FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!
  
FORUMS > The Virtual Terrace > Super League clubs only £68.5 million in debt : a BBC investigation finds
130 posts in 10 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
RankPostsTeam
International Star5123
JoinedServiceReputation
Jul 201113 years
OnlineLast PostLast Page
Sep 2024Apr 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
60524_1510403940.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_60524.jpg



Cas Tigers are about 2.5 million in debt owned mainly to directors and mostly Jack Fulton the chief benefactor. This does'nt include 2012's accounts (which I'm expecting to be bad). If 3 clubs are well in the black presumably Wigan, Leeds and Warrington this leaves the other 11 with debt's averaging 6.2 million each. This cannot be right can it ?

Him
RankPostsTeam
International Board Member14970No
Team
Selected
JoinedServiceReputation
Jun 200222 years
OnlineLast PostLast Page
Nov 2021Nov 2021LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
2244_1299706258.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_2244.jpg



Quote: Saint Simon "Is 3 million per club really that bad? (quoted in the article) but even if you straight average it, its just shy of 5 million each.
any club bringing in 10000 average gate should really have over that in income every year anyway, so its more than servicable for most, but some of the clubs with smaller incomes will struggle.'"

And that's the problem. At a quick guess I'd say there's prob only Leeds, Wigan, Hull FC, Wire and Saints who get a 10,000 average. Plus it's the extras the really knock the income up. The corporates, the hospitality, the club sponsors, the merchandising and the non-matchday income. Which is something that a lot of clubs are appalling at bringing in.

RankPostsTeam
International Star5123
JoinedServiceReputation
Jul 201113 years
OnlineLast PostLast Page
Sep 2024Apr 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
60524_1510403940.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_60524.jpg



Quote: J O N N Y "Have clubs taken on extra long term debt in order to build/improve stadia?'"


most definately - a good example been Wakefield. Losses of 1.2 million for 2011 due mainly to ground improvements.

RankPostsTeam
Player Coach1100No
Team
Selected
JoinedServiceReputation
Mar 200619 years
OnlineLast PostLast Page
Apr 2016Apr 2016LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
fonds noir/Wheezy.gif
:fonds noir/Wheezy.gif



Quote: Tigerade "most definately - a good example been Wakefield. Losses of 1.2 million for 2011 due mainly to ground improvements.'"


So not exactly the height of reckless spending then?

RankPostsTeam
Club Owner14082No
Team
Selected
JoinedServiceReputation
Apr 200421 years
OnlineLast PostLast Page
Feb 2017Feb 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
9857_1341488583.jpg
WEST COAST PIRATES NRL expansion? Sometime soon, maybe......:d7dc4b20b2c2dd7b76ac6eac29d5604e_9857.jpg



Issues I have with article is show us the details, show is how it compares to other sorts for fair comparison of the reality of prof sport and tell us which clubs are at risk due to their debts. But then easier to kick the game, add to the public perception of a failing code and sensationalise the real issues with words like abyss.

RankPostsTeam
International Star5123
JoinedServiceReputation
Jul 201113 years
OnlineLast PostLast Page
Sep 2024Apr 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
60524_1510403940.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_60524.jpg



Quote: J O N N Y "So not exactly the height of reckless spending then?'"


No - nothing reckless. The improvements had to be made to satisfy the RFL and the licence.

RankPostsTeam
Player Coach9426
JoinedServiceReputation
Jan 200916 years
OnlineLast PostLast Page
Oct 2017Oct 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
42169_1366443727.jpg
Chorlton RL wrote- "Jonny, for me you hold the mantle of most sensible poster on the VT" ............................................................................................................................................... Yed wrote: "He's like a Kevin Penny on steroids except he's good too" ............................................................................................................................................... "What? What have I said now?" - Starbug 2013 ...............................................................................................................................................:d7dc4b20b2c2dd7b76ac6eac29d5604e_42169.jpg



Quote: Him "And that's the problem. At a quick guess I'd say there's prob only Leeds, Wigan, Hull FC, Wire and Saints who get a 10,000 average. Plus it's the extras the really knock the income up. The corporates, the hospitality, the club sponsors, the merchandising and the non-matchday income. Which is something that a lot of clubs are appalling at bringing in.'"


And Bradford, plus Cats are only a few hundred off.

RankPostsTeam
International Chairman0
JoinedServiceReputation
Dec 200123 years
OnlineLast PostLast Page
Oct 2012Jan 1970LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
6_1349433453.gif
[b:n88fp6ad][size=100:n88fp6ad]RLFANS.COM news items are posted in forums where it is thought that they will be of interest to the readership, all comments made below will also be available for viewing through the front page.[/size:n88fp6ad][/b:n88fp6ad]:d7dc4b20b2c2dd7b76ac6eac29d5604e_6.gif





Super League clubs are facing combined debts of £68.5m, a BBC Inside Out investigation alleges.

