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Quote: The_Wolfman "Easy, cause we are payin King and Monas £300k a year icon_rolleyes.gif and that wasn't my point they are struggling finacially

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Didn't William Webb Ellis pick up the ball and run, someone should really tell Rugby Union. www.squadbuilder.co.uk:1883.jpg



Quote: the original stevo "you're well out with your figures there you reackon the rest of our squad of 22 players share a million
They posted a £10k loss, for the last year. Doesn't read like they are struggling financially.

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Quote: getdownmonkeyman "They posted a £10k loss, for the last year. Doesn't read like they are struggling financially.'"
a loss is a loss and to add a player on that kind of money when you are workin on a loss doesn't make sense

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Quote: the original stevo "a loss is a loss and to add a player on that kind of money when you are workin on a loss doesn't make sense'"


In RL terms that is as good as it gets. As for the theoretical salary, you don't really believe that figure, do you?

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Quote: getdownmonkeyman "In RL terms that is as good as it gets. As for the theoretical salary, you don't really believe that figure, do you?'"
it won't be far off the mark he was trying to get an improved offer at manly but to no avail i suspect that is the reason he has come over yet another end of his career over paid aussie cashing in

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SAINTS THE ORIGINAL AND PERENNIAL CHEATS For sale full Saints kit (circa 1989). Shirts in pristine condition, but shorts badly soiled. For 27 - 0 you get a trophy For 75 - 0 you get sod all. Wigan had eight in a row Saints have five in a row:d7dc4b20b2c2dd7b76ac6eac29d5604e_3076.jpg



Quote: the original stevo "a loss is a loss and to add a player on that kind of money when you are workin on a loss doesn't make sense'"


And according to this Wire lost £212,000
rlhttp://forums.rlfans.com/viewtopic.php?t

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Quote: Rogues Gallery "And according to this Wire lost £212,000
rlhttp://forums.rlfans.com/viewtopic.php?t'"

made up fact of the day.

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SAINTS THE ORIGINAL AND PERENNIAL CHEATS For sale full Saints kit (circa 1989). Shirts in pristine condition, but shorts badly soiled. For 27 - 0 you get a trophy For 75 - 0 you get sod all. Wigan had eight in a row Saints have five in a row:d7dc4b20b2c2dd7b76ac6eac29d5604e_3076.jpg



Quote: the tache is back "made up fact of the day.'"


I believe those figures are from the latest accounts registered at companies house.

If you know any different please feel free to publish.

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Quote: Rogues Gallery "I believe those figures are from the latest accounts registered at companies house.

If you know any different please feel free to publish.'"


They are wrong, quite significantly so.

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Quote: Rogues Gallery "I believe those figures are from the latest accounts registered at companies house.

If you know any different please feel free to publish.'"


Spend a quid you tight get and find out the truth.

Oi! Oi! Oi!

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Quote: the original stevo "you're well out with your figures there you reackon the rest of our squad of 22 players share a million
I was being ironic when you consider the amount of abuse we have received in terms of our supposed salary payments.

In truth though, those figures will probably be on the ball due to tax exemptions, free housing, food, car etc They'll be plenty of legitimate ways to increse the real term value of a players contract.

mat
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Quote: getdownmonkeyman "They posted a £10k loss, for the last year. Doesn't read like they are struggling financially.'"


a 10k loss is pretty insignificant compared to some clubs tbh

Quote: getdownmonkeyman "Hull FC PROFIT £185,000

Bradford - Loss £17,000
Warrington - Loss £212,000
Cas - Loss £369,000
Saints - Loss £449,000
Rovers (2007) Loss £478,000
Wigan - Loss £592,000 (although debt they owed being written off of £1,175,000 gave them a net profit of £444,000)
Salford - Loss £832,000 (underwritten by Wilkinson)
Huddersfield - Loss £1,377,000 (underwritten by Ken Davy)
Harlequins - Loss £1,819,000 (underwritten by Lenegan and D Hughes)'"


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Quote: The_Wolfman "I was being ironic when you consider the amount of abuse we have received in terms of our supposed salary payments.

In truth though, those figures will probably be on the ball due to tax exemptions, free housing, food, car etc They'll be plenty of legitimate ways to increse the real term value of a players contract.'"


Except:

1. All those items (bar the first) are taxable as benefits in kind.
2. All those items are specifically caught by the salary cap - see the RFL Operational Rules.

if you really want to increase the value, you have to resort to things like (excessive payments for) image rights and through a (usually offshore) personal service company, (questionable) payments to Employee Benefit trusts, (Legitimate) Pension payments, an "unconnected" third party mysteriously paying a load to the player for his image rights or services and that player mysteriously and coincidentally agreeing to play for a much lower salary (legit if genuine...if...) or the brown paper bag (illegal).

Obvioulsy, no responsible club would want to resort to the more questionable items on that list.

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Warrington Wolves and Woolston Rovers - The PERFECT combination //www.warringtonwolves.com //www.woolstonroversrlfc.co.uk //www.liverpoolfc.tv:d7dc4b20b2c2dd7b76ac6eac29d5604e_20056.jpg



Quote: the original stevo "if the figures are right how can bradford afford to pay one player 280k a year
Solomona was on £350k per year and we have took his wages off their cap plus Deacon leaving means they could probably afford £500k per annum!!!!!!! icon_wink.gif icon_wink.gif icon_wink.gif

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