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Post by Deleted on Apr 10, 2019 15:18:44 GMT 1
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Post by Mastercracker on Apr 10, 2019 15:29:59 GMT 1
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Post by themanfromatlantis on Apr 10, 2019 15:31:48 GMT 1
You do realise that a tax write off means you have also lost money. Ā£10m loss does not mean you can claim Ā£10m against tax. Sure he'd recover a proportion of the money against other taxable profits. I'm an accountant, so yes. He cleverly setup his loans so that when we into administration the value owed to him quadrupled, i.e. far more than he ever put in to the club. He could therefore use this inflated write off to reduce his tax bill in the following years. The net impact bring that he didn't lose a penny from his entire involvement in Town. Whilst we suffered enormously for his reckless gambles. So I always bristle when people suggest Rubery was benevolent in some way when we reached our darkest hour. He was nothing of the sort. You'll have to excuse my simpleton Q's, but are you saying that Rubery essentially invested along the lines of a VC and therefore anticipated an inflated return (presumably baked into some clause if administration/liquidation were to occur). Which he then used to inflate his supposed loss to get a better tax break on all his interests? So he puts in a hypothetical Ā£1m, aims to return Ā£5m, the Ā£5m figure is the one used for tax write-offs and therefore benefits massively from money he neither invested, nor did he gain it as a tangible return? It all sounds like our accountancy laws are able to exploit so many loopholes and to the layman like myself they just appear to be almost openly fraudulent. I'm sure you'll explain if I've got that all wrong, that's how it comes across to me.
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Post by Deleted on Apr 10, 2019 15:36:34 GMT 1
Just one tbing I'm not sure of, tbat Ā£20 million training ground is Deans property. Available to rent at a reasonable price. I doubt it could be bought at that price. Its a long way from being a Ā£20m training ground at the moment isnāt it...itās a Ā£2m training ground with the potential to become a Ā£20m training ground. So...If someone/something is going through the process of buying the club and Canalside (Dean is documented to have said that the 40% stadium shares that the club holds would be moved into trust (which hasnāt happened yet) ahead of a sale of the club, and that Canalside would be available either for āreasonable rentā or could form part of the overall package), I doubt anything other than the book value plus possibly some of the shareholder debt of Canalside would be met...so some amount probably around Ā£1.5m would secure its ownership. Itās likely a relative formality, but no decision has been made on the planning application as yet...so thereās not even a guarantee that it will be ALLOWED to transform into a Ā£20m facility. www.kirklees.gov.uk/beta/planning-applications/search-for-planning-applications/detail.aspx?id=2018/93740A week or two back we were told work had already started on the state of the art Desso Grassmaster pitch, same size as the John Smiths complete with floodlights and spectator stand. That in itself doesn't make it a Ā£20m facility granted. Ā£1.5m would be unlikely to secure purchase of the current facility imo. Aren't we/Dean committed to building another facility for the original members of Canalside, including bowling greens etc. further along Leeds Road?
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Takeover
Apr 10, 2019 15:37:43 GMT 1
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Post by dalesterrier on Apr 10, 2019 15:37:43 GMT 1
Just one tbing I'm not sure of, tbat Ā£20 million training ground is Deans property. Available to rent at a reasonable price. I doubt it could be bought at that price. Its a long way from being a Ā£20m training ground at the moment isnāt it...itās a Ā£2m training ground with the potential to become a Ā£20m training ground. So...If someone/something is going through the process of buying the club and Canalside (Dean is documented to have said that the 40% stadium shares that the club holds would be moved into trust (which hasnāt happened yet) ahead of a sale of the club, and that Canalside would be available either for āreasonable rentā or could form part of the overall package), I doubt anything other than the book value plus possibly some of the shareholder debt of Canalside would be met...so some amount probably around Ā£1.5m would secure its ownership. Itās likely a relative formality, but no decision has been made on the planning application as yet...so thereās not even a guarantee that it will be ALLOWED to transform into a Ā£20m facility. www.kirklees.gov.uk/beta/planning-applications/search-for-planning-applications/detail.aspx?id=2018/93740I think it has because they're already building it!
