FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!

  

Home Halifax Panthers IMG Does the club have a Plan?



Post new topic Reply to topic  [ 130 posts ]  Go to page Previous  1 ... 9, 10, 11, 12, 13
Author Message
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Wed Jan 10, 2024 9:18 pm 
Club Coach
International Star
User avatar

Joined: Feb 18 2005
Posts: 9527
Miserybusiness wrote:Can you explain the financials in laymans terms ie would you score 4.5 for solvency and lower than that for the level of debt or is it 1m x more complicated ? if we have a heavy burden of debt...when is it due and what are we doing to repay it ?


Its pretty straightforward how our score is made up and to give the RFL some credit the finance part for the scoring isn't that complicated.

With us scoring 0.55 points that means we have scored 0.3 points for having between 50 and 70% non cenralised turnover on the average of the last 3 years. The higher percentage you have for this the less reliant you are on the central funding. Again because of the scoring we know that Bradford and Fev both scored the maximum 0.75 points for this.

The other 0.25 we presume has to from the adjusted profit as you get those points as long as you are not running at an average loss of over 1m for the previous 2 years and there is just no way a club of our size could run at that sort of loss. So we can be pretty certain that is how our points are made up.

So for the other sections we miss out on having turnover of over 500k before central funding. I doubt we are anywhere near on this but Bradford should be over it and fev maybe close on this with their crowds. Without either a big uprise in crowds or some major sponsorship we aint scoring.

Next up we have owner investment and anything over 100k on the 3 year average scores 0.25. This one should be the easiest one for us to get points on as long as the new owners fulfill promises that they have seemingly made.

Last one is balance sheet strength where anything over £1 will gain you 0.25 points. It not unusual for sports teams to have negative balance sheets so this really does not tell us much but when taken in to context with the rest of the gradings for the finance section its easy to see why there may be concerns.

Fevs score you can pretty much work out how they have scored but Bradford's score is almost unbelievable for them to score 2.75 points. there is no way that they have a turnover of over 1.25m so they have to fall in to the over 500k region for 0.5 points. We already know they score full on the % variation of that to take them to 1.25 points. Now that means they then have to score full points on the remaining sections which I would be amazed at. They have to have shown a profit of over £1 over the average of 3 years, do we think that has happened? They need owner investment of over 500K in 2 of those 3 seasons as well. This could be possible as its a huge money pit and someone has pumped some cash in to them this season but has it been the same in previous seasons? And the last one they score maximum points on is having a balance sheet of over 100k, I mean really?

I would be amazed if Bradford's score is anywhere near this when things are audited next season.







"Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid."― Albert Einstein


"Everybody gets so much information all day long that they lose their common sense." ― Gertrude Stein


"Don't believe everything you read on the internet" ― Abraham Lincoln

Top
   
 
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Wed Jan 10, 2024 9:27 pm 
International Star
Club Captain
User avatar

Joined: Nov 05 2011
Posts: 4788
Location: Shuddersfield
Greg Florimos Boots wrote:The club simply don't have the money to match the ambition that most fans would like them to have and going on the IMG ratings for the financial aspects, it looks like we are closer to not having a club thatn we are to actually been in a position to compete for SL.

Fully accepted but there is no way on earth we should have voted to accept the IMG recommendations. A protest vote would at least have shown some contempt for what is happening. P.S. how the hell do Bradford score so highly on finances? It's unbelievable!






Hear All, See All, Say Nowt.
Eat All, Sup All, Pay Nowt.
And if Tha ever does Owt for Nowt,
Allus do it for Thissen.

Top
   
 
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Thu Jan 11, 2024 8:07 am 
Club Coach
International Star
User avatar

Joined: Feb 18 2005
Posts: 9527
Hudd-Shay wrote:Fully accepted but there is no way on earth we should have voted to accept the IMG recommendations. A protest vote would at least have shown some contempt for what is happening. P.S. how the hell do Bradford score so highly on finances? It's unbelievable!


For me we should have gone down the Batley route in pushing for winner of our league getting promoted and bottom team relegated as long as both were B grades.

