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PostPosted: Sun Nov 22, 2009 10:12 pm 
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Joined: Jul 15 2005
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Location: West Yorkshire
boomer wrote:Quickly ran through this Codhead post only one link, quoting average loss at 540k, nothing about Giants only speculation.
A Codhead trying to make his club look good over the Rovers.
Not saying clubs are not in trouble financially, but l am sure with Ken Davy´s expert knowledge, re money, he would not let any situation get out of control.
Seriously doubt these figures, especially the Giants. l will wait till l hear it from the horses mouth, or a very creditable source. 8)


You look a bit of a numpty now, fella. Thanks to Adeybull and others for verifying the info I posted, which, incidentally, was from the published accounts at Companies House.

Just as a bit of context, we all know Hull FC have been pants on the field for the last 2 years. However, it's a credit to the club's off-field operations (we have superb retail and community operations) and the loyalty of the supporters that we have now posted profits for 5 years running, selling 50,000 shirts in that time period. In the context of SL, that is an absolutely outstanding performance. If only there were trophies for having a sustainable business model. :wink: :lol:

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 Post subject:
PostPosted: Sun Nov 22, 2009 10:24 pm 
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I know what you're saying but boomer was right in what he says about Ken. Davy knows the club are losing money but he's speculating to accumulate and is fully aware of his position. He's in it for the long haul. Hopefully his gamble will pay off and in the not too distant future the Huddersfield club will be self sustaining like Hull and Leeds.






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 Post subject:
PostPosted: Sun Nov 22, 2009 10:34 pm 
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Baron Greenback wrote:I know what you're saying but boomer was right in what he says about Ken. Davy knows the club are losing money but he's speculating to accumulate and is fully aware of his position. He's in it for the long haul. Hopefully his gamble will pay off and in the not too distant future the Huddersfield club will be self sustaining like Hull and Leeds.


I wish you well with it. FC are very fortunate to have a fan base that hasn't dropped off despite 2 abysmal years, but realistically patience is running thin and I can see attendances dropping off if the results don't improve quickly next season. It seems that you need at least 10,000 averages to break even. Which begs the question what on earth Wigan are doing with the 2nd highest gates but an operating loss of nearly £600,000.

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PostPosted: Mon Nov 23, 2009 12:21 am 
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Mrs Barista wrote:I wish you well with it. FC are very fortunate to have a fan base that hasn't dropped off despite 2 abysmal years, but realistically patience is running thin and I can see attendances dropping off if the results don't improve quickly next season. It seems that you need at least 10,000 averages to break even. Which begs the question what on earth Wigan are doing with the 2nd highest gates but an operating loss of nearly £600,000.


2 x words & 3 letters!

Dave Whelan / JJB.

Whilst under Whelan every piece of merchandise & sponsorship went through his Business operations and not the club.
That's why when it came to the licences we didn't get a "Tick in the Box" for the Minimum Turnover part of the process.
Under the move to Leneghan which took around a year to fully conclude a lot of the assets had to be transferred/purchased by the club etc and it's only now a year or so later we are seeing the changes.
Once the full transition period was/is over I think you'll find we are currently opetrating at about Level.

Then again we could always charge away fans £21/22 like we get charged nearly everyhwere else instead of £15!
That should bring in a bit extra (Nearly another £100 when Huddersfield come! :wink: )






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 Post subject:
PostPosted: Mon Nov 23, 2009 10:58 am 
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Barista , l am not a Numpty l simply said, that what you stated in your initial comments, were not backed up with any real evidence, no links, and in typical RL fashion, romours, my clubs better than your club, very common in Hull. Adybull put some meat on the bones. his post clearly showed a lot of research.
Other posters who seem to know a bit, have demonstrated that Huddersfield Giants are part of a complecated set up, "The Giants", "Sporting Pride", "KSDL". As previously stated, Ken Davy as the founder and former owner of the biggest independent financial advisors, in th UK, has the full backing of every Giants supporter, and we are all certain that he knows exactly what he is in for, and what he is doing 8)






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 Post subject:
PostPosted: Tue Nov 24, 2009 8:55 am 
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Joined: Sep 02 2009
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I dont care how rich you are. You arent going to keep throwing over a million pounds a year at a club, that if it wasnt for being the birthplace of rugby league, no one would really care about.

The alarm bells are ringing






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 Post subject:
PostPosted: Tue Nov 24, 2009 9:07 am 
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Eric_Cartman_is_a_saint wrote:I dont care how rich you are. You arent going to keep throwing over a million pounds a year at a club, that if it wasnt for being the birthplace of rugby league, no one would really care about.

The alarm bells are ringing


5million over 15 years is not 1million a year. 2008 was an extra ordinary year for most clubs as they wanted to secure a Franchise. Something that has been conveniently in this argument.






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 Post subject:
PostPosted: Tue Nov 24, 2009 10:19 am 
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Wadski wrote:5million over 15 years is not 1million a year. 2008 was an extra ordinary year for most clubs as they wanted to secure a Franchise. Something that has been conveniently in this argument.


You are wasted in that office of yours Wadders why dont you come to our club and be our PR man hard a job as it is I am sure you would cope, you never know you might even get paid :lol:

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 Post subject:
PostPosted: Tue Nov 24, 2009 10:28 am 
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chissitt wrote:You are wasted in that office of yours Wadders why dont you come to our club and be our PR man hard a job as it is I am sure you would cope, you never know you might even get paid :lol:


A wise man once warned me off sparkly Topic bars. :wink:

I don't refute the fact we had a bloody awful season but using the figures when the entire SL was in a transitional period and everyone was trying to rapidly get the franchise points is pointless. Every club spent more than they would building an infrastructure that will remain in place for many years.






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