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| Quote ="Durham Giant"Why should i be bitter about Widnes
i am only interested in RL and that means i want CELTIC to succeed. the success of the game needs expansion and a realistic level of international competiton. Celtic are a small part of that
that is far more important tham some poxy chemical polluted town in Cheshire. dodgy windswept cities on the North Sea, or decaying Mill towns in the Pennines.
get your head out of your Harris and look at the big picture'"
If you read PROPERLY most of his posts he does not lambast Celtic in the same vain as you do Widnes. You seem to have a problem with Widnes fans - mainly because you are interpreting - incorrectly - that they are bitter towards Celtic. They aren't (well, at least Pepe isn't - if you bother to read the majority of his posts). They may question the tactics of the RFL but, by and large, they don't have an anti-Celtic agenda per se.
Bitter? This is:
Quote ="Durham Giant"that is far more important tham some poxy chemical polluted town in Cheshire. dodgy windswept cities on the North Sea, or decaying Mill towns in the Pennines.'"
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| Quote ="Durham Giant"Why should i be bitter about Widnes
i am only interested in RL and that means i want CELTIC to succeed. the success of the game needs expansion and a realistic level of international competiton. Celtic are a small part of that
that is far more important tham some poxy chemical polluted town in Cheshire. dodgy windswept cities on the North Sea, or decaying Mill towns in the Pennines.
get your head out of your Harris and look at the big picture'"
I'd agree with that, the day we're front page news for winning internationals and getting the national coverage the game craves will be a good one.
But with the current situation at Celtic, years of instability at Quins/Broncos, not to mention PSG, rugby league in general has not really leant itself to winning many admirers outside the game.
A thriving amateur game is good for the future but unfortunatly it does not sell papers or subscriptions, nor bring many blue chip sponsors to the sport like Union does.
Until those negative isses are totally resolved and the game stumbles from one embarrasment to another I can't see it changing for the better.
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| Quote ="Durham Giant" Why should i be bitter about Widnes
'"
I meant does it make you bitter about Celtic, for posting on threads concerning them?
Quote ="Durham Giant" i am only interested in RL and that means i want CELTIC to succeed. the success of the game needs expansion and a realistic level of international competiton. Celtic are a small part of that '"
Belive it or not, I’d like Celtic to succeed. Whether or not they are viable at the moment is another question.
Quote ="Durham Giant" that is far more important tham some poxy chemical polluted town in Cheshire. dodgy windswept cities on the North Sea, or decaying Mill towns in the Pennines. '"
So it’s just RL you're interested in then?
I’ll take it you’ve never been to Bridgend?
Oh and those[i “poxy chemical polluted town in Cheshire. dodgy windswept cities on the North Sea, or decaying Mill towns in the Pennines”[/i are where the game was born and where there might just be viable clubs that can bring as much to the game as they have in the past.
Quote ="Durham Giant" get your head out of your Harris and look at the big picture '"
You’re the one with your head up your Harris. You’re the one who shows prejudice and lacks reason. If it doesn’t fit within your tiny worldview you simply dismiss it.
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| Quote ="Alexs Dad"You're right, I have not told the entire story.
Working Capital
2005 -976,122
2006 -1,156,639 -18.5 %
2007-1,344,142 -16.2 %
I don't think a deficit £1.3 million from normal trading activities going into potentially 4 years of National League rugby would have won many friends at the bank or investors. It suggests they were losing money hand over fist. It doesn't mean they would have gone bust, but at best it puts them in the 'the accountant is very worried' catagory.
Going into the 2007 National League season, Cas had a net worth of minus £410k, almost £160k more than the year before. They also had over £2.5 million of liabilites and trade creditors (folk they owe money to), yet only £1.07 million in assets. Ouch.
Thankfully for Cas, and I quite like clubs like Cas don't get me wrong, they won promotion. Then, with pretty much 4 years gauranteed SL income in the bag, plus their revaluation reserve increasing to £1.6 million, their net worth increased to £1m giving them the medium term finacial stability many other clubs can only dream of.
You can probably tell that the cricket has got off to a slow start and I've little else to do this morning but it shows Durham Giant was spot on when he said Cas were gambling that season, whilst TB has already said what he would have thought of his Board had it failed.'"
Want to give a source for these figures? I'm curious over what sort of accounting practice gives debt (and I assume that's what the - in front of your figures is meant to indicate) as "working capital" …
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| Quote ="Durham Giant"Why should i be bitter about Widnes
i am only interested in RL and that means i want CELTIC to succeed. the success of the game needs expansion and a realistic level of international competiton. Celtic are a small part of that
that is far more important tham some poxy chemical polluted town in Cheshire. dodgy windswept cities on the North Sea, or decaying Mill towns in the Pennines.
get your head out of your Harris and look at the big picture'"
Seriously, what is the problem with you? Even when faced with several Widnes fans agreeing with you that expansion of the game is important you still insist that we're all bitter.