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Takeover
Apr 10, 2019 17:10:57 GMT 1
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Post by ColchTerrier on Apr 10, 2019 17:10:57 GMT 1
F*ck me, so we getting taken over or what?
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Takeover
Apr 10, 2019 17:15:26 GMT 1
via mobile
Post by Christ in Shades (art) on Apr 10, 2019 17:15:26 GMT 1
Its a long way from being a Ā£20m training ground at the moment isnāt it...itās a Ā£2m training ground with the potential to become a Ā£20m training ground. So...If someone/something is going through the process of buying the club and Canalside (Dean is documented to have said that the 40% stadium shares that the club holds would be moved into trust (which hasnāt happened yet) ahead of a sale of the club, and that Canalside would be available either for āreasonable rentā or could form part of the overall package), I doubt anything other than the book value plus possibly some of the shareholder debt of Canalside would be met...so some amount probably around Ā£1.5m would secure its ownership. Itās likely a relative formality, but no decision has been made on the planning application as yet...so thereās not even a guarantee that it will be ALLOWED to transform into a Ā£20m facility. www.kirklees.gov.uk/beta/planning-applications/search-for-planning-applications/detail.aspx?id=2018/93740A week or two back we were told work had already started on the state of the art Desso Grassmaster pitch, same size as the John Smiths complete with floodlights and spectator stand. That in itself doesn't make it a Ā£20m facility granted. Ā£1.5m would be unlikely to secure purchase of the current facility imo. Aren't we/Dean committed to building another facility for the original members of Canalside, including bowling greens etc. further along Leeds Road? I had a walk along the canal the other week and there is an abandoned playing field next door to canal side, which now you've said that has been cleared and levelled as if a sports pitch of some kind is going to be laid, so whether this is the new facility for the previous members or an extension of the training ground. I did wonder at the time what was actually going on as it had just appeared to have been cleared.
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Post by Deleted on Apr 10, 2019 17:20:22 GMT 1
A week or two back we were told work had already started on the state of the art Desso Grassmaster pitch, same size as the John Smiths complete with floodlights and spectator stand. That in itself doesn't make it a Ā£20m facility granted. Ā£1.5m would be unlikely to secure purchase of the current facility imo. Aren't we/Dean committed to building another facility for the original members of Canalside, including bowling greens etc. further along Leeds Road? I had a walk along the canal the other week and there is an abandoned playing field next door to canal side, which now you've said that has been cleared and levelled as if a sports pitch of some kind is going to be laid, so whether this is the new facility for the previous members or an extension of the training ground. I did wonder at the time what was actually going on as it had just appeared to have been cleared. If it's to the right of the main building, looking from the front towards the canal, then that will be the new state of the art pitch I mentioned as being started on.
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Post by royrace on Apr 10, 2019 17:41:48 GMT 1
I'm an accountant, so yes. He cleverly setup his loans so that when we into administration the value owed to him quadrupled, i.e. far more than he ever put in to the club. He could therefore use this inflated write off to reduce his tax bill in the following years. The net impact bring that he didn't lose a penny from his entire involvement in Town. Whilst we suffered enormously for his reckless gambles. So I always bristle when people suggest Rubery was benevolent in some way when we reached our darkest hour. He was nothing of the sort. To be fair I've always had more of a problem with Ian Ayre than Rubery, who would be the first to admit not only he wasn't a Town fan but he knew nothing about football, the appointment of the Scouse, Marcus Stuart selling git was supposed to cover those bases for him. It's also worth remembering that the huge debts we ran up during has ownership were all down to him, under Keith Longbottom we couldn't and indeed wouldn't have spent the money. It's no point being a regular customer at Matalan, than having a wild spending spree in Harrods then complaining you get afford to clear your MasterCard bill. For me its always been Rubery, he was the one who changed his mind and recklessly pulled the plug. Nothing to do with Bruce or Ayre really, Rubery pulled the plug due to a change in his circumstances and did one leaving the club in the shit.
