FORUMS FORUMS




  

Home Hull FC westerman



Post new topic Reply to topic  [ 888 posts ]  Go to page Previous  1 ... 20, 21, 22, 23, 24, 25, 26 ... 89  Next
Author Message
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 3:51 pm 
International Chairman
International Chairman
User avatar

Joined: Mar 22 2007
Posts: 30521
Mrs Barista wrote:You claimed the credit will have been poor throughout living memory. That's been debunked, because you made it up.

I think we're sort of agreeing now. Our financial position isn't great and has worsened. The question is how precarious it is. If you believe the filed accounts, which show high levels of indebtedness and losses in this tenure, and credit reports, which isn't pretty and on a downward trajectory, you'd be worried. And maybe reinforcing the point that fans' contributions to the club are on the vital end of the spectrum rather than "nice to have" is a reasonable thing to do. Just saying.



We're not agreeing at all. You perpetuate the myth that we're on the edge of a financial abyss and I say we're not. We appear poles apart to me. If pass ales are down and we disappear in the next 12 months then I'll openly admit you were right. if we're still here in 12 months, operating at full cap and running an U23's team that we don't need to then you can come and admit I'm right again.

As for the credit rating you still haven't answered my question about other clubs with no ground of their own.

I haven't seen the filed accounts, only the balance sheet which doesn't look great but without a knowledge of what is sat behind it is meaningless. For all we know, the bulk of the £2.2m creditor figure may be a loan to pearson






The poor man's bonaire

Top
   
 
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 3:54 pm 
International Chairman
International Chairman
User avatar

Joined: Mar 22 2007
Posts: 30521
jimmyfivebellies wrote:Surely the credit rating would have been affected by Kath leaving Pearson to sort out the six figure tax bill??



It's affected by a number of things but losing money and having no tangible assets means it is always going to be poor. I doubt it is any worse than most of the rest of SL though and in itself isn't any indication of whether the club is about to go pop, despite what some may have you believe






The poor man's bonaire

Top
   
 
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 3:57 pm 
International Star
International Star

Joined: Aug 15 2011
Posts: 5318
I'm sure with bumpy's extra £15 contribution this year we'll have nothing to worry about.






Is Hodgson the new Griffin, or is it all about pace?

Top
   
 
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 4:18 pm 
Player Coach
Club Captain
User avatar

Joined: Oct 07 2006
Posts: 4928
Location: Drypool Bridge - watching out for invaders from the East.
ccs wrote:I'm sure with bumpy's extra £15 contribution this year we'll have nothing to worry about.




:lol: :lol: :lol:






JOHNNY WHITELEY - A TRUE RUGBY LEAGUE LEGEND

Top
   
 
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 5:04 pm 
International Board Member
International Board Member

Joined: Jul 15 2005
Posts: 29812
Location: West Yorkshire
Jake the Peg wrote:We're not agreeing at all. You perpetuate the myth that we're on the edge of a financial abyss and I say we're not. We appear poles apart to me. If pass ales are down and we disappear in the next 12 months then I'll openly admit you were right. if we're still here in 12 months, operating at full cap and running an U23's team that we don't need to then you can come and admit I'm right again.

As for the credit rating you still haven't answered my question about other clubs with no ground of their own.

I haven't seen the filed accounts, only the balance sheet which doesn't look great but without a knowledge of what is sat behind it is meaningless. For all we know, the bulk of the £2.2m creditor figure may be a loan to pearson


What I'm actually saying is this.

The club has lost £1.5m since 2010, lost money last year, is making redundancies and has a credit rating that has worsened appreciably over the last 12 months. I don't see that any of this can be contested. In this context the importance of season pass income to the club IMO is as, if not more, important than it's ever been. In my opinion there's a risk that if the proportion of people not renewing on here is replicated in our fanbase, our ability to operate as a top 8 team will be compromised. Maybe worse.