But yeah on Bradford, I know they look like they are pretty close to been in the mix for promotion but I think when push comes to shove and things are investigated this coming season, they have very little wiggle room and are somewhere near the limit of what they can acheive and I would not be surprised if their score reduced rather than increased. Their accounts at companies house make interesting reading, for instance they do actually have a lot of money in the bank but it seems that is as a result of a large loan and I wonder how the RFL will take thins like that in to account as its clear their debts are rising and their money is dropping.







"Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid."― Albert Einstein


"Everybody gets so much information all day long that they lose their common sense." ― Gertrude Stein


"Don't believe everything you read on the internet" ― Abraham Lincoln

Top
   
 
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Thu Jan 11, 2024 11:07 am 
International Star
Club Captain
User avatar

Joined: Nov 05 2011
Posts: 4788
Location: Shuddersfield
It is crystal clear what is happening regarding Bradford, you only need to look at their published attendances against Fax and the amount of people who actually attended those games. If they can lie, and be believed apparently, about something which is there all to see, how can they be believed about things we can't see?






Hear All, See All, Say Nowt.
Eat All, Sup All, Pay Nowt.
And if Tha ever does Owt for Nowt,
Allus do it for Thissen.

Top
   
 
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Thu Jan 11, 2024 12:49 pm 
International Star
First Team Player
User avatar

Joined: Jan 14 2014
Posts: 1103
Ultimately everything IMG are proposing is bol**ks. As all the other licensing ideas were. If a team performs well over a period of time and seasons and do well in their league or get promoted to the next league up more people come and watch which creates more revenue through the gates, sponsorships etc. fans,sponsors, and I believe, players want this. No one really gives a stuff if there isn’t an electronic score board. If your team is putting points on a chalkboard we’re happy because they are winning. In 10 years or whatever it’s when IMG and the RFL have screwed our game up even more we will go back to promotion and relegation given on merit of the best and worse teams of each league.

Top
   
 
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Thu Jan 11, 2024 12:50 pm 
Player Coach
Academy Player
User avatar

Joined: Jun 14 2009
Posts: 416
Location: The sweet little hollow of Shayland where new dawns are slowly unfolding.
Greg Florimos Boots wrote:For me we should have gone down the Batley route in pushing for winner of our league getting promoted and bottom team relegated as long as both were B grades.

But yeah on Bradford, I know they look like they are pretty close to been in the mix for promotion but I think when push comes to shove and things are investigated this coming season, they have very little wiggle room and are somewhere near the limit of what they can acheive and I would not be surprised if their score reduced rather than increased. Their accounts at companies house make interesting reading, for instance they do actually have a lot of money in the bank but it seems that is as a result of a large loan and I wonder how the RFL will take thins like that in to account as its clear their debts are rising and their money is dropping.


How long til they go bust again? No sympathy whatsoever...






We shall one day be back where we belong and along shall come the Bulls defectors.

Top
   
 
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Thu Jan 11, 2024 1:39 pm 
Club Coach
International Star
User avatar

Joined: Feb 18 2005
Posts: 9527
Encouraged wrote:How long til they go bust again? No sympathy whatsoever...


On this occasion you can't really blame them, Im sure if someone went to the Fax board and said here is a couple of million then we wouldnt turn them away. They are clearly an unsustainable business though and if their investor pulls out it will be rinse and repeat for them looking at their accounts.







"Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid."― Albert Einstein


"Everybody gets so much information all day long that they lose their common sense." ― Gertrude Stein


"Don't believe everything you read on the internet" ― Abraham Lincoln

Top
   
 
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Thu Jan 25, 2024 1:40 am 
International Star
Fringe Player
User avatar

Joined: Sep 27 2014
Posts: 523
Location: Penang Malaysia
‘Broncos chairman thoughts on IMG facing the reality of relegation before the season has begun.
https://www.bbc.co.uk/sport/rugby-league/68082370
‘Broncos chairman thoughts on IMG facing the reality of relegation before the season has begun.
https://www.bbc.co.uk/sport/rugby-league/68082370






My Humble Opinion Only - let the knockers begin.


