Fev not paying staff

[RigbyLuger]

19 minutes ago, Derwent said:

The land is mortgaged - the club took 2 remortgages out on it last year according to Companies House. One with Yorkshire Choice Homes and another with a person called Christopher Brereton.

Think he had something to do with Wakefield at one point.

[Harry Stottle]

Am I safe buying a ticket for Saturday, are Fev going to turn up?

[shaw llewellyn]

I am sure it will all blow over. After all according to IMG and their robust integrity and sustainability checks they are one of the top 15 clubs in the country.

[JohnM]

6 minutes ago, shaw llewellyn said:

I am sure it will all blow over. After all according to IMG and their robust integrity and sustainability checks they are one of the top 15 clubs in the country.

Gratuitous dig at IMG from an unbeliever? I think IMG should issue financial updates on all clubs in real time, or at minute intervals.

[Griff]

3 hours ago, sentoffagain2 said:

  2017/18 season we made a profit of 83k so the club can keep its head above water now that the dream of SL has gone for good.However the RFL don't help when after we play FAX at home we have 4 successive away fixtures .Players who have a valid claim must be paid but i won't lose any sleep over owing agents money.

Clubs shouldn't need help to pay last year's debts from this year's money.

Companies House says you lost £80461 in 2017/18.

Edited March 21 by Griff
Correction

[Fevrover]

25 minutes ago, Harry Stottle said:

Am I safe buying a ticket for Saturday, are Fev going to turn up?

Thought better of you Harry,usually one of the level headed ones on here.

[Trojan]

On 20/03/2024 at 10:56, marklaspalmas said:

It hurt me grievously.

But if there are still people who haven't moved on from 1995, that's problematic for them.

Long term grievances if not put right, can fester and turn to hate over the years.  Again IMG had better watch out.  |It won't just be Fev

[phiggins]

41 minutes ago, Harry Stottle said:

Am I safe buying a ticket for Saturday, are Fev going to turn up?

They’ve announced a squad, unlike Leigh. Fev might be asking the same question

[The Phantom Horseman]

43 minutes ago, Harry Stottle said:

Am I safe buying a ticket for Saturday, are Fev going to turn up?

Bit rich this Harry, given you had arguments/discussions with me over and over again on this very forum last summer in which you repeatedly seemed to be advocating Fev spending even more money than they already had, whether they had it or not.

[ATLANTISMAN]

Regardless of the rights or wrongs no-one wants to see a traditional club (Or any club) go to the wall.

Hopefully it will all work out OK

[Blind side johnny]

1 hour ago, Padge said:

The operational rules are what everyone signs up to and people would be up in arms if the RFL didn't follow the operational rules. If the operational rules are not followed and something ends up in court the fact the rules were ignored could be used against one side or the other.

 

Of course. But when operational rules read as if nobody has accountability within the organisation they are almost worthless, other than as self-protection.

[Phil]

On 19/03/2024 at 10:18, whatmichaelsays said:

Speaking of clubs not paying staff.....

"The ideal candidate will: Be flexible and committed to work weekends, and evenings to help us identify the most talented players."

"At this present time, this is a voluntary role."

You’ll find the vast majority of scouts work in a voluntary capacity 

[sentoffagain2]

1 hour ago, Griff said:

Clubs shouldn't need help to pay last year's debts from this year's money.

Companies House says you lost £80461 in 2017/18.

     You are right just checked and i have mixed the assets and liabilities lines up on the graph.Thought it was not like us to have such a big operating surplus.

[Griff]

3 minutes ago, sentoffagain2 said:

     You are right just checked and i have mixed the assets and liabilities lines up on the graph.Thought it was not like us to have such a big operating surplus.

To be fair, Rovers made £35,064 in 2019 (what happened there?) and £101,132 in the Covid Bonanza Year of 2020.

[Tommygilf]

3 hours ago, Derwent said:

The land is mortgaged - the club took 2 remortgages out on it last year according to Companies House. One with Yorkshire Choice Homes and another with a person called Christopher Brereton.

The first appears to be for the land to the north of the stadium and appears to be something of a reservation for a planned housing development. There is also mention of land being acquired in May of last year.

The second appears to again be a secondary personal charge against just one of the titles.

Incidentally one of the long standing Directors at Fev appears to have resigned at around the same time as that first loan being taken out too?

[Wollo Wollo Wayoo]

3 hours ago, Derwent said:

The land is mortgaged - the club took 2 remortgages out on it last year according to Companies House. One with Yorkshire Choice Homes and another with a person called Christopher Brereton.

3 hours ago, RigbyLuger said:

Think he had something to do with Wakefield at one point.

Him and Michael Carter were the ones who took over Trinity after the Glover car crash.  iirc

Last I read about him was a while back when he was supposedly part of a consortium interested in taking over Bradford.

Former Wakefield director Chris Brereton heading consortium taking over Bradford – Total Rugby League (totalrl.com)

Edited March 21 by Wollo Wollo Wayoo

[RigbyLuger]

41 minutes ago, Wollo Wollo Wayoo said:

Him and Michael Carter were the ones who took over Trinity after the Glover car crash.  iirc

Last I read about him was a while back when he was supposedly part of a consortium interested in taking over Bradford.

Former Wakefield director Chris Brereton heading consortium taking over Bradford – Total Rugby League (totalrl.com)

The anti-Carter element at Wakefield have forgotten the Glover/Elstone shambles.

[Tommygilf]

10 minutes ago, RigbyLuger said:

The anti-Carter element at Wakefield have forgotten the Glover/Elstone shambles.

I think they were always thankful for him rescuing the club and making it fiscally sound, however he stayed too long and couldn't take the club forward on his own back.

[Harry Stottle]

4 hours ago, Fevrover said:

Thought better of you Harry,usually one of the level headed ones on here.

It was a joke Rover, sorry if it didn't resonate that way.

[Harry Stottle]

5 hours ago, JohnM said:

Gratuitous dig at IMG from an unbeliever? I think IMG should issue financial updates on all clubs in real time, or at minute intervals.

Quite, I am eagerly awaiting full transparency of ALL clubs.

[Harry Stottle]

4 hours ago, The Phantom Horseman said:

Bit rich this Harry, given you had arguments/discussions with me over and over again on this very forum last summer in which you repeatedly seemed to be advocating Fev spending even more money than they already had, whether they had it or not.

So very true Phantom, had they done what I suggested speculated made SL and recieved the appropriate funding, would these recent problems have arisen?

 

[JohnM]

10 minutes ago, Harry Stottle said:

Quite, I am eagerly awaiting full transparency of ALL clubs.

You could always look at their accounts.

[Harry Stottle]

2 minutes ago, JohnM said:

You could always look at their accounts.

The business world is full of spreadsheet compilers having a bout of creative accountancy.

[Griff]

18 minutes ago, JohnM said:

You could always look at their accounts.

There's not much detail in accounts these days.

[The Phantom Horseman]

25 minutes ago, Harry Stottle said:

So very true Phantom, had they done what I suggested speculated made SL and recieved the appropriate funding, would these recent problems have arisen?

 

This is the RL equivalent of Liz Truss saying she should have cut the income tax rate for top earners by even more.