Salary Cap : Tue Sep 10, 2024 12:54 pm  

https://www.seriousaboutrl.com/st-helen ... ion-96798/ Not normally one to promote SARL but this was one of the better articles about St Helens financial plight. For all the people who think we should scrap the salary cap, this appears to be a big warning. St Helens have dominated the Super League, along with Wigan, Leeds and Bradford. The Bulls have gone pop many times since their heyday, but it highlights that all the clubs are spending more than they earn. According the article "That year (2022-23), loss tripled to £1,319,274, and total revenues slightly fell from around £9.25 million to close to £9.1 million." Even Deggsy would struggle to cope with a continued loss year on year of £1.3M. The answer for McManus is squeeze more money out of SkySports, not bring the costs down. The Salary cap is £2.1M and SkySports estimated that St Helens have spent £2.7M on players wages and have an average attendance of around 12,000 for their home games. Derek has previously stated that scrapping the salary cap would result in more money bleeding out the game to the same Players and Agents with no benefit in terms of improved quality of players. Everybody knows the game is on a knife edge, the governing body is making cuts due to reduced turn-over and the IMG contract is costing big bucks for no perceptible benefits to the clubs. As a side note Halifax and Whitehaven are both fighting for survival, so my message to McManus is sort your own mess out and stop asking for handouts. Live within your means.

https://www.seriousaboutrl.com/st-helen ... ion-96798/ Not normally one to promote SARL but this was one of the better articles about St Helens financial plight. For all the people who think we should scrap the salary cap, this appears to be a big warning. St Helens have dominated the Super League, along with Wigan, Leeds and Bradford. The Bulls have gone pop many times since their heyday, but it highlights that all the clubs are spending more than they earn. According the article "That year (2022-23), loss tripled to £1,319,274, and total revenues slightly fell from around £9.25 million to close to £9.1 million." Even Deggsy would struggle to cope with a continued loss year on year of £1.3M. The answer for McManus is squeeze more money out of SkySports, not bring the costs down. The Salary cap is £2.1M and SkySports estimated that St Helens have spent £2.7M on players wages and have an average attendance of around 12,000 for their home games. Derek has previously stated that scrapping the salary cap would result in more money bleeding out the game to the same Players and Agents with no benefit in terms of improved quality of players. Everybody knows the game is on a knife edge, the governing body is making cuts due to reduced turn-over and the IMG contract is costing big bucks for no perceptible benefits to the clubs. As a side note Halifax and Whitehaven are both fighting for survival, so my message to McManus is sort your own mess out and stop asking for handouts. Live within your means.

Re: Salary Cap : Tue Sep 10, 2024 2:59 pm  

Septimius Severus wrote:

https://www.seriousaboutrl.com/st-helens-ceo-confirms-near-1000000-loss-and-calls-for-higher-central-distribution-96798/
Not normally one to promote SARL but this was one of the better articles about St Helens financial plight.

For all the people who think we should scrap the salary cap, this appears to be a big warning. St Helens have dominated the Super League, along with Wigan, Leeds and Bradford. The Bulls have gone pop many times since their heyday, but it highlights that all the clubs are spending more than they earn.
According the article "That year (2022-23), loss tripled to £1,319,274, and total revenues slightly fell from around £9.25 million to close to £9.1 million."
Even Deggsy would struggle to cope with a continued loss year on year of £1.3M.

The answer for McManus is squeeze more money out of SkySports, not bring the costs down. The Salary cap is £2.1M and SkySports estimated that St Helens have spent £2.7M on players wages and have an average attendance of around 12,000 for their home games.

Derek has previously stated that scrapping the salary cap would result in more money bleeding out the game to the same Players and Agents with no benefit in terms of improved quality of players.

Everybody knows the game is on a knife edge, the governing body is making cuts due to reduced turn-over and the IMG contract is costing big bucks for no perceptible benefits to the clubs. As a side note Halifax and Whitehaven are both fighting for survival, so my message to McManus is sort your own mess out and stop asking for handouts. Live within your means.

This, in a nutshell

Re: Salary Cap : Tue Sep 10, 2024 8:06 pm  

Septimius Severus wrote:

https://www.seriousaboutrl.com/st-helens-ceo-confirms-near-1000000-loss-and-calls-for-higher-central-distribution-96798/
Not normally one to promote SARL but this was one of the better articles about St Helens financial plight.

For all the people who think we should scrap the salary cap, this appears to be a big warning. St Helens have dominated the Super League, along with Wigan, Leeds and Bradford. The Bulls have gone pop many times since their heyday, but it highlights that all the clubs are spending more than they earn.
According the article "That year (2022-23), loss tripled to £1,319,274, and total revenues slightly fell from around £9.25 million to close to £9.1 million."
Even Deggsy would struggle to cope with a continued loss year on year of £1.3M.

The answer for McManus is squeeze more money out of SkySports, not bring the costs down. The Salary cap is £2.1M and SkySports estimated that St Helens have spent £2.7M on players wages and have an average attendance of around 12,000 for their home games.

Derek has previously stated that scrapping the salary cap would result in more money bleeding out the game to the same Players and Agents with no benefit in terms of improved quality of players.

