Re: Profit : Tue Aug 31, 2021 1:10 pm  

Well done mc

The guy is class

Re: Profit : Wed Sep 01, 2021 7:50 am  

This is profit based on yearly income, so basically we have made money over a twelve month period and this our cash flow must have been ok.

The debt that really counts I’d historic debt and our ability to service that. I have no idea what this is but it’s at least three million or whatever the ground cost.

To me that profit indicates an ability to service that debt.

Re: Profit : Thu Sep 02, 2021 7:40 am  

Marvellous to have made a profit when you consider that Leeds Whinos were recently reported to have made a loss of over a million in each of their last two years.

[PopTart]

Re: Profit : Thu Sep 02, 2021 7:45 am  

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Two Points wrote:

Marvellous to have made a profit when you consider that Leeds Whinos were recently reported to have made a loss of over a million in each of their last two years.

But they spent their money on a shiny new stadium.

Re: Profit : Thu Sep 02, 2021 8:18 am  

Yes Leeds did have a shiny new stadium to pay for but I thought there was some kind of loan from the council. Maybe I'm wrong but the fact remains they made a substantial loss two years running.

Re: Profit : Thu Sep 02, 2021 9:14 am  

PopTart wrote:

[fimg=][/fimg]But they spent their money on a shiny new stadium.

Er, they didnt pay for all of it.
Contributed £5m of the total cost of £40m.

Re: Profit : Thu Sep 02, 2021 9:47 am  

BarnsleyGull wrote:

Er, they didnt pay for all of it.
Contributed £5m of the total cost of £40m.

First of all, I`m not sure that`s accurate, secondly how much have we as a club contributed to any sort of development of our stadium? 50k? Jesus, Leeds have done a stellar job at the development, and have bit the bullet on the loss, even if it is 5 mil, that's still huge sum for a RL club, I get that they have had support from various parties but your comment just screams people in glass houses and all that.

Re: Profit : Thu Sep 02, 2021 9:57 am  

homme vaste wrote:

First of all, I`m not sure that`s accurate, secondly how much have we as a club contributed to any sort of development of our stadium? 50k? Jesus, Leeds have done a stellar job at the development, and have bit the bullet on the loss, even if it is 5 mil, that's still huge sum for a RL club, I get that they have had support from various parties but your comment just screams people in glass houses and all that.

Didn’t MC in a recent Q&A session, say that the new floodlights cost £400,000, plus the refurbishment of the Cars bar new roof which he says he was surprised how high the costs were for that. I’ve no idea where the funding came to pay for those improvements, but I’m sure MC & JM, will have everything under control.

[PopTart]

Re: Profit : Thu Sep 02, 2021 10:49 am  

Dunkirk Spirit wrote:

Didn’t MC in a recent Q&A session, say that the new floodlights cost £400,000, plus the refurbishment of the Cars bar new roof which he says he was surprised how high the costs were for that. I’ve no idea where the funding came to pay for those improvements, but I’m sure MC & JM, will have everything under control.

Of all the things that go on at the club, on and off the field, Carter's ability to run the club financially is the one thing I have confidence.

In all honesty, when other clubs look to take our prized assets like Tom or Reece, they'd actually be better off trying to tempt MC. He's the most valuable thing we've got.
I don't know him personally. Just how I see it from a supporter of a club that's been on the brink too many times before.

Re: Profit : Thu Sep 02, 2021 11:15 am  

homme vaste wrote: First of all, I`m not sure that`s accurate, secondly how much have we as a club contributed to any sort of development of our stadium? 50k? Jesus, Leeds have done a stellar job at the development, and have bit the bullet on the loss, even if it is 5 mil, that's still huge sum for a RL club, I get that they have had support from various parties but your comment just screams people in glass houses and all that. Really? https://www.insidermedia.com/news/yorks ... -laid-bare

homme vaste wrote: First of all, I`m not sure that`s accurate, secondly how much have we as a club contributed to any sort of development of our stadium? 50k? Jesus, Leeds have done a stellar job at the development, and have bit the bullet on the loss, even if it is 5 mil, that's still huge sum for a RL club, I get that they have had support from various parties but your comment just screams people in glass houses and all that. Really? https://www.insidermedia.com/news/yorks ... -laid-bare