Re: Pearson interview on club finances and future : Fri Jul 09, 2021 8:19 am  

Interesting updates coming out on twitter about a meeting on Salford's stadium. Salford similar to us face an uncertain future with Sale wanting to buy the ground off the council, and they can't generate much revenue from the ground.

Seems they budgeted for 8k crowds originally but have only hit 3k (that was very optimistic!) and are now in talks with Gary Neville about moving into Salford City's stadium which only fits 5k, or face being homeless and leaving Salford (unrealistic to expect the council to build another new ground)

Really is worrying times for RL at the minute

[Chris71]

Re: Pearson interview on club finances and future : Fri Jul 09, 2021 8:48 am  

UllFC wrote:

Interesting updates coming out on twitter about a meeting on Salford's stadium. Salford similar to us face an uncertain future with Sale wanting to buy the ground off the council, and they can't generate much revenue from the ground.

Seems they budgeted for 8k crowds originally but have only hit 3k (that was very optimistic!) and are now in talks with Gary Neville about moving into Salford City's stadium which only fits 5k, or face being homeless and leaving Salford (unrealistic to expect the council to build another new ground)

Really is worrying times for RL at the minute

It is indeed worrying times for RL in this country as a whole and shows the need to really have an independent review and move away from the idea of the clubs running SL as it just isn’t working. Everyone shares the same goal in terms of wanting the sport to grow and flourish and that can only be done by working together which doesn’t happen. I think the in fighting shows why Elsom left as it was a task he could never succeed at. As owners looked at what was best for them not as a whole.

I actually think a move by Salford to the football ground would be very good for them and the sport as it gives a SL team a home and more stability financially. You never know a closer association with someone like Gary Neville etc may be advantageous down the line.

Re: Pearson interview on club finances and future : Fri Jul 09, 2021 9:56 am  

Chris71 wrote:

It is indeed worrying times for RL in this country as a whole and shows the need to really have an independent review and move away from the idea of the clubs running SL as it just isn’t working. Everyone shares the same goal in terms of wanting the sport to grow and flourish and that can only be done by working together which doesn’t happen. I think the in fighting shows why Elsom left as it was a task he could never succeed at. As owners looked at what was best for them not as a whole.

I actually think a move by Salford to the football ground would be very good for them and the sport as it gives a SL team a home and more stability financially. You never know a closer association with someone like Gary Neville etc may be advantageous down the line.

The way Salford City are flying up the league's means they may need a bigger ground than 5k soon and Beckham and the rest have some rich friends so that may help them. One of Rugby Leagues many problems is barely any clubs own the ground. Only Saints and Leeds own modern grounds in SL. Everyone else is renting or have a crumbling wreck. Limits the opportunities to host concerts, weddings and receive bar takings which are important, clubs can't survive with grounds sat empty for many weeks of the year.

Re: Pearson interview on club finances and future : Fri Jul 09, 2021 11:20 am  

UllFC wrote:

The way Salford City are flying up the league's means they may need a bigger ground than 5k soon and Beckham and the rest have some rich friends so that may help them. One of Rugby Leagues many problems is barely any clubs own the ground. Only Saints and Leeds own modern grounds in SL. Everyone else is renting or have a crumbling wreck. Limits the opportunities to host concerts, weddings and receive bar takings which are important, clubs can't survive with grounds sat empty for many weeks of the year.

We do very nicely from concerts, bars etc thank you very much. Only COVID-19 has stopped those sources of income. Not only do we utilise the ground but the car park as well.

Re: Pearson interview on club finances and future : Fri Jul 09, 2021 11:38 am  

Chris71 wrote:

It is indeed worrying times for RL in this country as a whole and shows the need to really have an independent review and move away from the idea of the clubs running SL as it just isn’t working. Everyone shares the same goal in terms of wanting the sport to grow and flourish and that can only be done by working together which doesn’t happen. I think the in fighting shows why Elsom left as it was a task he could never succeed at. As owners looked at what was best for them not as a whole.

I actually think a move by Salford to the football ground would be very good for them and the sport as it gives a SL team a home and more stability financially. You never know a closer association with someone like Gary Neville etc may be advantageous down the line.

I agree. Salford’s football team are on a journey. Their ground may only hold 5k presently, but it’s temporary terracing and with their ambitions I’m sure will get extended in the near future, or move to a new site.