Everybody knows the game is on a knife edge, the governing body is making cuts due to reduced turn-over and the IMG contract is costing big bucks for no perceptible benefits to the clubs. As a side note Halifax and Whitehaven are both fighting for survival, so my message to McManus is sort your own mess out and stop asking for handouts. Live within your means.

who has access to the greater finance resource stains or us
you are good at making lists have you done one for what our wages bill might be dont forget to add coaching team
whats your estimate for what deggsy has tipped in say last 4 year

Re: Salary Cap : Wed Sep 11, 2024 8:38 am  

Satanic, I wish I was privy to such insider information, but Leigh Leopards are financially a clandestine operation. St Helens Rugby Football Club Limited was straightforward to find on Companies House.

Derek Beaumont is complex character who is both free and cagey with information surrounding the club. For instance 2017 Season, Derek announced that the club made a profit in that season, due mostly to not being able to spend the full Salary Cap. The 2022 Season in the Championship, Leigh received a parachute payment from Super League but it is believed that Derek supported the club to a tune of about £1M. At an estimate 2023 and 2024 will require at least £0.5M per year from Mr Beaumont's personal coffers. AB Sundecks makes in the region about £2M a year, but that is obviously not disposal cash for Derek to spend as he pleases, his wife is also a Director of the Company.

Leigh Leopards have increased Turnover in the last two years, with increases in average attendance rising to 7-8K per match. 2024 season has seen a full take-up of club sponsors and increases in merchandising lines. The costs have also risen with a full salary cap, a new (successful) women's team, and a new academy granted.

You can make up your own mind as to how much Mr Derek Beaumont props up the Leigh Leopards, but it is safe to say without him, the club does not exist.

Re: Salary Cap : Wed Sep 11, 2024 2:30 pm  

Septimius Severus wrote:

Satanic, I wish I was privy to such insider information, but Leigh Leopards are financially a clandestine operation. St Helens Rugby Football Club Limited was straightforward to find on Companies House.

Derek Beaumont is complex character who is both free and cagey with information surrounding the club. For instance 2017 Season, Derek announced that the club made a profit in that season, due mostly to not being able to spend the full Salary Cap. The 2022 Season in the Championship, Leigh received a parachute payment from Super League but it is believed that Derek supported the club to a tune of about £1M. At an estimate 2023 and 2024 will require at least £0.5M per year from Mr Beaumont's personal coffers. AB Sundecks makes in the region about £2M a year, but that is obviously not disposal cash for Derek to spend as he pleases, his wife is also a Director of the Company.


information about co readily available if limited nothing clandestine
we have had bad blood with stains of late but dont think we are in any position to throw stones
with the news from cumbria and elsewhere its difficult to not be pessimistic about the future of the greatest game
lets see what the img edict will be must be out soon

Leigh Leopards have increased Turnover in the last two years, with increases in average attendance rising to 7-8K per match. 2024 season has seen a full take-up of club sponsors and increases in merchandising lines. The costs have also risen with a full salary cap, a new (successful) women's team, and a new academy granted.

You can make up your own mind as to how much Mr Derek Beaumont props up the Leigh Leopards, but it is safe to say without him, the club does not exist.

Re: Salary Cap : Wed Sep 11, 2024 3:05 pm  

"information about co readily available if limited nothing clandestine
we have had bad blood with stains of late but dont think we are in any position to throw stones
with the news from cumbria and elsewhere its difficult to not be pessimistic about the future of the greatest game
lets see what the img edict will be must be out soon"

Ok simple question, Leigh Leopards RLFC, what company owns the club? Invariably they use a Private Limited Company (Ltd). Derek John Beaumont is an active Director of two companies AB Sundeck, and Luxlodge. Neither company is engaged in running a Rugby League Club. We know Derek owns the club, but under what vehicle does he manage the club?

Re: Salary Cap : Wed Sep 11, 2024 3:07 pm  

Septimius Severus wrote:

We know Derek owns the club, but under what vehicle does he manage the club?

Leopard print Lambo

Re: Salary Cap : Wed Sep 11, 2024 3:39 pm  

Apologies, I looked at companies registered at Sale Way and came up with "Sporting Club Leigh Limited" It contains a balance sheet and no profit and loss. There are some transactions between Sporting Club Leigh and AB Sundeck, which is how Derek shuffles money between the two companies.

Without a Profit and Loss it is impossible to assess the state of the club, but compared to St Helens they are in a different league.

Re: Salary Cap : Wed Sep 11, 2024 3:58 pm  

https://open.endole.co.uk/insight/compa ... gh-limited Looking at the graph, over the last 20 years, I would suggest that the club is entering a new golden age (Age of the Leopard)

https://open.endole.co.uk/insight/compa ... gh-limited Looking at the graph, over the last 20 years, I would suggest that the club is entering a new golden age (Age of the Leopard)

Re: Salary Cap : Wed Sep 11, 2024 5:28 pm  

Septimius Severus wrote:

https://open.endole.co.uk/insight/company/04587402-sporting-club-leigh-limited

Looking at the graph, over the last 20 years, I would suggest that the club is entering a new golden age (Age of the Leopard)

Really?! dont hesitate call your broker £100k worth be nice starter