| FORUMS > Hull KR > Rovers 2008 Accounts |
 |
|
|
| Rank | Posts | Team |
| Player Coach | 2059 | No
Team
Selected |
| Joined | Service | Reputation |
| Jul 2006 | 18 years | |
| Online | Last Post | Last Page |
| Jan 2019 | Apr 2018 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
26533.jpg
FC TILL I DIE
COME ON U HULL:26533.jpg |
|
|
Rome wasnt built in a day im sure over the comming years HKR will find a way to up grade there stadium ,ie the 300k there getting from NHS ,But it grinds me a bit to read from Rovers supporters that they didnt get any help from the city ,Rovers sold there old ground ,at a time for 4m which was suppose to build them a new modern staduim they got the site and ground for next to nothing off the council and the planning ,it was the then Rovers directors who decided it would be a good time to take there money and there loans out of the club which left them with next to nothing from the sale of the old craven park ,and thus the crap stadium they have today .But the point im making is Rovers did recieve massive help at the time from the council they got all the school land for next to nothing ,the rovers supporters at the time where told it was a great move would bring the club a modern staduim and clear any debts .they where hoodwinked and have been moaning ever since the KC was built ,but you had your chance back then to build a really modern up todate ground ,i know its not the rovers supporters fault but its not the rest of the citys either or the councils
|
|
|
|
|
| Rank | Posts | Team |
| Club Owner | 29160 | No
Team
Selected |
| Joined | Service | Reputation |
| Mar 2004 | 21 years | |
| Online | Last Post | Last Page |
| Dec 2012 | Jul 2011 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
: |
|
| Quote: fc-eaststander "Rome wasnt built in a day im sure over the comming years HKR will find a way to up grade there stadium ,ie the 300k there getting from NHS ,But it grinds me a bit to read from Rovers supporters that they didnt get any help from the city ,Rovers sold there old ground ,at a time for 4m which was suppose to build them a new modern staduim they got the site and ground for next to nothing off the council and the planning ,it was the then Rovers directors who decided it would be a good time to take there money and there loans out of the club which left them with next to nothing from the sale of the old craven park ,and thus the crap stadium they have today .But the point im making is Rovers did recieve massive help at the time from the council they got all the school land for next to nothing ,the rovers supporters at the time where told it was a great move would bring the club a modern staduim and clear any debts .they where hoodwinked and have been moaning ever since the KC was built ,but you had your chance back then to build a really modern up todate ground ,i know its not the rovers supporters fault but its not the rest of the citys either or the councils'"
Rovers also pay an absolutely pitiful rent on craven park which is a kind of handout from Hull CC. I know that the powers that be at HCC were a little miffed with Mr Hudgells comments in the national press a little while ago. |
|
|
|
|
| Rank | Posts | Team |
| Player Coach | 643 | No
Team
Selected |
| Joined | Service | Reputation |
| Aug 2006 | 18 years | |
| Online | Last Post | Last Page |
| Jun 2018 | Jun 2018 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
27235.gif
:27235.gif |
|
| Quote: Big Dave T "Rovers also pay an absolutely pitiful rent on craven park which is a kind of handout from Hull CC. I know that the powers that be at HCC were a little miffed with Mr Hudgells comments in the national press a little while ago.'"