Your posts lack any sense of the ability to reason with us and your one eyed blinkered perception of us and our town and that of other Northern RL strongholds puts you right at the opposite end of the most blinkered and prejudice 'flat capper'. You're really just as bad, in the opposite extreme.
Clubs in “poxy chemical polluted towns in Cheshire. dodgy windswept cities on the North Sea, or decaying Mill towns in the Pennines" are equally as valid and equally important to the game. Only people like yourself who lack any sort of heart would disagree.
You're an embarrassment. You preach on here like some great authority over us 'lesser mortals' when really you aren't worth the on our shoes. I would pity you, but you're not worth the energy.
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Debt as Working Capital? I have not used the word debt.
Anyway, it is from www.creditsafeuk.com/
You need to subscribe though.
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Debt as Working Capital? I have not used the word debt.
Anyway, it is from www.creditsafeuk.com/
You need to subscribe though.
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| You can have negative working capital. The liabilities are greater than the assets. I'm guessing he's got the figures from Companies House for a quid.
Yasmina was shocked too
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| I can PDF them and email them to you if you prefer.
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| Quote ="littlerich"You can have negative working capital. The liabilities are greater than the assets.:'"
… ah
ta
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| In fairness to Cas, they are not alone; there are some pretty dismal figures out there.
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| Quote ="Alexs Dad"In fairness to Cas, they are not alone; there are some pretty dismal figures out there.'"
The company i work for owes $20m to the parent company. A fraction of that is from trading losses. Much of it is from exchange losses on a loan stretching back to 1994 and some is debt transfer from the US parents' own books when they bought the company. "Published" figures don't always tell the whole story.
Rugby League has to be a hobby for these backers. Ken Davy at Huddersfield and before him, Tony Gartland at Halifax are two examples i know of. These men are heroes in my book, as are the other backers who plough money into the game, without much thanks.
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| It has gone from players losing cars, houses, mobile phones and in the not too distant future I can see rumours of John Dixon busking in Cardiff City centre to earn a few pence.
Can the people coming up with this tripe please keep it somewhere else other than our forum as it is getting ridiculous now.
Right I'm off to the game but hear we've had to sell our shorts to pay Kevin Ellis this weeks wages so will be sporting black shirts, black shorts and jock straps.
Should get some female fans in if nothing else.
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| Quote ="littlerich"The company i work for owes $20m to the parent company. A fraction of that is from trading losses. Much of it is from exchange losses on a loan stretching back to 1994 and some is debt transfer from the US parents' own books when they bought the company. "Published" figures don't always tell the whole story.
Rugby League has to be a hobby for these backers. Ken Davy at Huddersfield and before him, Tony Gartland at Halifax are two examples i know of. These men are heroes in my book, as are the other backers who plough money into the game, without much thanks.'"
Agreed these people are the lifeblood of the game and no doubt "lose" money by their involvement.
A concern/niggle is that, to some, running a RL club is seen as a "hobby" and not as a business and unfortunately this has caused a lot of clubs, including Keighley several times, to go to the wall.
I know that the people involved do have the game at heart otherwise why would they bother but sometimes basic financial sense needs to rule the roost.
What I do "know" is that several " top sides" as well as co-op teams, are probably trading "illegally" as are many soccer clubs, even more so the premier league.
The nature of the beast though is that do survive or like the phoenix arise renewed from the ashes but then go through the same process all over again.
I suppose, deep down, we all should be greatful that the game at a "professional" exists at all in some areas thanks to the involvment of these backers because if not, and the the full weight of businees law applied, there would, I suggest, be very few "professional" RL clubs left and soccer would probably cease to exist in places, (although that would be no bad thing. )
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| Quote ="crucrucrusaders"
Should get some female fans in if nothing else.
'"
nahh all your players are dog ugly
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| Quote ="Durham Giant"Then stop posting on threads which suggest you are not over it. Do not mention Celtic anymore. STOP SHOUTING and stop being so defensive and then you might convince someone you are over it.'"
I couldn't give a rats a$$ about celtics problems, well ok maybe I do a little because they have a core of fans which may end up in a situation like ours not so long back, Widnes fans main focus is the Final tomorrow and the league we are in there after
you how ever are a 1st prize:
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| Quote ="Leaguefan"Agreed these people are the lifeblood of the game and no doubt "lose" money by their involvement.A concern/niggle is that, to some, running a RL club is seen as a "hobby" and not as a business and unfortunately this has caused a lot of clubs, including Keighley several times, to go to the wall.
