I think Saints have to be applauded for what they have done and in many ways should be a model for RL clubs going forward. Owning a new purpose built stadium with all the income streams that go with that will pay dividends for years going forward. They were very lucky to have McManus there to raise the finance and get things going but there is no reason that other clubs couldnt do the same.

Not sure Wigan are in "decent shape financially". Last set of accounts showed assets of £1.887m against liabilities of £4.123m. I would expect Wigan's 2013 figures to be very good given a Wembley appearance and income from Sam Tomkins transfer however in last year's accounts there was a warning that 2013 would be a "challenging one in tough economic conditions with increased operating costs arising from .... setting-up Wigan TV" so they should make interesting reading.



As for other clubs in decent shape financially then Warrington have just posted a profit for 2013 which I think makes it about 5 years in a row whilst Warrington's assets exceed its liabilities by around £9.7m so as far as rugby league clubs go then I'd say Warrington are in decent shape financially.

Haven't the Wolfs' profits fallen dramatically?

They have, from 366k to 19k, but to be fair the Wolfs do seem to be run on a prudent basis, hopefully that drop isn't a sign of problems to come.

Yes the word profit giving you a clue to Warrington's parlous state. How many sporting clubs post a profit these days?

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

Leeds



Turnover reduced from £10.7m in 2012 to £10.03m in 2013 mostly due to not reaching a final in 2013.



Profit reduced from £692k to £406k.



Amount owed to the club = £1.643m



Cash at bank = £1.99m

Impressive figures, surely no British club can match that.

Is that for the Rhinos or the holding company incorporating the rah rahs and the cricket facilities. Where do Leeds Carnegie fit into this?

Quote Finfin="Finfin"Is that for the Rhinos or the holding company incorporating the rah rahs and the cricket facilities. Where do Leeds Carnegie fit into this?'" viewtopic.php?f=17&t=573195&start=0 Most of the £2m owed to the club is owed by the RU side.

Quote Finfin="Finfin"Is that for the Rhinos or the holding company incorporating the rah rahs and the cricket facilities. Where do Leeds Carnegie fit into this?'" viewtopic.php?f=17&t=573195&start=0 Most of the £2m owed to the club is owed by the RU side.

It's the Rhinos. Leeds CF & A.

The cricket facilities are owned by Yorkshire CCC.

The Union lot are separate and owe the Rhinos £827k

There's also a baffling annual "management charge" from the Rhinos to the Union lot. Roughly around £100-120k each year. Which is effectively Caddick taking Rhinos profits to prop up Carnegie.

One clarification - since the majority of the corporate facilities at Headingley fall within the control of the RL club (pavilion/Carnegie Stand/hotel), cricket does have a direct effect on Leeds' finances as Yorkshire couldn't hope to put a test or ODI without them. So Leeds make decent money out of this - not as much as in the good old days, but still very worthwhile. Hence the Strategic Report observes that, "Headingley Experience catering budget suffered mainly as a result of the One Day International cricket being a wash out and no play on the Friday of the Test Match."



Wigan RLC Ltd has minimal fixed assets, is technically insolvent and to continue trading is reliant on the owner not withdrawing his support. Even if the company is making small profits now, it's not a happy position for one of the larger British RL clubs.