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Quote: Adeybull "If Bulls lose the SL Licence, it's no way back and likely oblivion in my view. Always has been.

The only way back would be with an owner with some real Brass. But such a bidder will not want to see the club relegated in the first place. So it seems to me we will either keep the Licence or disappear.'"




Agree totally Adey, we cannot see that if the Bulls are relegated out of SL that it will be anything other than, as you say, oblivion!

It takes too long to begin the re birth of anything like the club we have at this moment. Without a substantial sponsor we will not be in the position to re-build anyway.

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Quote: birstallbull "Suggest you do like me and send a personal email to Eamonn McManus thanking him for his support.'"



Agreed and already done, same with all the other teams who have helped our Hardship fund. Let's hope no other club has to go through what we've been through. It's been 6 months of uncertainty and anguish.

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Quote: jonte "Agree totally Adey, we cannot see that if the Bulls are relegated out of SL that it will be anything other than, as you say, oblivion!

'"


That's encouraging for the current clubs who find themselves in that position in the Championships isn't it ?!

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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



Quote: Ferocious Aardvark "I'm sorry. I didn't realise you had been incoming from a distant planet in a state of suspended animation these last few years, and could therefore have no knowledge of what changed. One day maybe someone will have time to go through the history with you.'"


So you dont really know either, do you?

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Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total:d7dc4b20b2c2dd7b76ac6eac29d5604e_973.gif



Quote: Starbug "So you dont really know either, do you?'"


Seems to me that pretty much everyone knows, except you.

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[quote:1pqtnbtj]Every player in our squad could probably earn more money with another club. But they prefer to sacrifice a few extra quid in their back pocket to share special memories. And playing at a place like Old Trafford on a night like this makes it all worthwhile.[/quote:1pqtnbtj] Kevin Sinfield:982.jpg



Quote: Adeybull "I have always rated McManus, big time. He is a shrewd operator
'"
icon_biggrin.gif

Saints have recorded losses of £2.4 million in 2011, £1.35 million in 2010 and £940k in 2009.

McManus' support for the Bulls is little more than a Turkey voting against Christmas.

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When my club didn't exist it was still bigger than yours:d7dc4b20b2c2dd7b76ac6eac29d5604e_8.jpg



Quote: Starbug "So you dont really know either, do you?'"


My blame is pinned squarely on the boogie.

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Quote: G1 "

Didn't saints recently build a new stadium?

Bet that wasn't cheap!

a046.gif

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[quote:1pqtnbtj]Every player in our squad could probably earn more money with another club. But they prefer to sacrifice a few extra quid in their back pocket to share special memories. And playing at a place like Old Trafford on a night like this makes it all worthwhile.[/quote:1pqtnbtj] Kevin Sinfield:982.jpg



Quote: daveyz999 "Didn't saints recently build a new stadium?

Bet that wasn't cheap!

What do you mean by "recently"?

Losses of £450k in 2008.

McManus has presided over a club that has consistently shown growing losses. These are published facts.

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Pollsters doing Excellent job - say recent polls.:



Quote: G1 "What do you mean by "recently"?

Losses of £450k in 2008.

McManus has presided over a club that has consistently shown growing losses. These are published facts.'"


One would assume that his hopes are squarely pinned on the new stadium reversing those losses... a bit like Salford icon_wink.gif

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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



Quote: Ferocious Aardvark "Seems to me that pretty much everyone knows, except you.'"


So put it down in simple black and white on here then

Away you go

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We can be bold enough to make a stand and do battle for our views and beliefs. But we must strive to be mature enough not to resort to unnecessary personal attacks upon people with opposing views.:d7dc4b20b2c2dd7b76ac6eac29d5604e_47035.gif



Quote: Starbug "So the point being made is that for the Bulls to operate at Odsal with a competitive team [ top 4 and winning silver regularily ] you need a sugar daddy , so in simple terms if none of the bids include that type of investement , the RFL arent going to keep you in SL , so it is irrelivant how many fair weather fans you have , it still wont work'"



I think this assumes status quo too much. Yes the Bulls where loss making under the last regime. But we have no idea on the costs and what is a fixed cost and what is a cost that can be changed or stopped.

