Post new topic Reply to topic  [ 112 posts ]  Go to page 1, 2, 3, 4, 5 ... 12  Next
Author Message
 Post subject: Accounts
PostPosted: Thu Sep 05, 2019 8:39 am 
Silver RLFANS Member
Silver RLFANS Member
User avatar

Joined: Mon Feb 21, 2005 10:14 am
Posts: 7202
Location: The Mighty Wigan
https://beta.companieshouse.gov.uk/company/00174692/filing-history

A loss of £1.4 million- ugly stuff. Particularly the part where the auditors expressed 'material uncertainty' about the ability of the company to continue.

I like everyone was happy to see marquee players brought in for next year but is it viable?

Top
 Profile  
 
 Post subject: Re: Accounts
PostPosted: Thu Sep 05, 2019 9:21 am 
Gold RLFANS Member
Gold RLFANS Member
User avatar

Joined: Sat Mar 15, 2008 3:09 pm
Posts: 13880
It's forgivable to see why IL battened down and moved on expensive assets.
Wane pointed out as responsible, with crowds down around 1/3 under his tender?






once a wire always a wire

Top
 Profile  
 
 Post subject: Re: Accounts
PostPosted: Thu Sep 05, 2019 9:26 am 
Gold RLFANS Member
Gold RLFANS Member
User avatar

Joined: Mon Jun 20, 2005 12:30 pm
Posts: 14253
Location: Listening to the reggae band, Jihad
So the club owes IFL ~£5.3M?






"Ich bin Ausländer"

"This song is for all you people in the back, its called 'Hard To See'"
Ivan Moody, 5FDP, Reading Festival 2016

Top
 Profile  
 
 Post subject: Re: Accounts
PostPosted: Thu Sep 05, 2019 9:48 am 
Gold RLFANS Member
Gold RLFANS Member
User avatar

Joined: Sat Jul 16, 2005 3:05 pm
Posts: 13583
Not cool. We need to reduce costs if we can't improve attendances. God knows what state we will be in if we stop making finals regularly.






Frank Zappa wrote:Some scientists claim that hydrogen, because it is so plentiful, is the basic building block of the universe. I dispute that. I say there is more stupidity than hydrogen, and that is the basic building block of the universe.

The_Enforcer wrote:Most idiotic post ever goes to Grimmy..... The way to restart should be an arm wrestle between a designated player from each side.

Top
 Profile  
 
 Post subject: Re: Accounts
PostPosted: Thu Sep 05, 2019 9:52 am 
Gold RLFANS Member
Gold RLFANS Member
User avatar

Joined: Thu Sep 26, 2002 12:57 pm
Posts: 10767
Location: Much too far South
[Gareth] wrote:So the club owes IFL ~£5.3M?


Yup, and c.£800k to Barclays.

Absent a transformational new TV deal, the only real solution is to get crowds up. The club still would have lost c.£1m playing rent free and it isn’t feasible to find that in the playing budget, so it looks like something fundamental is needed operationally.

Top
 Profile  
 
 Post subject: Re: Accounts
PostPosted: Thu Sep 05, 2019 10:19 am 
Free-scoring winger
Free-scoring winger

Joined: Mon Feb 01, 2010 5:45 pm
Posts: 1223
Location: Under New Springs bridge wit' rest of trolls
Looks like we're going to need crowds to go up by 2/3k per match next season, problem is it's incredibly difficult to entice fans back once they've got out of the habit of going to a game. Not good at all.

Top
 Profile  
 
 Post subject: Re: Accounts
PostPosted: Thu Sep 05, 2019 10:44 am 
Gold RLFANS Member
Gold RLFANS Member
User avatar

Joined: Thu Oct 17, 2002 12:07 pm
Posts: 31109
A very poor set of results no doubt with issues that need to be addressed. the stadium rent however isn't the main one. £300K isn't a lot to pay for a stadium of that quality when you take into account the running costs involved.
The Australia trip was a risk, very enjoyable for those like me who went, but the publicity/promotion of the second games was almost non-existent, plus playing it at the ANZ didn't help. A more Sydney central location like the Sydney Football Stadium would probably have been better attended.

The shareholders meeting should be interesting!!






SAINTS THE ORIGINAL AND PERENNIAL CHEATS

For sale full Saints kit (circa 1989). Shirts in pristine condition, but shorts badly soiled.

For 27 - 0 you get a trophy
For 75 - 0 you get sod all.

Wigan had eight in a row
Saints have five in a row

Top
 Profile  
 
 Post subject: Re: Accounts
PostPosted: Thu Sep 05, 2019 11:09 am 
Bronze RLFANS Member
Bronze RLFANS Member

Joined: Sun Nov 19, 2006 12:25 am
Posts: 3607
Location: Just about to go do some work!
Will this put to bed the "tight" digs at IL from some quarters? Somehow I doubt it. That we have announced the signings we have for next season is astounding given these figures. It's time for fans to get behind the club and stop looking for reasons not to go.

Top
 Profile  
 
 Post subject: Re: Accounts
PostPosted: Thu Sep 05, 2019 12:07 pm 
Free-scoring winger
Free-scoring winger
User avatar

Joined: Tue Jul 15, 2008 5:07 pm
Posts: 1507
Location: God's little acre
Phuzzy wrote:Will this put to bed the "tight" digs at IL from some quarters? Somehow I doubt it. That we have announced the signings we have for next season is astounding given these figures. It's time for fans to get behind the club and stop looking for reasons not to go.


I tire of people slagging off IL for being "tight".
I don't know many fans or potential investors who would stump up the money as IL.
The new Robin Park set should improve income streams however, it's pretty apparent as someone as already stated we need an extra two to three extra speccies for every home game.
The impairment cost on Edge Hall Road is a little surprising.

Top
 Profile  
 
 Post subject: Re: Accounts
PostPosted: Thu Sep 05, 2019 12:31 pm 
Bronze RLFANS Member
Bronze RLFANS Member

Joined: Sun Nov 19, 2006 12:25 am
Posts: 3607
Location: Just about to go do some work!
Itchy Arsenal wrote:I tire of people slagging off IL for being "tight".
I don't know many fans or potential investors who would stump up the money as IL.
The new Robin Park set should improve income streams however, it's pretty apparent as someone as already stated we need an extra two to three extra speccies for every home game.
The impairment cost on Edge Hall Road is a little surprising.

If only that's all it would take mate! :lol:

I agree. Some of of the stick IL receives is utterly ludicrous. For the most part, though, it comes from people who readily admit that they don't attend matches, which beggars belief. I've heard all sorts of reasons why people supposedly don't go but the main 2 have been lack of quality signings and playing style. Well, the Club has looked to address both these issues for next season so it will be interesting to see if the 'stay away fans' actually reciprocate and dip their hands in their pockets. My guess is they'll chose to populate forums and social media regaling us with their collective wisdom on what's wrong with the club. :roll:

Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 112 posts ]  Go to page 1, 2, 3, 4, 5 ... 12  Next





It is currently Mon Oct 21, 2019 2:59 am

Retro.rlfans.com is no longer supported, we suggest that you try www.rlfans.com or i.rlfans.com or m.rlfans.com

Who is online

Users browsing this forum: ArcticGorilla and 116 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  


It is currently Mon Oct 21, 2019 2:59 am
POSTSONLINEMEMBERSRECORDYOUR TEAM
4,968,77291077,8584,559SET
LOGIN HERE
or REGISTER for more features!.
ALL SCORES PROVIDED BY RLFANS.COM (SETTINGS)





28

.