FORUMS > Hull FC > Our Accounts |
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| its good news, but a cynic would question how much was saved by Crocker not arriving, and how much was saved by not hiring a competent head coach.
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Player Coach | 29797 | No Team Selected |
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Jul 2005 | 19 years | |
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| Quote: UllFC "its good news, but a cynic would question how much was saved by Crocker not arriving, and how much was saved by not hiring a competent head coach.'"
But partially offsetting that saving we paid a transfer fee of £30k for Tansey plus his wages for part of the season plus Cordoba. I agree about Agar but we still had the wrong coaching structure IMO last season with him, Jon Sharp and Lee Crooks. Could get better value for money from their combined salaries.
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International Board Member | 37503 | |
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Apr 2003 | 22 years | |
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| Quote: Mrs Barista "But partially offsetting that saving we paid a transfer fee of £30k for Tansey plus his wages for part of the season plus Cordoba. I agree about Agar but we still had the wrong coaching structure IMO last season with him, Jon Sharp and Lee Crooks. Could get better value for money from their combined salaries.'"
Qn, these must be the 08/09 accounts, so the Tansey payment etc wont be in them as it happened after April/May, surely that (and the payment of contracts for released players) will be in the next set of accounts?
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Player Coach | 29797 | No Team Selected |
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Jul 2005 | 19 years | |
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| Quote: Standee "Qn, these must be the 08/09 accounts, so the Tansey payment etc wont be in them as it happened after April/May, surely that (and the payment of contracts for released players) will be in the next set of accounts?'"
No the accounting year end is 30th October.
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Club Owner | 29160 | No Team Selected |
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Mar 2004 | 21 years | |
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Dec 2012 | Jul 2011 | LINK |
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| Quote: UllFC "its good news, but a cynic would question how much was saved by Crocker not arriving, and how much was saved by not hiring a competent head coach.'"
I'm sure that may have contributed but not as much as some would think. We've used the cash in other ways i believe to any profit we announce will still be true profit comparable to the previous 5 years we've named one.
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Club Owner | 3695 | |
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Feb 2004 | 21 years | |
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www.sporthull.co.uk/headlines/HU ... ticle.html
LOL LOL read some of the posts by Hull fans , makes this board look a bit dour to be fair. I love winding those Rovers up and I bet Hudge the Fudge was doing a Keegan last week
" I'd just love it , love it , IF those Fc lot posted a loss , love it"
TBH I am delighted about the a/cs and the sooner we get those directors loans paid off the better. Then maybe we could invest in a World Class coach
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www.sporthull.co.uk/headlines/HU ... ticle.html
LOL LOL read some of the posts by Hull fans , makes this board look a bit dour to be fair. I love winding those Rovers up and I bet Hudge the Fudge was doing a Keegan last week
" I'd just love it , love it , IF those Fc lot posted a loss , love it"
TBH I am delighted about the a/cs and the sooner we get those directors loans paid off the better. Then maybe we could invest in a World Class coach
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Moderator | 36786 | |
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Jul 2003 | 21 years | |
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| Quote: Basil Fawlty "Hull FC have the best Admin in Super League - well done- pity then that they listened to Hudge and felt the need to prove him wrong with his 'state of the game' statement but chose to ignore their accountants who asked them not to include players on the books as assets.
Plenty more in the tank of this me thinks!
Not so much black and white as grey
Your post strongly indicates otherwise.
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Player Coach | 3231 | No Team Selected |
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Aug 2005 | 19 years | |
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| Quote: Basil Fawlty "Hull FC have the best Admin in Super League - well done- pity then that they listened to Hudge and felt the need to prove him wrong with his 'state of the game' statement but chose to ignore their accountants who asked them not to include players on the books as assets.
Plenty more in the tank of this me thinks!
Not so much black and white as grey
You really don't understand the difference between a Profit & Loss Account and a Balance Sheet do you?
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International Chairman | 12768 | No Team Selected |
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Dec 2001 | 23 years | |
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| Anyone notice what is missing from this thread ?
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Club Owner | 5852 | |
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Jan 2004 | 21 years | |
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| Your making a profit but your debt was 1.8 million
So you might only owe 1.5million now
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Player Coach | 29797 | No Team Selected |
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| Quote: Rommel "Your making a profit but your debt was 1.8 million
Wrong as usual on both counts as we have reduced our debt from £2.4m in 2004 to £1.4m in 2008 and this latest result should help.
Saints debt is £6.5m and you have accumulated losses of £5.2m. Good job you own your own ground, which is valued at £8.1m. Also interesting that the notes to the accounts discuss confirmation of directors' continuing support and that's the reason the accounts have been prepared on a going concern basis.
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Player Coach | 2112 | No Team Selected |
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Jun 2006 | 18 years | |
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| All well and good for your off-field operations, pats on the back etc.
2 points, however:-
1. Would you have traded a slight loss for better on the field results?
2. Could you cope with another mediocre season, possibility of fans drifting away etc., as long as it meant making another yearly profit?
Of course, there is a possibility that recruitment for next year might improve results on a short term basis, but if that turns out not to be the case, do the fans feel the structures are in place to ensure the club remains in such a healthy state financially? Or is that too difficult a question in these times?
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Club Owner | 16136 | |
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Feb 2004 | 21 years | |
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| Quote: Sexual Deviant "All well and good for your off-field operations, pats on the back etc.
2 points, however
Point 1 is irrelevant as whats happened as happened.
Point 2 I'd rather do both, and I suspect if we do well (Cup Run, Playoffs etc) I dont see any reason why another year of profit shouldnt be recorded.
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International Board Member | 37503 | |
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Apr 2003 | 22 years | |
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| Quote: Sexual Deviant "All well and good for your off-field operations, pats on the back etc.
2 points, however
The irony, can City cope with another season of being poor on and off the field?
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Club Coach | 1599 | No Team Selected |
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Oct 2004 | 20 years | |
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Aug 2014 | Jun 2014 | LINK |
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