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J20
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Quote: DETROITSOUL "

Present from the Trust in Widnes board boys!

Quote: DETROITSOUL "
St Helens have just published their accounts for the year ending 31/10/2008

They lost £ 449,288

The previous year they lost £400,348

The accumulated losses stand at £3,984,540.

The losses are covered by their assets - primarily its stadium - of £8,298,037


'"


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Quote: J20 "Present from the Trust in Widnes board boys!'"


Not gettin to Wembley is a major blow, not getting to the Grand Final would be a big big problem for Saints.

J20
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Quote: Twitch "Not gettin to Wembley is a major blow, not getting to the Grand Final would be a big big problem for Saints.'"


Isn't it widely notified in RL circles that if it wasn't for Wakey getting into CC semi final they'd of gone under the other year?

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you cant put anything negative ANYWHERE about SL especially Celtic or else posters will jump all over you, dont you know its all fine and dandy.

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No surprise to me that St Helens are so much in debt ,when we were in Super League I was chating to one of the Saints directors and at the end of the season the Directors had cobbled together and paid off the shortfall of over £400,000.When I bumped into him again less than a third into the season they were very nearly up to that figure again.My point is how on earth are the likes of our club going to hack Soooper Dooper when a club like Saints need bolstering by that much?

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Its easy they will just blame the Championship clubs and hawk a levy on our gates to pay the SL clubs debts off, its all fine and dandy up there you know.

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Quote: J20 "Isn't it widely notified in RL circles that if it wasn't for Wakey getting into CC semi final they'd of gone under the other year?'"


I doubt a CC semi makes you enough money to keep you afloat if you are struggling that badly.

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Quote: Tipster Ste "I doubt a CC semi makes you enough money to keep you afloat if you are struggling that badly.'"


Depends how works out, a few k there extra merchandise, backed up by home game etc etc.

May have been 'cup run'!

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Not really almost all SL clubs are carrying huge [ relatively ] debts either on their grounds if they own them or in directors loan accounts if they dont

It's all a house of cards with the RFL desperatley trying to bring in more SKy money to keep it upright

They have made a huge c... up with Celtic , the 5h1t will hit the fan on this one sooner or later , there are a few people who know the truth , one wrong move and a ' whistleblower ' will appear icon_wink.gif

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Quote: Starbug "Not really almost all SL clubs are carrying huge [ relatively ] debts either on their grounds if they own them or in directors loan accounts if they dont

It's all a house of cards with the RFL desperatley trying to bring in more SKy money to keep it upright.'"


Almost all Premiership football clubs are carrying huge debts too, but you can hardly say that's a house of cards?!

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Quote: Fatboys Limb "Almost all Premiership football clubs are carrying huge debts too, but you can hardly say that's a house of cards?!'"

It would be if the Banks recalled their loans/overdrafts....... icon_surprised.gifops: icon_surprised.gifops:

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Quote: Fatboys Limb "Almost all Premiership football clubs are carrying huge debts too, but you can hardly say that's a house of cards?!'"

But they have the income streams to back it up, should the banks call in the debts.

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Quote: Leyther_Matt "But they have the income streams to back it up, should the banks call in the debts.'"


Indeed, that's the difference. There may be a 'house of cards' in RL due to lack of turnover/revenue, but not amount of debt.

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RBS while it is partly owned by us tax payers should call in the debt of Liverpool instead of giving them extentions on their loans. icon_wink.gif

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Quote: Leeeigh Leeeigh "RBS while it is partly owned by us tax payers should call in the debt of Liverpool instead of giving them extentions on their loans.

As much as I hate the bindippers, it would be a shame to see them go down. who else would we have to laugh at year afterb year as they fail miserably. icon_lol.gif

55 posts in 5 pages 
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Subscribe | Moderators: Admin, Dick Jones , jonny the leyther , mish
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Subscribe | Moderators: Admin, Dick Jones , jonny the leyther , mish



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