FORUMS > Leigh Leopards > Salary Cap |
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International Star | 1982 | |
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May 2011 | 14 years | |
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Nov 2024 | Oct 2024 | LINK |
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59837_1508749784.jpg Irony is represented below.
[quote="JEAN CAPDOUZE":162hm7sy]He is not telling the truth. He is talking paranoid rubbish.[/quote:162hm7sy]:d7dc4b20b2c2dd7b76ac6eac29d5604e_59837.jpg |
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| 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
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First Team Player | 610 | |
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Nov 2020 | 4 years | |
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Nov 2024 | Nov 2024 | LINK |
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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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First Team Player | 610 | |
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Nov 2020 | 4 years | |
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Club Captain | 341 | |
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Jul 2018 | 6 years | |
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| Quote: Septimius Severus "https
Really?! dont hesitate call your broker £100k worth be nice starter
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Club Captain | 3378 | |
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Jul 2015 | 9 years | |
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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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First Team Player | 610 | |
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Nov 2020 | 4 years | |
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| Extract from Total Rugby League, "Sporting Club Leigh Limited showed a significant improvement in its balance sheet from a year earlier, with a negative profit and loss account of £1,378,842 turned into a positive total of £786,307, which represents an improvement to the tune of £2,165,149.
The accounts reveal that Leopards owner Derek Beaumont’s company AB Sundecks Limited supplied sponsorship income to the tune of £1,325,000, compared to zero the previous year. At the balance sheet date the club owed £207,529 to AB Sundecks, compared to £743,835 a year earlier."
This is the accountancy shuffle Derek alluded to. Should bring in considerable number of extra points on the IMG scale
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