So therefore profits are down even more than the 50k reported?

Why would profits be down?

Paying off the loans would not hit the p/l

Only loan interest would be in the P&L

IIRC, Leeds posted a turnover of around £10m last year. I'd expect ours to be at least half of that.

£2m from ticket sales throughout the year
£1m from merchanside
£1m from Sky rights
£1m from sponsorship
Rest from prize money, etc?

Can't be too far off.

Sponsorship will be nearer 3/4 mil. imho

Dont ask me , im not a bean counter



Just though if we made 250k profit per year, but then decided to pay 200k off loans, for example, so net profit is only 50k.

=#FF0000Hull have once again included their players as ‘intangible assets’ on their balance sheet, placing a value of more than £1m on their playing squad, as part of total assets of £1.42m.
It is a move which auditors Sadofskys stress is not in accordance with financial reporting standards.
However, FC have always justified including players as assets due to the huge impact they have on the success of the business in terms of results on the pitch, stressing they do not impact on profits or losses shown in the accounts each year.

You really are quite dense, aren't you?

So we made a profit still, thanks for clearing that up

it's been irrelevant since we started doing it, which was before your shower were in SL.

I am sure if Companies House or HMRC had an issue, we'd have had a fine and changed how we do things.

Just think, your losses and debt are nearly 4 x the value of our assets!

Can you show proof of this ? , or are you all still smarting at Mr Allam's gift

The clue is when they can't spell their user name properly

whatever you say

Actually, make that [ivery[/i dense.

just ignore him standee he is a wum not a very good one at that.if we ignore him he might go away!!!!

I just find some of the idiots infuriating, you could draw a great big letter A on a piece of paper and get a doctor of letters to confirm, under oath, that it was a letter A, after 6 seconds of "brain"washing from Grudge the KR fans will tell you it's definately a Q.

I hear your more of a flicker than a counter



Paying a loan off doesn't impact on profits.

lol standee your not wrong there.

Corr blimey I thought we had managed to get off the bottom of the education tables, is he right?

Is the income from the derby game(s) the difference between a profit and a loss ?

Difficult to say.

Afterall, with all the extra stewards, police and riot squad needed for the Eastern unwashed there will be additional costs involved.

That before the desanitisation process required for he North Stand once they have left.

I'd have said the income from any game is the difference if we've only made 30 grand, in fact the income from the sale of woolly hats may be the difference or those nice baseball caps

Would rather be successful and run at a loss but all the same it's nice to be in good shape for the 6th consecutive year.

The thing is Paul, if we were successful we'd run at a bigger profit margin, we just wont make the investment in the key position.

More than one key position though. Head coach is vital I agree but investment in players is also important, we seem to be getting the player rosta about right imo, lots of experience and youth combined with a few youngsters in the pipeline. Agar right now is rightfully still in his job and the board are sticking with their vision of having a young british coach and investing in british players.

I understand what they are doing but still question if it's the right thing, I ultimately think we need a top coach to win things but certainly don't expect Agar to be leaving this season provided the current performances are maintained.