As far as iam aware hcc are not sole owners of cp so the rent will reflect that. It will also reflect the fact that rovers seem to pay for all upkeep of cp
ie if rovers pitch needs replacing rovers pay for it. kc pitch needs replacing smc pay as hull pay rent to reflect this |
|
|
|
|
| Rank | Posts | Team |
| Player Coach | 5139 | No
Team
Selected |
| Joined | Service | Reputation |
| Sep 2006 | 18 years | |
| Online | Last Post | Last Page |
| Dec 2014 | May 2013 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
27608.jpg
Motto of the week -
It is the way of the weak to secretly bleat to those in authority rather than fight their own battles.:27608.jpg |
|
| Quote: hkrovers "As far as iam aware hcc are not sole owners of cp so the rent will reflect that. It will also reflect the fact that rovers seem to pay for all upkeep of cp
ie if rovers pitch needs replacing rovers pay for it. kc pitch needs replacing smc pay as hull pay rent to reflect this'"
I think the above is correct and iirc Rovers don't pay their rent directly to HCC in any case. It all makes BDT's assertion about the council being miffed at Hudgys comments complete bollox as they clearly are not is possession of all the facts  |
|
|
|
|
|
| Rank | Posts | Team |
| Club Owner | 29160 | No
Team
Selected |
| Joined | Service | Reputation |
| Mar 2004 | 21 years | |
| Online | Last Post | Last Page |
| Dec 2012 | Jul 2011 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
: |
|
| Quote: Gordon Gekko "I think the above is correct and iirc Rovers don't pay their rent directly to HCC in any case. It all makes BDT's assertion about the council being miffed at Hudgys comments complete bollox as they clearly are not is possession of all the facts ![]()
I dont know what the split is between HCC and another owner. (do know that HCC control it though so must have some kind of larger share)
I also do know that the rent is way below what it would be if it were a privately owned ground being rented to Rovers. This effectively is a hand out, hense the reason the council were miffed about hudge's comments. I may not have been in possession of the facts regarding sole ownership of the stadium (and i await the facts if anyone has them) but i can guarantee you i'm 100% correct about the other points. Believe or not, i dont really care.
|
|
|
|
|
| Rank | Posts | Team |
| Player Coach | 5139 | No
Team
Selected |
| Joined | Service | Reputation |
| Sep 2006 | 18 years | |
| Online | Last Post | Last Page |
| Dec 2014 | May 2013 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
27608.jpg
Motto of the week -
It is the way of the weak to secretly bleat to those in authority rather than fight their own battles.:27608.jpg |
|
|
|
|
|
|
|
|
| Rank | Posts | Team |
| Club Owner | 29160 | No
Team
Selected |
| Joined | Service | Reputation |
| Mar 2004 | 21 years | |
| Online | Last Post | Last Page |
| Dec 2012 | Jul 2011 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
: |
|
|
|
|
|
|
|
| Rank | Posts | Team |
| Player Coach | 5139 | No
Team
Selected |
| Joined | Service | Reputation |
| Sep 2006 | 18 years | |
| Online | Last Post | Last Page |
| Dec 2014 | May 2013 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
27608.jpg
Motto of the week -
It is the way of the weak to secretly bleat to those in authority rather than fight their own battles.:27608.jpg |
|
| Quote: Big Dave T "Wouldn't say care, just too bored i guess. I know the point is correct anyway, and that's all that matters to me. ![]()
In that case it would seem then that your councilor mates need to brush up on their facts (and i bet they are hull fans) 
|
|
|
|
|
|
| Rank | Posts | Team |
| Club Owner | 29160 | No
Team
Selected |
| Joined | Service | Reputation |
| Mar 2004 | 21 years | |
| Online | Last Post | Last Page |
| Dec 2012 | Jul 2011 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
: |
|
| Quote: Gordon Gekko "In that case it would seem then that your councilor mates need to brush up on their facts (and i bet they are hull fans) ![]()
I dont have any councillor mates thanks, i like to have trustworthy mates. 
I'm still waiting for you to provide me evidence of said multi-ownership as well as proof of any counter arguement about the rent etc?
