Re: Rumours and signings v9 : Sat Dec 17, 2022 7:21 pm  

Sadfish wrote:

In saying that all SL clubs need to make sure they are running within their means, Saints cannot survive without Wigan and Warrington and vice-versa.

That is why I never understand when guys like LeBron 69 on here or Mav on Twitter (who I suspect is one and the same) celebrate when a big rival makes a financial loss, even more so when those rivals are the biggest teams in the game. If Saints and Wigan are making big losses, that’s an issue for the whole game and we should all be slightly nervous about it’s general health. There are reasons behind those losses and in both cases, the clubs are owned/part owned by guys who can cover it but it isn’t a good look and we need IMG to turn the tide across the board.

Re: Rumours and signings v9 : Sat Dec 17, 2022 9:35 pm  

Genuinely don't understand how Wakefield were the only club to record a profit in FY2021. A year blighted by Covid, where attendances were impacted and players and staff still needed to be paid.

Re: Rumours and signings v9 : Sun Dec 18, 2022 8:35 am  

NickyKiss wrote:

Sadfish wrote:

In saying that all SL clubs need to make sure they are running within their means, Saints cannot survive without Wigan and Warrington and vice-versa.

That is why I never understand when guys like LeBron 69 on here or Mav on Twitter (who I suspect is one and the same) celebrate when a big rival makes a financial loss, even more so when those rivals are the biggest teams in the game. If Saints and Wigan are making big losses, that’s an issue for the whole game and we should all be slightly nervous about it’s general health. There are reasons behind those losses and in both cases, the clubs are owned/part owned by guys who can cover it but it isn’t a good look and we need IMG to turn the tide across the board.

I know I cannot for the life of me understand why some idiot celebrates a team that is struggling with debt surely you would want RL to be viable and successful as a sport,after all most of us love the game as we give money and time to watch,play etc.As without teams to play we have no sport.
If other teams supporters would travel in numbers like a Wigan or Saints or Warrington that would help the coffers going in to the clubs.

Re: Rumours and signings v9 : Sun Dec 18, 2022 9:30 am  

MattyB wrote:

Genuinely don't understand how Wakefield were the only club to record a profit in FY2021. A year blighted by Covid, where attendances were impacted and players and staff still needed to be paid.

That was definitely an eyebrow raiser to say the very least.

Re: Rumours and signings v9 : Sun Dec 18, 2022 7:21 pm  

Sweaty Betty's wrote:

Jason65 wrote:

Sadfish wrote:

Jason65 wrote:

Rogues Gallery wrote:

Sadfish wrote:

Jason65 wrote:

Stop hitting them with facts as they cannot cope.

as a shareholder of Saints the debts are not something to be happy about, but they are almost entirely owed to Eamonn McManus and Mike Coleman who both know the debt is either never retrievable or changed to debentures, it doesn't really effect the position of the club as if you add in the assets of the stadium it isn't an issue.

In saying that all SL clubs need to make sure they are running within their means, Saints cannot survive without Wigan and Warrington and vice-versa.

And in the same way most of the money owed by Wigan is to Ian Lenagan and/or his companies. Danson could buy every Superleague club with his pocket money!!

I would love every club to be profitable or at least break even

See you are doing it again bringing facts into it.
I would also every club make a profit as without the teams we have no sport.

No one, outside of top 10 Soccer teams goes into a sport and expects to make a profit, they always hope to break even.

In fact, there is an old saying, "if you are in profit you aren't even really trying to be a successful team"

I believe what we are trying to say is that we all want the sport of RL to survive and maybe prosper.
We are not soccer.

Burnley did.

Burnley’s new owners have bought the club with a loan and sold most of the players worth anything, they’ve invested a small amount of that and appointed a good manager but if I was a Burnley fan I’d be very worried if they don’t go up this season.

Re: Rumours and signings v9 : Mon Dec 19, 2022 11:06 am  

CobraCraig wrote:

Sweaty Betty's wrote:

Jason65 wrote:

Sadfish wrote:

Jason65 wrote:

Rogues Gallery wrote:

Sadfish wrote:

Jason65 wrote:

Stop hitting them with facts as they cannot cope.

as a shareholder of Saints the debts are not something to be happy about, but they are almost entirely owed to Eamonn McManus and Mike Coleman who both know the debt is either never retrievable or changed to debentures, it doesn't really effect the position of the club as if you add in the assets of the stadium it isn't an issue.

In saying that all SL clubs need to make sure they are running within their means, Saints cannot survive without Wigan and Warrington and vice-versa.

And in the same way most of the money owed by Wigan is to Ian Lenagan and/or his companies. Danson could buy every Superleague club with his pocket money!!

I would love every club to be profitable or at least break even

See you are doing it again bringing facts into it.
I would also every club make a profit as without the teams we have no sport.

No one, outside of top 10 Soccer teams goes into a sport and expects to make a profit, they always hope to break even.

In fact, there is an old saying, "if you are in profit you aren't even really trying to be a successful team"

I believe what we are trying to say is that we all want the sport of RL to survive and maybe prosper.
We are not soccer.

Burnley did.

Burnley’s new owners have bought the club with a loan and sold most of the players worth anything, they’ve invested a small amount of that and appointed a good manager but if I was a Burnley fan I’d be very worried if they don’t go up this season.

That's true but they still made a profit under their previous owners.

Re: Rumours and signings v9 : Mon Dec 19, 2022 3:26 pm  

MadDogg wrote:

MattyB wrote:

Genuinely don't understand how Wakefield were the only club to record a profit in FY2021. A year blighted by Covid, where attendances were impacted and players and staff still needed to be paid.

That was definitely an eyebrow raiser to say the very least.

It's hard to judge as they only publish abridged accounts so we don't know if they counted the government covid loans as income or how they used the furlough scheme?

Re: Rumours and signings v9 : Mon Dec 19, 2022 6:35 pm  

Rogues Gallery wrote:

MadDogg wrote:

MattyB wrote:

Genuinely don't understand how Wakefield were the only club to record a profit in FY2021. A year blighted by Covid, where attendances were impacted and players and staff still needed to be paid.

That was definitely an eyebrow raiser to say the very least.

It's hard to judge as they only publish abridged accounts so we don't know if they counted the government covid loans as income or how they used the furlough scheme?

COVID and the furlough scheme has a lot to answer for.

Re: Rumours and signings v9 : Tue Dec 20, 2022 9:19 pm  

I wonder if we knew Bateman was going we have pushed to sign Rushton

Re: Rumours and signings v9 : Tue Dec 20, 2022 10:18 pm  

NSW wrote:

I wonder if we knew Bateman was going we have pushed to sign Rushton

Nowhere near good enough IMO.