Re: Sustainable RL clubs : Wed Aug 20, 2014 8:08 pm  

Paul Youane wrote:

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

Go on then, spill the beans. Daryl Clark? Richard Agar?

Re: Sustainable RL clubs : Thu Aug 21, 2014 6:14 pm  

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

Re: Sustainable RL clubs : Thu Aug 21, 2014 6:31 pm  

Jonesy's a Legend wrote:

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?

Re: Sustainable RL clubs : Thu Aug 21, 2014 6:37 pm  

Orrell Lad wrote:

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?

Re: Sustainable RL clubs : Thu Aug 21, 2014 6:52 pm  

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.

Re: Sustainable RL clubs : Thu Aug 21, 2014 6:55 pm  

Jonesy's a Legend wrote:

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.

Re: Sustainable RL clubs : Thu Aug 21, 2014 7:09 pm  

Father Ted wrote:

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.

Re: Sustainable RL clubs : Thu Aug 21, 2014 7:39 pm  

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.

Re: Sustainable RL clubs : Fri Aug 22, 2014 7:20 pm  

Happy Birthday Brian I believe it's today, all the RedVee fans sending Best Wishes to you,

Re: Sustainable RL clubs : Sat Aug 23, 2014 10:10 am  

Turnover is vanity, profit is sanity