It is pretty dismal reading to see clubs posting massive loses, luckily for saints they have an owner with plenty of money and is a genuine Saints fan, likewise with Wigan, Rovers, Wire, Huddersfield etc.

It has to be accepted that it is near on impossible to run a Super League club at a profit in this current climate.

According to AP, we are self sufficient .

Very worrying news about Saints losses, they own their own stadium and have gone all the way to the finals in most years.

I give this league 5 years before it goes part time or worse. SKY have already managed to get more content for free they won't give us anything back.

In the Humberside interview he I’m sure he said that he believes that Hull and Leeds are the two clubs that ‘could’ be self sufficient.

Obviously we haven’t been self sufficient since 2020 at least maybe longer but it was with the caveat that we would need a team performing well on the pitch and getting 13-15K crowds. We are a million miles away off being self sufficient at the moment.

I think the lack of communication is just because they obviously can’t discuss anything about the investment until it’s finalised. Like I said on the shopping list thread, I don’t think it will be a total reset because I don’t think it will be a takeover I doubt we’ll have a complete new ownership. In the interviews he’s made I don’t get the impression AP is going.

A ‘capital injection’ is how AP described it, in exchange for what I have no idea. A few years ago I’d have been skeptical of something like that, but it really is do or die for the club now we need something even it is a roll of the dice. As others have said, well performing clubs can’t balance the books in this climate, we have no chance unless something changes.

If AP told me that the grass outside was green i'd go out and check with the way things are at the moment.

It was interesting to read in that article about Saints finances that McManus said he was expecting losses to be higher this/next year due to paying back the covid loans.
If that is the case and they haven't even started paying them back yet then I assume AP has just gone all out to clear them as fast as possible.

This

I don’t listen to or read a word he says anymore.

Could just be that Saints have paid them off or at least started to pay them this year but won’t appear on the figures until next year? It was said that we aimed to have ours paid off by early 24 but nothing has ever been mentioned since.

Interesting McManus he’s also said that Saints won’t stop spending to the max of the salary cap as it’s a false economy otherwise. They obviously don’t want to risk losing income and supporters for good. If we had any clarity on our financial situation we could at least see if the gamble has paid off for us in cutting back spending on staff/players but we don’t know, for all we know we might not have got any further then Saints in paying them off.

I assume the COVID loan hasn't been paid off because surely Pearson would have announced that to add a bit of cheer 'debts have gone, spending can go back to levels the fans expect'

Eagerly awaiting the season pass brochure to see what crumbs he wants to feed us this time...

https://www.yorkshirepost.co.uk/sport/r ... es-4778780 Find these comments from Grix pretty pathetic. It's almost like he wants binning off

https://www.yorkshirepost.co.uk/sport/r ... es-4778780 Find these comments from Grix pretty pathetic. It's almost like he wants binning off

With two games still to go, this really wasn't the time to open up like this. If another two defeats weren't already certain, they are now. Season ticket holder or not, I won't be attending this week. The club has so much to do to win back the trust and confidence of the fans. Even some of the die hards.

I think I'm probably in a minority on here but I don't have a problem with it.
He's got a point, he's not ready to be a SL head coach and he's been asked to head up the worst side in the league along with all our basket case goings on. If experienced coaches couldn't get a tune out of this lot then why would he be able to?

It's the lack of accountability for me. Most people understand we're lacking in quality, but we still look poorly coached, that's on him.

Also he's gone from throwing his hat in the ring to "nowt to do with me" in about 4 months.

If I was Cartwright I'd be mortified reading that