FORUMS > Hull KR > Intersting read |
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65991_1381613168.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_65991.jpg |
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| Quote: Tarquin Fuego "WHY would anybody buy a club that owes it owners about £2.5 million ( to be repaid obv) and loses £450,000pa ? If lifelong fans and businessmen like Crossland can't rescue it then WHO can ?'"
Adam Pearson did
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33809_1522680904.png 'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.:d7dc4b20b2c2dd7b76ac6eac29d5604e_33809.png |
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| Quote: Tarquin Fuego "
No prospect of profits - I agree
Chances of silverware - NIL by mouth'"
It'd take a fair bit of spending, but why not? Rhetorical question.
We actually have a decent foundation to build from in relative terms.
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| If Rovers are in the mire then there will be a lot more clubs in a bad way,If the 10K crowds that Hudgel said we need to break even for us is corect & a fair few other clubs will be gone as well then who will the big boys play? We need the derby match & I expect that our freinds accross the city use the extra funds it brings to pay a few staff. I would be very interested to find out how Leeds always make a profit (now they dont get money from the cricket) as it would be the model for our clubs.
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3614_1281651917.jpg [url:2qyny6du]https://twitter.com/Mr_Hutchie[/url:2qyny6du]
[b:2qyny6du]@Mr_Hutchie[/b:2qyny6du]
[url:2qyny6du]http://www.pitchero.com/clubs/hullwykearlfc/[/url:2qyny6du]:d7dc4b20b2c2dd7b76ac6eac29d5604e_3614.jpg |
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| More interesting reading in Hudgells programme notes too .
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33809_1522680904.png 'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.:d7dc4b20b2c2dd7b76ac6eac29d5604e_33809.png |
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| Quote: Beverley red "If Rovers are in the mire then there will be a lot more clubs in a bad way,If the 10K crowds that Hudgel said we need to break even for us is corect & a fair few other clubs will be gone as well then who will the big boys play? We need the derby match & I expect that our freinds accross the city use the extra funds it brings to pay a few staff. I would be very interested to find out how Leeds always make a profit (now they dont get money from the cricket) as it would be the model for our clubs.'"
Even though their crowds are down a bit, like most others, they still often get over 15k to games. Plus they possibly own their stadium, iirc (which I might not). Only one team can win SL each year, which helps them and can clearly only be potentially emulated by one club at a time.
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Club Owner | 2757 | No Team Selected |
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Ex Hull KR TV season pass holder.Ex HKR lottery member. Ex Hull KR half season pass holder.: |
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| The North stand delay costing us in the region of £750K was a mixture of lost revenue from the stand and a lost upfront contract payment from brewers/caterers if im not mistaken(as i mostly am)
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fonds blancs/Sid.gif I have lost interest:fonds blancs/Sid.gif |
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| The constant supply of negative information is just softening you up for when NH and RC leave. They don't want to be cast as villains like the guys at Bulls etc
It's a bit like the Weapons of Mass destruction stories in Iraq before we invaded (made up to fool a world).
My money is on a joint venture with AP as in a Merger
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| Quote: Tarquin Fuego "
No prospect of profits - I agree
Chances of silverware - NIL by mouth'"
Enough of your club, we are talking about Rovers here....
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33809_1522680904.png 'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.:d7dc4b20b2c2dd7b76ac6eac29d5604e_33809.png |
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| Quote: Tarquin Fuego "The constant supply of negative information is just softening you up for when NH and RC leave. They don't want to be cast as villains like the guys at Bulls etc
It's a bit like the Weapons of Mass destruction stories in Iraq before we invaded (made up to fool a world).
My money is on a joint venture with AP as in a Merger'"
They won't fund us beyond this season (at least alone) - it is out in the open.
The Bulls were run into the ground and left with nowhere to go, their fans and the game at large misled. We know where we stand.
I'm not seeing any obvious paralells with WMD situation.
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30596_1286642206.jpg If there is no struggle, there is no progress. Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle.
Frederick Douglas:d7dc4b20b2c2dd7b76ac6eac29d5604e_30596.jpg |
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| Quote: Mild Rover "I'm not seeing any obvious paralells with WMD situation.'"
Could that be because it's a completely idiotic analogy?
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| Something doesn't add up here, Smith is pleading poverty but taking more new players on loan when you have Caro unutilised.
£750k upfront relating to a 12 month period represents £58k per match day. Catering profit margin of 10% would mean £580k income per match day just for the investment to wash its face, so every punter would need to spend £58 each every game. I'm blagging it, of course, but struggle to see Rovers attracting investment of this size to win a contract for pies and lager for 13 afternoons. In any case, if it were so certain, it would simply be deferred for a few months rather than lost altogether. I guess it will be part of the negotiation and an attractive carrot for the next owner to receive a golden hello of this size. The derby gate thing is small fry in this context. A sellout would yield max £47k.
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33809_1522680904.png 'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.:d7dc4b20b2c2dd7b76ac6eac29d5604e_33809.png |
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| Quote: Mrs Barista "Something doesn't add up here, Smith is pleading poverty but taking more new players on loan when you have Caro unutilised.
£750k upfront relating to a 12 month period represents £58k per match day. Catering profit margin of 10% would mean £580k income per match day just for the investment to wash its face, so every punter would need to spend £58 each every game. I'm blagging it, of course, but struggle to see Rovers attracting investment of this size to win a contract for pies and lager for 13 afternoons. In any case, if it were so certain, it would simply be deferred for a few months rather than lost altogether. I guess it will be part of the negotiation and an attractive carrot for the next owner to receive a golden hello of this size. The derby gate thing is small fry in this context. A sellout would yield max £47k.'"
It won't relate to a 12 month period. It is a cashflow issue rather than a per annum P&L deal. We're not pleading poverty, we're saying we want/need to structure the club differently after this year - one way or another. I know the internet is great for conspiracy theories, but when what is out there makes perfect rational sense, the 'as stated alternative' has to be the default. it is exactly what it looks like, imo.
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17507_1286953982.jpg Know your Enemy:d7dc4b20b2c2dd7b76ac6eac29d5604e_17507.jpg |
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| Quote: Mild Rover "It won't relate to a 12 month period. It is a cashflow issue rather than a per annum P&L deal. We're not pleading poverty, we're saying we want/need to structure the club differently after this year - one way or another. I know the internet is great for conspiracy theories, but when what is out there makes perfect rational sense, the 'as stated alternative' has to be the default. it is exactly what it looks like, imo.'"
The £750k loss on the delay in the north stand, is at best, an AUP 1.2, libel. I would love someone to prove how this is calculated.
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33809_1522680904.png 'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.:d7dc4b20b2c2dd7b76ac6eac29d5604e_33809.png |
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| Quote: hull smallears "The £750k loss on the delay in the north stand, is at best, an AUP 1.2, libel. I would love someone to prove how this is calculated.'"
At worst it is spin. From what I recollect, it was something like £250k in [iprojected[/i revenue and a large one-off lump sum for a (presumably long-term) brewery/catering deal. It is an estimate and it combines both a firm (and major) cashflow blow and a less solid, in terms of scale, loss of revenue.
I've given up on expecting any sort of rigour on these sorts of things - people can line numbers up to tell any story they like, so they do. Pick holes in it, if you wish (in moderation ) so long as you're aware it isn't just 'us' that does this.
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17123_1311448581.jpg If you only knew the POWER of the dark side.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17123.jpg |
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| Quote: Sandra The Terrorist "Could that be because it's a completely idiotic analogy?'"
Looking at the author is that surprising?
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