Quote Off! Number Seven="Off! Number Seven""Based on what? The books atm represent SO'C spends on the club facilities etc.
Are you saying Barrow could survive on a 800k turnover but Widnes not on 950k turn over?"
Not a dig or a troll, just a genuine question.
Is the Stobart Stadium owned by Halton Council? I was under the impression that Widnes Vikings sold their interest in the stadium to the council in 1999. If this is the case, why has SOC had to pay for infrastructure works?
I noticed that the seating spells Vikings on one stand, is this the nature of the investment claimed regarding the 2008 accounts?
WRT turnover and finances, I doubt we want to get into a p*ssing competition. We know the financial weight Widnes have with SOC, bigger crowds and access to larger sponsors.'"
The club is actually part owned by SOC with a share owned by the council. The money was spent because the ground needed modernising (and can now brag as being one of the best RL purpose built stadiums again) and it is understood that it is one of the aces up our sleeve for a franchise.
You are quite correct that the ground is not owned by the club but it has a long lease on the stadium and it is widely known and understood that the ground is there for the use of the Widnes Vikings for as long as we need it.
There were a number of developments carried out at the ground which were done for the sake of the club...
new changing facilities, new players gym, new electronic ticketing system, new office space for the admin teams and the management, new facilities for coaching including meeting rooms with new technology like TV's, Whiteboards, new breakout area for the players etc.. there is a tour of the stadium which is fantastic..
In terms of the seats.. Stobarts paid for their section, HBC paid for their seats and SOC paid for the Vikings seats as an advertisement and it further enhances the perception and understanding that the stadium is there for the Widnes Vikings.
Quite a bit of the cash going out the door were payments against the debt ran up by the previous board and were part of the administrators agreement.
Just out of interest... have Barrow's finances been made public? Where has this £800k come from. I haven't seen anything official mentioning this number?