: Fri Aug 21, 2009 11:34 am  

DETROITSOUL wrote:

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Been reported that they have made a loss over £300,000

Present from the Trust in Widnes board boys!

St Helens have just published their accounts for the year ending 31/10/2008

They lost £ 449,288

The previous year they lost £400,348

The accumulated losses stand at £3,984,540.

The losses are covered by their assets - primarily its stadium - of £8,298,037

: Fri Aug 21, 2009 12:54 pm  

J20 wrote:

Present from the Trust in Widnes board boys!

Not gettin to Wembley is a major blow, not getting to the Grand Final would be a big big problem for Saints.

: Fri Aug 21, 2009 1:00 pm  

Twitch wrote:

Not gettin to Wembley is a major blow, not getting to the Grand Final would be a big big problem for Saints.

Isn't it widely notified in RL circles that if it wasn't for Wakey getting into CC semi final they'd of gone under the other year?

: Fri Aug 21, 2009 3:44 pm  

you cant put anything negative ANYWHERE about SL especially Celtic or else posters will jump all over you, dont you know its all fine and dandy.

: Fri Aug 21, 2009 3:48 pm  

No surprise to me that St Helens are so much in debt ,when we were in Super League I was chating to one of the Saints directors and at the end of the season the Directors had cobbled together and paid off the shortfall of over £400,000.When I bumped into him again less than a third into the season they were very nearly up to that figure again.My point is how on earth are the likes of our club going to hack Soooper Dooper when a club like Saints need bolstering by that much?

: Fri Aug 21, 2009 4:38 pm  

Its easy they will just blame the Championship clubs and hawk a levy on our gates to pay the SL clubs debts off, its all fine and dandy up there you know.

: Fri Aug 21, 2009 5:03 pm  

J20 wrote:

Isn't it widely notified in RL circles that if it wasn't for Wakey getting into CC semi final they'd of gone under the other year?

I doubt a CC semi makes you enough money to keep you afloat if you are struggling that badly.

: Fri Aug 21, 2009 5:19 pm  

Tipster Ste wrote:

I doubt a CC semi makes you enough money to keep you afloat if you are struggling that badly.

Depends how works out, a few k there extra merchandise, backed up by home game etc etc.

May have been 'cup run'!

: Fri Aug 21, 2009 5:54 pm  

Not really almost all SL clubs are carrying huge [ relatively ] debts either on their grounds if they own them or in directors loan accounts if they dont

It's all a house of cards with the RFL desperatley trying to bring in more SKy money to keep it upright

They have made a huge c... up with Celtic , the 5h1t will hit the fan on this one sooner or later , there are a few people who know the truth , one wrong move and a ' whistleblower ' will appear

: Fri Aug 21, 2009 6:54 pm  

Starbug wrote:

Not really almost all SL clubs are carrying huge [ relatively ] debts either on their grounds if they own them or in directors loan accounts if they dont

It's all a house of cards with the RFL desperatley trying to bring in more SKy money to keep it upright.

Almost all Premiership football clubs are carrying huge debts too, but you can hardly say that's a house of cards?!