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| I don't think anyone is saying he expects it back but if it is directors loans it sits on the books as a debt and will need to be sorted if the club is taken over or folds. It could be sorted via a write off but it's still debt.
My ice hockey club was run along very similar lines until recently. Ended up writing off ludicrously large sums for a club that got similar gates to Broncos.
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| The outstanding debt to David Hughes and let us not forget Ian Lenegan is a barrier to the club going forward.
It would have to be addressed before anyone would seriously consider taking over the club.
Another consideration is that David Hughes is not getting any younger. I believe he will be seventy three in January. How long will he want or be able to hang around?
As has been said previously, now is the time that the club should be planning for its long term future. Surely he would not want his legacy to simply die. But that remains the prospect.
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| Quote Bostwick="Bostwick"The outstanding debt to David Hughes and let us not forget Ian Lenegan is a barrier to the club going forward.
It would have to be addressed before anyone would seriously consider taking over the club.'"
I know of 1 occasion where the "debt" was the major stumbling block to us having a new owner.
The Club are in debt to him for tens of millions....and NB......that means we live beyond or means
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| Dog, by your logic every penny that any owner who “puts into” the club expect to get that back! So by that logic every year broncos value increases by what? 1.5million Even you cannot believe any owner thinks that way. Maybe if someone “bought” the club for a price they might want to get that back.
What DH puts into the club every year he knows that is never getting back. As for New investors and the “debt” you call it that, some call it “value” of the club.
When you sell a car that you have owned for 5 years you want the value of the car, the price is that, not the value of the car and the cost of all the petrol you put into it over the 5 years, same concept
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| Quote northernbloke="northernbloke"Dog, by your logic every penny that any owner who “puts into” the club expect to get that back!'"
It's irrelevant if they expect it back or not...it is given as a Directors Loan and [u[size=150 it sits on the books as debt.[/size[/u Without this "loan", we wouldn't be able to operate to the extent that we do now....ergo, we are living beyond our means.
It's not just me who sees this, but it is you and only you who[u AGAIN[/u refuse to accept that you are wrong 
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| So by your logic the club is in debt by what 10mil plus to DH? It’s not about accepting that I am wrong it’s about reality. Any money DH has put into the club he knows is not coming back so even if it is a loan it will be written off, otherwise there is no viable handover of ownership option, london broncos RL will never make money in the foreseeable future, very much like every other RL club in the UK.
By the way underlining bigger font in bold does not mean anyone reads it louder! Calm down fella!
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| Quote Calm down fella!'"
Do you call your friends Bro?
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| Nope do you.
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| No nor Fella
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| Not sure of your point
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| Why is it that nearly every post in this forum goes off topic and the post ends up with the same old argument about the past?
I notice that apart from a handful of people, no one bothers to post.
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| Quote Why is it that nearly every post in this forum goes off topic and the post ends up with the same old argument about the past?
I notice that apart from a handful of people, no one bothers to post.'"
1 Do some research on other teams sites and you will see a trend of going of topic
2 Thats because we have no fans and nothing to discuss
Why don't you add something of value to discuss rather than sitting in your chair moaning. Lets challenge you to setting of the next thread- go on inspire us, Mr Inspirational
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