I thought this was about the derby ????????? for the record both teams lose money hand over fist.

Really, you need to stop, it's not healthy to be obsessed by something you are clearly not familiar with.

Ok, read this a few times before responding.

The ACCUMULATED loss. The net balance of net profit less net loss since incorporation. Now, like it or not the historic company of Hull FC didn't disappear., it merged with another company( which incidentally also had a 600k loss accumulated in just 12 months) . At that point the historical company had accumulated losses of over £1.5m . This is really not hard to work out. Time passes, some losses are made and a few years of small profits are made. It left the company in 2010 having an accumulated loss of circa £2m.

I got incorrectly accused of googling earlier, never could an ill judged post prove a point of plagerism than yours. LISTEN AND READ CAREFULLY. Internally generated intangibles. Virtually impossible to recognise in the accounts as it's difficult to identify a realisable measurement of value. Hence the auditors qualified their report as it disagreed at the time with both SSAP13 and FRS 11. Hull FC created a reserve (ie a transaction direct to equity, not to p/l) of the valuation of players (under contract under the age of 24). Any movement in that value would have been altered via the reserve which backed it up and never affecting the p/l account.

That, as they say, is tHe final word. Please don't bore the rest of the forum users with a contrary response, you will be wrong.

I remember fans who supported their clubs and backed them. From time to time discussions got out of hand between fans of other clubs"

A there was rarely fans of a club slagging off their club at any opportunity.

The

Never a truer word said. Some however don't lie the realisation of being very wrong

That's your best post on here Keith.

DAve, I think its this bit Keith still cannot fathom



I mentioned in my earlier post, you really should stop, its becoming embarrassing for you.

The valuation of the player contracts is, in reality a made up figure and not based on a cash transaction. This made up figure when originally recognised created an asset and a reserve. Any increase or decrease to that figure would affect that reserve and not the p/l.

You are confusing this situation with that of amortisation of intangibles.

You are wrong. Persistently wrong.

Squad confirmed:

Abdull, Bowden, Fonua, Green, Houghton, Lancaster, Logan, Manu, Michaels, Minichiello, Naughton, Palea’aesina, Pritchard, Pryce, Shaul, Smith (trialist), Sneyd, Taylor, Thompson, Tuimavave, Washbrook, Watts.

Shaul
Michaels
Logan
Tuimavave
Fonua
Pryce
Sneyd
Taylor
Houghton
Watts
Minichiello
Pritchard
Abdull

Bowden
Green
Lancaster
Washbrook
Manu
Feka
Smith
Thompson

Would swap Manu for Abdull, agree with the rest

I'd prefer to see Lancaster start over Michaels and Manu at 13, but happy with the rest.

Jamie Shaul in the squad, then?

Unbelievable, isn't it - and what's even worse, Kirk Yeaman hasn't been selected.

I think he will start Smith either at FB or on the wing, might aswell see what he can do, I'd play him first half on the wing and 2nd at FB.

A hell of a strong squad with Ellis,Whiting,Yeaman missing out and the likes of Downs,Fash,Turgut,Litten,Dean,HTW and Masi to call on.

Can add Hadley & Talanoa to that too. Squad depth we've not had for a long time.

surprised shaul in the squad? according to the drama queens on here he wouldn't play for hull again

Forgot about them 2 tbh

Is the binman injured?

Think he had a minor op on his knee maybe in the off season, so was a few weeks behind

Quote ="Wilde 3"Think he had a minor op on his knee maybe in the off season, so was a few weeks behind'" www.totalrl.com/fc-receive-talanoa-injury-boost/

Quote ="Wilde 3"Think he had a minor op on his knee maybe in the off season, so was a few weeks behind'" www.totalrl.com/fc-receive-talanoa-injury-boost/

Just looked back on the wail and says he's a minor hamstring pull but was expected to be fit for this game. No point risking him if he's not right

Any songs for sunday?