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| However, I think to date NH has done a spectacularly successful job of running the club - as a club, if not a business.
I could have done that as well by going £450,000 over budget for 3 years with no real assets to secure the debt against. How can you say he has done a good job ????? Team has done well but what has that got to do with a loss of £450,000 each year. Look at Widnes
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| I think part of the problem is that there is not enough local commercial money in the city for three top flight professional clubs.
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| Quote ="Nobeerineasthull"The flaw in your argument is that the directors are also the shareholders i.e. the owners of the club.
All business owners have to be ready to put money into their business when its needed.
If the director/shareholders want their money back, the business can repay them (as and when it can afford it) or they can sell it to someone else and get their money back that way.
There is no flaw in the argument. The directors of Hull SL are now after a few years having their loans (which they took out of the club in the first place) repaid over a period of time. Hudgell seems to be pointing out that the club has to stand on its own as does every sports club. It will be interesting to see if there is any "debt repayment" following SL's disatrous season just passed...I doubt it!
p.s.
The suggestion that the director/shareholders would simply demand their loans back and wind up the club in order to get it is fanciful as it would render their shares worthless.'"
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| Quote ="Kosh"Put the sock away. There is no 'rent' on the KC, for a start.'"
Who told you that? Was it the word famous "Wilf rent-free Rosenburg" by any chance?
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| Quote ="Vicenzo"Who told you that? Was it the word famous "Wilf rent-free Rosenburg" by any chance?'"
I meant to say "world famous" but it works just as well don'tyou think?
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| Quote ="Mild Rover"Some interesting points. However, I think to date NH has done a spectacularly successful job of running the club - as a club, if not a business. Would we rather be breaking even each year in the Championship, with no prospect of ever getting a SL licence or be where Rovers are today, warts and all? I believe the B&W assessments of NH are made because they are fans and it gets personal - who knows?
If it had been treated as a purely business venture, Rovers would never have got a SL license. Also moving forward, would it not appear more incongruous for a profitable business venture to be receiving public money in such straitened times, rather than supporting an important community asset?
Tbh, I don't think sports clubs should benefit from public support. But they do and I don't see why Hull KR shouldn't ask for a slice of the pie. Though it might appear to be petty rivalry, reminding people of the support Hull FC have received is a useful political tool. Just speculating, but the £300k that was secured from the for the east stand extension may not have been won by somebody uninterested in the doings of Hull FC - there is certainly a competition for resources. It is both useful and, sadly, easy for NH to present Rovers (and by implication therefore, East Hull) as having had the rough end of things in recent years.'"
That is the crux, to survive in top flight it has to be viewed as a business in order to survive, he may be great for the fans mixing in the east stand, on occasions passing remarks about his rivals (fc), kr fans love all this, nice and cosy..however he is losing half a million a year!! would you not sooner have more financial stability some-one who has no interest in us and is only focused on your club,or are you happy Hudge who loves to get one over his rivals and imo overspends in his quest to do this, Cooke, Dobson
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| Quote ="Tarquin Fuego"
I could have done that as well by going £450,000 over budget for 3 years with no real assets to secure the debt against. How can you say he has done a good job ????? Team has done well but what has that got to do with a loss of £450,000 each year. Look at Widnes'"
You're assuming an investment budget of £0. And unless you are wealthy (ie would be willing and able to spend £1.35 million over 3 years), no you couldn't. On the other hand, I'm pretty confident that given a council-built state of the art stadium and a team that had just been to Old Trafford, that I could have matched the performance of Hull board over the same 3 year period.
I do look at Widnes - they are a very good comparator. They were rescued from administration by a wealthy benefactor in 2007. They have have a lovely, but rarely very full, stadium that was built in partnership with Halton Borough Council, where they host their Championship and NRC fixtures. All of which reflects rather well on the Stewardship of NH, IMO.
The team has done well and that has been crucial making the club more than mere SL makeweights. In fact many clubs use the performance of their team as an important metric of success.
You ask how I can say he has done a good job. Well look at where the club were when he started and look where they are now. I'm hardly a lone voice in the wilderness on this:
Quote ="Andy Wilson in July 2009"First, huge credit where it is due to Hull Kingston Rovers, starting from their chairman Neil Hudgell and Justin Morgan, the coach he appointed in that summer of 2005. Hudgell, a local solicitor and passionate Rovers fan, started with ambition and vision, and had the drive and intelligence to turn unlikely dreams into reality.'"
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| Quote ="Vicenzo"Who told you that?'"
It's a matter of public record.
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| Quote ="Mild Rover"You're assuming an investment budget of £0. And unless you are wealthy (ie would be willing and able to spend £1.35 million over 3 years), no you couldn't. On the other hand, I'm pretty confident that given a council-built state of the art stadium and a team that had just been to Old Trafford, that I could have matched the performance of Hull board over the same 3 year period.
