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| He's sending out a warning about the state of the game as a whole.
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| Quote Bobbin' Along="Bobbin' Along"He's sending out a warning about the state of the game as a whole.'"
And he sent it out before Hull's latest round of redundancies.
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Serious point though. People talk about a return to the 50% rule - was that a golden era of profitability or even just of more manageable losses? Could the cap be be cut as they have done in the Championship? Would be bad for the sport, but so would half the super league going bust.
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| Quote Bertie="Bertie"And he sent it out before Hull's latest round of redundancies.'"
5 years of profitability mate. The best businesses prune as they go along to maintain financial progression year on year. Others just lose £1.9m over 5 years then ask for public money when their is no commercial business case for the 14,000 capacity they included in their franchise bid. A bit spoilt if you ask me. 
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| Quote Mild Rover="Mild Rover":lol:
Serious point though. People talk about a return to the 50% rule - was that a golden era of profitability or even just of more manageable losses? Could the cap be be cut as they have done in the Championship? Would be bad for the sport, but so would half the super league going bust.'"
The latter in most cases.
It's not easy to make a profit in any sport, let alone one as relatively 'poor' as RL.
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| Quote Mrs Barista="Mrs Barista"5 years of profitability mate. The best businesses prune as they go along to maintain financial progression year on year. Others just lose £1.9m over 5 years then ask for public money when their is no commercial business case for the 14,000 capacity they included in their franchise bid. A bit spoilt if you ask me.
'"
Public money to pay for a stadium whose RL tennants rarely fill it...
Could be a good thread this - especially if a paralell thread for the bitter, obsessed, traumatized and wilfully misinterpreting remains open on another board. 
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| Quote Mrs Barista="Mrs Barista"Ouch - bit touchy this morning. I think people are maybe annoyed he's tried to tar us and Leeds with everyone else's financial mismanagement brush. Thank goodness for the business acumen of the Hetheringtons, or he would be right.
'"
Is this the same Gary and Kath Hetherington who left Sheffield Eagles in a dire mess or the same Kath Hetherington who ruined Gateshead??? They may well be doing ok now but are fortunate enough to run the two best supported clubs in the country and i very much doubt Hull would have anything like their current financial situation had they still been at the Boulevard.
Nothing to do with business accumen but almost entirley to do with luck. 
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| Quote Mrs Barista="Mrs Barista"Ouch - bit touchy this morning. I think people are maybe annoyed he's tried to tar us and Leeds with everyone else's financial mismanagement brush. Thank goodness for the business acumen of the Hetheringtons, or he would be right.
'"
Touchy - never.  I'm happy to discuss it in a good humoured way with well-balanced Hull fans like yourself. And to be fair, he did say everyone when there are a couple of exceptions. It takes a special kind of derangement to celebrate doom and gloom for the sport as a whole just because we are amongst those losing money, though. Still it has been a disappointing couple of seasons for 'em and we'd no doubt be the same if the situation were reversed.
Hull fans I think, feel it unfair that the prudence of their board holds the team back relative to those who have spent more freely (and less sustainably, admittedly) and yearn for a natural order were the spending of others is more limited, so they can win more games without profitability falling. Perhaps now there will be a growing consensus for enforced frugality, after Mr. Hudgell's insightful and eloquent comments. Would you agree?
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| Quote Gordon Gekko="Gordon Gekko"Is this the same Gary and Kath Hetherington who left Sheffield Eagles in a dire mess or the same Kath Hetherington who ruined Gateshead??? They may well be doing ok now but are fortunate enough to run the two best supported clubs in the country and i very much doubt Hull would have anything like their current financial situation had they still been at the Boulevard.
Nothing to do with business accumen but almost entirley to do with luck.
'"
Wigan get more fans than us and their accounts are horrific. The harder you work, the luckier you get. 
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| Quote Mrs Barista="Mrs Barista"Ouch - bit touchy this morning. I think people are maybe annoyed he's tried to tar us and Leeds with everyone else's financial mismanagement brush. Thank goodness for the business acumen of the Hetheringtons, or he would be right.
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You are joking?!!
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