The last set of accounts show turnover of 11.1m and a loss of of 84k - not sure if that represents quality management or not?

The accounts include a one off provision for the image rights case of by my estimate £500k+. Add that back and you've got a better basis on which to assess the Rhinos' financial performance.

So for 11m they have a profit of 200-300k hardly stunning is it for the guru of sports club management!!

So all that says is profits have been overstated in previous years?

It depends on whether you understand the Leeds business or not. Caddick is happy for it to break even in the long run. The more money made, the more can be reinvested into community projects or stadium improvements with a bit put aside perhaps to cross-subsidise the RU club. But with such different motivations behind the business is foolish to try and view RL or Leeds CF&A like any normal company. The growth in the business in terms of turnover is perhaps more interesting - although most accoutants would advise against that as a starting point for measuring business success it is a decent indication of how things have developed under his management.

As far as RL administrators go Hetherington has achieved more in his career than the rest of the Super League bosses put together so I would suggest he is better placed to manage the current period of "transition" than anyone else.

I have downloaded the accounts nothing in the notes to suggest a provision of such a material size - could be I have had too many glasses of wine. Are you suggesting the increase in accruals is is the other side of the transactions?

It involves a bit of deduction and being told where to look

as I said before it is easier to manage a business when cash flow isn't a major concern - I would suggest the issues around the development of the Southstand give an interesting view as to what the real issues are. Whilst you think this is just Hetherington postulating with the council I think this is a lack of cash - perhaps greater profitability would have enabled greater investment in a potentially lucrative revenue stream?

The balance sheet can only be two lines Other creditors or Accruals both have moved significantly as have the wages?

137k not a bad salary for such a small firm

If you took the chance to speak to the architect during the public consultation or GH or Caddick generally you'll know that the club are genuinely upset about the limitations that have been placed on the development by the planning authorities. I just don't think money is a factor.

Back to Burgess...from Gareth Jones (Radio Leeds) on twitter... twitter.com/#!/garethjones25/sta ... 6323468288

Back to Burgess...from Gareth Jones (Radio Leeds) on twitter... twitter.com/#!/garethjones25/sta ... 6323468288

Seen the quote in the intro - as I said too much wine last night.

Surely that would have been known at the time of the first design - why issue drawings that give one impression and then come out with a version 2 that is a massive disappointment to everyone.

I can understand why there has been no public comment about the planning regs. - the wider implications for Caddick's business.

The next set of accounts should be interesting - the drop in revenue could be significant especially if they don't make the CC final this year. Can't see the RU being in a position to reduce the 1.6m owed!! in fact you will most likely see this increase - profit on disposal has proved very useful.

Quote ="craigizzard"Back to Burgess...from Gareth Jones (Radio Leeds) on twitter... twitter.com/#!/garethjones25/sta ... 6323468288'" Good to hear! From what I've been told let's hope burgess bucks his ideas up, puts some graft in on the training park and works his way back into the team before he jets off.

Quote ="craigizzard"Back to Burgess...from Gareth Jones (Radio Leeds) on twitter... twitter.com/#!/garethjones25/sta ... 6323468288'" Good to hear! From what I've been told let's hope burgess bucks his ideas up, puts some graft in on the training park and works his way back into the team before he jets off.

Any idea where Luke would be heading to in the NRL? To me he would be a good buy, experience in big games i.e WCC, CC and ESL GF

Rumours here in OZ it won't be Souths

Newtown jets

Having had the displeasure of dealing with Leeds CC planning authority on many occassions, I can assure you that having to significantly change proposals at the last minute, due to the whim of some jumped up elected know nowt, is not unusual.
In May 2006, we sat down with the entire panning committee and the senior planning officer for central Leeds to be given unanimous approval for a significant scheme at pre-planning stage. Six months later I was being told at the main committee meeting that the scheme looked "something out o' Costa Del Sol lad". Unless you've been there, you wouldn't believe it. Frankly, it is a wonder anything gets done round here and it looked a lot better than the derelict mess that sits on the site now.



Absolutely, the Architects and other professionals wouldn't be that keen on clearing their pitch either.



You seem to be overlooking the fact that we have just been through the worst recession for ninety years and to turn any kind of profit in a business reliant upon discretionary spending is quite an achievement.

Gh has his faults, if you go back to his days at Sheffield, his ability to appoint coaches has been questionable and to my mind, he's only got that decision absolutely right on one, possibly two, occassions. It would also appear that he works in an authoratarian manner and doesn't stand more than one big personality, namely his own. However, in comparison to other clubs and, more importantly the Leeds club of the past, youcan be nothing but, impressed by what he has achieved.

Wyong Roos alongside Chris Feather.

My thoughts exactly

www.yorkshireeveningpost.co.uk/s ... _1_3494629 Now if biff is being honest then I think GH has acted like a total doosh and put his ego before the team! If biff is thinking about Aus 3 days is nowt! I've heard different stories but I have no reason to think biff would lie.

www.yorkshireeveningpost.co.uk/s ... _1_3494629 Now if biff is being honest then I think GH has acted like a total doosh and put his ego before the team! If biff is thinking about Aus 3 days is nowt! I've heard different stories but I have no reason to think biff would lie.

Wow!! - if this is true, and we have no reason to believe otherwise, GH has made himself look like a power crazed petty little man who seems more interested in protecting his own image that the well being of the club.

Yeah that's how it reads mate! Hope you and the family are well!

All good here mate - how's the sunshine and barbies?

Yeah good thanks! Weather isn't the best but it's winter, I went to the shops in shorts and t-shirt today and wasn't cold so can't complain. Went to first origin in the week! It was awesome. The fans are a bit quiet compared to the UK but it was a great night.

Sorry, but that is nonsense.
If Burgess was waiting for an offer from the Rhinos before deciding if he wanted to go to Oz then more fool him.
Either he wants to go or he doesn't, put up or shut up.
Others have moaned about GH taking time to recruit overseas. If as has been stated, time is of the essence, then he needs to know which positions he's looking to strengthen. He can't then wait for one of his OOC players to spend ages making his mind up.
How long should he have given Burgess, 3 days, 3 weeks, 3 months?
You can't run a business along such uncertain lines.
I'm sorry to see Burgess go when he did seem to be making progress but it does seem to me that he wanted to have his cake & eat it.

If GH can't now recruit a better option the Burgess then he's going to end up looking a bit silly.