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International Board Member | 16601 | No Team Selected |
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| Quote ="Alan"The down side of that being, that most of these companies and individuals are locals, who sponsor the team. Any future owner would find it somewhat difficult to obtain sponsorship from the said companies and individuals.'"
The only real debt would be Dereks, he will get some Tax benefits from administration regarding the loans owed, LSV will be owed the disputed element the rest would be contracts
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| Does the Club own 11% ? of the LSV Stadium, sure I saw it posted here not too long ago !
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International Board Member | 16601 | No Team Selected |
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| The club would benefit from 11% of LSV profits
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Player Coach | 5219 | No Team Selected |
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| How much is the 11% worth if they were sold?
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International Board Member | 11989 | No Team Selected |
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Oct 2002 | 22 years | |
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| Quote ="maurice"The club would benefit from 11% of LSV profits'"
Do we know if LSV have ever made a profit yet?
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Club Captain | 1095 | No Team Selected |
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| I know we trying to sign players but none want to commit to leigh and you can’t blame them really
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| Quote ="Montyburns"I know we trying to sign players but none want to commit to leigh and you can’t blame them really'"
Looks like Darth dirk is staying then
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| No freebies then J
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| Zzz , im not him mr short arm's deep pockets
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Club Coach | 13012 | No Team Selected |
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Jun 2005 | 20 years | |
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| Quote ="maurice"No freebies then J'"
J?You have said this more tha once.
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| Quote ="reffy"How much is the 11% worth if they were sold?'"
£7.15 Million.
Thats 11% of the stadium.
LSV 11% ..
£13.42 Million.
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| Atomic.
You said that an offer of £65M had been made by one prospective investor for the Stadium, however IIRC the build cost was nowhere near that & it's value even today is probably nowhere near that.
Also, who do we know apart from the cranes guy who has ever offered to by the Stadium ?
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| Quote ="Ste100Centurions"Atomic.
You said that an offer of £65M had been made by one prospective investor for the Stadium, however IIRC the build cost was nowhere near that & it's value even today is probably nowhere near that.
Also, who do we know apart from the cranes guy who has ever offered to by the Stadium ?'"
I said that had been declined, as in buy all or nothing. The paperwork as I'm aware was ready for signing months ago at £122 million pound..
Build cost? You build things to make a loss?
House's cost quite a bit these days.. Probably 10 fold they were built for.
Your thought of new build £50M is well out of range for selling.
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Club Coach | 391 | No Team Selected |
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| Quote ="atomic"I said that had been declined, as in buy all or nothing. The paperwork as I'm aware was ready for signing months ago at £122 million pound..
Build cost? You build things to make a loss?
House's cost quite a bit these days.. Probably 10 fold they were built for.
Your thought of new build £50M is well out of range for selling.'" i know this is a silly question but would it not be cheaper to build a new ground somewhere than pay the said 65 million pounds
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Club Captain | 1095 | No Team Selected |
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| Should of stayed at Hilton park loads of great memories playing on that pitch and it’s just overgrown wasteland now. Even dogger might come out of retirement and get hot dog stall back out
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International Star | 2794 | No Team Selected |
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Jun 2013 | 12 years | |
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| Quote ="gunners guns13"i know this is a silly question but would it not be cheaper to build a new ground somewhere than pay the said 65 million pounds'"
It probably would be gg13, however why would Wigan MBC ever pass plans for a new stadium in the Borough for Leigh RL ? to do so would be to kill the LSV which would then become a mothballed white elephant. Any new stadium would have to be on land over a border in another borough !
I have thought about the redevelopment of Leigh Miners for shared use RL (don't know why I thought of it) but it wouldn't be big enough & again Wigan MBC A would block it !
I am not sure why Wigan MBC would force the buying of "all or nothing" , are we talking about, Stadium, Leigh East, Leigh Barriers & Sports Centre or more than that *Atomic* ? If more than that then what more, the hotel *which is privately owned* what else is there ?
