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FORUMS > The Virtual Terrace > Dr Koukash to join Leigh Centurions
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Degsy and the Doc, what could possibley go wrong..... icon_rolleyes.gif icon_rolleyes.gif icon_rolleyes.gif
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Quote: nadera78 "Wasps lose millions every year and have been forced to refinance their debts a couple of times already because they were unable to make the repayments. They're not a success story at all.'"

I believe they are in debt to the tune of 50 million, with 60% to the bank and 40% to the owner. I suspect if you wanted to build a stadium of that magnitude again, you'd be spending a similar amount, so they're not panicking just yet. As for not being a success at all.....they have 17k average gates where they used to have 6k......fiscally they're owned by a very wealthy man so the debt isn't yet a problem, but they're far better off than they were at wycombe....compare their story with say Bradford and tell me which is the bigger basket case?
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Quote: Huddersfield1895 "Other Super League clubs don't appear to want to cut their academies. Most odd when you consider that championship sides London and Newcastle run academies.'"

& some want to run an Academy & have proven funds to run one at the highest level *Leigh* but are not allowed to !
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Quote: Bulls4 "I’m not sure Dr K would want to swap his millions and properties / assets for a stadium in Leigh. No offence at all to Leigh but he’s likely to make more money from his current assets than a stadium'"

Probably true, yet the stadium at LSV makes revenue from Manchester United Reserves, Manchester United Ladies, Leigh Centurions, Rugby League Internationals, Lionel Ritchie & Elton John concerts.

Meanwhile over at Odsal .......
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Quote: Ste100Centurions "Meanwhile over at Odsal .......'"

Happy memories.... 5.25341796875:5
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