Re: The truth according to Gaz H : Mon Nov 28, 2016 8:25 am  

So hes out of his depth because we might go backwards???? Ever thought we might go forward too???

Lets just not panic and trust in the best CEO weve ever had.

Re: The truth according to Gaz H : Mon Nov 28, 2016 8:53 am  

"The post-truth according to Gaz H" would have been a more appropriate thread title.

Re: The truth according to Gaz H : Mon Nov 28, 2016 9:19 am  

Marty Grrrrrrrrrr! wrote:

Gotta be honest GH is way out of depth....i mean other than helping save the club, being CEO over 7 SL titles, 3 challenge cups, 3 wcc, turning a debt making business into a million pound profit making business, forming an outstanding foundation which benefits thousands of people in the city, building the carnegie stand what has he done for us???

Seriously guys some of these comments are ridiculous.

Trust GH we will come thru this. May take a year or 2 but weve talented kids coming thru and they need to be given a chance which the club is doing.

I'm not bagging GH here, as the guy really did build a successful career, but the key word in your post above is "helping". People get too lost in the roles of people, and simply forget about the absolute main reason we were saved, and that was Caddick. If anybody seriously believes Hetherington could have done any of what we did on his own then they seriously do not know anything about either indidvidual.

That said, the rugby opertaion of the club was down to Hetherington as he had the knowledge in that area and expertise, and built his team. Without Caddick though, he couldn't have done any of it. Trouble is his ideas have run there course, and it needs younger minds.

The way the club is going now, is exactly what people have forseen on here for the last few years, it was so blindinly obvious. But whilst any club management, and that is any club, can continue to take advantage of gullible supporters this is what happens. I bet they never expected the wrong choices though to have such an effect.

Re: The truth according to Gaz H : Mon Nov 28, 2016 9:27 am  

Marty Grrrrrrrrrr! wrote:

So hes out of his depth because we might go backwards???? Ever thought we might go forward too???

Lets just not panic and trust in the best CEO weve ever had.

The recent history would suggest the club is going backwards - one GF in 4 years compared to 3 in the previous 4 years - how do you suggest you turn it around? The club doesn't appear to have the ability to fund the borrowing to develop its place of business?

The very essence of the product i.e. the team is weaker than it has been for years and the quality of academy product coming through is also at a very low point. It now appears to going into the forthcoming season with a hooker of any quality/experience - one of the two most important position in the modern game.

As for 2016 - the less said about that the better

So I am unclear from this way you think GH will turn it around?

The only way this will give a positive outcome is if other teams slow faster than Leeds?

Re: The truth according to Gaz H : Mon Nov 28, 2016 9:33 am  

Marty Grrrrrrrrrr! wrote:

So hes out of his depth because we might go backwards???? Ever thought we might go forward too???

Lets just not panic and trust in the best CEO weve ever had.

Given where we are & what we've just gone through in 2016 id say there's more chance of abject failure than success.
Also yes GH has played a huge role in our success building a Trophy rich legacy but the brutal honesty is that formula hasn't worked/needs adjusting now.
I aren't demanding or expecting Trophy wins but this Club should be top 4 minimum & the recruitment etc since 2015 has fallen way short of previous standards.
Now yes the transition was always going to happen & certainly never gonna be easy but lets get this right you don't run a Rolls Royce smoothly for over a decade then start buying parts from the scrappers & expect the same pristine ride.

Re: The truth according to Gaz H : Mon Nov 28, 2016 9:38 am  

Gotcha wrote:

I'm not bagging GH here, as the guy really did build a successful career, but the key word in your post above is "helping". People get too lost in the roles of people, and simply forget about the absolute main reason we were saved, and that was Caddick. If anybody seriously believes Hetherington could have done any of what we did on his own then they seriously do not know anything about either indidvidual.

That said, the rugby opertaion of the club was down to Hetherington as he had the knowledge in that area and expertise, and built his team. Without Caddick though, he couldn't have done any of it. Trouble is his ideas have run there course, and it needs younger minds.

The way the club is going now, is exactly what people have forseen on here for the last few years, it was so blindinly obvious. But whilst any club management, and that is any club, can continue to take advantage of gullible supporters this is what happens. I bet they never expected the wrong choices though to have such an effect.

Caddick's money was without doubt the key. Without the injection of cash, nothing could have been achieved. However, I've also heard that very little club debt has actually been paid off over the tenure of the ownership and a major debt liability still remains in existence. The sale of green belt land for aspirational, neoliberal, yuppie housing development was to address more than just the redevelopment of two stands at Headingley.

On the playing side, the club benefitted from the junior development structures which were put in place earlier by the likes of Dog Laughton and Dean Bell. Laughton in particular always had a good eye for emerging or potential talent. Wasn't it him who spotted a young kid from the Oldham area called Sinfield?

Interesting times ahead, and particularly so if Caddick wants out.

Re: The truth according to Gaz H : Mon Nov 28, 2016 12:09 pm  

Gotcha wrote:

I'm not bagging GH here, as the guy really did build a successful career, but the key word in your post above is "helping". People get too lost in the roles of people, and simply forget about the absolute main reason we were saved, and that was Caddick. If anybody seriously believes Hetherington could have done any of what we did on his own then they seriously do not know anything about either indidvidual.

That said, the rugby opertaion of the club was down to Hetherington as he had the knowledge in that area and expertise, and built his team. Without Caddick though, he couldn't have done any of it. Trouble is his ideas have run there course, and it needs younger minds.

True and I don't think for a second anyone would say it was a one man effort. On the flip side of what you've put I don't see anyone else like Caddick taking any of the stick GH is.

Gotcha wrote:

The way the club is going now, is exactly what people have forseen on here for the last few years, it was so blindinly obvious.

So blindingly obvious that people predicted preseason we were done for several seasons in a row. Let's not forget quite a few of the keyboard CEO's on here would've started ripping the team apart after 2010 and every season thereafter especially at the end of 2014. That they didn't brought us several more trophies whilst who knows what would've happened had we followed the paths some on here wanted to take.....I'm sure in their minds the changes they would've made would've been amazing and guaranteed successful but we really don't know that.

Re: The truth according to Gaz H : Mon Nov 28, 2016 12:18 pm  

I'm hearing allsorts of conflicting stories about the club and its financies I don't know what to believe.

[Bullseye]

Re: The truth according to Gaz H : Mon Nov 28, 2016 12:26 pm  

It took 9 years minimum to build that side that won the GF in 2004. Might be similar to do it all again.

Re: The truth according to Gaz H : Mon Nov 28, 2016 1:09 pm  

William Eve wrote:

Caddick's money was without doubt the key. Without the injection of cash, nothing could have been achieved. However, I've also heard that very little club debt has actually been paid off over the tenure of the ownership and a major debt liability still remains in existence. The sale of green belt land for aspirational, neoliberal, yuppie housing development was to address more than just the redevelopment of two stands at Headingley.

"I've heard"

Always makes me laugh when fans discuss a clubs finances and what they've "heard", when the financials statements are free and available for all to see on Companies House. Also what you describe at 'major' is subjective and doesn't necessarily mean doom and gloom. Plenty of people have big mortgages, 80%-90% LTV in some cases, yet they're manageable. I assume you're just trying to stir it, as usual

A quick look at the latest Balance Sheet (Aug 2015) shows a net asset position of £2.3m, pretty much the same as 2014, minus the small P&L loss. The creditors position is £4.6m owed, versus a debtors position of £5.7m.

Jumping back to 2008 the BS is in a net liability position of £79k, so financially Leeds are in a much healthier position now.