I do look at Widnes - they are a very good comparator. They were rescued from administration by a wealthy benefactor in 2007. They have have a lovely, but rarely very full, stadium that was built in partnership with Halton Borough Council, where they host their Championship and NRC fixtures. All of which reflects rather well on the Stewardship of NH, IMO.
The team has done well and that has been crucial making the club more than mere SL makeweights. In fact many clubs use the performance of their team as an important metric of success.
You ask how I can say he has done a good job. Well look at where the club were when he started and look where they are now. I'm hardly a lone voice in the wilderness on this:'"
Catalans ?
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| Quote ="berrigans bitch"That is the crux, to survive in top flight it has to be viewed as a business in order to survive, he may be great for the fans mixing in the east stand, on occasions passing remarks about his rivals (fc), kr fans love all this, nice and cosy..however he is losing half a million a year!! would you not sooner have more financial stability some-one who has no interest in us and is only focused on your club,or are you happy Hudge who loves to get one over his rivals and imo overspends in his quest to do this, Cooke, Dobson'"
That may be true for Rovers, [igoing forward[/i, but the fact 11 teams (I'll discount Bradford's very small loss this year) are losing money, shows that clubs are often not viewed as a business, were profitability is paramount. They have often been and will likely continue to be a way for wealthy men to get their kicks, [iin many cases[/i.
The link you seem to be making between the losses and NH's keeness to get one over on Hull, is a false one. They are not linked. Signing Cooke added quality to a squad struggling against relegation and Dobson was hardly a luxury signing - we need a SH and he has turned out to be a good 'un. If it hadn't been them, it would have been somebody else on a similar wage.
As for the businessman/fan approach - whichever works at the time. If the club needs to tighten its belt in coming seasons, so be it. A period of consolidation after one of rapid growth would not be the greatest hardship.
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| Quote ="Mild Rover"You're assuming an investment budget of £0. And unless you are wealthy (ie would be willing and able to spend £1.35 million over 3 years), no you couldn't. On the other hand, I'm pretty confident that given a council-built state of the art stadium and a team that had just been to Old Trafford, that I could have matched the performance of Hull board over the same 3 year period.
I do look at Widnes - they are a very good comparator. They were rescued from administration by a wealthy benefactor in 2007. They have have a lovely, but rarely very full, stadium that was built in partnership with Halton Borough Council, where they host their Championship and NRC fixtures. All of which reflects rather well on the Stewardship of NH, IMO.
The team has done well and that has been crucial making the club more than mere SL makeweights. In fact many clubs use the performance of their team as an important metric of success.
You ask how I can say he has done a good job. Well look at where the club were when he started and look where they are now. I'm hardly a lone voice in the wilderness on this:'"
He has racked up massive , ever increasingy seemingly unrepayable , LOSSES. If the team doesn't perfrm so well this year then the extension in East stand will be pointless and another LOSS will be recorded again. My whole point is that he seems like someone wanting to get out as I have never heard so much from him in the media, about how 'tough' the job is and how he has thought many times about getting out.
I think he would like to be a BIG fan of the club , enjoying corporate hospitality every week , but not responsible for running it anymore as it is a ballache of a job handling losses.
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| How many sporting clubs break even? Most of the premiership football teams don't. Any one putting money into a team will not expect to get it back; If you can find someone else to share the expenditure the that's what you'll try and do.
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| Quote ="Mild Rover"That may be true for Rovers, [igoing forward[/i, but the fact 11 teams (I'll discount Bradford's very small loss this year) are losing money, shows that clubs are often not viewed as a business, were profitability is paramount. They have often been and will likely continue to be a way for wealthy men to get their kicks, [iin many cases[/i.
The link you seem to be making between the losses and NH's keeness to get one over on Hull, is a false one. They are not linked. Signing Cooke added quality to a squad struggling against relegation and Dobson was hardly a luxury signing - we need a SH and he has turned out to be a good 'un. If it hadn't been them, it would have been somebody else on a similar wage.
As for the businessman/fan approach - whichever works at the time. If the club needs to tighten its belt in coming seasons, so be it. A period of consolidation after one of rapid growth would not be the greatest hardship.'"
really..not sure that is the view by your board..Celtic not happening though he turned it down
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| Quote ="Vicenzo"Lets just have a look at this. A club in SL finds it cannot compete at the top level just on gates and sponsorship. In order to maintain their status the directors of the club lend it large amounts of money to enable this. The loans pile up and at some point the directors start wanting their money back. Does this sound familiar to any fans from across the City?
'"
So which is better - for a club (or any business) to owe money to its owners or to owe money to external creditors, such as a bank?
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| Quote ="berrigans bitch"Catalans ?'"
Taco Bell? Henry Akinwande, the former WBO World Heavyweight champion? Silicon Valley?
Sorry...
Catalans have enjoyed a successful period, [i too[/i.
Is that your point?