The bulk of the creditor number is likely to be to AP, of course. There's a note to the accounts that says a going concern basis for their preparation is only feasible because AP says he'll continue to provide backing for the next 12 months; without that backing we wouldn't be a going concern. That's not particularly unusual in RL clubs because of the significant reliance on benefactors by most teams.

As for relevant comparators, who would you suggest? Saints, Leeds, Warrington, Huddersfield and Cas either own their ground or their owners have a controlling stake IIRC. Wigan? Hull KR? Salford? I think Wakey own their ground too.

Top
   
 
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 6:31 pm 
Player Coach
Club Captain
User avatar

Joined: Nov 04 2008
Posts: 4381
Location: if only you knew,you'd be amazed
Mrs Barista wrote:What I'm actually saying is this.

The club has lost £1.5m since 2010, lost money last year, is making redundancies and has a credit rating that has worsened appreciably over the last 12 months. I don't see that any of this can be contested. In this context the importance of season pass income to the club IMO is as, if not more, important than it's ever been. In my opinion there's a risk that if the proportion of people not renewing on here is replicated in our fanbase, our ability to operate as a top 8 team will be compromised. Maybe worse.

The bulk of the creditor number is likely to be to AP, of course. There's a note to the accounts that says a going concern basis for their preparation is only feasible because AP says he'll continue to provide backing for the next 12 months; without that backing we wouldn't be a going concern. That's not particularly unusual in RL clubs because of the significant reliance on benefactors by most teams.

As for relevant comparators, who would you suggest? Saints, Leeds, Warrington, Huddersfield and Cas either own their ground or their owners have a controlling stake IIRC. Wigan? Hull KR? Salford? I think Wakey own their ground too.


Wigans ground owned by Dave Whelan,Rovers have a long term lease (from a Don Robinson initiated company) and Salford is owned by council and Peel Holdings.As for Wakey their ground is owned by the Bank of Ireland






Never mind the bollox,bring on the rugby:

Top
   
 
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 7:02 pm 
International Chairman
ccs wrote:I'm sure with bumpy's extra £15 contribution this year we'll have nothing to worry about.

Can't help yourself can you, inflammatory posts are against the AUP but that's all someone of your type is capable of isn't it, insults & unreasonable posts with sod all substance.
How much I contribute to the club is none of your business but whatever I'm not sure how you worked out £15 but then again your calculations aren't exactly up to much cop with your £2.5million less income nonsense in the other thread.

Top
  
 
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 7:12 pm 
International Star
International Star

Joined: Aug 15 2011
Posts: 5318
knockersbumpMKII wrote:Can't help yourself can you, inflammatory posts are against the AUP.
How much I contribute to the club is none of your business but whatever I'm not sure how you worked out £15 but then again your calculations aren't exactly up to much cop with your £2.5million less income nonsense in the other thread :lol:


Inflammatory? Try reading some of your recent posts if you really want to understand what the word means.

knockersbumpMKII wrote:I'll get a general membership, I'm still struggling to get enthused for next year tbh but it'll be worth it to get the discount on the HullFC live


£60 (FC live)/2 + £45 (general membership) = £75.

So you're paying £15 more than last year.

If I were AP, I know where I'd tell you to stick it, but that would probably upset you, so I won't.






Is Hodgson the new Griffin, or is it all about pace?

Top
   
 
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 9:03 pm 
Player Coach
Player Coach
User avatar

Joined: Jul 25 2008
Posts: 14158
Doesn't really matter what anyone on here says as nobody knows the full details.

What is being said by Pearson is at best a plea and at worst a threat. Even if season passes fell by 1,000 the increase in revenue from sky and the golden handshake for the academy will more than offset it. The increased pressure from the SMC isn't financial and some should remember that.

I'm not sure how Pearson can sanction a 'marquee player' signing in Frank Pritchard then claim the club is going under to the fans. Sika Manu too! Yes a nice addittion, but is another 6-figure salary second rower needed?

