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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 1:40 pm 
Club Coach
Club Captain
User avatar

Joined: Apr 17 2005
Posts: 3469
Location: With Hull's only grade "A" SL club.
Tarquin Fuego wrote:To the tune of Band Aid and do they know it Xmas time ?

It's crisis time,
and Hudgell is afraid,
at crisis time, we leave saltend and and sign no big names
and in their world of plenty, kath and rule sit back and laugh,
please can you spare a bit of change, at crisis time?

but say a prayer,
pray for hudge and co.
at crisis time, its hard when your having fun,
there's a place down Preston Road,
and it's a place of dread and fear
where the only money coming, is a crappy sponsorship deal,
and the 60 quid per head, from the gullable red and white fools
so tonight thank god its them, instead of you.

And there won't be profit in East Hull this crisis year
and they cant afford to keep on paying cooke,
oooh, but all the red and whites
keep burying their heads,
do they know its crisis time at all?

Not my words but a very funny poster on FC

Class. :CLAP: :CLAP: :CLAP:






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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 1:57 pm 
Player Coach
First Team Player

Joined: Dec 22 2007
Posts: 1421
Roofs wrote:Apparantly the Hold Rd shop isn't even open today for last-minute buying, that's really gonna help isn't it. :x


Just backs up one of Mrs Bs core arguments I'm afraid :oops:

Couple of questions...

Are the players contract payments shown as short term liabilities? If so wouldn't this account for a large portion of the £2.2m quoted?

If the accounts are up to 30/11/2008 doesn't that mean that the deadline for payments due within 12 months has already passed?






"I've been rich & I've been poor. Rich is better." DLR

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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 2:13 pm 
Player Coach
Player Coach

Joined: Mar 05 2007
Posts: 13190
Location: Hedon (sometimes), sometimes Premier Inn's
If the directors call their loans in they will get nowt, so they are highly unlikely to do so are they. It paper debt and will be handled over the coming years, lets face it Hudge, Rob Crossland and the latest recruit (forgot his name) have built highly successful businesses which has been done with astute business sense and not by accident.

I know nothing about accounting, but couldn't we put a value on each player and add this to the balance sheet, you never know, it might put us in profit :D






'when my life is over, the thing which will have given me greatest pride is that I was first to plunge into the sea, swimming freely underwater without any connection to the terrestrial world'

Yves Le Prieur, the real inventor of the aqualung

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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 2:19 pm 
Club Owner
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Joined: Mar 27 2004
Posts: 17356
rover49 wrote:If the directors call their loans in they will get nowt, so they are highly unlikely to do so are they. It paper debt and will be handled over the coming years, lets face it Hudge, Rob Crossland and the latest recruit (forgot his name) have built highly successful businesses which has been done with astute business sense and not by accident.

I know nothing about accounting, but couldn't we put a value on each player and add this to the balance sheet, you never know, it might put us in profit :D


only part of the sentence that is correct! adding a value to the players does nothing to the profit and loss.

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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 2:25 pm 
Player Coach
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Joined: Jul 23 2008
Posts: 2219
Location: Elwood Avenue: No. 16
I understand the peppercorn rent for City and FC is over- next season FC will be charged 600k for tenancy!






https://freesolicitoradvice.co.uk/

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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 2:29 pm 
Club Owner
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Joined: Mar 27 2004
Posts: 17356
Basil Fawlty wrote:I understand the peppercorn rent for City and FC is over- next season FC will be charged 600k for tenancy!


myth, we only had a rent/terms review about 2 years ago, and we only have them every 5 years.

as is well known, a large part of our deal is based on crowd % rather than a flat figure anyway

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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 2:34 pm 
Player Coach
First Team Player
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Joined: Jul 23 2008
Posts: 2219
Location: Elwood Avenue: No. 16
UllFC wrote:myth, we only had a rent/terms review about 2 years ago, and we only have them every 5 years.

as is well known, a large part of our deal is based on crowd % rather than a flat figure anyway


Thanks for that James - can you put that in writing ( non-invisable ink please) 8)






https://freesolicitoradvice.co.uk/

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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 3:30 pm 
Player Coach
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Joined: Aug 14 2005
Posts: 14302
Location: On the Death Star Awaiting Luke.
fcimp wrote:Class. :CLAP: :CLAP: :CLAP:
It would be it were all true.






If you only knew the POWER of the dark side.

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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 3:35 pm 
Player Coach
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Joined: Sep 18 2005
Posts: 8742
Location: 2017 City of Culture
Roofs wrote:Apparantly the Hold Rd shop isn't even open today for last-minute buying, that's really gonna help isn't it. :x


It was open 9am-1pm, as is the case at other, better run establishments in the same line of business!

http://www.hullkr.co.uk/article.php?id=655
Roofs wrote:Apparantly the Hold Rd shop isn't even open today for last-minute buying, that's really gonna help isn't it. :x


It was open 9am-1pm, as is the case at other, better run establishments in the same line of business!

http://www.hullkr.co.uk/article.php?id=655

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 Post subject: Re: Rovers 2008 Accounts
PostPosted: Thu Dec 24, 2009 4:12 pm 
Player Coach
New Signing

Joined: Nov 18 2009
Posts: 59
hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahah

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