Like any business you don't go into it to make a loss.Hull have made a profit for the last 5 years which tells me after the initial investment they put in,they are now making a tidy sum.

Not really, it was probably more that the wrong question was asked. There's (apparently) no long term liabilities in terms of loans. But as Mrs. B has pointed out, there will be plenty of current liabilities.
Of course we (as in the business) owe Kath etc, its called capital, the problem with kath, it seems, is goodwill. Kath obviously values the goodwill in the company a lot higher than potential buyers do.

So it's just an unfounded assumption then?

Thought so.

How the hell do i know?.All i know is that they have been making a steady profit and that not much reinvesting is going back into the club like getting in a world class coach,so the money must be going somewhere.

It is, it's PAYING OFF THE LOANS FROM DIRECTORS

The profit from the last 2 years was re invested into the team - Joe Westerman.

The club still has significant negative reserves so the owners cannot take a dividend. You are therefore suggesting they must all be on hefty salaries.

Take a look at how much profit we make. It's peanuts compared to most companies. And plenty of investment has taken place, just not in the one area where it would make a real difference on the pitch.

There is no evidence whatsoever that our BOD are making a fortune out of the club.

Maybe they give it all to bloody red nose day then.

are you actually reading what people write, people who KNOW, people who actually run businesses?

It's never been made public how much we paid for him.

He cost us roughly 100-150k which covers pretty much the profit.