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| Quote ="hull smallears"The £750k loss on the delay in the north stand, is at best, an =#FF0000AUP 1.2, libel. I would love someone to prove how this is calculated.'"
At worst it is spin. From what I recollect, it was something like £250k in [iprojected[/i revenue and a large one-off lump sum for a (presumably long-term) brewery/catering deal. It is an estimate and it combines both a firm (and major) cashflow blow and a less solid, in terms of scale, loss of revenue.
I've given up on expecting any sort of rigour on these sorts of things - people can line numbers up to tell any story they like, so they do. Pick holes in it, if you wish (in moderation ) so long as you're aware it isn't just 'us' that does this.
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| Quote ="Sandra The Terrorist"Could that be because it's a completely idiotic analogy?'"
Looking at the author is that surprising?
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| Quote ="Anakin Skywalker"Looking at the author is that surprising?'"
one answer ban the author please
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| Quote ="Jake the Peg"[url=http://www.thisishullandeastriding.co.uk/Mike-Smith-Hull-KR-solid-foundation-coping/story-18788483-detail/story.html#axzz2RAaWc9PMmike smith's view of things[/url
I understand tony robinson is doing a "world's worst jobs" special on being mike smith's PA'"
......and perhaps your English teacher .
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| Quote ="Mild Rover"At worst it is spin. From what I recollect, it was something like £250k in [iprojected[/i revenue and a large one-off lump sum for a (presumably long-term) brewery/catering deal. It is an estimate and it combines both a firm (and major) cashflow blow and a less solid, in terms of scale, loss of revenue.
I've given up on expecting any sort of rigour on these sorts of things - people can line numbers up to tell any story they like, so they do. Pick holes in it, if you wish (in moderation
) so long as you're aware it isn't just 'us' that does this.'"
Spin? I imagine that this politicians version is alright then. Well providing people don't always believe spin (and yes it is not just you) then all is well with the world.
On the basis of spin, and the spin that noone from Rovers knew anything about the stand being blue, crooked, under provided with amenities etc et, I would imagine some of this spin money, will be spinning its way back into Rovers coffers?
When Rovers possibly spin into Adspinistration, what will happen to the loss? Maybe you could spin it as rugby related losses" or something like.
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| Quote ="Mild Rover"At worst it is spin. From what I recollect, it was something like £250k in [iprojected[/i revenue and a large one-off lump sum for a (presumably long-term) brewery/catering deal. It is an estimate and it combines both a firm (and major) cashflow blow and a less solid, in terms of scale, loss of revenue.'"
If you assumed you'd get the new stand half full every week and all these were incremental, that could be 1,300 punters @ average £150 = £195k. That's being generous in the current climate and with availability on the day in all stands currently. Let's "round up" to your £250k. The balance lump sum is therefore £500k, which you think is a long term upfront payment on a deal for beer and catering. Let's say, again generously, that it's a 5 year deal, so £100k a year. To get half a million quid up front now, including £100k in respect of 2017 would be staggering. What sort of catering company would have the money and risk hunger to do that, particularly given Rovers well-documented financial challenges? It seems both an astronomical cash amount for 13 dining occasions per annum (in a low margin sector), and also huge risk/generosity on the part of the caterers to be bankrolling Rovers in 2017 now. Long term sponsorships generally have annual instalments. The richness of this deal for Rovers appears immense, so presumably the fact it's delayed rather than lost altogether provides a good financial cushion for next year.
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| Quote ="Mrs Barista"If you assumed you'd get the new stand half full every week and all these were incremental, that could be 1,300 punters @ average £150 = £195k. That's being generous in the current climate and with availability on the day in all stands currently. Let's "round up" to your £250k. The balance lump sum is therefore £500k, which you think is a long term upfront payment on a deal for beer and catering. Let's say, again generously, that it's a 5 year deal, so £100k a year. To get half a million quid up front now, including £100k in respect of 2017 would be staggering. What sort of catering company would have the money and risk hunger to do that, particularly given Rovers well-documented financial challenges? It seems both an astronomical cash amount for 13 dining occasions per annum (in a low margin sector), and also huge risk/generosity on the part of the caterers to be bankrolling Rovers in 2017 now. Long term sponsorships generally have annual instalments. The richness of this deal for Rovers appears immense, so presumably the fact it's delayed rather than lost altogether provides a good financial cushion for next year.'"
That lot took some working out
Have you worked out how much FC lose per game
every time they fall well short of the 14,500?
I reckon they are heading for a record loss this season
What do you think?
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| Quote ="The_Mighty_F90"That lot took some working out
Have you worked out how much FC lose per game
every time they fall well short of the 14,500?
I reckon they are heading for a record loss this season
What do you think?'"
i bet you don't get 300 word response to that one 90 ,maybe a wagging finger for derailing.
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| Quote ="The_Mighty_F90"That lot took some working out
Have you worked out how much FC lose per game
every time they fall well short of the 14,500?
I reckon they are heading for a record loss this season
What do you think?'"
I agree. You usual de-railing tactics I see, surprised you've not been warned.
