Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 10:37 am  

Tiz Lad wrote:

Should fully expect next year's accounts to be even worse. Lower attendances especially qualifier compared to Super 8s, not extra merchandise opportunities that we had with the two finals of last year

Concerning times I'd say

Not necessarily, it could depend on what new signings and what may or may not happen regarding coaching for next year that will have a bearing on season ticket sales and general attendance. It's a wait and see thing now.

Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 10:39 am  

We made 73k net profit in 2015 (pre tax)
We made 263k net loss in 2016 (pre tax)

Considering our revenues and costs sit at around 5-7million per year, and our net profit is so low, any slight fluctuation in either would see us swing between a few 100k ether side of profit or loss.

I actually applaud the board for running the club so close to the break even line. We're a sports club, we (ideologically) shouldn't be making huge profits. It should be reinvesting in itself. The board also didn't take any dividends this year.

The balance sheet of the company ended in 2015 on 12.26 mil
The balance sheet of the company ended in 2016 on 12.15 mil

The company has lost 108k from it's balance sheet, which is 0.88% of it's value.

Drop in the ocean. The directors know exactly where that money has gone, and it's all completely controllable. It's not as if we're hemorrhaging money and they can't stop it.

It's interesting to see the financial state of the club, but a non-story for me.

Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 11:35 am  

are any other teams results out.....???

will we see a direct link to the Marquee player rule and increased club losses......

you would think so......

Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 11:51 am  

I don't buy into all this propaganda about Draper blowing money on "consultants", whatever that means. The spending will have been agreed by the board, which is ultimately and collectively responsible.

The problem is always that boards always buy into spending big on things like branding but expect instant results. When it doesn't happen they inevitably blame someone and revert back to the status quo, leaving the new brand as little more than a change of logo.

Ps the rebrand was totally unnecessary and the logo is horrific, but it was all agreed by the board.

Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 12:11 pm  

Ganson's Optician wrote:

I don't buy into all this propaganda about Draper blowing money on "consultants", whatever that means. The spending will have been agreed by the board, which is ultimately and collectively responsible.

The problem is always that boards always buy into spending big on things like branding but expect instant results. When it doesn't happen they inevitably blame someone and revert back to the status quo, leaving the new brand as little more than a change of logo.

Ps the rebrand was totally unnecessary and the logo is horrific, but it was all agreed by the board.

the re-brand was probably unnecessary but I disagree I think the new logo is great... its modern and easily identifiable ...I even carved the logo in a pumpkin last Halloween you couldn't do that with the old one, far too much detail.
And that was one of the main ideas behind the new logo (ease of recognition and publishing...not for the ease of pumpkin carving!!).

should that have pushed us a quarter of a million on the red...?? not really....

Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 12:52 pm  

The only people who know the full breakdown of the figures will be the accountants, the auditors, (most of) the board and (maybe) the Inland Revenue.

People have picked up on the amount spent on rebranding etc by RD but are speculating on the amounts. Nobody has mention the expenditure on training facilities, timeline heritage etc etc. A £1/2m increase in Admin expenses might seem a huge amount BUT under the Companies Act, what qualifies as "Admin" is far wider than simple backroom office expenditure.

Already there is speculation that with the results this season, 2017s numbers will be worse. How do we know ? Yes, ticket sales and merchandising may be down but how much from that (unknown) 2016 expenditure wont be repeated.

Relatively speaking, with all the economic uncertainty there was during 2016, the financial problems within the game generally, the headline figures, coupled with the headline explanations dont make too bad reading. Has anybody seen SM heading for the exit with his cheque book ? No ? If he isnt concerned (like I say, when he will be party to far more details than the public) why should the rest of us be.

[Fantastic Mr Catpiss]

Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 1:09 pm  

the flying biscuit wrote:

the re-brand was probably unnecessary but I disagree I think the new logo is great... its modern and easily identifiable ...I even carved the logo in a pumpkin last Halloween you couldn't do that with the old one, far too much detail.
And that was one of the main ideas behind the new logo (ease of recognition and publishing...not for the ease of pumpkin carving!!).

should that have pushed us a quarter of a million on the red...?? not really....

I'm not a fan of the badge overall, but i do like it monochrome stylee and half faced like they use on the members cards and on the doors at the stadium and that, i think it looks effective (mind i think they should bring back Lupus non mordet lupum, so what do i know?)

I would say, in terms of the re brand, and the enhanced fan experience, we're back to pre-roger meddling, except we have a new logo, which has been received luke warm by fans, we've got a new shop, which personally, i'm not sure is better.

Everything else seems to have ground to a halt, the selfie stuff on the pitch, the DJ and occasional saxamaphone player, the pre match interviews under the stand (which i'm still not sure why tony smith agreed to do those), the lights don't seem to get much use any more(as a summer sport you could argue they were as wise an investment as under soil heating would be), we no longer have the fan club(official) i don't know what contact is like between the club and the supporters trust now, and i don't think the fan ambassadors are doing the rounds anymore, i've certainly not seen them.

A couple of friends went to the chat with karl the other week, they said it was a bit more like the meetings that the Supporters trust used to do, cosy and informal, yet we had some people, on facebook/the guardian banging on that they wanted another do at the pyramid in order to get in cos they liked the show, for me it was very much like an alan partridge event with the headsets and watching the 3 IT website developers trying to show us a demo, and then asking a room full of sports fans if they've ever heard of 'OPTA stats'?

