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FORUMS > Hull KR > Rovers Accounts to 30th November 2007
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Quote: Mrs Barista "In the three months to 30 November 2006, Rovers should not have made a loss as they had income from the play-off v Widnes, the Grand Final and associated merchandise etc against a wage bill of £80k at most. Let's assume that all the prize money was given to the players - still should be breakeven at worst for this period. We're then into a 12 month period to 30 November 2007 which will include a full season's payment of Sky money, season passes, merchandise, sponsorship etc. Any club would plan their costs for the full 12 months (player contracts run over this full 12 months) vs the income in respect of this period. Whilst there won't be much cash coming in in the last 3 months, that's irrelevant from a budget and P&L perspective. It would therefore seem likely that the full loss derives from the 12 months to November. You can try and pretend that nothing can be deduced from the accounts for another year, but I don't agree. On your logic there is a big loss in Sept-Nov 2007. How will this be different in 2008 as the basic financial framework is the same year on year? When we do see the 2008 accounts, what reduction in the £2.4m are you expecting to see?
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?

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Quote: cofr_rockin_robin " 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+?

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Quote: cofr_rockin_robin "Can you explain why with a 1.25 million handout from the SL to merge'"

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

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Quote: cofr_rockin_robin "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?'"


Never was £1.25m

Hull disposed of their only real tangible asset to the council, hardly a gift.

CC finals of 2005 and 2008. GF of 2006. Which one didn't I go to?

Difference is, Hulls financial position is a lot better than what it was 4 years ago and it continually getting better where as rovers appear to be losing money hand over fist.

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Quote: Mild mannered Janitor "
Difference is, Hulls financial position is a lot better than what it was 4 years ago and it continually getting better where as rovers appear to be losing money hand over fist.'"


almost doubled hasnt it?

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Quote: Mild mannered Janitor "Never was £1.25m

read this article .

www.independent.co.uk/sport/general/gateshead-fold-as-league--agrees-merger-741473.html


Hull disposed of their only real tangible asset to the council, hardly a gift.

A gift by the council the dump was never worth 700k , all payed for by the ratepayers of hull.

CC finals of 2005 and 2008. GF of 2006. Which one didn't I go to?

Difference is, Hulls financial position is a lot better than what it was 4 years ago and it continually getting better where as rovers appear to be losing money hand over fist.'"


Don't worry too much about our financial position Hudgell is a fan and wouldn't let the club go down the pan. The most important thing we managed to achieve without any Financial aid from SL was to gain promotion and stay there . You should be commenting on your financial position making the challenge cup final selling all that merchandise but only making a small profit not good.

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Quote: cofr_rockin_robin "Don't worry too much about our financial position Hudgell is a fan and wouldn't let the club go down the pan. The most important thing we managed to achieve without any Financial aid from SL was to gain promotion and stay there . You should be commenting on your financial position making the challenge cup final selling all that merchandise but only making a small profit not good.'"
not bad going seeing as we had a fine to pay.

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Quote: Holty "not bad going seeing as we had a fine to pay.'"


Please don't mention the fine again Holty , this thread could run into the thousands now you have .

Good job the RFL have now tightened up on the rules one good thing to come out of the fiasco.

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Quote: cofr_rockin_robin "Don't worry too much about our financial position Hudgell is a fan and wouldn't let the club go down the pan. The most important thing we managed to achieve without any Financial aid from SL was to gain promotion and stay there . You should be commenting on your financial position making the challenge cup final selling all that merchandise but only making a small profit not good.'"


The merger money was £1m. That article was written as that story broke and well before any payments were received. Out of that £1m, the debts of the old Gateshead had to be settled and then some employment contracts paid up.

Fair enough. Its your opinion they the site of teh Boulevard was not worth £700k, but it was of some independant valuers icon_wink.gif . If you really wanted to you could say that all council expenditure is ratepayers money.

That Hudgel is a fan is irrelevant. If anything that would lead to making irrational and emotive decisions.

On the basis of Hulls accounts in the years they have made major finals, they have made clear profits of over £200k. If you consider St Helens have made all of the major finals in the last 3 seasons yet they post losses, go figure that one out.

Just for reference, Hull FC made it to SL in 1997 without any assistance. I don't see your point there.

And final, about that fourth final you mentioned earlier??????

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Quote: Mild mannered Janitor "The merger money was £1m. That article was written as that story broke and well before any payments were received. Out of that £1m, the debts of the old Gateshead had to be settled and then some employment contracts paid up.

Fair enough. Its your opinion they the site of teh Boulevard was not worth £700k, but it was of some independant valuers icon_wink.gif

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Quote: Mild mannered Janitor "The merger money was £1m. That article was written as that story broke and well before any payments were received. Out of that £1m, the debts of the old Gateshead had to be settled and then some employment contracts paid up.

Gateshead were run by the same directors who came Sarf , Gateshead were 700K in the red stuff ! Not a good story to tell after a short period in existence.

Fair enough. Its your opinion they the site of teh Boulevard was not worth £700k, but it was of some independant valuers icon_eek.gif

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Quote: cofr_rockin_robin "Still won Nowt in SL though.'"



icon_lol.gif
Only 4 clubs have in SL and if you take out the one title won by Wigan, the other 12 titles have been shared by just 3 clubs.

London and Warrington have been in SL since its inception but neither has really threated getting anywhere near the GF.

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//www.pngnrlbid.com [quote="bUsTiNyAbALLs":9q9d2t35]Do not converse with me you filthy minded deviant.[/quote:9q9d2t35] [quote="vastman":9q9d2t35]My rage isn't impotent luv, I'm frothing at the mouth actually.[/quote:9q9d2t35]:



Quote: Mild mannered Janitor "

London finished second in the early years, a pretty good acheivement

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Subscribe | Moderators: Admin, R.B.A , Anakin Skywalker , Mild Rover



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