Re: Dear Board of Directors. : Fri Apr 28, 2023 2:53 pm  

PopTart wrote:

You forget the asset we now have to go with that debt.

as far as I see it the ground and the land are the assets the new stand and the rest are buildings on the assett so we are in debt to the council over 3 million which as to be paid back and will be extremely difficult to do if we go down but don't let that detract from your obsession of defending Carter and the club.

Re: Dear Board of Directors. : Fri Apr 28, 2023 3:14 pm  

I have yet to see the ones who demonstrate pure hatred towards a certain individual offer anything concrete as to a way forward. They seem to revel in an almost orgasmic state at the opportunity presented to them to satisfy long held grudges and grievances .
As many more rational people have said mistakes have been made, but that happens.
Now is the time to get behind the club and endeavour to work out a way forward.

Re: Dear Board of Directors. : Fri Apr 28, 2023 3:25 pm  

First25 wrote:

Now is the time to get behind the club and endeavour to work out a way forward.

That is a fair enough thing to suggest and I am sure most supporters are fair minded enough to agree. However I don't see any evidence that this present BOD know how to get the club out of this downward spiral. I think player swaps like Hall for Dagger shows to me they haven't got a clue.

Re: Dear Board of Directors. : Fri Apr 28, 2023 3:31 pm  

Prince Buster wrote:

Don't companies go bankrupt in your world

,

I could be wrong - but i dont think from memory companies can go bankrupt,they can become insolvent,bankruptcy is for Individuals.
Either way it wouldnt surprise me in the least if the company (Spirit of 1873 ltd) becomes insolvent after our departure from super league.The new stand and associated debt/repayments i fear will actually become the millstone around our neck.

The bit i cant quite fathom and in fairness is the only bit of hope i have remaining with regards the financial stability when we are relegated is - surely the board know the above, so why allow this predicament to unfold,unless they have a solution/or there is a plan B.

Re: Dear Board of Directors. : Fri Apr 28, 2023 3:36 pm  

First25 wrote:

I have yet to see the ones who demonstrate pure hatred towards a certain individual offer anything concrete as to a way forward. They seem to revel in an almost orgasmic state at the opportunity presented to them to satisfy long held grudges and grievances .
As many more rational people have said mistakes have been made, but that happens.
Now is the time to get behind the club and endeavour to work out a way forward.

the current board including the ceo are the present custodians of the club and therefore it is up to them to find a way forward and at the present time they are making a cows backside of it, il say again we are over 4 million in debt, we don't seem to have a pot to pee in, we have the worst squad in our super league history, the product on the field Is poor and we can't afford to change things, there's a good chance we will go down and then we are up the creek.

Re: Dear Board of Directors. : Fri Apr 28, 2023 3:44 pm  

First25 wrote:

I have yet to see the ones who demonstrate pure hatred towards a certain individual offer anything concrete as to a way forward. They seem to revel in an almost orgasmic state at the opportunity presented to them to satisfy long held grudges and grievances .
As many more rational people have said mistakes have been made, but that happens.
Now is the time to get behind the club and endeavour to work out a way forward.

Some have

[PopTart]

Re: Dear Board of Directors. : Fri Apr 28, 2023 3:50 pm  

MOPSEY LIVES ON wrote:

as far as I see it the ground and the land are the assets the new stand and the rest are buildings on the assett so we are in debt to the council over 3 million which as to be paid back and will be extremely difficult to do if we go down but don't let that detract from your obsession of defending Carter and the club.

Lol. You are funny Mopsey. You realise you are showing obsessive signs too?
Anyway, the point of the stadium asset is to
1) Keep us in, or a chance of returning, to Super League.....which drives higher income for the rugby side
2) generate income outside the rugby side.

In all mortgages, the point is to buy an expensive asset that will either make money through inflation of land or building prices, or generate income in excess of its cost over time, that you couldn't buy in one go and would lose the opportunity of the income without it.

I've no crystal ball to say it will all work, but it makes sense to me.
Added bonus of nice place for me to sit and watch rugby.
I don't think it's just Carter's idea.

Re: Dear Board of Directors. : Fri Apr 28, 2023 5:23 pm  

First25 wrote:

I have yet to see the ones who demonstrate pure hatred towards a certain individual offer anything concrete as to a way forward. They seem to revel in an almost orgasmic state at the opportunity presented to them to satisfy long held grudges and grievances .
As many more rational people have said mistakes have been made, but that happens.
Now is the time to get behind the club and endeavour to work out a way forward.

Hear bloody hear!!! Sick of the carping without one single, sensible concrete idea of their own and also without act knowing anything much about what is going on or has gone on behind the scenes. I've questions and criticisms but the level of paddy throwing by some is mind blowing

Re: Dear Board of Directors. : Fri Apr 28, 2023 7:03 pm  

It shouldn’t be the fans jobs to find the solutions.

Re: Dear Board of Directors. : Fri Apr 28, 2023 7:06 pm  

PopTart wrote:

I wrote one in about 1992.
It was to a girl in France.

Did she look like Norah Batty, but you thought she was a dead ringer for Bridget Bardot?