FORUMS > Hull KR > Rovers reveal accounts |
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25057_1281800333.jpeg www.hullrockers.co.uk:d7dc4b20b2c2dd7b76ac6eac29d5604e_25057.jpeg |
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| Quote: Mrs Barista "I'm not ranting about Rovers accounts, I'm saying Mullan is a journalistically challenged halfwit who wouldn't know a piece of independent and relevant context if it bit him on the @rse. This applies equally to his rugby league exclusives and his rather poor financial article today.'"
Why don't you comment on the website the article appeared on then. If you're only questioning Mullan's journalistic skills what has that got to do with Hull KR or this forum?
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| Quote: WormInHand "Where on earth is Barnacle Bill?
One could almost conclude it's really Barnacle Charlie given Mullet's insistence on not only including this anomaly but also using it as the illustration to compare SL clubs' financial performances. An applaudable attempt to prove Rovers' return is as rosie as their red breasts.'"
I'm here but really, really struggling to understand the gibberish you've just written.
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| Quote: Barnacle Bill "Why don't you comment on the website the article appeared on then. If you're only questioning Mullan's journalistic skills what has that got to do with Hull KR or this forum?'"
He's the Hull KR reporter and the very opening words of this thread were a link to his "report".
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| Quote: Mrs Barista "He's the Hull KR reporter and the very opening words of this thread were a link to his "report".'"
But you're only commenting on his journalistic skills. It would seem the appropriate place for that is the website the article is published on.
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32444_1318716838.jpg [quote="Philip Larkin":2lhqd089]
There ain’t no music
East side of this city
That’s mellow like mine is,
That’s mellow like mine.
[/quote:2lhqd089]:d7dc4b20b2c2dd7b76ac6eac29d5604e_32444.jpg |
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| Quote: Barnacle Bill "I'm here but really, really struggling to understand the gibberish you've just written.
I'm simply acknowledging that you were convinced in your insistence that Harlequins results should be included for comparative 2009 performance analysis despite their huge loss being an obvious anomaly to the rest of the SL clubs. (On VT).
In a similar way, Mullen has used the most extreme swing compared to last years results in quoting St Helens' dramatic negative increase in loss to seemingly give a benchmark to compare Rovers' performance.
Why would he do that? In the same way that no sane person would include Quins 2009 performance when illustrating an average for the other clubs.
I thought this showed you and Mullen shared similar traits in your approach to producing unbiased figures. Did you go to the same school of accountancy?
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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: tonylRobin "isnt it a coinsidence that the year before the new franchise's are chosen nearly all the clubs finances have improved, some significantly too.'"
Think this might have been the first year of the improved Sky deal - wouldn't swear to it though.
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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: Big Dave T "Raising cash through share options is always a decent way to make money, providing again that existing shareholders are happy to have a smaller % of the club in doing so.'" I'm a shareholder I dont mind a squat.
I would imagine more than enough would agree.
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25057_1281800333.jpeg www.hullrockers.co.uk:d7dc4b20b2c2dd7b76ac6eac29d5604e_25057.jpeg |
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| Quote: WormInHand "I'm simply acknowledging that you were convinced in your insistence that Harlequins results should be included for comparative 2009 performance analysis despite their huge loss being an obvious anomaly to the rest of the SL clubs. (On VT).'"
Ah, with you now. Without wanting to give a free lesson on statistics (again) Quins result must be included in an analysis of the financial results of SL clubs. Why would they not be? Just because the number looks a bit different to most of the others does not mean it should not be included, it falls within the boundary that any statistician would consider "normal" for the results provided.
Their results might be an "obvious anomaly" to you, but in fact they're not.
Quote: WormInHand "In a similar way, Mullen has used the most extreme swing compared to last years results in quoting St Helens' dramatic negative increase in loss to seemingly give a benchmark to compare Rovers' performance.
Why would he do that? In the same way that no sane person would include Quins 2009 performance when illustrating an average for the other clubs.'"
In his defence, Mullan hasn't tried to reinvent statistics to prove some kind of absurd and meaningless point. On the face of it there is nothing wrong with his comparison of Rovers results against Saints, however as you point out, the choice of Saints as a comparison is questionable. It could (and does) at first glance make Rovers results appear better than they are.
Why he would chose to do that is for him to answer. I couldn't say, I wouldn't have done that. It doesn't say anything about Rovers financial performance, which is what the article is supposed to be about.
