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Player Coach | 97 | No Team Selected |
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| Don't see why the club shop can't operate as today selling tickets. Was told south stand unreserved is sold out
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International Star | 167 | No Team Selected |
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| I thought this was about the derby ????????? for the record both teams lose money hand over fist.
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Club Owner | 7735 | No Team Selected |
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Feb 2004 | 21 years | |
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| Quote Keith_Lard="Keith_Lard"I am not confusing accumulated loses with a debt. What I was asking is where have the accumulated loses of £2.7 million come from? Barista recons there were accumulated loses of £2million showing on the 2011 accounts. Clearly not true looking at the accounts.
goodwill and intangible assets are charged to the profit and loss account (income statement) in the periods in which they are depleted. When an intangible asset is disposed of, the gain or loss on disposal is included in profit or loss'"
Really, you need to stop, it's not healthy to be obsessed by something you are clearly not familiar with.
Ok, read this a few times before responding.
The ACCUMULATED loss. The net balance of net profit less net loss since incorporation. Now, like it or not the historic company of Hull FC didn't disappear., it merged with another company( which incidentally also had a 600k loss accumulated in just 12 months) . At that point the historical company had accumulated losses of over £1.5m . This is really not hard to work out. Time passes, some losses are made and a few years of small profits are made. It left the company in 2010 having an accumulated loss of circa £2m.
I got incorrectly accused of googling earlier, never could an ill judged post prove a point of plagerism than yours. LISTEN AND READ CAREFULLY. Internally generated intangibles. Virtually impossible to recognise in the accounts as it's difficult to identify a realisable measurement of value. Hence the auditors qualified their report as it disagreed at the time with both SSAP13 and FRS 11. Hull FC created a reserve (ie a transaction direct to equity, not to p/l) of the valuation of players (under contract under the age of 24). Any movement in that value would have been altered via the reserve which backed it up and never affecting the p/l account.
That, as they say, is tHe final word. Please don't bore the rest of the forum users with a contrary response, you will be wrong.
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Rank | Posts | Team |
Club Owner | 7735 | No Team Selected |
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Feb 2004 | 21 years | |
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| Quote Jake the Peg="Jake the Peg"Really? Seem to remember it was like the wild west at times which is why it was shut down'"
I remember fans who supported their clubs and backed them. From time to time discussions got out of hand between fans of other clubs"
A there was rarely fans of a club slagging off their club at any opportunity.
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Rank | Posts | Team |
Club Owner | 7735 | No Team Selected |
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Feb 2004 | 21 years | |
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| Quote Rover105="Rover105"I thought this was about the derby ????????? for the record both teams lose money hand over fist.'" The
Never a truer word said. Some however don't lie the realisation of being very wrong
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International Star | 89 | No Team Selected |
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Apr 2015 | 10 years | |
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| Quote Mild mannered Janitor="Mild mannered Janitor"Really, you need to stop, it's not healthy to be obsessed by something you are clearly not familiar with.
Ok, read this a few times before responding.
The ACCUMULATED loss. The net balance of net profit less net loss since incorporation. Now, like it or not the historic company of Hull FC didn't disappear., it merged with another company( which incidentally also had a 600k loss accumulated in just 12 months) . At that point the historical company had accumulated losses of over £1.5m . This is really not hard to work out. Time passes, some losses are made and a few years of small profits are made. It left the company in 2010 having an accumulated loss of circa £2m.
I got incorrectly accused of googling earlier, never could an ill judged post prove a point of plagerism than yours. LISTEN AND READ CAREFULLY. Internally generated intangibles. Virtually impossible to recognise in the accounts as it's difficult to identify a realisable measurement of value. Hence the auditors qualified their report as it disagreed at the time with both SSAP13 and FRS 11. Hull FC created a reserve (ie a transaction direct to equity, not to p/l) of the valuation of players (under contract under the age of 24). Any movement in that value would have been altered via the reserve which backed it up and never affecting the p/l account.
