Correct. £1.545m is the net position. Rovers have debts of £3.2m and assets offsetting them in the balance sheet (including fixed assets of £1.3m). It's like offsetting the amount you've borrowed on a mortgage with the value of the house.

I assume that the bulk of that asset value comes from their valuation of their lease at caravan park. Not aware of any other fixed assets they have. Very optimistic given the restrictive covenant on the place

Think so. No real analysis of fixed assets but it does specifically mention lease capitalisation. Like you say, whether this represents economic value or not is subjective.

Never thought I'd see Jackson Browne quoted on here. Good choice!

Roll on the 17th Jan, will make the game all the more sweeter knowing KR's little big bit of money troubles couldn't of happened to a better team, wonder how long before Justin goes to pastures new.

Merry Christmas Cookie.

Jingle Bells
Hudgell sells
But he can't give Cooke away
Its no fun to run and hide
From another CVA

Christmas time is a time for forgiving, reflection and reconciliation.

FCK THAT........HOPE CARAVAN PARK BURNS DOWN AND HULL KR DISBAND.

Well done HUDGE......Carry on the great work.

Pint of bitter is it?...

You need to learn to distinguish between Schadenfreude and bitterness.

Although I guess it's hard to distinguish much with your head buried firmly in the sand.

We might as well lock this thread now because the £3m debt doesn't really exist viewtopic.php?f=59&t=439393&start=180

We might as well lock this thread now because the £3m debt doesn't really exist viewtopic.php?f=59&t=439393&start=180

I,ve never had a pint of Schadenfreude, what''s it like ? summat to drink when you're laughing your nuts off

Quality

Aw i wish i wasnt banned off the Rovers board. If i wasnt, i would be by now!

Quote ="TKOAH"We might as well lock this thread now because the £3m debt doesn't really exist viewtopic.php?f=59&t=439393&start=180'" should be called percy le plank!

Quote ="TKOAH"We might as well lock this thread now because the £3m debt doesn't really exist viewtopic.php?f=59&t=439393&start=180'" should be called percy le plank!

Agree with that

Thank you Dr Stool from the University of Heidelberg

You should understand that I take pleasure in knowing HKR have brassed so many FC fans off over the last few seasons - LONGicon_smile.gif may it continue

He could just as easily have quoted "Running on Empty"

Well said mate. I hope someone nicks all their christmas presents too. Mind you they probably shoplifted them in the first place.

Or even sections of "Call It A Loan", for that matter.

Here's a quick line for yourself Faulty (

)......"The pen is mightier than the sword......Unless you're in a sword fight"

You, as well as all the rest of your 'breed' are totally cacking yourselves...you know its true, face it!!!!

Bless. Ah well - simple things please simple minds I guess.

Oh - and I'd happily take our current position over yours every day of the week, and twice on Sunday.

Seems like a lot of the dobbins, who never seemed to be off here when they were on the crest of a wave,have suddenly gone silent.Bandwaggoner's i called them and bandwaggoners they are.Grudgell,s hatred of us could lead to a very big downfall.With the old dobbins directors it was healthy rivalry,with him it's pure hatred with the hatred rubbing off on his coaching staff.And as for Judas,

i bet he wish's he could turn the clock back after his beloved team try to sell him to anybody who wants him.It's a funny old game,what comes around goes around.

You are confusing average attendance with aggregate attendance.

Our average attendance in the 2009 season was 13,226 from an aggregate of 171,941.

Knock off the Rovers game (attendance 22,337) and the average was 12,467 (aggregate 149,604).
That average would still be the third highest in SL last season and one of the highest in the club's history.

Of course we'd get a lower attendance playing, say, Widnes rather than Rovers but really not enough to get worried about.