Part quote from The Beggars Littany by John Taylor circa 16C

From Hell,Hull and Halifax may the Good Lord deliver us.

Top
   
 
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Thu Jan 25, 2024 8:17 am 
International Star
Club Captain
User avatar

Joined: Nov 05 2011
Posts: 4788
Location: Shuddersfield
the fax in asia wrote:‘Broncos chairman thoughts on IMG facing the reality of relegation before the season has begun.
https://www.bbc.co.uk/sport/rugby-league/68082370

Didn't he/London vote for the IMG proposals?
the fax in asia wrote:‘Broncos chairman thoughts on IMG facing the reality of relegation before the season has begun.
https://www.bbc.co.uk/sport/rugby-league/68082370

Didn't he/London vote for the IMG proposals?






Hear All, See All, Say Nowt.
Eat All, Sup All, Pay Nowt.
And if Tha ever does Owt for Nowt,
Allus do it for Thissen.

Top
   
 
 Post subject: Re: IMG Does the club have a Plan?
PostPosted: Thu Jan 25, 2024 11:26 am 
International Star
Fringe Player
User avatar

Joined: Sep 27 2014
Posts: 523
Location: Penang Malaysia
@ Hudds Shay
Very probably like a turkey at Christmas






My Humble Opinion Only - let the knockers begin.


Part quote from The Beggars Littany by John Taylor circa 16C

From Hell,Hull and Halifax may the Good Lord deliver us.

Top
   
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 130 posts ]  Go to page Previous  1 ... 9, 10, 11, 12, 13





It is currently Fri Nov 22, 2024 3:14 am


Who is online

Users browsing this forum: No registered users and 58 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  


It is currently Fri Nov 22, 2024 3:14 am
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
Recent
2025 Recruitment
Pyrah123
190
Recent
Leeds away first up
PopTart
39
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
54s
Shopping list for 2025
Dave K.
5572
1m
Call for funds
Brew
191
1m
2025 Betfred Super League Fixtures
RLFANS News
1
1m
Noah Booth out on loan
Trojan Horse
18
1m
BORED The Band Name Game
Boss Hog
63207
1m
Pre Season - 2025
UllFC
181
1m
Salford
rubber ducki
8
2m
Film game
karetaker
5600
2m
2025 Recruitment
Pyrah123
190
4m
Salford placed in special measures
FIL
94
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
How many games will we win
Start@1873
1
TODAY
Leigh Leopards - 2025 Fixtures
Cokey
1
TODAY
Catalan Away
happyjack
2
TODAY
2025 Betfred Super League Fixtures
RLFANS News
1
TODAY
2025 fixtures
karetaker
14
TODAY
Fixtures
Start@1873
10
TODAY
Salford
rubber ducki
8
TODAY
WCC Off
NickyKiss
10
TODAY
Leeds away first up
PopTart
39
TODAY
Jake McLoughlin
Wanderer
1
TODAY
Assistant Coach - Langley
The Biffs Ba
28
TODAY
Noah Booth out on loan
Trojan Horse
18
TODAY
Luke Gale testimonial match
BarnsleyGull
2
TODAY
England 5 - 0 Ireland
Sadfish
1
TODAY
Magic Weekend 2025 - Back To Newcastle
RLFANS News
1
NEWS ITEMS
VIEWS
2025 Betfred Super League Fixt..
266
Magic Weekend 2025 - Back To N..
483
England Beat Samoa To Take Tes..
1249
England's Women Demolish The W..
1069
England Beat Samoa Comfortably..
1308
Operational Rules Tribunal –..
1099
IMG-RFL club gradings released..
1357
Wakefield Trinity Win Champion..
1904
Hunslet Secure Promotion After..
2121
Trinity Into Play Off Final Af..
2365
Wigan Warriors Crowned Champio..
1940
York Valkyrie Win Back to Back..
2175
Hunslet Book Relegation Play O..
2642
Penrith Panthers Secure Fourth..
2069
Wigan Humiliate Leigh For Gran..
2147
RLFANS Match Centre
Matches on TV
Thu 13th Feb
SL
20:00
Wigan-Leigh
Fri 14th Feb
SL
20:00
Hull KR-Castleford
SL
20:00
Catalans-Hull FC
Sat 15th Feb
SL
15:00
Leeds - Wakefield
SL
17:30
St.Helens-Salford
Sun 16th Feb
SL
15:00
Huddersfield-Warrington
Thu 20th Feb
SL
20:00
Wakefield - Hull KR
Fri 21st Feb
SL
20:00
Warrington-Catalans
SL
20:00
Hull FC-Wigan
Sat 22nd Feb
SL
15:00
Salford-Leeds
SL
20:00
Castleford-St.Helens
Sun 23rd Feb
SL
14:30
Leigh-Huddersfield
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 29 768 338 430 48
Hull KR 29 731 344 387 44
Warrington 29 769 351 418 42
Leigh 29 580 442 138 33
Salford 28 556 561 -5 32
St.Helens 28 618 411 207 30
 
