Wigan is a well run club since IL took over and is financially sustainable.
Leeds are also well run but as with most clubs it took Caddick to financially rescue them some years ago and following that he appointed Hetherington. Though their ground is a wreck and they need to invest in it, or a new one very soon.
Saints is a difficult one, they report a £2.4m loss, state they break even and will move into profit yet their loans from directors are massive. With their new stadium they should benefit from that surely in the next few years.
The financial aspects of Leeds, Wigan and Saints don't bother me, it's Bradford and Wakefield that are a worry. They both have been in all sorts of financial strife these past few years but hopefully with the increase in SKY monies those troubles will be behind them.

Wigan don't make self-sustainable profits? Genuinely interested to hear what information you have about Wigan's finances.

No club other than St Helens has spent more on their ground than Leeds in the past two decades. Just because the club hasn't chosen to spend that on the away doesn't mean it hasn't happened. Leeds have no rich backer or local council willing to build a new ground for them, nor can they sell the ground and buy a new one out of the proceeds because that isn't a proposition anyone at the club is willing to consider for the most famous stadium in the sport. And they certainly wouldn't go down the ridiculous route of selling their ground to a supermarket with no club-owned replacement from which to retain a sustainable business.

Leeds have the biggest turnover in the game principally because Headingley is the biggest income generating property in the game. And it generates that money thanks to the huge amounts invested in it by Leeds, especially in the Pavilion, the hotel, under the North Stand, at the Eastern end and in the South Stand - all places where the regular customers are.

Turnover means absolutely nothing. You can have a turnover of £100 million but if you are spending £120 million you are losing money. Better to have a turnover of £5 million and spend £4 million.

Wigan are making a profit season on season. There are other revenue streams that some clubs don't have, just as some clubs have revenue streams that Wigan don't have because of stadium ownership.

Lenegan isn't a successful business owner for no reason.

Happy Birthday Brian I believe it's today, all the RedVee fans sending Best Wishes to you,

Turnover is vanity, profit is sanity

Part of the £2.4 million loss was down to extraordinary expenditure on completing the cladding at a cost of £750k. The building of the new ground and the year spent out of town was always going to affect the numbers for a good few years and the benefits were never going to be overnight.

There is no external debt and therefore no pressure from creditors. There are substantial directors loans however I am sure that those providing them are not expecting repayment in the medium term. Most businesses have ' debt' the only issue is when it cannot be repaid when scheduled and give the source of funds there is unlikely to be any demand.

I think we are better placed than most. We own the ground and everything that goes on in it lock stock and barrell including all the catering. The club is growing an excellent reputation for its functions and corporate hospitality. We have a leading academy set up. Crowds are as good as they have been in the modern era. We are on of very few clubs still prepared to pay transfer fees ( Amor and Burns) It all points to a promising future and if the club state they are rapidly approaching a break even position that is fantastic news.

The more clubs that can achieve what we have the better.

Corporate hospitality in St. Helens? Does the club pay people to attend?

No they don't but it could come to that! Seriously I do every Wigan visit in a box at Langtree thanks to the generosity of a mate and I can tell you he is thinking of pulling the plug, such is his dissatisfaction. The hospitality at Knowsley Road was actually much better as far as the food is concerned. However, that is one thing that is easy to fix and, overall, Saints are in an enviable position commercially IMO.

I don't know how it is in the home end but I've been to every Wigan game at Langtree Park as well as the World Cup game last year and I've always found the queues for food and drink to be a nightmare, far worse than any game I've been to at any ground in fact. A relatively minor issue I know but I bet they are throwing away a fair bit of money there with people not buying anything because they don't want to miss a fair chunk of the match queuing up

increasing commitment to expand its online TV opportunity, branding expansion and Community activity and to the rising costs of player wages and development." With the 2014 financial year as good as over has this investment been noticeable?

If I owned an RL club I'd make every effort to reinvest as much of the club's operating profit as possible and build the club, whilst still posting a modest/small profit. In fact, as a fan, I'd be disappointed if we were reporting huge profits at the expense of investment.

I've every faith that the club's "commitment to expand" will reap benefits long term. Hell, a few weeks touring round NZ/Aus can't have been cheap, that's the cost of being a successful club.