FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!

  

Home Hull FC Building the Club- securing financial stability



Post new topic Reply to topic  [ 63 posts ]  Go to page Previous  1, 2, 3, 4, 5 ... 7  Next
Author Message
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sat Jan 06, 2024 2:58 pm 
Fringe Player
Fringe Player
User avatar

Joined: Sep 02 2023
Posts: 809
Good read tbh and good to see that we may be back on a even keel come August one the last Covid payment has been paid,I think some fans haven’t realised how much of a impact this has had on the club.People bang on about Pearson,yes he has made mistakes but by god,we are far better having him and his goods far outweigh the bad.I await the numptys coming on saying we are skint blah blah and need Pearson to go.Looks as though he is looking for investment and if it helps him and club then good.

Top
   
 
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sat Jan 06, 2024 3:48 pm 
Club Owner
Club Coach
User avatar

Joined: Mar 27 2004
Posts: 17278
Mrs Barista wrote:Yes that's what I'd assume. I guess there are 3 leases in play - head lease between Council and SMC, sublease between SMC and City and sublease between SMC and FC. Not sure how the sequencing would work on these, nor whether they all have the same expiry dates. Either way can't see any substantial investment incoming unless/until this security is in place.


The SMCs deal was 50 years, whether there are any review points before that I dont know. No idea what City's lease term is either but of course they and the SMC are essentially the same thing.

Top
   
 
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sat Jan 06, 2024 8:19 pm 
Player Coach
International Star
User avatar

Joined: Dec 07 2005
Posts: 7395
UllFC wrote:The SMCs deal was 50 years, whether there are any review points before that I dont know. No idea what City's lease term is either but of course they and the SMC are essentially the same thing.


Quite right when the lease was agreed it was for 50 years, (something that was part of the governments agreement to the Council being allowed to spend some of the capital receipts they had received from the sale of Hull Telephones shares to build the stadium) however to safeguard the two clubs should they fall on hard times or should circumstances change on either side (the clubs or the council) it was decided by the council and the clubs that it would be a good idea to review the terms after 25 years, it was hoped that would benefit the clubs but as things stand now it could be quite the opposite. At least the climate has changed somewhat now the Allam's have gone, because I believe Adam felt that they would try and get us out at that point.






2016 The Year of the Airlie Bird -on sale NOW, price £15, BUY THE BOOK RE-LIVE THE DREAM!

Top
   
 
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sat Jan 06, 2024 11:57 pm 
International Star
Club Captain

Joined: Jan 13 2012
Posts: 3065
Gas, water, electricity, insurance and wages have all gone through the roof since AP put your lease in place, surely he can't be that confident of renegotiating better terms.

Top
   
 
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sun Jan 07, 2024 6:25 am 
International Star
Club Captain
User avatar

Joined: Feb 26 2012
Posts: 4771
Location: Hull
bishops finger wrote:Gas, water, electricity, insurance and wages have all gone through the roof since AP put your lease in place, surely he can't be that confident of renegotiating better terms.

Better terms doesn't just mean cost though. We could end up paying more, but being given more freedom with the stadium, which in turn could offset the higher rent. An example would be been able to have a home friendly every year, or the way food/drink takings are shared out.
While AP will no doubt want to keep rent costs as low as possible, there will be a lot more to discuss than just rent costs.

Top
   
 
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sun Jan 07, 2024 9:05 am 
Fringe Player
Junior Player

Joined: Apr 17 2022
Posts: 116
I can't help but feel that as a club we fail to organise our support base to it's fullest financial potential. I know our pass, ticket and merchandise sales are up there but there must be at least 1000 more ardent / affluent supporters who would be prepared to pay into a share scheme (not necessarily for dividend but for love of the club)? Have we ever investigated this type of revenue stream?

Top
   
 
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sun Jan 07, 2024 9:51 am 
Club Owner
Club Coach
User avatar

Joined: Mar 27 2004
Posts: 17278
bishops finger wrote:Gas, water, electricity, insurance and wages have all gone through the roof since AP put your lease in place, surely he can't be that confident of renegotiating better terms.


Yes but equally the SMC wont find the approx 15 days of revenue we bring in if we left. The stadium is now old, theyve tried and failed with concerts and it isnt 1st choice for proms, weddings etc like it was when it opened. It would sit empty most weeks if only City played there.

Top
   
 
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sun Jan 07, 2024 9:52 am 
Club Owner
Club Coach
User avatar

Joined: Mar 27 2004
Posts: 17278
EtonStreetRifle wrote:I can't help but feel that as a club we fail to organise our support base to it's fullest financial potential. I know our pass, ticket and merchandise sales are up there but there must be at least 1000 more ardent / affluent supporters who would be prepared to pay into a share scheme (not necessarily for dividend but for love of the club)? Have we ever investigated this type of revenue stream?


Agree, also with the current situation of paying off the Covid loan they could have looked at selling 2 or 3 year passes to get revenue in early.