It's like ordering a take-away on a Friday and then moaning you've only got beans on toast on a Saturday.

Top
   
 
 Post subject: Re: westerman
PostPosted: Sun Oct 11, 2015 9:20 pm 
International Board Member
International Board Member

Joined: Jul 15 2005
Posts: 29812
Location: West Yorkshire
*1865* wrote:Doesn't really matter what anyone on here says as nobody knows the full details.

What is being said by Pearson is at best a plea and at worst a threat. Even if season passes fell by 1,000 the increase in revenue from sky and the golden handshake for the academy will more than offset it. The increased pressure from the SMC isn't financial and some should remember that.

I'm not sure how Pearson can sanction a 'marquee player' signing in Frank Pritchard then claim the club is going under to the fans. Sika Manu too! Yes a nice addittion, but is another 6-figure salary second rower needed?

It's like ordering a take-away on a Friday and then moaning you've only got beans on toast on a Saturday.


You say that no one knows the full details yet claim definitively there will be no consequences if pass sales are down...

Top
   
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 888 posts ]  Go to page Previous  1 ... 20, 21, 22, 23, 24, 25, 26 ... 89  Next





It is currently Fri Feb 14, 2025 11:39 pm


Who is online

Users browsing this forum: boardwalkempire7, Brid B&W, collywobbles, Dave K., Ellam, FC Callum, Hipflask, Homenaway, hull2524, Irregs#16, Jake the Peg, mogg, mwindass, oooh Gravy!, Seph, Steve0, UllFC, weaver93 and 313 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  


