According to the rulester [url=http://www.sporthull.co.uk/hullfc/news/HULL-FC-stronger-8211-Rule/article-1833302-detail/article.htmlHERE[/url

Very impressive given it was £millions not so long back.

Wonder if it's been refinanced elsewhere and/or what the current debts are made up of

Agree with that. Some of the creditors number will be deferred income from season passes for 2010. Completely guessing but would think there'll be money owed to the shirt manufacturer for stock for the shirt launch (depending on terms). The usual Payroll/tax/NI accruals. Beyond that, if we have re-financed at least it shows we're low enough risk to secure external funding.

Anyone fancy posting the Tony Sutton Q&A headlines - can't get them online?

I do not understand the finances too much, well not at all



However my KR friends often say well you owe the directors £1.5m etc...so are we now saying we do not owe our directors any-thing. If this is the case I would imagine our profits will get even better?

Well done rule and co.. Things really are looking good for the club on and off the pitch

I don't understand em too wwell either hoever MRS B will be explaining the accounts in some simplicity in this weeks Dentist Diary which we both hope will help make things a bit clearer.

I look forward as ever to reading the diary

Where's Vince I wonder????



Well done (again!!) to the club!

Reckon we'll be keeping that 'A' grade licence!!!

Now they are owed nowt and the club is self sufficient, they can **** off!





















(thers some winks there incase its missd by some)

Surely big raps go to Tony Sutton for this?

Having read the article this morning, I once again am proud of the way they're now dealing with things. Confidence is a major key. And we seem to have it seething out of us.

Time for a share issue then

Indeed! get the Kath out campaign in full swing now! We owe her nowt, get rid!

With a decent season this year in both comps , Possibly an increase in attendance and the Directors now paid up. Our profits for this season should make pretty good reading.

Why what would you like to share with us all Hutchie?

Second thoughts - I don't want to know!!

Excellent work from the club. This gives us far more freedom in the future.

and we are not a boom or bust club. little dig at the dobbins ther by rule. love it

I always had a little hope that whilst we owed the directors ££ then they would steer the ship right to preserve their own ££ . Now they are all paid up let's get a share option going for 49% of the Club so we can all have a say and keep the same conservative lid on the finances. We must always budget for worst case and never , ever try and keep up with our near bankrupt neighbours. ' NO return to Boom and Bust politics'

I love it when Rule gets the sly jibe in and can't wait for this weekends results as well. Giants are a very good side and unlike the team that finished below them , they have stayed strong lol lol

Big raps to the shareholders too who stuck their hands in their pockets to keep us afloat and who didn't walk away when the going was tough. Glad they've had their money back and hope they stick around

The good news keeps flowing from the club, we have all had our digs at Rule & Co but credit to them for making us one of if not the most stable club financially in the super league. We have continued to post profits even in dire times on the pitch, considering during this time we have been whittling our debt down this is a fantastic achievment.

Reckon there are a lot of clubs out there who would gladly swap with us.

Hull also report having 'fixed assets' of more than £1.3m in their accounts – including £980,000 worth of players, which are counted as 'intangible fixed assets'. The players are included as assets despite club auditors advising against it, as it is not in accordance with financial reporting standards.

Despite this, finance director Tony Sutton insists in his view it is only right they be included, and he stressed their inclusion has no impact on the profits.

He explained: "Everything we do links back to how those players play on the pitch, so they are, in a true sense, an asset."

HOPE THIS CLEARS THE MATTER UP ONCE AND FOR ALL FOR OUR 6 TOE'D NEIGHBOURS.......GET IN THERE.

GREAT NEWS FROM A GREAT CLUB....ONWARDS AN UPWARDS...

It is good news, and factor in what the Boulevard will be worth when redeveloped and we'll have assests of about £3m all told.

Which is much better, maybe now the owners can put a price on their shares!

Ah, this old chestnut, do tell why you want rid this season?

because Chairmen & CEO's quitting is this months trend

you missed the word "failing"