FORUMS > Wigan Warriors > Will Salford survive ?. |
|
|
Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
Joined | Service | Reputation |
Mar 2004 | 21 years | |
Online | Last Post | Last Page |
Mar 2016 | Mar 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
9005.jpg kcab sfrawdder
Luck is a combination of preparation and opportunity
Just to avoid confusion Starbug is the username of Steven Pike
SOMEBODY SAID that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!:9005.jpg |
|
| Quote: maurice "or bring in a rule that says any losses must be covered that year via share ownership and not loans.'"
But that doesnt cure the problem, it just treats the symptoms
|
|
|
|
Rank | Posts | Team |
International Board Member | 2185 | |
Joined | Service | Reputation |
Aug 2002 | 22 years | |
Online | Last Post | Last Page |
Jul 2024 | Jun 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
2572.jpg Ah, good taste!
What a dreadful thing!
Taste is the enemy of creativeness.
Pablo Picasso:2572.jpg |
|
| potentially, the RFL could ask for teams business plans to be filed prior to the season start, to show how the books are supposed to be balanced over the year.
If the RFL arent happy, then the books get returned and Club has to submit a remedial plan (eg reduce wages) before being allowed to compete
The previous years trading accounts can be used as a baseline to ensure that the figures match-up.
At the end of the season, the books could be submitted again for review by the RFL auditors, and any fundamental discrepancies could lead to a lower cap for the following season.
|
|
|
|
Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
Joined | Service | Reputation |
Mar 2004 | 21 years | |
Online | Last Post | Last Page |
Mar 2016 | Mar 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
9005.jpg kcab sfrawdder
Luck is a combination of preparation and opportunity
Just to avoid confusion Starbug is the username of Steven Pike
SOMEBODY SAID that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!:9005.jpg |
|
| Quote: ShortArse "potentially, the RFL could ask for teams business plans to be filed prior to the season start, to show how the books are supposed to be balanced over the year.
If the RFL arent happy, then the books get returned and Club has to submit a remedial plan (eg reduce wages) before being allowed to compete
The previous years trading accounts can be used as a baseline to ensure that the figures match-up.
At the end of the season, the books could be submitted again for review by the RFL auditors, and any fundamental discrepancies could lead to a lower cap for the following season.'"
Once again, it doesnt cure the problem
|
|
|
|
Rank | Posts | Team |
Player Coach | 1037 | |
Joined | Service | Reputation |
Jul 2006 | 18 years | |
Online | Last Post | Last Page |
Nov 2024 | Nov 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
Fish/PDT_Fish_34.gif :Fish/PDT_Fish_34.gif |
|
| Quote: Asgardian13 "Welcome to the 21st Century. Even the mighty Wendyball Prissy League would collapse if TV money were taken away from them. They have much higher income from sponsorship and so on, but not enough to cover their costs. We're in the same situation, just dealing in smaller sums.'"
How many wendyball Premiership clubs make a profit???? err none I presume all are in debt to the banks to a large deficit its only the money from SKY ,ESPN ,and other media stations that keep them afloat and the Banks know that the guaranteed payments from the media companies keep them afloat.
|
|
|
|
|
Rank | Posts | Team |
International Board Member | 16601 | No Team Selected |
Joined | Service | Reputation |
Aug 2002 | 22 years | |
Online | Last Post | Last Page |
Mar 2024 | Nov 2023 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
cartoons/WB181.gif :cartoons/WB181.gif |
|
| Quote: Starbug "But that doesnt cure the problem, it just treats the symptoms'"
It cures the problem, the problem isn't needing external funds its not covering expenditure. You dont improve the sport by reducing costs, even though no P&R allows this and probably explains the deteriorating product.
|
|
|
|
Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
Joined | Service | Reputation |
Mar 2004 | 21 years | |
Online | Last Post | Last Page |
Mar 2016 | Mar 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
9005.jpg kcab sfrawdder
Luck is a combination of preparation and opportunity
Just to avoid confusion Starbug is the username of Steven Pike
SOMEBODY SAID that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!:9005.jpg |
|
| Quote: maurice "It cures the problem, the problem isn't needing external funds its not covering expenditure. You dont improve the sport by reducing costs, even though no P&R allows this and probably explains the deteriorating product.'"