Top
   
 
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sun Jan 07, 2024 1:33 pm 
Moderator
Moderator
User avatar

Joined: Jan 30 2004
Posts: 8178
Location: Never never land away with the fairies
UllFC wrote:Yes but equally the SMC wont find the approx 15 days of revenue we bring in if we left. The stadium is now old, theyve tried and failed with concerts and it isnt 1st choice for proms, weddings etc like it was when it opened. It would sit empty most weeks if only City played there.


I think a lot of the issues with the lack of use of the Stadium by other & non sporting possibilities such as concerts, weddings, events etc can be laid at the foot of the SMC under the reign of the Allams.

The personal feelings seemed to me to take precident on what was/wasn’t done rather than what was beneficial for actual Stadium. It certainly changed when they fell out with just about everyone involved such as the city council, AP etc as shown by kicking out the community groups from the Arena and all the other tricks that then came along etc.

It was as if the Allam’s ran the SMC at that time was doing everything it could to hamper/hinder the Stadium rather than anything positive due to pettiness for not being handed the Stadium or the surrounding land for nothing.

The stadium can not exist sufficiently unless the SMC maximise its use and its something that needs addressing.






I really enjoy long walks especially when they are taken by people I don't like!

Top
   
 
 Post subject: Re: Building the Club- securing financial stability
PostPosted: Sun Jan 07, 2024 4:34 pm 
Club Owner
Club Coach
User avatar

Joined: Mar 27 2004
Posts: 17278
Chris71 wrote:I think a lot of the issues with the lack of use of the Stadium by other & non sporting possibilities such as concerts, weddings, events etc can be laid at the foot of the SMC under the reign of the Allams.

The personal feelings seemed to me to take precident on what was/wasn’t done rather than what was beneficial for actual Stadium. It certainly changed when they fell out with just about everyone involved such as the city council, AP etc as shown by kicking out the community groups from the Arena and all the other tricks that then came along etc.

It was as if the Allam’s ran the SMC at that time was doing everything it could to hamper/hinder the Stadium rather than anything positive due to pettiness for not being handed the Stadium or the surrounding land for nothing.

The stadium can not exist sufficiently unless the SMC maximise its use and its something that needs addressing.


The SMC having to share profits with the council doesnt help matters. I can what the council were thinking a nice stream of revenue from events...but corporate business think creatively and the SMC have maybe thought 'who bother gambling on booking a concert if we have to split the profits?'

Top
   
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 63 posts ]  Go to page Previous  1, 2, 3, 4, 5 ... 7  Next





It is currently Fri Nov 22, 2024 9:14 am


Who is online

Users browsing this forum: bellyboy, Chris71, Dave K., Funk-Doc, Hasbag, Irregs#16, Jake the Peg, Marcus's Bicycle, mogg, mwindass, NSW, oooh Gravy! and 246 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 Nov 22, 2024 9:14 am
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
3m
Catalan Away
Dannyboywt1
4
4m
Rumours and signings v9
NSW
28894
12m
Game - Song Titles
Boss Hog
40723
14m
BORED The Band Name Game
Boss Hog
63213
15m
Film game
Boss Hog
5606
22m
Pre Season - 2025
number 6
182
33m
Fixtures
Trojan Horse
12
39m
Fixtures 2025
number 6
62
58m
WCC Off
Choc Ice
11
Recent
Leigh Leopards - 2025 Fixtures
ColD
2
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
29s
Transfer Talk V5
Whino4life
497
30s
BORED The Band Name Game
Boss Hog
63213
31s
2025 Kit
Wigan Bull
12
39s
Film game
Boss Hog
5606
48s
Noah Booth out on loan
Trojan Horse
18
50s
Game - Song Titles
Boss Hog
40723
57s
Pre Season - 2025
number 6
182
1m
Leigh Leopards - 2025 Fixtures
ColD
2
1m
Fixtures
Trojan Horse
12
1m
Dual Reg
financialtim
6
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
How many games will we win
REDWHITEANDB
2
TODAY
Leigh Leopards - 2025 Fixtures
ColD
2
TODAY
Catalan Away
Dannyboywt1
4
TODAY
2025 Betfred Super League Fixtures
RLFANS News
1
TODAY
2025 fixtures
karetaker
14
TODAY
Fixtures
Trojan Horse
12
TODAY
Salford
rubber ducki
8
TODAY
WCC Off
Choc Ice
11
TODAY
Leeds away first up
PopTart
39
TODAY
Jake McLoughlin
Wanderer
1
TODAY
Assistant Coach - Langley
The Biffs Ba
28
TODAY
Noah Booth out on loan
Trojan Horse
18
TODAY
Luke Gale testimonial match
BarnsleyGull
2
TODAY
England 5 - 0 Ireland
Sadfish
1
TODAY
Magic Weekend 2025 - Back To Newcastle
RLFANS News
1
NEWS ITEMS
VIEWS
2025 Betfred Super League Fixt..
289
Magic Weekend 2025 - Back To N..
499
England Beat Samoa To Take Tes..
1252
England's Women Demolish The W..
1077
England Beat Samoa Comfortably..
1316
Operational Rules Tribunal –..
1104
IMG-RFL club gradings released..
1362
Wakefield Trinity Win Champion..
1908
Hunslet Secure Promotion After..
2125
Trinity Into Play Off Final Af..
2369
Wigan Warriors Crowned Champio..
1943
York Valkyrie Win Back to Back..
2178
Hunslet Book Relegation Play O..
2644
Penrith Panthers Secure Fourth..
2071
Wigan Humiliate Leigh For Gran..
2150
RLFANS Match Centre
Matches on TV
Thu 13th Feb
SL
20:00
Wigan-Leigh
Fri 14th Feb
SL
20:00
Hull KR-Castleford
SL
20:00
Catalans-Hull 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
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 29 768 338 430 48
Hull KR 29 731 344 387 44
Warrington 29 769 351 418 42
Leigh 29 580 442 138 33
Salford 28 556 561 -5 32
St.Helens 28 618 411 207 30
 
