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International Chairman | 14845 | No Team Selected |
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Dec 2001 | 23 years | |
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Oct 2021 | Jul 2021 | LINK |
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| Quote Barnacle Bill="Barnacle Bill"I don't understand why the owner says that the club has no debts, not even directors loans, but they still report huge losses. The money he puts in has to be classed as income of some sort (sufficient to cover the trading deficit) but they still post losses. How can this be?
'"
Quite easily. The owner could put in a few million as share capital. No debt but losses are covered.
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Oct 2021 | Jul 2021 | LINK |
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| Quote JB Down Under="JB Down Under"is there tax reasons for posting losses rather than profits? One thing I've learned about stats and financial reports is that they can both be made to show what ever you want them to!'"
No.
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
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Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Oct 2021 | Jul 2021 | LINK |
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| Quote Adeybull="Adeybull"Two others:
1. Total incompetence. (again??)
2. There is some fundamental uncertainty that is preventing the accounts being signed off yet but where resolution is reasonably expected within a sensible time frame (although in such cases you should seek an extension from Companies House, who will generally grant it - not happened)
So that gives us:
1. Incompetence
2. Fundamental uncertainty
3. Something to hide
Several years running.
Wonder which one/s it is?
'"
Normally 2 amd 3 follow from 1.
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Rank | Posts | Team |
Club Coach | 29879 | No Team Selected |
Joined | Service | Reputation |
Jul 2005 | 20 years | |
Online | Last Post | Last Page |
May 2025 | Feb 2025 | LINK |
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| Quote The Chronicler of Chiswic="The Chronicler of Chiswic"All I'm getting from this is that you can make figures show whatever you want - which as a retired Royal Mail statisticain I knew already!'"
Ssssh - keeps some of us in a job. 
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Oct 2021 | Jul 2021 | LINK |
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| Quote Derwent="Derwent"Not at all.
If you have the balance sheet you can work out the OCF quite easily from the movements in working capital and the annual EBITDA. So long as you have the opening and closing balances for debtors, creditors and stock then you can work out what the cashflow was from normal operating activities though in some cases you'd have to have an educated guess at EBITDA due to lack of a detailed P&L.'"
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Rank | Posts | Team |
Player Coach | 2912 | No Team Selected |
Joined | Service | Reputation |
May 2006 | 19 years | |
Online | Last Post | Last Page |
Apr 2024 | Jan 2020 | LINK |
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Rank | Posts | Team |
Player Coach | 999 | No Team Selected |
Joined | Service | Reputation |
May 2009 | 16 years | |
Online | Last Post | Last Page |
Apr 2014 | Apr 2014 | LINK |
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| i'm a plasterer i dont care!!!!
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Rank | Posts | Team |
Club Owner | 10532 | No Team Selected |
Joined | Service | Reputation |
Feb 2004 | 21 years | |
Online | Last Post | Last Page |
Jul 2014 | Jul 2014 | LINK |
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| Does anyone think that chris joint should have been penalised for a voluntary tackle at the grand final.
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Rank | Posts | Team |
International Chairman | 14845 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
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Oct 2021 | Jul 2021 | LINK |
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| Quote Wild Child LukeSykes83="Wild Child LukeSykes83"Does anyone think that chris joint should have been penalised for a voluntary tackle at the grand final.'"
No, because he never played in a Grand Final.
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Rank | Posts | Team |
Club Owner | 10532 | No Team Selected |
Joined | Service | Reputation |
Feb 2004 | 21 years | |
Online | Last Post | Last Page |
Jul 2014 | Jul 2014 | LINK |
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| Quote Dally="Dally"No, because he never played in a Grand Final.'"
Im sorry Dally but Mrs An-Count B has bored me into a stupier so i thought i'd talk about rugby league. 
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Rank | Posts | Team |
Player Coach | 999 | No Team Selected |
Joined | Service | Reputation |
May 2009 | 16 years | |
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Apr 2014 | Apr 2014 | LINK |
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| its all the drivel we get used to
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Rank | Posts | Team |
Club Coach | 12102 | No Team Selected |
Joined | Service | Reputation |
May 2005 | 20 years | |
Online | Last Post | Last Page |
Feb 2016 | Jul 2014 | LINK |
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Quote Mrs Barista="Mrs Barista"Seems like 2009 was a marginally better year financially for some clubs. In 2008, the only club (I think) to make a profit was Hull FC. The league table of profit/loss for 2009 is as follows (assuming I've got the right entities) and shows 4 clubs in profit and a further 3 with a loss < £100k (although I'm being a bit generous with Wigan and using their pre impairment/depreciation/interest number). Leeds profit is before a hefty exceptional income of £3m from a transaction with Yorkshire CC. The average loss excluding Harlequins, which IMO distorts the underlying picture, is -£103,630.
Leeds 720,871
Warrington 159,514
Hull FC 77,141
Castleford 26,679
Salford -19,651
Wigan -40,715
Bradford -72,209
Wakefield -202,379
Huddersfield -823,739
St Helens -861,810
Harlequins -1,936,804
Average excluding Harlequins -103,630
This excludes clubs whose accounts are overdue, ie Hull KR and Crusaders.'"
www.thisishullandeastriding.co.u ... ticle.html
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Quote Mrs Barista="Mrs Barista"Seems like 2009 was a marginally better year financially for some clubs. In 2008, the only club (I think) to make a profit was Hull FC. The league table of profit/loss for 2009 is as follows (assuming I've got the right entities) and shows 4 clubs in profit and a further 3 with a loss < £100k (although I'm being a bit generous with Wigan and using their pre impairment/depreciation/interest number). Leeds profit is before a hefty exceptional income of £3m from a transaction with Yorkshire CC. The average loss excluding Harlequins, which IMO distorts the underlying picture, is -£103,630.
Leeds 720,871
Warrington 159,514
Hull FC 77,141
Castleford 26,679
Salford -19,651
Wigan -40,715
Bradford -72,209
Wakefield -202,379
Huddersfield -823,739
St Helens -861,810
Harlequins -1,936,804
Average excluding Harlequins -103,630
This excludes clubs whose accounts are overdue, ie Hull KR and Crusaders.'"
www.thisishullandeastriding.co.u ... ticle.html
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