Whilst profit and loss is not just governed by the revenue side of the equation. Unless you know the costs too, then it's impossible to say whether those costs would transfer on mass to the new owners.

You can say with some certainty that some of the costs will no longer be incurred.

The Bulls did have an overdraft which they had to pay back, so there will no longer be interest and charges as that overdraft is gone. There may have been other loans, such as directors loans with interest to pay back, these may also be gone, there could have been accumulated interest on unpaid bills, to other business' or lines of credit etc.

Put simply unless you can see the books it's impossible to tell whether Bulls RLFC can opperate without a sugar daddy or how much that input would need to be. A sugar daddy may want to put in thousands for their love of the club, but millions may not be feasable.

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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



Quote: bewareshadows "I think this assumes status quo too much. Yes the Bulls where loss making under the last regime. But we have no idea on the costs and what is a fixed cost and what is a cost that can be changed or stopped.

Whilst profit and loss is not just governed by the revenue side of the equation. Unless you know the costs too, then it's impossible to say whether those costs would transfer on mass to the new owners.

You can say with some certainty that some of the costs will no longer be incurred.

The Bulls did have an overdraft which they had to pay back, so there will no longer be interest and charges as that overdraft is gone. There may have been other loans, such as directors loans with interest to pay back, these may also be gone, there could have been accumulated interest on unpaid bills, to other business' or lines of credit etc.

Put simply unless you can see the books it's impossible to tell whether Bulls RLFC can opperate without a sugar daddy or how much that input would need to be. A sugar daddy may want to put in thousands for their love of the club, but millions may not be feasable.'"


Thats a fair enough description , It is always just a bit worrying when a new to RL/Sport investor is being touted as a new owner , no matter what your backround , or how good a supposed businessman you are , nothing can prepare you to run what is 90% of the time a loss making black hole , so as long as the new owners fully understand what is expected of them , then fine

The reality of the situation is that in almost all cases , the on field success of the club cannot finance the running of the club , and any new owners must be prepared to put cash in , and quite probably more than they are estimating right now

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Quote: jonte "Agree totally Adey, we cannot see that if the Bulls are relegated out of SL that it will be anything other than, as you say, oblivion!

It takes too long to begin the re birth of anything like the club we have at this moment. Without a substantial sponsor we will not be in the position to re-build anyway.'"

I've never agreed with the 'oblivion' bit, to be honest.

The [ibottom[/i line isn't (and never was) that we start next season with [ianything[/i "like the club we have at the moment", but that the club dies, as 1963, and comes back from "not owning so much as a bootlace" to having a team on the bottom rung of the RL ladder. Retaining an SL licence, along with the finance and management to run a club in that division is certainly a line, bit it's far from the [ibottom[/i line.

Like '63, it would need fans and local businesses to coalesce around a symbol, just as they did around Trevor Foster and Joe Phillips to form a new team for 1964. Yes, things have changed and it certainly isn't 1963/4 but where there is the will, the way can be found and with the support base around this club the money for a new start at that level is more than possible.

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Quote: G1 "


The big £2.4 million loss in 2011 was due to playing at Widnes all year. The club was helped by the fact that it was expected and so it was budgeted for. But there is no doubt that running a club at Knowsley Road was tough because of the poor facilities. We just couldn't get the revenue streams that we have now.

McManus is someone who should be listened to. We were on the verge of administration when he came in. We now have shareholder funds of over £20 million as a result of taking ownership of Langtree Park. He has also put together a strong board of directors including Mike Coleman (some hedge fund manager in Singapore) who put about £6 million into the club to finance the final instalment and fit out cost of the stadium. The financial performance in 2013 should be a lot better.

As a saints fan, I hope you do come through it and I look forward to visiting Odsal next season.

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