Re: Salford, Hull KR... : Sat Jan 19, 2013 6:38 am
Father Ted wrote:
The new investors at clubs are not throwing money at their own place.
Wigan make a profit with Lenagan in charge.
Moran makes a profit at Wire.
Saints will go into profit 2013 McManus has said.
Caddick makes Hetherington get a profit out of Leeds.
Khan will make a profit in a year or two after his investment.
Davy is trying to do the same at Hudds after underwriting losses.
Pearson will have HullFC making a profit, not difficult there .
The days of major benefactors pouring money down a Rugby League drainhole are mostly gone or very much on the way out.
They are all running their clubs on the basis of well run commercial outfits.
My club, Wigan, are now making yearly profits and winning trophies. Leeds and Wire are doing the same.
If clubs continually lose money the day of financial reckoning will come. Make a profit and you're in business forever.
I do think this generation of club owners are very good for their own clubs and Rugby League in general.
I do wish you good fortune in turning the finances around.
Wigan make a profit with Lenagan in charge.
Moran makes a profit at Wire.
Saints will go into profit 2013 McManus has said.
Caddick makes Hetherington get a profit out of Leeds.
Khan will make a profit in a year or two after his investment.
Davy is trying to do the same at Hudds after underwriting losses.
Pearson will have HullFC making a profit, not difficult there .
The days of major benefactors pouring money down a Rugby League drainhole are mostly gone or very much on the way out.
They are all running their clubs on the basis of well run commercial outfits.
My club, Wigan, are now making yearly profits and winning trophies. Leeds and Wire are doing the same.
If clubs continually lose money the day of financial reckoning will come. Make a profit and you're in business forever.
I do think this generation of club owners are very good for their own clubs and Rugby League in general.
I do wish you good fortune in turning the finances around.
You paint a very rosey picture there Father Ted. Back in the real world of SL though only 2 clubs made a profit last year. Wigan and Leeds. The combined profit of those two clubs was dwarfed by the combined loss of the other 12.