I am not suggesting reducing costs, I am suggesting increasing income, not donations
Spend 90 % of previous years income, any extra is spent on marketing to increase following years income, to increase spending clubs have to invest in marketing
|
|
|
|
|
Rank | Posts | Team |
International Board Member | 16601 | No Team Selected |
Joined | Service | Reputation |
Aug 2002 | 22 years | |
Online | Last Post | Last Page |
Mar 2024 | Nov 2023 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
cartoons/WB181.gif :cartoons/WB181.gif |
|
| Most income is donations, fans donate when they buy a ticket - unless I have missed some sort of sale or return offer. Business's donate via sponsorship etc - unless I have missed a guaranteed return on investment clause somewhere. Directors donate as they should never expect to see that money again etc etc
|
|
|
|
Rank | Posts | Team |
International Board Member | 1661 | No Team Selected |
Joined | Service | Reputation |
Feb 2003 | 22 years | |
Online | Last Post | Last Page |
Mar 2018 | Oct 2017 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| Quote: jaws1 "How many wendyball Premiership clubs make a profit???? err none I presume '"
With uncanny timing, a Prem football team close (or not so close take your pick) to our hearts has this morning announced a profit of £4.3 million.
|
|
|
|
|
Rank | Posts | Team |
Player Coach | 1037 | |
Joined | Service | Reputation |
Jul 2006 | 18 years | |
Online | Last Post | Last Page |
Nov 2024 | Nov 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
Fish/PDT_Fish_34.gif :Fish/PDT_Fish_34.gif |
|
| Quote: Finfin "With uncanny timing, a Prem football team close (or not so close take your pick) to our hearts has this morning announced a profit of £4.3 million.'"
rlhttps://www.guardian.co.uk/football/2012/dec/31/wigan-athletic-report-annual-net-profitrl
One swallow does not a spring as the previous years losses prove they only made a profit trimming the wages and selling players.
|
|
|
|
Rank | Posts | Team |
International Star | 1789 | No Team Selected |
Joined | Service | Reputation |
Jan 2011 | 14 years | |
Online | Last Post | Last Page |
Feb 2017 | Feb 2017 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
: |
|
| Quote: ShortArse "potentially, the RFL could ask for teams business plans to be filed prior to the season start, to show how the books are supposed to be balanced over the year.
If the RFL arent happy, then the books get returned and Club has to submit a remedial plan (eg reduce wages) before being allowed to compete
The previous years trading accounts can be used as a baseline to ensure that the figures match-up.
At the end of the season, the books could be submitted again for review by the RFL auditors, and any fundamental discrepancies could lead to a lower cap for the following season.'"
There have been very interesting developments in the ongoing talks to try and come up with new investment for the Salford Reds.
When talks between the proposed new investor Mr Marman Koukash,Peel Holdings,Salford City Council and RFL CO Mr Nigel Wood began, Mr Koukash was being advised by a Mr Andrew Chalmers who has previously served the New Zealand International board. The talks between these parties has been going on for a week,it has been announced in this evenings Manchester Evening News that Mr Koukash has enlisted the advice and help of another two high profile figures from within the NRL who have flown in to take part in the talks.
They are Mr Ed Farish the former NRL finance officer (he is now involved with the Gold Coast Titans) and the former Wigan and New Zealand coach Grahem Lowe who is an associate of Mr Chalmers.
What I find strange is that it is said that the Salford club have not been involved in these talks,but are being kept informed by Nigel Wood.
It is also said that Mr Koukash is not only interested in investing in the Club but he is talking to Peel and the Council with a view to buying the land and the Stadium.
Seems that they are playing for high stakes here.
|
|
|
|
Rank | Posts | Team |
Player Coach | 2488 | No Team Selected |
Joined | Service | Reputation |
Sep 2005 | 19 years | |
Online | Last Post | Last Page |
Aug 2014 | Aug 2014 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
17925.jpg :17925.jpg |
|
| Quote: stillinthepast "What I find strange is that it is said that the Salford club have not been involved in these talks,but are being kept informed by Nigel Wood.
'"
The club has no assets and is mired in debt so the current directors have nothing really to add to any discussion regarding the takeover (except a few issues over liability for existing debt).
The club is in debt to the council (who also own the ground with Peel Holdings as part of a joint venture) so all the talks are centred on these parties. The RFL have seemingly facilitated the deal with Koukash so they are presumably hoping to smooth any issues over.
