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Derwent

Barrow reveal "critical financial situation"

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5 weeks without a home is very poor IMO. Hopefully we'll get through it. A lot of hard work clearly going on behind the scenes at the club it's real effort removing the amount of debt we have.

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http://www.nwemail.co.uk/raiders/news/barrow-raiders-reveal-critical-financial-situation-1.1054476?referrerPath=home

Hopefully the Raiders can get through the next few weeks unscathed and continue their rebuilding from the Des era. Perhaps the RFL can loan them a few quid against their iconic ground ?

 

A home friendly against a Super League XIII would be nice ...

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tragic that the club are still suffering from the effects of dangerous dessies tenure...........

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This quote made me sit up...

 

“In the last financial year the club made a six-figure operating profit which clearly shows the club is viable in the long-term, but we are constantly hindered by the debt we have inherited,”

 

Hope the club can keep their debt repayments going as they seem to be operating very well.

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This is a crazy situation. But bad as it is Doncaster have an even worse fixture list. Their next home game is the 7th of Juy!

How can any club hope to manage their finances without a regular income stream?

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This is a crazy situation. But bad as it is Doncaster have an even worse fixture list. Their next home game is the 7th of Juy!

How can any club hope to manage their finances without a regular income stream?

Sadly a successful soccer team will always trample on a less successful RL side. "Pitch repairs"

I guess Barrow have just been unlucky with the Cup draws. God knows what Sheffield's fixture list will look like next season with no real home venue at all.

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This is a crazy situation. But bad as it is Doncaster have an even worse fixture list. Their next home game is the 7th of July!

How can any club hope to manage their finances without a regular income stream?

Plan ahead ?

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Sadly a successful soccer team will always trample on a less successful RL side. "Pitch repairs"

I guess Barrow have just been unlucky with the Cup draws. God knows what Sheffield's fixture list will look like next season with no real home venue at all.

Has that been decided, then ?

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Doesn't the Championship work on the format that away one week home the next?

In an ideal world, but it can't always work out that way

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Crusaders' next home game on 2 June - 5 week gap. Then a six week gap between their home game with Rochdale on 30 June and with Hemel on 11 August. Three of their last 4 games are at home.

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If clubs have a good credit rating and history of paying bills promptly in the good times they will be extended credit lines to help them overcome short-term cash flow difficulties. However...

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This is a familiar tale, poor fixture lists are partly to blame, but poor business planning has more to do with it.  More and more clubs are now looking to operated membership schemes with monthly direct debits to deal with cashflow issues.

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Looks like another team that's got promoted out of Championship 1 having spent more than they could afford.

Even if it's a legacy from Des's era, they should still have been more prudent with their spending.

 

Though I'm sure most other clubs would be jealous of the 6 figure operating surplus. They've yet to file any account since the ones to the end of November 2011 (not due at Companies House until August), so it might be a while before the breakdown of that profit is publicly available.

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Looks like another team that's got promoted out of Championship 1 having spent more than they could afford.

Even if it's a legacy from Des's era, they should still have been more prudent with their spending.

Though I'm sure most other clubs would be jealous of the 6 figure operating surplus. They've yet to file any account since the ones to the end of November 2011 (not due at Companies House until August), so it might be a while before the breakdown of that profit is publicly available.

So your saying we couldn't afford a 150k salary cap on an average of 1300 crowds? Basic maths tells you that isn't true.

I reckon the business plan for 2013 has just been drawn up incorrectly and has not taken into account the 5 week gap we don't have a home game.

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So your saying we couldn't afford a 150k salary cap on an average of 1300 crowds? Basic maths tells you that isn't true.

I reckon the business plan for 2013 has just been drawn up incorrectly and has not taken into account the 5 week gap we don't have a home game.

 

It's not the salary cap that's an issue (this time), it's being able to pay ALL of its debts. That's even more basic.

Hope they pull through.

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It's not the salary cap that's an issue (this time), it's being able to pay ALL of its debts. That's even more basic.

Hope they pull through.

All debts.............including dodgy desmondo demanding dosh

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I reckon the business plan for 2013 has just been drawn up incorrectly and has not taken into account the 5 week gap we don't have a home game.

Even that would have been an unknown at the time they did their budget, some of it is just luck of the draw in the cups. The fact that we have the Challenge Cup this week followed by the NRC next week hasn't helped due to Barrow being out of the CC and being drawn away in the NRC - with different luck you could well have been looking at 2 home cup ties.

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In an ideal world, but it can't always work out that way

It can't ever work out that way. If it did, the teams who are at home when you're at home would be away when you're away, so you couldn't possibly play them.

However, I'd like to see cup-tie weeks three weeks apart, with a home game and an away game scheduled in between. That's possible - but maybe the Canadian computer isn't that smart. And of course, the TV companies may not be so accommodating.

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Even that would have been an unknown at the time they did their budget, some of it is just luck of the draw in the cups. The fact that we have the Challenge Cup this week followed by the NRC next week hasn't helped due to Barrow being out of the CC and being drawn away in the NRC - with different luck you could well have been looking at 2 home cup ties.

Obviously, they get half the Cup tie gate whether home or away.

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Obviously, they get half the Cup tie gate whether home or away.

Yes but often several weeks later despite the home club being meant to pay it within 7 days.

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Yes but often several weeks later despite the home club being meant to pay it within 7 days.

They should be taking a substantial proportion of the final sum with them on the day.

Operational Rule A3.12.

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Whilst we always look for reasons and people to blame, unfortunately times are hard. Sponsors are less forthcoming - people have less disposable income. 

 

Good luck to Barrow, hope they pull through and go on to grow stronger.

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Whilst we always look for reasons and people to blame, unfortunately times are hard. Sponsors are less forthcoming - people have less disposable income. 

 

Good luck to Barrow, hope they pull through and go on to grow stronger.

Yep - most of clubs' current problems are down to the depression we're living in at the moment.

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