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| Yeah Dave, brand new to the game I know nothing about the game or supporting my club! Face facts folks we are trying to live within our means.
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| He's a typical Mac signing, middle of the road utility second rower. (who can fill in elsewhere)
Underwhelming to say the least
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| Quote Yeah Dave, brand new to the game I know nothing about the game or supporting my club! Face facts folks we are trying to live within our means.'"
Does that mean every announcement should be met positively with excitement no matter how poor? or will you allow us to make an informed judgement ??
Even you would struggle to add positive spin to this one
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| I always thought if he put on a few kilos he'd be worth a shout at prop forward.
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| Quote ="northernbloke"Face facts folks we are trying to live within our means.'"
No we aren't......if we were doing that we'd be part-time at best.......as for Lovell, I'm with Listy on this.
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| It must be a bad one as we've not seen anything from Listy since Channing's return was announced!
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| Not sure what you mean dog! We have a backer who puts in enough to keep us full time, I never said we were living within our generated income.
As for taking positive view on things, just happy someone else does! Really cannot see the point of negativity on everything the club does!!!
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| Really cannot see the point of negativity on everything the club does!!! =#FF0000poorly
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| Fair enough guys, well I for one will go into the season coming like every other season, with an optimistic view. And will enjoy my rugby the way I have done since my first game many years ago with all its ups and downs!!!
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| Would you enjoy it more if we had a stronger team than last year rather than a weaker one which is likely to take a few beatings possibly against mid/lower end teams? optimism or confidence?
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| I will be supporting the team whatever happens, clubs have ups and downs, it's how you handle the downs.
Yep it would be great if we finished top next year walked the 8s and won the GF in 2019.
The fact that ain't going to happen is not going to stop me supporting the club. Would you rather we spent, sorry DH spent beyond his means and we go the way of Bradford?
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| Nothing like using extremes to try and win an argument
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| Why extremes!? It could happen very easily to a lot of clubs.
Just stating my view on things not arguing
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| Quote ="northernbloke"Not sure what you mean dog!'"
Quote To "live within your means" means that what you spend each month is less than or at least equal to the amount of money you bring in each month'"
[urlhttps://www.thebalance.com/ways-to-live-within-your-means-960044[/url
Quote ="northernbloke"Just stating my view on things not arguing'"
I call Bullcrap on that.......you are constantly sniping at anyone who dares have a "downer" on the club, be it historical or current.....Lovell was average at best before his injury and he will be a handy back up should we need him, but as with other "signings", many fans are of the opinion that we will be weaker than last year and may even struggle to make the qualifiers.
Your BLIND OPTIMISM is your way of arguing a point when the statistics and facts aren't in your favour.....the above definition is a perfect example.
I said we weren't living within our means and we are not.....we are currently racking up 2 million or so a year in debt.......whether the debt is ever paid or not is immaterial!
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| Cannot agree with you it's debt! Has DH ever said it's an investment? Investments you expect a return, if he is happy paying the bills then that's a whole different issue, that then is an income stream!.
Love it, I state a positive view on things it's arguing, or sniping, someone makes a negative comment and it's not up for discussion!
Not sure why signings like will L are such a surprise, we are a championship side, at the moment we can only afford to be a championship side, we have no given right to think we should have SL status, so signings are likely to reflect that. Back to the same thing, we cannot do anything about it apart from come through the gate and support the club or not.
And it's a forum, it's meant for folk to voice thoughts!
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| Quote we are a championship side, at the moment we can only afford to be a championship side, we have no given right to think we should have SL status, so signings are likely to reflect that'"
How do Toronto do it?
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| We can probably afford to be a Championship side but can we afford to be a full time Championship side? That's the real question, not whether or not we can fund Superleague.
Also how does David put his money in? If he writes it off, no it's not debt. If it is as directors loans and it sits on the balance sheet then it certainly is debt and has the potential to cause issues further down the line.
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| So being conservative say 1.5 mil a year even over 5 years that's 7.5 mil if it was an investment DH would be expecting that figure or that figure plus back. Does anyone really think how it works? It's sport, it's his rich mans toy remember, he knows its money spent, not money invested.
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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"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"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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