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FORUMS > Wigan Warriors > League Express Letter re: "The Big One"
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Subscribe | Moderators: Admin, DaveO , Wigan6/Leeds1 Andy , Pemps
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Quote: Bilko "It's because we are only two years of being a proper run club. Between late 1999 and late 2007 we were bankrolled appallingly by Dave Whelan who just never run the club in a proper way. That's why we did nothing on the field of play. Throughout that spelt it just went worse and worse and worse with no real idea of how to control the salary cap. Compare that to Saints who have been very well run and thats the difference between the clubs.

You can't just change it overnight but Lenegan will get there I'm confident of that.'"



Totally agree.

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Quote: Judder Man "You've just proved my point, if Wigan are say 0.5 million over Saints turnover, how come Wigan don,t have better players and are a more successful team than saints. Is it because saints players give better value for money and the wigan get there maths wrong by overpaying average players. Surely this mathematically deficient.

Also if you look at Asset values the Wigan club is of little value, where as in 2011 saints new stadium will have an asset value of £25 000 000.
Surely this is mathematically defecient.'"


Talk about changing the Goalposts (or in this case Rugby Posts) icon_lol.gif

Suddenly you're now talking about players on the pitch and Stadium ownership.....not revenue from attendances (which is what you were initially insinuating) icon_lol.gif

Both clubs spend upto the maximum on the cap, players class, worth or performances are irrelevant.

Stadium ownership??? We have a 50 year lease with the Stadium Company, where we have 'as IL admitted' a very very generous tenancy. We don't have to worry about maintenance, costs...etc..!! It's all in the deal..!!

Given the choice which would you rather have?

A 50 year mortgage at £1200 per month and all the costs.

A 50 year lease at £250 per month from your millionaire mate to stay in his house, all expenses covered.

Don't state crap about passing the house down to dependants, this is a club! (Who's to say RL will even be being played professionally in 50 years)?


Oh and I'm 100% convinced that if we were ever served notice (which we won't) we would find the £25million for a new stadium within months anyway..! icon_biggrin.gif

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Quote: Judder Man "You've just proved my point, if Wigan are say 0.5 million over Saints turnover, how come Wigan don,t have better players and are a more successful team than saints. Is it because saints players give better value for money and the wigan get there maths wrong by overpaying average players. Surely this mathematically deficient.

Also if you look at Asset values the Wigan club is of little value, where as in 2011 saints new stadium will have an asset value of £25 000 000.
Surely this is mathematically defecient.'"

Edge Hall Road is a pretty big asset on the Wigan balance sheet - Saints new stadium is still just aspiration for the moment.

As for the better players dig - the previous poster is on the money about the management situation, but its also a legacy of a supposed level playing field that Saints have been finding every risky loophole and fiddle possible to keep the team at the top. No surprises that since the tax loopholes were closed, there are now more outgoings at Saints than incomings. Good job you have some decent youngsters to fall back on for now, but don't tell me they are a straight substitute for the wages of Sculthorpe, Long, Gilmour, Cayless, Talau, etc, that will have disappeared over the last two years.

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Quote: Judder Man "
Also if you look at Asset values the Wigan club is of little value, where as in 2011 saints new stadium will have an asset value of £25 000 000.
Surely this is mathematically defecient.'"



What the hell does that have to do with anything? Who is funding Stains new stadium? icon_lol.gif

A discussion about attendance revenues turns into a mystery valuation of a non-existant stadium icon_lol.gif

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Quote: MattyB "

Given the choice which would you rather have?

A 50 year mortgage at £1200 per month and all the costs.

A 50 year lease at £250 per month from your millionaire mate to stay in his house, all expenses covered
.


anyway..!
Think I would have the mortgage:

After 5 years I am going bankrupt, sell the house, get some residual value and I am saved.

After 5 years millionaire going bankrupt has to sell ground, tenant contract terminated, and as they say in the weakest link. "You go away with nothing".

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Quote: Judder Man "Think I would have the mortgage


So if Stains go bankrupt they can just sell off their shiney new stadium, bank the equity and all is well icon_lol.gif

Tenant contract terminated if DW goes "bankrupt" and sells the stadium? icon_lol.gif

Deary me today.

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Quote: Orrell Lad "What the hell does that have to do with anything? Who is funding Stains new stadium?
Trying to explain accounts to idiots....why do people bother?

The argument was income, which comes from multiple sources, not just crowds.

And the "mystery valuation" of which you speak is no such thing, the cost to build is £25million, so ergo, its worth £25million, simples?

Saints fund part of it, a sizable chunk coming from the sale of Knowsley Road, the council, Tesco, and McManus's back pocket.

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Quote: wigan_knight "£18 To stand in that embarressment, you should be greatful you get any away support.'"


£15, if you were on the ball, which is pretty cheap for what was a top class game of RL.

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im not insulted either.
i was a sceptic about this "big one", but i was wrong and it was a good move.

the problem with wigan-saints games is that over the last few seasons we have played too many and its lost its appeal imo

i much prefer playing leeds now.

oh..and the OP must be one sad person for writing that article......and i thought i moaned a lot.
fellow deserves the title "moaner of the year" icon_confused.gif

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Quote: Judder Man "In business terms and profit margins probably a yes.

20000@ £10 ..........£200 000 (Wigoon Land)
15000@ £16.......... £240 000 (Saints Ghetto)

No wonder y0ur club can,t buy any decent players if the club is mathematical deficient.'"


For a start you need to take off the season tickets holders from both figures as they will have not paid those prices.

Another thing you need to do is compared the attendances against the same teams from last season to see what the true comparison is. When you've tried and failed to get your head around that simple principle, I'll show you the answer and how Wigan actually made money on the discounted ticket prices against Leeds.

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Quote: MSH "Trying to explain accounts to idiots....why do people bother?'"


I'm an auditor, what would I know about accounts? icon_smile.gif

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Quote: wigan pie man "im not insulted either.
i was a sceptic about this "big one", but i was wrong and it was a good move.

the problem with wigan-saints games is that over the last few seasons we have played too many and its lost its appeal imo

i much prefer playing leeds now.

oh..and the OP must be one sad person for writing that article......and i thought i moaned a lot.
fellow deserves the title "moaner of the year"
Only because you win that more often icon_wink.gif

I thought the letter writer was having more of a go at Leeds fans than Wigan fans when I read it.

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Quote: Judder Man "Think I would have the mortgage

But if our landlord (soon to be WAFC) end up bankrupt, we'll get first dibbs on the stadium at much less than £25mill i'd expect.

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Quote: Wigan Peer "Surely, as you are all such wonderful suportive fans, you should be able to fill the "Artifact" all on your own, each week, But for some reason, you get nowhere near. God help you if you ever become less succesful..'"

Not the point. It wasn't us that didn't turn up. It was you lot. You bunch of wusses.

What would happen to your figures if our lot didn't bother turning up next time out? We're at least one of your biggest gates. So be thankful we don't give it back to you.

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Quote: SaintsFan "Not the point. It wasn't us that didn't turn up. It was you lot. You bunch of wusses.

What would happen to your figures if our lot didn't bother turning up next time out? We're at least one of your biggest gates. So be thankful we don't give it back to you.'"


We'd have about 17,000 on without any of you and to be honest I could live with it!!!!!!

69 posts in 6 pages 
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Subscribe | Moderators: Admin, DaveO , Wigan6/Leeds1 Andy , Pemps
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