FORUMS > Hull FC > Hull FC 2021 Accounts |
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International Star | 5318 | |
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Aug 2011 | 13 years | |
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Is Hodgson the new Griffin, or is it all about pace?: |
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| Quote: The rates used to be circa £20,000-30,000 a year for Hull FC but because of Premier League football coming to the MKM, the rates shot up to £1.6m of which we have to now pay a £250,000 share of in 2022/23, ""The rates used to be circa £20,000-30,000 a year for Hull FC but because of Premier League football coming to the MKM, the rates shot up to £1.6m of which we have to now pay a £250,000 share of in 2022/23," explains the FC owner."'"
Loads about this on the interweb (income is a significant factor), here's a good one.....
Quote: The rates used to be circa £20,000-30,000 a year for Hull FC but because of Premier League football coming to the MKM, the rates shot up to £1.6m of which we have to now pay a £250,000 share of in 2022/23, "“The worst thing a club can do is get promoted just before the date used for the revaluation and then crash out again soon after. There’s no adjustment allowed mid list and you’ll be stuck with your inflated rateable value for the next five years."'"
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Player Coach | 1336 | No Team Selected |
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Jan 2006 | 19 years | |
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20187.jpg I couldn't hear the robin sing if not for you.:20187.jpg |
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| Hi Mrs Barista there's nothing I can say to match the gloom you have posted earlier in this thread and even less to match the gloom made public by Adam ('We can only look at Hull KR with envy') Pearson.
I'll not say anything you don't agree with. Hull have recently spent massive money on average or past it or injury prone players like Luke Gale, Josh Reynolds and Kane Evans so there's your problem.
It's quite simple, Hull keep chasing the dream by spending money they don't have.
The deal for Rovers to purchase Craven Park has been a prolonged process over several years under the astute leadership of Neil Hudgell. Rovers have kept within their budget, avoided losses and kept their eye on the bigger picture. We've had to accept a few years of bottom half rugby and even relegation but it's now paid off with the future of the club rock solid.
Don't be surprised if Rovers make a cash offer for Jake Connor. He's probably the only thing you have that anyone would pay money for.
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Club Owner | 14306 | |
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Sep 2003 | 21 years | |
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7063.jpg "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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| Regards the Financial situation Hull are in, Simply put it's terrible. Rugby League in this country needs two successful Hull sides. Rovers have certainly experienced the financial hardship yourselves haven't, It's certainly an awful feeling not knowing whether the club will be around on a week to week basis. What I'll add is that we are stronger for it now. Hull will be okay you're too big a club not to be. You may have to suffer some short term pain but in the long term you'll get through this.
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Player Coach | 3787 | No Team Selected |
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Aug 2006 | 18 years | |
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icons42da_files/5524-1400vdias-msnicons.jpg I like toast as much as anyone , but not for breakfast , dinner and tea.:icons42da_files/5524-1400vdias-msnicons.jpg |
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| Probably time for Hull FC to cash in on their better players and sell a few on , will also help reduce the wage bill.
Some of the older ones need to go too, Houghton and Taylor spring to mind.
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International Board Member | 25774 | No Team Selected |
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Mar 2003 | 22 years | |
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| Quote: Captain Dave "Probably time for Hull FC to cash in on their better players and sell a few on , will also help reduce the wage bill.
Some of the older ones need to go too, Houghton and Taylor spring to mind.'"
If we are in as much trouble as some Rovers fans want to believe, then I'm sure it will happen, fully expect Connor and Satae to be sold.
Wonder if this will happen?
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Moderator | 8178 | |
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Jan 2004 | 21 years | |
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8082_1359018606.jpg I really enjoy long walks especially when they are taken by people I don't like!:d7dc4b20b2c2dd7b76ac6eac29d5604e_8082.jpg |
Moderator
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| Quote: Dave K. "Quote: Dave K. "Probably time for Hull FC to cash in on their better players and sell a few on , will also help reduce the wage bill.
Some of the older ones need to go too, Houghton and Taylor spring to mind.'"
If we are in as much trouble as some Rovers fans want to believe, then I'm sure it will happen, fully expect Connor and Satae to be sold.
Wonder if this will happen?'"
Not sure that will happen to be honest.
Its all well and good owning a ground but ATEOTD there's a big level of funding needed for the upkeep of a stadium. I would assume its mortgaged as opposed to being bought our right so these payments will still have to be covered along with up keep and running costs.
Its not an issue we are alone in either as Gary Hethrington stated himself that the Rhinos face losses much the same if not a little more as all SL clubs will due to the nature/cause of the losses. None of them are immune so every club should indeed be worried about the situation. It may only be Hetherington and Pearson so far that have both come out and said as much but the reality is that every club is in for a rough time financially. So all the Rovers fans wetting their knickers over it need to take a reality check as I think most sensible ones will realise that costs still have to be covered whether a ground is owned or not.