Quote: WormInHand "I thought this showed you and Mullen shared similar traits in your approach to producing unbiased figures. Did you go to the same school of accountancy?'"
Statistics and accountancy (as Mrs B is now aware) are two very different things.
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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: Mrs Barista "Maybe, but in 2009 their passes were £60. The one that stands out for me is Salford, and on the face of it, I think they've played it quite cleverly. Clearly under threat from a license perspective, they've cut their cloth significantly this year knowing the stadium was going ahead and must have mentally written performances off in lieu of the medium term bigger picture. They'll be going into the license applications with a new stadium underway, a breakeven position in the most recent filed accounts, a Manchester location that's not in the catchment for another club, and some decent signings coming in. Quite canny.'"
Indeed, I've no idea how they've managed that (although I'm sure uncle John has had a rather heavy influence) but as well as significantly strengthening their position, this could well be (especially when their results come out) yet another nail in Wakey's coffin.
It really does appear that they've had a very definite on and off field plan. 1) Accept being poor on the field and take the inevitable hit on crowds for a few seasons to save money. 2) Make sure your new ground is definitely going to be ready for the next round of licences no doubt helped by the cap money you've saved. 3) Sign some name players to start to ramp up interest before the new stadium opens, whilst showing you can afford it on the previous results. 4) Move to the new ground and enjoy the undoubted rise in attendances which will no doubt help to facilitate a whole new list of signings.
A really interesting blue print for growth from one of the leagues current smaller clubs. Good luck to them.
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34340_1322737278.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_34340.jpg |
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| Whichever way its spun its an improving trend which can only be a good thing. Would be interesting to see a list of all profit and loss for SL clubs.
The Salford postion is an odd one for me, ok they may have reduced their player expenditure but their crowds were abismal towards the endo of the year, down to 3000 in some instances, so how they can turn a profit with such a reduced income is staggering.
It is a sad indictment of our game (and other sports) that some deem success to be how the balance sheet looks rather than what the on the field product is. Salford and Widnes being the main two in point.
Both teams have been awful on the pitch, Widnes even struggling in the championship, I'd go as far as saying they gave up after they loaned their way to the NR cup, once that was won they shed the loan players and concentrated on turning a profit.
I'm wonderig how long it will be before the RFL decide to stop playing rugby altogether and we all turn up to watch an ipod vs microsoft windows over 80 mins without contested scrums (held in an all seater stadium of course).
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| Quote: Mrs Barista "I'm not ranting about Rovers accounts, I'm saying Mullan is a journalistically challenged halfwit who wouldn't know a piece of independent and relevant context if it bit him on the @rse. This applies equally to his rugby league exclusives and his rather poor financial article today.'"
The Article is by Paul Baxter the Sports Editor
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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: Aldy "The Article is by Paul Baxter the Sports Editor'"
That just makes it worse!
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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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| Thinking about, Salford's swing from '08 to '09 will just be down to playing in different divisions in those two years, most likely.
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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: pmh "Indeed, I've no idea how they've managed that (although I'm sure uncle John has had a rather heavy influence) but as well as significantly strengthening their position, this could well be (especially when their results come out) yet another nail in Wakey's coffin.
It really does appear that they've had a very definite on and off field plan. 1) Accept being poor on the field and take the inevitable hit on crowds for a few seasons to save money. 2) Make sure your new ground is definitely going to be ready for the next round of licences no doubt helped by the cap money you've saved. 3) Sign some name players to start to ramp up interest before the new stadium opens, whilst showing you can afford it on the previous results. 4) Move to the new ground and enjoy the undoubted rise in attendances which will no doubt help to facilitate a whole new list of signings.
A really interesting blue print for growth from one of the leagues current smaller clubs. Good luck to them.'"
Agreed - but I think the bit I've underlined is a something of a red herring. Stadiums cost massive amounts of cash and it is near impossible for RL clubs (Leeds apart) to self fund. I'm paraphrasing - but only slightly - when recalling a Hull fan asking something like - 'Instead of wasting all that money on Paul Cooke, why didn't you focus on building the North Stand rather than going to the council with the begging bowl'. For a single modern end stand we're looking at about £6 million I think - 4 years salary cap near enough, or Hull FC's profits for 78 years (extrapolating from 2009).
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| Quote: Roverswall "I'm a shareholder I dont mind a squat.
I would imagine more than enough would agree.'"
I'm sure you're correct. Rovers board will have given due consideration to this.
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