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| I’m gobsmacked!
Absolutely incredible figures to achieve in the lower leagues without Sky monies.
I’m not quite sure how the RFL could possibly keep this club of Super League now. This pretty much puts the seal on it.
Thank you, SOC
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| We tick every box, that will do for me
Well done Steve O'connor and the club
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| Quote ="Pepe"The million pound loss was due to the massive restructuring that took place after SOC took over. That would not be an issue again – or at least not until such restructuring is required again.
'"
Good businessman that I have no doubt Steve O connor is , he would be getting the Queens award to industry with those figures
Turnover 2.5 million one year and make 1 million loss
Following year turnover 2.5 million and make 1 million profit
Cleverly done , brilliant ' PR ' , but utter rubbish
=#FF0000Do not swear. Chris.
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| Quote ="Starbug"No chance
, some serious massaging of figures there
Let me see , you post a million pound loss one year , then a million pound profit the next
Very clever I'll admit
'"
Green eyed monsters lurking around today. Gotta catch 'em all!
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| with all due respect starbug that is complete ass gravey. we actually had a similair turnover last year, but after laying out for what is now widely regarded as the best academy system in the country, paying of a large chunk of the previous administrations debts, and investing a huge amount in new seating and shiney big plasma screens all over the stadium, we made a loss last year. without any of those outlays this year, and with increased sponsorship these numbers are perfectly reasonable. oh and it also helps to have bought shares in the club many years ago and still be rather kindly receiving annual financial breakdowns from the current owners, even tho my shares are long since null and void. so yes, i have seen the numbers, Unlike you. not our fault your lot have orgasms just imagining figures like ours!
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| So many sour grapes over this announcement we could supply the world's MacDonalds with vinegar for the next century. God knows they need it.
Bloody dry chips.
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| Is it sad I am with the gf but sat with a huge smile on my face over the clubs books?
Who cares! We are Super League, we are Super League
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| Well done Widnes..Thats a great turnover and I hope it is right. If it is I think SL is yours.
However if you look at your average attendance of 2884 per game, that leaves alot of money found from other avenues.
2884 x £15 (assuming all adult) = £43,260.00
Based on 13 home games...
£43,260.00 x 13 = £562,380.00
With a turnover of £2,500,000.00
£2,500,000.00 - £562,380.00 = £1,937,620.00 to raise outwith of ticket sales.....quite a tall order even for a SL team.
Good luck with your bid and even if the estimates are not that accurate i'm sure you have a good sound profit and will be at the forefront for SL.
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| We iz well minted !!!!
In all seriousness.... Coming from a Widnes - sounds like "swear filter" "swear filter", or VERY VERY creative accountanting.... Wouldnt mind a shufty at those....
nes
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| Quote ="soss"Well done Widnes..Thats a great turnover and I hope it is right. If it is I think SL is yours.
However if you look at your average attendance of 2884 per game, that leaves alot of money found from other avenues.
2884 x £15 (assuming all adult) = £43,260.00
Based on 13 home games...
£43,260.00 x 13 = £562,380.00
With a turnover of £2,500,000.00
£2,500,000.00 - £562,380.00 = £1,937,620.00 to raise outwith of ticket sales.....quite a tall order even for a SL team.
Good luck with your bid and even if the estimates are not that accurate i'm
sure you have a good sound profit and will be at the forefront for SL.'"
More like £10 per person through the turnstiles accounting for kids and VAT which makes the revenue through fans down to around 400 K , so over 2 million from sponsors , merchandise and lottery
If they sold 10,000 replicas on the back of the NRC final they'd clear another 200 K at £ 20 each , but doubt they would have shifted more than half that , so say 100 K in merchandise
Realistically Widnes on gates of 3,000 will pull in around 1.2/3 per year , to double that they would have needed to make the Challenge cup final and ave 7/8,000 attendances
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| Boring, let's see Leighs books then pull them apart... Be pretty easy I guess!
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| Starbug the only place u havnt been spouting your envious rants is the TIW board...what between here and the VT i bet your fingers are at blistering point ,are they not ? Trolls these days eh....
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| Quote ="J20"Boring, let's see Leighs books then pull them apart... Be pretty easy I guess!'"
