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FORUMS > The Virtual Terrace > Dr Koukash to join Leigh Centurions
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Quote: orangeman "Looks like they average about 6,200 a season....that's about 25% down on where they were before they moved in. They made an offer in April, probably based on the success they've seen wasps have in coventry where they're 10,000 better off per game + other revenue streams.
Marwan with his gazzilllions could do worse than buy the stadium for Leigh....'"


Last estimate of his wealth I have seen was £50 Million in 2018 via hotel ownership......
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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.... 5.35986328125:5
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