Re: Dr Koukash to join Leigh Centurions : Sat Aug 28, 2021 7:32 pm  

nadera78 wrote:

Wasps lose millions every year and have been forced to refinance their debts a couple of times already because they were unable to make the repayments. They're not a success story at all.

I believe they are in debt to the tune of 50 million, with 60% to the bank and 40% to the owner. I suspect if you wanted to build a stadium of that magnitude again, you'd be spending a similar amount, so they're not panicking just yet. As for not being a success at all.....they have 17k average gates where they used to have 6k......fiscally they're owned by a very wealthy man so the debt isn't yet a problem, but they're far better off than they were at wycombe....compare their story with say Bradford and tell me which is the bigger basket case?

Re: Dr Koukash to join Leigh Centurions : Sat Aug 28, 2021 8:20 pm  

Huddersfield1895 wrote:

Other Super League clubs don't appear to want to cut their academies. Most odd when you consider that championship sides London and Newcastle run academies.

& some want to run an Academy & have proven funds to run one at the highest level *Leigh* but are not allowed to !

Re: Dr Koukash to join Leigh Centurions : Sat Aug 28, 2021 9:14 pm  

Bulls4 wrote:

I’m not sure Dr K would want to swap his millions and properties / assets for a stadium in Leigh. No offence at all to Leigh but he’s likely to make more money from his current assets than a stadium

Probably true, yet the stadium at LSV makes revenue from Manchester United Reserves, Manchester United Ladies, Leigh Centurions, Rugby League Internationals, Lionel Ritchie & Elton John concerts.

Meanwhile over at Odsal .......

Re: Dr Koukash to join Leigh Centurions : Sat Aug 28, 2021 9:21 pm  

Ste100Centurions wrote: Meanwhile over at Odsal ....... Happy memories.... https://www.thetelegraphandargus.co.uk/news/10158880.pop-icons-such-as-belinda-carlisle-and-rick-astley-will-be-on-bill-for-may-event/ until https://www.thetelegraphandargus.co.uk/news/10609775.bulls-accused-of-chaos-at-concert/ and then https://www.thetelegraphandargus.co.uk/news/10623959.bulls-stadium-concerts-failings-detailed-at-review/ Back in the days when a curry magnet and a failed publican were seen as the messiah.......lol

Ste100Centurions wrote: Meanwhile over at Odsal ....... Happy memories.... https://www.thetelegraphandargus.co.uk/news/10158880.pop-icons-such-as-belinda-carlisle-and-rick-astley-will-be-on-bill-for-may-event/ until https://www.thetelegraphandargus.co.uk/news/10609775.bulls-accused-of-chaos-at-concert/ and then https://www.thetelegraphandargus.co.uk/news/10623959.bulls-stadium-concerts-failings-detailed-at-review/ Back in the days when a curry magnet and a failed publican were seen as the messiah.......lol

Re: Dr Koukash to join Leigh Centurions : Sun Aug 29, 2021 8:32 pm  

nadera78 wrote:

Wasps lose millions every year and have been forced to refinance their debts a couple of times already because they were unable to make the repayments. They're not a success story at all.

Lol

They don’t lose millions every year. They make millions every year until Covid hit.

They actually had a profit of £10 million the year before Covid which is more than the entire profit of super league clubs since 1996.

Ergo, stop lying