FORUMS FORUMS



  
FORUMS > The Virtual Terrace > Hull KR's debts
325 posts in 23 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
RankPostsTeam
Player Coach12958No
Team
Selected
JoinedServiceReputation
Apr 200718 years
OnlineLast PostLast Page
Jul 2011Jul 2011LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Ian P "It was once, it is not now under the user agreement. KR where asked if they wanted to join the other two clubs at the KC and they declined. KR where given the ground that Craven park is built on for a nominal price ( £1 IIRC ) and they then sold it off to pay of debts.

The only way KR could play at the KC is[size IF[/size both City and FC agree to let them use it. If either one disagrees then it does not happen as these two are the major uses of the stadium, so thats the end of that one
why would tenants have any say on who uses a council built stadium?

its not like Hull FC could stop the decision to host test matches there recently?

RankPostsTeam
Player Coach3829
JoinedServiceReputation
Oct 200519 years
OnlineLast PostLast Page
Nov 2024Sep 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: dally messenger "crowds - lower than cas who are the other potential for expulsion. salford dont count as they offer the potential of manchester

finances - arent wakey have troubles paying tax.

its good to see you value my opinion so much'"



The potential of Manchester!

Is that like the potential of London?

Potential doesn’t pay the wages.

Finances! Check the thread, I don’t think Wakey have the problems of H.K.R.

RankPostsTeam
Player Coach6915No
Team
Selected
JoinedServiceReputation
Oct 200618 years
OnlineLast PostLast Page
May 2012Apr 2012LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: dally messenger "why would tenants have any say on who uses a council built stadium?

its not like Hull FC could stop the decision to host test matches there recently?'"


Hull KR were offered the chance to play at the KC and they declined ....any decisions regarding the stadium are not made by the council they are made by the SMC.

RankPostsTeam
International Chairman12768No
Team
Selected
JoinedServiceReputation
Dec 200123 years
OnlineLast PostLast Page
Nov 2024Sep 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: dally messenger "why would tenants have any say on who uses a council built stadium?

its not like Hull FC could stop the decision to host test matches there recently?'"



The council own the stadium and have passed on its running to SMC on a fifty year lease. Both clubs have the option to prevent an other user coming in and using the pitch on regular basis. the pitch being of a woven and grass type is designed for around 55 matches a year and anymore would cause damage.

The international match was not at the KC last year due to a certain SMC boss at the time making it difficult for the RFL to arrange. The new SMC boss is Adam Pearson who is a lot more RL friendly then the last and has already stated he will ensure that International RL returns to the KC.

RankPostsTeam
International Board Member18789No
Team
Selected
JoinedServiceReputation
Aug 200222 years
OnlineLast PostLast Page
Sep 2023Mar 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: The Devil's Advocate "The potential of Manchester!

Is that like the potential of London?'"


No. It's different. It's a potential that's been as yet untapped by Salford and Swinton. Give them time ............. icon_biggrin.gif

RankPostsTeam
Club Owner33944No
Team
Selected
JoinedServiceReputation
Mar 200421 years
OnlineLast PostLast Page
Mar 2016Mar 2016LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: littlerich "No. It's different. It's a potential that's been as yet untapped by Salford and Swinton. Give them time .............
Nice icon_wink.gif

RankPostsTeam
Player Coach1253
JoinedServiceReputation
Aug 200915 years
OnlineLast PostLast Page
Sep 2024Jul 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



wakefield are planning a new stadium, along with salford, cas ,and st helens.

stadiums cost huge money. far more than any rl team can afford. so very difficult to realise

wakefield not in millions of £ in debt
wakefield first team in play offs
wakefield academy champions
promotion of junior players into first team this season

hull kr are the only team playing in a dump who are making no plans to move out of it!

RankPostsTeam
Player Coach29797No
Team
Selected
JoinedServiceReputation
Jul 200519 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: dally messenger "no the nature of the liabilities is crucial

directors loans arent proper debts.'"


If they will never crystallise, why not waive them and reflect the adjustment in the accounts? Wigan had an amount owed to one of Lenegan's company that was written off in 2008 and disclosed as such.

Quote: dally messenger "what are Hull FCs debts like ?'"

Total of £1.4m thanks. They were £2.4m in 2004 but have reduced signifcantly after 5 years of profit.

Quote: dally messenger "im sure st helens have large directors loans too'"

Indeed, as do virtually all RL clubs. Saints do have the advantage of a £8.1m freehold asset also.

RankPostsTeam
International Board Member18789No
Team
Selected
JoinedServiceReputation
Aug 200222 years
OnlineLast PostLast Page
Sep 2023Mar 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: captaincaveman "wakefield are planning a new stadium, along with salford, cas ...................................hull kr are the only team playing in a dump who are making no plans to move out of it!'"


