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Quote: The Goroka Gene-ius "Or, put another way, our Chairman has overseen a rise from mid-table in the NFP, with average gates around 1,800, to the top 4 of SL with 8,500 punters.

Nice to know how much Neil gets under your skin! Anyone can do that if they don't concern themselves with the financial consequences. icon_wink.gif

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Quote: The Goroka Gene-ius "Nice to know how much Neil gets under your skin!
TBF that's what he's been trying to do for the last three years. icon_smile.gif

Arguably he's succeeded and will probably be feeling very pleased with himself.

But at what cost icon_confused.gif:

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Quote: Gordon Gekko "Oh dear
I agree Gordon. All credit to Rovers' directors for their financial support during a critical period. eusa_clap.gif But how long will it continue and when it ends what will happen in its place?

Hull now has a sustainable business model, is trading at a profit and gradually repaying the directors loans. How are Rovers going to get to there from where they are now?
eusa_think.gif

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THANK YOU Mr. PEARSON, FOR RIDDING US OF FCKWIT FUBAR, CEO TOOL AND THE STINKING UNCLE KATH!!!!!!!!!!!!!!! WHY DON'T THE DOBBINS PLAY IN GREEN SHIRT, GREEN SHORTS AND GREEN SOCKS IN ORDER TO EXPRESS THEIR INFINITE ENVY OF EVERYTHING BLACK AND WHITE??:icons42da_files/5424-2890lipst1ck_d0rk-msnicons.jpg



Keeping up with the Jones's, at whatever the cost !! icon_lol.gif

Well done to all concerned !! icon_lol.gif I hope that competing with those B&W Bstds for two or three seasons was worth it !! icon_lol.gif

A small club like yours with it's small income and small fan base cannot compete and never will be able to compete financially with the big boys. Your on-the-pitch progress over the last three seasons is there for all to see but at what cost ?

You are £4M in debt (and rising), you are at your historic saturation point wth attendances and you rent a ground that needs much investment, and yet while Rome is burning around him, your Emporer Grudgehull sits on his throne, continuing to wonder just how to "get one over" on the big brother from the West. icon_rolleyes.gif icon_rolleyes.gif

You really do not need to be a Hull fan to see how his obsession has put you in some serious trouble.

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Quote: Nobeerineasthull "I agree Gordon. All credit to Rovers' directors for their financial support during a critical period.
Thats the million dollar question.

Without major investment in Craven Park i doubt their ability to take the next step. They can only streamline the business as things stand which may well impact on the quality of the team on the field.

I don't have all the answers but the clear difference between the two clubs is the ability to facilitate corporates on matchdays.

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Quote: thehullwhitestar "Keeping up with the Jones's, at whatever the cost !!

Think you need to take a chill pill icon_biggrin.gif

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easty wrote"If you want to watch the best R.L players in the country then at the moment you'll be choosing Leeds or Hull F.C. If you want to watch your R.L in one of the best stadiums in the country you'll be again wanting Hull F.C.":



Quote: Gordon Gekko "

I don't have all the answers but the clear difference between the two clubs is the ability to facilitate corporates on matchdays.'"


The retail sides of both clubs are also poles apart as are the attendance figures.

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Quote: BESTY "The retail sides of both clubs are also poles apart as are the attendance figures.'"



Attendance wise historically Rovers have always had less than Hull so i don't see that as too significant in all honesty. The retail and merchandise side if the business is a work in progress but the facilities for corporates are virtually non existent.

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Quote: Gordon Gekko "It overstates Fixed Assets simply because it is against standard accounting practice. I don't know of many companies that include their employees as fixed assets in their y/e accounts.'"

How do you know that Hull KR are not also adopting that accounting technique with tangible assets at Nov 2008 being valued at £1,302,758, when to the best of my knowledge Hull KR do not own Craven Park?

Quote: Gordon Gekko "TBF Rovers accounts are terrible there is no doubts about that and they don't have the luxury of a 25000 all seater stadium and 27 corporate boxes to generate income. '"

But should Hull KR have spent as though they had the luxury of such revenue that can be achieved from such a facility? A bit of heart ruling head from the Hull KR directors over the last few years. The board must have known for a couple of years that the sums are not adding up?

