FORUMS > Hull FC > Building the Club- securing financial stability |
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13804.jpg "I hope we get to the bottom of the answer":13804.jpg |
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| Quote: Mrs Barista "Bit disappointing if the club "isn't actively seeking new investment."'"
I suspect what he means by that is that they aren't going round actively touting for investors. He's said he is open to investment from other parties, presumably if he is approached by the other party.
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79648_1693689514.jpeg :d7dc4b20b2c2dd7b76ac6eac29d5604e_79648.jpeg |
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| Quote: Hasbag "Crazy how many people get so wound up about something that makes absolutely 0 difference to anything. If Ecostrad are putting plenty of money into the club, which by all accounts they are, then they can design whatever mascot they please for all I care.'"
Exactly….its supposed to be a big deal so what does it matter what the mascot looks like.
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| The bare truth of the 12 current SL clubs is represented by 2 clear divisions. Firstly there are 8 clubs in one section and 4 in the other with Wakefield now coming up on the rails.
Wigan
Hull KR
St Helens
Catalan
Huddersfield
Leeds
Warrington
Leigh
All make progress with significant benefactors that are not reliant on central funding and simply have cash to burn.
Then you have
Salford
Hull FC
Castleford
London
All 4 are significantly close to the tipping point. Salford may survive but more likely they will follow the same pattern as the Canadians.
As for Hull FC. The re-naming of the club and entries made on companies house allows the significant debt which is personally guaranteed by Mr Pearson to be refinanced to allow a further period of grace until they need to be settled. Good business only time will tell. Castleford have a new investor but like HullFC will not be an attractive proposition to be involved with at this stage. London well who knows where they are heading. Spending 50% of the CAP to hold funds back to regroup can only mean one thing.
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Player Coach | 11612 | |
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16831.gif :16831.gif |
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| has Keith rebranded himself?
another Rovers troll on ignore
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Club Owner | 17278 | |
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| Interesting article with Tan Kasler (City vice chair) on Hull Live, says he is frustrated with progress with the council at the stadium sports village plans (and also with Yorkshire Water over expanding the training site in Cottingham)
We all know what happened last time the SMC owner got fed up with the council, but the current set seem more sensible and calm.
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International Star | 7785 | No Team Selected |
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| Quote: UllFC "Interesting article with Tan Kasler (City vice chair) on Hull Live, says he is frustrated with progress with the council at the stadium sports village plans (and also with Yorkshire Water over expanding the training site in Cottingham)
We all know what happened last time the SMC owner got fed up with the council, but the current set seem more sensible and calm.'"
Its fine having big plans but they all want something for nothing
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Club Owner | 3695 | |
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fonds blancs/Sid.gif I have lost interest:fonds blancs/Sid.gif |
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| Hull City board and owner are no different to Allams in their aims.
They want to mortgage the stadium if they could buy it and also develop Walton St with borrowed money.
Just like the Glaziers did at Man U
Here’s the thing - if it goes titts up , oh and it can quite easy , then the BANK owns the stadium and the training ground etc
Suddenly the money from the sale of the Kcomm shares in 2000 is ‘gone’ from Council ownership to the Bank and Hull FC will be charged millions to use the stadium by Administrators
Do not ever sell the stadium to Del Boy owners who only want to mortgage the shoite out of it because they never use their own money beyond a small deposit
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https://www.hulldailymail.co.uk/sport/f ... ty-9079545
Can't imagine the Allams saying this about Pearson
"It would be unfair to ask Adam (Pearson) to do that because he's also trying to make his team competitive," he said. "Although it would have been amazing if they can throw some money in there, I never expected that. He and I are very good friends, all I want is for his team to be competitive and for the rugby club and football club to be the best entertainment in this city. It's not about us expecting them to do something. If they're successful it helps us anyway, that kind of revenue we'll generate we'll use it on the pitch and the development."
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https://www.hulldailymail.co.uk/sport/f ... ty-9079545
Can't imagine the Allams saying this about Pearson
"It would be unfair to ask Adam (Pearson) to do that because he's also trying to make his team competitive," he said. "Although it would have been amazing if they can throw some money in there, I never expected that. He and I are very good friends, all I want is for his team to be competitive and for the rugby club and football club to be the best entertainment in this city. It's not about us expecting them to do something. If they're successful it helps us anyway, that kind of revenue we'll generate we'll use it on the pitch and the development."
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| Quote: mwindass "https
Good to hear about their friendship, sounds like things are pretty cordial then.
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| Quote: mwindass "https
Nice comments.
But already a lot of brain dead comments I. The Hull Live comments...people can't seem to understand that if you rent you don't pay for one off costs at the stadium. Maybe these people pay for new roofs on their council houses etc...
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| Quote: UllFC "Nice comments.
But already a lot of brain dead comments I. The Hull Live comments...people can't seem to understand that if you rent you don't pay for one off costs at the stadium. Maybe these people pay for new roofs on their council houses etc...'"
seen a few on twitter too moaning...as they say, "you cant teach stupid!"
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| Another interesting tidbit, on the article about City's accounts it says they paid £1.6m in rent at the stadium last season.
They also made a £21m loss but it's a case of speculate to accumulate for them after the Allams ran the club into the ground.
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International Board Member | 25774 | No Team Selected |
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| Quote: UllFC "Another interesting tidbit, on the article about City's accounts it says they paid £1.6m in rent at the stadium last season.
They also made a £21m loss but it's a case of speculate to accumulate for them after the Allams ran the club into the ground.'"
Losing 400k a week, wages are massive, think they really need ti go up this year or they will have to sell to survive.
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Rank | Posts | Team |
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| Quote: Dave K. "Losing 400k a week, wages are massive, think they really need ti go up this year or they will have to sell to survive.'"
They have heavily discounted tickets numerous times since taking over, free child tickets etc...how long can they keep it up?
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Club Owner | 17278 | |
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| Quote: number 6 "They have heavily discounted tickets numerous times since taking over, free child tickets etc...how long can they keep it up?'"
Needed to after thousands drifted away under the Allams but the key bit will be how many keep going at full price?
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