If you think about it the salary cap benefits really just 2 clubs (And this is not a dig at them)

LEEDS RHINOS (100%)
HULL FC (To a lesser extent)

I think someone

worked out way back that at £ 1.65 Million a year there is money to be made out of RL lets look at thye facts there is no way that Leeds can spend the income that they make from Rugby League they have produced some fantastic local players over the last decade (Many very cheap) and all they really have to do is sign the odd Aussie/Kiwi on a decent salary Leeds have fantastic corporate surport and revenue steams that are second to none in SL (Not forgeting the rah rah cash from Twickenham) Hull FC maintain decent gates with some good local players and although the accounts only show a small profit i bet your bottom dollar there is no money being put in by the directors and its common knowledge that the club is up for sale (Wonder if the RFL will be paid their money backicon_smile.gif

Every other club bar these 2 are losing or just about breaking even or have a sugar daddy.

HULL KR We all know the situation there
WALKEFIELD Very difficult for them
CAS Same as Wakefield
BULLS Really having a bad time
WOLVES Thank god for Simon Moran the man is a legend
Wigan Same as Wolves with Lenegan
Quins For Lenegan read Hughes
Saints Until the new stadium is built lose money every year
Reds Wilkinson incredible League man
Dragons Rely on Sky/Away fans/Maire
Crusaders/Geoff Moss
Giants/Ken Davy

So everyone bar Leeds/Hull FC will continue to break even or lose money the bottom line is for the RFL read RHINOS/HULL FC they are the real people that run RL in the UK and as Arthur Daly said ITS A NICE LITTLE EARNER

so why change things we can make money and there will always be someone who comes along to prop the others up.

your a genius...you're wasted in internet messageboard...go become a MP or something

He ought to be a twin, he's certainly too many brains for one

I haven't got time to pick through the holes in that post, there are so many. I'll just assume we all see the flaws and move on.

I think Wire and Wigan will both post a profit this year.

Fingers crossed.

If the salary cap wasnt there then Leeds, Hull, Wigan and Warrington would have more money to spend of players.

So you could say the salary cap is resricting these clubs?

Cas same as Wakefield? Tell that to the tax man!

The trick in business is not to make a profit as you have to pay tax on it. Profit is only good when it is a public company that is paying dividends to share holders. If a club is owned by its directors(ie they are the main share holders) They get tax releif on the money they invest in the club, they can take a good wage as a director which is shown as a cost against the company. if they get it right the only tax is VAT on tickets, merchandise & catering sales,PAYE & national insurance from paying wages. The trick is not to be greedy. Thats my understanding of how it works.

Oh dear god. There is so much wrong with that paragraph its untrue.

Like what?

We're up for sale? New one on me that!
I ain't bothering pointing out the rest of the BS in there, it's pretty easy really!

Try explaining that to the carpet fitter who regularly comes on the Leeds boards banging on about attendances. Whilst he’s willing to accept that Leeds do better on the field than Hull FC. Off it Hull are the leading lights in recruitment, business, attendance and more!

However The Brother has been suspiciously missing since we battered his team two weeks in a row in the league and challenge cup. Still feel free to add more onto the theory that Leeds are doing much better than Hull FC off the field and on it because he could return anytime soon!

IL stated at the last fans forum if we reach a final we will make a modest profit and if we do not manage to reach a final we will post a modest loss for 2010.

Sherwins money went on the fines did it

Na we sold scrap we pinched from Hicksons to Eric France to pay for that



Sherwins money went on restocking the bar he drank dry.