Think it is best explained that there is a time-lag between performances and their effects on gates. This is much more pronounced now than 10-20 years ago as a higher proportion of attendees are on season passes.

This explains why we had good attendances despite being dire in 2009. There was a real buzz in the early KC years, at first we won nothing but there was some fantastic entertainment and exciting players to watch. We then won the challenge cup and next year made the grand final. In 2007 we were again competitive and Rovers had just returned to the top flight. 2008 was quite poor but did make Wembley. The trouble is since then performances and the entertainment on offer have gone downhill and whilst most attendees would stick with the club for at least a year or two, after that they will inevitably dwindle.

So after 5 years of little to shout about it's not suprising we are where we are now. The worrying thing for Pearson is that even if we get off to a storming start next season, we won't suddendly get 14K gates. It could take at least a couple of years for better performances and entertainment to work their way through.

At the end of the day, if you look at it historically Hull's hard-core support is about 5K, 6K at most. To get higher attendances, people need to be enjoying themselves!

Not quite 100% accurate.

If a company has distributable, accumulated retained earnings, it can pay dividends even if it made a loss in the accounting period.

Largely irrelevant as hull gave huge accumulated losses so dividends cannot be paid until they are wiped out

No editing. Just a typical response by some whose glass is permanently empty, let alone at the half mark.

Wish I'd put a

at the end of the post now.