but in that we got to the CC final and had the WCC at Wigan and won it.

Over the last couple of decades only 2 teams regularly made a profit. Leeds by some distance and Wire. Wigan often balanced the book and every other club have ran a loss.
As a sport we don't think we thank or recognise our investors and owners like Ken Davy etc enough.

wire havent made a profit for a few years now. Mainly due to transfer fees though, Leeds do as its not just the rugby team its a collective

yep. Wolves lost 260k in 2016 and 70k in 2017

More spin than Shane Warne.

Well clearly that was the thrust given the Campbell reference, but interested to understand the issue with the numbers you quoted and your view?

I was paraphrasing you, don’t act silly.

Strugging to see how you cant see what he is alluding to. Despite it being a higher figure, 650k written as that looks a larger figure than £0.7m as written

Quote: FearTheVee "Saints just announced that the 2018 accounts show us back in profit (before depreciation) as McManus trailed. Hopefully the Wigan numbers improve materially too; accounts due next month. The game needs all of our big clubs in rude health, here's hoping Wigan can stem the losses. Next TV deal is a huge moment for the sport.'" I wonder who posted this a couple of years ago. "Bit misleading to tag EBITDA as profit but an improvement nonetheless." forums.redvee.net/showthread.php ... it-in-2016

Quote: FearTheVee "Saints just announced that the 2018 accounts show us back in profit (before depreciation) as McManus trailed. Hopefully the Wigan numbers improve materially too; accounts due next month. The game needs all of our big clubs in rude health, here's hoping Wigan can stem the losses. Next TV deal is a huge moment for the sport.'" I wonder who posted this a couple of years ago. "Bit misleading to tag EBITDA as profit but an improvement nonetheless." forums.redvee.net/showthread.php ... it-in-2016

Only if you have no grasp of numbers at all.

Quote: FearTheVee "It is misleading. EBITDA and profit are two different things of course. But then saints have no interest to pay as we are debt free, and no tax to pay as the depreciation on the fully paid for stadium acts as a hefty tax shield against modest operating profits. So it’s the correct metric to measure. When I posted the above we had a very different balance sheet, with big interest charges on loan accounts. Now we don’t as all the connected party debt has been converted to equity, but then you knew that.'" So your actual loss was around £650K last year, which was a big improvement but still a big loss. If McManus says it's drizzle I would get my big brolly and wellies https://s3.eu-west-2.amazonaws.com/docu ... 0845ddf3da

Quote: FearTheVee "It is misleading. EBITDA and profit are two different things of course. But then saints have no interest to pay as we are debt free, and no tax to pay as the depreciation on the fully paid for stadium acts as a hefty tax shield against modest operating profits. So it’s the correct metric to measure. When I posted the above we had a very different balance sheet, with big interest charges on loan accounts. Now we don’t as all the connected party debt has been converted to equity, but then you knew that.'" So your actual loss was around £650K last year, which was a big improvement but still a big loss. If McManus says it's drizzle I would get my big brolly and wellies https://s3.eu-west-2.amazonaws.com/docu ... 0845ddf3da

No mate. Reading your boring drivel is the real mugs game. Who cares about the benefits of owning v renting? As long as a club remains viable - whether that is due to the generosity of its owner or otherwise - that’ll do me. For you, I’m sure years of winning bugger all have been cushioned by the fact that someone - not you though - owns your stadium. Big deal.