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Moderator | 32257 | Bradford Bulls |
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| Rather than an "investor" we have someone that is covering the bills. One doesn't "invest" in a Championship RL team.
I just hope he/she hangs around and doesn't decide to stop covering those bills. I suspect the Odsal site is the reason they're hanging around.
It's not impossible to run a club in a sustainable way but probably not at Odsal. Look at Batley who balance their books and have a great setup. If fans are happy with just being in the championship that's the model to follow. Going any further requires extra cash.
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Club Captain | 76 | No Team Selected |
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| Quote Bullseye="Bullseye"Rather than an "investor" we have someone that is covering the bills. One doesn't "invest" in a Championship RL team.
I just hope he/she hangs around and doesn't decide to stop covering those bills. I suspect the Odsal site is the reason they're hanging around.
It's not impossible to run a club in a sustainable way but probably not at Odsal. Look at Batley who balance their books and have a great setup. If fans are happy with just being in the championship that's the model to follow. Going any further requires extra cash.'"
Interesting point. Ive no inside knowledge at all on who is covering the losses. If you were asking me to guess though, I would speculate he is a newly enobled Knight of the Realm, based in New Zealand.
And yes, hopefully he will hang around. We certainly need him.
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International Star | 1004 | Bradford Bulls |
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Jun 2015 | 10 years | |
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| Quote Sedgebull="Sedgebull"Interesting point. Ive no inside knowledge at all on who is covering the losses. If you were asking me to guess though, I would speculate he is a newly enobled Knight of the Realm, based in New Zealand.
And yes, hopefully he will hang around. We certainly need him.'"
Could be the Knights of Ni for all I care
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Player Coach | 4574 | Bradford Bulls |
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Dec 2005 | 19 years | |
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| Quote Sedgebull="Sedgebull" I would speculate he is a newly enobled Knight of the Realm, based in New Zealand.
'"
Who would that be, in plain English?
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Club Captain | 392 | Bradford Bulls |
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| Graham Lowe
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Player Coach | 4574 | Bradford Bulls |
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| Quote kaybenbull="kaybenbull"Graham Lowe'"
What makes you think he is minted?
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Club Captain | 392 | Bradford Bulls |
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| I haven't got a clue if he his or isn't but he just got a knighthood so going by clues given by others
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Moderator | 32257 | Bradford Bulls |
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| I wouldn't be surprised if it's Nigel Wood.
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Player Coach | 471 | Bradford Bulls |
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| Quote Bullseye="Bullseye"I wouldn't be surprised if it's Nigel Wood.'"
Or a mate of his
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Club Coach | 884 | Leigh Centurions |
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Oct 2005 | 20 years | |
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| Quote Bullseye="Bullseye"Rather than an "investor" we have someone that is covering the bills. One doesn't "invest" in a Championship RL team.
I just hope he/she hangs around and doesn't decide to stop covering those bills. I suspect the Odsal site is the reason they're hanging around.
It's not impossible to run a club in a sustainable way but probably not at Odsal. Look at Batley who balance their books and have a great setup. If fans are happy with just being in the championship that's the model to follow. Going any further requires extra cash.'"
Its not impossible to run a club within its means however it just involves setting budgets early and forecasting accurately.
This year Leigh's board were given a budget of £300k by Derek to spend on the roster as he said he was going to put nothing in this year and let Toronto do their thing, this was based on a budget of 1700-1800 paying customers. It quickly became apparent early on that the crowds were much higher than predicted (AVG 3000) on the back of the "local lads" push and surplus funds were accruing in the bank.
Add to that Corporate/Leigh TV/Lottery/Events/Golf days/player sponsorship/Club shop/away match pre-sales and the playing shirt/training gear getting Super League levels of sponsorship income we sit in a really good financial place and Derek has had to put nothing in this year.
Our recent signings are an indication of a strong financial position and if Derek wants to splash the cash & roll the dice again and go head to head with Toronto/Toulouse in the payoffs then I expect we will see a few more old faces back.
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Moderator | 32257 | Bradford Bulls |
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| Quote Binosh="Binosh"Its not impossible to run a club within its means however it just involves setting budgets early and forecasting accurately.
This year Leigh's board were given a budget of £300k by Derek….'"
Maybe I didn’t make myself clear enough. “Investing” suggests that someone gets more money out than they put in. What Derek is doing is bankrolling Leigh, unless he will get his £300k back at the end of the year?
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Club Coach | 884 | Leigh Centurions |
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| Quote Bullseye="Bullseye"Maybe I didn’t make myself clear enough. “Investing” suggests that someone gets more money out than they put in. What Derek is doing is bankrolling Leigh, unless he will get his £300k back at the end of the year?'"
I'm not under any misconception of the difference of investment & bank rolling.
What I am factually telling you is that this year HE ISNT funding anything, he still owns Leigh but the club is funding itself via all its income streams including RFL central funding.
If he wants to bank roll another push for SL, he has said he will do it out of his own money, as we sit the club is self sustaining.
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