Quote: Septimius Severus "https[size clubs are spending more than they earn.[/size
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.'"
This, in a nutshell