It is currently Fri Feb 14, 2025 11:39 pm
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
2m
Ground Improvements
Shifty Cat
411
17m
TV games not Wire
matt_wire
3702
29m
Leigh h
Cokey
77
34m
HJ Parking
TF and the w
10
39m
Game - Song Titles
BOSS HOG
41709
39m
Sheffield away
faxcar
9
40m
Film game
BOSS HOG
7753
42m
BORED The Band Name Game
BOSS HOG
65010
45m
Catalans Away - 14th Feb
UllFC
268
54m
Round 1 - London H
Bullseye
35
55m
Cas H
Bullseye
70
Recent
Wigan v Sts discussion - THIS THREAD ONLY PLEASE
karetaker
3190
Recent
Hull FC Start Season With Big Away Win At The Catalans
RLFANS News
1
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
0s
Rumours and signings v9
Father Ted
29245
2s
BORED The Band Name Game
BOSS HOG
65010
2s
Game - Song Titles
BOSS HOG
41709
2s
Leeds away first up
FIL
338
4s
Ground Improvements
Shifty Cat
411
7s
Leigh h
Cokey
77
8s
Round 1 - London H
Bullseye
35
9s
Leeds v Wakefield
FlyingScotty
20
14s
Catalans Away - 14th Feb
UllFC
268
19s
TV games not Wire
matt_wire
3702
41s
ALL NEW 49ERS ERA LEEDS UTD THREAD
Trebor1
3079
44s
TV Games - Not Hull
Rugby Raider
3237
48s
Cas H
Bullseye
70
53s
2025 Southstandercom Prediction Competition Week 1
Fathead96
35
1m
Bradford
Deadcowboys1
26
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Hull FC Start Season With Big Away Win At The Catalans
RLFANS News
1
TODAY
HJ Parking
TF and the w
10
TODAY
Squad for Giants
wirecation
12
TODAY
Leigh Leopards Win Golden Point Opener Over Wigan After Scoreless Eighty
RLFANS News
1
TODAY
Vegas - A travelling supporters guide
DannyT
4
TODAY
Squad Numbers 2025
Deadcowboys1
9
TODAY
State of Rugby League
karetaker
13
TODAY
2025 Goalkickers
Wildthing
2
TODAY
Tyson Smoothy
Trojan Horse
5
TODAY
BBC Games
Wollo-Wollo-
1
TODAY
2025 Goal Kickers
Barbed Wire
3
TODAY
Lunatics running the asylum
the-bearded-
3
TODAY
New version of Old Faithful
UllFC
9
TODAY
Andrew Badrock
Binosh
2
TODAY
Digital Season ticket
stpatricks
4
TODAY
Leeds v Wakefield
FlyingScotty
20
TODAY
Sam Burgess article in the Guardian
BOSS HOG
4
TODAY
Squads - Warriors v Leopards
LeythIg
6
TODAY
New Screen
BullPen
4
TODAY
Leigh h
Cokey
77
TODAY
New RL Podcast - Real Class
Trebor1
6
TODAY
Thursdays ref
Frank Bumper
5
TODAY
Post Match Music
Maccbull_Big
11
TODAY
Scurr
dddooommm
20
NEWS ITEMS
VIEWS
Hull FC Start Season With Big ..
74
Leigh Leopards Win Golden Poin..
319
Bradford Bulls Spring Cup Shoc..
647
Hull FC Overcome Brave York Ac..
636
Easy Cup Progress For The Rhin..
683
Easy For Hull KR against Valia..
637
Betfred Super League Season Se..
849
Thirteen Try York Knights Set ..
836
Comfortable Ash Handley Testim..
1474
Workington Town Set Up Leigh L..
1259
Historic Goole Vikings Win Ove..
1323
Thatto Heath Hold On To Set Up..
1500
Army Beat The RAF In Challenge..
1457
Waterhead Warriors Golden Poin..
1551
Four From Rugby League Honoure..
1932
RLFANS Match Centre
Matches on TV
Fri 14th Feb
SL
20:00
Hull KR19-18Castleford
SL
20:00
Catalans4-24Hull FC
Sat 15th Feb
SL
15:00
Leeds - Wakefield
SL
17:30
St.Helens-Salford
Sun 16th Feb
SL
15:00
Huddersfield-Warrington
Thu 20th Feb
SL
20:00
Wakefield - Hull KR
Fri 21st Feb
SL
20:00
Warrington-Catalans
SL
20:00
Hull FC-Wigan
Sat 22nd Feb
SL
15:00
Salford-Leeds
SL
20:00
Castleford-St.Helens
Sun 23rd Feb
SL
14:30
Leigh-Huddersfield
Fri 28th Feb
SL
20:00
Huddersfield-Hull FC
SL
20:00
Hull KR-Salford
SL
20:00
Leigh-Catalans
Sat 1st Mar
SL
14:30
Wakefield - St.Helens
SL
21:30
Wigan-Warrington
Sun 2nd Mar
SL
15:00
Leeds-Castleford
Thu 6th Mar
SL
20:00
Hull FC-Leigh
Fri 7th Mar
