FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!
  
FORUMS > Wakefield Trinity > A BIG THANKS MR GLOVER
65 posts in 5 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
RankPostsTeam
International Star17979
JoinedServiceReputation
Apr 201114 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
simpsons/simp006.gif
:simpsons/simp006.gif



Quote: Theboyem "Season tickets & shirts, plus all other merchandise bought for xmas etc, was lost. Sponsorship had been paid to the old company along with two sky payments and the millenium magic payment. Throw in major investment in the gym & changing rooms, new shops etc as well as tidying up the rest of the ground then its not surprising that money was lost. Next years figures are the acid test.'"


It's one hell of a figure and may well explain the drive for large numbers of early bird S/T's
I pressume this figure includes the new stands etc, which would be a fair chunk of the loss, along with some payments made to some of the creditors of the previous regime.
The one sure thing is that, they will need to be the right side of the line for the coming season.
Get spending in the shop(s) folks !

RankPostsTeam
Player Coach27039No
Team
Selected
JoinedServiceReputation
Aug 200519 years
OnlineLast PostLast Page
Sep 2017Sep 2017LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
17219_1385659818.jpg
onetiger = half a cabbage The night is dark and full of terrors. Winter is coming.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17219.jpg



You lot need to get real, its all doom and gloom and the ships sinking fast.

Stop making excuses or offering reasonable debate, in fact abandon ship and man the lifeboats.

It seems a few are scared of what the future holds for RL within the WF postcode and i don't blame them.

RankPostsTeam
Club Coach36099
JoinedServiceReputation
Oct 200420 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
10363_1334937642.jpg
SUPPORT SWAG...:d7dc4b20b2c2dd7b76ac6eac29d5604e_10363.jpg



First of all I'm not alarmed or especially concerned.

However doesn't this just highlight how gullible even some seemingly intelligent fans choose to be. I have heard people say on here that we are one of the most financially sound clubs - well run - a roll model for how to run a club - utter bunkum. The rules, obstacles and limitations that applied and eventually took down the old club still apply to this one. So let's look at he obvious reasons why we have accrued what is a relatively small debt by RL standards.

1: Due to the sale of half price tickets the attendances have gone up. However the revenue has stayed at exactly the same as the old club were getting with half those figures. It's a trade off, raising fan base v raising income but the early bird is NOT a real money spinner.

2: Big investment in the stadium infrastructure, which is nice for us and appeases the RFL but cost a bomb and with NM hopefully on line not really needed. This investment does not give a return - sure a few more people turn up on the few wet days we play, but with the number of season ticket holders I doubt it even gets close to covering the cost.

3: Unknown but allegedly relatively large rent on BV.

4: No assets ie ground to raise loans against. However before the loons from over the hill join in I doubt there is a club left in the RFL that has any value left in that one. It's a hard world to run a RL club in at the moment.

5: A VERY expensive team that for some reason the club tried to sell to the fans as cheap and for some even more bizarre reason some fans chose to believe.

All this is IMHO reasonable (just) start up costs. However it's not sustainable and without N/M and people willing to pay the proper rates in future the club will eventually fold as sure as eggs is eggs - the next 12 - 24 month are crucial if the Glover story is to be success or failure.

All that said I'd rather be where we are than where Cas are because I reckon Steve Ferres would sleep very well at night if Castlefords debts were as low as 1.2 million.

Andrew Glover is the owner of a second string SL club - he can do his best but he can't work the miracles some seem to think he has or will - he cannot deny the laws of economics that apply to a club like ours. The honeymoon is over and the hard work begins. We need to be realistic, until we move this is still WTRLFC and the problems we face are still the same. For now survival with style is still where we are at IMHO.

