| FORUMS > Hull FC > Hull FC lose £300k |
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[i:10za56ci]Hold on to me baby, his bony hands will do you no harm
It said in the cards, we lost our souls to the Nameless One[/i:10za56ci]:d7dc4b20b2c2dd7b76ac6eac29d5604e_6505.jpg |
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| Quote: east hull FC fan "This is where a lot of your lot are getting mistaken, we have been a profitable business. What Pearson is getting at is that these profits were made on an unrealistic cost base. He wants us to be a profitable business while spending appropriately, that will take time.'"
Give it up, mate. The number of Rovers fans bright enough to understand this simple fact can be counted on the fingers of one hand. |
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| Quote: Jake the Peg "I'm sure mrs b can bring up one of our many debates on where the cash was going'"
James Rule has let me down so badly, it's almost as if none of the stuff he said on Airlie Night was true. Dreams in tatters 
I feel I should have had a cut of what Kath took out of the club. I've been almost full time on here defending her and Rule over the last 6 years, without pay, and not even a loyalty bonus. Shafted. |
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| Club Owner | 17253 | |
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| Quote: MrPhilb "Only at hull FC could losing 300 grand with more to come be a good thing. You've all spent ages telling us what a magnificent profitable organisation you are.
Seems it was all built on sand foundations ![]()
We made a loss one year in 6 years...in that year our crowds dipped (on the back of dreary rugby the previous 2/3 seasons) we paid a transfer fee for Obst, Commercial income continued to fall (on the back of dreary rugby and the economic downturn) and the fans were so miserable and fed up that I doubt we sold any merchandise in the last few months of the season. I would also imagine that some of the coaches we have got rid of will have been paid redundancy money during this financial period.
Don't get me wrong, I am very happy to get rid of the old board and make a fresh start. But it doesn't mean we weren't a viable, profitable business before 2011.
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HULL KINGSTON ROVERS is my religion, Craven Park is my church and Jordan Abdull is my God: |
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| Quote: MrPhilb "I told you the Gleeson story was the tip of the iceberg when it came to bad news. I knew you'd like this one though ![]()
this old chestnut, you OWE Allam £1m (at least)
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HULL KINGSTON ROVERS is my religion, Craven Park is my church and Jordan Abdull is my God: |
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| Quote: UllFC "We made a loss one year in 6 years...in that year our crowds dipped (on the back of dreary rugby the previous 2/3 seasons) we paid a transfer fee for Obst, Commercial income continued to fall (on the back of dreary rugby and the economic downturn) and the fans were so miserable and fed up that I doubt we sold any merchandise in the last few months of the season. I would also imagine that some of the coaches we have got rid of will have been paid redundancy money during this financial period.
Don't get me wrong, I am very happy to get rid of the old board and make a fresh start. But it doesn't mean we weren't a viable, profitable business before 2011.'"
Well Pearson has already stated you posted profits but only because the club was not investing in the area it needed. Added to the fact you've are faced with a huge historic tax bill which has been negotiated down to one third of what it could have been worse case scenario.
I guess you did all state for years you where in a false position. We thought you meant league position though not financial  |
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| Quote: gingerspice "icon_biggrin.gif ![]()
If you give it out, ginge, you have to take it.
The even worse story here is what would have happened had Pearson not been a willing buyer. Might be worth its own thread.
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"They supercede individuals, they supercede the team and they supercede the club. Our club is a traditional, working class club and the supporters are loyal and passionate and to see them go away happy really makes my day." Craig Sandercock.:7063.jpg |
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| I had a little chuckle when I read the Hull Daily Mail this Morning. As a Rovers fan I felt after the stick we've being given in recent years I was certainly entitled to do so. However!! us Rovers fans are certainly not in a position to gloat. We've managed to get our losses down to around 200k but thats still 200k we have to find every season whilst the Bank manager & Shareholders start to want a return in the money they are owed and have invested. The longer we have debt and money owed the more of a problem it then becomes.
From Where Hull stand they are in a decent position. They have somebody financially astute in charge in Adam Pearson and a good season this year will put the brakes on any further losses which could create an upward trend.
Quote: hullbg "
EBT bill of unknown proportions but you have had plenty of overseas players so should be substantial to say the least.'"
This I don't agree with. When the EBT loophole was stopped we'd being in super league for only a few years. We'll have liabilities with the HMRC I'm sure but substantial wouldn't be a word I'd use.
I'd probably say they'd be about 1/10th of Hulls liabilities which for us is still a massive sum |
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| Quote: Mrs Barista "If you give it out, ginge, you have to take it. ![]()
God yeah never thought of that phew 
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HEY YOU GUYS!!!!!!!!:d7dc4b20b2c2dd7b76ac6eac29d5604e_35457.png |
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| Quote: Big Brother "In adam we OWE'"
Sorry couldnt resist. |
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HULL KINGSTON ROVERS is my religion, Craven Park is my church and Jordan Abdull is my God: |
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| Quote: Standee "this old chestnut, you OWE Allam £1m (at least)'"
You'll have to excuse me for ignoring you. I know you think you get both clubs internal memos sent to your inbox but Wolfie knows more than you. |
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The older I get, the better I was
Advice is what we seek when we already know the answer - but wish we didn't
I'd rather have a full bottle in front of me than a full-frontal lobotomy
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| Quote: MrPhilb "You'll have to excuse me for ignoring you. I know you think you get both clubs internal memos sent to your inbox but Wolfie knows more than you.'"
Are you claiming that you've repaid Allam? |
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[url=http://www.bbc.co.uk/sport/0/rugby-league/14252202:io879g1y]2005 Challenge Cup[/url:io879g1y]
To reconcile respect with practicality, what is the optimum speed for a hearse?:d7dc4b20b2c2dd7b76ac6eac29d5604e_7384.png |
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| Quote: Kosh "Give it up, mate. The number of Rovers fans bright enough to understand this simple fact can be counted on the fingers of one hand.'"
6? |
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[url:2qyny6du]https://twitter.com/Mr_Hutchie[/url:2qyny6du]
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