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| I don't think anyone is saying he expects it back but if it is directors loans it sits on the books as a debt and will need to be sorted if the club is taken over or folds. It could be sorted via a write off but it's still debt.
My ice hockey club was run along very similar lines until recently. Ended up writing off ludicrously large sums for a club that got similar gates to Broncos.
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| The outstanding debt to David Hughes and let us not forget Ian Lenegan is a barrier to the club going forward.
It would have to be addressed before anyone would seriously consider taking over the club.
Another consideration is that David Hughes is not getting any younger. I believe he will be seventy three in January. How long will he want or be able to hang around?
As has been said previously, now is the time that the club should be planning for its long term future. Surely he would not want his legacy to simply die. But that remains the prospect.
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| Quote ="Bostwick"The outstanding debt to David Hughes and let us not forget Ian Lenegan is a barrier to the club going forward.
It would have to be addressed before anyone would seriously consider taking over the club.'"
I know of 1 occasion where the "debt" was the major stumbling block to us having a new owner.
The Club are in debt to him for tens of millions....and NB......that means we live beyond or means
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| Dog, by your logic every penny that any owner who “puts into” the club expect to get that back! So by that logic every year broncos value increases by what? 1.5million Even you cannot believe any owner thinks that way. Maybe if someone “bought” the club for a price they might want to get that back.
What DH puts into the club every year he knows that is never getting back. As for New investors and the “debt” you call it that, some call it “value” of the club.
When you sell a car that you have owned for 5 years you want the value of the car, the price is that, not the value of the car and the cost of all the petrol you put into it over the 5 years, same concept
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| Quote ="northernbloke"Dog, by your logic every penny that any owner who “puts into” the club expect to get that back!'"
It's irrelevant if they expect it back or not...it is given as a Directors Loan and [u[size=150 it sits on the books as debt.[/size[/u Without this "loan", we wouldn't be able to operate to the extent that we do now....ergo, we are living beyond our means.
It's not just me who sees this, but it is you and only you who[u AGAIN[/u refuse to accept that you are wrong
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| So by your logic the club is in debt by what 10mil plus to DH? It’s not about accepting that I am wrong it’s about reality. Any money DH has put into the club he knows is not coming back so even if it is a loan it will be written off, otherwise there is no viable handover of ownership option, london broncos RL will never make money in the foreseeable future, very much like every other RL club in the UK.
By the way underlining bigger font in bold does not mean anyone reads it louder! Calm down fella!
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| Quote Calm down fella!'"
Do you call your friends Bro?
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| Nope do you.
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| No nor Fella
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| Not sure of your point
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| Why is it that nearly every post in this forum goes off topic and the post ends up with the same old argument about the past?
I notice that apart from a handful of people, no one bothers to post.
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| Quote Why is it that nearly every post in this forum goes off topic and the post ends up with the same old argument about the past?
I notice that apart from a handful of people, no one bothers to post.'"
1 Do some research on other teams sites and you will see a trend of going of topic
2 Thats because we have no fans and nothing to discuss
Why don't you add something of value to discuss rather than sitting in your chair moaning. Lets challenge you to setting of the next thread- go on inspire us, Mr Inspirational
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| Ps- when you saw that there was 4 pages on Lovell did you really think there was that much to discuss about a poor player at this level? Just a thought
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| Well when a thread on a signing of a junior member of the squad goes to 4 pages, I think it shows that we have lots to talk about WQ yep quite often goes back to a similar discussion but does that not show that really we all care?
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| Hes not Junior he was playing at the Stoop!
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| Quote ="wire-quin"1 Do some research on other teams sites and you will see a trend of going of topic
2 Thats because we have no fans and nothing to discuss
Why don't you add something of value to discuss rather than sitting in your chair moaning. Lets challenge you to setting of the next thread- go on inspire us, Mr Inspirational'"
1. Why would I want to research other teams sites? My interest is in the Broncos.
2. Perhaps it's because all the threads, no matter what the topic, end up with the same argument that only a handful of people appear interested in.
Why should I start a topic that would immediately drift off topic and would end up as a argument about the merits, or otherwise of DH, a handful ex-employees of LB or the past marketing strategy of the club. I've read it all before!
I'll post again when some more interesting discussions are taking place.
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| WQ
I said “a junior member of the squad”, not a junior player, he has squad number 21 puts him pretty low down the order, so yes a junior member of the squad that will need guidance from the senior players a bit like Lewis B
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| Lu2 if you did look at threads on other clubs boards, you will see some have nothing at all. Those that do tend to meander around the topic, quite usually ending up on something totally different from the first post just like on here.
Some folk get very animated and very excited about things, some like to argue or debate depending on your view, some look at things in a negative view some positive, some even get upset.
Some look to what’s to come others are all about what’s happened, but despite everything it’s because we all care about the club even when we disagree about stuff.
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| Politics for your next career change NB!
