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| Quote ="Duncombe Towers"Cash & Profit are two different things and it is not improbable to have a loss but money in the bank , accruals could have been taken for work done but not paid yet and so the cash is still in the bank . It is often why businesses do not pay near their year end to maximise their cash balance at the year end .'"
It's also a tactic that can be used to legally avoid having to pay corporation tax - and I have personal experience of a company successfully exploiting this loophole for many years.
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| Quote ="Bet Lynch"No, however the failure of FC to put a statement out about the Whitley pictures will always leave a bitter taste that there maybe an element of truth in what Allam has said, in which case I would be disappointed that our memorabilia was not respected. I want to know why FC will not pay the fee if as reported it is only a few hundred quid or is it down to principle that they do not agree with it, and if so are they going to challenge the new cost.'"
It is £300 per "site" and there are 36 sites in the stadium. A reception display is £6,000 per season. Allam Jnr clearly refers to a £300 annual charge for a single photo of Johnny Whiteley.
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| Quote ="Bet Lynch"No, however the failure of FC to put a statement out about the Whitley pictures will always leave a bitter taste that there maybe an element of truth in what Allam has said, in which case I would be disappointed that our memorabilia was not respected. I want to know why FC will not pay the fee if as reported it is only a few hundred quid or is it down to principle that they do not agree with it, and if so are they going to challenge the new cost.'"
Hello=<????> Anybody in?..... Hello!..
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| Quote ="Bet Lynch"No, however the failure of FC to put a statement out about the Whitley pictures will always leave a bitter taste that there maybe an element of truth in what Allam has said, in which case I would be disappointed that our memorabilia was not respected. I want to know why FC will not pay the fee if as reported it is only a few hundred quid or is it down to principle that they do not agree with it, and if so are they going to challenge the new cost.'"
Why should the club play the Allam's game, The Allam's have an agenda as we all know in reagards of the stadium
This week we have seen the Allam's say that it would be £500 for all the clubs pictures, next it is £500 just for the JW picture and a further £10,500 for the rest of our stuff. now it's only £300 for JW's pic.
I agree with the club's stance that this shouldn't be played out in the press
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| Quote ="ComeOnYouUll"It is £300 per "site" and there are 36 sites in the stadium. A reception display is £6,000 per season. Allam Jnr clearly refers to a £300 annual charge for a single photo of Johnny Whiteley.'"
I agree, but we do not know if Hull FC were presented with that kind of break-down or not, posters are just surmising, also posters are assuming that AP has chosen not to pay the costs due to principle yet it maybe down to finances which is fair enough. There are lots of questions unanswered but what amazes me is that people on here appear to know all the answers when realistically we all know nothing, hence a statement to explain the clubs stance could draw a line under the episode, and if the club still refuse to pay for Johnny's photo then fair enough we will pay for it ourselves.
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| Quote ="Bet Lynch"a statement to explain the clubs stance could draw a line under the episode'"
Do you really believe that?
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| Quote ="Bet Lynch"I agree, but we do not know if Hull FC were presented with that kind of break-down or not, posters are just surmising, also posters are assuming that AP has chosen not to pay the costs due to principle yet it maybe down to finances which is fair enough. There are lots of questions unanswered but what amazes me is that people on here appear to know all the answers when realistically we all know nothing, hence a statement to explain the clubs stance could draw a line under the episode, and if the club still refuse to pay for Johnny's photo then fair enough we will pay for it ourselves.'"
For Gods sake Bet let it go - As some-one has said send AP an Email - you have been told so many times today it was and is not hundred that they want it is thousands. Speak with FC Voices or Ex Players Assoc they know what has been thrown at the club by these people.
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| Quote ="Bet Lynch"You really have shown your true colours on this thread, you have abused people who may have opposite opinions to you (and they are only opinions because you know as little as any-one else!!), you threaten posters with bans yet believe you can just start to call people thickos! you really are an embarrassment.'"
To be fair to him the true colours he has shown are unquestionably black and white.
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| Quote ="Bet Lynch"I agree, but we do not know if Hull FC were presented with that kind of break-down or not, posters are just surmising, also posters are assuming that AP has chosen not to pay the costs due to principle yet it maybe down to finances which is fair enough. There are lots of questions unanswered but what amazes me is that people on here appear to know all the answers when realistically we all know nothing, hence a statement to explain the clubs stance could draw a line under the episode, and if the club still refuse to pay for Johnny's photo then fair enough we will pay for it ourselves.'"
FFS try this:
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| Quote ="VoiceOfReason"Allams cannot be trusted, ask the staff at Ruscadors and the contract negotiators from Hull Ionians, oh yer and the local coucillors regarding the sale of the KC Stadium. Period
If Ehab Allam was in the private sector, he would of been SACKED by now.'"
You are making yourself look stupid...
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| Quote ="cod'ead"FFS try this:
'"
Not directed at you, Master Cod Fizzog (well, in between times) but you all seem impervious that Bet might have a point.
