Joined: Jul 15 2005 Posts: 29816 Location: West Yorkshire
Paul Youane wrote:So that puts Warrington behind Leeds. What are Hull's net assets? What is the value of director's loans at Hull?
So you admit that your rather bullish statement that Warrington is the most robust financial entity in the league was wrong, then?
We don't own our stadium, we pay a rent, so don't have any fixed assets - it's not the same business model. We have made profits for the last 5 (might be 6) years and according to our CEO don't owe the directors anything, the loans have been repaid off the back of the aforementioned profitable trading. Warrington Wolves rugby league-playing activities' financials are included in the accounts of The Warrington Football Club Limited, of course. You know, the ones that have the note to the accounts that says a going concern basis is appropriate because of the support of the group company, and has net liabilities of £2.8m.
Mrs Barista wrote:Utter garbage. Hull FC made a profit last year as we have done for the last 5 years. Castleford also made a profit. As did Widnes, actually.
What is Hull's actual company name? I wouldn't mind a quick look at the accounts but Hull Football Club Limited was dissolved in 1995.
Joined: Jul 15 2005 Posts: 29816 Location: West Yorkshire
Paul Youane wrote:What is Hull's actual company name? I wouldn't mind a quick look at the accounts but Hull Football Club Limited was dissolved in 1995.
Hull Super League Limited. Have a look at 2003 and compare to 2009. Steady and self-funded progress.
Joined: Jul 15 2005 Posts: 29816 Location: West Yorkshire
east hull FC fan wrote:He's either very dumb not putting 2 and 2 together with Hull SuperLeague LTD being close on the list or he was just having a dig.
Sulking after being shown up by his bollox statement on Warrington's finances being better than Leeds
The Angry Pirate wrote:Either will do....To be honest, I'm expecting both to be total fabrication....
You are most probably fully adherent to the cap, but the fact you club has such an extraodinary International playing roster from 1 - 17 is going to generate accusation, and not just on this board.
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