FORUMS > Hull FC > Negotiations with SMC |
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| Quote: MrPhilb "Cap in hand to Mr Allam already? Nice one Lord Faulkner'"
Where did allam's £1m go? The tax man?
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| Quote: jimmyfivebellies "It is this year.'"
Good news for some!
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| Quote: Mild Rover "The initial ground rent of 100k has been increasing by 6% per annum - so for 2012 will stand at about £169k. That 6% figure, by current standards, looks high. It could be argued that 100k was low initially, especially with the first 7.5k in the crowd going 'untaxed' and it was in some ways the equivalent of 'patient capital' - that patience steadily running out. I'd try and get that adjusted downwards if I was AP. Perhaps by offering a one-off jump. If it goes on forever at 6% it looks potentially problematic.
The 7.5k, based on Boulevard attendances, looked generous in 2003/4, but no longer does. It is the SMC's strongest card though and I can't see them giving it up easily. However, AP might be able to get a change, to say 25% of receipts above 3k, that would give him better flexibility.'"
For Info Wigan RL paid Whelan £190k in total for the 2010 season (last available accounts) - think it works out about 10% of ticket sales. So going off those figures it looks like Hull FC are getting a pretty bad deal at the moment. I know our Chairman has stated in the past that we get a very good deal when the annual "lets find £30m out of thin air to build our own stadium brigade" start up.
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| Quote: Rupert Pupkin "I wonder if chav corner will be made unreserved once again, sounds like you would favour that move?'"
I thought Chavs were "so last year"?, maybe we should have ones for Teddy Boys and Beatniks.
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| Quote: barton baird "I thought Chavs were "so last year"?, maybe we should have ones for Teddy Boys and Beatniks.'" Nothing wrong with Teddy Boys matey We loved Rock an Roll
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| Quote: jimmyfivebellies "Where did allam's £1m go? The tax man?'"
Wherever you have decided it went apparently.
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| Quote: MrPhilb "Wherever you have decided it went apparently.'"
you mean you don't know, what a surprise, must be the "open and transparent relationship" Fudgell has with the fans.
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| Like I said on the other thread Martin, you can think what you want
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| Quote: MrPhilb "Like I said on the other thread Martin, you can think what you want'"
wow, you know my name, how very clever of you, you must be amongst a group of only THE ENTIRE READERSHIP OF RLFANS
you really are a muppet of the very highest order,scuttle off back to your own forum and discuss your world class signin....oh, hang on.
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| Quote: MrPhilb "Like I said on the other thread Martin, you can think what you want'"
Great comeback, no really.
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| muppets dont scuttle.........
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| Paying around £1/2m a year currently aren't we?
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| Quote: Jake the Peg "Paying around £1/2m a year currently aren't we?'"
It'll be roughly about that. Attendance of ~12k is about 60k over and above the 7.5k threshold, over 13 games. Say very roughly £15 quid a ticket, including concessions and season ticket 'discount', £7.50 of that to the SMC, by 60k is £450k + £170k ground rent. Yep, Half a mill, give or take.
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| Quote: Jake the Peg "Paying around £1/2m a year currently aren't we?'"
£629,909. From the SMC accounts for 2010
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| Quote: Mrs Barista "£629,909. From the SMC accounts for 2010'"
Feck me, that's a lot considering we don't make anything on non match days and get peanuts out of the catering
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