Nine years ago today.. https://www.bbc.co.uk/sport/rugby-leagu ... 0ownership. Been a mixed bag, some rocky early years and recent ones, but also the greatest moment in many supporters' sporting lives along the way. And 18 years since he first wanted to buy the club, so a long term interest. Hopefully we can move through the current challenges with limited impact and get back to challenging the top teams again.

Nine years ago today.. https://www.bbc.co.uk/sport/rugby-leagu ... 0ownership. Been a mixed bag, some rocky early years and recent ones, but also the greatest moment in many supporters' sporting lives along the way. And 18 years since he first wanted to buy the club, so a long term interest. Hopefully we can move through the current challenges with limited impact and get back to challenging the top teams again.

Quote ="Mrs Barista"Nine years ago today.. https://www.bbc.co.uk/sport/rugby-leagu ... 0ownership. Been a mixed bag, some rocky early years and recent ones, but also the greatest moment in many supporters' sporting lives along the way. And 18 years since he first wanted to buy the club, so a long term interest. Hopefully we can move through the current challenges with limited impact and get back to challenging the top teams again.'" Agree with that assessment, two unforgettable Wembley days and a club (before Corona) on a much more stable footing, but our league form has been disappointing, you'd have expected at least a Grand Final defeat for the outlay. Also a dry up of young players coming through after a burst 5 or so years ago.

Quote ="Mrs Barista"Nine years ago today.. https://www.bbc.co.uk/sport/rugby-leagu ... 0ownership. Been a mixed bag, some rocky early years and recent ones, but also the greatest moment in many supporters' sporting lives along the way. And 18 years since he first wanted to buy the club, so a long term interest. Hopefully we can move through the current challenges with limited impact and get back to challenging the top teams again.'" Agree with that assessment, two unforgettable Wembley days and a club (before Corona) on a much more stable footing, but our league form has been disappointing, you'd have expected at least a Grand Final defeat for the outlay. Also a dry up of young players coming through after a burst 5 or so years ago.

https://www.hulldailymail.co.uk/sport/r ... st-4380552 Let's hope we can come through this, Not sure what plan, cut, invest and guarantee equates to, but the more that able to stick with the club the better our chances.

https://www.hulldailymail.co.uk/sport/r ... st-4380552 Let's hope we can come through this, Not sure what plan, cut, invest and guarantee equates to, but the more that able to stick with the club the better our chances.

We are certainly living in ever changing times, the club will survive, with Kelly gone we save about £100K (at least), we have to accept that we will be mid table for a few years, especially if we have retained Houghton and Shaul.

Cloth needs to be cut and we don't have a benefactor like many clubs. Survival through passholder retention must the the primary, if very challenging, aim.

How many SL clubs have benefactors?

https://www.hulldailymail.co.uk/sport/r ... es-4110683 Many. Moran, Davey, Hudgell, Lenagan, McManus, Caddick...

https://www.hulldailymail.co.uk/sport/r ... es-4110683 Many. Moran, Davey, Hudgell, Lenagan, McManus, Caddick...

....and once upon a time, Argyle.

Genuine question. What makes these guys benefactors and Pearson not?

How is Caddick a benefactor? Yup, he's written large sums off but he/his company have returned large sums from Leeds and the cricket side also. Writing debts off to offset tax makes it a neutral cost doesn't it, ergo no actual 'loss', so isn't a true benefactor.
I reckon Davey is probably the only true benefactor out of the lot.


Pearson is an investor, he's 'invested' in buying property/land and a club to make money.

Just to be clear, Caddick has never written any sums off with Leeds - he put some several £m in as a loan when he first took over back in '96 but that was all repaid by about 2005. Over the years since then Leeds had several millions in the bank ready to spend on ground improvements and have, if anything, being lending the Caddick Group money rather than the other way around.
Obviously that's no longer the case and Caddick has had to put money in as a loan during the pandemic - but again it's unlikely he'd not want it back either when he sells up or when the club can afford to.

This was a quote by Caddick, "Throughout the past 20 years the Caddick Group, in partnership with its associated companies, have written off over £18m of accumulated debt to leave the Leeds Rhinos now in a strong positive cash flow position.”
as I said, I know he isn't a benefactor for Leeds, whatever the actual financials I knew he'd be getting it back one way or the other.

Where is that quote from? (not disagreeing, just interested)

Not very difficult.... https://www.therhinos.co.uk/2016/11/05/ ... headingley

Not very difficult.... https://www.therhinos.co.uk/2016/11/05/ ... headingley

It's definitively not true. The money he wrote off was when he was propping up the rugby union club which is an entirely separate business and company; I've read every set of accounts for Leeds going back 30 years and he's never written off loans to Leeds.

Do you mean Leeds Cricket Football and Athletic Company Limited?

Yes.

Who owns that company, is it Caddick himself?