WWW.RLFANS.COM • View topic - £600K loss last year!
£600K loss last year!
Post Wed Sep 20, 2017 6:14 am
Posted by muttywhitedog on Wed Sep 20, 2017 6:14 am
muttywhitedog Strong-running second rower
Strong-running second rower

Reputation Points: 3
Rep Position: 32nd / 77,026

Quiz Score: 428

Joined: Sat Aug 31, 2013 10:52 pm
Posts: 282
http://www.wigantoday.net/sport/rugby-l ... -1-8761858

Two interesting points for me here:

1. A drop in sponsorship income, from £1.2m to £833,000. Where are all these rich southerners supposedly enticed by our game at Millwall? Does that mean the London experiment has failed spectacularly?

2. Nearly £165,000 in contract termination payments to former players and coaches. Who has been released (at the request of the club) last year whilst still in their contract?
Re: £600K loss last year!
Post Wed Sep 20, 2017 6:32 am
Posted by FIOS on Wed Sep 20, 2017 6:32 am
FIOS User avatar
Bronze RLFANS Member
Bronze RLFANS Member

Joined: Wed Nov 03, 2010 5:06 pm
Posts: 3278
I’d assume Lee Mossop / Greg Burke with Mossop getting a chunk of it after the Bateman debacle. The sponsorship loss is not good enough given IL’s reasoning for branching the club out.
Please support Joining Jack and run the Wigan 10k on 6th September 2015. Details at //www.wigan10k.co.uk
Re: £600K loss last year!
Post Wed Sep 20, 2017 7:52 am
Posted by Bigredwarrior on Wed Sep 20, 2017 7:52 am
Bigredwarrior Free-scoring winger
Free-scoring winger

Reputation Points: 10
Rep Position: 25th / 77,026

Quiz Score: 0

Joined: Mon Jun 20, 2011 7:22 am
Posts: 1805
FIOS wrote:
I’d assume Lee Mossop / Greg Burke with Mossop getting a chunk of it after the Bateman debacle. The sponsorship loss is not good enough given IL’s reasoning for branching the club out.



Not sure we can say that to be fair to IL. We've just announced sponsorship with 3 organisations and unless u are part of the inner sanctum, how do we know they are not connected to the Millwall game?

What it does show is that all those who say our chairman is tight are wrong. The loss will come out of his private funds and he doesn't appear to be running for the hills and trying sell his share of the club.

The club does need to address the falling attendances though, it's a huge issue for us.
Re: £600K loss last year!
Post Wed Sep 20, 2017 8:19 am
Posted by ChrisA on Wed Sep 20, 2017 8:19 am
ChrisA User avatar
Free-scoring winger
Free-scoring winger

Reputation Points: 3
Rep Position: 32nd / 77,026

Quiz Score: 0

Joined: Sun Jun 05, 2005 7:30 pm
Posts: 1372
Location: Oldham.
Bigredwarrior wrote:
Not sure we can say that to be fair to IL. We've just announced sponsorship with 3 organisations and unless u are part of the inner sanctum, how do we know they are not connected to the Millwall game?

What it does show is that all those who say our chairman is tight are wrong. The loss will come out of his private funds and he doesn't appear to be running for the hills and trying sell his share of the club.

The club does need to address the falling attendances though, it's a huge issue for us.


The simple fact is that we are not very pretty to watch. You can't rely on fan loyalty to keep bums on seats, you have to entertain people in order for them to keep coming back. It's ok saying ancient and loyal and all that, that's fine for the older more established fans that live and breathe the game. I'm talking about new people to the sport, to the Wigan club and brand, unless they feel entertained they aren't going to keep coming back.

To a lot it's sport, it's something to do on weekend that you enjoy, it is something to look forward to and a reason to spend your hard earned. Even some of the most hardened fans at the are finding it tedious to watch games, imagine what the new-comers must think?
Re: £600K loss last year!
Post Wed Sep 20, 2017 8:46 am
Posted by Cruncher on Wed Sep 20, 2017 8:46 am
Cruncher Gold RLFANS Member
Gold RLFANS Member

Reputation Points: 16
Rep Position: 19th / 77,026

Quiz Score: 0

Joined: Sat Jan 14, 2006 3:10 am
Posts: 13920
I note that rental of the stadium has also gone up.

I wonder if this is in relation to Latics' gradual demise.

I'm sure I remember it being said at a fans forum once that if Latics got relegated, we would have to carry more of the costs - think this was one reason why IL wanted them to stay up.
Re: £600K loss last year!
Post Wed Sep 20, 2017 9:11 am
Posted by Bigredwarrior on Wed Sep 20, 2017 9:11 am
Bigredwarrior Free-scoring winger
Free-scoring winger

Reputation Points: 10
Rep Position: 25th / 77,026

Quiz Score: 0

Joined: Mon Jun 20, 2011 7:22 am
Posts: 1805
I agree on both of your above post Cruncher. Getting bums on seats has to be a major consideration and concern for the club moving forward and the match day experience has to be exciting and entertaining which sadly over the last few years, it mostly hasn't been.