Compared to the combined debt in Football of £2.4 BILLION, and with annual losses of £130m in the Football championships, £68.5 million is a drop in the ocean.



READ MORE ON THIS STORY....


Super League clubs are facing combined debts of £68.5m, a BBC Inside Out investigation alleges.

Compared to the combined debt in Football of £2.4 BILLION, and with annual losses of £130m in the Football championships, £68.5 million is a drop in the ocean.



READ MORE ON THIS STORY....


j.c
RankPostsTeam
Player Coach6858
JoinedServiceReputation
Oct 200915 years
OnlineLast PostLast Page
Sep 2019Nov 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

22/03/2013 Get LEIGH outta wigan:



Which two sl clubs are charitable trusts ?

RankPostsTeam
Player Coach11757No
Team
Selected
JoinedServiceReputation
Jul 200717 years
OnlineLast PostLast Page
Sep 2024Apr 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
34476.jpg
//peakwalking.blogspot.co.uk/:34476.jpg



rlOne journalist thinks that the media is once again having a 'love in' with rugby unionrl.

Quote: bag "Clubs in other sports regularly miss payments, re-form and enter administration, yet appear to have missed the wrath of a BBC documentary to date.'"


rlLooks like he's forgot this BBC documentary which was favorable towards rugby league and not favorable towards footballrl. This documentary 'Lord Sugar Tackles Football' lasts an hour and was broadcast nationally. Meanwhile 'Inside Out' is on for half an hour and has squashed in one other topic along side our beloved rugby league.

Quote: bag "So what better time to "bag" rugby league? Ahead of the new Super League season, and as a nice reminder to the Great British public that union is king.'"


Does the great British public only exist in the Yorkshire, Lincolnshire and the north west regions?

Wonderful [islight consultation[/i eh?

Quote: bag "All we're asking for is a fair crack of the whip'"


Rugby League does get a very fair crack of the whip. This is very bad journalism from you!

RankPostsTeam
International Board Member1707No
Team
Selected
JoinedServiceReputation
May 200322 years
OnlineLast PostLast Page
Aug 2016Aug 2016LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
icons077e_files/5452-3678dentheman-msnicons.jpg
"Be you ever so high, the law is above you" "No one has ever made himself great by showing how small someone else is". - Irvin Himmel Tony, Blacklock, Yeaman, Whiting, Raynor, R. Horne, Brough, Dowes, Swain, Carvell, McMenemy, Kearney, Cooke. Replacements: Thackray, King, Chester, Saxton.:icons077e_files/5452-3678dentheman-msnicons.jpg



In all honesty in the cold light of day other than RL fans (who on the whole love to knock the sport and not build it up) who the hell will take the slightest bit of interest in this programme? It might be a tool for the Beeb to use in their next round of TV rights negotiations, but cant see many others being bothered.

Potential sponsors if they are affected will I am sure do their due dilligence and make their minds up accordingly.

I suspect that the levels of debts are affected by the sugar daddies at each club. Hull for example have made losses since the Heatheringtons departed the scene, but this will be written off over the long term. London are supported by a rich benefactor, who admittedly could walk away at a moments notice and leave them high and dry. Its a problem most sports clubs of any level have, yet it is one that always seems to be resolved.
Wire are used as an example, but lets face it that could be considered to be a house of cards as well. If Moran goes (no sign of that happening I know) who will take the club on.

Lets all start building the game up and stop knocking it for the sake of knocking it. The RFL are announcing new partners at the moment and have a World Cup which should bring in some good publicity. (Though I fear another cock up there with the venues chosen for games) But thats for then not now in the build up to the start of a new season.

RankPostsTeam
International Star1002No
Team
Selected
JoinedServiceReputation
Apr 201213 years
OnlineLast PostLast Page
Jun 2015Feb 2015LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Game should grow a thicker skin. Fed up of people who see concerns or criticism as "running the game down". Call it that if you like, but if a player wasn't performing and got shouted at by his coach we wouldn't be happy if his response was to say "stop running me down, talk me up!".

The sport is massively underperforming, it's administrators are a bunch of clowns and the more people make this point the better as far as I'm concerned. Great sport, let down by incompetent leaders.

RankPostsTeam
Player Coach1554No
Team
Selected
JoinedServiceReputation
Oct 200816 years
OnlineLast PostLast Page
Oct 2022Sep 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
41106.jpg
You come at the king - You better not miss. It ain't what you takin', it's who you takin' from, ya feel me? How you expect to run with the wolves come night when you spend all day sparring with the puppies?:41106.jpg



Without the beeb providing any detail on the breakdown the headline figure strikes me as somewhat tabloid journalism... The total figure feels wrong (almost 5m per club) so has surely been inflated by long term sustainable development debts such as those from building new stadiums. Also the total number includes at least a 20% fudge factor since it is based on the accounts of only 11 clubs.

