Wakefield Trinity's reported PROFIT for 10 months to 30th Nov 2013

That is unbelievable work from MC and the team.

Clearly there is still a deficit and this is only reducing the existing position but that is outstanding work.

Wow, when I saw the title I was a bit worried but WOW! Great work by Mr Carter and his team!!

Great news. I would like to ask MC. When will the club have paid all the debts that were taken on when he took over from Glover.

Phenomenal effort by MC and his team, lets hope it continues and that we can keep building the club and here's to a bight future

I don't really get how all this works but is that the profit since November 2013 or in the 10 months run up to that date? I would assume it being the former given the perilous state the club was in last year.

A great effort in turning the club finances around though. Wasn’t it a 1.2 million loss the previous year?

Where are the details? It would be interesting to see how we have acheived this and whether they are any extraordinary items.

Player sales were pretty much concluded prior to the window above, subject to it being the 10 months after Nov 13. I guess tightening up on freebies and cost savings on ridiculous contracts may have assisted.

Brilliant work by all not just one individual, now get out there and support what we have

It's in League Express today

This is how much profit we made in the 10 month period, not the overall cash surplus.
So we have made imrovements and in this 10 month period those improvements amount to (I assume) income v expense gives us a profit.
We had big losses before that and are only reducing the damage already done. To reduce the overall debt (if we even want to) will take a lot longer.

I'm not in the know so MC or anyone else from team will probably announce this with more details.

I thought it was good enough news to shout about it though, especially as it's in public view now.

Most of the historic debt belongs to Glover who has agreed to not call in, at least thats what I understand. Once our immediate debt are cleared I don't see no reason why we can't hold our own as a business.

I bet Big Alf chocked on his corn flakes when he did his daily search on us via the company house website

Michael Carter, Chris Brereton and Co deserve huge congratulations for this achievement. We were cut, we were bleeding and even dropped to one knee but we've climbed up off the canvass and got back in the fight.

Fantastic!

This on the face of it can be something that all involved can be very proud off. I know the club has been run on a vastly reduced staff also didn't I hear those remaining had taken a reduction in wages too.

As I understand it and remember MC saying at the time is the agreement with Glover about him calling debts in is a verbal one and is not on paper.

Outstanding news,in the League Express for all to see as well.Well done MC and Co Like Snowie says it's our time as Wakefield residents to do our bit.....onwards and upwards...believe.