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FORUMS > Hull FC > Pearson interview on club finances and future
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If Pearson knew the clubs finances were in a right mess, and he was spending the top limit of the salary cap, then why did he sign Josh Reynolds of a big fat salary?

He is spending beyond his means, and that his own fault.

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Quote: Rugby Raider "I wasn’t trolling.

Your post suggested Rovers were financially doing well from various other activities when they can operate outside Covid restrictions. Personally i think that’s great and any rugby league club would welcome other revenue streams. Obviously at Hull, due the the SMC agreement, our hands are tied on many of those options.

With regards Hudgell and the Allam’s, I was just providing balance to your post. Although Rovers may have some additional income streams, it doesn’t address what you owner has publically said about Rovers finances.

It’s like celebrating finding a tenner when you’ve just lost £50.'"


I did not suggest that we were doing well financially as a club. I said we were able to benefit from the extraneous income streams that you mentioned in your origin post when you said other than Saints and Leeds clubs could not. Looking at other posts you do not even appear to be correct about Leeds’ situation.

No one is celebrating. Once again, your point of view is challenged, hey presto let’s introduce yet another topic.

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Quote: Keiththered "We do very nicely from concerts, bars etc thank you very much. Only COVID-19 has stopped those sources of income. Not only do we utilise the ground but the car park as well.'"


Rovers have done well in improving what was a poor ground and yes have started to carve out a niche for concerts as there aren't any other 10-15k sized stadiums around, only Donny. The KCOM/MKM is too big for a lot of music acts, even without the Allam issues. I also think Rovers idea of having beer stalls and food at one end is a good idea.

But while you seem to have a good and steady deal with the council, the ownership hasn't been transferred yet and you're in the same boat as most SL teams in needing an owner to cover losses.

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Quote: Keiththered "I did not suggest that we were doing well financially as a club. I said we were able to benefit from the extraneous income streams that you mentioned in your origin post when you said other than Saints and Leeds clubs could not. Looking at other posts you do not even appear to be correct about Leeds’ situation.

No one is celebrating. Once again, your point of view is challenged, hey presto let’s introduce yet another topic.'"


I didn’t write the other posts about St Helens and Leeds.

In summary our posts both conclude that Rovers have the ability to generate other income from their ground that other clubs, including Hull, can’t. Rovers, like other clubs, are still financially dependent on owners or other parties.

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Quote: Rugby Raider "I didn’t write the other posts about St Helens and Leeds.

In summary our posts both conclude that Rovers have the ability to generate other income from their ground that other clubs, including Hull, can’t. Rovers, like other clubs, are still financially dependent on owners or other parties.'"

I think even football clubs are dependent on owners

Huge clubs like man utd running up 100s of millions of debt a year on year due to ridiculous wages/transfers even they can't afford it in the real world

Clubs like Bury, Macclesfield etc going to the wall in recent years

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Quote: Thetalentboy "I think even football clubs are dependent on owners

Huge clubs like man utd running up 100s of millions of debt a year on year due to ridiculous wages/transfers even they can't afford it in the real world

Clubs like Bury, Macclesfield etc going to the wall in recent years'"


Man United's owners have deliberately saddled the club with debt to then gain an income from loans to themselves, same situation at Hull City on a smaller scale.

Footballs biggest problem is everyone gambling to get promoted or get into the Champions League etc they all think 'one more big signing' and get carried away.

Anyway back to FC: Leeds game moved to Thursday night for TV doesnt help the coffers. First game back not on TV and on a Friday would have drawn another few thousand in. It does however give us another days rest before Saints on the Monday.

94 posts in 7 pages 
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