I'd be interested to hear how they have justified the headline if anyone watches it (am down south and probably won't be bothered to be sucked in by their headline and seek it out on the iplayer)

NtW
RankPostsTeam
International Star530
JoinedServiceReputation
Sep 201212 years
OnlineLast PostLast Page
Apr 2021Feb 2020LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
68425_1492931555.jpg
[url:17krqm04]http://www.warringtonrugbyheritage.com[/url:17krqm04] Dedicated to preserving the history of rugby league in Warrington:d7dc4b20b2c2dd7b76ac6eac29d5604e_68425.jpg



I've already posted in the Wire forum as to why I think this is shoddy journalism.

However, I have a burning question that I hope someone can answer: two clubs apparently have significant debts, that mean that the others (nine clubs) have an average of £3m debt each. So nine clubs have £27m between them, meaning the other two have £41m?!?! Who are these clubs, are how are they structured to allow them to carry so much debt without folding??

RankPostsTeam
International Star17980
JoinedServiceReputation
Apr 201114 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
simpsons/simp006.gif
:simpsons/simp006.gif



Its just a cheap shot at RL, timed to impact on the start of the season.
As mentioned by another poster, you wont "rugger" mentioned in a bad light, not ever.
Is it the old school tie that prevents them getting a bad press or, the threat of the 6 nations being moved from the Beeb.

130 posts in 10 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
130 posts in 10 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, Durham Giant , TimperleySaint



All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.

Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.

RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.

Copyright 1999 - 2024 RLFANS.COM

You must be 18+ to gamble, for more information and for help with gambling issues see https://www.begambleaware.org/.



Please Support RLFANS.COM


5.5341796875:5
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
1m
DoR - New Coach - Investor & Adam - New signings
Mild Rover
4022
2m
Its all gone a bit quiet
the-bearded-
20
20m
2025 KIT Thread
CM Punk
4
29m
New Players
jbuzza
139
36m
Accounts
Ckt2487
134
Recent
How many games will we win
Kirmudgeonly
8
Recent
Game - Song Titles
Boss Hog
40737
Recent
BORED The Band Name Game
Boss Hog
63226
Recent
Film game
Boss Hog
5644
Recent
2024
imwakefieldt
6
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
1m
Dan Norman Retires
Cokey
1
1m
Wigan v Wire in Vegas
karetaker
11
1m
Planning for next season
Leyther in n
178
1m
New Players
jbuzza
139
1m
2025 Recruitment
dddooommm
199
2m
Noah Booth out on loan
Trin e ti
21
2m
Rumours thread
Scarlet Pimp
2515
2m
Salford
TF and the w
13
2m
Transfer Talk V5
The Biffs Ba
503
3m
Leeds away first up
Butcher
41
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
2024
imwakefieldt
6
TODAY
Dan Norman Retires
Cokey
1
TODAY
How many games will we win
Kirmudgeonly
8
TODAY
Leigh Leopards - 2025 Fixtures
ColD
2
TODAY
Catalan Away
Dannyboywt1
6
TODAY
2025 Betfred Super League Fixtures
RLFANS News
1
TODAY
2025 fixtures
Smiffy27
15
TODAY
Fixtures
Willzay
13
TODAY
Salford
TF and the w
13
TODAY
WCC Off
Choc Ice
11
TODAY
Leeds away first up
Butcher
41
TODAY
Jake McLoughlin
Wanderer
1
TODAY
Assistant Coach - Langley
exiledrhino
30
TODAY
Noah Booth out on loan
Trin e ti
21
TODAY
Luke Gale testimonial match
BarnsleyGull
2
TODAY
England 5 - 0 Ireland
Sadfish
1
TODAY
Magic Weekend 2025 - Back To Newcastle
RLFANS News
1
NEWS ITEMS
VIEWS
2025 Betfred Super League Fixt..
549
Magic Weekend 2025 - Back To N..
537
England Beat Samoa To Take Tes..
1279
England's Women Demolish The W..
1107
England Beat Samoa Comfortably..
1349
Operational Rules Tribunal –..
1136
IMG-RFL club gradings released..
1405
Wakefield Trinity Win Champion..
1939
Hunslet Secure Promotion After..
2153
Trinity Into Play Off Final Af..
2396
Wigan Warriors Crowned Champio..
1963
York Valkyrie Win Back to Back..
2201
Hunslet Book Relegation Play O..
2666
Penrith Panthers Secure Fourth..
2098
Wigan Humiliate Leigh For Gran..
2170