At the moment though - they are still at the same place on the starting blocks - in terms of stadia. I am "planning" to run the 100 meters in 9.78 seconds this year. I've got a diet, some new running shoes and a new athletics vest.

RankPostsTeam
Player Coach1253
JoinedServiceReputation
Aug 200915 years
OnlineLast PostLast Page
Sep 2024Jul 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: littlerich "At the moment though - they are still at the same place on the starting blocks - in terms of stadia. I am "planning" to run the 100 meters in 9.78 seconds this year. I've got a diet, some new running shoes and a new athletics vest.'"



this is precisely what i mean. you have to start somewhere. at least you are making plans. unlike some icon_lol.gif

maybe you will get on tv then DM will see you and know everything about you a046.gif

RankPostsTeam
Club Owner7735No
Team
Selected
JoinedServiceReputation
Feb 200421 years
OnlineLast PostLast Page
Aug 2023May 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: dally messenger "the article is a load of nonsense.

its written by someone with a basic knowledge of accounting and a little else

just because a debt is listed as a current liability doesnt mean the club really has to pay it back in a year'"



Sorry your post is absolute nonsence.

To use a recently used quote, your post is "written by someone with a basic knowledge of accounting and a little else"

Either repayment MUST be made within a 12 month period or there has to be some formal agreement for deferrment, which on the basis they are still current, would not appear to be the case.

The Article concerned is about as factual as you can get. It clearly states the date the accounts relate to and accuratly quotes figure from the accounts submit to companies house.

In short, you post was a pointless waste of effort. icon_wink.gif

RankPostsTeam
Club Owner7735No
Team
Selected
JoinedServiceReputation
Feb 200421 years
OnlineLast PostLast Page
Aug 2023May 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: General Zod. "Although I'm no legal expert, the Dobson headline "I'll prove I'm the best scrum-half in the city" would be commonly interpreted as that, that is what he actually said when it wasn't. Even though they haven't put headline in quotes, I'd expect it to fall under some kind of law - possibly defamation in the context that the HDM have portrayed him to be arrogant/cocky etc. if not defamation then I'm sure it would fall into a similar category - which one I don't know.

Again common interpretation of the £3M debt headline again indicates the figure in a current context and in a current context, it is simply not true as the current figure is around the £1M bracket. I'd imagine if the club could argue that if the HDM deliberately printed the article to infer that the figure was in a current context to portray a negative image of the club to potential investors or who ever, then that would be their avenue of leverage - as for what law it would fall under I don't know.

When all is said and done, the bottom line is that I'm 100% sure that Hudge wouldn't take legal action unless he believed it would hold water.'"


OK, question time.

At what point did hullkr issue shares to the tune of £2m in the last 18 months?
or
At what point did hullkr take out long term loans the tune of £2m in the last 18 months?

If they didn't do either then you are talking nonsense. icon_wink.gif

RankPostsTeam
Player Coach643No
Team
Selected
JoinedServiceReputation
Aug 200618 years
OnlineLast PostLast Page
Jun 2018Jun 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: captaincaveman "this is precisely what i mean. you have to start somewhere. at least you are making plans. unlike some

You started plans more than 10 years ago .We have been in sl 3 years and made massive strides .Concentrate on you own club rather than slagging off others eusa_naughty.gif You will be judged on what you have done not what others have done

RankPostsTeam
Club Owner7735No
Team
Selected
JoinedServiceReputation
Feb 200421 years
OnlineLast PostLast Page
Aug 2023May 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: dally messenger "hey if you dont think craven park is good enough, they could always play at the KC, given its a community stadium

imagine what their crowds would be then.'"


The same as they are currently!

Do you think there is a warehouse full of rovers fans waiting for a new stadium before they go again? rovers have done well in exploiting their SL status to grow their fan base, AND YET THEY STILL LOSE MONEY HAND OVER FIST icon_wink.gif

rovers have been on the up for the last 4 season. I am sure we will see the true loyalty of some of these new found fans (not the 2500-3000 hardcore who stuck with them in the barron years) when thing really go pear shaped during the coming season icon_wink.gif

RankPostsTeam
Club Owner7735No
Team
Selected
JoinedServiceReputation
Feb 200421 years
OnlineLast PostLast Page
Aug 2023May 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: dally messenger "yeah im going to analyse the financials for you

i read the article and it was a load of nonsense

it doesnt even say who the debts are owed to'"


No set of financial statements will tell you that.

That being said its not difficult to guess who / what the current liabilities will include. There will be a fair amount of VAT owing to HMRC. There will be a fairly large amount of PAYE / NIC payable. There will be a certain amount of deferred income from season ticket sales for future matches. On the basis of the East stand extention, there will be a fair amount of monies owning for its construction. There will inevitably be a degree of directors loans. Going on past performance, you know that historically hkr have been very slow payers to their creditors leading to some small companies and business being put into their own financial difficulties, there will be a fair amount of smaller creditors who historically rovers have treated very poorly. icon_wink.gif

325 posts in 23 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
325 posts in 23 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, Durham Giant , TimperleySaint



All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.

Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.

RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.

Copyright 1999 - 2024 RLFANS.COM

You must be 18+ to gamble, for more information and for help with gambling issues see https://www.begambleaware.org/.



Please Support RLFANS.COM


3.7216796875:10
POSTSONLINEREGISTRATIONSRECORD
19.65M 1,670 80,15614,103
LOGIN HERE
or REGISTER for more features!.

When you register you get access to the live match scores, live match chat and you can post in the discussions on the forums.
YOU HAVE RL FIXTURES OFF
 Thu 13th Feb 2025
     Mens Super League XXX-R1
20:00
Wigan
v
Leigh
 Fri 14th Feb 2025
     Mens Super League XXX-R1
20:00
Hull KR
v
Castleford
20:00
Catalans
v
Hull FC
 Sat 15th Feb 2025
     Mens Super League XXX-R1
15:00
Leeds
v
Wakefield
17:30
St.Helens
v
Salford
       Championship 2025-R1
18:00
Toulouse
v
Widnes
 Sun 16th Feb 2025
     Mens Super League XXX-R1
15:00
Huddersfield
v
Warrington
       Championship 2025-R1
15:00
Bradford
v
LondonB
15:00
Featherstone
v
Doncaster
15:00
Oldham
v
York
15:00
Sheffield
v
Halifax
15:00
Barrow
v
Hunslet
 Thu 20th Feb 2025
     Mens Super League XXX-R2
20:00
Wakefield
v
Hull KR
 Fri 21st Feb 2025
     Mens Super League XXX-R2
20:00
Warrington
v
Catalans
20:00
Hull FC
v
Wigan
 Sat 22nd Feb 2025
     Mens Super League XXX-R2
15:00
Salford
v
Leeds
20:00
Castleford
v
St.Helens
 Sun 23rd Feb 2025
     Mens Super League XXX-R2
14:30
Leigh
v
Huddersfield
       Championship 2025-R2
15:00
Halifax
v
Barrow
15:00
Hunslet
v
Bradford
ALL SCORES PROVIDED BY RLFANS.COM (SETTINGS)
YOU HAVE RL FIXTURES OFF
Matches on TV
Thu 13th Feb
SL
20:00
Wigan-Leigh
Fri 14th Feb
SL
20:00
Hull KR-Castleford
SL
20:00
Catalans-Hull FC
Sat 15th Feb
SL
15:00
Leeds-Wakefield
SL
17:30
St.Helens-Salford
Sun 16th Feb
SL
15:00
Huddersfield-Warrington
Thu 20th Feb
SL
20:00
Wakefield-Hull KR
Fri 21st Feb
SL
20:00
Warrington-Catalans
SL
20:00
Hull FC-Wigan
Sat 22nd Feb
SL
15:00
Salford-Leeds
SL
20:00
Castleford-St.Helens
Sun 23rd Feb
SL
14:30
Leigh-Huddersfield
Fri 28th Feb
SL
20:00
Huddersfield-Hull FC
SL
20:00
Hull KR-Salford
SL
20:00
Leigh-Catalans
Sat 1st Mar
SL
14:30
Wakefield-St.Helens
SL
21:30
Wigan-Warrington
Sun 2nd Mar
SL
15:00
Leeds-Castleford
Thu 6th Mar
SL
20:00
Hull FC-Leigh
Fri 7th Mar
SL
20:00
Castleford-Salford
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 29 768 338 430 48
Hull KR 29 731 344 387 44
Warrington 29 769 351 418 42
Leigh 29 580 442 138 33
Salford 28 556 561 -5 32
St.Helens 28 618 411 207 30
 
Catalans 27 475 427 48 30
Leeds 27 530 488 42 28
Huddersfield 27 468 658 -190 20
Castleford 27 425 735 -310 15
Hull FC 27 328 894 -566 6
LondonB 27 317 916 -599 6
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 27 1032 275 757 52
Toulouse 26 765 388 377 37
Bradford 28 723 420 303 36
York 29 695 501 194 32
Widnes 27 561 502 59 29
Featherstone 27 634 525 109 28
 
Sheffield 26 626 526 100 28
Doncaster 26 498 619 -121 25
Halifax 26 509 650 -141 22
Batley 26 422 591 -169 22
Swinton 28 484 676 -192 20
Barrow 25 442 720 -278 19
Whitehaven 25 437 826 -389 18
Dewsbury 27 348 879 -531 4
Hunslet 1 6 10 -4 0
YOU HAVE RECENT POSTS OFF


Visit the RLFANS.COM SHOP
for more merchandise!