Re: 10 Days to Save the Broncos! : Fri Nov 22, 2013 10:02 am  

RDM wrote:

Would I be overly cynical to see this as an attempt to secure the Broncos' future in SL by the back door?
Step 1 - let as many players leave at the end of the 2013 season as possible;
Step 2 - enter Admin/plead poverty to gain dispensation to recruit overseas players beyond quota;
Step 3 - put a squad together that's strong enough to get enough points to overcome any deduction and avoid any relegation.

I think you're crediting the people who run our club with more savvy than they deserve

Re: 10 Days to Save the Broncos! : Fri Nov 22, 2013 10:28 am  

quinny wrote:

Mr Hughes has pumped millions of pounds into the club over the years so to be slaughtering him now is absolutely ridiculous...what else do you reckon he should do ? drive round the streets of London dragging people out of their houses to go to the games.....The Mackay guy I agree is a complete clown but David Hughes you are having a laugh...would you continue to throw away millions as he has done for more than 10 years ? Get real

Slaughtering Hughes?

Yes he's pumped his millions in but for God's sake you have to admit he's made some spectacularly rubbish appointments and then compounded things by stubbornly refusing to move them on when it's become apparent they were crap!

Re: 10 Days to Save the Broncos! : Fri Nov 22, 2013 11:26 am  

Khlav Kalash wrote:

Any clues on what liabilities the club are looking to shed as I though all debt was owed to Hughes? Is this just a game of hardball with the RFL?

I would imagine the debts are mainly to Hughes, IIRC it was Hughes and HMRC who actually lost out last time we folded too.

Re: 10 Days to Save the Broncos! : Sat Nov 23, 2013 7:37 pm  

Someone thinks we will be saved (northern RL journo) on twitter:



Trevor Hunt ‏@TheTrevorHunt 2h
London won't go into administration but will be saved mark my words- at least for 2014.

Re: 10 Days to Save the Broncos! : Sat Nov 23, 2013 7:43 pm  

All speculation. If he's wrong no one will remember and throw bricks at his window. Same with HKR owner who said the same a few weeks ago!?

Re: 10 Days to Save the Broncos! : Sat Nov 23, 2013 9:02 pm  

London Broncos as we all knew it died in 2005........this version isn't even a pale comparison of that club and as much as I will defend it from the northern Hordes and flat earthers, I really see no benefit in dragging it on much further.

67,500+ people at Wembley and the RFL will have us believe that 50% of them are southerners......yet we struggle to get 6% of them to games

Development of players is a luxury...self sufficiency through attendances, sponsorship and corporates should have been key.....the cart before the horse is one way of putting it.

Re: 10 Days to Save the Broncos! : Sat Nov 23, 2013 10:02 pm  

poplar panther wrote:

Someone thinks we will be saved (northern RL journo) on twitter:



Trevor Hunt ‏@TheTrevorHunt 2h
London won't go into administration but will be saved mark my words- at least for 2014.

Unfortunately most people in Leigh, where TH is from, have little faith in anything the bloke writes. Hope he's right on this occassion though.

Re: 10 Days to Save the Broncos! : Sun Nov 24, 2013 10:57 am  

Kelvin's Ferret wrote:

I would imagine the debts are mainly to Hughes, IIRC it was Hughes and HMRC who actually lost out last time we folded too.

You don't need to imagine. Broncos financial return (London Rugby League Limited) up to end November 2012 published last week, signed off by D. Hughes on Nov. 12, show total liabilities just over £13m, of which £12,294,283 is down to subordinated loans from Hughes (£10,202,076) and Lenegan (£2,092,097). Lenegan's loan dates from the setting up of Harlequins RL. DH's increased from £7,707,275 during 2012, an increase just short of £2.5 m. Loss for 2012 is £2,289,975.

Financial results for 2013 are surely even worse given our dwindling attendances, so DH would have needed to pump in probably about another £3m. this year to keep the operation afloat. Little wonder that he's had enough.

Re: 10 Days to Save the Broncos! : Sun Nov 24, 2013 9:34 pm  

BroncOnIon wrote:

You don't need to imagine. Broncos financial return (London Rugby League Limited) up to end November 2012 published last week, signed off by D. Hughes on Nov. 12, show total liabilities just over £13m, of which £12,294,283 is down to subordinated loans from Hughes (£10,202,076) and Lenegan (£2,092,097). Lenegan's loan dates from the setting up of Harlequins RL. DH's increased from £7,707,275 during 2012, an increase just short of £2.5 m. Loss for 2012 is £2,289,975.

Financial results for 2013 are surely even worse given our dwindling attendances, so DH would have needed to pump in probably about another £3m. this year to keep the operation afloat. Little wonder that he's had enough.

He agreed to bankroll a 3 year licence period application......he has carried out 2/3rds of this and the reason he is "wavering" is because the people he employed to run the club and the team have failed catastrophically....he was warned on multiple occasions that financial stability would be delivered through increased attendances yet he blindly ignored these warnings and has driven the club to the edge.
£3,000,000 a year of £30,000,000 a year...he stood in front of the fans and told us he was backing us for 3 more years......his failings and those of his key staff have resulted in us being flogging boys in 2014 at best......or a dead club at worst.
I still say that if we survive and somehow eventually own our own ground, then name a stand after the man, but make no mistake, he is more than partly responsible for this farce........

Re: 10 Days to Save the Broncos! : Mon Nov 25, 2013 12:00 pm  

gutterfax wrote:

name a stand after the man

Gus should also be recognised.

I propose a urinal named in his honour.