Hello again and wasn’t it heartening this week to see Adam Pearson going into print, reaffirming his backing for the club and his commitment to it and looking forward to our games starting again. Then in chimed James Clark, with more interesting, heartening and reassuring stuff as the pair of them battle to keep the club we love afloat and look to restarting our season.
I guess there are troubled waters ahead though and with so many Rugby League clubs run on a shoe string in the first place, I simply can’t see everyone coming through unscathed. Neil Hudgell over in the East painted a bleak picture in the Mail on Wednesday and I guess we just all have to await what happens next.
One thing that is strangely in our favour at Hull FC is the fact that we don’t own our own ground or have any sort of long lease on it, because in effect we are just tenants of the SMC. Normally that’s a disadvantage and it’s fair to say that we have often envied Clubs who have the ‘security’ of owning their own stadiums, or leasing them long term. Indeed, having our own home has always been the dream of everyone from Adam to ‘Joe Public’ sat on the terraces, but now perhaps the lack of such a facility, is a bit of a god send.
You see, for now, those owners and tenants have to continue with the upkeep of their grounds, whilst they also have balance sheets that depend on functions, bar takings, room hire and out of game-time activities to stay afloat. Their maintenance and upkeep costs will be escalating, with no income coming in and as is now happening at Rovers, the debts are totting up.
Owning your own stadium, or having a long lease means that you can spread your wings a bit, but you then come to depend on that income and you can see how the loss of those lucrative rock concerts, that they were so proud of attracting, have hit Hull KR hard, as they revealed this week that they have caused a £500,000 hole in their 2020 balance sheet and that’s without the Corona Virus stuff. At Hull FC we have had to live without such income streams and hone our business around playing rugby on game day, selling shed loads of merchandise and attracting large amounts of sponsorship, memberships and external income. As a Club we have long lamented not owning our ground and not being able to do such things as others could do, but now conversely, I guess that it’s an advantage of sorts.
Still as I have said for weeks now, we can only await developments and as fans, see what we can do to help when we are asked. This Covid thing is far from over and, with the irresponsible actions of the few, who knows what spikes and surges will be upon us in the coming months. In the mean-time things move on, slowly, and so for now we return to the mid 80’s when we had other troubles at Hull FC, as the great days of the Arthur Bunting reign were fast disappearing and the debts were again beginning to mount.Continue reading