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| Quote ="Leon Ashton"What happens when your money man gets bored?'"
So Widnes should just tell SOC to do one - just because one day he'll pack up and leave? What happens if he stays for 20 years? Ours hung around for about 10 years and look at the glory we had. This whole thread is embarassing. We are the last set of fans who should be scoffing at other clubs' finances. This forum has gone from the status of "The Guardian" to "The Daily Sport".
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| Quote ="Leon Ashton"What happens when your money man gets bored?'" He wont he is a fan now and stands with the fans in away games.
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| Quote ="Leon Ashton"What happens when your money man gets bored?'"
He'd leave a fantastic set up that would be debt free for the next man
He's a great man for the CLUB and what he is doing is 100% for the club and not for his own wealth, he offered the RFL 500K on the basis of if he ever left that would secure the Vikings in Sl!
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| Why are people making a issue of this and be nice to see halifax and other teams finances.I sure they nothing special in turnover?To be honest i think ste o connor is hear for a number of years as he enjoys rugby league and widnes.
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| we never see our own finances and always rumours of people being owed etc so why have a go at other clubs.
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| Quote ="Starbug"Not really , basically it cost Steve O Connor close to a million quid to clear various debts , set up staffing levels, pay for a SL licence application and buy a load of new seats for 2 sides of the ' Stobart '
With a turnover of close to a million they should be breaking even this season or potentially making a profit with the NRC appearance'"
i could be wrong but didnt going into admin clear there debts ,so that oconnor could take over with out having to stump up for the previous BOD failings
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Club Owner | 33944 | No Team Selected |
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| The basis of those figures [ the 917 K turnover is down to people through turnstiles
Widnes dont own the Stobart but it was quoted that the Stobart sponsorship pays the rent [ which will be in the turnover figure giving them a flat starting point
Until that figure 900 K [ equating to 4,000 ave gates is reached in the Championship no club in the Championship should be considered as viable in SL , that includes expansion clubs as well
And I am talking about paying spectators , not freebies
The question is , how do we get to that figure , effectively doubling our attendances ?
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| Quote ="haven4ever"i could be wrong but didnt going into admin clear there debts ,so that oconnor could take over with out having to stump up for the previous BOD failings'"
Most probably the usual IR,Customs and Revenue
Some would have been paid some if not all that was owed
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| Quote ="Starbug"The qiuestion is , how do we get to that figure , effectively doubling our attendances ?'"
We win trophies and bring entertaining rugby league to the club. OK. Leigh have had a setback in that regard but Fax still have a chance this year. People will watch sustained success. If Fax or Leigh are at the top of the pile for three or four years they will attract a hardcore of support - hopefully close to the 4,000 mark. Obviously this has to go hand in hand with promotional expenditure and quality marketing but it can be done.
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| Quote ="littlerich"We win trophies and bring entertaining rugby league to the club. OK. Leigh have had a setback in that regard but Fax still have a chance this year. People will watch sustained success. If Fax or Leigh are at the top of the pile for three or four years they will attract a hardcore of support - hopefully close to the 4,000 mark. Obviously this has to go hand in hand with promotional expenditure and quality marketing but it can be done.'"
without a doubt it can be done, history tells us that.
I believe Fax have a massive latent support that will be attracted back to the club with 'success' on the pitch.
Besides the recent blip, were going in the right direction.
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| Quote ="haven4ever"i could be wrong but didnt going into admin clear there debts ,so that oconnor could take over with out having to stump up for the previous BOD failings'"
It doesn't clear the lot... 'offers to buy the club' are how much of debt you'll pay off... when Leeds United went into admin Ken Bates bought them back on the basis he'd pay something like £1 for every £100 owed etc.