The only article in the press i can find is one from 2000 when Rovers sold the ground to HCC and a consortium. Doesnt name the consortium.
|
|
|
|
|
| Rank | Posts | Team |
| Player Coach | 5139 | No
Team
Selected |
| Joined | Service | Reputation |
| Sep 2006 | 18 years | |
| Online | Last Post | Last Page |
| Dec 2014 | May 2013 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
27608.jpg
Motto of the week -
It is the way of the weak to secretly bleat to those in authority rather than fight their own battles.:27608.jpg |
|
| Quote: Big Dave T "I dont have any councillor mates thanks, i like to have trustworthy mates. ![]()
It was you making unfounded assertions that Rovers paid a pitiful rent to HCC. Where's your proof?? The consortium you refer to at the time was called Gaingroup and that is who Rovers pay their rent to iirc.
|
|
|
|
|
| Rank | Posts | Team |
| Club Owner | 29160 | No
Team
Selected |
| Joined | Service | Reputation |
| Mar 2004 | 21 years | |
| Online | Last Post | Last Page |
| Dec 2012 | Jul 2011 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
: |
|
| Quote: Gordon Gekko "It was you making unfounded assertions that Rovers paid a pitiful rent to HCC. Where's your proof?? The consortium you refer to at the time was called Gaingroup and that is who Rovers pay their rent to iirc.'"
and are they still involved or is the stadium now 100% owned by the council? How would i have proof of something that ive never seen written down? I've had it on very good authority that it's the case. Can't say much more than that can i. Was just wondering where your proof was that it's not the case?
Forget Rovers pitiful rent anyway, i'm more interested to hear more about the ownership of Craven Park as it may be something i wasn't aware of. |
|
|
|
|
| Rank | Posts | Team |
| Club Owner | 29160 | No
Team
Selected |
| Joined | Service | Reputation |
| Mar 2004 | 21 years | |
| Online | Last Post | Last Page |
| Dec 2012 | Jul 2011 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
: |
|
|
Just found this:
09:30 - 19 June 2003
Hull KR's financial troubles started to make themselves felt back in 1997 and for almost three years accountants Price Waterhouse Coopers administered the running of the club. Towards the end of that period a consortium offered £500,000 for the club, and even that was shrouded in controversy as David Lloyd, the Hull Sharks owner, claimed his higher bid had been rejected.
Be that as it may, events reached a stage where the City Council and the Gaingroup (now called Kingston Community Development Ltd), the private consortium mentioned, agreed to purchase Craven Park from the adminstrators for £650,000.
The council paid £450,000 towards the cost of the ground and Gaingroup a further £200,000. The council leased their share of the ground to Gaingroup on a `250-year` lease.
It was then leased back to Hull KR for £30,000 a year plus vat on a `20-year` plan.
Former Hull City boss Don Robinson took over as chairman and a new board of directors was appointed. It was also agreed the consortium would provide a £100,000 cash injection for stadium and ground improvements.
That deal ended 12 months of uncertainty and speculation for the historic club.
Once agreement was reached it was stated the club would remain under close financial scrutiny for the next five years and press on with a Creditors Voluntary Agreement (CVA) to pay off £1.1m debts.
Since the initial agreement Don Robinson has left the board of Rovers when he was succeeded by Wayne Smith who has in turn been replaced by Colin McNicol.
If the RFL look at what clubs in the division owe or have borrowed I don't think they will let anybody go beyond 150k
taken from www.totalrl.com/lofiversion/index.php/t3702.html |
|
Just found this:
09:30 - 19 June 2003
Hull KR's financial troubles started to make themselves felt back in 1997 and for almost three years accountants Price Waterhouse Coopers administered the running of the club. Towards the end of that period a consortium offered £500,000 for the club, and even that was shrouded in controversy as David Lloyd, the Hull Sharks owner, claimed his higher bid had been rejected.
Be that as it may, events reached a stage where the City Council and the Gaingroup (now called Kingston Community Development Ltd), the private consortium mentioned, agreed to purchase Craven Park from the adminstrators for £650,000.
The council paid £450,000 towards the cost of the ground and Gaingroup a further £200,000. The council leased their share of the ground to Gaingroup on a `250-year` lease.
It was then leased back to Hull KR for £30,000 a year plus vat on a `20-year` plan.
