|
 |
Rank | Posts | Team |
International Board Member | 7631 | No Team Selected |
Joined | Service | Reputation |
Jun 2003 | 22 years | |
Online | Last Post | Last Page |
Mar 2018 | Jul 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| No idea, why are you so concerned?
|
|
|
Rank | Posts | Team |
International Board Member | 7631 | No Team Selected |
Joined | Service | Reputation |
Jun 2003 | 22 years | |
Online | Last Post | Last Page |
Mar 2018 | Jul 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote bewildered="bewildered"If we are honest Leeds also springs to mind back in the day'"
Very true, at least Wigan got something to show for it.
|
|
|
|
Rank | Posts | Team |
International Board Member | 17230 | No Team Selected |
Joined | Service | Reputation |
Oct 2002 | 22 years | |
Online | Last Post | Last Page |
Dec 2024 | Nov 2020 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Why is there only one poster who's responded to the opening post with the actual fact about the southsand improvements?
Leeds Rugby does make money. This year was break even purely because of the £250k of improvements to make the Southstand fit.
That's all the OP needed to be told.
|
|
|
Rank | Posts | Team |
Moderator | 10969 | No Team Selected |
Joined | Service | Reputation |
Mar 2002 | 23 years | |
Online | Last Post | Last Page |
Jan 2023 | Jun 2022 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
Moderator
|
| Quote mirfieldrhino="mirfieldrhino"Think of it this way, what are you liable for when you rent a house? The rent, 95% of the time the bills, and minor things such as lightbulbs.
Owning a house, you pay a mortgage usually, bills, minor and major repairs, improvements, etc... and these add up to a hell of a lot more.'"
(Mr. spock mode)That's illogical cap'n (/Mr. spock mode)
You seem to be losing the fact that the owner (we're talking a house here) expects a profit when it is let, so the rent he charges would equal ALL the "mortgage, bills, minor and major repairs, improvements, etc..." PLUS his profit. Leaving the rentee to pay the other things you mention on top.
A sports ground is a little different it must be said, particularly when it is owned by a 'sugar daddy' who is happy to let the ground at a loss as part of his sponsorship, say. I wouldn't expect many clubs to be in that favourable position though.
|
|
|
Rank | Posts | Team |
International Board Member | 22289 | No Team Selected |
Joined | Service | Reputation |
Mar 2003 | 22 years | |
Online | Last Post | Last Page |
Sep 2024 | Aug 2018 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote leicester_rhino="leicester_rhino" warm weather training will cost a fair amount'"
Youth hosteling in Cumbria in January should redress that particular expense in next year's accounts.
|
|
|
|
Rank | Posts | Team |
International Board Member | 22289 | No Team Selected |
Joined | Service | Reputation |
Mar 2003 | 22 years | |
Online | Last Post | Last Page |
Sep 2024 | Aug 2018 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote Gotcha="Gotcha"Leeds Rugby does make money. This year was break even purely because of the £250k of improvements to make the Southstand fit.
That's all the OP needed to be told.'"
I thought Leeds made an operating loss in ther last set of accounts and it was only the on-going sale of the cricket side of the complex to Yorkshire CCC that allowed them to post a profit?
Could be mistaken mind.
|
|
|
Rank | Posts | Team |
International Chairman | 32302 | No Team Selected |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
Online | Last Post | Last Page |
Nov 2018 | Oct 2016 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote tvoc="tvoc"I thought Leeds made an operating loss in ther last set of accounts and it was only the on-going sale of the cricket side of the complex to Yorkshire CCC that allowed them to post a profit?
Could be mistaken mind.'"
No you're right but so is Gotcha. there were significant costs that year from the Southstand remedial work as well.
Also, IIRC, that year was the last year we had the historical debt to service. We should have a year or two decent profit on our turnover until we plunge back into debt to fund the new South Stand.
Why should any of us care that the club isn't making a profit? I hope the club continues to turn over in excess of £10 million and breaks even every year. profit only goes to shareholders and taxman. If no profit it means big sums are being invested into the business.
|
|
|
Rank | Posts | Team |
International Chairman | 18072 | No Team Selected |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
Online | Last Post | Last Page |
Feb 2025 | Feb 2025 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote G1="G1"No you're right but so is Gotcha. there were significant costs that year from the Southstand remedial work as well.
Also, IIRC, that year was the last year we had the historical debt to service. We should have a year or two decent profit on our turnover until we plunge back into debt to fund the new South Stand.
Why should any of us care that the club isn't making a profit? I hope the club continues to turn over in excess of £10 million and breaks even every year. profit only goes to shareholders and taxman. If no profit it means big sums are being invested into the business.'"
That is OK provided the shareholders are not looking for a return on their investment in the form of either capital growth or dividends 
|
|
|
|
Rank | Posts | Team |
Player Coach | 155 | No Team Selected |
Joined | Service | Reputation |
Feb 2010 | 15 years | |
Online | Last Post | Last Page |
Dec 2011 | Dec 2011 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote Tony Soprano="Tony Soprano"No idea, why are you so concerned?'"
I was discussing the profitability of rugby league clubs with my housemate, leeds came up in the conversation, and neither of us could think of how leeds could have double the expenditure of most clubs, i assumed that someone on here would know, so i asked.
Quote Tony Soprano="Gotcha"Why is there only one poster who's responded to the opening post with the actual fact about the southsand improvements?
Leeds Rugby does make money. This year was break even purely because of the £250k of improvements to make the Southstand fit.
That's all the OP needed to be told.'"
No that isnt all i need to be told, because wouldnt answer my question at all, 250k spent on the southstand doesnt explain how Leeds spend 5 million more than other clubs. some of the other posts, however, do explain it.
|
|
|
Rank | Posts | Team |
International Chairman | 5442 | No Team Selected |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
Online | Last Post | Last Page |
Jun 2024 | May 2024 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote Widnes 'till i die="Widnes 'till i die"Leeds' turnover is about £10million, more than double most clubs, yet you roughly break even. you cant spend more than other clubs on players due to the salary cap, can someone please explain to me what you spend all the money on. i know leeds has a history of investing more in youth than most other teams, but that surely cant account for the difference. any ideas?'"
How about.... everyone spends the same but Leeds can actually afford to without being bailed out by a sugar daddy 
|
|
|
Rank | Posts | Team |
International Chairman | 32466 | No Team Selected |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
Online | Last Post | Last Page |
Aug 2018 | Aug 2018 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Quote Widnes 'till i die="Widnes 'till i die"
No that isnt all i need to be told, because wouldnt answer my question at all, 250k spent on the southstand doesnt explain how Leeds spend 5 million more than other clubs. some of the other posts, however, do explain it.'"
I think it was all explained in the first reply to your question.
|
|
|
|
Rank | Posts | Team |
Club Coach | 12106 | No Team Selected |
Joined | Service | Reputation |
Oct 2004 | 20 years | |
Online | Last Post | Last Page |
Oct 2015 | Oct 2015 | LINK |
Milestone Posts |
|
Milestone Years |
|
Location |
|
Signature |
TO BE FIXED |
|
| Straight, straight up her nose....
|
|
|
 |
|