I'm sure the situation re the SMC and Stadium will be resolved and things will improve now the Allams are no longer involved
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International Board Member | 25774 | No Team Selected |
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Mar 2003 | 22 years | |
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| Quote: Chris71 "Not sure that will happen to be honest.
Its all well and good owning a ground but ATEOTD there's a big level of funding needed for the upkeep of a stadium. I would assume its mortgaged as opposed to being bought our right so these payments will still have to be covered along with up keep and running costs.
Its not an issue we are alone in either as Gary Hethrington stated himself that the Rhinos face losses much the same if not a little more as all SL clubs will due to the nature/cause of the losses. None of them are immune so every club should indeed be worried about the situation. It may only be Hetherington and Pearson so far that have both come out and said as much but the reality is that every club is in for a rough time financially. So all the Rovers fans wetting their knickers over it need to take a reality check as I think most sensible ones will realise that costs still have to be covered whether a ground is owned or not.
I'm sure the situation re the SMC and Stadium will be resolved and things will improve now the Allams are no longer involved'"
I wasn't serious, we won't sell anyone top players.
2 years of no crowds has caused this, we will start to turn this around, but need a better SMC and better performances on the field, we we so far are starting to do.
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International Board Member | 25774 | No Team Selected |
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Mar 2003 | 22 years | |
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| One thing the SMC, need to learn from Rovers is using the stadium for events, when was the last time it held a big event.
It offers a good size stadium with excellent transport links.
If they held a few events, they could make money and that could reduce the costs to both clubs.
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International Star | 3065 | No Team Selected |
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Jan 2012 | 13 years | |
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| Quote: Dave K. "I'd guess so, if not would be renewing contracts and investing in the academy set up.
Perform on the field and we will be fine.
A bad season and sone major maintenance, Rovers could be in trouble. I don't think any SL team are fully secure.
Wasn't long NH was desperate to leave.'"
To be honest Dave I doubt any SL team are that financially secure too, that's why they all have chairmen that are fans, because they'll keep covering the debts because of there love for there clubs.
Reduced Sky money and falling crowds could see a few other teams in bother I reckon.
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International Board Member | 25774 | No Team Selected |
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Mar 2003 | 22 years | |
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| Quote: bishops finger "To be honest Dave I doubt any SL team are that financially secure too, that's why they all have chairmen that are fans, because they'll keep covering the debts because of there love for there clubs.
Reduced Sky money and falling crowds could see a few other teams in bother I reckon.'"
Totally agree, unlike football, rugby clubs need crowds, we haven't had hardly any for the last two years.
Crowds seem pretty positive at the moment, channel 4 games wi help.
We need to start to perform consistently, if we go we will be ok.
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Fringe Player | 730 | No Team Selected |
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Apr 2022 | 3 years | |
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| Quote: Chris71 "Indeed and they all seem to think they are immune from the same losses that all SL clubs are and have been facing due to the affect of the pandemic, the lockdown, games played without crowds and reduction in the SKY money. They will still have payments to make to cover the financial cost of buying the ground, costs for upkeep/maintenance, increase in energy costs and owning a ground before didn't stop them or others going bust before.'"
That might explain why the purchase of the stadium has been kept pretty low key.
Would have expected some big announcement but if I hadn’t noticed it on the Hull Live website (when it wasn’t even the big headline) I don’t think I would know about it?
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Apr 2022 | 3 years | |
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| Quote: Dave K. "One thing the SMC, need to learn from Rovers is using the stadium for events, when was the last time it held a big event.
It offers a good size stadium with excellent transport links.
If they held a few events, they could make money and that could reduce the costs to both clubs.'"
This is what I struggle to understand.
If they didn’t own the stadium until now how have they been able to use it for events such as boxing and concerts?
Also how was they able to kick out the speedway all those years ago?
Examples of more favours HCC have done them?
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International Star | 3065 | No Team Selected |
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Jan 2012 | 13 years | |
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| Quote: davey41 "This is what I struggle to understand.
If they didn’t own the stadium until now how have they been able to use it for events such as boxing and concerts?
Also how was they able to kick out the speedway all those years ago?
Examples of more favours HCC have done them?'"
I'm pretty sure we owned the leash hold which meant although we didn't own the ground at the time we still kept the profits from the boxing and concerts, and presumably why we could kick the speedway out too.
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71261_1683968120.jpeg :d7dc4b20b2c2dd7b76ac6eac29d5604e_71261.jpeg |
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| Quote: davey41 "This is what I struggle to understand.
If they didn’t own the stadium until now how have they been able to use it for events such as boxing and concerts?
Also how was they able to kick out the speedway all those years ago?
Examples of more favours HCC have done them?'"
You don’t understand that as we previously leased the ground we could hold events?
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Player Coach | 7396 | No Team Selected |
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Dec 2005 | 19 years | |
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19461_1425327910.gif 2016 The Year of the Airlie Bird -on sale NOW, price £15, BUY THE BOOK RE-LIVE THE DREAM!:d7dc4b20b2c2dd7b76ac6eac29d5604e_19461.gif |
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| And people question why few frequent this Board these days!!
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