RankPostsTeam
International Star2265
JoinedServiceReputation
Dec 201113 years
OnlineLast PostLast Page
Nov 2024Oct 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
65068_1324055672.jpg
What's pink & hard first thing in the morning? The financial time crossword [url=http://imageshack.us/photo/my-images/864/pinkhards.jpg/:39bjthd5][img:39bjthd5]http://img864.imageshack.us/img864/5724/pinkhards.jpg[/img:39bjthd5][/url:39bjthd5]:d7dc4b20b2c2dd7b76ac6eac29d5604e_65068.jpg



I don't think it's an unrealistic amount of money to have lost in the first years trading for what was taken on, remember these figures are for the year ending 31/03/12 so none of the success of this last season has gone in to it, the cost of all the ground improvements and the £450k loan from WYW will be factored in to these accounts, not to mention the debts Mr. glover cleared (which he didn't have to).
TBH I would expect a massive turnaround in that figure for the following 12 months as even though we sold 4000 season tickets for last season we brought in and average of an extra 4000 extra paying fans which is a massive increase on the year these figures are relating too.
Extra investment from new directors on top with the chance that even more investment is on the way, I'm not at all worried by these figures, they just need to be put in to context icon_thumb.gif

RankPostsTeam
International Star5123
JoinedServiceReputation
Jul 201113 years
OnlineLast PostLast Page
Sep 2024Apr 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
60524_1510403940.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_60524.jpg



Quote: vastman "First of all I'm not alarmed or especially concerned.

However doesn't this just highlight how gullible even some seemingly intelligent fans choose to be. I have heard people say on here that we are one of the most financially sound clubs - well run - a roll model for how to run a club - utter bunkum. The rules, obstacles and limitations that applied and eventually took down the old club still apply to this one. So let's look at he obvious reasons why we have accrued what is a relatively small debt by RL standards.

1

I think you have summed that up about right Vasty. With regards to Cas Tigers debt - we are about 2.5 million in the red this been built over many years.

RankPostsTeam
International Star82No
Team
Selected
JoinedServiceReputation
Jul 201212 years
OnlineLast PostLast Page
Aug 2016Sep 2015LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



I would have thought any one starting a new company is debt free has no commitments other than the ones that company wishes to take on?

These first years acounts are dreadful.
They wont take into account the capital spend on ground improovement the year after.
but what i find so confusing is the good news train comming out of belle vue of everthing wonderful crowds, sponership,well run club ? is totaly at odds with these accounts and as a stand alone limited company not sustainable.
once again we need people who have to stand up to keep rugby league in wakefield

RankPostsTeam
Player Coach9974
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Feb 2019Feb 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
43457_1320063455.jpg
READ THE AUP: //forums.rlfans.com/viewtopic.php?f=1&t=438945&tsmp=1381997916:d7dc4b20b2c2dd7b76ac6eac29d5604e_43457.jpg



Quote: factsareus "I would have thought any one starting a new company is debt free has no commitments other than the ones that company wishes to take on?

These first years acounts are dreadful.
They wont take into account the capital spend on ground improovement the year after.
but what i find so confusing is the good news train comming out of belle vue of everthing wonderful crowds, sponership,well run club ? is totaly at odds with these accounts and as a stand alone limited company not sustainable.
once again we need people who have to stand up to keep rugby league in wakefield'"

Such as choosing to honour some of the old debt, no income from ST and yet still all the outgoings associated with running a SL team without that bedrock of income.
Your first four words are a joke, as is much of what you post, you remind me of a cas fan we had to ban???? eusa_naughty.gif

RankPostsTeam
International Star82No
Team
Selected
JoinedServiceReputation
Jul 201212 years
OnlineLast PostLast Page
Aug 2016Sep 2015LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



I hope it make you smile then!

It is an acurate fact are they not allowed then?

The point i was makeing was thank god we have people who are prepaired to subsidise our great game as clearly the accounts show on there own it is not sustainable. but to pretend everthing is great is wrong.

Because there will come a time when there might not be people who can or will put their hands in there pockets.

RankPostsTeam
Player Coach9974
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Feb 2019Feb 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
43457_1320063455.jpg
READ THE AUP: //forums.rlfans.com/viewtopic.php?f=1&t=438945&tsmp=1381997916:d7dc4b20b2c2dd7b76ac6eac29d5604e_43457.jpg



Quote: factsareus "I hope it make you smile then!

It is an acurate fact are they not allowed then?

The point i was makeing was thank god we have people who are prepaired to subsidise our great game as clearly the accounts show on there own it is not sustainable. but to pretend everthing is great is wrong.

Because there will come a time when there might not be people who can or will put their hands in there pockets.'"

