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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 8:30 am 
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Mrs Barista wrote:I'm not ranting about Rovers accounts, I'm saying Mullan is a journalistically challenged halfwit who wouldn't know a piece of independent and relevant context if it bit him on the @rse. This applies equally to his rugby league exclusives and his rather poor financial article today.

The Article is by Paul Baxter the Sports Editor

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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 8:42 am 
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Aldy wrote:The Article is by Paul Baxter the Sports Editor


That just makes it worse! :lol:






If there is no struggle, there is no progress. Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle.

Frederick Douglas

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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 9:17 am 
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Thinking about, Salford's swing from '08 to '09 will just be down to playing in different divisions in those two years, most likely.






'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.

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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 9:35 am 
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pmh wrote:Indeed, I've no idea how they've managed that (although I'm sure uncle John has had a rather heavy influence) but as well as significantly strengthening their position, this could well be (especially when their results come out) yet another nail in Wakey's coffin.

It really does appear that they've had a very definite on and off field plan. 1) Accept being poor on the field and take the inevitable hit on crowds for a few seasons to save money. 2) Make sure your new ground is definitely going to be ready for the next round of licences no doubt helped by the cap money you've saved. 3) Sign some name players to start to ramp up interest before the new stadium opens, whilst showing you can afford it on the previous results. 4) Move to the new ground and enjoy the undoubted rise in attendances which will no doubt help to facilitate a whole new list of signings.

A really interesting blue print for growth from one of the leagues current smaller clubs. Good luck to them.


Agreed - but I think the bit I've underlined is a something of a red herring. Stadiums cost massive amounts of cash and it is near impossible for RL clubs (Leeds apart) to self fund. I'm paraphrasing - but only slightly - when recalling a Hull fan asking something like - 'Instead of wasting all that money on Paul Cooke, why didn't you focus on building the North Stand rather than going to the council with the begging bowl'. For a single modern end stand we're looking at about £6 million I think - 4 years salary cap near enough, or Hull FC's profits for 78 years (extrapolating from 2009).






'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.

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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 10:53 am 
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Roverswall wrote:I'm a shareholder I dont mind a squat.
I would imagine more than enough would agree.


I'm sure you're correct. Rovers board will have given due consideration to this.

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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 10:57 am 
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Roverswall wrote:I'm a shareholder I dont mind a squat.
I would imagine more than enough would agree.


Forgot to ask too, as a shareholder are you able to answer my earlier questions about how existing shareholders were consulted and how this would effect you? Do you know anything about how it's effecting the directors with loans and what kind of rate they are getting re transferring credit to shares?

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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 12:07 pm 
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So Mullen is a cr@p journo, and Rovers are still skint....nothing new here then :lol:






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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 12:14 pm 
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berrigans bitch wrote:So Mullen is a cr@p journo, and Rovers are still skint....nothing new here then :lol:


We're reliant on ongoing support from our directors, which is different to skint.

Mullen is paid to write, we give it away. Who is the fool? :wink:






'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.

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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 12:17 pm 
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Mild Rover wrote:We're reliant on ongoing support from our directors, which is different to skint.

Mullen is paid to write, we give it away. Who is the fool? :wink:

:HAND:

Getting a bit too technical for me this now :wink: ....I am exiting the thread I find it boring anyway :wink: :lol:






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 Post subject: Re: Rovers reveal accounts
PostPosted: Fri Oct 15, 2010 12:23 pm 
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berrigans bitch wrote::HAND:

Getting a bit too technical for me this now :wink: ....I am exiting the thread I find it boring anyway :wink: :lol:


It was great until you showed up. :wink:






If there is no struggle, there is no progress. Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground. They want rain without thunder and lightning. They want the ocean without the awful roar of its many waters. This struggle may be a moral one; or it may be a physical one; or it may be both moral and physical; but it must be a struggle.

Frederick Douglas

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