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| Obviously the losses are real, but I don't believe it's as bad as people say, I think we're nowhere near going bust I believe this is a ploy by Adam to get people to buy passes for next season and to get fans through the gates now.
The issue with the smc and lease is concerning and needs sorting but I firmly believe it will get resolved and everyone will be happy.
The absolute glee from rovers fans on social media over this is pathetic, they have nothing over us on the field and can not match our recent success that they have to resort to points scoring over our financial situation, if we've made a loss then it stands to reason that most clubs have made a loss which puts the game in an even more precarious position .
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| Quote ="Keiththered"If the £1.2m was a working loss the bank I would suspect.'"
I haven't seen the accounts, so not sure, Pearson did say the bank wouldn't help us last year.
Maybe the SMC and RFL also.
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| The stadium is our biggest problem the rent is just ridiculous
But I'm not worried cause we're a big club with a decent fan base
And 99% of sport teams esp football are all in huge debts miles bigger than our debts
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| Quote ="BEN_THE_BLACK&WHITE"Obviously the losses are real, but I don't believe it's as bad as people say, I think we're nowhere near going bust I believe this is a ploy by Adam to get people to buy passes for next season and to get fans through the gates now.
The issue with the smc and lease is concerning and needs sorting but I firmly believe it will get resolved and everyone will be happy.
The absolute glee from rovers fans on social media over this is pathetic, they have nothing over us on the field and can not match our recent success that they have to resort to points scoring over our financial situation, if we've made a loss then it stands to reason that most clubs have made a loss which puts the game in an even more precarious position .'"
Don’t like to see any club in financial difficulty. You are surely suggesting that FC fans would not do exactly the same are you if the boot wa# on the other foot?
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| Football clubs are in far bigger holes look at Derby Bury Macclesfield for example
Clubs in championship spending 60,000 a week on some players on crowds of 20,000 shows why football is in the state it is
Clubs spending more than 100% of the income on wages/transfers
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| Quote ="Irregular Hoops"It’s an indirect plea to the Council, SMC and potential investors.
Things need to happen now.
The reason why he’s referencing HKR is because he’s probably aware of the cut price deal they got for Caravan Park, and the debts owed to HCC that has been written off.
Glad we got the win in 2016. As long as there is a piece of turf with a team in irregular hoops I’ll be there, whichever the division.
Still be the biggest RL club in Hull.'"
All joking and banter aside mate, you’re not.
Not any more.
All you have now is the name and your playing squad.
You’re in our shadow now.
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| Being hearing for years that Rovers are ready to be the number one club, but it reality it has never happened. Not really even close, once they actually achieve something other than talking a good game can they claim to be the top team in Hull.
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| Quote ="Chester Wednesday"All joking and banter aside mate, you’re not.
Not any more.
All you have now is the name and your playing squad.
You’re in our shadow now.'"
Were miles bigger than rovers always have been and always will be
We could be bottom of league 1 and rovers top of super league and we'd still be a bigger draw
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| Manchester City paid £35m in agent's fees last year - we're all doomed.
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| Quote ="Thetalentboy"Were miles bigger than rovers always have been and always will be
We could be bottom of league 1 and rovers top of super league and we'd still be a bigger draw'" Yep, keep tellin ya self that lol
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| Quote ="Keiththered"Don’t like to see any club in financial difficulty. You are surely suggesting that FC fans would not do exactly the same are you if the boot wa# on the other foot?'"
Not to the extent that I'm seeing on social media, because I value rovers contribution to the game and this city, the game and the city would be nothing without the Derby games and I have lots of friends and family members who are rovers fans and I know what rovers means to them. Banter and rivalry is all part of the game but gloating and hoping a club goes bust is pathetic.
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| Quote ="Dave K."Didn't Pearson announce this in January, not sure why people are shocked.
I think the fact we are spending the cap, investing in the youth, renewing contracts and recruiting for next season says things aren't as bad as being reported.
Who do we owe money to?'"
The SMC and the UK goverment
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| Quote ="BEN_THE_BLACK&WHITE"Not to the extent that I'm seeing on social media, because I value rovers contribution to the game and this city, the game and the city would be nothing without the Derby games and I have lots of friends and family members who are rovers fans and I know what rovers means to them. Banter and rivalry is all part of the game but gloating and hoping a club goes bust is pathetic.'"
You are either young or are losing your memory. When we’ve had our difficult times comments from FC fans have been horrendous.
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| Quote ="Keiththered"You are either young or are losing your memory. When we’ve had our difficult times comments from FC fans have been horrendous.'"
Both teams have fans like this, some are more bothered about the other team than there own, there are a few who have posted on this thread. A few really sad ones in Twitter too.
