This year or last?

How can Wigan make a loss with such an (allegedly) favourable lease? Doesn't make much sense

Sorry to intrude on your board.

I am with FearTheVee, how are you making a loss? You have arguably the best fan base, best average attendance, a ground you don't need to pay for, (or do you? I don't really know much about your club and your finances).

Rather worrying for the game that a club like your own isn't making a profit.

was lat year, basically the loss was Gleesons transfer IL said and if we would have made wembley it would have cleared the debt.

I believe (just speculation mind Rogues will know more) that the club was making huge losses under Dave Whelan. I believe we got little/nothing for sponsorship (JJB) and the whole marketing and organisation of the club was a complete shambles. I heard figures such as 1.5 million a year in losses at one point. Sounds extreme to me, but believable when you consider the Stuart Fielden transfer in 2006 and the general state of the club. I believe we paid fortunes in compensation to players/coaching staff that we sacked.

No need to apologise. I'm all for intelligent Saints fans posting on this board. It just doesn't happen very often.

So, welcome!

Your question is a very good one indeed. I don't understand how given the level of ticket revenue that should be coming into the club Wigan can be making a loss in the era of the CC. Unless the rental for the stadium is high, which IL has been reported as saying is not the case, or there are other hidden costs involved in the use of the stadium....

Might be worth a look at the accounts when they're available. From looking at tinternet Companies House haven't received the FY09 accounts yet, they are due by 31 August so they should be there in a few days.

We'll get Woody to scrutinise them and put then into fans speak, rather than accountancy terms.

how did warrington do?

5.8 Million turnover, 30k profit.

Yeh, so people keep saying.

No one's come up with anything convincing yet, though. I mean, there has to be a reason why the Glazers have been able to buy Man U, and the average bloke on the street who evidently knows everything, hasn't.

not bad eh? especially when everyone else seems to be running at a loss.

Go back on our board, brought the thread about our results back.

Now I'm no financial expert but is the loss at Wigan purely for that season or does the loss from the previous season get carried forward? Did we open our accounts in the red?