Re: SL 2021 predictions : Sat Feb 06, 2021 9:05 am  

giddyupoldfella wrote:

It's about time that we were champions again, it's getting on for 40 years, which for a club of our calibre is just not on.

If the title isn't delivered either this season or next, then Pearson should do the right thing, and bugger off. Get a winner in.

are you a lunatic? (or drunk when posting)

Pearson has invested heavily in Hull, yes Radford should have gone sooner, but he could have stuck with the cheap option in Last, our training facilities are amongst the best in any professional sport outside the Premier League of Football.

Give your head a shake.

Re: SL 2021 predictions : Sat Feb 06, 2021 12:03 pm  

Probably one of the most stupid posts I've read on here and that says something.

Pearson goes we probably wont have a club.

Re: SL 2021 predictions : Sun Feb 07, 2021 11:12 pm  

Dave K. wrote:

Probably one of the most stupid posts I've read on here and that says something.

Pearson goes we probably wont have a club.

Can you explain why, he'd likely need to sell at a lower amount than he paid but he's taken millions in shares from the club as far as I can tell?
Maybe a new owner might see a different way to run the club with greater resources, maybe we should ask the Allams to buy Pearson out

Re: SL 2021 predictions : Mon Feb 08, 2021 12:07 pm  

48756c6c20 524c4643 wrote:

Can you explain why, he'd likely need to sell at a lower amount than he paid but he's taken millions in shares from the club as far as I can tell?
Maybe a new owner might see a different way to run the club with greater resources, maybe we should ask the Allams to buy Pearson out

No one is likely to buy the club, its will be losing thousands with no fans, less games, worst TV deal. We could very likely go the way of Bradford.

Re: SL 2021 predictions : Mon Feb 08, 2021 12:59 pm  

48756c6c20 524c4643 wrote:

Can you explain why, he'd likely need to sell at a lower amount than he paid but he's taken millions in shares from the club as far as I can tell?
Maybe a new owner might see a different way to run the club with greater resources, maybe we should ask the Allams to buy Pearson out

"He's taken millions in shares“?

Re: SL 2021 predictions : Mon Feb 08, 2021 1:17 pm  

Mrs Barista wrote:

"He's taken millions in shares“?

I questioned that quote as well!

[Chris71]

Re: SL 2021 predictions : Mon Feb 08, 2021 1:57 pm  

Wilde 3 wrote:

Mrs Barista wrote:

"He's taken millions in shares“?

I questioned that quote as well!

Indeed

AP has pumped millions in to the club not only in terms of the cost to purchase the club but then had to sort out a huge payment that the previous owners had left unpaid and kept quiet about which needed paying, not to mention the huge sums he has since put into the club in terms of the whole structure of the club, youth development, training facilities and the players etc.

So if AP has taken anything from the club in shares I would say he is entitled as the owner as it would appear whatever he may have taken out the club the majority has been reinvested in to the club.

I know AP has made mistakes since owning the club many of which he has held his hand up too and whilst he may not be perfect he is undoubtedly as close as you will get.

Without AP, as a club we would be in a much worse position than we have ever been, and in all honesty I doubt very much that the previous owners would have steered the club through these difficult times at all.

Re: SL 2021 predictions : Mon Feb 08, 2021 9:28 pm  

Mrs Barista wrote:

"He's taken millions in shares“?

I looked at the accounts fleetingly, 852,000 shares in one year alone, plus more in another year, valued at £852,000, I put a question mark on the end of it. No profit/loss report for several years, why is that?
Can you confirm how much Pearson takes out of the club each year and how much he stands to make on his investments such as the training ground if he sold it separately to the club?

Re: SL 2021 predictions : Mon Feb 08, 2021 10:29 pm  

Looks like bumpy understands as much about financial accounts as I do. https://find-and-update.company-informa ... ory?page=1

Looks like bumpy understands as much about financial accounts as I do. https://find-and-update.company-informa ... ory?page=1

Re: SL 2021 predictions : Mon Feb 08, 2021 11:12 pm  

48756c6c20 524c4643 wrote:

I looked at the accounts fleetingly, 852,000 shares in one year alone, plus more in another year, valued at £852,000, I put a question mark on the end of it.

Are you talking about the share capital that's been the same in the balance sheet since before AP bought the club? I literally don't understand what you mean - which numbers are you referencing and in which year?

48756c6c20 524c4643 wrote:

No profit/loss report for several years, why is that?

Because we don't meet the financial size (turnover, assets, employees) that require us to publicly file a P&L. Unlike Leeds, Warrington, Saints, Wigan.

48756c6c20 524c4643 wrote:

Can you confirm how much Pearson takes out of the club each year and how much he stands to make on his investments such as the training ground if he sold it separately to the club?

No, because the first item is not a required disclosure and the second would be conjecture based on a made up valuation and an unknown book value.