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Quote: Cave Man "How do you know that Hull KR are not also adopting that accounting technique with tangible assets at Nov 2008 being valued at £1,302,758, when to the best of my knowledge Hull KR do not own Craven Park?'"


Just a guess here but i'm pretty sure they would have had to provide receipts
and they are depreciating these assets so it not likely to be Land or Buildings.

Quote: Cave Man "But should Hull KR have spent as though they had the luxury of such revenue that can be achieved from such a facility? A bit of heart ruling head from the Hull KR directors over the last few years. The board must have known for a couple of years that the sums are not adding up?'"


Dunno, maybe you should ask them. I am pretty sure they expected to run up some losses during their first 2/3 years but they backed these losses up with their own cash afaik.

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Quote: Nobeerineasthull "I agree Gordon. All credit to Rovers' directors for their financial support during a critical period.
Exactly the right questions. A plan needs to be put in place, as does a back up. If revenues can't be raised (which'd be the obvious plan A, shorn of any detail), costs would have to be cut. If, for 2011, Galea's place was taken by Cook, with Taylor and a reserve player each taking a step up, I'anson replaced Cooke, Hall (for example) was brought in for Webster and Walker was replaced more cheaply, then the team would be weaker - but probably not catastrophically so. Huddersfield would have to run an amateur squad to get close to break even by trimming the squad budget, if the figures bandied about on here are accurate. You have to be realistic - if most other teams are willing and able to continue running at a loss to spend to the cap, and Rovers are not then it is going to be more difficult. As long as it is planned for and accepted by fans, I can imagine worse fates.

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Quote: Cave Man "How do you know that Hull KR are not also adopting that accounting technique with tangible assets at Nov 2008 being valued at £1,302,758, when to the best of my knowledge Hull KR do not own Craven Park?

But should Hull KR have spent as though they had the luxury of such revenue that can be achieved from such a facility? A bit of heart ruling head from the Hull KR directors over the last few years. The board must have known for a couple of years that the sums are not adding up?'"


The £482k added in 2008 could be the East Stand extension?

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Quote: Gordon Gekko "Attendance wise historically Rovers have always had less than Hull so i don't see that as too significant in all honesty. The retail and merchandise side if the business is a work in progress but the facilities for corporates are virtually non existent.'"

I think you're being generous there. There is huge unserviced demand for Rovers merchandise which pretty poor at this time of year. Rather than spend £100k+ on Joel Clinton, why not spend a third of that on someone with the experience and customer insight to sort out this side of the business. Bizarre allocation of resources to not prioritise this revenue stream. Corporate facilities need capital investment, but a decent retail manager is far cheaper and could have a big impact. FC can turn over £1m on merchandise in a good year - madness not to prioritise it IMO.

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'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: Cave Man "
But should Hull KR have spent as though they had the luxury of such revenue that can be achieved from such a facility? A bit of heart ruling head from the Hull KR directors over the last few years. The board must have known for a couple of years that the sums are not adding up?'"


If it was been run purely as a business, then no, but I don't think it was. Sport can be a fun leisure activity too - remember? icon_wink.gif Without a bit of heart ruling head Rovers would still be becalmed in the lower leagues, I'm 99% sure of that. The years of sums 'not adding up' have, with franchizing coming in, been ones of necessary rapid growth. Losses were anticipated, that has been admitted - whether they have been dramatically worse than expected is unclear. That they can't continue forever, is something fans have to accept.

Out of interest, is your sig aimed at us or the overoptimistic amongst Hull fans or both?

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'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 "I think you're being generous there. There is huge unserviced demand for Rovers merchandise which pretty poor at this time of year. Rather than spend £100k+ on Joel Clinton, why not spend a third of that on someone with the experience and customer insight to sort out this side of the business. Bizarre allocation of resources to not prioritise this revenue stream. Corporate facilities need capital investment, but a decent retail manager is far cheaper and could have a big impact. FC can turn over £1m on merchandise in a good year - madness not to prioritise it IMO.'"


Tbh, much as I would like to see a new prop, if it was a straight choice I'd be inclined to agree. IIRC, Rovers did appoint a new marketing manager not long ago, so hopefully things will get better.

New signings create optimism that will feed through into sales of merchandize too - though I offer that as mitigation rather than justification.

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