FORUMS > Wigan Warriors > Another loss making year |
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60422_1310296726.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_60422.jpg |
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https://beta.companieshouse.gov.uk/comp ... ng-history
Under the filing history header you will see the accounts for year ended 30 Nov 2017, click and download.
As you will see in the last 2 years Wigan has lost over £1m and IL continues to prop the club up, without him where would we be? - Turnover is up but "like for like" wages have increased by £240k (page 2) cash is down by £500k (p11). The lease note (p21) interests me because it appears the annual lease of £17k and is up for renewal this year and although note 22 (p22) does detail the fact that the club has access to a 25 year period. IL is not committing to the full term. This is understandable, but he's not committed to 5 years & I don't want to jump to conclusions, but if he did include a 5 year lease agreement the balance sheet would be even weaker.
Finally, why do these accounts get filed on the last day, is it another delaying tactic of bad news? It does follow is normal pattern...
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https://beta.companieshouse.gov.uk/comp ... ng-history
Under the filing history header you will see the accounts for year ended 30 Nov 2017, click and download.
As you will see in the last 2 years Wigan has lost over £1m and IL continues to prop the club up, without him where would we be? - Turnover is up but "like for like" wages have increased by £240k (page 2) cash is down by £500k (p11). The lease note (p21) interests me because it appears the annual lease of £17k and is up for renewal this year and although note 22 (p22) does detail the fact that the club has access to a 25 year period. IL is not committing to the full term. This is understandable, but he's not committed to 5 years & I don't want to jump to conclusions, but if he did include a 5 year lease agreement the balance sheet would be even weaker.
Finally, why do these accounts get filed on the last day, is it another delaying tactic of bad news? It does follow is normal pattern...
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51052_1304440802.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_51052.jpg |
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| share the LSV get it full
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3076_1671446335.jpg 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 |
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Quote: Pieman "share the LSV get it full'"
The stadium only cost £307K (p16) to rent. Wigan council probably charge Leigh more than that.
For those of you who think that owning your own stadium is the be all and end all Saints lost around £1.4 million.
https://beta.companieshouse.gov.uk/comp ... ng-history
The truth is that the game is in a perilous state at present and needs better financing.
However Cas bucked the trend and made over £600K profit.
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Quote: Pieman "share the LSV get it full'"
The stadium only cost £307K (p16) to rent. Wigan council probably charge Leigh more than that.
For those of you who think that owning your own stadium is the be all and end all Saints lost around £1.4 million.
https://beta.companieshouse.gov.uk/comp ... ng-history
The truth is that the game is in a perilous state at present and needs better financing.
However Cas bucked the trend and made over £600K profit.
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International Board Member | 32357 | |
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3076_1671446335.jpg 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 |
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| Quote: Mash Butty "https
The lease referred to could be to do with the Central Park facility rather than the stadium. In the opening address it refers to moving to Robin Park and £3.5 million investment?
I believe work will start on Robin Park in November.
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23338.gif Wellens 3/10 Like public transport. Late, slow and stunk
FIOS:23338.gif |
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| having a ground is an albatross around your neck unless you can get it earning more than just SL home games, ie pop concerts, ground share with a footy team etc.
68 playing and coaching staff - up 6 on PY !!!
we all know the size of the squad, seems a lot of backroom boys??!!
everyone files on the last day....
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[quote="Frank Zappa":1sacjrvf]Some scientists claim that hydrogen, because it is so plentiful, is the basic building block of the universe. I dispute that. I say there is more stupidity than hydrogen, and that is the basic building block of the universe.[/quote:1sacjrvf]
[quote="The_Enforcer":1sacjrvf]Most idiotic post ever goes to Grimmy..... The way to restart should be an arm wrestle between a designated player from each side.[/quote:1sacjrvf]: |
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| Quote: nikos "having a ground is an albatross around your neck unless you can get it earning more than just SL home games, ie pop concerts, ground share with a footy team etc.
68 playing and coaching staff - up 6 on PY !!!
we all know the size of the squad, seems a lot of backroom boys??!!
everyone files on the last day....'"
Do the academy lads count under that? If so, I count 68 players without coaching staff. If they don't count, then 27 coaching staff seems like a lot for 41 players.
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Rank | Posts | Team |
International Board Member | 32357 | |
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3076_1671446335.jpg 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 |
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| Quote: Grimmy "Do the academy lads count under that? If so, I count 68 players without coaching staff. If they don't count, then 27 coaching staff seems like a lot for 41 players.'"
Yes it includes academy, not sure about scholarship though.
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International Board Member | 32357 | |
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3076_1671446335.jpg 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 |
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| From their accounts Saints are shown to have 73 playing and coaching staff.
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60422_1310296726.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_60422.jpg |
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Club Coach | 7439 | No Team Selected |
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| Quote: Rogues Gallery "The lease referred to could be to do with the Central Park facility rather than the stadium. In the opening address it refers to moving to Robin Park and £3.5 million investment?
I believe work will start on Robin Park in November.'"
What’s the plan moving forward with Robin Park?
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Club Coach | 7439 | No Team Selected |
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| Quote: nikos "having a ground is an albatross around your neck unless you can get it earning more than just SL home games, ie pop concerts, ground share with a footy team etc.
68 playing and coaching staff - up 6 on PY !!!
we all know the size of the squad, seems a lot of backroom boys??!!
everyone files on the last day....'"
I do want us to have our own ground but I can’t disagree with what you’ve said there.
New Zealand Warriors have averaged 17k this year and next year have halved their season ticket costs to get a full house every game. I don’t know how much season tickets cost at Wigan and I can guess they’ll be fairly good value for money, but could we look at reducing the cost? I accept it’s a gamble but one that may pay off long term.
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| Quote: 100% Warrior "I do want us to have our own ground but I can’t disagree with what you’ve said there.
New Zealand Warriors have averaged 17k this year and next year have halved their season ticket costs to get a full house every game. I don’t know how much season tickets cost at Wigan and I can guess they’ll be fairly good value for money, but could we look at reducing the cost? I accept it’s a gamble but one that may pay off long term.'"
That business model bankrupt Bradford.
New Zealand Warriors (and all NRL clubs) get $12.5 million from the NRL.
Super League clubs get £1.8 million.
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[b:3w2ur1db]Superleague Titles[/b:3w2ur1db]
Warrington Wolfs - 0
Wakefield Trinity - 0
Leigh Centurions - 0
[quote="Budgiezilla":3w2ur1db]Surely it can only be a player from Catalans. Probably the best RL side I have ever witnessed in this season's comp.[/quote:3w2ur1db]: |
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| Quote: Mash Butty "https
Having a negotiated 5 or 3000 year lease has zero effect on the balance sheet so don’t worry. You don’t have to provide for it, it’s just a note in the accounts.
Regards
King James
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| Quote: Sir Kevin Sinfield "That business model bankrupt Bradford.
New Zealand Warriors (and all NRL clubs) get $12.5 million from the NRL.
Super League clubs get £1.8 million.'"
Fair point.
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51052_1304440802.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_51052.jpg |
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| our attendances are down 18% on last season and no wembley final its looking worse for this year
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