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| Quote ="Tarquin Fuego"He has racked up massive , ever increasingy seemingly unrepayable , LOSSES. If the team doesn't perfrm so well this year then the extension in East stand will be pointless and another LOSS will be recorded again. My whole point is that he seems like someone wanting to get out as I have never heard so much from him in the media, about how 'tough' the job is and how he has thought many times about getting out.
I think he would like to be a BIG fan of the club , enjoying corporate hospitality every week , but not responsible for running it anymore as it is a ballache of a job handling losses.'"
Link for the bit in bold?
At some point he will want to pass the reins on, I'm sure. It must be a very demanding job and being just a fan will no doubt be easier and more fun. At that point he may, along with Crossland, stop pouring in cash - and then the club may very well have to operate as break even business, at least.
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| Quote ="fcimp"I'll give you a clue, one has a successful, sustainable business plan, the other has spent money they can't pay back and is now begging to anyone who'll listen to bail them out. I'm looking forward to our future, are you doing cartwheels about yours?
'"
What a divvy you are,
1, where have Rovers borrowed money from?
2, Can't pay back? do you realise libel is against the law!
3, I used to be the sports portfolio holder for sports development on the council and your Chairwoman, current CEO and Mr Plummer came to my office to ask for £1/2m, just 3 yrs ago, so don't talk to me about begging. unlike most of your unsubstantiated crap I can prove my comments.
And under the freedom of information act, write to the council and ask for the paper work surrounding the sale of the boulevard, you will find out what the true description of begging is then.
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| Quote ="Mild Rover"Taco Bell? Henry Akinwande, the former WBO World Heavyweight champion? Silicon Valley?
Sorry...
Catalans have enjoyed a successful period, [itoo[/i.
Is that your point?'"
yes
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| Quote ="phil webbo"What a divvy you are,
1, where have Rovers borrowed money from?
2,Can't pay back? do you realise libel is against the law!
3, I used to be the sports portfolio holder for sports development on the council and your Chairwoman, current CEO and Mr Plummer came to my office to ask for £1/2m, just 3 yrs ago, so don't talk to me about begging. unlike most of your unsubstantiated crap I can prove my comments.
And under the freedom of information act, write to the council and ask for the paper work surrounding the sale of the boulevard, you will find out what the true description of begging is then.'"
One can only hope you show much more professionalism in your so called important position
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| Quote ="phil webbo"I used to be the sports portfolio holder for sports development on the council and your Chairwoman, current CEO and Mr Plummer came to my office to ask for £1/2m, just 3 yrs ago, so don't talk to me about begging. unlike most of your unsubstantiated crap I can prove my comments.
And under the freedom of information act, write to the council and ask for the paper work surrounding the sale of the boulevard, you will find out what the true description of begging is then.'"
Did you really? If so aren't you supposed to keep such matters confidential, even after you have left the post?
Did the fact that you are a Rovers fan (and from your bile-filled post you obviously hate Hull FC) influence your decision making in relation to whatever request they allegedly made?
Did you declare your interest to the council and to Hull FC? If not, why not?
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| Quote ="Tarquin Fuego"He has racked up massive , ever increasingy seemingly unrepayable , LOSSES. If the team doesn't perfrm so well this year then the extension in East stand will be pointless and another LOSS will be recorded again. My whole point is that he seems like someone wanting to get out as I have never heard so much from him in the media, about how 'tough' the job is and how he has thought many times about getting out.
I think he would like to be a BIG fan of the club , enjoying corporate hospitality every week , but not responsible for running it anymore as it is a ballache of a job handling losses.'"
Just wondering have you been on the other 11 clubs boards posting a similar thread or is it you who has the problem specifically with NH. If I have this correctly barring Leeds, Hull and Bradford (although they are struggling financially now) the remaining clubs are running up LOSSES and if they dont perform the year will be pointless and another LOSS will be recorded by them.
Has it crossed your mind that maybe NH is making a lot of noise to try and nudge the council, grant providers and other local businesses into investing into the club.
To me looking at this thread and countless others both on this board and the FC one, you come across as a very bitter person who seems to have had their feathers ruffled by firstly us getting promoted (you'll never stay up, this will be a laugh, watch rovers lose every match), stay up (well it wont last we'll be far better than you next year) and then progress into a position that wouldn't have even occurred to you in your worst nightmare. Now having had two or three three years of his own team wallowing in the depths of the league is clinging to the fact that we are in a simialr, (in some ways worse, someways better ) position to 80% of SL clubs.
So in short, these are worrying times for RL as a whole but maybe you'll get your way and in 4 years time the league will consist of you and Leeds and you'll still finish in the bottom half of the league.. Sit in anyone..
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| Quote ="phil webbo"2,Can't pay back? do you realise libel is against the law!'"
And for your information libel is a tort (a civil wrong), not a criminal offence.
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| Any way..I am the mayoress
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| Quote ="Nobeerineasthull"And for your information libel is a tort (a civil wrong), not a criminal offence.'"
Who said it was a criminal offence, nice try pillock.
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