That, as they say, is tHe final word. Please don't bore the rest of the forum users with a contrary response, you will be wrong.'"

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Club Captain | 140 | No Team Selected |
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Dec 2015 | 9 years | |
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Apr 2017 | Mar 2017 | LINK |
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| Quote Mild mannered Janitor="Mild mannered Janitor"Really, you need to stop, it's not healthy to be obsessed by something you are clearly not familiar with.
Ok, read this a few times before responding.
The ACCUMULATED loss. The net balance of net profit less net loss since incorporation. Now, like it or not the historic company of Hull FC didn't disappear., it merged with another company( which incidentally also had a 600k loss accumulated in just 12 months) . At that point the historical company had accumulated losses of over £1.5m . This is really not hard to work out. Time passes, some losses are made and a few years of small profits are made. It left the company in 2010 having an accumulated loss of circa £2m.
I got incorrectly accused of googling earlier, never could an ill judged post prove a point of plagerism than yours. LISTEN AND READ CAREFULLY. Internally generated intangibles. Virtually impossible to recognise in the accounts as it's difficult to identify a realisable measurement of value. Hence the auditors qualified their report as it disagreed at the time with both SSAP13 and FRS 11. Hull FC created a reserve (ie a transaction direct to equity, not to p/l) of the valuation of players (under contract under the age of 24). Any movement in that value would have been altered via the reserve which backed it up and never affecting the p/l account.
I stated that it would affect the profit and loss account if he followed the recommendations and removed the valuation of the players as intangible assets. If anything he has increased the valuation after he stated that he was going to reduce the figure.
That, as they say, is tHe final word. Please don't bore the rest of the forum users with a contrary response, you will be wrong.'"
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International Board Member | 26331 | No Team Selected |
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Mar 2003 | 22 years | |
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| Quote Keith_Lard="Keith_Lard"'"
That's your best post on here Keith.
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Club Owner | 7735 | No Team Selected |
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Feb 2004 | 21 years | |
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| Quote Dave K.="Dave K."That's your best post on here Keith.'"
DAve, I think its this bit Keith still cannot fathom
Quote Dave K.I stated that it would affect the profit and loss account if he followed the recommendations and removed the valuation of the players as intangible assets. If anything he has increased the valuation after he stated that he was going to reduce the figure.'"
I mentioned in my earlier post, you really should stop, its becoming embarrassing for you.
The valuation of the player contracts is, in reality a made up figure and not based on a cash transaction. This made up figure when originally recognised created an asset and a reserve. Any increase or decrease to that figure would affect that reserve and not the p/l.
You are confusing this situation with that of amortisation of intangibles.
You are wrong. Persistently wrong.
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International Star | 5318 | Hull FC |
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Aug 2011 | 14 years | |
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| Squad confirmed:
Abdull, Bowden, Fonua, Green, Houghton, Lancaster, Logan, Manu, Michaels, Minichiello, Naughton, Palea’aesina, Pritchard, Pryce, Shaul, Smith (trialist), Sneyd, Taylor, Thompson, Tuimavave, Washbrook, Watts.
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Rank | Posts | Team |
Player Coach | 8700 | Hull FC |
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Jul 2006 | 19 years | |
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May 2025 | Feb 2025 | LINK |
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| Quote ccs="ccs"Squad confirmed:
Abdull, Bowden, Fonua, Green, Houghton, Lancaster, Logan, Manu, Michaels, Minichiello, Naughton, Palea’aesina, Pritchard, Pryce, Shaul, Smith (trialist), Sneyd, Taylor, Thompson, Tuimavave, Washbrook, Watts.'"
Shaul
Michaels
Logan
Tuimavave
Fonua
Pryce
Sneyd
Taylor
Houghton
Watts
Minichiello
Pritchard
Abdull
Bowden
Green
Lancaster
Washbrook
Manu
Feka
Smith
Thompson
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