[Sadfish]

Re: Credits to the club.. : Mon Oct 02, 2017 10:15 am  

I think saints owe about £3 million, mostly in debentures.

Re: Credits to the club.. : Mon Oct 02, 2017 5:21 pm  

Rogues Gallery wrote:

Only really an asset if you want to sell it. Who would buy it?
Where would you play then?

Look how much Saints owe Coleman!!

It's very much an asset,loans can be secured against it,not that i would want that to happen

Re: Credits to the club.. : Mon Oct 02, 2017 6:04 pm  

brook40 wrote:

It's very much an asset,loans can be secured against it,not that i would want that to happen

Yes which would incur even more debt.

Orrell has been sold and Wigan will move to Robin Park I believe for the start of next season.

Re: Credits to the club.. : Tue Oct 03, 2017 11:32 am  

brook40 wrote:

Saint's have a massive asset in the stadium they own,Wigan have what ?

The stadium is worthless

Regards

King James

Re: Credits to the club.. : Tue Oct 03, 2017 1:25 pm  

Lebron James wrote:

The stadium is worthless

Regards

King James

I'm not sure but didnt we eventually buy the 999 year old lease costing 3 million, if we did the land could be worth around 20 million.

Re: Credits to the club.. : Tue Oct 03, 2017 3:13 pm  

Rogues Gallery wrote: Ian Lenagan has no financial association with Oxford United, he had to relinquish his shares when he was voted chair of the Football League, just as had to sell his London ones when he bought Wigan. Clubs accounts can be found here https://beta.companieshouse.gov.uk/comp ... ng-history https://beta.companieshouse.gov.uk/comp ... ng-history Ever thought of writing for the Daily Mail - giving half a story is your speciality....... Lets look at the facts:- Both Saints & Wigan lose money Saints losses are underwritten by two hugely successful business men who are St Helens born & lifelong supporters of the club. Wigan have Ian Lenagan sharing his time with chairing the Football League and losing major sponsors (see W Warriors accounts). Saints own a ground which generates income into the club (hardly worthless). Warriors lease a ground and screw over Orrell RUFC as part of their business plan. Oh - & Warriors cheated to get Cas relegated - sorry can never resist that one

Rogues Gallery wrote: Ian Lenagan has no financial association with Oxford United, he had to relinquish his shares when he was voted chair of the Football League, just as had to sell his London ones when he bought Wigan. Clubs accounts can be found here https://beta.companieshouse.gov.uk/comp ... ng-history https://beta.companieshouse.gov.uk/comp ... ng-history Ever thought of writing for the Daily Mail - giving half a story is your speciality....... Lets look at the facts:- Both Saints & Wigan lose money Saints losses are underwritten by two hugely successful business men who are St Helens born & lifelong supporters of the club. Wigan have Ian Lenagan sharing his time with chairing the Football League and losing major sponsors (see W Warriors accounts). Saints own a ground which generates income into the club (hardly worthless). Warriors lease a ground and screw over Orrell RUFC as part of their business plan. Oh - & Warriors cheated to get Cas relegated - sorry can never resist that one

Re: Credits to the club.. : Fri Oct 06, 2017 8:57 am  

I bet Percy and Morgan woke up last Friday morning with sorer heads than my bad hang over last Sunday morning, it was not good

What was Morgan thinking......

Re: Credits to the club.. : Sat Oct 07, 2017 1:45 pm  

Maximus007 wrote:

I bet Percy and Morgan woke up last Friday morning with sorer heads than my bad hang over last Sunday morning, it was not good

What was Morgan thinking......

Gotta get this season over with so I can fly south for a few weeks.