Wigan make massive loss : Wed Sep 20, 2017 6:06 pm  

For the second year running Wigan have posted a very large loss. They lost over £600k in 2016 despite winning the grand final. It doesn't bode well for the game if the 2nd biggest club can't even run at a profit. We need to make our game more international, to draw in major sponsors and stop looking to small mining towns if Super League is to survive as a professional league. http://www.wigantoday.net/sport/rugby-l ... -1-8761858

For the second year running Wigan have posted a very large loss. They lost over £600k in 2016 despite winning the grand final. It doesn't bode well for the game if the 2nd biggest club can't even run at a profit. We need to make our game more international, to draw in major sponsors and stop looking to small mining towns if Super League is to survive as a professional league. http://www.wigantoday.net/sport/rugby-l ... -1-8761858

Re: Wigan make massive loss : Wed Sep 20, 2017 6:11 pm  

Live within your means. Not hard is it?

Re: Wigan make massive loss : Wed Sep 20, 2017 6:14 pm  

It's typical of three quarters of all SL clubs unfortunately with only Cas Tigers, Hull FC and Widnes Vikings posted a bit of a profit for last year. Whilst 600K is massive it's nowhere near as big as either Hudd's or Salford's losses. How long can it go on for before the straw breaks the camels back ?

Re: Wigan make massive loss : Wed Sep 20, 2017 6:30 pm  

Tigerade wrote: only Cas Tigers, Hull FC and Widnes Vikings posted a bit of a profit for last year. https://www.google.co.uk/amp/www.yorksh ... 693597/amp

Tigerade wrote: only Cas Tigers, Hull FC and Widnes Vikings posted a bit of a profit for last year. https://www.google.co.uk/amp/www.yorksh ... 693597/amp

Re: Wigan make massive loss : Wed Sep 20, 2017 6:42 pm  

That article is misleading - Rhino's losses were 260K for 2016.

Re: Wigan make massive loss : Wed Sep 20, 2017 7:11 pm  

Tigerade wrote:

It's typical of three quarters of all SL clubs unfortunately with only Cas Tigers, Hull FC and Widnes Vikings posted a bit of a profit for last year. Whilst 600K is massive it's nowhere near as big as either Hudd's or Salford's losses. How long can it go on for before the straw breaks the camels back ?

Sir Kevin Sinfield wrote:

https://www.google.co.uk/amp/www.yorkshireeveningpost.co.uk/sport/rugby-league/leeds-rhinos/leeds-rhinos-still-the-most-profitable-club-in-super-league-despite-challenging-year-last-season-1-8693597/amp

Tigerade wrote:

That article is misleading - Rhino's losses were 260K for 2016.

So Tigerade you've chosen a selective season to highlight what in your words are Rhinos Losses of £260K for the year whilst only Cas, Hull FC and Widnes have made a profit in order to say that you are one of the clubs that make a profit

Don't suppose that you can give us anymore such financial results in previous decades,centuries that further back up your clubs glowing glowing financial results?
We had some flooding issues in 2016 you know
Otherwise our snack bar makes more money than the Cas club does

Didn't a Daryll Clark signing on fee bail Cas out only a few years back when they were close to going under?

Re: Wigan make massive loss : Wed Sep 20, 2017 7:47 pm  

Tigerade wrote:

That article is misleading - Rhino's losses were 260K for 2016.

The Rhinos profit after taxation was £148,119.

Re: Wigan make massive loss : Thu Sep 21, 2017 10:08 am  

Tiger, can you please tell us how big the Giants and devils losses were?

Re: Wigan make massive loss : Thu Sep 21, 2017 11:40 am  

It's the £400k ground rental that makes my eyes water, and I wouldn't imagine that they get anything from the bars etc.

Re: Wigan make massive loss : Thu Sep 21, 2017 12:27 pm  

Sir Kevin Sinfield wrote: For the second year running Wigan have posted a very large loss. They lost over £600k in 2016 despite winning the grand final. It doesn't bode well for the game if the 2nd biggest club can't even run at a profit. We need to make our game more international, to draw in major sponsors and stop looking to small mining towns if Super League is to survive as a professional league. http://www.wigantoday.net/sport/rugby-l ... -1-8761858 Manchester City won the league and posted a loss of 300 million nobody is saying it doesn't bode well for football there are hardly any sports teams that run at a profit

Sir Kevin Sinfield wrote: For the second year running Wigan have posted a very large loss. They lost over £600k in 2016 despite winning the grand final. It doesn't bode well for the game if the 2nd biggest club can't even run at a profit. We need to make our game more international, to draw in major sponsors and stop looking to small mining towns if Super League is to survive as a professional league. http://www.wigantoday.net/sport/rugby-l ... -1-8761858 Manchester City won the league and posted a loss of 300 million nobody is saying it doesn't bode well for football there are hardly any sports teams that run at a profit