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| Quote ="SBR"A deal with whom and what did he get in return?'"
The RFL, i don't know the answer to that, thats part of the question ive been given.
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| Quote ="BIGAL1"The RFL, i don't know the answer to that, thats part of the question ive been given.'"
presume its the one doing the rounds where we get a chance after one year, that the deal bit?
Strange thing is that came to me from same place as expansion of number of teams story, that one not being true killed a few rumours to be honest.
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| Quote ="chapster"presume its the one doing the rounds where we get a chance after one year,[u that the deal bit[/u?
Strange thing is that came to me from same place as expansion of number of teams story, that one not being true killed a few rumours to be honest.'"
Don't know but what i do know is all those rumour ive heard are wide of the mark and just wishfull thinking or stirring.
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| Come on then Al spill the beans.....all this is doing my head in !!!!!!!!
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| one of the main men to blame is Ted Richardson how many improvements did he make? 0 is the answer if Glover had taken over 3 years ago i think we would be ok now.
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Player Coach | 4593 | No Team Selected |
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Oct 2008 | 16 years | |
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| Quote ="newgroundb4cas"one of the main men to blame is Ted Richardson he how many improvements did he make? 0 is the answer if Glover had taken over 3 years ago i think we would be ok now.'"
Even 1 year ago would have made a massive difference.
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Club Owner | 7665 | No Team Selected |
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| Quote ="altofts wildcat"I cant see it because eventually something like that would come out because they always do and I don't think it would be worth all he agro.'"
[i =#4000FFIn devils advocate mode[/i
Not if you could keep the number of those in the know down to say... Er... Two or maybe three.
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| Quote ="StanTHEWildcat"what would he gain out of doing this though?'"
Depends how deep his pockets are and how often he's willing to invest the money required.
Maybe he's only wealthy enough to sustain a Championship club.
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| Quote ="The Clan"Depends how deep his pockets are and how often he's willing to invest the money required.
Maybe he's only wealthy enough to sustain a Championship club.'"
Do people realise how much SL club chairman put into the clubs to reach a higher level because it seems to me that people think AG is loaded and thats not the case.
He's not going to throw away the hard earned and i don't blame him and i think hes made it clear the club will have to support its self and again thats fair enough.
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Player Coach | 1886 | No Team Selected |
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| Quote ="BIGAL1"Do people realise how much SL club chairman put into the clubs to reach a higher level because it seems to me that people think AG is loaded and thats not the case.
He's not going to throw away the hard earned and i don't blame him and i think hes made it clear the club will have to support its self and again thats fair enough.'"
So if thats the case and i don't doubt you, do you think he wants to spend the £500K plus on temproary ground imrovements at Belle Vue. Or just sit it out in Championship for a season or two pending newmarket.
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| Quote ="jack in the box"So if thats the case and i don't doubt you, do you think he wants to spend the £500K plus on temproary ground imrovements at Belle Vue. Or just sit it out in Championship for a season or two pending newmarket.'"
Don't think he would do that. Loss of revenue in SL with no guarantee of getting back in.
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| Quote ="jack in the box"So if thats the case and i don't doubt you, do you think he wants to spend the £500K plus on temproary ground imrovements at Belle Vue. Or just sit it out in Championship for a season or two pending newmarket.'"
Could somebody have been promised naming rights on the Newmarket Stadium in return for £500k upfront to tart Belle Vue up until Newmarket is ready.
How's about that for a conspiracy theory.
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| Quote ="LyndsayGill"Could somebody have been promised naming rights on the Newmarket Stadium in return for £500k upfront to tart Belle Vue up until Newmarket is ready.
How's about that for a conspiracy theory.
'"
That is possible.
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Player Coach | 456 | No Team Selected |
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| Quote ="wakeytrin"That is possible.'"
mmmm yeah I get it................ some one lends AG 5oo k up front on naming rights for a stadium that WTWC or AG will not own Like you say possible
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International Chairman | 5392 | No Team Selected |
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| Quote ="LyndsayGill"Could somebody have been promised naming rights on the Newmarket Stadium in return for £500k upfront to tart Belle Vue up until Newmarket is ready.
How's about that for a conspiracy theory.
'" amazing how the cogs fit together
lets see how it turns
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| Quote ="chapster"Or me mate.
Starting to wonder if any of the dreamers actually read the admin report, we were 1.9 million in debt ffs!'"
That's because for a number of years leading up to the admin, there was more money going out of the club than there was coming in - that's no longer the case. My understanding is that the deficit has been clawed back mostly by a) getting rid of overpaid staff members b) massively improving the commercial and sponsorship income and c) creating additional income from the now in-house catering and hospitality.
It's not that difficult - AG may not be a rugby expert, but he clearly knows how to run a sustainable business.
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| Quote ="bren2k"That's because for a number of years leading up to the admin, there was more money going out of the club than there was coming in - that's no longer the case. My understanding is that the deficit has been clawed back mostly by a) getting rid of overpaid staff members b) massively improving the commercial and sponsorship income and c) creating additional income from the now in-house catering and hospitality.