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Post by Deleted on Apr 10, 2019 17:54:40 GMT 1
Its a long way from being a Ā£20m training ground at the moment isnāt it...itās a Ā£2m training ground with the potential to become a Ā£20m training ground. So...If someone/something is going through the process of buying the club and Canalside (Dean is documented to have said that the 40% stadium shares that the club holds would be moved into trust (which hasnāt happened yet) ahead of a sale of the club, and that Canalside would be available either for āreasonable rentā or could form part of the overall package), I doubt anything other than the book value plus possibly some of the shareholder debt of Canalside would be met...so some amount probably around Ā£1.5m would secure its ownership. Itās likely a relative formality, but no decision has been made on the planning application as yet...so thereās not even a guarantee that it will be ALLOWED to transform into a Ā£20m facility. www.kirklees.gov.uk/beta/planning-applications/search-for-planning-applications/detail.aspx?id=2018/93740A week or two back we were told work had already started on the state of the art Desso Grassmaster pitch, same size as the John Smiths complete with floodlights and spectator stand. That in itself doesn't make it a Ā£20m facility granted. Ā£1.5m would be unlikely to secure purchase of the current facility imo. Aren't we/Dean committed to building another facility for the original members of Canalside, including bowling greens etc. further along Leeds Road? Indeed, but thatās not happened yet either...it was mentioned in the club accounts that a proposal is being developed to transition the public provision at Canalside to a new facility intended at an improved/expanded Leeds Road Sports Complex. Thereās no guarantee that proposal will be completed and the facility will be completed...especially if the club is subject to impending takeover. Although, that those plans (and what will happen to the FanZone next season) are topics on the regular board meeting agenda makes me actually think the club is NOT about to announce new ownership in the next few weeks. (But I don't āknowā anything other than the public record that Iāve read and interpreted).
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Post by Deleted on Apr 10, 2019 18:18:17 GMT 1
A week or two back we were told work had already started on the state of the art Desso Grassmaster pitch, same size as the John Smiths complete with floodlights and spectator stand. That in itself doesn't make it a Ā£20m facility granted. Ā£1.5m would be unlikely to secure purchase of the current facility imo. Aren't we/Dean committed to building another facility for the original members of Canalside, including bowling greens etc. further along Leeds Road? Indeed, but thatās not happened yet either...it was mentioned in the club accounts that a proposal is being developed to transition the public provision at Canalside to a new facility intended at an improved/expanded Leeds Road Sports Complex. Thereās no guarantee that proposal will be completed and the facility will be completed...especially if the club is subject to impending takeover. Although, that those plans (and what will happen to the FanZone next season) are topics on the regular board meeting agenda makes me actually think the club is NOT about to announce new ownership in the next few weeks. (But I don't āknowā anything other than the public record that Iāve read and interpreted). Deans main concern regards Canalside was to keep it safe in the future from asset strippers. That leads me to think he would prefer to keep it and rent it. One never knows of course, but I doubt it will go for a bargain price.
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Post by Town Duppy on Apr 10, 2019 18:46:52 GMT 1
F*ck me, so we getting taken over or what? Over taken.
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Post by bluestripe on Apr 10, 2019 19:15:30 GMT 1
I'm an accountant, so yes. He cleverly setup his loans so that when we into administration the value owed to him quadrupled, i.e. far more than he ever put in to the club. He could therefore use this inflated write off to reduce his tax bill in the following years. The net impact bring that he didn't lose a penny from his entire involvement in Town. Whilst we suffered enormously for his reckless gambles. So I always bristle when people suggest Rubery was benevolent in some way when we reached our darkest hour. He was nothing of the sort. Bluestripe.... owned!!āļø Obviously š. Nice to see somebody on here who seems to know what they're talking about. With the amount of s##t spouted on this site, presenting unfounded, knee-jerk opinion as fact, my comment questioning this would have been valid approximately 99% of the time!
