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sweaty craiq

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Everything posted by sweaty craiq

  1. Isn't 10m the threshold for audit exemptions?? Unless you own your own ground with associated costs and expenditure not many SL clubs will hit that figure - so help me out which clubs have audited accounts I can have a look at?? So furlough helped them out and previous years it was ?????????????????????? Rely on Beaumont as a going concern? Help me out here, what do you base that on?? ( I am a sponge for knowledge you see)
  2. Right so you just lump a lad of cash into a business from your personal bank account one day - then put it back the next??? But you do it every year for the past 5, obviously putting more in each year as if you didnt then the accounts dont move forward - you may be onto something here, did you work in a bank circa 2007/8/9
  3. Aaahhh, the buy now pay later strategy. Nearly always ends in tears that imo
  4. Very true, but I understand Derek hasn't had to tip up, except cash flow help, for 4 years - he has wrote off a big chunk of his DL's though in that period. I estimate Furlough would have benefitted the business £400k in the 6 months, but that Income would have suffered by a similar number, greater if we had won promotion. The facts are the underlying business is very healthy, thanks to good people and good business sense, supported by fans and sponsors.
  5. Have you looked at the assett breakdown and its changes, cash and creditors owed are the reasons its up 400k. To put it simply the money going in paid down creditors by 240k and increased the bank balance by 160k - this results in the huge nett assett increase - I am sure you told me of some business degree you had? If not I have you confused with someone else so apologies.
  6. So SL clubs decided to only offer £1m to the club that bailed SL out, despite not knowing who that club would be at the time............................ this is getting good now, carry on
  7. Does the cats scoreboard go to 3 digits? Lads were all out until 7am last night and jumped on the plane at 11am, toilet would have been busy.
  8. Not being a bean counter by trade, I look for things like CASH in bank movement among others, as the club has little assets in not owning the ground yet. Out of interest how do others clubs make this area clear for you?
  9. I didn't know furlough as compensation for having to keep your employees away from work was repayable (but you do learn things everyday from such fonts of knowledge), despite Leigh keeping its players in work for much longer due to 1. the potential restarting of the season 2. to fulfil TW fixtures if needed.
  10. It would do, you have LSV, a pub, a supermarket, a hotel and a college - although living in Gods own backyard has become very expensive of late, and rightly so btw, the checkpoints in Bickershaw and Hindley Green are working
  11. It's called successful people running a successful business - I realise some may find that unpalatable but it is what makes the commercial world go round, and success attracts success.
  12. so it looks 'alright', no government lans means just that - the club didn't borrow today to pay back tomorrow to achieve.
  13. Do clubs not declare that as income ? These were prior to SL begging Leigh to help them out btw
  14. You need to check the movement in the previous years also just Google sporting club leigh financial results, they are a bit 'wow' though so you may get somewhat upset - Fantastic sponsors, fans and owners have got us in this brilliant position to grow.
  15. LEIGH SPORTS VILLAGE STADIUM SALE WAY LEIGH LANCASHIRE WN7 4JY Latest financial results as at 30 November 2020 Cash in bank £411.80k Current assets £530.74k Current creditors £271.65k Shareholders funds £375.51k Do a simple google search on sporting club leigh for anything else you may need
  16. I read it as he refers to the split in darts in 1993 when the players were discontented by the game's big decline in television coverage and the BDO's (governing darts body) inability to reverse that decline, culminating in all the top players breaking away from the BDO to form their own organisation, the WDC. Would a breakaway be supported by a tv deal for a min of £35m pa which is what he is proposing with the split in money? Would a TV company be that frustrated with the lack of vision currently in the sport that they would back a new vision? Personally £35m pa is a low figure if the sport is wanted and they believe it would be a true partner that would work hard for mutual benefit. IMO he must have been tipped off to go public with the proposal and the veiled threat within it, ie Darts path. What he is 100% right with is that doing nothing now will result in a very poor bargaining position in 2022/3
  17. Have we reached the end of SL as we know it? Will we be having a dartsesque split with a new, cashed up governing body embracing change with applications invited to join it - muted to be a TV funded two tens with £2m per club in tier1 and £1.5m in tier 2, containing on the road fixtures in the States and Canada plus Eastern Europe, 9's events and 'Magic' type weekends?? Leaving what is currently SL on 'our league' app or between DIY shows on Dave?
  18. We will see, but the announced signings dont meet that rhetoric. eg Sam Stone, Jai Whitbread, Mellor and Tomkins
  19. So many still cannot grasp what two tens means, so try to belittle it by reference to previous second tiers for part time clubs. Grow FT player pool, a true elite, a genuine recovery room or pit stop, competition, p&r, marketable, 3 genuine end of season areas of interest that Sky enjoy with soccer and RU - Who will win SL1, who will get relegated from SL1 and who will win promotion from SL2. Three genuine games of interest for the run in. As Derek pointed out CASH is needed but you dont choose to sell your house when prices are low, and we have to go back to sky with a product they value and want, otherwise next time it could be nothing
  20. All clubs can improve with the right incentive to do so. 3g etc should not be the way forward for a summer sport though, I bet SL players would love to go back to London or Widnes btw We must construct a structure that embraces what we have, clubs with a fan base outside SL need saving from those who dont, until they build that fan base of course ie the door must never be closed Two full time tens is the solution to sell to Sky, with magic weekends and 9's weekends to supplement fixtures if you dont want 27 games in the regular season, 13 H&A plus magic
  21. You really know #### Adams dont you!! These two are great mates in real life, with a respect for each other beyond dick measuring. Two equal owners is often a problem but it depends on the ambitions they are pooling resources to achieve - last nights rumour was a £10m war chest to bring SL stability with a substantial academy investment.
  22. Saints to roll over giving Leigh the 2 points, plus the 2 from the Cas covid game makes an interesting run in.
  23. I thought there were some interesting points put forward from a self made bloke who knows how to sell and make money. Koukash's wealth is reported to be up to £2b - who in their right mind wouldn't want a bloke with that wealth and connections in our sport, a sport devoid of such people. Ans Your average RL fan who thinks £30 is too much for a ticket
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