Post subject: Re: "who knows what the next 2 or 3 years has in store ?"
Posted: Thu Dec 03, 2009 2:58 pm
Mild Rover
Moderator
Joined: Jun 01 2007 Posts: 12664 Location: Leicestershire.
berrigans bitch wrote:That is the crux, to survive in top flight it has to be viewed as a business in order to survive, he may be great for the fans mixing in the east stand, on occasions passing remarks about his rivals (fc), kr fans love all this, nice and cosy..however he is losing half a million a year!! would you not sooner have more financial stability some-one who has no interest in us and is only focused on your club,or are you happy Hudge who loves to get one over his rivals and imo overspends in his quest to do this, Cooke, Dobson
That may be true for Rovers, going forward, but the fact 11 teams (I'll discount Bradford's very small loss this year) are losing money, shows that clubs are often not viewed as a business, were profitability is paramount. They have often been and will likely continue to be a way for wealthy men to get their kicks, in many cases.
The link you seem to be making between the losses and NH's keeness to get one over on Hull, is a false one. They are not linked. Signing Cooke added quality to a squad struggling against relegation and Dobson was hardly a luxury signing - we need a SH and he has turned out to be a good 'un. If it hadn't been them, it would have been somebody else on a similar wage.
As for the businessman/fan approach - whichever works at the time. If the club needs to tighten its belt in coming seasons, so be it. A period of consolidation after one of rapid growth would not be the greatest hardship.
Post subject: Re: "who knows what the next 2 or 3 years has in store ?"
Posted: Thu Dec 03, 2009 3:00 pm
Tarquin Fuego
Club Owner
Joined: Feb 03 2004 Posts: 3738 Location: United Kingdom
Mild Rover wrote:You're assuming an investment budget of £0. And unless you are wealthy (ie would be willing and able to spend £1.35 million over 3 years), no you couldn't. On the other hand, I'm pretty confident that given a council-built state of the art stadium and a team that had just been to Old Trafford, that I could have matched the performance of Hull board over the same 3 year period.
I do look at Widnes - they are a very good comparator. They were rescued from administration by a wealthy benefactor in 2007. They have have a lovely, but rarely very full, stadium that was built in partnership with Halton Borough Council, where they host their Championship and NRC fixtures. All of which reflects rather well on the Stewardship of NH, IMO.
The team has done well and that has been crucial making the club more than mere SL makeweights. In fact many clubs use the performance of their team as an important metric of success.
You ask how I can say he has done a good job. Well look at where the club were when he started and look where they are now. I'm hardly a lone voice in the wilderness on this:
He has racked up massive , ever increasingy seemingly unrepayable , LOSSES. If the team doesn't perfrm so well this year then the extension in East stand will be pointless and another LOSS will be recorded again. My whole point is that he seems like someone wanting to get out as I have never heard so much from him in the media, about how 'tough' the job is and how he has thought many times about getting out.
I think he would like to be a BIG fan of the club , enjoying corporate hospitality every week , but not responsible for running it anymore as it is a ballache of a job handling losses.
Joined: Jan 31 2006 Posts: 1209 Location: Living life in the slow lane.
How many sporting clubs break even? Most of the premiership football teams don't. Any one putting money into a team will not expect to get it back; If you can find someone else to share the expenditure the that's what you'll try and do.
Post subject: Re: "who knows what the next 2 or 3 years has in store ?"
Posted: Thu Dec 03, 2009 3:02 pm
Bet Lynch
Club Coach
Joined: Aug 04 2008 Posts: 16983
Mild Rover wrote:That may be true for Rovers, going forward, but the fact 11 teams (I'll discount Bradford's very small loss this year) are losing money, shows that clubs are often not viewed as a business, were profitability is paramount. They have often been and will likely continue to be a way for wealthy men to get their kicks, in many cases. The link you seem to be making between the losses and NH's keeness to get one over on Hull, is a false one. They are not linked. Signing Cooke added quality to a squad struggling against relegation and Dobson was hardly a luxury signing - we need a SH and he has turned out to be a good 'un. If it hadn't been them, it would have been somebody else on a similar wage. As for the businessman/fan approach - whichever works at the time. If the club needs to tighten its belt in coming seasons, so be it. A period of consolidation after one of rapid growth would not be the greatest hardship.
really..not sure that is the view by your board..Celtic not happening though he turned it down
Post subject: Re: "who knows what the next 2 or 3 years has in store ?"
Posted: Thu Dec 03, 2009 3:04 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?
So which is better - for a club (or any business) to owe money to its owners or to owe money to external creditors, such as a bank?
Joined: Jan 31 2009 Posts: 959 Location: In the Mystery Machine
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!
Think there is the little matter of the lease at the KC to overcome first!
Post subject: Re: "who knows what the next 2 or 3 years has in store ?"
Posted: Thu Dec 03, 2009 3:15 pm
Mild Rover
Moderator
Joined: Jun 01 2007 Posts: 12664 Location: Leicestershire.
Tarquin Fuego wrote:He has racked up massive , ever increasingy seemingly unrepayable , LOSSES. If the team doesn't perfrm so well this year then the extension in East stand will be pointless and another LOSS will be recorded again. My whole point is that he seems like someone wanting to get out as I have never heard so much from him in the media, about how 'tough' the job is and how he has thought many times about getting out. I think he would like to be a BIG fan of the club , enjoying corporate hospitality every week , but not responsible for running it anymore as it is a ballache of a job handling losses.
Link for the bit in bold?
At some point he will want to pass the reins on, I'm sure. It must be a very demanding job and being just a fan will no doubt be easier and more fun. At that point he may, along with Crossland, stop pouring in cash - and then the club may very well have to operate as break even business, at least.
Joined: Oct 26 2007 Posts: 2570 Location: East Hull is Wonderful
fcimp wrote: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?
What a divvy you are,
1, where have Rovers borrowed money from?
2,Can't pay back? do you realise libel is against the law!
3, I used to be the sports portfolio holder for sports development on the council and your Chairwoman, current CEO and Mr Plummer came to my office to ask for £1/2m, just 3 yrs ago, so don't talk to me about begging. unlike most of your unsubstantiated crap I can prove my comments.
And under the freedom of information act, write to the council and ask for the paper work surrounding the sale of the boulevard, you will find out what the true description of begging is then.
Barton Flyer wrote:texted my son to say light at the end of the tunnel, unfortunately it was a train coming! Re:- Rovers v Salford 29/03/09
HFC Boy wrote:Hull FC have not risen to the Challenge of Hull KR .
Success consists of getting up just one more time than you've fallen down.
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really..not sure that is the view by your board..Celtic 
not happening though he turned it down 
Think there is the little matter of the lease at the KC to overcome first! 
