Post subject: Re: Pearson interview on club finances and future
Posted: Fri Jul 09, 2021 2:53 pm
UllFC
Club Owner
Joined: Mar 27 2004 Posts: 17285
Keiththered wrote:We do very nicely from concerts, bars etc thank you very much. Only COVID-19 has stopped those sources of income. Not only do we utilise the ground but the car park as well.
Rovers have done well in improving what was a poor ground and yes have started to carve out a niche for concerts as there aren't any other 10-15k sized stadiums around, only Donny. The KCOM/MKM is too big for a lot of music acts, even without the Allam issues. I also think Rovers idea of having beer stalls and food at one end is a good idea.
But while you seem to have a good and steady deal with the council, the ownership hasn't been transferred yet and you're in the same boat as most SL teams in needing an owner to cover losses.
Post subject: Re: Pearson interview on club finances and future
Posted: Fri Jul 09, 2021 3:06 pm
Rugby Raider
Player Coach
Joined: May 02 2010 Posts: 1464 Location: Playing League on The Close
Keiththered wrote:I did not suggest that we were doing well financially as a club. I said we were able to benefit from the extraneous income streams that you mentioned in your origin post when you said other than Saints and Leeds clubs could not. Looking at other posts you do not even appear to be correct about Leeds’ situation.
No one is celebrating. Once again, your point of view is challenged, hey presto let’s introduce yet another topic.
I didn’t write the other posts about St Helens and Leeds.
In summary our posts both conclude that Rovers have the ability to generate other income from their ground that other clubs, including Hull, can’t. Rovers, like other clubs, are still financially dependent on owners or other parties.
Post subject: Re: Pearson interview on club finances and future
Posted: Fri Jul 09, 2021 3:12 pm
Thetalentboy
International Board Member
Joined: Feb 23 2003 Posts: 5518 Location: Hull
Rugby Raider wrote:I didn’t write the other posts about St Helens and Leeds.
In summary our posts both conclude that Rovers have the ability to generate other income from their ground that other clubs, including Hull, can’t. Rovers, like other clubs, are still financially dependent on owners or other parties.
I think even football clubs are dependent on owners
Huge clubs like man utd running up 100s of millions of debt a year on year due to ridiculous wages/transfers even they can't afford it in the real world
Clubs like Bury, Macclesfield etc going to the wall in recent years
FC TILL I DIE! [quote="Neil HFC"]Hull Kingston Rovers - Pride of Hull FC's B Team.[/quote] Hull City Kings of Yorkshire 1. Hull City 2. Middlesbrough 3. Barnsley 4. Doncaster 5. Leeds Utd 6. Sheff Wednesday 7. Sheff Utd 8. Huddersfield
Post subject: Re: Pearson interview on club finances and future
Posted: Fri Jul 09, 2021 3:57 pm
UllFC
Club Owner
Joined: Mar 27 2004 Posts: 17285
Thetalentboy wrote:I think even football clubs are dependent on owners
Huge clubs like man utd running up 100s of millions of debt a year on year due to ridiculous wages/transfers even they can't afford it in the real world
Clubs like Bury, Macclesfield etc going to the wall in recent years
Man United's owners have deliberately saddled the club with debt to then gain an income from loans to themselves, same situation at Hull City on a smaller scale.
Footballs biggest problem is everyone gambling to get promoted or get into the Champions League etc they all think 'one more big signing' and get carried away.
Anyway back to FC: Leeds game moved to Thursday night for TV doesnt help the coffers. First game back not on TV and on a Friday would have drawn another few thousand in. It does however give us another days rest before Saints on the Monday.
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