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| Go on WQ say it, yep yr right fella, we all argue with each other because we all care about the broncos, go on I dare ya admit it
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| I will never call anyone Fella nor Bro! Merry Xmas NB
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| Never suggested you have to. Never called anyone bro in my life by the way not sure why you keep mentioning it, you had a bad experience or summat?
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| Quote ="northernbloke"By the way underlining bigger font in bold does not mean anyone reads it louder! Calm down fella!'"
I don't care at what volume you read it, so long as you do. You are in denial if you think that the club lives within its means...a number of other posters ave attempted to explain it to you but as usual, you're totally incapable of accepting you are wrong.
Quote ="LU2"Why is it that nearly every post in this forum goes off topic and the post ends up with the same old argument about the past?'"
Lovell was the past...he is now the future apparently and therefore we are on topic and AFIK, the content of a forum is delivered by it's members, so why not comment on Lovell and what you think he brigs to the side?
Quote ="LU2"I notice that apart from a handful of people, no one bothers to post.'"
That's because open debate was outlawed a while back and "the party line had to be toed", even though most contributors on here could see that the club was being decimated, saying as much was an offence! There are plenty of people I know who no longer attend games any more.....it's not because they didn't like the conversation that were had before, rather that they were right in their assertion that we were heading for the exit door and don't see the point in bothering any more because no matter what they say or do, it has no impact on the 1 person who has got us to where we are......
Quote ="northernbloke"Well when a thread on a signing of a junior member of the squad goes to 4 pages'"
Made his London debut in 2012...he's not junior at all, just indicative of how far we have fallen and as has been alluded to by LU2.......it may be 4 pages but strictly on topic it ain't!
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| LU2 contrary to dogs claim, open debate was never outlawed in his words. What actually happened was when someone decided that personal abuse of club officials and constant use of foul language was there chosen approach they quite rightly get asked to leave!
Apparently folk don’t attend games because they don’t get an e mail, phone call, letter, car to pick them up to take them to the game, or, we kept losing and folk don’t like to watch a team loosing, then we dropped a league, the draw of batley not quite the same as leeds or wigan, so drifted away to other things.
Some folk on here see the answer to a debate as, no yr wrong and I am right, rather than saying, hey that’s your opinion let’s see how it turns out.
For some there is a desperate need to constantly lay blame for what’s happened. But hey it keeps em happy.
For me.
Welcome back Will Lovell, reckon any starts he will get will be off the bench this year, hope he builds into a decent squad member and adds summat.
FWIW his pro record for the games played he has scored more than Mark Loane who is probably the most experienced squad member.
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| Quote ="northernbloke"LU2 contrary to dogs claim, open debate was never outlawed in his words. What actually happened was when someone decided that personal abuse of club officials and constant use of foul language was there chosen approach they quite rightly get asked to leave!'"
Actually, that's not what happened at all, but you believe what you want.
Quote ="northernbloke"Apparently folk don’t attend games because they don’t get an e mail, phone call, letter, car to pick them up to take them to the game, or, we kept losing and folk don’t like to watch a team loosing, then we dropped a league, the draw of batley not quite the same as leeds or wigan, so drifted away to other things.'"
We were hemorrhaging fans and cash for years before it got to the stage where we were heading for the trap door.....
Quote ="northernbloke"Some folk on here see the answer to a debate as, no yr wrong and I am right, rather than saying, hey that’s your opinion let’s see how it turns out.'"
Simply put, in the case of you saying the club are living within their means, you are wrong and various other posters are right. Your answer to debate is to repeat that Hughes debt isn't s debt, even though it has been explained that fiscally, it is a debt that sits on our books until either paid or written off......your assumption that Hughes will write it off may well be right, but at present, it is an assumption and not fact.....it's not a valid opinion when faced with the cold hard fact that the debt sits on our current set of accounts.....and therefore means we are living beyond our means!
Quote ="northernbloke"For some there is a desperate need to constantly lay blame for what’s happened. But hey it keeps em happy.'"
As oft repeated...Einstein reckoned that doing the same thing over and over again and expecting a different outcome is the definition of insanity....I will therefore repeat going over the mistakes of the past until the idiot paying the bills stops doing the same thing over and over again......we have no back-office staff to speak of, an untried coach, are indebted to the owner for 2 million a year (as we were at the big bad nasty stoop) and have an average squad who are apparently on very good full time money.....we also have 3,300 fewer fans attending games than we did when Hughes became the sole owner, or 43,000 over the season who at 15 quid a pop would remove 33% of our reliance on Hughes.......it really is simple maths.
Quote ="northernbloke"For me.
Welcome back Will Lovell, reckon any starts he will get will be off the bench this year, hope he builds into a decent squad member and adds summat.
FWIW his pro record for the games played he has scored more than Mark Loane who is probably the most experienced squad member.'"
He's average......so he'll fit right in at the wedding venue.
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