[Chris71]

Re: Hull FC 2021 Accounts : Mon Apr 04, 2022 7:57 am  

Dave K. wrote:

Captain Dave wrote:

Probably time for Hull FC to cash in on their better players and sell a few on , will also help reduce the wage bill.
Some of the older ones need to go too, Houghton and Taylor spring to mind.

If we are in as much trouble as some Rovers fans want to believe, then I'm sure it will happen, fully expect Connor and Satae to be sold.

Wonder if this will happen?

Not sure that will happen to be honest.

Its all well and good owning a ground but ATEOTD there's a big level of funding needed for the upkeep of a stadium. I would assume its mortgaged as opposed to being bought our right so these payments will still have to be covered along with up keep and running costs.

Its not an issue we are alone in either as Gary Hethrington stated himself that the Rhinos face losses much the same if not a little more as all SL clubs will due to the nature/cause of the losses. None of them are immune so every club should indeed be worried about the situation. It may only be Hetherington and Pearson so far that have both come out and said as much but the reality is that every club is in for a rough time financially. So all the Rovers fans wetting their knickers over it need to take a reality check as I think most sensible ones will realise that costs still have to be covered whether a ground is owned or not.
I'm sure the situation re the SMC and Stadium will be resolved and things will improve now the Allams are no longer involved

Re: Hull FC 2021 Accounts : Mon Apr 04, 2022 10:36 am  

Chris71 wrote:

Not sure that will happen to be honest.

Its all well and good owning a ground but ATEOTD there's a big level of funding needed for the upkeep of a stadium. I would assume its mortgaged as opposed to being bought our right so these payments will still have to be covered along with up keep and running costs.

Its not an issue we are alone in either as Gary Hethrington stated himself that the Rhinos face losses much the same if not a little more as all SL clubs will due to the nature/cause of the losses. None of them are immune so every club should indeed be worried about the situation. It may only be Hetherington and Pearson so far that have both come out and said as much but the reality is that every club is in for a rough time financially. So all the Rovers fans wetting their knickers over it need to take a reality check as I think most sensible ones will realise that costs still have to be covered whether a ground is owned or not.
I'm sure the situation re the SMC and Stadium will be resolved and things will improve now the Allams are no longer involved

I wasn't serious, we won't sell anyone top players.

2 years of no crowds has caused this, we will start to turn this around, but need a better SMC and better performances on the field, we we so far are starting to do.

Re: Hull FC 2021 Accounts : Mon Apr 04, 2022 1:58 pm  

One thing the SMC, need to learn from Rovers is using the stadium for events, when was the last time it held a big event.

It offers a good size stadium with excellent transport links.

If they held a few events, they could make money and that could reduce the costs to both clubs.

Re: Hull FC 2021 Accounts : Mon Apr 04, 2022 2:19 pm  

Dave K. wrote:

I'd guess so, if not would be renewing contracts and investing in the academy set up.

Perform on the field and we will be fine.

A bad season and sone major maintenance, Rovers could be in trouble. I don't think any SL team are fully secure.

Wasn't long NH was desperate to leave.

To be honest Dave I doubt any SL team are that financially secure too, that's why they all have chairmen that are fans, because they'll keep covering the debts because of there love for there clubs.
Reduced Sky money and falling crowds could see a few other teams in bother I reckon.

Re: Hull FC 2021 Accounts : Mon Apr 04, 2022 2:25 pm  

bishops finger wrote:

To be honest Dave I doubt any SL team are that financially secure too, that's why they all have chairmen that are fans, because they'll keep covering the debts because of there love for there clubs.
Reduced Sky money and falling crowds could see a few other teams in bother I reckon.

Totally agree, unlike football, rugby clubs need crowds, we haven't had hardly any for the last two years.

Crowds seem pretty positive at the moment, channel 4 games wi help.

We need to start to perform consistently, if we go we will be ok.

Re: Hull FC 2021 Accounts : Mon Apr 04, 2022 3:13 pm  

Chris71 wrote:

Indeed and they all seem to think they are immune from the same losses that all SL clubs are and have been facing due to the affect of the pandemic, the lockdown, games played without crowds and reduction in the SKY money. They will still have payments to make to cover the financial cost of buying the ground, costs for upkeep/maintenance, increase in energy costs and owning a ground before didn't stop them or others going bust before.

That might explain why the purchase of the stadium has been kept pretty low key.

Would have expected some big announcement but if I hadn’t noticed it on the Hull Live website (when it wasn’t even the big headline) I don’t think I would know about it?

Re: Hull FC 2021 Accounts : Mon Apr 04, 2022 3:23 pm  

Dave K. wrote:

One thing the SMC, need to learn from Rovers is using the stadium for events, when was the last time it held a big event.

It offers a good size stadium with excellent transport links.

If they held a few events, they could make money and that could reduce the costs to both clubs.

This is what I struggle to understand.

If they didn’t own the stadium until now how have they been able to use it for events such as boxing and concerts?

Also how was they able to kick out the speedway all those years ago?

Examples of more favours HCC have done them?

Re: Hull FC 2021 Accounts : Mon Apr 04, 2022 3:40 pm  

davey41 wrote:

This is what I struggle to understand.

If they didn’t own the stadium until now how have they been able to use it for events such as boxing and concerts?

Also how was they able to kick out the speedway all those years ago?

Examples of more favours HCC have done them?

I'm pretty sure we owned the leash hold which meant although we didn't own the ground at the time we still kept the profits from the boxing and concerts, and presumably why we could kick the speedway out too.

Re: Hull FC 2021 Accounts : Mon Apr 04, 2022 3:43 pm  

davey41 wrote:

This is what I struggle to understand.

If they didn’t own the stadium until now how have they been able to use it for events such as boxing and concerts?

Also how was they able to kick out the speedway all those years ago?

Examples of more favours HCC have done them?

You don’t understand that as we previously leased the ground we could hold events?

Re: Hull FC 2021 Accounts : Tue Apr 05, 2022 12:28 pm  

And people question why few frequent this Board these days!!