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Post by ritchie on Apr 10, 2019 19:30:52 GMT 1
Its a long way from being a Ā£20m training ground at the moment isnāt it...itās a Ā£2m training ground with the potential to become a Ā£20m training ground. So...If someone/something is going through the process of buying the club and Canalside (Dean is documented to have said that the 40% stadium shares that the club holds would be moved into trust (which hasnāt happened yet) ahead of a sale of the club, and that Canalside would be available either for āreasonable rentā or could form part of the overall package), I doubt anything other than the book value plus possibly some of the shareholder debt of Canalside would be met...so some amount probably around Ā£1.5m would secure its ownership. Itās likely a relative formality, but no decision has been made on the planning application as yet...so thereās not even a guarantee that it will be ALLOWED to transform into a Ā£20m facility. www.kirklees.gov.uk/beta/planning-applications/search-for-planning-applications/detail.aspx?id=2018/93740A week or two back we were told work had already started on the state of the art Desso Grassmaster pitch, same size as the John Smiths complete with floodlights and spectator stand. That in itself doesn't make it a Ā£20m facility granted. Ā£1.5m would be unlikely to secure purchase of the current facility imo. Aren't we/Dean committed to building another facility for the original members of Canalside, including bowling greens etc. further along Leeds Road? I dont actually know the ins and outs of it codd, my understanding was that money had been budgeted from TV revenue to pay for it (i've got limited knowledge on accounts and didnt really follow the thread so this might not be the case) guess my point wasnt so much about ownership, more the use of it. a prospective owner might not own it as an asset but nor would they have to stump up the cash to build one themselves. If dean is willing to rent it at reasonable rate, then if anything, that probably makes it more of an attractive proposition? as apposed to having to finance the construction of one/purchase it?
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Post by Deleted on Apr 10, 2019 19:47:44 GMT 1
To be fair I've always had more of a problem with Ian Ayre than Rubery, who would be the first to admit not only he wasn't a Town fan but he knew nothing about football, the appointment of the Scouse, Marcus Stuart selling git was supposed to cover those bases for him. It's also worth remembering that the huge debts we ran up during has ownership were all down to him, under Keith Longbottom we couldn't and indeed wouldn't have spent the money. It's no point being a regular customer at Matalan, than having a wild spending spree in Harrods then complaining you get afford to clear your MasterCard bill. For me its always been Rubery, he was the one who changed his mind and recklessly pulled the plug. Nothing to do with Bruce or Ayre really, Rubery pulled the plug due to a change in his circumstances and did one leaving the club in the shit.
And I always thought Rubery bought us, set Ayre on to run the show, and it was Ayre who had sanctioned blowing the money Rubery had set aside to last 12 months in six ?
And then the shit hit the fan.
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Post by Captainslapper on Apr 10, 2019 19:49:58 GMT 1
Really? How long did it take you to put that together? There's no agenda or axe to grind. Didn't Hoyle himself say on the quiet he wanted to take Town to the top, so he's only done what he said he would. If you believe he bought the Club solely because he wanted to save it from going under i would say you're naive. He's a very shrewd business man, he saw an opportunity to exploit and went for it. Big risk but what business start up isn't? He will leave with more money in his pocket than when he started 10 years ago. Make no mistake. Good for him, a crazy decade of ups and downs. Just my opinionIt is just your opinion. Completely wrong, but youre entitled to have it. If he was a shrewd businessman, acting on those motives alone, he wouldn;t have touched Huddersfield Town with a very very long bargepole. Hes only able to get a return on the tens of millions hes pumped into the club over the past decade, because something quite extraordinary happened. Slightly miraculous even. Shrewd businessmen, which Hoyle certainly is, don;t invest in businesses for gain in the hope of miracles happening! He saved Town because he loves the club and he saw it was dying a slow painful death under the stewardship of Davy- a man who bought it to asset strip it and ran it to finance his own business interests, and his rugby club. Theres really nothing much more to it than that.
