Cheers.

A £5m loss on £2m turnover? Ouch.

Even men with very deep pockets get bored of throwing good money after bad eventually.

I have great confidence in the ability of Kevin "Nobby" Locke to come good, especially if the halves perform reasonably well. That will spark the Salford attack and make the team more attractive to fans.

The initial outlay to get the club out of a very deep hole along with having to upgrade the coaching/playing staff as well as dramatically increasing the quality of the facilities for the players and instigating a big push on young player development was always going to result in big losses showing on the accounts.
The new TV deal money along with some major sponsorship deals that have been brought in will undoubtedly help towards getting the books balanced in future years but that will still be a way off.The Salford fans need to start buying into the vision of Dr Koukash but i can easily see that happening given any sort of decent on field performances.Too many years of mediocrity and let downs have eroded a lot of the fan base and the stadium move certainly didnt help in retaining that base.

The biggest worry won't be losing £5m but the fact the club could only bring in £2m. That's less than Leeds make from non-matchday do's at Headingley.
Desperately need higher income.

They are, unfortunately there are no where near enough of them.

Yep. That's the number 1 problem and a lot to do with the stadium deal he inherited from previous administration. Is incredibly difficult to change

To be fair fans have been saying he'll go for two years now. I think Salford will finish top 6 next year. They have a much better, younger squad ad won't need months to gel.

Fans will come if Salford start winning.

Koukash has said many times, if he had of owned the club when we were at The Willows he would have kept us there. Presumably until we could finance our own stadium that would secure is guaranteed income on a weekly, monthly and annually basis. As it is, we're stuck where we are as tenants, receiving little but paying out a fortune.

Rich benefactor splashes cash and records big losses shocker.

TBH despite all the big spending so far, the big improvements and results on the field are yet to be fully felt.But its still early days and the Doc has the cash and has set himself a goal, losses are inevitable if he is serious about fulfilling them which on evidence so far he is.

The real acid test will be if or when the goal is achieved how things have changed regard turnover and bums on seats.we will see but i don't see him bailing on it for a while yet.

Clearly the people of Salford don't want an RL club. Only £2 million or so turnover is atrocious. Especially when 800k is sky money. Bring back franchising.

i fear for salford long term, the maths just does not add up and we have seen this sort of thing before across this sport and others (leeds utd, portsmouth, gretna, bradford bulls). its ok whilst he is pumping all the money in, but there is no solid base (turnover) to build on

Dress it up any way you want those figures are a disaster and can only leed to ruin.

When will fans realise there is no such thing as a free lunch - this years team better perform or I fear the worse.

Yep, I'm not having a go btw. I think a strong Salford is vital to the game and hopefully Koukash is in it for the long run. From what I've seen and heard it appears he is and I can't see why he'd spend so much money just to pack it in. I just hope he's investing in the right places (ie not just on the field) and has a plan for getting Salford on sustainable footing in the future.

Having said that it's only a year. It took Hetherington & Caddick years to get Leeds on a solid footing and Leeds, though in dire straits, were in much better shape than Salford were. So hopefully, to misquote Churchill, it might be the end of the beginning for Salford.

The deal for the club at the Stadium is a shocker. Turnover reflects that as no bar income, food income etc etc. Hands are tied so MK has to buy the Stadium or look elsewhere.

Peel & the Council could face having a White Elephant soon as both Salford AND Sale cannot make a profit without the additional income ownership would bring.

Sale's latest declared crowd (including many who didnt go!) was just 4,700 so they are probably losing a heck of a lot more than the Red Devils. Mind you income from RFU will go a long way to limit those losses.