On the outside of it it would seem like a small percentage of the money needed, however, long term the interest on such a sum alone would maybe not make it as beneficial to go out and buy the players we want.
Have you seen the interest rates lately?
Under the old 50% cap system any club with in excess of a 10,000 average home gate were assumed capable of spending up to the full cap. As Leeds have always been in that position as a minimum under the cap seasons they have always had the ability to spend to the cap.
Leeds have not always spent their full cap allowance and in past seasons it might not have been necessary to do so. However this season we are understrength in the centres and at least one forward light.
It annoys me that Leeds find themselves in this position when there are competitions that should be within their grasp and cap money left unspent and quota spaces left empty.
I spent too many seasons having to accept second best from Leeds to accept it in this relative golden period for the club.
you can harp on about super league but you have not done no better than saints or bradford so carry on whining boys.
I'll have a Big Mac, large fries and a diet coke please. That's of course if you're even capable of using a till with pictures on it.
Two posts on the Cas board and 46 on here would suggest that you are either from Cas and completely mental, or you are a really witless t!t with an alias, and completely mental.
I'll have a Big Mac, large fries and a diet coke please. That's of course if you're even capable of using a till with pictures on it.
Two posts on the Cas board and 46 on here would suggest that you are either from Cas and completely mental, or you are a really witless t!t with an alias, and completely mental.
Under the old 50% cap system any club with in excess of a 10,000 average home gate were assumed capable of spending up to the full cap. As Leeds have always been in that position as a minimum under the cap seasons they have always had the ability to spend to the cap.
Leeds have not always spent their full cap allowance and in past seasons it might not have been necessary to do so. However this season we are understrength in the centres and at least one forward light.
It annoys me that Leeds find themselves in this position when there are competitions that should be within their grasp and cap money left unspent and quota spaces left empty.
I spent too many seasons having to accept second best from Leeds to accept it in this relative golden period for the club.
The interest rates from bank of england are 1% But try getting a loan from a bank for a large scale building project. You'd be lucky to get approved at the moment let alone get a decent rate.
Without getting into politics, sensible organisations keep money in reserve for a rainy day, and don't just spend when the times are good.
I agree that we could do with strengthening, and that it hurts me when we don't go from a position of power to a position of dominance, but our long term future needs to be safe first.
I agree that we could do with strengthening, and that it hurts me when we don't go from a position of power to a position of dominance, but our long term future needs to be safe first.
I've seen a figure stated somewhere (don't know where to be honest so it could be rank) that Leeds' turnover is in excess of £6,000,000 a year. The flat maximum salary cap is set at around £1,600,000 and it galls me that a club as seemingly well run as Leeds don't support the 1st team squad to the maximum they are permitted.
If they can get away with a fully functioning 25 man squad for less than the maximum cap then fine, good luck to them, their historical investment in youth is paying dividends. Great. But when they are understrength on number (Out - Ellis, Scruton, Tansey, Toopi/ In - Buderus, McShane) with cap money unspent and quota places unfilled then I think someone, somewhere is being shortchanged.
Its absolutely shocking. Its blooming terrible. Sack all the players, sack the board, sack the management. We shouldn't have lost so many matches at this point in the season.
I've seen a figure stated somewhere (don't know where to be honest so it could be rank) that Leeds' turnover is in excess of £6,000,000 a year. The flat maximum salary cap is set at around £1,600,000 and it galls me that a club as seemingly well run as Leeds don't support the 1st team squad to the maximum they are permitted.
If they can get away with a fully functioning 25 man squad for less than the maximum cap then fine, good luck to them, their historical investment in youth is paying dividends. Great. But when they are understrength on number (Out - Ellis, Scruton, Tansey, Toopi/ In - Buderus, McShane) with cap money unspent and quota places unfilled then I think someone, somewhere is being shortchanged.
I don't disagree. A new player would benefit us massively, however, with the squad we have and now we're out of the cup, we have a long time before we hopefully get fully tested again. Even with a few injuries we have the 17 to beat most of SL. I would rather we wait for the right time, rather than go too early and make a costly mistake.
I don't think we should get dragged into a situation where we are paying 6 figure transfer fees. Our situation is no where near as desperate as that of Wigan.
Fat Boy wrote: Bradford are now officially the RFL's biatches. Seventies red wrote: Whats a biatch?. gulfcoast_highwayman wrote: They wear red and white and cry a lot in October.
I've seen a figure stated somewhere (don't know where to be honest so it could be rank) that Leeds' turnover is in excess of £6,000,000 a year. The flat maximum salary cap is set at around £1,600,000 and it galls me that a club as seemingly well run as Leeds don't support the 1st team squad to the maximum they are permitted.
If they can get away with a fully functioning 25 man squad for less than the maximum cap then fine, good luck to them, their historical investment in youth is paying dividends. Great. But when they are understrength on number (Out - Ellis, Scruton, Tansey, Toopi/ In - Buderus, McShane) with cap money unspent and quota places unfilled then I think someone, somewhere is being shortchanged.
Turnover is no indicator of profit though is it? With spending on things various who's to say there is captial available.
It may hurt Leicester Rhino to see Leeds inability to turn power into dominance, but it'd hurt even more to see anything like the "Welcome to Bass Headingley" days.
As Emma points out we're not doing so bad, and for my twopennorth, does anyone have any idea if our 1st team coach has even asked Darth for new players? Or is he happy with his squad as is?
Or would McLennan be a feckwitt not to see that Leeds need another forward and another centre?
Lets see if second best is going to be good enough this season.
On the evidence so far, no longer holders of the WCC and out of the Challenge Cup at the first hurdle with home advantage, it doesn't fill me with confidence.
In a two horse race who's satisfied with finishing second. Some Leeds fans it would appear.