I see London's sugar daddy, David Hughes, has had enough and wants to sell the club. Probably explains why their 2023 accounts still haven't been filed, being nearly a month overdue. So I'll give you London's 2022 results - an eye watering £27.3 million net liabilities and a £1.5 million loss.
So I've no idea how much Hughes is expecting to get from the "sale". He'd struggle to give it away IMO.
Therefore, in summary, assuming London's financial position didn't improve in 2023, they take the prize for being the most heavily in debt at £27.3 million, overtaking Huddersfield's £15.7 million with Wigan in 3rd at £10.5 million. Leeds are the richest with net assets of £11.4 million but that includes their ground at almost £9 million. likewise Cas in 2nd with net assets of £4.1 million which includes the ground of £8.2 million and Saints in 3rd with net assets of £2.2 million but including a ridiculously valued lease of £31.7 million.
Overall a right mess. Now I know why they used to call the promotion decider "the million pound game", because that's how much you would expect to lose each year in Super League.