What facts have you taken into account in making this first year assessment you are so disappointed with? Clearly neither of the ones I have pointed out.
1000 STs at £200 a throw would have helped
Not having to pay out old debt £100k (a guess although I seem to recall JE mentioning something like this at a forum).
Having to pay up contracts we couldn't afford and re employ others we could will have also made a dent.
Most wakey fans would know that!!

RankPostsTeam
International Star82No
Team
Selected
JoinedServiceReputation
Jul 201212 years
OnlineLast PostLast Page
Aug 2016Sep 2015LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Most clubs season ticket monies pre season are taken up with cash flows i would think.to get to a stage before the start of the season when spirt took over? so at that time of year was never going to make a impact.

I was pointing out the choice to pay debts was a call and one that would not have had to be met with a new start up.

The same applies to contracts the new club had a choice on wether or not to continue with them.

All magagment decicisions! i am not saying are right or wrong just a choice.

Any business has to run at a profit to be able to continue to trade.so hopfully the decisions make since the first year will now bear fruit in our next years acoounts.




All of these were management decisions.

RankPostsTeam
Player Coach9974
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Feb 2019Feb 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
43457_1320063455.jpg
READ THE AUP: //forums.rlfans.com/viewtopic.php?f=1&t=438945&tsmp=1381997916:d7dc4b20b2c2dd7b76ac6eac29d5604e_43457.jpg



Quote: factsareus "Most clubs season ticket monies pre season are taken up with cash flows i would think.to get to a stage before the start of the season when spirt took over? so at that time of year was never going to make a impact.

I was pointing out the choice to pay debts was a call and one that would not have had to be met with a new start up.

The same applies to contracts the new club had a choice on wether or not to continue with them.

All magagment decicisions! i am not saying are right or wrong just a choice.

Any business has to run at a profit to be able to continue to trade.so hopfully the decisions make since the first year will now bear fruit in our next years acoounts.




All of these were management decisions.'"

I don't think you have a clue.

RankPostsTeam
Player Coach2107No
Team
Selected
JoinedServiceReputation
Jul 200915 years
OnlineLast PostLast Page
Jun 2018Jun 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



It's no secret AG has a 10year plan that plan will be taking is into Newmarket in good health on a roll. I'd say this season will be our last for the discounted season tickets and we be paying full price for our last season at belle vue. Newmarket is not a quick fix but moving there with everything in place will see us reap the benefits and compete with the bigger clubs. We have a long term plan have cas? I know I'd rather be in our position than there's

RankPostsTeam
International Star82No
Team
Selected
JoinedServiceReputation
Jul 201212 years
OnlineLast PostLast Page
Aug 2016Sep 2015LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



haveing been a season ticket holder for more years than i can rember , sponser,and run my own business for over twenty years i think i might.

In stead of just throwing insuts around perhaps just a little thought would help.

Am sure both our objectives are a succesful wildcats.

RankPostsTeam
Player Coach9974
JoinedServiceReputation
Feb 200916 years
OnlineLast PostLast Page
Feb 2019Feb 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
43457_1320063455.jpg
READ THE AUP: //forums.rlfans.com/viewtopic.php?f=1&t=438945&tsmp=1381997916:d7dc4b20b2c2dd7b76ac6eac29d5604e_43457.jpg



Quote: factsareus "haveing been a season ticket holder for more years than i can rember , sponser,and run my own business for over twenty years i think i might.

In stead of just throwing insuts around perhaps just a little thought would help.

Am sure both our objectives are a succesful wildcats.'"

No insults just pointing out the obvious and perhaps a little thought from you would have stopped you posting such a mind numbingly bad assessment of the account.
Nothing you've posted to date backs up either of your first or last points, so I will stick with my hunch that you are either just a sad cas fan or a reincarnate of a previously binned sad cas fan.
HTH.

RankPostsTeam
International Star82No
Team
Selected
JoinedServiceReputation
Jul 201212 years
OnlineLast PostLast Page
Aug 2016Sep 2015LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



clearly your grasp of accountancy is about equal to your metal capacity

65 posts in 5 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
65 posts in 5 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing



All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.

Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.

RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.