Latics demise is without doubt the cause of the rental cost increase.
Re: £600K loss last year!
Post Wed Sep 20, 2017 9:58 am
Posted by Orrell Lad on Wed Sep 20, 2017 9:58 am
Orrell Lad User avatar
Silver RLFANS Member
Silver RLFANS Member

Joined: Sun Oct 10, 2004 5:19 pm
Posts: 5989
Location: Still at the top
We've lost around 2,000 fans per game on average in recent years. Suppose each match day fan is worth around £20 to the club, that's over £500k in lost revenue. There's the shortfall right there.
21 - 19 - 4

Warrington led 16-2 in Saturday's Grand Final, but their joy was short-lived as Wigan roared back to win the Super League title and extend the Wire's 58-year wait to be champions

Swearing harms children
Re: £600K loss last year!
Post Wed Sep 20, 2017 10:45 am
Posted by DaveO on Wed Sep 20, 2017 10:45 am
DaveO User avatar
100% League Network
100% League Network

Reputation Points: 5
Rep Position: 30th / 77,026

Quiz Score: 0

Joined: Sat Dec 22, 2001 12:04 pm
Posts: 14237
Location: Chester

Bigredwarrior wrote:

What it does show is that all those who say our chairman is tight are wrong. The loss will come out of his private funds and he doesn't appear to be running for the hills and trying sell his share of the club.


I doubt it. When was the last time you heard of a company CEO bailing out a loss making organisation out of their personal wealth? He might have done this but it's just as likely the club has borrowed money (as all business do) to finance their operations.

The club does need to address the falling attendances though, it's a huge issue for us.


Needs to factor in even more cash for severance pay then.
Last league derby at Central Park 5/9/1999: Wigan 28 St. Helens 20
Last league derby at Knowsley Road 2/4/2010: St. Helens 10 Wigan 18
Re: £600K loss last year!
Post Wed Sep 20, 2017 11:01 am
Posted by MattyB on Wed Sep 20, 2017 11:01 am
MattyB User avatar
Gold RLFANS Member
Gold RLFANS Member

Reputation Points: 2
Rep Position: 33rd / 77,026

Quiz Score: 0

Joined: Thu Mar 06, 2003 10:31 pm
Posts: 18088
Noticed it mentioned the value of Orrell as £3.6m, isn't the rumour that we have sold the site for housing?

If so, that will sort out any losses short term anyway!
WIGAN RLFC - SL ERA

WORLD CLUB CHAMPIONS 2017

SUPER LEAGUE CHAMPIONS 1998, 2010, 2013 & 2016

CHALLENGE CUP FINAL WINNERS 2002, 2011 & 2013

LEAGUE LEADERS CHAMPIONS 2010 & 2012

ACADEMY GRAND FINAL WINNERS 2008, 2009, 2010, 2011, 2013, 2014, 2015 & 2017

BEST SUPPORTED CLUB OF THE YEAR 2010, 2011 & 2012

CLUB OF THE YEAR 2010 & 2012



Re: £600K loss last year!
Post Wed Sep 20, 2017 11:49 am
Posted by nikos on Wed Sep 20, 2017 11:49 am
nikos User avatar
Free-scoring winger
Free-scoring winger

Reputation Points: 1
Rep Position: 34th / 77,026

Quiz Score: 0

Joined: Tue Mar 21, 2006 1:32 pm
Posts: 1931
Location: in a world of my own
The whole sponsorship of our shirts has been a mystery to me, we seem to have unheard of or parochial companies whereas some other SL clubs have managed to attract national household brands.

We should be casting the net to catch a Vodafone (tie up to NZ warriors?), a Samsung (PL and SL champions link), Emirates (deep pockets) etc. etc.

Are we the most famous club in the world or not? :wink:


selling land and assets is not a viable long term model
Wellens 3/10 Like public transport. Late, slow and stunk

FIOS
Next

Who is online

Users browsing this forum: moto748, Phuzzy and 70 guests

Quick Reply

Subject: Message:
   

Return to Wigan Warriors - wiganrugbyfans.com


POSTSONLINEMEMBERSRECORDYOUR TEAM
4,778,54975977,0264,559SET
LOGIN HERE
or REGISTER for more features!.
Sat 18th Aug 17:15
SUPER LEAGUE
CATALAN DRAGONS
v
WIGAN WARRIORS
Fri 31st Aug 19:45
SUPER LEAGUE
ST. HELENS
v
WIGAN WARRIORS
Thu 6th Sep 19:45
SUPER LEAGUE
WIGAN WARRIORS
v
WAKEFIELD
Fri 14th Sep 19:45
SUPER LEAGUE
WIGAN WARRIORS
v
WARRINGTON
Fri 21st Sep 19:45
SUPER LEAGUE
HUDDERSFIELD
v
WIGAN WARRIORS
Fri 28th Sep 19:45
SUPER LEAGUE
WIGAN WARRIORS
v
HULL FC
ALL SCORES PROVIDED BY RLFANS.COM (SETTINGS)







28