It's not that difficult - AG may not be a rugby expert, but he clearly knows how to run a sustainable business.'"
what about players wages, we must have also made a massive saving in that area this season.
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| Quote ="BIGAL1"Did it happen when AG took over the club, did he strike a deal to drop down and go quietly when he took over and is everything we've seen since just going through the motions.
I am gratefull for AG taking over but on the face of it the improvments and tarting up are all very cosmetic, add to that us going backwards on the field (and yes i know its not easy bringing in players) letting BJ go and signing Semi and tonker won't have left a hole in the bank account.
I just wonder.
Yes Upton i know you'll tell me of for being negative.'"
Absolutely YES. May have been very good reasons I'm not judging but YES.
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| Quote ="newgroundb4cas"one of the main men to blame is Ted Richardson how many improvements did he make? 0 is the answer if Glover had taken over 3 years ago i think we would be ok now.'"
Would have made absolutely no difference, wake up and smell the coffee.
Wakefield went bust because it's a club that whilst ever it is at BV is unsustainable as a SL club and always has been. This goes way further back than Ted Richardson and if people like you were not forever looking for vilians and White Knights you'd realise that. Ted Richardson for all his faults kept Trinity going for 17 years and in SL 10. I don't blame AG for the loss of franchise but I will be interested to see if he lasts 17 month let alone 17 years.
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| Quote ="bren2k"That's because for a number of years leading up to the admin, there was more money going out of the club than there was coming in - that's no longer the case. My understanding is that the deficit has been clawed back mostly by a) getting rid of overpaid staff members b) massively improving the commercial and sponsorship income and c) creating additional income from the now in-house catering and hospitality.
It's not that difficult - AG may not be a rugby expert, but he clearly knows how to run a sustainable business.'"
Oh come on you can't believe that, they are but flee bites in the scheme of things. We have lost most of our most expensive player and all our historical debt, they are your savings. To believe anything else is fantasy.
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| Quote ="jack in the box"what about players wages, we must have also made a massive saving in that area this season.'"
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| Quote ="vastman"Oh come on you can't believe that, they are but flee bites in the scheme of things. We have lost most of our most expensive player and all our historical debt, they are your savings. To believe anything else is fantasy.'"
Was the club with debt when Ted took over? It probably was, but let's imagine for a moment it wasn't. In 17 years (and 2 years of SL without Sky funding, IIRC) the club had amassed debts of 1.9 million when we went into admin - averaged out at roughly 100K per season. If you manage to wipe out most of the historical debt by going into admin, and then improve off-field activities to increase revenue, then these flea bites could very quickly add up to the 100K/season that was the previous average trading deficit. This is deliberately simplistic, I know, and there may be other things I've forgotten to factor in, but is it really inconceivable that we've clawed in our trading deficit (the 100K/year, not the 1.9 million, obviously)?
(I've deliberately ignored the sale of BV and interest payments on debt to the banks in this, because no one really seems to know exactly how much we received for BV in the end or how much we were playing in interest on the debt each year. Would they cancel each other out over a period of 17 years, perhaps?)
I'm not claiming any facts, here, btw. Just questions.
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| Quote ="RebelRebel"Was the club with debt when Ted took over? It probably was, but let's imagine for a moment it wasn't. In 17 years (and 2 years of SL without Sky funding, IIRC) the club had amassed debts of 1.9 million when we went into admin - averaged out at roughly 100K per season. If you manage to wipe out most of the historical debt by going into admin, and then improve off-field activities to increase revenue, then these flea bites could very quickly add up to the 100K/season that was the previous average trading deficit. This is deliberately simplistic, I know, and there may be other things I've forgotten to factor in, but is it really inconceivable that we've clawed in our trading deficit (the 100K/year, not the 1.9 million, obviously)?'"
I don't know the details either, but I think you're in the right ballpark.
Vasty - I'm not denying that player wages have also decreased, but it's far from the complete picture. I also don't necessarily see that as a totally bad thing; for me, a cautious season prior to the licence decision is sensible - I'd rather see my Chairman behaving like that, than splashing the cash and risking our future security.
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| Quote ="RebelRebel"Was the club with debt when Ted took over? It probably was, but let's imagine for a moment it wasn't. In 17 years (and 2 years of SL without Sky funding, IIRC) the club had amassed debts of 1.9 million when we went into admin - averaged out at roughly 100K per season. If you manage to wipe out most of the historical debt by going into admin, and then improve off-field activities to increase revenue, then these flea bites could very quickly add up to the 100K/season that was the previous average trading deficit. This is deliberately simplistic, I know, and there may be other things I've forgotten to factor in, but is it really inconceivable that we've clawed in our trading deficit (the 100K/year, not the 1.9 million, obviously)?
(I've deliberately ignored the sale of BV and interest payments on debt to the banks in this, because no one really seems to know exactly how much we received for BV in the end or how much we were playing in interest on the debt each year. Would they cancel each other out over a period of 17 years, perhaps?)
I'm not claiming any facts, here, btw. Just questions.'"
Small point,but are you forgetting the amount of debt we wrote off when we went into the CVA?
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