The mini KC.....I work with a rovers fan who knows everything about both teams but never goes,am having a discussion about their ground...he says midget Hudgeall and the consortium own the ground but I thought it was Gaingroup or whatever own it.

It is owned by the council iirc and they pay a peppercorn rent.

Wasn't Gaingroup something to do with the council?.....that will do me for now to shut him up

rlSome detail in Wikirl

Rovers lease Craven Park from Kingston Community Development who in turn lease it from Hull City Council.

so in a nutshell, they dont own it lol

It was originally something to do with a consortium run by don robinson iirc, not sure who it is now but pretty certain hudge has no part of it.
different scenario to your set up tho, we do have all the up keep, development an subsequently also havd the ability to make money from events and catering.

u maybe correct but we are still hull Kingston rovers not sharks not r.l or hull or f.c we haven't changed our name 8 times and we have never been bought out by Gateshead thunder that my friend is a fact

This is his next nugget he has just dropped on me

Thin and ice spring to mind, I'm afraid.

Craven park was owned by a dog racing company for many years if that helps!

So, they've took out huge loans and paid for a new stand for a stadium they don't own?

Cracking bit of business. That's like me building a conservatory on next doors house.

Too right there no better off then us and we rent the KC, they've got the cost of running repairs & mini kc is worth nothing till its time to sell its like owning any property or land, not worth out till you sell it on...& who would buy that dump.

Craven park does not exist

No better off then you? We have a 99 year lease which costs us around 20k a year. This increases in a year as that's when we have to start paying the council a mortgage fee for the North stand. But yourselves pay 600k rent for the KC stadium a massive difference of 580k per year. Yes you don't have any upkeep costs but on the other hand we earn every penny from ground sponsorship and naming rights, ticket sales and events. The only thing we don't earn 100% of is the profits from catering and that's only because we have an events company running the catering rather then run it ourselves.

Many people do renovations to properties they only rent. I wouldn't personally but when you have a 99 year lease on a property and knowing the renovations will eventually make you money and increase the profile of the club then we'd have been stupid not to make the renovations we have.

How come you run at such a loss then? One of the worst in SL, but you get good crowds & you haven't pumped loafs into youth, so what's happening with all the money?