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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
Last edited by weaver93 on Sun Nov 10, 2024 3:07 am, edited 1 time in total.
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I have lost interest

I can tell you 100% categorically that
Hull FC is valued at £1M
That’s it
UllFC 
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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.
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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…
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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
HU8HFC 
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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.
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Is anyone going on Wednesday?
Ellam 
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Always the Optimist never the Pessimist. Glass Half full not half empty man me.

Good times ahead, good news coming, the investors are here.
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I've just seen a couple of blokes on white horses outside the MKM, must be them
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If the forum is in Wednesday, I’d hope there is an announcement either today or tomorrow confirming the investment.
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