I,m not pulling anything apart , what has been reported is most likely what is in the books , not a problem , well done , over two years to basically break even in today's economic climate is an excellent achievement especially in our ' nothing to play for league '
As for Leighs financial position , well given that we have a 1,000 less coming through the gates and we haven't made a final , let alone anything else like sponsorship , I doubt it would make good reading , or at least as good as yours
I ll leave you to your GF , she must be getting a bit frustrated by now
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| Quote ="Starbug"More like £10 per person through the turnstiles accounting for kids and VAT which makes the revenue through fans down to around 400 K , so over 2 million from sponsors , merchandise and lottery
If they sold 10,000 replicas on the back of the NRC final they'd clear another 200 K at £ 20 each , but doubt they would have shifted more than half that , so say 100 K in merchandise
Realistically Widnes on gates of 3,000 will pull in around 1.2/3 per year , to double that they would have needed to make the Challenge cup final and ave 7/8,000 attendances'"
Must admit when I first received the text from ny brother in law I thought he must have got it wrong. However having a think about it I cant see why SOC would be so stupid to lie about the figures so they must be right. He wouldnt risk all the good work him and the team have put in since ho took over.
Like it or not, Widnes are now the benchmark for all clubs outside of SL andmost of the clubs in it.
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| Quote ="vikingminer"Starbug the only place u havnt been spouting your envious rants is the TIW board...what between here and the VT i bet your fingers are at blistering point ,are they not ?
Trolls these days eh....'"
Not envious at all , how long have I been ' singing your praises ' for your entry to SL ?
Your chairman is just crossing his t s and dotting his I s , which he cannot be blamed for ,
However don't be blinded , or you like many of our current SL colleagues will start seeing that nice set of clothes the emperor is wearing as well
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| Quote ="Starbug"More like £10 per person through the turnstiles accounting for kids and VAT which makes the revenue through fans down to around 400 K , so over 2 million from sponsors , merchandise and lottery
If they sold 10,000 replicas on the back of the NRC final they'd clear another 200 K at £ 20 each , but doubt they would have shifted more than half that , so say 100 K in merchandise
Realistically Widnes on gates of 3,000 will pull in around 1.2/3 per year , to double that they would have needed to make the Challenge cup final and ave 7/8,000 attendances'"
Do you know how much each sponsor is paying into the club and merchandise sales?People who are stobart spotters could be buying Widnes shirts,cups, etc.We had a few Challenge cup games, and Nr cup final runners up, and gate receipts.Merchandise for rail final so it is difficult for you to judge.
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| Quote ="OFFTHECUFF"Do you know how much each sponsor is paying into the club and merchandise sales?People who are stobart spotters could be buying Widnes shirts,cups, etc.We had a few Challenge cup games, and Nr cup final runners up, and gate receipts.Merchandise for rail final so it is difficult for you to judge.
'"
Look believe what you want , it is great PR for Widnes , and some good news for RL in general , when at the moment things are not good if rumours are to be believed , I me sure Red Hall will be pleased for that
But seriously , businesses don't go from loss to profit by 2 million without a massive increase in revenue/turnover
All the best
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| Last years loss was clearing debt and huge improvements to the stadium and youth set up, painted seats, players lounge area! No debts for the club whatsoever where as there where plenty when SO'C took over... Come on not hard is it!
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Quote ="Starbug"strange then that it was the Vat that refused the payment plan which ultimately led to London Broncos going into administration
I wonder who all those Vat cheques I used to sign went to ?'"
It is strange mate...
Rugby league clubs qualify for exemption from VAT!!!!!
customs.hmrc.gov.uk/channelsPort ... P529_37394
As you will see no VAT charged by clubs on entry fees....maybe you should have known what you were signing?
Just for the record VAT is a form of tax not a Governing Body...that would be the HM Revenue and Customs...
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Quote ="Starbug"strange then that it was the Vat that refused the payment plan which ultimately led to London Broncos going into administration
I wonder who all those Vat cheques I used to sign went to ?'"
It is strange mate...
Rugby league clubs qualify for exemption from VAT!!!!!
customs.hmrc.gov.uk/channelsPort ... P529_37394
As you will see no VAT charged by clubs on entry fees....maybe you should have known what you were signing?
Just for the record VAT is a form of tax not a Governing Body...that would be the HM Revenue and Customs...
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