Rovers Accounts to 30th November 2007 : Thu Feb 19, 2009 12:45 pm  

Now filed with Companies House so in the public domain:

P&L Reserves down (i.e.financial loss) of £478,341

Creditors (current) £1,676,546 (Previous year £725,507)
Creditors (long term) £737,668 (Previous year £619,218)
Total Creditors £2,414,214 (Previous year £1,344,725)

: Thu Feb 19, 2009 12:52 pm  

Is that worse than ours Mrs B??

: Thu Feb 19, 2009 12:55 pm  

Hutchie wrote:

Is that worse than ours Mrs B??

Impossible to tell from the limited data provided.

: Thu Feb 19, 2009 1:01 pm  

Where's Vince

Re: Rovers Accounts to 30th November 2007 : Thu Feb 19, 2009 1:08 pm  

Mrs Barista wrote:

Now filed with Companies House so in the public domain:

P&L Reserves down (i.e.financial loss) of £478,341

Creditors (current) £1,676,546 (Previous year £725,507)
Creditors (long term) £737,668 (Previous year £619,218)
Total Creditors £2,414,214 (Previous year £1,344,725)

What are the assets valued at?

Re: Rovers Accounts to 30th November 2007 : Thu Feb 19, 2009 1:16 pm  

Mrs Barista wrote:

Now filed with Companies House so in the public domain:

P&L Reserves down (i.e.financial loss) of £478,341

Creditors (current) £1,676,546 (Previous year £725,507)
Creditors (long term) £737,668 (Previous year £619,218)
Total Creditors £2,414,214 (Previous year £1,344,725)

Edited by GML.
No Need.

Re: Rovers Accounts to 30th November 2007 : Thu Feb 19, 2009 1:17 pm  

Mild mannered Janitor wrote:

What are the assets valued at?

The net liabilities are just over £1m.

[Mild Rover]

: Thu Feb 19, 2009 1:18 pm  

Better than breaking even, going down and not getting a franchise. Not sustainable in the long-term, obviously.

I do think franchises and the criteria they will be based on have distorted the old view of Pro RL as a game played between two teams of 13 men (plus subs), on a grass pitch, between white H-shaped sticks. It is like a less joyful version of monopoly sometimes now.

Re: Rovers Accounts to 30th November 2007 : Thu Feb 19, 2009 1:31 pm  

Gordon Gekko wrote:

The net liabilities are just over £1m.

So, in comparison with Hull, who have a real net liability position of just under £370k (I have taken the liberty of ignoring the nonsence figure of player valuation which is a blind stab in the dark), I'd say rovers financial statements were in a more risky state.

And thats with a wealthy backer.

Re: Rovers Accounts to 30th November 2007 : Thu Feb 19, 2009 1:40 pm  

Mrs Barista wrote:

Now filed with Companies House so in the public domain:

P&L Reserves down (i.e.financial loss) of £478,341

Creditors (current) £1,676,546 (Previous year £725,507)
Creditors (long term) £737,668 (Previous year £619,218)
Total Creditors £2,414,214 (Previous year £1,344,725)

Its quite surprising how some Hull fc fans are so infatuated with all things Hull kr.