The current Salford RL ground is soulless and sits beneath the motorway. With the crowds Salford get, the football ground may be a good interim solution and create a better atmosphere.

Re: Pearson interview on club finances and future : Fri Jul 09, 2021 11:48 am  

Keiththered wrote:

We do very nicely from concerts, bars etc thank you very much. Only COVID-19 has stopped those sources of income. Not only do we utilise the ground but the car park as well.

Really? I thought Hudgell wanted out because he was fed up with subsidising Rovers?

Also I presume Rovers have now also repaid the £1m they received from that friendly Allam family, who like to support local good causes with ‘Gifts’ from time to time (T&C’s apply)?

Re: Pearson interview on club finances and future : Fri Jul 09, 2021 12:23 pm  

Rugby Raider wrote:

Really? I thought Hudgell wanted out because he was fed up with subsidising Rovers?

Also I presume Rovers have now also repaid the £1m they received from that friendly Allam family, who like to support local good causes with ‘Gifts’ from time to time (T&C’s apply)?

No one said a subsidy was still not required. I was responding to your previous post about rented and dilapidated grounds. We are able to raise funds through the events you mentioned.

Classic response. If your post is challenged, bring in another topic. Our owner is still supporting the club financially, just not taking day to day control or acting as chairman.

If you want to troll please check your information first.

Re: Pearson interview on club finances and future : Fri Jul 09, 2021 1:27 pm  

UllFC wrote:

The way Salford City are flying up the league's means they may need a bigger ground than 5k soon and Beckham and the rest have some rich friends so that may help them. One of Rugby Leagues many problems is barely any clubs own the ground. Only Saints and Leeds own modern grounds in SL. Everyone else is renting or have a crumbling wreck. Limits the opportunities to host concerts, weddings and receive bar takings which are important, clubs can't survive with grounds sat empty for many weeks of the year.

Saints and Leeds owe tens of millions on their repsective stadiums, they don't own them outright, and isn't Leeds a part owned consortium incl Hethrington.
The investors/financial institutions will rake it back over a long period including profit and the debts be paid, that's the hope, but in the current climate regards money in the sport, or rather lack of it, and with so much money owed, it's certainly a consideration for those investors to be having a bit of a chat regards how things progress to keep the money coming in.

Right now investing for us and other clubs is a hard sell, getting a new stadium is IMO simply not an option as much as we want to rid ourselves of the Allem's ball and chain.

Re: Pearson interview on club finances and future : Fri Jul 09, 2021 2:16 pm  

Keiththered wrote:

No one said a subsidy was still not required. I was responding to your previous post about rented and dilapidated grounds. We are able to raise funds through the events you mentioned.

Classic response. If your post is challenged, bring in another topic. Our owner is still supporting the club financially, just not taking day to day control or acting as chairman.

If you want to troll please check your information first.

I wasn’t trolling.

Your post suggested Rovers were financially doing well from various other activities when they can operate outside Covid restrictions. Personally i think that’s great and any rugby league club would welcome other revenue streams. Obviously at Hull, due the the SMC agreement, our hands are tied on many of those options.

With regards Hudgell and the Allam’s, I was just providing balance to your post. Although Rovers may have some additional income streams, it doesn’t address what you owner has publically said about Rovers finances.

It’s like celebrating finding a tenner when you’ve just lost £50.

Re: Pearson interview on club finances and future : Fri Jul 09, 2021 2:38 pm  

Rugby Raider wrote:

I wasn’t trolling.

Your post suggested Rovers were financially doing well from various other activities when they can operate outside Covid restrictions. Personally i think that’s great and any rugby league club would welcome other revenue streams. Obviously at Hull, due the the SMC agreement, our hands are tied on many of those options.

With regards Hudgell and the Allam’s, I was just providing balance to your post. Although Rovers may have some additional income streams, it doesn’t address what you owner has publically said about Rovers finances.

It’s like celebrating finding a tenner when you’ve just lost £50.

I did not suggest that we were doing well financially as a club. I said we were able to benefit from the extraneous income streams that you mentioned in your origin post when you said other than Saints and Leeds clubs could not. Looking at other posts you do not even appear to be correct about Leeds’ situation.

No one is celebrating. Once again, your point of view is challenged, hey presto let’s introduce yet another topic.