Catalans 27 475 427 48 30
Leeds 27 530 488 42 28
Huddersfield 27 468 658 -190 20
Castleford 27 425 735 -310 15
Hull FC 27 328 894 -566 6
LondonB 27 317 916 -599 6
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 27 1032 275 757 52
Toulouse 26 765 388 377 37
Bradford 28 723 420 303 36
York 29 695 501 194 32
Widnes 27 561 502 59 29
Featherstone 27 634 525 109 28
 
Sheffield 26 626 526 100 28
Doncaster 26 498 619 -121 25
Halifax 26 509 650 -141 22
Batley 26 422 591 -169 22
Swinton 28 484 676 -192 20
Barrow 25 442 720 -278 19
Whitehaven 25 437 826 -389 18
Dewsbury 27 348 879 -531 4
Hunslet 1 6 10 -4 0
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
3m
Catalan Away
Dannyboywt1
4
4m
Rumours and signings v9
NSW
28894
12m
Game - Song Titles
Boss Hog
40723
14m
BORED The Band Name Game
Boss Hog
63213
15m
Film game
Boss Hog
5606
22m
Pre Season - 2025
number 6
182
33m
Fixtures
Trojan Horse
12
39m
Fixtures 2025
number 6
62
58m
WCC Off
Choc Ice
11
Recent
Leigh Leopards - 2025 Fixtures
ColD
2
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
29s
Transfer Talk V5
Whino4life
497
30s
BORED The Band Name Game
Boss Hog
63213
31s
2025 Kit
Wigan Bull
12
39s
Film game
Boss Hog
5606
48s
Noah Booth out on loan
Trojan Horse
18
50s
Game - Song Titles
Boss Hog
40723
57s
Pre Season - 2025
number 6
182
1m
Leigh Leopards - 2025 Fixtures
ColD
2
1m
Fixtures
Trojan Horse
12
1m
Dual Reg
financialtim
6
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
How many games will we win
REDWHITEANDB
2
TODAY
Leigh Leopards - 2025 Fixtures
ColD
2
TODAY
Catalan Away
Dannyboywt1
4
TODAY
2025 Betfred Super League Fixtures
RLFANS News
1
TODAY
2025 fixtures
karetaker
14
TODAY
Fixtures
Trojan Horse
12
TODAY
Salford
rubber ducki
8
TODAY
WCC Off
Choc Ice
11
TODAY
Leeds away first up
PopTart
39
TODAY
Jake McLoughlin
Wanderer
1
TODAY
Assistant Coach - Langley
The Biffs Ba
28
TODAY
Noah Booth out on loan
Trojan Horse
18
TODAY
Luke Gale testimonial match
BarnsleyGull
2
TODAY
England 5 - 0 Ireland
Sadfish
1
TODAY
Magic Weekend 2025 - Back To Newcastle
RLFANS News
1
NEWS ITEMS
VIEWS
2025 Betfred Super League Fixt..
289
Magic Weekend 2025 - Back To N..
499
England Beat Samoa To Take Tes..
1252
England's Women Demolish The W..
1077
England Beat Samoa Comfortably..
1316
Operational Rules Tribunal –..
1104
IMG-RFL club gradings released..
1362
Wakefield Trinity Win Champion..
1908
Hunslet Secure Promotion After..
2125
Trinity Into Play Off Final Af..
2369
Wigan Warriors Crowned Champio..
1943
York Valkyrie Win Back to Back..
2178
Hunslet Book Relegation Play O..
2644
Penrith Panthers Secure Fourth..
2071
Wigan Humiliate Leigh For Gran..
2150


Visit the RLFANS.COM SHOP
for more merchandise!












.