Catalans 27 475 427 48 30
Leeds 27 530 488 42 28
Huddersfield 27 468 658 -190 20
Castleford 27 425 735 -310 15
Hull FC 27 328 894 -566 6
LondonB 27 317 916 -599 6
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 27 1032 275 757 52
Toulouse 26 765 388 377 37
Bradford 28 723 420 303 36
York 29 695 501 194 32
Widnes 27 561 502 59 29
Featherstone 27 634 525 109 28
 
Sheffield 26 626 526 100 28
Doncaster 26 498 619 -121 25
Halifax 26 509 650 -141 22
Batley 26 422 591 -169 22
Swinton 28 484 676 -192 20
Barrow 25 442 720 -278 19
Whitehaven 25 437 826 -389 18
Dewsbury 27 348 879 -531 4
Hunslet 1 6 10 -4 0
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
Recent
2025 Recruitment
Pyrah123
190
Recent
Leeds away first up
PopTart
39
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
54s
Shopping list for 2025
Dave K.
5572
1m
Call for funds
Brew
191
1m
2025 Betfred Super League Fixtures
RLFANS News
1
1m
Noah Booth out on loan
Trojan Horse
18
1m
BORED The Band Name Game
Boss Hog
63207
1m
Pre Season - 2025
UllFC
181
1m
Salford
rubber ducki
8
2m
Film game
karetaker
5600
2m
2025 Recruitment
Pyrah123
190
4m
Salford placed in special measures
FIL
94
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
How many games will we win
Start@1873
1
TODAY
Leigh Leopards - 2025 Fixtures
Cokey
1
TODAY
Catalan Away
happyjack
2
TODAY
2025 Betfred Super League Fixtures
RLFANS News
1
TODAY
2025 fixtures
karetaker
14
TODAY
Fixtures
Start@1873
10
TODAY
Salford
rubber ducki
8
TODAY
WCC Off
NickyKiss
10
TODAY
Leeds away first up
PopTart
39
TODAY
Jake McLoughlin
Wanderer
1
TODAY
Assistant Coach - Langley
The Biffs Ba
28
TODAY
Noah Booth out on loan
Trojan Horse
18
TODAY
Luke Gale testimonial match
BarnsleyGull
2
TODAY
England 5 - 0 Ireland
Sadfish
1
TODAY
Magic Weekend 2025 - Back To Newcastle
RLFANS News
1
NEWS ITEMS
VIEWS
2025 Betfred Super League Fixt..
266
Magic Weekend 2025 - Back To N..
483
England Beat Samoa To Take Tes..
1249
England's Women Demolish The W..
1069
England Beat Samoa Comfortably..
1308
Operational Rules Tribunal –..
1099
IMG-RFL club gradings released..
1357
Wakefield Trinity Win Champion..
1904
Hunslet Secure Promotion After..
2121
Trinity Into Play Off Final Af..
2365
Wigan Warriors Crowned Champio..
1940
York Valkyrie Win Back to Back..
2175
Hunslet Book Relegation Play O..
2642
Penrith Panthers Secure Fourth..
2069
Wigan Humiliate Leigh For Gran..
2147


Visit the RLFANS.COM SHOP
for more merchandise!












.