FORUMS > Hull FC > SL 2021 predictions |
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| Quote: Mrs Barista ""He's taken millions in shares“?'"
I questioned that quote as well!
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| Quote: Wilde 3 "Quote: Wilde 3 ""He's taken millions in shares“?'"
I questioned that quote as well!
Indeed
AP has pumped millions in to the club not only in terms of the cost to purchase the club but then had to sort out a huge payment that the previous owners had left unpaid and kept quiet about which needed paying, not to mention the huge sums he has since put into the club in terms of the whole structure of the club, youth development, training facilities and the players etc.
So if AP has taken anything from the club in shares I would say he is entitled as the owner as it would appear whatever he may have taken out the club the majority has been reinvested in to the club.
I know AP has made mistakes since owning the club many of which he has held his hand up too and whilst he may not be perfect he is undoubtedly as close as you will get.
Without AP, as a club we would be in a much worse position than we have ever been, and in all honesty I doubt very much that the previous owners would have steered the club through these difficult times at all.
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| Quote: Mrs Barista ""He's taken millions in shares“?'"
I looked at the accounts fleetingly, 852,000 shares in one year alone, plus more in another year, valued at £852,000, I put a question mark on the end of it. No profit/loss report for several years, why is that?
Can you confirm how much Pearson takes out of the club each year and how much he stands to make on his investments such as the training ground if he sold it separately to the club?
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Jul 2005 | 19 years | |
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| Quote: 48756c6c20 524c4643 "I looked at the accounts fleetingly, 852,000 shares in one year alone, plus more in another year, valued at £852,000, I put a question mark on the end of it.'"
Are you talking about the share capital that's been the same in the balance sheet since before AP bought the club? I literally don't understand what you mean - which numbers are you referencing and in which year?
Quote: 48756c6c20 524c4643 "No profit/loss report for several years, why is that?'" Because we don't meet the financial size (turnover, assets, employees) that require us to publicly file a P&L. Unlike Leeds, Warrington, Saints, Wigan.
Quote: 48756c6c20 524c4643 "Can you confirm how much Pearson takes out of the club each year and how much he stands to make on his investments such as the training ground if he sold it separately to the club?'"
No, because the first item is not a required disclosure and the second would be conjecture based on a made up valuation and an unknown book value.
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| Quote: Mrs Barista ""He's taken millions in shares“?'"
Massive laughter.
Has there ever been anyone in the history of the world that's worse at mathematics?
Edit;
For clarity,not Mrs. Barista.
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| Quote: Sandro II Terrorista "Massive laughter.
Has there ever been anyone in the history of the world that's worse at mathematics?
Edit;
For clarity,not Mrs. Barista.'"
I rarely get to use the Pythagorean Theorem these days but if I was to do a quick critical calculation analysis based on -:
a) the signatories of his last 'coach-sacking petition',
b) the amount of people he informs us have died officially of Covid-19,
c) Rovers fans who turned out for their last Wembley homecoming losing parade...........
........well, I reckon you could have a right good night out in the backroom of 'The Nutshell' in Bury St Edmunds.
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| bumpy just gets worse, 'taken millions' even at his wildest allegations 825,000 shares in a loss making endeavour, we are not a cash making club, and AP owns it, if he shuts up shop we will be beggered!
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| The long named poster, who has been identified as “Knockers bump” doesn’t live up to expectations.
Whilst Bumpy was outrageously controversial at times, he could also be accurate, cutting, and even eloquent. This poster just doesn’t cut the mustard, in my opinion he’s a poor imitation.
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| .... imagine how embarrassing it would be if he was a hull supporter.
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| Quote: ccs ".... imagine how embarrassing it would be if he was a hull supporter.'"
And there lies the rub
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| Quote: Mrs Barista "Are you talking about the share capital that's been the same in the balance sheet since before AP bought the club? I literally don't understand what you mean - which numbers are you referencing and in which year?
Because we don't meet the financial size (turnover, assets, employees) that require us to publicly file a P&L. Unlike Leeds, Warrington, Saints, Wigan.
No, because the first item is not a required disclosure and the second would be conjecture based on a made up valuation and an unknown book value.'"
Nope, this is a screen grab from the 2016 season accounts, as I said I looked at it fleetingly, it was 820,000 not the 852,000 I mentioned.
I asked the question, how much has Pearson taken out of the club in monetary terms?
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| Quote: 48756c6c20 524c4643 "Nope, this is a screen grab from the 2016 season accounts, as I said I looked at it fleetingly, it was 820,000 not the 852,000 I mentioned.
I asked the question, how much has Pearson taken out of the club in monetary terms?
'"
Take a screen grab of the 2010 accounts before AP bought the club please. Do you even know what share capital is?
You can ask what you like and I'll repeat that unlike Wigan, Warrington, Leeds and Saints we are not big enough financially to be required to file a P&L and associated notes including directors' emoluments. What we do know though is that dividend payments won't have been made because there are insufficient profit reserves.
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| Quote: bishops finger "No depth at all? we've got decent cover in all positions except maybe prop this season.
Hull have probably got the smallest squad in SL, a Hull live article had you down as having a squad of 26 and that included three young lads so I wouldn't suggest you had great depth in your squad either.
You have hit the nail on the head though regarding injuries but that applies to virtually every team.'"
I think most clubs are running a small squad, Wigan have really cut their squad back and Warrington also dont have great depth outside the 17, these clubs and Hull are going rely on youth players and this is the way to go.
Rovers may have depth, but certainly not quality cover, lots of championship standard players as cover, I'd rather go with youth players personally. Not sure your your halfbacks either, no experience or quality in the starting halfs, never mind cover.
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| Quote: Dave K. "I think most clubs are running a small squad, Wigan have really cut their squad back and Warrington also dont have great depth outside the 17, these clubs and Hull are going rely on youth players and this is the way to go.
Rovers may have depth, but certainly not quality cover, lots of championship standard players as cover, I'd rather go with youth players personally. Not sure your your halfbacks either, no experience or quality in the starting halfs, never mind cover.'"
Gotta agree with you about our halves, young and inexperienced yes, we need Abdul to stay fit and young Mikey Lewis looks like he's got a great future ahead of him. (Time will tell)
The championship standard players as cover is also true but there still young enough to improve and adapt to SL hopefully.
I agree with you about squad sizes, the top sides squads seem to be around 22 first teasers then it's kids, you only need a few injuries though and your having to throw them in.
I'm hopeful at Rovers well see improvement but need our key players to stay fit. Probably 8th at best. Hull I reckon 5th at best. (I'm usually wrong though)
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