I know that the people involved do have the game at heart otherwise why would they bother but sometimes basic financial sense needs to rule the roost.
What I do "know" is that several " top sides" as well as co-op teams, are probably trading "illegally" as are many soccer clubs, even more so the premier league.
The nature of the beast though is that do survive or like the phoenix arise renewed from the ashes but then go through the same process all over again.
I suppose, deep down, we all should be greatful that the game at a "professional" exists at all in some areas thanks to the involvment of these backers because if not, and the the full weight of businees law applied, there would, I suggest, be very few "professional" RL clubs left and soccer would probably cease to exist in places, (although that would be no bad thing.
)'"
I have posted several times that when you get involved with supporting so called proffessional sport at board room level it matters not what your ' Business track record ' is as all sensible business rules go out of the window
How many on here have posted " He Knows what he is doing he wouldn't be a millionaire if he didn't " , it means nothing because nobody gets involved with proffessional sport if the use their heads
If you try to run any business with your heart it will fail
My accountant said to me " are you raving mad " when I told him
He was right
The other problem that rears it's ugly head when you do get involved is ' Pride ' , many people have been mostly anonymous in building their businesses up to that point
Suddenly they are thrust into the spotlight , they are hailed as the ' saviour ' of the towns club
How many times are the words " Thing will be different this time " heard ?
And then when things are not going to plan because you cannot ' plan ' in sport , it doesn't work that way then ' Pride ' starts to kick in , they will not admit that they cannot give the fans what was promised , they cannot guarantee that SL place or that GF
So they continue slowly putting the club in a more and more precarious position , not willing to admit defeat and ask for help until it is too late
They then become the ' devils child ' for not delivering the ' dream '
And quite often they then slip away never to be seen again , which is a shame because they are the people that really understand what trying to run a successful club is all about
They are the ones the next ' saviour ' should talk to
But they are ' a millionaire businessman ' , so they know what they are doing
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| Quote ="crucrucrusaders"It has gone from players losing cars, houses, mobile phones and in the not too distant future I can see rumours of John Dixon busking in Cardiff City centre to earn a few pence.
Can the people coming up with this tripe please keep it somewhere else other than our forum as it is getting ridiculous now.
Right I'm off to the game but hear we've had to sell our shorts to pay Kevin Ellis this weeks wages so will be sporting black shirts, black shorts and jock straps.
Should get some female fans in if nothing else.
'"
You are an attention seeker.
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| Quote ="Leaguefan"So far off target
Barrow will beat Widnes with little difficulty!
Anything that helps keeps that lot of whingers away from Superleague the better ( not that they will ever get a spot anyway)
bagsy this sig if we win
'"
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| Quote ="Alexs Dad"You're right, I have not told the entire story.
Working Capital
2005 -976,122
2006 -1,156,639 -18.5 %
2007-1,344,142 -16.2 %
I don't think a deficit £1.3 million from normal trading activities going into potentially 4 years of National League rugby would have won many friends at the bank or investors. It suggests they were losing money hand over fist. It doesn't mean they would have gone bust, but at best it puts them in the 'the accountant is very worried' catagory.
Going into the 2007 National League season, Cas had a net worth of minus £410k, almost £160k more than the year before. They also had over £2.5 million of liabilites and trade creditors (folk they owe money to), yet only £1.07 million in assets. Ouch.
Thankfully for Cas, and I quite like clubs like Cas don't get me wrong, they won promotion. Then, with pretty much 4 years gauranteed SL income in the bag, plus their revaluation reserve increasing to £1.6 million, their net worth increased to £1m giving them the medium term finacial stability many other clubs can only dream of.
You can probably tell that the cricket has got off to a slow start and I've little else to do this morning but it shows Durham Giant was spot on when he said Cas were gambling that season, whilst TB has already said what he would have thought of his Board had it failed.'"
Exactley, we dont know if they would have gone bust, all we know is that they would have been losing money, but i could have told you that without any figures, its the same for any team relegated to the nl's that still have there sl infrastructure in place and a top playing squad.
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| Quote ="pyeman"Exactley, we dont know if they would have gone bust, all we know is that they would have been losing money, but i could have told you that without any figures, its the same for any team relegated to the nl's that still have there sl infrastructure in place and a top playing squad.'"
Correct. It's really not rocket science is it?
But you need hard evidence to prove these things around here.
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