Re: Excuses Thread. : Sat May 19, 2018 8:49 pm  

lionarmour87 wrote:

' we are hurting ,they want to go out and play it again'

Crack on. Just as long as I don't have to watch it again

Re: Excuses Thread. : Sat May 19, 2018 9:42 pm  

Your players were thinking about the game v Leigh Centurions....

Re: Excuses Thread. : Sat May 19, 2018 10:03 pm  

anyway we're getting two new shiny stands soon and its going to take forty years to pay them off .hope we've got some good young'uns coming up

Re: Excuses Thread. : Mon May 21, 2018 12:31 am  

We've found the 'dark place' again, where our 'hurting' players (for some reason known in poor form under the collective noun 'group' instead of 'team') are 'working hard' etc etc. Repeat on loop.

Re: Excuses Thread. : Mon May 21, 2018 6:27 am  

lionarmour87 wrote:

anyway we're getting two new shiny stands soon and its going to take forty years to pay them off .hope we've got some good young'uns coming up

Im glad im not the only one thinking this. If we pay half a million a year, thats half a million a year it will take us 34 years to pay it off and thats a huge sum of money for a rugby league team.

The people who think we will be opening the cheque book for new recruits i think they will be sadly disappointed.

The club had no choice , the building work had to be done and its looking fantastic but its going to be a huge burden on the club long after Gary Hetherington has gone im afraid.

Re: Excuses Thread. : Mon May 21, 2018 6:31 am  

The stand will also attract depreciation though, which means if we make an operating profit we shouldn't have a tax bill for years either.

Re: Excuses Thread. : Mon May 21, 2018 6:49 pm  

Marty Grrrrrrrrrr! wrote:

Im glad im not the only one thinking this. If we pay half a million a year, thats half a million a year it will take us 34 years to pay it off and thats a huge sum of money for a rugby league team.

The people who think we will be opening the cheque book for new recruits i think they will be sadly disappointed.

The club had no choice , the building work had to be done and its looking fantastic but its going to be a huge burden on the club long after Gary Hetherington has gone im afraid.

The North Stand will generate additional revenues which will comfortably pay for itself. The South Stand is largely being paid for in cash.

The club aims to overpay on the loan as well - the borrowing on this deal won't be around for 30+ years, for Leeds at least. We'll will wipe that off rather more quickly.

Caddick and Hetherington have never been afraid to pay transfer fees to sign players and there's no sign of that changing.

Re: Excuses Thread. : Mon May 21, 2018 7:29 pm  

The Ghost of '99 wrote:

Caddick and Hetherington have never been afraid to pay transfer fees to sign players and there's no sign of that changing.

May be not afraid, but certainly not keen on splashing the cash!!!

Re: Excuses Thread. : Mon May 21, 2018 9:49 pm  

The Ghost of '99 wrote:

The North Stand will generate additional revenues which will comfortably pay for itself. The South Stand is largely being paid for in cash.

The club aims to overpay on the loan as well - the borrowing on this deal won't be around for 30+ years, for Leeds at least. We'll will wipe that off rather more quickly.

Caddick and Hetherington have never been afraid to pay transfer fees to sign players and there's no sign of that changing.

The building work was essential and the club had no choice but to think it wont have an impact on the clubs finances doesnt stack up to me. Sure new revenue streams will be generated but the new facilities will also take away from other areas such as the Lewis Jones Suite and the pavilion.

Its a huge sum of money to have to pay back for a RL team. Massive.

There is no bigger fan of Gary or Mr Caddick than myself for the way they have looked after the club they have both been absolutely magnificent for the club they have always run it as as a business and will continue to do so. They wouldnt have taken on this venture if they didnt think it was do-able but it will have an impact on the finances of the club for years to come.

Re: Excuses Thread. : Mon May 21, 2018 10:05 pm  

[quote="Marty Grrrrrrrrrr!"]The building work was essential and the club had no choice but to think it wont have an impact on the clubs finances doesnt stack up to me. Sure new revenue streams will be generated but the new facilities will also take away from other areas such as the Lewis Jones Suite and the pavilion.

Its a huge sum of money to have to pay back for a RL team. Massive.

There is no bigger fan of Gary or Mr Caddick than myself for the way they have looked after the club they have both been absolutely magnificent for the club they have always run it as as a business and will continue to do so. They wouldnt have taken on this venture if they didnt think it was do-able but it will have an impact on the finances of the club for years to come.[/q
I dread the day Gary retires and Mr Caddick isn't getting any younger