FORUMS > Leigh Leopards > Salary Cap |
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First Team Player | 585 | |
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https://www.seriousaboutrl.com/st-helen ... ion-96798/
Not normally one to promote SARL but this was one of the better articles about St Helens financial plight.
For all the people who think we should scrap the salary cap, this appears to be a big warning. St Helens have dominated the Super League, along with Wigan, Leeds and Bradford. The Bulls have gone pop many times since their heyday, but it highlights that all the clubs are spending more than they earn.
According the article "That year (2022-23), loss tripled to £1,319,274, and total revenues slightly fell from around £9.25 million to close to £9.1 million."
Even Deggsy would struggle to cope with a continued loss year on year of £1.3M.
The answer for McManus is squeeze more money out of SkySports, not bring the costs down. The Salary cap is £2.1M and SkySports estimated that St Helens have spent £2.7M on players wages and have an average attendance of around 12,000 for their home games.
Derek has previously stated that scrapping the salary cap would result in more money bleeding out the game to the same Players and Agents with no benefit in terms of improved quality of players.
Everybody knows the game is on a knife edge, the governing body is making cuts due to reduced turn-over and the IMG contract is costing big bucks for no perceptible benefits to the clubs. As a side note Halifax and Whitehaven are both fighting for survival, so my message to McManus is sort your own mess out and stop asking for handouts. Live within your means.
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https://www.seriousaboutrl.com/st-helen ... ion-96798/
Not normally one to promote SARL but this was one of the better articles about St Helens financial plight.
For all the people who think we should scrap the salary cap, this appears to be a big warning. St Helens have dominated the Super League, along with Wigan, Leeds and Bradford. The Bulls have gone pop many times since their heyday, but it highlights that all the clubs are spending more than they earn.
According the article "That year (2022-23), loss tripled to £1,319,274, and total revenues slightly fell from around £9.25 million to close to £9.1 million."
Even Deggsy would struggle to cope with a continued loss year on year of £1.3M.
The answer for McManus is squeeze more money out of SkySports, not bring the costs down. The Salary cap is £2.1M and SkySports estimated that St Helens have spent £2.7M on players wages and have an average attendance of around 12,000 for their home games.
Derek has previously stated that scrapping the salary cap would result in more money bleeding out the game to the same Players and Agents with no benefit in terms of improved quality of players.
Everybody knows the game is on a knife edge, the governing body is making cuts due to reduced turn-over and the IMG contract is costing big bucks for no perceptible benefits to the clubs. As a side note Halifax and Whitehaven are both fighting for survival, so my message to McManus is sort your own mess out and stop asking for handouts. Live within your means.
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Rank | Posts | Team |
Fringe Player | 233 | |
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Aug 2021 | 3 years | |
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Sep 2024 | Sep 2024 | LINK |
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@michaelward@genserver.social on Mastodon: |
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| Quote: Septimius Severus "We know Derek owns the club, but under what vehicle does he manage the club?'"
Leopard print Lambo
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Rank | Posts | Team |
First Team Player | 585 | |
Joined | Service | Reputation |
Nov 2020 | 4 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
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78326_1605314550.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_78326.jpg |
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| Apologies, I looked at companies registered at Sale Way and came up with "Sporting Club Leigh Limited" It contains a balance sheet and no profit and loss. There are some transactions between Sporting Club Leigh and AB Sundeck, which is how Derek shuffles money between the two companies.
Without a Profit and Loss it is impossible to assess the state of the club, but compared to St Helens they are in a different league.
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Rank | Posts | Team |
First Team Player | 585 | |
Joined | Service | Reputation |
Nov 2020 | 4 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
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Milestone Years |
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Location |
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Signature |
78326_1605314550.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_78326.jpg |
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Rank | Posts | Team |
Club Captain | 335 | |
Joined | Service | Reputation |
Jul 2018 | 6 years | |
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Sep 2024 | Sep 2024 | LINK |
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| Quote: Septimius Severus "https
Really?! dont hesitate call your broker £100k worth be nice starter
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Rank | Posts | Team |
Club Captain | 3357 | |
Joined | Service | Reputation |
Jul 2015 | 9 years | |
Online | Last Post | Last Page |
Sep 2024 | Sep 2024 | LINK |
Milestone Posts |
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| Thanks for the link, Sev. Nice to see that Endole know where we really areLancashire
WN7 4JY
But their pin on the map shows us to be in London.
Can we believe anything they publish? Does Trump run it?
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