Not by me you don't

Rovers accounts cannot be too bad otherwise they would have struggled getting a franchise spot surely. Assuming they were 2.4m in debt the RFl would have known these facts and figures when the franchise stuff was going in for approval.
Rovers obviously submitted a good plan of action for reducing the deficit over the coming years, and that has satisfied the powers that be.

Seems to me both sets of supporters seem to want the other club to go out of business, which from a business point of view makes no sense as they would lose a lot of revenue on the games between them, plus there would be the added costs of having to travel to another away game that is out of the city.

15 months of expenditure versus at best 13 months of full income will impact on profitability.



But only he knows the reasons behind this we are all guessing, but granted at face value the accounts don't look good.



Agreed.



I am discussing them now and have said they don't make particularly good reading but there may well be some valid reasons. I could be wrong but i may be right. You could be wrong but you could be right. Fact is neither of us really know. Its all guesswork.



Financial performance is better judged on a 12 month period IMO particularly when trading is seasonal. Rovers income will have increased considerably in their second S/L year so it is perfectly reasonable to assume that there may be an improvement in the clubs financial performance. However until we see the accounts we cannot make a valid judgement.

So you really are a proper accountant but yet can't do simple multiplication.
Thats got to be a worry!!

To be fair, these figures are over 12 months old and don't (necessarily) represent the current position. rovers may have made a big profit in the last financial year and have paid off a large chunk of the debt (or not)

Wonder where the extra £1 million in liabilities in the period have come from

Agreed. With all the public reassurances on Rovers financial health, it's very unlikely this would be on the back of a £2.4m debt figure. This must have come down since for Hudgell to be so categorical that the finances are going in the right direction.

So you know more than Hudgell then? tell you what, stop worrying yourself doll face and get a life.

You keep getting slightly catty and making it so obvious that she is touching a nerve !

Is she getting to ya flower !!!!!

who cares if either club is deep in the red?
s long as we have our respective teams to watch/follow each week all us fans need to be concerned with is which team is doing better out on the field, let the directors and people in charge worry about the finances.
we ve waited too long to have both teams in superleague to let things like debts worry the fans........


my main concern for this season is will Hfc finish above Hkr

Barista , are you aware that during the promotion year Rovers and other teams in that division were treated as outcasts and were not privvy to sky monies. Crowds were not as high as they are now and with a full time professional team to finance success does come at a cost. Can you explain why with a 1.25 million handout from the SL to merge , 700 K gift from the rate payers of Hull, reaching 4 finals and 12 seasons in SL why Hull Super League finances are not good?

Because our financial management up to 4 years ago was pants. How else do you get a debt position of £2m+?

That figure goes up every time a Rovers fan quotes it.