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Post by gymroidspump on Apr 10, 2019 19:54:05 GMT 1
Really? How long did it take you to put that together? There's no agenda or axe to grind. Didn't Hoyle himself say on the quiet he wanted to take Town to the top, so he's only done what he said he would. If you believe he bought the Club solely because he wanted to save it from going under i would say you're naive. He's a very shrewd business man, he saw an opportunity to exploit and went for it. Big risk but what business start up isn't? He will leave with more money in his pocket than when he started 10 years ago. Make no mistake. Good for him, a crazy decade of ups and downs. Just my opinionIt is just your opinion. Completely wrong, but youre entitled to have it. If he was a shrewd businessman, acting on those motives alone, he wouldn;t have touched Huddersfield Town with a very very long bargepole. Hes only able to get a return on the tens of millions hes pumped into the club over the past decade, because something quite extraordinary happened. Slightly miraculous even. Shrewd businessmen, which Hoyle certainly is, don;t invest in businesses for gain in the hope of miracles happening! He saved Town because he loves the club and he saw it was dying a slow painful death under the stewardship of Davy- a man who bought it to asset strip it and ran it to finance his own business interests, and his rugby club. Theres really nothing much more to it than that. Not a miracle when he said that's exactly what we wants to happen and expects. Your opinion and I respect that, but you're completely wrong š
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Post by Deleted on Apr 10, 2019 19:57:40 GMT 1
A week or two back we were told work had already started on the state of the art Desso Grassmaster pitch, same size as the John Smiths complete with floodlights and spectator stand. That in itself doesn't make it a Ā£20m facility granted. Ā£1.5m would be unlikely to secure purchase of the current facility imo. Aren't we/Dean committed to building another facility for the original members of Canalside, including bowling greens etc. further along Leeds Road? I dont actually know the ins and outs of it codd, my understanding was that money had been budgeted from TV revenue to pay for it (i've got limited knowledge on accounts and didnt really follow the thread so this might not be the case) guess my point wasnt so much about ownership, more the use of it. a prospective owner might not own it as an asset but nor would they have to stump up the cash to build one themselves. If dean is willing to rent it at reasonable rate, then if anything, that probably makes it more of an attractive proposition? as apposed to having to finance the construction of one/purchase it? As I said to Flying In A Blue Dream. Dean would probably prefer to rent.
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Post by Captainslapper on Apr 10, 2019 19:59:12 GMT 1
What, so you think an owner saying he hopes to see the club back in the top flight means he 'invested' thinking that would happen? If you think it was likely, or even anything short of miraculous that HTFC got promoted to the prem then you understand very little about the game.
You couldn;t be more wrong. Hoyle would piss himself at the idea he bought Town to make himself money!
And im still wondering how you claim to have such knowledge of DHs bank balance too.
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Post by Deleted on Apr 10, 2019 20:06:44 GMT 1
It is just your opinion. Completely wrong, but youre entitled to have it. If he was a shrewd businessman, acting on those motives alone, he wouldn;t have touched Huddersfield Town with a very very long bargepole. Hes only able to get a return on the tens of millions hes pumped into the club over the past decade, because something quite extraordinary happened. Slightly miraculous even. Shrewd businessmen, which Hoyle certainly is, don;t invest in businesses for gain in the hope of miracles happening! He saved Town because he loves the club and he saw it was dying a slow painful death under the stewardship of Davy- a man who bought it to asset strip it and ran it to finance his own business interests, and his rugby club. Theres really nothing much more to it than that. Not a miracle when he said that's exactly what we wants to happen and expects. Your opinion and I respect that, but you're completely wrong š Wanting something to happen and expecting it to happen are two entirely different things, he NEVER said he expected it to happen. My wife plays the lottery every week and wants to win, does she expect to win?