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| Quote ="hoofhearted"snowy is a leigh fan, he's not trying to get involved in any bickering between widnes and fax and whose dick is the biggest, but merely pointing out that halifax (and any other heartland championship club) have to increase their attendances to widnes' level to even stand a chance of an application to sl to be successful'"
So is Starbug but wherewereyou doesn't know this yet, unless it was posted after page one which was when I gave up on this thread
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| Quote ="paulifax"So is Starbug but wherewereyou doesn't know this yet, unless it was posted after page one which was when I gave up on this thread'"
I aren't wanting to get drawn into a pi??ing contest, just genuinely suprised the the no1 contenders for s/l have posted such dire financial results.
But it has been made crystal clear that these results are just a one off and everything is now sound with the club financially.
Hope 2 s/l licences are up for grabs 2012.
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| Quote ="littlerich":2gq9tu2f:2gq9tu2fWe win trophies and bring entertaining rugby league to the club.:2gq9tu2f OK. Leigh have had a setback in that regard but Fax still have a chance this year. People will watch sustained success. If Fax or Leigh are at the top of the pile for three or four years they will attract a hardcore of support - hopefully close to the 4,000 mark. Obviously this has to go hand in hand with promotional expenditure and quality marketing but it can be done.'" :2gq9tu2f
Not what I am getting at , yes we all want to see good attacking RL and that is my biggest dissapointment from what I have seen from Leigh this year, as all the other clubs apart from Donny have played much better RL than us
But only one or two clubs can win things and we need all the clubs to increase attendances , this really is the key to all our survival
We need to increase the atmosphere at the games as that is what is lacking most [ except at Gateshead , they prefer it to be like a morgue , but in basic terms , understandable to a normal person [ not an accountant , but in basic terms , understandable to a normal person [ not an accountant they set up a new business , the set up costs were 900K , in their 1 st year they brought in around 900K and they spent 1,000K , so lost 100K
In their 2 nd year they will not incur set up costs therefore will lose a little 100K [ relatively speaking or they might make a little 100K [ relatively speaking on a turnover of around a million pounds'"
Sorry, I miss where the £900k set up costs appear! If £900k was spent on set up costs (which seems alot (the £837 asset cost is a separate issue)) then yep, going forward the club will be losing about £100k a year.
Whatever the situation, I think it's sour grapes by some on here to scoff, I remember when Tony Gartland was our leader and our salary costs amounted to 95% of our turnover! It doesn't take a rocket scientist to realise how much money we were losing and how reliant we were on Mr Gartland's money when it came to buying the likes of Preston and Harrison. Good luck to all other clubs with financial backers, I wish we had the same, but that's not criticising the fantastic effort put in by the current Halifax Board.
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| Quote ="Tony Fax"Don't agree with this, Starbug. The £837k would have been capitalised and not part of expenditure, so the loss of £986k is infact a "real" loss. And if you're talking of "real" losses, if the £837k was classed as an expense then the real loss would infact be £986k plus £837k = £1,823,000. Now that ... for a RL club of Widnes's size ..... really is shocking.'"
Don't agree with this, Tony. The £837k, if it was spent on Superleague applications and the like, created no asset and is correctly part of the loss.
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| Quote ="griff1998"Don't agree with this, Tony. The £837k, if it was spent on Superleague applications and the like, created no asset and is correctly part of the loss.'"
It says in the link that £837k was spent on fixed assets so doesn't form part of the loss.
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| Quote ="Tony Fax"It says in the link that £837k was spent on fixed assets so doesn't form part of the loss.'"
Stop going on about widnes finances.I love to see halifax show their finances.I bet you do not get a turnover of gate receipts and sales of merchandice etc like widnes.We also get money from corporate executive boxes.We have not been at the top of the table like halifax and 5th postion tells the story.With sunday games, more will go next year.Do not get me wrong i like to see a strong fax and leigh, as good for the league.
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| Quote ="Soldierboy"Stop going on about widnes finances.'"
I'm "not going on" about owt, I'm correcting a query, you div.
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| Show me another club which gets close to a 1 million turnover, actually show me the Halifax's books.
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| Quote ="-VIKINGMAN-"Show me another club which gets close to a 1 million turnover, actually show me the Halifax's books.'"
I'm surprised they already haven't already shared them with you, sir.
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