Where have we lost 7 million pounds ????? link or copy of balance sheet please

I heard it on boots and all, that David Hughes had been pumping money in like there was no tommorow,Up to 7 million out of his own pocket, and business side still wasnt working and he had to pull out.And then i read that the wigans ian lenagan couldent get rid of his shares as the business wasnt making anything but losing.
I will leave it at that then not starting an argument good luck,Sounds to me like every 1 is going over the top about this then.
Im of back to our board as we have, exiting times ahead at widnes now, going good and should be joining u 2012

Wrong again sherlock!
We have a backer who owned 35% of the club was having to cover 100% of the losses. As it is, we have no losses as he has covered them.......operational losses, yes, but name me a SL club who hasn't got a red balance sheet. We have plenty of cash (DH does). What was questioned was why Ian Lenegan was allowed to hold the club to ransom over his investment.
I repeat..no loans, no overdraft....pretty healthy so long as DH is prepared to invest.

SO DO WE......

....but all our bills are paid, as are the wages.......thank god for DH........kind of like Mr O'connor at Widnes.

. No.......no rules have been broken...we have plenty of cash available but the issue of lenegans share holding needed to be sorted...it has been!

Now I know you are mad!

as b0ll0x goes...this post is up there with the best.
David Hughes has not pulled out....he has managed to get the RFL to sort out IL. DH has invested his own money, but was no longer prepared to invest on IL's behalf as well. IL was living in a dream world if he thought he was going to get a ROI on his investment...and the RFL have told him as much. He gave assurances he would get rid of his quins shareholding, he didn't. As I say, Wigan should be punished


As for going OTT......they say ignorance is bliss, so no wonder you're so happy.

Fair enough gutter-fax ,Like i said i think every 1 is going overboard with all this, if it is as you say,They need to read the small print before jumping in, bye for now, and yes prob mad thinking u would beat warrington but wishful thinking on my behalf

and that is my point.....we have no debt as DH has been our saviour over the years. As Leneghan was the majority shareholder DH's hands were tied. I suggest you should read or listen to things properly and not do what most of the other northern trolls do, twist what you read or hear to suit your own fantasies !!
You've obviously not seen tonights BBC news.......Widnes has been invaded by martians, Salford have just been bought out by the Glazer family, oh and let's not forget that the Queen is pregnant and Steve Ganson is the father.......remember you heard it here first !

Carry on backpedalling to where you need to go.............

I know its your board but that wasnt called for, i for 1 was getting to understand the situation of gutter-fax

It took you long enough to understand it

.......Tatty bye chuck

bye

thought you were going back to your own board ? You can't have much to say on there 'cos the majority of your posts have been made on here......



Now lets see total of about 11 posts, 10 in total on the Quins board, about six on just this thread....now that just leaves one.....oh that was on the Wakey board wasn't it, discussing.....Oooh getting Quins out of Superleague.............you've not actually posted on your own board yet.....lots going there then.....just like you said. You also edit your posts quicker than Monica Lewinsky went down on Bill Clinton...........please don't call me a troll you say.......ok then....you're a fooking troll........

Every one on here will know of people who at one time went to every game, bought every shirt, cheered every try. People who now don't go to even the games against the big guns. Only my opinion of course, but I don't think it's actually much to do with the product on the field (as bad as that has been at times) and more to do with the continued mismanagement of the club, the feeling that there is no serious plan for the future, that it's just lurching from one week to the next. People can put up with poor performances, but the sense that the club is actually dieing and yet completely unable to recognise that fact and act upon it, is something else. Eventually it wears people down, even the most ardent fan.

(Some people obviously drifted away with the Quins link up, and I'm not going to criticise anyone for doing that, we all know the history between the codes and also the way things ended when the Broncos played at the Stoop.)

This really is last chance saloon, no doubt about that. The starting point is that attendances need to improve and soon. It must surely be easier to get old fans to come back than to attract people completely new to the game? If they could show that they were getting to grips with the problems that have beset the club over the last x years then perhaps that would encourage people to return?

Hey you did u see your name there No i was on about celtic crusaders u fool.......I will go back now o before i go for good, as your 2 arrogant for me.This is just for u.you might be in super league but you have never won fffffffffffff alllllllllllllllllllllllllllll.O i forgot 1982- 83 division 2 champs.Widnes Rugby League Champions
1977-78, 1987-88, 1988-89

Challenge Cup Winners
1930, 1937, 1964, 1975, 1979, 1981, 1984
Runners Up, 1934, 1950, 1976, 1977, 1982, 1993

Lancashire League Winners
1919-20

Lancashire Cup Winners
1945, 1974, 1975, 1976, 1978, 1979, 1991
Runners Up, 1929, 1940, 1956, 1972, 1982, 1984

Regal Trophy Winners
1976, 1979, 1992
Runners Up, 1975, 1978, 1980, 1984, 1989

Premiership Winners
1980, 1982, 1983, 1988, 1989, 1990
Runners Up, 1978, 1991

Western Division Championship
Runners Up, 1962-1963

BBC Floodlit Trophy Winners
1978
Runners Up, 1973, 1974

Charity Shield Winners
1988, 1989, 1990

European Champions
1989

World Club Champions
1989

Northern Ford Premiership Grand Final Winners
2001

National League 1 Grand Final
Runners Up, 2006, 2007

Northern Rail Cup Winners
2007, 2009
eat my



you fool.ps i took my post back as i never wanted an argument but you did.
Soz to all the other nice quin fans.But you have problems

OK then we'll ignore the post on the wakey board then, that makes 100% of your posts have been to us, getting the wrong end of the stick, and wishing we had points deducted, were relegated etc......oh and Yeah, the 70's and 80's were good times for Widnes.......................................

