FORUMS > Hull FC > Ownership of our club |
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| Quote: jimmyfivebellies "kath once claimed they didnt!!!'" In terms of a salary, I don't think she does.
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Club Owner | 53839 | No Team Selected |
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Oct 2003 | 21 years | |
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| I like the way the club is being run right now and whilst the idea of a rich owner is nice I am always weary of things going wrong.
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International Board Member | 43413 | |
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Jan 2003 | 22 years | |
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| Quote: PAUL M "I like the way the club is being run right now and whilst the idea of a rich owner is nice I am always weary of things going wrong.'"
Maybe the Glaziers may have an interest
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Club Owner | 992 | No Team Selected |
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Jun 2003 | 21 years | |
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| Quote: Locko's Luck "They're planning on player 'stop-overs' on a weekend, any choices Mrs B?
Spin.
Who needs all that crap.
We just need a successful team that plays entertaining rugby.
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Player Coach | 5907 | |
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Aug 2005 | 19 years | |
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| Quote: Mrs Barista "What does that mean, in practical terms?'"
As much as we all hate them, ask Hull KR. They seem to manage it.
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Moderator | 12647 | |
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Jun 2007 | 17 years | |
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| Quote: east hull FC fan "In terms of a salary, I don't think she does.'"
If the profits reported in recent years are the only financial return on the investment then I'd be surprised at them turning down £3m, as has been rumoured.
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Aug 2005 | 19 years | |
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| Quote: Darrell "Spin.
Who needs all that crap.
We just need a successful team that plays entertaining rugby.'"
Exactly.
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Player Coach | 29797 | No Team Selected |
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Jul 2005 | 19 years | |
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| Quote: Sebasteeno "Exactly.
But you just said the club needs to get closer to its fans. In the face of evidence that this is something the club actually does reasonably well in the context of SL, you're now saying it doesn't matter. Which is it?
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Player Coach | 14158 | No Team Selected |
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Jul 2008 | 16 years | |
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| Quote: Mrs Barista "But you just said the club needs to get closer to its fans. In the face of evidence that this is something the club actually does reasonably well in the context of SL, you're now saying it doesn't matter. Which is it?'"
To be honest, he meets himself coming back half the time.
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Player Coach | 5016 | No Team Selected |
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May 2006 | 19 years | |
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Apr 2014 | Apr 2013 | LINK |
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| Quote: Darrell "Spin.
Who needs all that crap.
We just need a successful team that plays entertaining rugby.'"
I will not disagree with anyone in regards of the latter statement; In fact, I pray for it every season.
My post was in reply to Sebasteenos' post claiming the club would be 'closer to the fans' by the Allams taking over.
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Player Coach | 29797 | No Team Selected |
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Jul 2005 | 19 years | |
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| Quote: Mild Rover "If the profits reported in recent years are the only financial return on the investment then I'd be surprised at them turning down £3m, as has been rumoured.'"
Not really. They don't take any dividends, that much we know. Apparently their loans have been repaid, so they don't get any interest. The fact that FC make any profit at all, in the context of the other financial "performances" in SL, the fact we spend the cap, there or thereabouts, we pay transfer fees, run a reasonable sized academy and pay a commercial rent for a fancy stadium, would suggest the board don't dial in for a monthly FC conference call from their yachts in the Caribbean, all paid for by us. It's possible, but unlikely, IMO. The alternative scenario is that they actually enjoy being on the board of a SL club and have its best interests at heart, and their valuation takes that into account. Ridiculous I know, but it is a possibility.
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International Star | 1201 | No Team Selected |
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Sep 2010 | 14 years | |
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| I'd be for a change,
Looks like the Allams at some point will have a share issue at City to let fans own a share of the club...
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Player Coach | 8157 | |
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Apr 2007 | 18 years | |
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| Would not want this to happen, the board have turned the club around financially when a lot of other clubs are going to the wall. They are doing a good job all round apart from the playing side. Now if i had concrete proof the board were to blame for our onfield situation then i would have a different view.
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Player Coach | 2394 | No Team Selected |
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Mar 2007 | 18 years | |
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May 2021 | Sep 2016 | LINK |
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| Quote: Sebasteeno "As much as we all hate them, ask Hull KR. They seem to manage it.'"
yes but with their debts how long do think they will manage it for?.
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Moderator | 12647 | |
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Jun 2007 | 17 years | |
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Nov 2024 | Nov 2024 | LINK |
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| Quote: Mrs Barista "Not really. They don't take any dividends, that much we know. Apparently their loans have been repaid, so they don't get any interest. The fact that FC make any profit at all, in the context of the other financial "performances" in SL, the fact we spend the cap, there or thereabouts, we pay transfer fees, run a reasonable sized academy and pay a commercial rent for a fancy stadium, would suggest the board don't dial in for a monthly FC conference call from their yachts in the Caribbean, all paid for by us. It's possible, but unlikely, IMO. The alternative scenario is that they actually enjoy being on the board of a SL club and have its best interests at heart, and their valuation takes that into account. Ridiculous I know, but it is a possibility.
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