Post subject: Re: "who knows what the next 2 or 3 years has in store ?"
Posted: Thu Dec 03, 2009 12:55 pm
Bet Lynch
Club Coach
Joined: Aug 04 2008 Posts: 16983
Nobeerineasthull wrote:I read it as a rallying call for the council, businesses and wider community to back the club. Not that there's anything wrong with that, but he's clearly saying more than "So long as we get 10,000 fans at every home match then everything will be ok".
I agree, however I believe the problem may be that although he runs a successful business, he appears not to be as successful with running the club, I believe this is because he is a fan and it gets personal who knows, however whilst this is happening I am not sure he will get the backing he wants, I believe it would be beneficial for the club to put in some-one who will approach it as a business venture, not be interested in fc and stay focused on their own club without petty rivalry, until this happens I am afraid the problems will carry on and investment will not be so forth coming.
Joined: Apr 17 2005 Posts: 3469 Location: With Hull's only grade "A" SL club.
The Goroka Gene-ius wrote:Lend me your crysal ball/tardis and I will take a peek.
I'll give you a clue, one has a successful, sustainable business plan, the other has spent money they can't pay back and is now begging to anyone who'll listen to bail them out. I'm looking forward to our future, are you doing cartwheels about yours?
Basil Fawlty wrote:The threat to return to the Bullyvard is still very real my friend... and let us see who has small club syndrome then... I hope City do well, England get the world cup and you people will be peppering your pants about your KC departure!
Especialy if, what i heard is true in a meeting last week, that a proposed rent increase on the kc is been considered at some point in the future,from its present ammount to approx 1.8 million.
Hull would be required to cover around one third of the increase which would amount to app 300,000 per annum, this could well be beyond Hulls capabilities and would put them in a situation where they would have to possibly look elsewhere.
Joined: Apr 17 2005 Posts: 3469 Location: With Hull's only grade "A" SL club.
Seventies red wrote:Especialy if, what i heard is true in a meeting last week, that a proposed rent increase on the kc is been considered at some point in the future,from its present ammount to approx 1.8 million. Hull would be required to cover around one third of the increase which would amount to app 300,000 per annum, this could well be beyond Hulls capabilities and would put them in a situation where they would have to possibly look elsewhere.
And so the smc would do what to replace FC's contribution?
Seventies red wrote:Especialy if, what i heard is true in a meeting last week, that a proposed rent increase on the kc is been considered at some point in the future,from its present ammount to approx 1.8 million. Hull would be required to cover around one third of the increase which would amount to app 300,000 per annum, this could well be beyond Hulls capabilities and would put them in a situation where they would have to possibly look elsewhere.
Who told you the neighbours aunty who knows the uncle of a girl who is going out with a boy of one of the people's friend who attended this alleged meeting
Seventies red wrote:Especialy if, what i heard is true in a meeting last week, that a proposed rent increase on the kc is been considered at some point in the future,from its present ammount to approx 1.8 million. Hull would be required to cover around one third of the increase which would amount to app 300,000 per annum, this could well be beyond Hulls capabilities and would put them in a situation where they would have to possibly look elsewhere.
Shocking, By my reckoning that would put us somewhere near break even
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."
Joined: Jul 31 2003 Posts: 36786 Location: Leafy Worcester, home of the Black Pear
Seventies red wrote:Especialy if, what i heard is true in a meeting last week, that a proposed rent increase on the kc is been considered at some point in the future,from its present ammount to approx 1.8 million. Hull would be required to cover around one third of the increase which would amount to app 300,000 per annum, this could well be beyond Hulls capabilities and would put them in a situation where they would have to possibly look elsewhere.
Put the sock away. There is no 'rent' on the KC, for a start.
Hold on to me baby, his bony hands will do you no harm It said in the cards, we lost our souls to the Nameless One
Post subject: Re: "who knows what the next 2 or 3 years has in store ?"
Posted: Thu Dec 03, 2009 1:13 pm
Chris1953
Player Coach
Joined: Dec 04 2008 Posts: 540
Vicenzo wrote:Lets just have a look at this. A club in SL finds it cannot compete at the top level just on gates and sponsorship. In order to maintain their status the directors of the club lend it large amounts of money to enable this. The loans pile up and at some point the directors start wanting their money back. Does this sound familiar to any fans from across the City?
Just missing the end of your little story.... The club then begins to make profit year on year in very lean times... Shame that's the bit your club are missing??
Then the three long years most of the fans have supported the club have been a waste ( oh sorry that bit applies to you )
Post subject: Re: "who knows what the next 2 or 3 years has in store ?"
Posted: Thu Dec 03, 2009 1:26 pm
Diogenes
Player Coach
Joined: Aug 30 2005 Posts: 3231 Location: in a cave
Vicenzo wrote:Lets just have a look at this. A club in SL finds it cannot compete at the top level just on gates and sponsorship. In order to maintain their status the directors of the club lend it large amounts of money to enable this. The loans pile up and at some point the directors start wanting their money back. Does this sound familiar to any fans from across the City?
The flaw in your argument is that the directors are also the shareholders i.e. the owners of the club.
All business owners have to be ready to put money into their business when its needed.
If the director/shareholders want their money back, the business can repay them (as and when it can afford it) or they can sell it to someone else and get their money back that way.
The suggestion that the director/shareholders would simply demand their loans back and wind up the club in order to get it is fanciful as it would render their shares worthless.
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