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Post by Captainslapper on Apr 10, 2019 20:13:16 GMT 1
Gonna say. I must have missed the time Dean said he expects to get to the premier division!
Someones just making stuff up off the top of their head. Is that you ken?
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Post by townatheart on Apr 10, 2019 20:21:13 GMT 1
Gonna say. I must have missed the time Dean said he expects to get to the premier division! Someones just making stuff up off the top of their head. Is that you ken? Pretty obvious he is a WUM, or a politician perhaps, as they regularly resort to making up all kinds of nonsense to try and make themselves look good
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Post by gymroidspump on Apr 10, 2019 20:34:59 GMT 1
Not a miracle when he said that's exactly what we wants to happen and expects. Your opinion and I respect that, but you're completely wrong š Wanting something to happen and expecting it to happen are two entirely different things, he NEVER said he expected it to happen. My wife plays the lottery every week and wants to win, does she expect to win? So do you think he started his gift card business wishing something would happen, please God fingers crossed, I'm going to start a business and hope I win the lottery Or did he do that with something called a business plan??!!!?!?!?!?!? š
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Post by gymroidspump on Apr 10, 2019 20:35:47 GMT 1
Gonna say. I must have missed the time Dean said he expects to get to the premier division! Someones just making stuff up off the top of their head. Is that you ken? Pretty obvious he is a WUM, or a politician perhaps, as they regularly resort to making up all kinds of nonsense to try and make themselves look good Not a wum. I just don't agree with most of the DATM wums.
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Post by gymroidspump on Apr 10, 2019 20:38:15 GMT 1
What, so you think an owner saying he hopes to see the club back in the top flight means he 'invested' thinking that would happen? If you think it was likely, or even anything short of miraculous that HTFC got promoted to the prem then you understand very little about the game. You couldn;t be more wrong. Hoyle would piss himself at the idea he bought Town to make himself money! And im still wondering how you claim to have such knowledge of DHs bank balance too. Would he piss himself at the idea? Probably pissing himself at you thinking the shite served up this season has you buying your season ticket next season The benevolent overlord š making profit and big bank Get outside your DATM bubble, mate. You'll be amazed at who doesn't agree with you
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Post by Doc Halladay 32 on Apr 10, 2019 20:45:14 GMT 1
Definitely a WUM
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Post by Deleted on Apr 10, 2019 20:48:18 GMT 1
Wanting something to happen and expecting it to happen are two entirely different things, he NEVER said he expected it to happen. My wife plays the lottery every week and wants to win, does she expect to win? So do you think he started his gift card business wishing something would happen, please God fingers crossed, I'm going to start a business and hope I win the lottery Or did he do that with something called a business plan??!!!?!?!?!?!? š Show me where Dean said he expects to gain promotion to the Premier League.
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Takeover
Apr 10, 2019 20:48:49 GMT 1
via mobile
Post by ponteterrier on Apr 10, 2019 20:48:49 GMT 1
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Post by townatheart on Apr 10, 2019 20:56:18 GMT 1
What, so you think an owner saying he hopes to see the club back in the top flight means he 'invested' thinking that would happen? If you think it was likely, or even anything short of miraculous that HTFC got promoted to the prem then you understand very little about the game. You couldn;t be more wrong. Hoyle would piss himself at the idea he bought Town to make himself money! And im still wondering how you claim to have such knowledge of DHs bank balance too. Would he piss himself at the idea? Probably pissing himself at you thinking the shite served up this season has you buying your season ticket next season The benevolent overlord š making profit and big bank Get outside your DATM bubble, mate. You'll be amazed at who doesn't agree with youWell, that is one point you are certainly right on, must be thousands and thousands of those Leeds fans who agree with you
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Post by gymroidspump on Apr 10, 2019 20:57:06 GMT 1
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