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Subscribe | Moderators: Admin, Kosh , Roland_R , Karen
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[i:10za56ci]Hold on to me baby, his bony hands will do you no harm It said in the cards, we lost our souls to the Nameless One[/i:10za56ci]:d7dc4b20b2c2dd7b76ac6eac29d5604e_6505.jpg

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Quote: Dave K. "The most annoying thing for me is the fans on twitter, Facebook and on here who moan about the club , the coach and the merger but don't attend and give the club the money that they need to compete with the likes of Leeds. I have no problem with the true fans like Jake, Mrs B and Wilf have a good old moan, but those who don't go or don't give the club money don't deserve this right.'"

And what would you say was the minimum amount of money someone has to spend before you magnanimously grant them the right to have an opinion?

Deary me. icon_rolleyes.gif

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Quote: Mild mannered Janitor "The £11m turnover for Leeds, is this solely the Rhinos or does thus include the Union team? What I do know is, their corporate hospitality is huge in comparison to any other RL club in the UK. Not sure if the Rhinos own their stadium, but I think it maybe part of Caddicks business empire. St's do have their own stadium which I'd imagine they have a decent mortgage to finance it.

Anyway. Realistically what would make the opinion of the stay away fans change? Is it a matter of changing the coach or is it going to take a sustained period of winning to get bums on seats?'"



Winning will obviously increase gates but the coup for Pearson would be to appoint a first class coach.That would have a bigger impact on fans buying a season pass than signing The likes of Pritchard.It would also show fans he has admitted his mistake appointing Radford.
Apart from Pearson there are very few people who have any faith left in Radford as a coach.

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Quote: Mild mannered Janitor "The £11m turnover for Leeds, is this solely the Rhinos or does thus include the Union team? What I do know is, their corporate hospitality is huge in comparison to any other RL club in the UK. Not sure if the Rhinos own their stadium, but I think it maybe part of Caddicks business empire. St's do have their own stadium which I'd imagine they have a decent mortgage to finance it.

Anyway. Realistically what would make the opinion of the stay away fans change? Is it a matter of changing the coach or is it going to take a sustained period of winning to get bums on seats?'"


No. Saints have no bank debt, and was majorly financed (currently £15m) by a friend of Eamon McManus who also happens to be a Saints fan. The club can pay this back at any rate, and any debt remaining at the end of the 2018 will be liquidated into shares (or postponed) and the club will again be completely debt free. It will all come down to whether McManus wants to retire, and if he does the baton will be passed into a fan whose already proven his commitment financially (or at least that's my current understanding)

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Quote: Magic Superbeetle "No. Saints have no bank debt, and was majorly financed (currently £15m) by a friend of Eamon McManus who also happens to be a Saints fan. The club can pay this back at any rate, and any debt remaining at the end of the 2018 will be liquidated into shares (or postponed) and the club will again be completely debt free. It will all come down to whether McManus wants to retire, and if he does the baton will be passed into a fan whose already proven his commitment financially (or at least that's my current understanding)'"



Interesting. If that's the case, how come saints were so skint during the build process?

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Quote: Jake the Peg "Interesting. If that's the case, how come saints were so skint during the build process?'"


Mcmanus still poured a lot of his own funds into the project, as well as modernising the training and youth facilities as an aside, and paying off directors loans we had outstanding from the early days of SL at the same time - i think McManus + sale of kr made up the remaining £10m for the stadium. I also think an element of idealism (a saints team in a saints stadium) meant we could have invested more in the playing side but chose not to - but that's more personal conjecture than what the accounts say.

I'll have a closer look on the saints accounts when they're published like I always do, but I'm 95% that's what was gleaned from last years accounts, and presume the accounts this year say the same...

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Quote: Magic Superbeetle "Mcmanus still poured a lot of his own funds into the project, as well as modernising the training and youth facilities as an aside, and paying off directors loans we had outstanding from the early days of SL at the same time - i think McManus + sale of kr made up the remaining £10m for the stadium. I also think an element of idealism (a saints team in a saints stadium) meant we could have invested more in the playing side but chose not to - but that's more personal conjecture than what the accounts say.

I'll have a closer look on the saints accounts when they're published like I always do, but I'm 95% that's what was gleaned from last years accounts, and presume the accounts this year say the same...'"


Whatever, you're in a much better financial position than us

166 posts in 12 pages 
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Subscribe | Moderators: Admin, Kosh , Roland_R , Karen
166 posts in 12 pages 
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Subscribe | Moderators: Admin, Kosh , Roland_R , Karen



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