Family of Hull fans, and Hull through and through? Really?
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| Quote ="Kosh"Do you really believe that?'"
Do you really believe half the stuff you've posted these last couple of days?
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| If Allem/SMC really do jack it in then is there any possibility of having a charitable trust being set up to run the stadium?
I'm sure without some serious creaming off of the 'profits' in years gone by the council would have had a fair bit more than they have (even more if they had bothered to run the damn thing themselves)
With better use and no private profit lead organisation at the helm balancing the books would be easier to achieve from the two encumbants but also they might get more use of the other facilities for the citizens of Hull and local non profit making/charitable organisations.
Feasible or not?
When I came last weekend the stadium was looking very shabby from the oputside, rust on some of the metalwork, if the so called 'management' of the stadium had been done correctly this wouldn't be the case at all.
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| Quote ="Kosh"It's also easy to register a loss when you leave £1.2m and ~£800k 'cash in hand' in the bank at the end of the financial year. Coincidentally around twice the posted loss in each case.
If I've read correctly the repairs have already been made and the claim is retrospective to cover costs already incurred. This is quite an odd situation as warranty certs are rarely needed on a building like the KC where it's easy to prove who provided what and when.'"
The amount of cash a company has in it's account has nothing to do with it's profit or loss
Aren't you the THICKO!!!!
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| Quote ="Kosh"It's also a tactic that can be used to legally avoid having to pay corporation tax - and I have personal experience of a company successfully exploiting this loophole for many years.'"
A lot of companies will try and run close to break even to avoid paying corporation tax. Running at a £400,000 loss is taking it a bit far. Your argument does not stack up. THICKO!!!
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| Does anyone know the procedure for reporting a MOD?
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| Quote ="Pony685"A lot of companies will try and run close to break even to avoid paying corporation tax. Running at a £400,000 loss is taking it a bit far. Your argument does not stack up. THICKO!!!'"
What are you bringing to the debate except for name calling?. Directed at a mod too. You might get away with it on Not 606 but this site has a AUP policy. I can see you going bye bye.
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| Quote ="F.C. Aces"What are you bringing to the debate except for name calling?. Directed at a mod too.
You might get away with it on Not 606 but this site has a AUP policy. I can see you going bye bye.
'"
I am helping a MOD understand some basic business principles..
Do you mean a MOD who has been calling other posters THICKOS?
So I can cop a ban but it's OK for a MOD.
I see how it works now.
Thanks
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| Quote ="Kosh"It's also a tactic that can be used to legally avoid having to pay corporation tax - and I have personal experience of a company successfully exploiting this loophole for many years.'"
All companies will avoid paying Corporation Tax if they can just as individuals do with their personal tax . Since the accounts are independently audited any figures would be satisfying current accounting policies .
It looks like in the SMC case , results have been modified to show a small profit every year by charging City extra to cover any shortfall whereas now it appears to be the result that reflects the respective contributions to the costs.
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| Quote ="F.C. Aces"What are you bringing to the debate except for name calling?. Directed at a mod too.
You might get away with it on Not 606 but this site has a AUP policy. I can see you going bye bye.
'"
Yesterday your Mod spent most of the evening calling posters "Thicko" who disagreed with his views , I suggest you have a look at your own Mod training before constantly quoting the AUP policy .
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| Quote ="Duncombe Towers"Yesterday your Mod spent most of the evening calling posters "Thicko" who disagreed with his views , I suggest you have a look at your own Mod training before constantly quoting the AUP policy .'" Sorry i never read the posts as i was at the game last night, but some of ponys posts yesterday were on the brink anyway. I have always known kosh to be fair and honest in his opinion and he always adds something to a intresting debate. It seems one or two are on their high horses and it's stating to get personal between Hull and City fans. All i want is the Allams to see sense and put the picture's back in what is a shared public stadium. I have no time for pettyness.
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Club Owner | 22277 | No Team Selected |
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| Quote ="Pony685"The amount of cash a company has in it's account has nothing to do with it's profit or loss
Aren't you the THICKO!!!!'"
You mean "its".
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| Quote ="F.C. Aces"Sorry i never read the posts as i was at the game last night, but some of ponys posts yesterday were on the brink anyway. I have always known kosh to be fair and honest in his opinion and he always adds something to a intresting debate. It seems one or two are on their high horses and it's stating to get personal between Hull and City fans. All i want is the Allams to see sense and put the picture's back in what is a shared public stadium. I have no time for pettyness.'"
I agree
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| Any idea what type of protests are planned against the Allams?
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| Quote ="Duncombe Towers"But based on the revelations today , it does involve Hull City since it looks like any SMC losses in the past were covered by extra charges been put on Hull City and not FC . Hence why City fans such as Lambrettaman & GaryinCottingham are commenting on this thread .'"
Don't you think the extra costs Hull City incur have something to do with a large police presence at every home game?. Hull don't need policing, so there's some of the costs already.Someones got to pay a rather large police bill and it aint Hull F.C..
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