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only a fan would ever buy the club outright, we all know theres no real money in running a rugby league side. That said im a big fan but if i was loaded dont think id put my money in, no chance of a massive payback and board level money makes no dif to us anyway. Wer spending cap,same as wigan and wire its just we dont do it as well. No 1 makes money in sport nowadays, its a passion not an investment

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“We will not accept a top eight finish as a barometer of supposed success at any point in the future whilst I am the owner of this club. Thats why you got the Bullet Agar...Adam Pearson wants winners...not useless gits like you. "Rugby League is a simple game played by simple people. Rugby Union is a complex game played by wankers." L.Daley 2005:



Quote: UllFC "my only issue with the board is the appointment/renewal of Agar.

everything else seems to be run in a very organized manner.

and they have tried to get us a training ground...but have been dragged into the world of public-private partnerships, with the many hurdles that entails. They seem to be back to 'square one' so we'll have to see what new plans they come up with.'"


Sums it up for me pretty much.

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The poor man's bonaire:d7dc4b20b2c2dd7b76ac6eac29d5604e_32641.jpg



Quote: Mrs Barista "No. We've made best part of £1m over the last 5 years, but the creditors number was "only" ever £2.4m and is still £1.7m, problem is you can't see how this is made up, some will be deferred income, accruals, trade creditors etc. We do also have £400k cash at bank though. £3m of debt - I think you're maybe confusing us with Rovers whose total creditors per the 2008 accounts were £3.2m, that's before their 2009 accounts are filed in August, with Hudgell on record that Rovers lost a further £450,000 in that financial year.

In terms of the corporation tax, we still have accumulated losses so no danger of corporation tax avoidance I wouldn't think.'"


I doubt I'd confuse us with rovers icon_lol.gif

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Quote: UllFC "my only issue with the board is the appointment/renewal of Agar.

everything else seems to be run in a very organized manner.

and they have tried to get us a training ground...but have been dragged into the world of public-private partnerships, with the many hurdles that entails. They seem to be back to 'square one' so we'll have to see what new plans they come up with.'"


And the club is looking to contribute £1.5m towards the cost of it. Don't know if they'll issue more shares or borrow it

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[b:1g6itio7][color=#000000:1g6itio7]Take kindly the counsel of the years, gracefully surrendering the things of youth. Nurture strength of spirit to shield you in sudden misfortune. But do not distress yourself with imaginings. Many fears are born of fatigue and loneliness. Beyond a wholesome discipline, be gentle with yourself.; [/color:1g6itio7][/b:1g6itio7]:d7dc4b20b2c2dd7b76ac6eac29d5604e_663.jpg



If we are talking of a commercial business enterpirse operating in the entertainment area, I would say FC are doing very well nicely from a commercial point of view. The decision to extent Richards contract was no doubt taken against a back ground of coaching vacancies popping up, the price being right and of course the managements leanings.

The problem of Richard's new two year extension only becomes relevent if the faithfull stop blindly funding the operation. At that point the board will act, until then expect the business to continue into 2011 &12 much as it is at the moment.

The salary cap is full of holes and if anyone fancies pushing it by challenging some clubs "photo rights" payments they will find that under European trading law its a restriction of trade and would vanish. The present system is a joke and no one is ever going to convince me that some clubs a re spending the same as FC, the move to the present system has effectively put a cloak over the whole sad affair.

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Quote: Ian P "If we are talking of a commercial business enterpirse operating in the entertainment area, I would say FC are doing very well nicely from a commercial point of view. The decision to extent Richards contract was no doubt taken against a back ground of coaching vacancies popping up, the price being right and of course the managements leanings.

The problem of Richard's new two year extension only becomes relevent if the faithfull stop blindly funding the operation. At that point the board will act, until then expect the business to continue into 2011 &12 much as it is at the moment.

The salary cap is full of holes and if anyone fancies pushing it by challenging some clubs "photo rights" payments they will find that under European trading law its a restriction of trade and would vanish. The present system is a joke and no one is ever going to convince me that some clubs a re spending the same as FC, the move to the present system has effectively put a cloak over the whole sad affair.'"


Fully agree, the salary cap is open to abuse, no doubt about it.

28 posts in 3 pages 
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Subscribe | Moderators: Admin, Kosh , Roland_R , Karen
28 posts in 3 pages 
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Subscribe | Moderators: Admin, Kosh , Roland_R , Karen



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