SL
20:00
Castleford-Salford
SL
20:00
St.Helens-Hull KR
Fri 14th Feb
SL 1 Hull KR19-18Castleford
SL 1 Catalans4-24Hull FC
Thu 13th Feb
SL 1 Wigan0-1Leigh
Sun 9th Feb
CC2025 3 Bradford18-16Castleford
CC2025 3 Featherstone68-0Ince R
CC2025 3 Hunslet6-34Huddersfield
CC2025 3 Midlands10-46Salford
CC2025 3 Batley24-4Dewsbury
CC2025 3 Crusaders20-26Widnes
CC2025 3 Oldham42-4Barrow
Sat 8th Feb
CC20253 Goole V0-82Wakefield
CC2025 3 Halifax0-14Catalans
CC2025 3 Whitehaven4-44Warrington
CC2025 3 York A6-52Hull FC
CC2025 3 West Hull0-38St.Helens
CC2025 3 Leeds92-0WEST W
Fri 7th Feb
CC2025 3 Sheffield12-48Wigan
CC2025 3 Workington0-60Leigh
CC2025 3 York2-44Hull KR
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
2m
Ground Improvements
Shifty Cat
411
17m
TV games not Wire
matt_wire
3702
29m
Leigh h
Cokey
77
34m
HJ Parking
TF and the w
10
39m
Game - Song Titles
BOSS HOG
41709
39m
Sheffield away
faxcar
9
40m
Film game
BOSS HOG
7753
42m
BORED The Band Name Game
BOSS HOG
65010
45m
Catalans Away - 14th Feb
UllFC
268
54m
Round 1 - London H
Bullseye
35
55m
Cas H
Bullseye
70
Recent
Wigan v Sts discussion - THIS THREAD ONLY PLEASE
karetaker
3190
Recent
Hull FC Start Season With Big Away Win At The Catalans
RLFANS News
1
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
0s
Rumours and signings v9
Father Ted
29245
2s
BORED The Band Name Game
BOSS HOG
65010
2s
Game - Song Titles
BOSS HOG
41709
2s
Leeds away first up
FIL
338
4s
Ground Improvements
Shifty Cat
411
7s
Leigh h
Cokey
77
8s
Round 1 - London H
Bullseye
35
9s
Leeds v Wakefield
FlyingScotty
20
14s
Catalans Away - 14th Feb
UllFC
268
19s
TV games not Wire
matt_wire
3702
41s
ALL NEW 49ERS ERA LEEDS UTD THREAD
Trebor1
3079
44s
TV Games - Not Hull
Rugby Raider
3237
48s
Cas H
Bullseye
70
53s
2025 Southstandercom Prediction Competition Week 1
Fathead96
35
1m
Bradford
Deadcowboys1
26
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Hull FC Start Season With Big Away Win At The Catalans
RLFANS News
1
TODAY
HJ Parking
TF and the w
10
TODAY
Squad for Giants
wirecation
12
TODAY
Leigh Leopards Win Golden Point Opener Over Wigan After Scoreless Eighty
RLFANS News
1
TODAY
Vegas - A travelling supporters guide
DannyT
4
TODAY
Squad Numbers 2025
Deadcowboys1
9
TODAY
State of Rugby League
karetaker
13
TODAY
2025 Goalkickers
Wildthing
2
TODAY
Tyson Smoothy
Trojan Horse
5
TODAY
BBC Games
Wollo-Wollo-
1
TODAY
2025 Goal Kickers
Barbed Wire
3
TODAY
Lunatics running the asylum
the-bearded-
3
TODAY
New version of Old Faithful
UllFC
9
TODAY
Andrew Badrock
Binosh
2
TODAY
Digital Season ticket
stpatricks
4
TODAY
Leeds v Wakefield
FlyingScotty
20
TODAY
Sam Burgess article in the Guardian
BOSS HOG
4
TODAY
Squads - Warriors v Leopards
LeythIg
6
TODAY
New Screen
BullPen
4
TODAY
Leigh h
Cokey
77
TODAY
New RL Podcast - Real Class
Trebor1
6
TODAY
Thursdays ref
Frank Bumper
5
TODAY
Post Match Music
Maccbull_Big
11
TODAY
Scurr
dddooommm
20
NEWS ITEMS
VIEWS
Hull FC Start Season With Big ..
74
Leigh Leopards Win Golden Poin..
319
Bradford Bulls Spring Cup Shoc..
647
Hull FC Overcome Brave York Ac..
636
Easy Cup Progress For The Rhin..
683
Easy For Hull KR against Valia..
637
Betfred Super League Season Se..
849
Thirteen Try York Knights Set ..
836
Comfortable Ash Handley Testim..
1474
Workington Town Set Up Leigh L..
1259
Historic Goole Vikings Win Ove..
1323
Thatto Heath Hold On To Set Up..
1500
Army Beat The RAF In Challenge..
1457
Waterhead Warriors Golden Poin..
1551
Four From Rugby League Honoure..
1932


Visit the RLFANS.COM SHOP
for more merchandise!












.