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Club Captain | 130 | No Team Selected |
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| The only shareholder of Leigh Sports Village Ltd is Wigan Council source Companies House
the company made a trading loss of £119,584 before tax up to year end 31st March 2016 with current liabilities of £532,189 Wigan council have loans of £247,000 and £342,000 outstanding and have confirmed they will provide working capital for the coming 12 months in line with current projections and forecasts
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International Star | 21896 | No Team Selected |
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| Quote ="scrum"The only shareholder of Leigh Sports Village Ltd is Wigan Council source Companies House
the company made a trading loss of £119,584 before tax up to year end 31st March [u1916[/u with current liabilities of £532,189 Wigan council have loans of £247,000 and £342,000 outstanding and have confirmed they will provide working capital for the coming 12 months in line with current projections and forecasts'"
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Club Captain | 130 | No Team Selected |
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| Quote ="Cokey"icon_eek.gif'"
2016 slip of the finger
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International Board Member | 16601 | No Team Selected |
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Aug 2002 | 22 years | |
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| Quote ="scrum"The only shareholder of Leigh Sports Village Ltd is Wigan Council source Companies House
the company made a trading loss of £119,584 before tax up to year end 31st March 2016 with current liabilities of £532,189 Wigan council have loans of £247,000 and £342,000 outstanding and have confirmed they will provide working capital for the coming 12 months in line with current projections and forecasts'"
2017 in SL should balance those books.
There is a total debt on the business then of £532k, with zero mortgage as it was debt free due to swapping Leyth land for a Leyth facility. It should be offered to a non profit making non council Local organization to run for the benefit of all Leyth. Centurions should be granted the same benefits as others, eg Scarlets, 99 year rent free and all match day income
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Club Captain | 130 | No Team Selected |
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May 2017 | 8 years | |
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| Quote ="maurice"2017 in SL should balance those books.
There is a total debt on the business then of £532k, with zero mortgage as it was debt free due to swapping Leyth land for a Leyth facility. It should be offered to a non profit making non council Local organization to run for the benefit of all Leyth. Centurions should be granted the same benefits as others, eg Scarlets, 99 year rent free and all match day income'"
I expect the dept to Wigan council to have increased during the 2017 SL season unless DB has paid the overdue rent since his last statement.
The accounts for Sporting Club Leigh Ltd up to the 31st December 2017 and due at companies house by the 30th September 2018 are marked 'OVERDUE'
The 11% shareholding in the LSV I think is being confused with the 11% of the profits from Bar and Food sales on match days
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International Star | 21896 | No Team Selected |
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Club Captain | 2418 | No Team Selected |
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Mar 2016 | 9 years | |
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| Quote ="Montyburns"Should of stayed at Hilton park loads of great memories playing on that pitch and it’s just overgrown wasteland now. Even dogger might come out of retirement and get hot dog stall back out'"
Not possible , WMBC made it quite clear , sign up to play at LSV or Hilton Parks safety cert would be reduced to 1000 capacity
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Club Captain | 2418 | No Team Selected |
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Mar 2016 | 9 years | |
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| Quote ="reffy"How much is the 11% worth if they were sold?'"
Irrelevant as anybody daft enough to pay 100 odd million for the whole LSV complex would no doubt buy the ' club ' as well , so there wouldn't be a cash windfall for the club , just 11% back to the purchaser
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International Board Member | 16601 | No Team Selected |
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Aug 2002 | 22 years | |
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| Quote ="scrum"I expect the dept to Wigan council to have increased during the 2017 SL season unless DB has paid the overdue rent since his last statement.
The accounts for Sporting Club Leigh Ltd up to the 31st December 2017 and due at companies house by the 30th September 2018 are marked 'OVERDUE'
The 11% shareholding in the LSV I think is being confused with the 11% of the profits from Bar and Food sales on match days'"
The 11% is for LSV profits should they make any not bar takings, my understanding is that no rent is overdue for 2017. Stewarding/rent for Batley game in dispute plus whatever is unpaid this season if anything.
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