Think its you who is the troll Stalking my posts what are u like at all lol.paranoid springs to mind,Faces come out in the rain when your strange when your strange when yourrrrrrr strrrrrange lol bye for good sad act

Ta Ra chuck, Corrie repeat must be on in a minute, or is it whippet racing or ferret dangling on telly tonight........

You spanner.
My Grandfather fought in WWI.....but guess what, I am not Andy McNab.
Widnes used to be a great team...they went bust and are currently in the 2nd tier of European Rugby League....

Hope you get some positive news on Friday,as I,ve said on here before I enjoy coming down for the Quins games and have had many a chat with fans in and around the ground,before during and after games.
If as has been mentioned somewhere on here the RFL have forced IL to relinquish his shares,are they being given to Hughes,or just held to give him full control,or indeed has he found a buyer to share in the investment.
What most of the other Guests that come on here and post about your place in SL should realise that very few SL clubs run at a profit,IN fact I think this year MY team are the only ones doing so.
Without the likes of messrs Hughes ,Lenaghan,Davey etc pumping money in very few would be viable on the crowds that are coming through the turnstiles,and most are just grasping at straws because promises were made in the last franchise round and they were not acted on.Now it looks like the chickens are coming home to roost they get all indignant.
Best of luck and see you next year.

is ingrained, some of the London supporters over the years have just drifted away from the club and the sport as other issues take priority in their lives.

What intrigues me is that the provision that the RFL can force someone to dispose of their shareholding in a club would seem to really exist. A certain person not unconnected with the non appearance of Stevo as coach and us nearly losing Struddy before he arrived was talking about this in the late eighties but I tended to ignore him as it was connected with his personal vendetta against Roy Close.

I can't buy into this - people drifting away because of the mis management of the club. Liverpool FC are being mis managed big time but they still get full houses, anti glazer faction at Man U set up another club but Man U still get full houses. Wigan under Mo for the last years would seem to be mismanaged but attracted big crowds.

How has the club been mismanaged? It seems to me that with the resources available they have put out the best team they could but in Gutterfaxs world that meant that there was no money to invest in the m word and build crowds that way. Now there is an arguement that a winning team more than marketing would increase crowds but that is a whole new debate. So mis management? If that means an underesourced back office and systems then yes I would agree - but I guess what money there has been has gone to the team.

I would tend to agree with Homers later post - people's lives change and other priorities come along, coupled with an unsuccessful team and the club not being ingrained in people.

Myself - I love the game and would obviously prefer us to be winning, but the love of the game means I carry on.

Not sure what you mean as I believe it is simple and there is no intrigue at the least? any governing body can have it's own rules and bye-laws and if you sign up to them, then you are deemed to accept them and should adhere to them. Do the Premiership not have the same ruling and no one in football seems to get upset about it?

IL was given a time period to dispose of his share in the club, during that time he made no financial input as far as we are aware, meanwhile DH was left to carry all of the burden with his much lesser share. Is sport not like any business owning shares in any company is a risk and you accept that. The Radio Station I worked all my career for was the first to float on the market at around £6 and at one time they dropped to at under 50p, many staff panicked and sold at 75p, some were wise and then bought in even more in there thousands and made a killing when in time the recovered. No it is right that IL should be forced to dispose and he should accept he is not going to get top dollar, it does not help when their is little assets!

The period you go on to talk about is pre-Super League and the game was run much differently then.

This from a (self-proclaimed) marketing expert is quite ridiculous. Any supporter going away is a loss.



The numbers may be about the same, but the people aren't. Of the bunch of people, all of them committed season ticket holders for a number of seasons, who used to sit in the same patch as I did a Brentford, only about 25% now attend. Yes, some of them have moved to other parts of the country, but many haven't, they've just given up on the club. If we'd retained all of those and you could apply the same percentages across other supporters, we'd have regular gates of 5,000 now (which was always Nic Cartwright's Holy Grail).

Ah says g'fax, these were not "true fans". Total rubbish!

Back on thread...........none of us know quite what will be announced on Friday.

I am as guilty as many others for moaning and groaning about the club`s situation, but whatever our plight David Hughes deserves to be given our full support and we should show our appreciation on Friday. The man has given so much to keep this club afloat over the years, can we not for once drop the marketing debate from a thread and focus on the huge positive which is David Hughes..........you can market all you like but no DH = no club.

So what could be the positive news – debate ….

Quins RL financially viable for 2011 and beyond ?

Quins RL announce new multi millionaire investor ?

Quins RL taken over by union club ?

LMS resigns for Quins RL ?

Luke Dorn leaves for Saints ?



Quins RL sign Steve Menzies and a top class scrum half ?

Quins RL announce John Kear as their new coach ?

So come on what else might there be out there ....

I think all it will be is taht we are carrying on next year - beyond that who knows unless another fairy godperson with a bag of cash turns up.