Re: DoR - New Coach - Investor & Adam - New signings : Sun Nov 10, 2024 2:30 am  

mwindass wrote:

Wonder if Pearson will show his face on Wednesday?

After this article, I'd be surprised if he did.

FC Callum wrote:

AP and Clark, especially AP has a lot to answer for to allow the demise off the field. Especially signing off on signings such as Josh Reynolds. Shows he was just trying to sell passes.

and merchandise ....
IF the covid loan has not been paid off......
Where has the money gone???
The end of year accounts should make interesting reading ,for our resident financial accountants

Re: DoR - New Coach - Investor & Adam - New signings : Sun Nov 10, 2024 2:41 am  

I can tell you 100% categorically that
Hull FC is valued at £1M
That’s it

Re: DoR - New Coach - Investor & Adam - New signings : Sun Nov 10, 2024 9:57 am  

Tarquin Fuego wrote:

I can tell you 100% categorically that
Hull FC is valued at £1M
That’s it

Which doesn't surprise me, a buyer is buying a brand name, an SL licence, a short lease in a stadium a bit of shop stock and a lease on a training building.

On the positive side it shouldn't take much cash to turn things around, it's a salary cap sport (with marquee exemptions) and aside from offering to contribute to some new TVs for the MKM to tick an IMG box I can't see massive amounts of spend required it just needs to be spent better than it has been the last 6 years.

[Mild Rover]

Re: DoR - New Coach - Investor & Adam - New signings : Sun Nov 10, 2024 10:27 am  

Tarquin Fuego wrote:

I can tell you 100% categorically that
Hull FC is valued at £1M
That’s it

By whom? Including or excluding the debt?

There’s a big intangible element, so unless it is by the seller and potential buyer…

Re: DoR - New Coach - Investor & Adam - New signings : Sun Nov 10, 2024 11:15 am  

Mild Rover wrote:

By whom? Including or excluding the debt?

There’s a big intangible element, so unless it is by the seller and potential buyer…

Yeah, best part of £3m debt in the last set of accounts although unclear how much of that was covid loans and how much owed to pearson

Re: DoR - New Coach - Investor & Adam - New signings : Mon Nov 11, 2024 9:04 am  

Well this (should) be the week where things become a whole lot clearer regarding investors and the direction the club is heading, it certainly feels a long time coming since AP's radio interview in April.

Re: DoR - New Coach - Investor & Adam - New signings : Mon Nov 11, 2024 9:11 am  

Is anyone going on Wednesday?

Re: DoR - New Coach - Investor & Adam - New signings : Mon Nov 11, 2024 9:22 am  

Good times ahead, good news coming, the investors are here.

Re: DoR - New Coach - Investor & Adam - New signings : Mon Nov 11, 2024 9:53 am  

I've just seen a couple of blokes on white horses outside the MKM, must be them

Re: DoR - New Coach - Investor & Adam - New signings : Mon Nov 11, 2024 9:54 am  

If the forum is in Wednesday, I’d hope there is an announcement either today or tomorrow confirming the investment.