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icon_sad.gif Pretty grim reading apart from Hull KR and Bradford, Bradford have reduced their debt from about 500k to 17k in about 5 years, and Hull KR have invested heavily in vastly improving their stadium, Leeds only posted a profit because they flogged assets, bad news really if the top best supported club in RL still can't make a decent profit and still plays in a dump with exposed terracing.

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Quote: GiantJo "You said last year. That was 2009. The accounts have not been published for 2009. I may not be brilliant with numbers but I can get my years right.'"


Yes, why concede that you've lost the argument when you can just be pedantic

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Quote: Derwent "It's impossible to get figures for the Rhinos as they are owned by Leeds Cricket, Football & Athletic Company which also includes Leeds Tykes and some other enterprises. They are all wrapped up together in one set of accounts.'"

I don't think that's correct.

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Quote: Pepe "You can’t knock that. Hopefully many of those will be locals, who’ll see a great game of RL, and come back for more. What he said. Long may it continue.

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Quote: Roofaldo "Yes, why concede that you've lost the argument when you can just be pedantic'"


Grow up. There are no Giants figures for last year (09). feel free to find accuracy..pedantic icon_biggrin.gif

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I was hoping to purchase tickets at the gate, will this not be possible?

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Quote: spooneryork "

You've already proved that you know naff-all about accounting. I'd give up while you're still behind, if I was you

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i actually think north wales is a better place for RL to start, its very close to the lancashire teams, so its not a full day out, within an hour of saints/wigan/warrington/salford. This should lead to much bigger away crowds on friday and saturday nights as you can now make it after work.
Also they're squad is not as bad as people are saying, i predict them to come above Salford this year, with better crowds too!
Good luck to all at the Crusaders!

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"i predict them to come above Salford this year, with better crowds too!"

Unfortunately I think you might be right!

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The whole issue of profitable clubs is by the by. The RFL wouldnt support a loss making team as they have no ambition to carry a plan through. Melbourne are the best team in Oz, and are still predicted to make a loss for at least the next 5 years, but they WILL become profitable. The fact is that the NRL and newscorp are prepared to persevere with something.

Also, it actually makes more sense for clubs to run at an operational loss, it stops a lot of the tax implications. it also helps with sponsorship believe it or not, as does the setting up of youth systems as charities, its all for tax reasons.

I hope the crusdares can manage to stay around long enough to be a competitive force, and im at the stage where im a bit tired of reading how much of a "joke" they are, its happened, lets get on with the season.

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Quote: salfordLee ""i predict them to come above Salford this year, with better crowds too!"

Unfortunately I think you might be right!'"


Cheer up salfordLee - your first post and you have already adopted a pessimistic attitude to a season that's not yet started.

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Quote: John Charnock "Cheer up salfordLee - your first post and you have already adopted a pessimistic attitude to a season that's not yet started.'"

just a realistic salford fan methinks!

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I'm sure I read not so long ago that Leeds turnover is getting on towards £10M. Given the salary cap is only £1.65M where is the rest of Leeds money going for them to make an annual loss?!

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Quote: Cecil B "I'm sure I read not so long ago that Leeds turnover is getting on towards £10M. Given the salary cap is only £1.65M where is the rest of Leeds money going for them to make an annual loss?!'"

well thats just it, their accounts have a £4million black hole, which noone seems able to explain

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Quote: Saint Simon "well thats just it, their accounts have a £4million black hole, which noone seems able to explain'"



Now if only people's bank accounts were open to scrutiny eusa_whistle.gif eusa_whistle.gif eusa_whistle.gif icon_wink.gif icon_lol.gif icon_lol.gif

255 posts in 18 pages 
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Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
255 posts in 18 pages 
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Subscribe | Moderators: Admin, Durham Giant , TimperleySaint



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