Looking back, he really was a man with a bag of magic beans.



#HARDWIRED

Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 1:23 pm  

The badge looks like a badger.

Oh and bring back live bands (purely unselfishly like)

Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 3:48 pm  

I like the town coat of arms.
We should have both. Coat of arms on the chest. Logo on the shorts.

Re: Warrington Wolves record loss for 2016 : Wed Aug 09, 2017 4:23 pm  

Fantastic Mr Catpiss wrote: I'm not a fan of the badge overall, but i do like it monochrome stylee and half faced like they use on the members cards and on the doors at the stadium and that, i think it looks effective (mind i think they should bring back Lupus non mordet lupum, so what do i know?) I would say, in terms of the re brand, and the enhanced fan experience, we're back to pre-roger meddling, except we have a new logo, which has been received luke warm by fans, we've got a new shop, which personally, i'm not sure is better. Everything else seems to have ground to a halt, the selfie stuff on the pitch, the DJ and occasional saxamaphone player, the pre match interviews under the stand (which i'm still not sure why tony smith agreed to do those), the lights don't seem to get much use any more(as a summer sport you could argue they were as wise an investment as under soil heating would be), we no longer have the fan club(official) i don't know what contact is like between the club and the supporters trust now, and i don't think the fan ambassadors are doing the rounds anymore, i've certainly not seen them. A couple of friends went to the chat with karl the other week, they said it was a bit more like the meetings that the Supporters trust used to do, cosy and informal, yet we had some people, on facebook/the guardian banging on that they wanted another do at the pyramid in order to get in cos they liked the show, for me it was very much like an alan partridge event with the headsets and watching the 3 IT website developers trying to show us a demo, and then asking a room full of sports fans if they've ever heard of 'OPTA stats'? Looking back, he really was a man with a bag of magic beans. #HARDWIRED The badge and branding overall is very good, it's just the look of the wolf they didn't get quite right. I don't mind it though. Club shop I think was improved as it was like a jumble sale at times, and dark with those boxes everywhere. The lights I think they would have rented them when required, as they were setup for the match and then removed after. They do need to get some of the fan experience aspects back for the people who like those things, just not karaoke. It was Hex Digital that did the website https://hexdigital.com/case-studies/warrington-wolves nearly 2 years on the Internet moves quickly and in places the website looks dated again. It also doesn't do Opta stats. Pyramid events were quite good and informative, but it was a bit strange to use there as it actually has a smaller capacity than the lounge in the East Stand. Sound system - a lot of speakers but still have trouble hearing talking, people with mouth too near the microphone possibly? Hand dryers - not much improvement on the models they replaced. Queues - Never seems to be any improvement on the speed of service. Probably loses the club a lot of sales, the Jack Fish bar is the worst.

Fantastic Mr Catpiss wrote: I'm not a fan of the badge overall, but i do like it monochrome stylee and half faced like they use on the members cards and on the doors at the stadium and that, i think it looks effective (mind i think they should bring back Lupus non mordet lupum, so what do i know?) I would say, in terms of the re brand, and the enhanced fan experience, we're back to pre-roger meddling, except we have a new logo, which has been received luke warm by fans, we've got a new shop, which personally, i'm not sure is better. Everything else seems to have ground to a halt, the selfie stuff on the pitch, the DJ and occasional saxamaphone player, the pre match interviews under the stand (which i'm still not sure why tony smith agreed to do those), the lights don't seem to get much use any more(as a summer sport you could argue they were as wise an investment as under soil heating would be), we no longer have the fan club(official) i don't know what contact is like between the club and the supporters trust now, and i don't think the fan ambassadors are doing the rounds anymore, i've certainly not seen them. A couple of friends went to the chat with karl the other week, they said it was a bit more like the meetings that the Supporters trust used to do, cosy and informal, yet we had some people, on facebook/the guardian banging on that they wanted another do at the pyramid in order to get in cos they liked the show, for me it was very much like an alan partridge event with the headsets and watching the 3 IT website developers trying to show us a demo, and then asking a room full of sports fans if they've ever heard of 'OPTA stats'? Looking back, he really was a man with a bag of magic beans. #HARDWIRED The badge and branding overall is very good, it's just the look of the wolf they didn't get quite right. I don't mind it though. Club shop I think was improved as it was like a jumble sale at times, and dark with those boxes everywhere. The lights I think they would have rented them when required, as they were setup for the match and then removed after. They do need to get some of the fan experience aspects back for the people who like those things, just not karaoke. It was Hex Digital that did the website https://hexdigital.com/case-studies/warrington-wolves nearly 2 years on the Internet moves quickly and in places the website looks dated again. It also doesn't do Opta stats. Pyramid events were quite good and informative, but it was a bit strange to use there as it actually has a smaller capacity than the lounge in the East Stand. Sound system - a lot of speakers but still have trouble hearing talking, people with mouth too near the microphone possibly? Hand dryers - not much improvement on the models they replaced. Queues - Never seems to be any improvement on the speed of service. Probably loses the club a lot of sales, the Jack Fish bar is the worst.