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| Maybe mute the KR fans on this thread, and leave it to us, nothing gained having rovers fans gloating
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| Could save a hell of a lot on wages with the players coming out of contract, anyone hazard a guess at what the following earn combined.
Mau................ Severs
Reynolds.......... Lovodua/Hookem
Houghton......... Balmforth
Shaul............... Litten
Bowden.......... Brown/Burrell
Johnstone....... Cator back fit/Staveley
We definitely have academy options, hopefully Shenton can get them first team ready.
I reckon we can save about 500k in cap on those listed at a very rough guess.
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| Quote ="Rocknrolla69er"Could save a hell of a lot on wages with the players coming out of contract, anyone hazard a guess at what the following earn combined.
Mau................ Severs
Reynolds.......... Lovodua/Hookem
Houghton......... Balmforth
Shaul............... Litten
Bowden.......... Brown/Burrell
Johnstone....... Cator back fit/Staveley
We definitely have academy options, hopefully Shenton can get them first team ready.
I reckon we can save about 500k in cap on those listed at a very rough guess.'"
Lovodua will soon be a top earner
Agree about Houghton mau Reynolds bowden and Johnstone but they need to be replaced by better than that or we'd be in a relegation battle in no time with that squad
As Houghton can be replaced easy enough as lovodua and balmforth looks good
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| Quote ="BEN_THE_BLACK&WHITE"Not to the extent that I'm seeing on social media, because I value rovers contribution to the game and this city, the game and the city would be nothing without the Derby games and I have lots of friends and family members who are rovers fans and I know what rovers means to them. Banter and rivalry is all part of the game but gloating and hoping a club goes bust is pathetic.'"
Yeah, this what I was going to post somewhere else, but I’ll put it here:
It looks like Hull FC are in some financial difficulty. I hope and expect that they’ll survive… with an inexpensive team that loses a lot for the foreseeable, ideally. But they’re a community asset/institution (as well as a commercial entity), same as Hull KR, and our frenemies. So no ill will.
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| Quote ="Mild Rover"Yeah, this what I was going to post somewhere else, but I’ll put it here:
It looks like Hull FC are in some financial difficulty. I hope and expect that they’ll survive… with an inexpensive team that loses a lot for the foreseeable, ideally. But they’re a community asset/institution (as well as a commercial entity), same as Hull KR, and our frenemies. So no ill will.'"
Well said.
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| I guess this makes next week's game a massive one. I don't suppose the club would make much just from a semi given it's a double header but a Final appearance would be a boost.
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| Quote "The rates used to be circa £20,000-30,000 a year for Hull FC but because of Premier League football coming to the MKM, the rates shot up to £1.6m of which we have to now pay a £250,000 share of in 2022/23," explains the FC owner."'"
Loads about this on the interweb (income is a significant factor), here's a good one.....
Quote “The worst thing a club can do is get promoted just before the date used for the revaluation and then crash out again soon after. There’s no adjustment allowed mid list and =#FF0000you’ll be stuck with your inflated rateable value for the next five years."'"
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| Hi Mrs Barista there's nothing I can say to match the gloom you have posted earlier in this thread and even less to match the gloom made public by Adam ('We can only look at Hull KR with envy') Pearson.
I'll not say anything you don't agree with. Hull have recently spent massive money on average or past it or injury prone players like Luke Gale, Josh Reynolds and Kane Evans so there's your problem.
It's quite simple, Hull keep chasing the dream by spending money they don't have.
The deal for Rovers to purchase Craven Park has been a prolonged process over several years under the astute leadership of Neil Hudgell. Rovers have kept within their budget, avoided losses and kept their eye on the bigger picture. We've had to accept a few years of bottom half rugby and even relegation but it's now paid off with the future of the club rock solid.
Don't be surprised if Rovers make a cash offer for Jake Connor. He's probably the only thing you have that anyone would pay money for.
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| Regards the Financial situation Hull are in, Simply put it's terrible. Rugby League in this country needs two successful Hull sides. Rovers have certainly experienced the financial hardship yourselves haven't, It's certainly an awful feeling not knowing whether the club will be around on a week to week basis. What I'll add is that we are stronger for it now. Hull will be okay you're too big a club not to be. You may have to suffer some short term pain but in the long term you'll get through this.
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| Probably time for Hull FC to cash in on their better players and sell a few on , will also help reduce the wage bill.
Some of the older ones need to go too, Houghton and Taylor spring to mind.
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| Quote ="Captain Dave"Probably time for Hull FC to cash in on their better players and sell a few on , will also help reduce the wage bill.
Some of the older ones need to go too, Houghton and Taylor spring to mind.'"
If we are in as much trouble as some Rovers fans want to believe, then I'm sure it will happen, fully expect Connor and Satae to be sold.
Wonder if this will happen?
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