Former Hull City boss Don Robinson took over as chairman and a new board of directors was appointed. It was also agreed the consortium would provide a £100,000 cash injection for stadium and ground improvements.
That deal ended 12 months of uncertainty and speculation for the historic club.
Once agreement was reached it was stated the club would remain under close financial scrutiny for the next five years and press on with a Creditors Voluntary Agreement (CVA) to pay off £1.1m debts.
Since the initial agreement Don Robinson has left the board of Rovers when he was succeeded by Wayne Smith who has in turn been replaced by Colin McNicol.
If the RFL look at what clubs in the division owe or have borrowed I don't think they will let anybody go beyond 150k
taken from www.totalrl.com/lofiversion/index.php/t3702.html | |
|
|
|
|
|
|
| Rank | Posts | Team |
| Player Coach | 5139 | No
Team
Selected |
| Joined | Service | Reputation |
| Sep 2006 | 18 years | |
| Online | Last Post | Last Page |
| Dec 2014 | May 2013 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
27608.jpg
Motto of the week -
It is the way of the weak to secretly bleat to those in authority rather than fight their own battles.:27608.jpg |
|
| Quote: Big Dave T "and are they still involved or is the stadium now 100% owned by the council? How would i have proof of something that ive never seen written down? I've had it on very good authority that it's the case. Can't say much more than that can i. Was just wondering where your proof was that it's not the case? ![]()
Not that old chestnut 
|
|
|
|
|
| Rank | Posts | Team |
| Club Owner | 29160 | No
Team
Selected |
| Joined | Service | Reputation |
| Mar 2004 | 21 years | |
| Online | Last Post | Last Page |
| Dec 2012 | Jul 2011 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
: |
|
| Quote: Gordon Gekko "Not that old chestnut ![]()
Now i refer you back to my point above this one. £30k per year rent is pitiful.
|
|
|
|
|
| Rank | Posts | Team |
| Player Coach | 5139 | No
Team
Selected |
| Joined | Service | Reputation |
| Sep 2006 | 18 years | |
| Online | Last Post | Last Page |
| Dec 2014 | May 2013 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
27608.jpg
Motto of the week -
It is the way of the weak to secretly bleat to those in authority rather than fight their own battles.:27608.jpg |
|
| Quote: Big Dave T "Just found this:
09:30 - 19 June 2003
Hull KR's financial troubles started to make themselves felt back in 1997 and for almost three years accountants Price Waterhouse Coopers administered the running of the club. Towards the end of that period a consortium offered £500,000 for the club, and even that was shrouded in controversy as David Lloyd, the Hull Sharks owner, claimed his higher bid had been rejected.
Be that as it may, events reached a stage where the City Council and the Gaingroup (now called Kingston Community Development Ltd), the private consortium mentioned, agreed to purchase Craven Park from the adminstrators for £650,000.
The council paid £450,000 towards the cost of the ground and Gaingroup a further £200,000. The council leased their share of the ground to Gaingroup on a `250-year` lease.
It was then leased back to Hull KR for £30,000 a year plus vat on a `20-year` plan.
Former Hull City boss Don Robinson took over as chairman and a new board of directors was appointed. It was also agreed the consortium would provide a £100,000 cash injection for stadium and ground improvements.
That deal ended 12 months of uncertainty and speculation for the historic club.
Once agreement was reached it was stated the club would remain under close financial scrutiny for the next five years and press on with a Creditors Voluntary Agreement (CVA) to pay off £1.1m debts.
Since the initial agreement Don Robinson has left the board of Rovers when he was succeeded by Wayne Smith who has in turn been replaced by Colin McNicol.
If the RFL look at what clubs in the division owe or have borrowed I don't think they will let anybody go beyond 150k
taken from
So the council get a return on their 'investment', KCD get a return on their 'investment' and Rovers get a fixed price rental agreement for 20 years.
Everyone's a winner
|
|
|
|
|
|
|
|
