Quote: His Bobness "The reason Rovers have backers with money is because the club owns the ground and surrounding land. But don't forget that Neil Hudgell owns more than 75% of the shares so is still effectively the sole owner. The reason that Sewell and Kilburn were attracted is the development opportunities that are on offer.
Craven Park is going to be developed bit by bit over the years and Sewell Group and MKM (Kilburn joint owner) will play a major role. Also there are 7 pockets of land one of which already has planning permission for housing.
Of course Rovers do also have multi millionaire James McNicol son of former chairman who is ploughing in money simply because he is a supporter.
Owning the ground means that Rovers collect every single penny that is generated. Rovers are now attracting bigger crowds than Hull FC anyway so are miles ahead in terms of matchday income.
As Adam Pearson said after Rovers purchased the stadium 'I can only envy Hull Kingston Rovers'.'"
I don’t doubt that Rovers have a much better match day income then Hull. We can both only spend 3.1 million or a year whatever it is even if you max out every single marquee dispensation regardless.
It’s great for you because you was able to buy the ground at a decent price. Like I said earlier, it would cost Hull likely £60-70 million to build a ground, going off St Helens cost of £25 million 15 years ago for no real advantage. Maybe we’d get an extra 0.25 points for primary tenancy or whatever on IMG, but that’s not going to be around long anyways.