|
 |
| Rank | Posts | Team |
| Club Coach | 4033 | No
Team
Selected |
| Joined | Service | Reputation |
| Sep 2005 | 20 years | |
| Online | Last Post | Last Page |
| Mar 2014 | Mar 2014 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote Bertie="Bertie"Thanks for the reply Mrs Barista, but still unsure what you mean by inter company transactions.....what other companies apart from City and Hull FC are involved ?'"
 |
|
|
| Rank | Posts | Team |
| International Board Member | 37503 | Coventry Bears |
| Joined | Service | Reputation |
| Apr 2003 | 22 years | |
| Online | Last Post | Last Page |
| Apr 2015 | Oct 2014 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote Mrs Barista="Mrs Barista"No, nothing to do with FC. The point is that as far as I know the SMC are appointed as custodians of the £43.5m council-owned asset that is the KC stadium. I don't agree that having the same person/people on the board of both the SMC and one of the sporting clubs that plays there (ie City) is appropriate. From FC's point of view, the agreed rental is an arm's length transaction so there are no issues, but where you have common boards, there is potential for intercompany transactions to be manipulated. I've seen arbitrary management fees etc between related companies plenty of times. What I'm saying here is that, from an audit perspective, the council have placed their hugely expensive asset under the custodianship of an interested party, ie City, who appear to be in the financial mire. If I were at the council, I'd be all over the books like a rash. I'm not saying anything inappropriate has occurred, but the potential for it happening is definitely there, and IMO the council should have created an independent management team at SMC to avoid this eventuality.'"
Then blame Richardson for not taking the place that was available. |
|
|
|
|
| Rank | Posts | Team |
| Player Coach | 146 | No
Team
Selected |
| Joined | Service | Reputation |
| May 2006 | 19 years | |
| Online | Last Post | Last Page |
| Mar 2019 | Mar 2019 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote Bertie="Bertie"Thanks for the reply Mrs Barista, but still unsure what you mean by inter company transactions.....what other companies apart from City and Hull FC are involved ?'"
The same (or very similar) shareholders own Hull City and the Stadium Management Company (SMC). The SMC has a contract from KUHCC to operate the stadium and receives income from :-
- Rents from HCAFC and HFC
- Catering and bar takings
- Executive box/coroporate hospitality
- Corporate events
What I think Mrs B is (quite rightly) saying is that there is such a close connection between Hull City and the SMC that there is the potential for creative accounting between the two |
|
|
| Rank | Posts | Team |
| International Board Member | 37503 | Coventry Bears |
| Joined | Service | Reputation |
| Apr 2003 | 22 years | |
| Online | Last Post | Last Page |
| Apr 2015 | Oct 2014 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote dessieboy="dessieboy"The same (or very similar) shareholders own Hull City and the Stadium Management Company (SMC). The SMC has a contract from KUHCC to operate the stadium and receives income from :-
- Rents from HCAFC and HFC
- Catering and bar takings
- Executive box/coroporate hospitality
- Corporate events
What I think Mrs B is (quite rightly) saying is that there is such a close connection between Hull City and the SMC that there is the potential for creative accounting between the two'"
No, you are wrong.
The club gets income from the exec boxes at least. |
|
|
| Rank | Posts | Team |
| Club Coach | 4033 | No
Team
Selected |
| Joined | Service | Reputation |
| Sep 2005 | 20 years | |
| Online | Last Post | Last Page |
| Mar 2014 | Mar 2014 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
|
Quote Bertie="Bertie"Thanks for the reply Mrs Barista, but still unsure what you mean by inter company transactions.....what other companies apart from City and Hull FC are involved ?'"
www.hullcityafc.net/page/WhosWho ... 38,00.html
Your chairman is gets a mention here so it's more than likely rovers who are the "interlinked" club
|
|
Quote Bertie="Bertie"Thanks for the reply Mrs Barista, but still unsure what you mean by inter company transactions.....what other companies apart from City and Hull FC are involved ?'"
www.hullcityafc.net/page/WhosWho ... 38,00.html
Your chairman is gets a mention here so it's more than likely rovers who are the "interlinked" club
| |
|
|
|
|
|
|
| Rank | Posts | Team |
| Player Coach | 608 | No
Team
Selected |
| Joined | Service | Reputation |
| Mar 2009 | 16 years | |
| Online | Last Post | Last Page |
| May 2025 | Jan 2025 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| can anyone explain in hull language please???  |
|
|
| Rank | Posts | Team |
| Club Coach | 29876 | No
Team
Selected |
| Joined | Service | Reputation |
| Jul 2005 | 20 years | |
| Online | Last Post | Last Page |
| May 2025 | Feb 2025 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote dessieboy="dessieboy"The same (or very similar) shareholders own Hull City and the Stadium Management Company (SMC). The SMC has a contract from KUHCC to operate the stadium and receives income from :-
- Rents from HCAFC and HFC
- Catering and bar takings
- Executive box/coroporate hospitality
- Corporate events
What I think Mrs B is (quite rightly) saying is that there is such a close connection between [uHull City and the SMC[/u that there is the potential for creative accounting between the two'"
They are classed as "related parties" by virtue of common control. |
|
|
| Rank | Posts | Team |
| Player Coach | 608 | No
Team
Selected |
| Joined | Service | Reputation |
| Mar 2009 | 16 years | |
| Online | Last Post | Last Page |
| May 2025 | Jan 2025 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
|
can someone explain in 'hull' language please?
|
|
|
|
|
| Rank | Posts | Team |
| International Board Member | 1232 | No
Team
Selected |
| Joined | Service | Reputation |
| Apr 2003 | 22 years | |
| Online | Last Post | Last Page |
| Apr 2019 | Apr 2019 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
|
Is it the SMC that run the season pass sales for Hull FC? If so do the SMC take the money first and then pay it over to Hull FC? Anyone know?
|
|
|
| Rank | Posts | Team |
| Club Coach | 8546 | No
Team
Selected |
| Joined | Service | Reputation |
| Aug 2005 | 20 years | |
| Online | Last Post | Last Page |
| Apr 2025 | Mar 2024 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote Bertie="Bertie"Thanks for the reply Mrs Barista, but still unsure what you mean by inter company transactions.....what other companies apart from City and Hull FC are involved ?'"
Are you being deliberately stupid? |
|
|
| Rank | Posts | Team |
| Player Coach | 146 | No
Team
Selected |
| Joined | Service | Reputation |
| May 2006 | 19 years | |
| Online | Last Post | Last Page |
| Mar 2019 | Mar 2019 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote dandaman="dandaman"can anyone explain in hull language please???
'"
Hull City and the SMC, who run the ground, are owned by the same people |
|
|
|
| Rank | Posts | Team |
| International Board Member | 6734 | No
Team
Selected |
| Joined | Service | Reputation |
| Jan 2003 | 22 years | |
| Online | Last Post | Last Page |
| Jul 2021 | Jun 2021 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
|
given that hull fc pay a rent to the stadium company - and some of this money here will come from us fans - then if any dodgy transfers are taking place between the smc and hull city then is our money indirectly involved?
|
|
|
|
|
|
