They do, when their finances are published, directors loans are included in the debt figure. Why should HKR be treated any different from ANY OTHER COMPANY, not just RL clubs?

4th time lucky eh?

when you write off a debt like that you have to pay tax on it.

wigan probably did it beause the club was sold to an outside party and it was part of cleaning up the books.

Here, try thishttp://i6.raidpic.com/270764553224.02.LZZZZZZZ.jpg" >

There's a section in there on comprehension, ask a grown up to read it to you

your guesses contain more info than was in the newspaper article.

financial statements do tell you the break up of assets and liabilities.

they come with a set of notes attached which break down the current assets / liabilities, non current assets / liabilities into their larger components

No chance.

Unless you are saying in effect it would be another Hull FC home game with Rovers fans in the North Stand. Rovers haven't the fans to fill the West Stand never mind the East and South as well.

Anyway it's not going to happen so it's a pointless discussion.

so the other 5,000+ fans that turn up on derby day are from where? There is always pelnty of Rovers fans in teh East and South stand not to mention the neutrals that turn up for the "occasion" (who wouldn;t want to see Rovers win another derby game?)

As said its a mute point as A) Rovers fans don;t want it B) Financially it wouldn't be worth much by the time you have paid the SMC fees and lost other game day revenues and C) we'll leave plastic stadiums for plastic clubs thanks!

Not in abbreviated accounts they don't.

Why not spend a few £ on downloading the readily available accounts from Companies House, get someone to read them to you and then come back and give us all the breakdown? So far a couple of qualified accountants on the Hull board and the HDM have failed to find this breakdown information.

well newspaper articles shoudnt be based on abbreviated accounts should they?

from what i read in the link the person that wrote the article sure didnt look further than the abbreviated accounts.

as i said, its a case of poor 1st year accounting

if the paper wants a more accurate analysis they should pay me to look at them and ill write a more accurate article

The abbreviated accounts are all that's available for a company with the turnover of an RL club.

You ought to stop pretending that you know what you're talking about. It's just making you look foolish.

I dont know what the hell you accountants are talking about, but it sure aint too appealing a topic to investigate!

This thread is as dead a dead thing on dead day.