Copyright 1999 - 2024 RLFANS.COM

You must be 18+ to gamble, for more information and for help with gambling issues see https://www.begambleaware.org/.



Please Support RLFANS.COM


3.900390625:5
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
6m
Ground Improvements
Slugger McBa
123
18m
DoR - New Coach - Investor & Adam - New signings
Irregular Ho
3697
20m
Film game
karetaker
5148
45m
Planning for next season
Cokey
170
Recent
Recruitment rumours and links
karetaker
3510
Recent
Paladin Sports
orangeman
5
Recent
Rhinos Ladies
Swoggy Loine
7
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
41s
Pre Season - 2025
giddyupoldfe
119
52s
Recruitment rumours and links
karetaker
3510
57s
BORED The Band Name Game
Boss Hog
63010
1m
Game - Song Titles
Boss Hog
40514
1m
The Brick Stadium ownership update
Azul
8
1m
2025 Season tickets
AgbriggAmble
174
2m
Rumours thread
Trojan Horse
2505
3m
Paladin Sports
orangeman
5
3m
New Players
BigTime
102
4m
Planning for next season
Cokey
170
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Will Brough gone
vastman
2
TODAY
The Brick Stadium ownership update
Azul
8
TODAY
Rhinos Ladies
Swoggy Loine
7
TODAY
Squad contract dates
Trojan Horse
12
TODAY
Paladin Sports
orangeman
5
TODAY
Magic Weekend
Wollo-Wollo-
2
TODAY
War of the Roses
Smiffy27
15
TODAY
Dual Reg
PopTart
2
TODAY
Vagana
Scarlet Pimp
10
TODAY
2025 Kit
Wigan Bull
6
TODAY
2025 merchandise
18th Man
12
TODAY
NBR Does Smithers have a hangover
Smithers99
7
TODAY
Its all gone a bit quiet
BigTime
17
TODAY
England Beat Samoa To Take Test Series
RLFANS News
1
TODAY
McMeekan
Trojan Horse
13
TODAY
Englands Women Demolish The Welsh
RLFANS News
1
TODAY
Lee Kershaw
Big lads mat
9
TODAY
2025 Shirt
The Whiffy K
11
TODAY
Home Shirt 2025
MattyB
1
TODAY
Uele contract extension
Khlav Kalash
5
TODAY
Squad for Match 2 v Samoa
rubber ducki
6
TODAY
2024/25 out of season mind occupier 2
Boss Hog
11
TODAY
Sky tv deals
karetaker
7
TODAY
2024/25 out of season mind occupier 1
Fantastic Mr
29
TODAY
New Kit
karetaker
62
TODAY
Memorable Games
Faithful One
8
TODAY
Hybrid rugby
moto748
11
TODAY
Pre Season - 2025
giddyupoldfe
119
NEWS ITEMS
VIEWS
England Beat Samoa To Take Tes..
611
England's Women Demolish The W..
550
England Beat Samoa Comfortably..
855
Operational Rules Tribunal –..
662
IMG-RFL club gradings released..
947
Wakefield Trinity Win Champion..
1440
Hunslet Secure Promotion After..
1675
Trinity Into Play Off Final Af..
1944
Wigan Warriors Crowned Champio..
1526
York Valkyrie Win Back to Back..
1790
Hunslet Book Relegation Play O..
2162
Penrith Panthers Secure Fourth..
1723
Wigan Humiliate Leigh For Gran..
1808
Hull KR Survive Warrington Fig..
1943
Warrington Wolves Break Saints..
2119
POSTSONLINEREGISTRATIONSRECORD
19.64M 1,333 80,15414,103
LOGIN HERE
or REGISTER for more features!.

