I imagine our profit/loss v Turnover ratio is frightening.

Quote from Halifax RLFC Chairman, Michael Steele:

"The club is trading at a small profit and has no overdraft and hopes to build on its income stream once the Shay's East Stand is completed in the new year"



Just a point. Not having a dig at anyone.

(Cue comments about bucket collections etc.

)

watch out for flying pigs mate, and that cheese from the moon tastes great.

No comment about buckets.

However on a thread on the Fax board, wasn't it discussed how your accounts told a different story?

Is he also saying that Shay improvement costs are provided by Halifax RLFC?, As I understand it, the facility is owned by Calderdale Council and only managed by the Shay Stadium Trust on whose board Fax RLFC have a seat. Not having a go.

Are you calling our chairman a liar, Maurice?

I must have missed the thread you mentioned. Do you have a link?

Where does he say anything about the club funding Shay improvements? All he says is that when they are finished the enhanced/additional facilities will open new revenue streams.

I read somewhere that themoon is made of green cheese should one believe that also? get real.

Are you suggesting that Fax made a loss last year? When, the Chairman and and CEO have both stated publicly that Fax made a small profit?

get real

Will ask you again...Are you suggesting that Fax made a loss last year? When, the Chairman and and CEO have both stated publicly that Fax made a small profit?

Ive said what ive said I have no reason to reiterate it. But they can pay me the money they owe me when they do I may just believe it, until they do .....

So..you arent saying anything then? ok.

deaf dumb blind and stupid? what part of the post above is hard to understand

I dont think you are any of these.

All you have said on this thread is something about the moon being made out of cheese. I asked you directly if you were suggesting that the Fax CEO and Chairman are lying when they say that the club operated at a small profit.

You havent replied to this.

one doesn't have to reply to anything please refer to the statement I issued earlier in this thread.

I do.

It all depends if you include input from the BOD to produce a profit , I thought it was first reported that you ' broke even ' for the second year running which is truly amazing if true

There are no "sugar daddies" at Fax, I'm afraid.

Get them to send Fred his tenner.

It's a little more than that Frank, it really makes me laugh when RL clubs report something like 'we made a profit etc...' its because they tend to shall we say 'overlook' 'the little guy's' bills.
They are not the only ones, virtually every club we have played in the last 9 years (including most SL clubs) have done the same, I'm sure ours is on another video companies list, thats why I like to deal with a teams video company direct (if they have one, a few clubs do them with internal staff).

Quite right Fred, is it NET profit or GROSS profit they are 'reporting'?

I look forward to the full accounts being posted!!