Quote Big Spender="Big Spender"Wrong AGAIN. Unlike our Chairman who denied this on a interview, the silence from his counterpart at Hull speaks volumes. '" www.sporthull.co.uk/rugby_league ... p?ID=10158 Like the way you've edited your post anyway enough about hull this is the rovers forum

Quote Big Spender="Big Spender"Wrong AGAIN. Unlike our Chairman who denied this on a interview, the silence from his counterpart at Hull speaks volumes. '" www.sporthull.co.uk/rugby_league ... p?ID=10158 Like the way you've edited your post anyway enough about hull this is the rovers forum

Hull have had more income over the last few years but have also had much high outgoings including a players wage bill of £1.6m vs one of £0.4m.

I agree that neither club is in a brilliant state financially but the size of the loss Rovers made in 2007 is pretty worrying considering the playing roster that season when Paul Cooke and Mick Vella were pretty much the only big names. The payroll costs will have increased in 2008 with Newton, Galea, Crossman, Jake Webster, paying James Webster for a full season and Dobson for half - this isn't speculation as the club are on the record that they were much nearer the salary cap in 08 than 07. Crossland has also said you've increased youth development expenditure so that's an extra drain on resources. The point is that unless something startling has happened to Rovers business model it's unlikely that 2008 accounts will show a much improved position so the debt figures could well increase.

I agree that FC's level of debt will increase with the new training centre, but depending on how any ground developments at Rovers are funded, so will theirs.

Now the accounts are finally available and a bit grim, I would challenge Hudgell's claim dismissing people speculating about Rovers finances as mischief-makers.

Odd that really, they do say everything is connected, given the meaning of the term 'in the pink', then I suppose being that we are the top team in this city, that we are just that.

Are you being thick on purpose?

Its not "free money" and handing something out is not the same as a "handout" in this context. If it was a handout it would be on top of the Sky money you get anyway and not part of it.

The top team in the city Have the initials HFC as Kooga know.

before the mods lock the thread can we get back to discussing your accounts. I thank you

Didn't worry the RFL enough to doubt Rovers franchise bid, even with a strict criteria towards having finances in order, as well as the fact only a few weeks back the RFL stated they had no problems whatsoever about the financial status of Rovers.

That's not very nice now is it.

Mistakes are made, I mean someone gave James Rule a job at the KC.

It's not KooGa merchandise but thanks for the tag of top team

Is it not? My apologies. who produces it?

Some fair and valid points there.

Should the long term liabilities at be mostly made up of directors loans from their 'wealthy backers' as i am lead to beleive they are then the accounts, though not ideal, are not as grim as they appear and are indeed much more healthier than the majority of S/L clubs.

Also worth noting that these accounts are for a 15 month accounting period with the extra three months (sep,oct & nov) being months where income would have been virtually non-existant. So again this will have adversely impacted on the profitablility of the company.

Next years accounts will certainly make interesting reading



Now any chance of a cuppa

No idea.