Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 7:34 pm  

Paul Youane wrote:

So that puts Warrington behind Leeds. What are Hull's net assets? What is the value of director's loans at Hull?

So you admit that your rather bullish statement that Warrington is the most robust financial entity in the league was wrong, then?

We don't own our stadium, we pay a rent, so don't have any fixed assets - it's not the same business model. We have made profits for the last 5 (might be 6) years and according to our CEO don't owe the directors anything, the loans have been repaid off the back of the aforementioned profitable trading. Warrington Wolves rugby league-playing activities' financials are included in the accounts of The Warrington Football Club Limited, of course. You know, the ones that have the note to the accounts that says a going concern basis is appropriate because of the support of the group company, and has net liabilities of £2.8m.

Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 7:37 pm  

Mrs Barista wrote:

Utter garbage. Hull FC made a profit last year as we have done for the last 5 years. Castleford also made a profit. As did Widnes, actually.

What is Hull's actual company name? I wouldn't mind a quick look at the accounts but Hull Football Club Limited was dissolved in 1995.

Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 7:42 pm  

Paul Youane wrote:

What is Hull's actual company name? I wouldn't mind a quick look at the accounts but Hull Football Club Limited was dissolved in 1995.

Hull Super League Limited. Have a look at 2003 and compare to 2009. Steady and self-funded progress.

Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 7:45 pm  

Mrs Barista wrote:

Hull Super League Limited. Have a look at 2003 and compare to 2009. Steady and self-funded progress.

He's either very dumb not putting 2 and 2 together with Hull SuperLeague LTD being close on the list or he was just having a dig.

Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 7:51 pm  

east hull FC fan wrote:

He's either very dumb not putting 2 and 2 together with Hull SuperLeague LTD being close on the list or he was just having a dig.

Sulking after being shown up by his bollox statement on Warrington's finances being better than Leeds

Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 7:58 pm  

Mrs Barista wrote:

Sulking after being shown up by his bollox statement on Warrington's finances being better than Leeds

They're far too defensive about being under the cap, it makes you wonder whether they doubt it themselves.

Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 8:09 pm  

east hull FC fan wrote:

They're far too defensive about being under the cap, it makes you wonder whether they doubt it themselves.

Still waiting for you lot to list our squad and our salaries we pay them, just so we can be sure we are over the cap.....

Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 8:20 pm  

The Angry Pirate wrote:

Still waiting for you lot to list our squad and our salaries we pay them, just so we can be sure we are over the cap.....

You haven't specified which salary list. The actual players' salary list or the one which is submit to the RFL.

Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 8:22 pm  

Digby wrote:

You haven't specified which salary list. The actual players' salary list or the one which is submit to the RFL.

Either will do....To be honest, I'm expecting both to be total fabrication....

Re: Monaghan Signs for Wolves : Sat Dec 04, 2010 8:34 pm  

The Angry Pirate wrote:

Either will do....To be honest, I'm expecting both to be total fabrication....

You are most probably fully adherent to the cap, but the fact you club has such an extraodinary International playing roster from 1 - 17 is going to generate accusation, and not just on this board.