Re: DoR - New Coach - Investor & Adam - New signings : Tue Sep 03, 2024 7:49 pm  

DSJ1983 wrote:

In what millennium would a rugby league club start to make profit after shelling out what’s likely to be somewhere in the region of £50 million to build that type of stadium from scratch? As said before the St Helens stadium cost £25 million 15 years ago. We have no existing ground or land to sell and the council would have no interest in building a ground as they already built a bigger better ground for us to play in.

Also I’m not sure it works that they’d be no overheads if we owned the stadium, quite the opposite.

As much as would love our own dedicated stadium, I agree. It would have to be a self financing Sports Village similar to Leigh and where will the club ever get the money to get that off the ground? If investors came in, they would be the majority share holders, not the club.

Re: DoR - New Coach - Investor & Adam - New signings : Tue Sep 03, 2024 8:36 pm  

DarksideDave wrote:

As much as would love our own dedicated stadium, I agree. It would have to be a self financing Sports Village similar to Leigh and where will the club ever get the money to get that off the ground? If investors came in, they would be the majority share holders, not the club.

Yep, There’s not one SL club at the last accounts making a profit, if they own their own ground or not. Gate receipts just don’t pay enough. It would literally take decades and decades to pay it off.

If there was some magical way we had enough money and were desperate not to pay rent then it would be easier to just buy the stadium.

Re: DoR - New Coach - Investor & Adam - New signings : Tue Sep 03, 2024 8:39 pm  

Wigan lost £1.7m in their last accounts having lost £1.5m the year before. Luckily for them their owner is seriously minted

Re: DoR - New Coach - Investor & Adam - New signings : Tue Sep 03, 2024 8:45 pm  

Contrary to popular belief the SMC is very good to us. It actually subsidies our costs against match day operations and the nominal payments we make are significantly below what it would cost us to fund a match day operation.

Our (Hull FC) contribution to pitch renovation (1, 200, 000 (also including new verti drain machines, top dressers, sacrifices etc) was part funded by the SMC and EFL funding via football.
Nothing from us.

It's not that bad deal we perceive.


.

Re: DoR - New Coach - Investor & Adam - New signings : Tue Sep 03, 2024 10:15 pm  

CarlB wrote:

Contrary to popular belief the SMC is very good to us. It actually subsidies our costs against match day operations and the nominal payments we make are significantly below what it would cost us to fund a match day operation.

Our (Hull FC) contribution to pitch renovation (1, 200, 000 (also including new verti drain machines, top dressers, sacrifices etc) was part funded by the SMC and EFL funding via football.
Nothing from us.

It's not that bad deal we perceive.


.

So was it an animal or human sacrifice and did it take place on the centre spot or behind a goal line

[Chris71]

Re: DoR - New Coach - Investor & Adam - New signings : Tue Sep 03, 2024 10:19 pm  

Armavinit wrote:

So was it an animal or human sacrifice and did it take place on the centre spot or behind a goal line

Well it’s almost been like lambs to the slaughter at points through this season so maybe it’s not a typo

Re: DoR - New Coach - Investor & Adam - New signings : Tue Sep 03, 2024 11:50 pm  

It's often rumour or minor details that feel like they are out of the club's control because of the SMC that irritate fans. As an example, on Saturday it was noted that there were no red 20m lines on the pitch. Apparently the SMC have forbade the use of red dye on the pitch. I didn't even notice but there was quite a conversation about it. Whilst this may be the case, it might also be a load of tosh and just a forgetful grounds keeper.

Re: DoR - New Coach - Investor & Adam - New signings : Wed Sep 04, 2024 4:55 am  

CarlB wrote:

Contrary to popular belief the SMC is very good to us. It actually subsidies our costs against match day operations and the nominal payments we make are significantly below what it would cost us to fund a match day operation.

Our (Hull FC) contribution to pitch renovation (1, 200, 000 (also including new verti drain machines, top dressers, sacrifices etc) was part funded by the SMC and EFL funding via football.
Nothing from us.

It's not that bad deal we perceive.


.

Correct, nobody complained about the stadium when we had a competitive side and played in front of 15k most weeks. Many things have stopped us being competitive recently but the stadium isn’t it. People were mad that we miss out on the 0.10 or whatever IMG points it is for primary tenancy but it’s really not important. It’s not a perfect situation but the costs would far outweigh any benefits.


If a die hard Hull fan like me wins a couple of hundred million on the lottery I’ll build this magical 15-18K stadium and I’ll give it to the club, until something like that happens it simply won’t happen. They often make noise about it but for all the millions and millions in TV money and a few different owners Hull City haven’t ever put the money up to buy the stadium. Suggests to me that we both must get a decent deal out of playing in a ground that the council built for us and ‘not owning’ the ground isn’t the handicap people (rovers fans) make out.

Re: DoR - New Coach - Investor & Adam - New signings : Wed Sep 04, 2024 6:40 am  

Irregular Hoops wrote:

The key to it will be getting a workable deal with the new lease.
A bespoke stadium would be ideal, but not realistic in this financial landscape.
Wonder if the potential new owner will have a pro active relationship with the SMC?
Be interesting to see if the new ownership involves more than one person being involved as well.

Spot on for me, let's not labour on a new stadium because it will never happen. Adam discussed the possibility in the warm autumnal glow post 2017 but the cold winter of Covid put an end to any such fantasy's and let's face is that's all that they were. The Stadium we play in is the best in British Rugby League we know because we've been to them all. It still attracts some of the best gates in the game despite playing host to what is now perhaps the most dysfunctional team in the British game. The deal we have with the SMC was always eched where we and (in theory) the Football Club were tenants through a lease agreement for 50 years each to be reviewed and possibly renegotiated after 25 years (a clause that was originally included to aid the two clubs should either or both fall on hard times and need a better deal). The upkeep of the stadium and the pitch is the responsibility of the SMC.

Its a deal that is weak and can be manipulated if you don't separate the interests of the football Club and the management company as was seen by the actions of the Allam's but I'm told the current regime is very fair now about all of that and relationships are good. However, it's costing the owner of the football club more than he likes and the new tenancy deal to be negotiated in the next couple of years is critical to both parties and will be tough for Hull FC. Something I'm sure any new owner/investor will be looking very closely at. But a new Stadium.... dream on!

Re: DoR - New Coach - Investor & Adam - New signings : Wed Sep 04, 2024 6:42 am  

DarksideDave wrote:

It's often rumour or minor details that feel like they are out of the club's control because of the SMC that irritate fans. As an example, on Saturday it was noted that there were no red 20m lines on the pitch. Apparently the SMC have forbade the use of red dye on the pitch. I didn't even notice but there was quite a conversation about it. Whilst this may be the case, it might also be a load of tosh and just a forgetful grounds keeper.

I remember a SL referee saying the field is unusually short for RL. It was definitively shortened years ago but not sure if that was at the edict of the SMC.