It appears Koukash is looking to get a better deal for Salford in relation to the ludicrous terms under which we have to play at Barton and to get more access to greater revenue streams from the ground. This can only be a good thing and hopefully Peel and the council realise sharpish that he holds all the cards and sign up or otherwise the club is going under.
|
|
|
|
Rank | Posts | Team |
Moderator | 14395 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
May 2024 | May 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
26.jpg Last league derby at Central Park 5/9/1999: Wigan 28 St. Helens 20
Last league derby at Knowsley Road 2/4/2010: St. Helens 10 Wigan 18:26.jpg |
Moderator
|
| Quote: Walshovski "
It appears Koukash is looking to get a better deal for Salford in relation to the ludicrous terms under which we have to play at Barton and to get more access to greater revenue streams from the ground. This can only be a good thing and hopefully Peel and the council realise sharpish that he holds all the cards and sign up or otherwise the club is going under.'"
If that is the case good luck to him. I was very surprised when I found out they by moving to a new ground Salford were on for less revenue than from the old place. Modernising is supposed to be a good thing!
I suppose it doesn't matter if you have a favorable lease as Wigan do and have a big supporter base also as Wigan do but it just seemed nuts Salford needed to get 8000+ every game or otherwise the new ground was a millstone.
|
|
|
|
Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
Joined | Service | Reputation |
Mar 2004 | 21 years | |
Online | Last Post | Last Page |
Mar 2016 | Mar 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
9005.jpg kcab sfrawdder
Luck is a combination of preparation and opportunity
Just to avoid confusion Starbug is the username of Steven Pike
SOMEBODY SAID that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!:9005.jpg |
|
| Quote: DaveO "If that is the case good luck to him. I was very surprised when I found out they by moving to a new ground Salford were on for less revenue than from the old place. Modernising is supposed to be a good thing!
I suppose it doesn't matter if you have a favorable lease as Wigan do and have a big supporter base also as Wigan do but it just seemed nuts Salford needed to get 8000+ every game or otherwise the new ground was a millstone.'"
A popular misconception, own/run your stadium even if it is a dump still provides income, shiny new rented stadium works if you can get the numbers, kills you if you dont
|
|
|
|
Rank | Posts | Team |
Club Owner | 3525 | No Team Selected |
Joined | Service | Reputation |
Sep 2003 | 21 years | |
Online | Last Post | Last Page |
Sep 2018 | Sep 2018 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
7007.jpg [quote="Badwanger":3hoggrzp]IMO, Sculthorpe at his peak was better than Hanley was at his.[/quote:3hoggrzp]
[quote="nickmanator":3hoggrzp]billy boston in todays game might pinch a spot bringin the cone on and that bein kind[/quote:3hoggrzp]
[quote="robbierotten":3hoggrzp]Imo Sam Tomkins is a very poor mans Danny Brough he is just a average player getting bigged up by the idiots who comentate on sky.[/quote:3hoggrzp]
[quote="Deano G":3hoggrzp]Jonathan Davies, who is his equal in [Super League] today?[/quote:3hoggrzp]
[quote="Badwanger":3hoggrzp]Wellens[/quote:3hoggrzp]:7007.jpg |
|
| Quote: DaveO "If that is the case good luck to him. I was very surprised when I found out they by moving to a new ground Salford were on for less revenue than from the old place. Modernising is supposed to be a good thing!
I suppose it doesn't matter if you have a favorable lease as Wigan do and have a big supporter base also as Wigan do but it just seemed nuts Salford needed to get 8000+ every game or otherwise the new ground was a millstone.'"
Still far from convinced we have great terms on the lease.
|
|
|
|
Rank | Posts | Team |
Player Coach | 2488 | No Team Selected |
Joined | Service | Reputation |
Sep 2005 | 19 years | |
Online | Last Post | Last Page |
Aug 2014 | Aug 2014 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
17925.jpg :17925.jpg |
|
| Quote: DaveO "If that is the case good luck to him. I was very surprised when I found out they by moving to a new ground Salford were on for less revenue than from the old place. Modernising is supposed to be a good thing!
I suppose it doesn't matter if you have a favorable lease as Wigan do and have a big supporter base also as Wigan do but it just seemed nuts Salford needed to get 8000+ every game or otherwise the new ground was a millstone.'"
The sums for moving to the new ground were done on the back of an envelope with no real thought if it was realistic. When the prospect of us owning the ground went, we had no choice to move as The Willows had already been sold and Salford just carried on as if the figures still all added up.
If reports are to be believed Koukash has attempted to buy the ground from Peel/Salford council but my guess is Peel will put a block on this as they can afford to play the long game. Salford council would probably be willing to cash in given the chance.
|
|
|
|
|
|