by Uke » 08 Oct 2009 12:17
by Dirk Gently » 08 Oct 2009 12:26
BR2 .....
So far we have been able to establish the costs of the pitch,costs at Hogwood and the cost of the Media Centre together totalling around £4million but the other £3.5 million (or put another way 3 or 4 decent players)?
With any club there has to be a balance between what is spent on and off the pitch.
At the moment the assets on the pitch strike me as being vastly inferior to the assets off the pitch and if the assets on the pitch are not improved upon the assets off the pitch (revenue streams) will start to fall in value.
by Silver Fox » 08 Oct 2009 13:22
BR2 I still feel a bit narked though that for my insignificant (to the club,but significant to me) contribution each year I can't question the board (which would be the case if I were but a miniscule shareholder in a public limited company)to elaborate on the item of infrastrucure stated in the financial statement.
by Sun Tzu » 08 Oct 2009 13:59
Silver FoxBR2 I still feel a bit narked though that for my insignificant (to the club,but significant to me) contribution each year I can't question the board (which would be the case if I were but a miniscule shareholder in a public limited company)to elaborate on the item of infrastrucure stated in the financial statement.
Do you feel the same about places where you do your shopping?
by Harpers So Solid Crew » 08 Oct 2009 20:13
by Hoop Blah » 09 Oct 2009 12:35
by Dirk Gently » 09 Oct 2009 12:38
Hoop Blah Although not technically correct, as fans we are more than mere consumers of RFC, we're the reason it's here. It's our club in all but name and the current owner, management etc etc are just tempory custodians of OUR CLUB.
I don't think we need to know the in's and out's of everything that goes on but we have a bloody big vested interest in making sure all is being done to make the club successful and viable for many years to come. Because of that I think the club have a duty to give us a certain level of information over and above that I'd expect from any other organisation I spend money with.
by Hoop Blah » 09 Oct 2009 12:50
Dirk GentlyHoop Blah Although not technically correct, as fans we are more than mere consumers of RFC, we're the reason it's here. It's our club in all but name and the current owner, management etc etc are just tempory custodians of OUR CLUB.
I don't think we need to know the in's and out's of everything that goes on but we have a bloody big vested interest in making sure all is being done to make the club successful and viable for many years to come. Because of that I think the club have a duty to give us a certain level of information over and above that I'd expect from any other organisation I spend money with.
Morally - yes. Leaglly and in practice - absolutely not.
by Sun Tzu » 11 Oct 2009 17:28
Hoop Blah Because of that I think the club have a duty to give us a certain level of information over and above that I'd expect from any other organisation I spend money with.
by Forbury Lion » 12 Oct 2009 12:16
The board have a duty to respond to shareholders. The shareholders are the owners and they appoint the board.Sun Tzu However I can;t see it getting an answer, in much the same way as I can't see an M&S shareholder getting too far with a question aboput the cost of new toliets at the neasden branch of M&S !
by Dirk Gently » 12 Oct 2009 12:20
Forbury LionThe board have a duty to respond to shareholders. The shareholders are the owners and they appoint the board.Sun Tzu However I can;t see it getting an answer, in much the same way as I can't see an M&S shareholder getting too far with a question aboput the cost of new toliets at the neasden branch of M&S !
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