When you register you get access to the live match scores, live match chat and you can post in the discussions on the forums.
RLFANS Match Centre
There are currently no matches to display.
Matches on TV
Sat 2nd Nov
MINT2024 3 England M34-16Samoa M
WINT2024 2 ENGLAND W82-0WALES W
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 29 768 338 430 48
Hull KR 29 731 344 387 44
Warrington 29 769 351 418 42
Leigh 29 580 442 138 33
Salford 28 556 561 -5 32
St.Helens 28 618 411 207 30
 
Catalans 27 475 427 48 30
Leeds 27 530 488 42 28
Huddersfield 27 468 658 -190 20
Castleford 27 425 735 -310 15
Hull FC 27 328 894 -566 6
LondonB 27 317 916 -599 6
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 27 1032 275 757 52
Toulouse 26 765 388 377 37
Bradford 28 723 420 303 36
York 29 695 501 194 32
Widnes 27 561 502 59 29
Featherstone 27 634 525 109 28
 
Sheffield 26 626 526 100 28
Doncaster 26 498 619 -121 25
Halifax 26 509 650 -141 22
Batley 26 422 591 -169 22
Swinton 28 484 676 -192 20
Barrow 25 442 720 -278 19
Whitehaven 25 437 826 -389 18
Dewsbury 27 348 879 -531 4
Hunslet 1 6 10 -4 0
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
6m
Ground Improvements
Slugger McBa
123
18m
DoR - New Coach - Investor & Adam - New signings
Irregular Ho
3697
20m
Film game
karetaker
5148
45m
Planning for next season
Cokey
170
Recent
Recruitment rumours and links
karetaker
3510
Recent
Paladin Sports
orangeman
5
Recent
Rhinos Ladies
Swoggy Loine
7
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
41s
Pre Season - 2025
giddyupoldfe
119
52s
Recruitment rumours and links
karetaker
3510
57s
BORED The Band Name Game
Boss Hog
63010
1m
Game - Song Titles
Boss Hog
40514
1m
The Brick Stadium ownership update
Azul
8
1m
2025 Season tickets
AgbriggAmble
174
2m
Rumours thread
Trojan Horse
2505
3m
Paladin Sports
orangeman
5
3m
New Players
BigTime
102
4m
Planning for next season
Cokey
170
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Will Brough gone
vastman
2
TODAY
The Brick Stadium ownership update
Azul
8
TODAY
Rhinos Ladies
Swoggy Loine
7
TODAY
Squad contract dates
Trojan Horse
12
TODAY
Paladin Sports
orangeman
5
TODAY
Magic Weekend
Wollo-Wollo-
2
TODAY
War of the Roses
Smiffy27
15
TODAY
Dual Reg
PopTart
2
TODAY
Vagana
Scarlet Pimp
10
TODAY
2025 Kit
Wigan Bull
6
TODAY
2025 merchandise
18th Man
12
TODAY
NBR Does Smithers have a hangover
Smithers99
7
TODAY
Its all gone a bit quiet
BigTime
17
TODAY
England Beat Samoa To Take Test Series
RLFANS News
1
TODAY
McMeekan
Trojan Horse
13
TODAY
Englands Women Demolish The Welsh
RLFANS News
1
TODAY
Lee Kershaw
Big lads mat
9
TODAY
2025 Shirt
The Whiffy K
11
TODAY
Home Shirt 2025
MattyB
1
TODAY
Uele contract extension
Khlav Kalash
5
TODAY
Squad for Match 2 v Samoa
rubber ducki
6
TODAY
2024/25 out of season mind occupier 2
Boss Hog
11
TODAY
Sky tv deals
karetaker
7
TODAY
2024/25 out of season mind occupier 1
Fantastic Mr
29
TODAY
New Kit
karetaker
62
TODAY
Memorable Games
Faithful One
8
TODAY
Hybrid rugby
moto748
11
TODAY
Pre Season - 2025
giddyupoldfe
119
NEWS ITEMS
VIEWS
England Beat Samoa To Take Tes..
611
England's Women Demolish The W..
550
England Beat Samoa Comfortably..
855
Operational Rules Tribunal –..
662
IMG-RFL club gradings released..
947
Wakefield Trinity Win Champion..
1440
Hunslet Secure Promotion After..
1675
Trinity Into Play Off Final Af..
1944
Wigan Warriors Crowned Champio..
1526
York Valkyrie Win Back to Back..
1790
Hunslet Book Relegation Play O..
2162
Penrith Panthers Secure Fourth..
1723
Wigan Humiliate Leigh For Gran..
1808
Hull KR Survive Warrington Fig..
1943
Warrington Wolves Break Saints..
2119


Visit the RLFANS.COM SHOP
for more merchandise!