| FORUMS > Halifax Panthers > Widnes financial results |
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| Rank | Posts | Team |
| International Chairman | 6608 | |
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| Dec 2001 | 23 years | |
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| Nov 2024 | Nov 2024 | LINK |
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AM I RIGHT? I'M NOT WRONG!:287.jpg |
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| Quote: Starbug "Basically they brought in 916 K but spent in total 1,892 a loss of 986 K , but 837 K of that was spent on one off type payments/investments leaving a ' real ' loss of 149 K in the 1 st year
Scary to me and you but in the world of pro sport , small potatoes'"
Don't agree with this, Starbug. The £837k would have been capitalised and not part of expenditure, so the loss of £986k is infact a "real" loss. And if you're talking of "real" losses, if the £837k was classed as an expense then the real loss would infact be £986k plus £837k = £1,823,000. Now that ... for a RL club of Widnes's size ..... really is shocking. |
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| Rank | Posts | Team |
| Club Owner | 8296 | |
| Joined | Service | Reputation |
| Jun 2003 | 21 years | |
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| Mar 2018 | May 2017 | LINK |
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[color=#FF0000:1qrpf1cm][b:1qrpf1cm]RFL = FAIL[/b:1qrpf1cm][/color:1qrpf1cm]:d7dc4b20b2c2dd7b76ac6eac29d5604e_6115.jpg |
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| Quote: wereutherein1987? "I aren't wanting to get drawn into a pi??ing contest, just genuinely suprised the the no1 contenders for s/l have posted such dire financial results.
But it has been made crystal clear that these results are just a one off and everything is now sound with the club financially.
Hope 2 s/l licences are up for grabs 2012.'"
You needed to understand how these figures are reached and then, like has been mentioned previously, realise that much of the debt will be a one-off and will not be incumbent for this years operating costs. The loss will recover itself in the long run, and should Widnes find their 'franchise' application successful for the 2012 I'd put money on them being in the black before then. Good luck to them. They have been lucky enough to find a backer that has the vision and finances to enable this. |
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| Rank | Posts | Team |
| Club Owner | 33944 | No
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| Mar 2004 | 21 years | |
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| Mar 2016 | Mar 2016 | LINK |
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9005.jpg
kcab sfrawdder
Luck is a combination of preparation and opportunity
Just to avoid confusion Starbug is the username of Steven Pike
SOMEBODY SAID that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!:9005.jpg |
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| Quote: Tony Fax "Don't agree with this, Starbug. The £837k would have been capitalised and not part of expenditure, so the loss of £986k is infact a "real" loss. And if you're talking of "real" losses, if the £837k was classed as an expense then the real loss would infact be £986k plus £837k
Do you want to try explain that to ' Wherewereyou ' ?
I understand what you mean , just 
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| Rank | Posts | Team |
| International Chairman | 6608 | |
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| Dec 2001 | 23 years | |
| Online | Last Post | Last Page |
| Nov 2024 | Nov 2024 | LINK |
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287.jpg
AM I RIGHT? I'M NOT WRONG!:287.jpg |
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| Quote: -VIKINGMAN- "Show me another club which gets close to a 1 million turnover, actually show me the Halifax's books.'"
It's no good getting £1 million turnover if you spend £2 million. Are you a banker by any chance, Vikingman? I always thought you was a banker, oh yes! |
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| International Board Member | 8194 | No
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| Nov 2002 | 22 years | |
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| Jul 2015 | Apr 2015 | LINK |
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FAILURE ISN'T ABOUT FALLING DOWN, FAILURE IS STAYING DOWN..........:d7dc4b20b2c2dd7b76ac6eac29d5604e_3245.jpg |
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| Quote: -VIKINGMAN- "Show me another club which gets close to a 1 million turnover, actually show me the Halifax's books.'"
Which Halifax ? The HBOS ?
Nice day for you lot, are you celebrating your neighbours winning the challenge cup ? CHEERS.... |
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| Player Coach | 5159 |  |
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| May 2009 | 15 years | |
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| Oct 2024 | Aug 2019 | LINK |
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Sheffield Eagles - Back to Back National Champions 2012 and 2013 !!:d7dc4b20b2c2dd7b76ac6eac29d5604e_45460.jpg |
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| Quote: Tony Fax "It says in the link that £837k was spent on fixed assets so doesn't form part of the loss.'"
Yeah, you're right. Only the depreciation will be part of the loss. |
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| Rank | Posts | Team |
| Player Coach | 6096 | No
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| Apr 2009 | 16 years | |
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| Jun 2015 | Oct 2014 | LINK |
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This isn't a sleeping giant, it's a giant! Denis Betts Nov 2010
Twitter: @JoeyViking:d7dc4b20b2c2dd7b76ac6eac29d5604e_45011.jpg |
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Is it just me who thinks widnes wouldn't of PUBLISHED books...if they thought was bad?
All is good simple as... cheers anyway!
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| Rank | Posts | Team |
| Player Coach | 727 | No
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| Sep 2008 | 16 years | |
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| Jan 2010 | Jan 2010 | LINK |
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| Quote: Tony Fax "I'm "not going on" about owt, I'm correcting a query, you div.'" I not a div .It just seems you are all concerned about widnes..To be honest it be much better than your team finances.If you think our turnover and losses is crap then i love to see halifax outgoings on players etc.Widnes are in a great postion end of matter.You see most football clubs such as liverpool owners owe money to the banks.No rugby clubs except the wigans and leeds of this world are making great profits.  |
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