As usual, faced with you and champion de-railment mod Mild Rover, it's left to me to get the thread back on track. Do you think it's incredible business for Rovers to have been banking a cheque for £100k in respect of 2017 pie sales this year?
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| As I say, you can line the numbers up however you like, papering over the gaps with assumptions and inference. My assumption is that if an independent assessment were made it might well give a different (lower) number, but from memory Hudgell defined that figure loosely, and the answer depends on how you frame or interpret the question.
So yeah, it can probably go alongside Pearson's comparison of your rent and Bradford's. or whatever it was. it doesn't mean, in either case, that there isn't arguably a valid point behind the (possibly) dodgy advocacy. Whatever the number, the delays to the North Stand have cost us (ie him), relative to if it had been on or closer to schedule.
But we are where we are. The simple equation is new money = good. No new money = bad. From our pov, obviously.
PS. You're a self-acknowledged troll, you don't get to decide where the rails or tracks are. Soz. Why haven't I got the finger wagging emoticon?
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| Quote ="clockwork mouse"......and perhaps your English teacher .'"
Why would that be? Because I don't capitalise the first letter of insignificant people's names?
My English teacher was ace, had an amazing rack on her
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| Quote ="Mild Rover"Hudgell defined that figure loosely'" OK. But it's been referenced a lot, and again today by the Chief Exec? Must be well substantiated.
Quote ="Mild Rover"Pearson's comparison of your rent and Bradford's'" Obsessed derailer.
Quote ="Mild Rover"Why haven't I got the finger wagging emoticon?
'"
Bend over
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| Quote ="Jake the Peg"Why would that be? Because I don't capitalise the first letter of insignificant people's names?
My English teacher was ace, had an amazing rack on her'"
Maybe it was your wonderful spelling of the topic title. Numpty.
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| Quote ="incognito"Maybe it was your wonderful spelling of the topic title. Numpty.'"
I can spell fine, it's my fingers that can't type
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| Mrs B hasn't taken into consideration the 12 corporate boxes that will hopefully be used every matchday and the new larger restaurant that comes with the build?
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| Quote ="Jake the Peg"
My English teacher was ace, had an amazing rack on her'"
Same here. The most jealous moment of my life was when I went back to a 6th Form end of year bash after 2 years away at uni, and my best mate pulled the aforementioned English teacher.
Funny, I don't speak to him these days.
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| Quote ="Easty"Mrs B hasn't taken into consideration the 12 corporate boxes that will hopefully be used every matchday and the new larger restaurant that comes with the build?'"
At a stretch you could reconcile the potential lost revenue of £250k. The upfront cash of half a million is the confusing bit. I struggle to grasp the commercial agreement by which Rovers get a cash lump sum of £500k in a low margin arena like catering. Don't forget too that part of the revenue from the restaurant will simply be existing customers trading up a bit.
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| Quote ="Mrs Barista"At a stretch you could reconcile the potential lost revenue of £250k. The upfront cash of half a million is the confusing bit. I struggle to grasp the commercial agreement by which Rovers get a cash lump sum of £500k in a low margin arena like catering. Don't forget too that part of the revenue from the restaurant will simply be existing customers trading up a bit.'" We will end up with 2 restaurants though.
The current one and the new one in the North.
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| The £500k catering/brewery deal did sound like made up BS to me. Can't see any company stumping up £1/2m up front for potential future profits in the catering/pub sector currently
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| I didn't expect a response from Mrs Boreista
She steers clear of any negativity towards her club.
Bit of an ostrich
Did she mention anything about sponsorship of the North?
I fell asleep halfway through her second sentence.
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| Quote ="The_Mighty_F90"I didn't expect a response from Mrs Boreista
She steers clear of any negativity towards her club.
Bit of an ostrich
Did she mention anything about sponsorship of the North?
I fell asleep halfway through her second sentence.'"
What? It was my first sentence, you massive chump.
Quote ="Mrs Barista"I agree. '"
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| Quote ="Mrs Barista"What? It was my first sentence, you massive chump.
'"
That just proves how boring you are
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| Quote ="Anakin Skywalker"We will end up with 2 restaurants though.
The current one and the new one in the North.'"
Does the current restaurant sell out every week? I'm not saying you won't sell both out every week, but some folk will simply be existing customers moving to the new one. For context, as Mild Rover would say, we have one restaurant at the KC, with big windows onto the pitch and a bigger fanbase, and it doesn't sell out.
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| Quote ="Mrs Barista"At a stretch you could reconcile the potential lost revenue of £250k. The upfront cash of half a million is the confusing bit. I struggle to grasp the commercial agreement by which Rovers get a cash lump sum of £500k in a low margin arena like catering. Don't forget too that part of the revenue from the restaurant will simply be existing customers trading up a bit.'"
Duly noted. However, in the absence of any further information I'm not sure there's much that can be usefully added. The exact figure and how it was calculated doesn't seem to me like a particularly pressing issue from our pov, and we don't have an answer for you.
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| Mr Borista admitted to running a campaign to have our rent looked at.
She thinks it is unfair that Hull FC pay the largest rental rates in
the whole of the SL.
How is that going Mrs B?
I would go back through your previous posts to point out what you put
but that would just be sad.
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