Post subject: Re: So exactly were are we going as a club !!
Posted: Sat Feb 17, 2024 7:04 pm
Mild Rover
Moderator
Joined: Jun 01 2007 Posts: 12646 Location: Leicestershire.
Mrs Barista wrote:We don't really know the financial situation other than random and sometimes contradictory snippets which seem to vary depending on whether passes are on sale or not.
As Pete alludes to I don't think AP wants dilution of control. Could this be because actually he's taking a decent salary from the club and wants to maintain that income? I've no idea but struggle to see why no one else wants to come on board at all and we've had anecdotal chat about investment being knocked back.
I agree, but also…
I think it’ll be difficult to attract new investment until there’s certainty around Hull FC’s long-term tenancy at the MKM stadium. I think, fwiw, that the risk of it not being renewed is very small - but it is obviously a huge hazard for any potential investor.
Once there is some certainty, that’ll help - how much, will depend quite a bit on the shape of the new agreement.
'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.
Post subject: Re: So exactly were are we going as a club !!
Posted: Sat Feb 17, 2024 7:37 pm
Chris71
Moderator
Joined: Jan 30 2004 Posts: 8159 Location: Never never land away with the fairies
Can’t argue with what Pete had put. For me it seems very reminiscent of the Hetherington period where to cash put into the 1st team was limited and the club relied on the supporters backing the club.
What pee’s me off is that AP stated we are at cap but even the uninitiated can se we are well under cap unless we are paying way over the odds.
I’m just none plused in the club and the sport as a whole and pretty disillusioned with it all to be honest.
I really enjoy long walks especially when they are taken by people I don't like!
Post subject: Re: So exactly were are we going as a club !!
Posted: Sat Feb 17, 2024 7:39 pm
The Dentist Wilf
Player Coach
Joined: Dec 07 2005 Posts: 7378
I wondered when I started this thread but iI's great to see so many fans getting involved with this because in the end the majority of us just love our club. But, let's face it there's not much on here any of us can disagree with either. Yeh its only one game but for us lot its been a decline over 4 seasons at least. The club won't like it but no one is really criticising the owner or the coach and perhaps when you look at the ability levels in the team the players either, they all have some issues within the situation but everyone knows that we have not made any forward progress in at least.4 season. If watching the other games this weekend proves one thing it is that big players break teams and win you matches. We've always had em, but now we simply don't have any at all, any more, do we? I listed them earlier but just look at Sneyd what a loss, because when we were a man down through sin binning he would have managed that 10 minutes saved out energy levels and probably got us through, yeh he would have probably kicked to the corner every set but we have no game manager at all now.Great to read everyones thoughts though.
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Post subject: Re: So exactly were are we going as a club !!
Posted: Sat Feb 17, 2024 7:54 pm
bonaire
International Star
Joined: Apr 04 2014 Posts: 7778
Chris71 wrote:Can’t argue with what Pete had put. For me it seems very reminiscent of the Hetherington period where to cash put into the 1st team was limited and the club relied on the supporters backing the club.
What pee’s me off is that AP stated we are at cap but even the uninitiated can se we are well under cap unless we are paying way over the odds.
I’m just none plused in the club and the sport as a whole and pretty disillusioned with it all to be honest.
Wait till you see the results of the disciplinary panel next week no doubt will cause a few explosions on the fans forums
Post subject: Re: So exactly were are we going as a club !!
Posted: Sat Feb 17, 2024 7:55 pm
His Bobness
Player Coach
Joined: Jan 19 2006 Posts: 1334 Location: Hibbing, Minnesota.
Mrs Barista wrote:We don't really know the financial situation other than random and sometimes contradictory snippets which seem to vary depending on whether passes are on sale or not.
As Pete alludes to I don't think AP wants dilution of control. Could this be because actually he's taking a decent salary from the club and wants to maintain that income? I've no idea but struggle to see why no one else wants to come on board at all and we've had anecdotal chat about investment being knocked back.
Pearson is the sole owner of Hull FC but the club don't have a stadium and has no real assets. What exactly would any new 'investor' be buying other than your debts?
Rovers have several millionaire board members who have bought into the exciting project going on at Craven Park. Would they have come on board if the club didn't own the ground and surrounding land? Possibly not but they are all fully committed now and are supplying the best business brains...and money into Hull KR.
What is happening at Hull KR is built to last, you are going to have to get used to it.
Post subject: Re: So exactly were are we going as a club !!
Posted: Sat Feb 17, 2024 7:59 pm
Yippee try yay
First Team Player
Joined: Jun 13 2020 Posts: 824
His Bobness wrote:Pearson is the sole owner of Hull FC but the club don't have a stadium and has no real assets. What exactly would any new 'investor' be buying other than your debts?
Rovers have several millionaire board members who have bought into the exciting project going on at Craven Park. Would they have come on board if the club didn't own the ground and surrounding land? Possibly not but they are all fully committed now and are supplying the best business brains...and money into Hull KR.
What is happening at Hull KR is built to last, you are going to have to get used to it.
Nobody even mentioned rovers? Believe it or not, not everything is about "the man city of rugby league"
Post subject: Re: So exactly were are we going as a club !!
Posted: Sat Feb 17, 2024 8:33 pm
Marcus's Bicycle
International Star
Joined: Jan 17 2013 Posts: 4217
Chris71 wrote:Can’t argue with what Pete had put. For me it seems very reminiscent of the Hetherington period where to cash put into the 1st team was limited and the club relied on the supporters backing the club.
Quote:What pee’s me off is that AP stated we are at cap but even the uninitiated can se we are well under cap unless we are paying way over the odds.
I’m just none plused in the club and the sport as a whole and pretty disillusioned with it all to be honest.
Exactly. There's no way we can be at full spend. In stating that we are he loses trust and almost unwittingly admits that it's management is shambolic.
If he just acknowledged that we cannot spend the full cap this season, which is understandable, fans would have to accept this and be realistic with their expectations.
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