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| Quote Paul Youane="Paul Youane"Figures include transfer fees paid of £215k in 2013. Seems a lot to spend on Anthony England who was our only signing during the year
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Go on then, spill the beans. Daryl Clark? Richard Agar?
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| how do you judge which clubs are the most sustainable?
imo a club needs to self generate funds that make it self sustainable as a business rather than relying on rich benefactors like either moran or lenagan,whose vast ammounts of money that they both put into their respective clubs certainly keep them not only sustainable but also very successful too
how would these clubs manage business wise and also success wise should these owners not pump their money in as they do and just put their self generated profits back into the club as the rhino's do?
apparently leeds rhinos' turnover a season or two ago was larger than both wigan's and saint helens' turnover combined
imo leeds rhinos are by far the best run sl club in this hemisphere without a doubt
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| Quote Jonesy's a Legend="Jonesy's a Legend"how do you judge which clubs are the most sustainable?
imo a club needs to self generate funds that make it self sustainable as a business rather than relying on rich benefactors like either moran or lenagan,whose vast ammounts of money that they both put into their respective clubs certainly keep them not only sustainable but also very successful too
how would these clubs manage business wise and also success wise should these owners not pump their money in as they do and just put their self generated profits back into the club?
apparently leeds rhinos' turnover a season or two ago was larger than both wigan's and saint helens' turnover combined
imo leeds rhinos are by far the best run sl club in this hemisphere without a doubt'"
How much has Lenagan put into Wigan?
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| Quote Orrell Lad="Orrell Lad"How much has Lenagan put into Wigan?'"
not sure?
how much do you reckon it has cost him to keep wigan at the top echelon of sl without self sustainable profits as a business?
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| Wigan is a well run club since IL took over and is financially sustainable.
Leeds are also well run but as with most clubs it took Caddick to financially rescue them some years ago and following that he appointed Hetherington. Though their ground is a wreck and they need to invest in it, or a new one very soon.
Saints is a difficult one, they report a £2.4m loss, state they break even and will move into profit yet their loans from directors are massive. With their new stadium they should benefit from that surely in the next few years.
The financial aspects of Leeds, Wigan and Saints don't bother me, it's Bradford and Wakefield that are a worry. They both have been in all sorts of financial strife these past few years but hopefully with the increase in SKY monies those troubles will be behind them.
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| Quote Jonesy's a Legend="Jonesy's a Legend"not sure?
how much do you reckon it has cost him to keep wigan at the top echelon of sl without self sustainable profits as a business?'"
Wigan don't make self-sustainable profits? Genuinely interested to hear what information you have about Wigan's finances.
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| Quote Father Ted="Father Ted"Wigan is a well run club since IL took over and is financially sustainable.
Leeds are also well run but as with most clubs it took Caddick to financially rescue them some years ago and following that he appointed Hetherington. Though their ground is a wreck and they need to invest in it, or a new one very soon.
'" No club other than St Helens has spent more on their ground than Leeds in the past two decades. Just because the club hasn't chosen to spend that on the away doesn't mean it hasn't happened. Leeds have no rich backer or local council willing to build a new ground for them, nor can they sell the ground and buy a new one out of the proceeds because that isn't a proposition anyone at the club is willing to consider for the most famous stadium in the sport. And they certainly wouldn't go down the ridiculous route of selling their ground to a supermarket with no club-owned replacement from which to retain a sustainable business.
Leeds have the biggest turnover in the game principally because Headingley is the biggest income generating property in the game. And it generates that money thanks to the huge amounts invested in it by Leeds, especially in the Pavilion, the hotel, under the North Stand, at the Eastern end and in the South Stand - all places where the regular customers are.
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| Turnover means absolutely nothing. You can have a turnover of £100 million but if you are spending £120 million you are losing money. Better to have a turnover of £5 million and spend £4 million.
Wigan are making a profit season on season. There are other revenue streams that some clubs don't have, just as some clubs have revenue streams that Wigan don't have because of stadium ownership.
Lenegan isn't a successful business owner for no reason.
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| Happy Birthday Brian I believe it's today, all the RedVee fans sending Best Wishes to you,
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| Turnover is vanity, profit is sanity
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| Quote Father Ted="Father Ted"Wigan is a well run club since IL took over and is financially sustainable.
Leeds are also well run but as with most clubs it took Caddick to financially rescue them some years ago and following that he appointed Hetherington. Though their ground is a wreck and they need to invest in it, or a new one very soon.
Saints is a difficult one, they report a £2.4m loss, state they break even and will move into profit yet their loans from directors are massive. With their new stadium they should benefit from that surely in the next few years.
The financial aspects of Leeds, Wigan and Saints don't bother me, it's Bradford and Wakefield that are a worry. They both have been in all sorts of financial strife these past few years but hopefully with the increase in SKY monies those troubles will be behind them.'"
Part of the £2.4 million loss was down to extraordinary expenditure on completing the cladding at a cost of £750k. The building of the new ground and the year spent out of town was always going to affect the numbers for a good few years and the benefits were never going to be overnight.
There is no external debt and therefore no pressure from creditors. There are substantial directors loans however I am sure that those providing them are not expecting repayment in the medium term. Most businesses have ' debt' the only issue is when it cannot be repaid when scheduled and give the source of funds there is unlikely to be any demand.
I think we are better placed than most. We own the ground and everything that goes on in it lock stock and barrell including all the catering. The club is growing an excellent reputation for its functions and corporate hospitality. We have a leading academy set up. Crowds are as good as they have been in the modern era. We are on of very few clubs still prepared to pay transfer fees ( Amor and Burns) It all points to a promising future and if the club state they are rapidly approaching a break even position that is fantastic news.
The more clubs that can achieve what we have the better.
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| Quote Div="Div"The club is growing an excellent reputation for its functions and corporate hospitality'"
Corporate hospitality in St. Helens? Does the club pay people to attend? 
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