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Quote: east hull FC fan "The profit from the last 2 years was re invested into the team - Joe Westerman.'"

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

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Quote: Raised Elbow "It's never been made public how much we paid for him.'"

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

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Quote: Standee "are you actually reading what people write, people who KNOW, people who actually run businesses?'"

This is geting out of hand.All i said was they are they are making more money at Hull then they were at Gateshead,then it got twisted.Maybe the quote lining their pockets was a bit unfair.Seems everyone are now taking their frustrations out on me. icon_lol.gif

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Quote: east hull FC fan "He cost us roughly 100-150k which covers pretty much the profit.'"

Could be right but the money should of gone somewhere else like getting a top class coach in.It would of definitely come in handy this moment in time.

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we can not be anywhere near the full salary cap, we continously get told we are full cap and that was before berrigan went and burnett was loaned out then tansey got sacked so theres at leaste 230-250k in wages. in return we sign phelps who can not be on anymore then 50k surley and obst again shoould be on no more then 50k, and to be honest i dont feel the club will make another signing this season and with salary cap space left that will be left to pay for westy around about the 100-150k

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[quote="The Dentist Wilf":ordztzb0]I for one wish him well... One thing is for sure despite what a lot on here said he was not sacked or under any sort of investigation...Good luck Mr Rule![/quote:ordztzb0]:



Quote: arliebird "we can not be anywhere near the full salary cap, we continously get told we are full cap and that was before berrigan went and burnett was loaned out then tansey got sacked so theres at leaste 230-250k in wages. in return we sign phelps who can not be on anymore then 50k surley and obst again shoould be on no more then 50k, and to be honest i dont feel the club will make another signing this season and with salary cap space left that will be left to pay for westy around about the 100-150k'"


Obst and Phelps will be on a fair bit more than that.

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Quote: Raised Elbow "This is geting out of hand.All i said was they are they are making more money at Hull then they were at Gateshead,then it got twisted.Maybe the quote lining their pockets was a bit unfair.Seems everyone are now taking their frustrations out on me.
apologies, wasn't intentional

they were making massive losses at Gateshead, but let's not forget we almost ceased to exist as a club, they came in and propped us up at the Boulevard and worked damn hard to get to the KC, they have invested (admittedly not wisely, but they have tried), whilst we make a profit on the accounts I do not believe the club is actually solvent in any kind of self-sufficient way, they are investors, they are entitled to a return, as yet the accounts have not afforded them a dividend (the only return they can get without drawing a salary, and I doubt any of them need £70k a year that much). We've invested in Tansey, Turner and Westerman, fair to say that cost at least £150k then we also paid to get Obst, so there is another £30k (at least), also look at the contracts we have terminated etc.

I do not like the way we are being run, but I think we are being run by James and Kath and not the shareholders (in fact, I know at least two sharehlders are a little fed up with things)

but you make a valid observation, we should not be fighting amongst ourselves at this time, we will be here long after the shareholder/board/coach and players have moved on.

and for those saying we should be at full cap, if there isn't something on the shelf then you can't buy it.

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Quote: garry brindley "Obst and Phelps will be on a fair bit more than that.'"


well no wonder our club is a shambles paying over the odds to average players like them no disrespect to obst and phelps

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Quote: east hull FC fan "The profit from the last 2 years was re invested into the team - Joe Westerman.'"


Err No!! - Berrigan's annual salary paid the transfer fee for Westerman,
this explains why he was not replaced.

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Quote: arliebird "we can not be anywhere near the full salary cap, we continously get told we are full cap and that was before berrigan went and burnett was loaned out then tansey got sacked so theres at leaste 230-250k in wages. in return we sign phelps who can not be on anymore then 50k surley and obst again shoould be on no more then 50k, and to be honest i dont feel the club will make another signing this season and with salary cap space left that will be left to pay for westy around about the 100-150k'"


And Dowes and Radford signed reduced deals!!

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Quote: Standee "apologies, wasn't intentional

they were making massive losses at Gateshead, but let's not forget we almost ceased to exist as a club, they came in and propped us up at the Boulevard and worked damn hard to get to the KC, they have invested (admittedly not wisely, but they have tried), whilst we make a profit on the accounts I do not believe the club is actually solvent in any kind of self-sufficient way, they are investors, they are entitled to a return, as yet the accounts have not afforded them a dividend (the only return they can get without drawing a salary, and I doubt any of them need £70k a year that much). We've invested in Tansey, Turner and Westerman, fair to say that cost at least £150k then we also paid to get Obst, so there is another £30k (at least), also look at the contracts we have terminated etc.

I do not like the way we are being run, but I think we are being run by James and Kath and not the shareholders (in fact, I know at least two sharehlders are a little fed up with things)

but you make a valid observation, we should not be fighting amongst ourselves at this time, we will be here long after the shareholder/board/coach and players have moved on.

and for those saying we should be at full cap, if there isn't something on the shelf then you can't buy it.'"

Agreed...Lets hope the BOD see sense and bring in someone who can take us where we all want to be and that is the top of the tree.

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The board are on a good wage

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Quote: kingston droolers "The board are on a good wage'"


you are confusing BOD to shareholders!

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Quote: Standee "you are confusing BOD to shareholders!'"

Yet again we have this, yes i know!!!!!

There are 2 on the board who are not shareholders, all of them are on a wage, shareholders or not

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Quote: kingston droolers "Yet again we have this, yes i know!!!!!

There are 2 on the board who are not shareholders, all of them are on a wage, shareholders or not'"


and you know the wages they are on?

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