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| International Board Member | 43413 | No
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| Jan 2003 | 22 years | |
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| Apr 2024 | Sep 2022 | LINK |
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| Quote Standee="Standee"Nope, doesn't work like that Hutchie.'"
just for my curiousity please explain why
my only dealings in ivesting money is putting cash into a bank account that ends up dissapearing each month  |
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| Rank | Posts | Team |
| Club Owner | 29160 | No
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| Joined | Service | Reputation |
| Mar 2004 | 21 years | |
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| Dec 2012 | Jul 2011 | LINK |
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| Quote Hutchie="Hutchie"just for my curiousity please explain why
'"
youre a pass holder/customer, not a shareholder/long term investor. |
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| International Board Member | 37503 | No
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| Apr 2003 | 22 years | |
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| Apr 2015 | Oct 2014 | LINK |
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| Quote Hutchie="Hutchie"just for my curiousity please explain why
my only dealings in ivesting money is putting cash into a bank account that ends up dissapearing each month
'"
When you put cash into a building society the BS gives you interest on your balance, they then use the pooled investments to form the basis (to a certain extent) of their loan provision, therefore as an invester you are implicitly linked to the profitability of the organisation.
A season pass holder isn't investing, you are simply paying up front for games to attract a discount, your money is uesd as operational capital for the club. |
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| Rank | Posts | Team |
| Club Owner | 1282 | No
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| Feb 2004 | 21 years | |
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| Apr 2015 | Apr 2015 | LINK |
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| Quote Hutchie="Hutchie"just for my curiousity please explain why
my only dealings in ivesting money is putting cash into a bank account that ends up dissapearing each month
'"
I'm pretty sure if you gave FC a couple of thousand they could make it disappear |
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| Rank | Posts | Team |
| International Board Member | 43413 | No
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| Jan 2003 | 22 years | |
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| Apr 2024 | Sep 2022 | LINK |
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| Quote Sir Phoenix="Sir Phoenix"I'm pretty sure if you gave FC a couple of thousand they could make it disappear
'"
do i have to make a MOOOO ing sound when handing it over |
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| Rank | Posts | Team |
| Club Owner | 7735 | No
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| Feb 2004 | 21 years | |
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| Mar 2025 | May 2022 | LINK |
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| Quote Hutchie="Hutchie"Just a point, im sure all you Stock Exchange whizzers can help
If the club did a share issue, would passholders be given any shares in the same way building socieities did ?'"
Strictly speaking, Building Societies were not companies, they were effectively an organised group of people investing in the same place.
When they changed into Public companies they offered their members shares effectively as a golden hello. |
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| Rank | Posts | Team |
| Club Owner | 1282 | No
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| Feb 2004 | 21 years | |
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| Apr 2015 | Apr 2015 | LINK |
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| Quote Hutchie="Hutchie"do i have to make a MOOOO ing sound when handing it over'"
If thats what turns you on i'm sure they would let you but its not compulsory |
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| Rank | Posts | Team |
| Player Coach | 30594 | No
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| Mar 2007 | 18 years | |
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| Mar 2025 | Feb 2025 | LINK |
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| Quote Standee="Standee"When you put cash into a building society the BS gives you interest on your balance, they then use the pooled investments to form the basis (to a certain extent) of their loan provision, therefore as an invester you are implicitly linked to the profitability of the organisation.
A season pass holder isn't investing, you are simply paying up front for games to attract a discount, your money is uesd as operational capital for the club.'"
Close but no cigar. Building Societies are mutual organisations, "owned" by their members (Investors and borrowers), who are each deemed to own a share in the society (they used to be called share accounts). Demutualisation (flotation), means that the society becomes a company, with "proper" shares which are quoted on the stock exchange. Former members are given a share allocation to compensate them for the loss of their share in the mutual organisation.
Hull FC are already a company, hence the purchase of a service from them does not confer any rights to ownership |
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| Rank | Posts | Team |
| Moderator | 4040 | No
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| Apr 2004 | 21 years | |
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| Nov 2023 | Jun 2023 | LINK |
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| Quote Big Dave T="Big Dave T"Debt gone, money into the club. Fans get chance to have a real voice and make decisions.
From a directors point of view you get your loan back (substantial)
Makes it a more attractive business to sell your share.
Negative point would be that a lot of uneducated stupid people would also get a chance to vote for what they want to happen with the club. Hopefully we would have more sensible people to out vote these!'"
Is Big Dave T calling Hull fans "uneducated stupid people"?.
You didnt go to school with Paul Cooke did you Dave? lol. |
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| Rank | Posts | Team |
| Player Coach | 2616 | No
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| Jun 2006 | 19 years | |
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| Jun 2015 | May 2015 | LINK |
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| Quote R.B.A="R.B.A"Is Big Dave T calling Hull fans "uneducated stupid people"?.
You didnt go to school with Paul Cooke did you Dave? lol.'"
F@ck off you troll |
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| Rank | Posts | Team |
| International Board Member | 8463 | No
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| Apr 2003 | 22 years | |
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| Oct 2011 | Oct 2011 | LINK |
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issuing shares would solve all the clubs problems. the couple of grand theyd raise would be ploughed into the signign of lockyer, the 100 people who could be bothered to buy in would have a huge impact on the running of the club due to their minuscule voting rights and subsequently north london will become a fine area to visit and live in.
more realistically a few deluded saddos would be able to go to an agm and have absolutely no power over what goes on, whilst wasting perfectly good money ina company thats going nowhere in a hurry
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| Rank | Posts | Team |
| International Board Member | 3648 | No
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| Jul 2003 | 22 years | |
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| Jul 2017 | Jun 2017 | LINK |
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| Quote R.B.A="R.B.A"Is Big Dave T calling Hull fans "uneducated stupid people"?.
You didnt go to school with Paul Cooke did you Dave? lol.'"
Think he was talking about you  |
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