Only 2 clubs in super league posted an operating profit last season.

One was Leeds..... Any idea who the other one was?

I will give you a clue..... It was warrington.

You can cry about salary caps and backhand payments all you like..... The bottom line is we have just signed an Australian test player in his prime and you are trying to make yourself feel better by saying it's against the rules..... It obviously isn't.... So do yourself a favour and quit moaning.

he was always going to sign for us,he was training with us and his brother happens to play for us who as it happens he lives with too...



why are people suprised???

as for the salary cap debate,last season we released penny (who was on a fair wedge from cullens era),V anderson,mathers,hicks...and brought in hodgson and J monaghan,thats 4 out and 2 in????



good luck next season,i fully expect us both to be challenging at the top of the table.

Yes



No it wasn't.

I fear you are about to have your sorry a[ir[/ise handed to you on a plate. You may have a choice though, after Mrs B has ripped you a new one

Utter garbage. Hull FC made a profit last year as we have done for the last 5 years. Castleford also made a profit. As did Widnes, actually.


I'm not crying about anything. We have a self-sustaining business model at FC. I'm sure Melbourne Storm fans were equally as indignant about suggestions of salary cap impropriety there before too long ago, look how that turned out. It's fair to speculate about it given you've binned off Hicks at the end of his career and suddenly have the room for Monaghan. Do you think Hicks will be out of pocket?

just to rub armchairs face in dog poo,pardon the pun,could you tell us how much wire actually lost?.

This gives full details of how much we did NOT lose www.liverpooldailypost.co.uk/ldp ... -26944440/

This gives full details of how much we did NOT lose www.liverpooldailypost.co.uk/ldp ... -26944440/

At this point I can safely ignore anything you have to say about financial matters.

Quote ="wireontour"This gives full details of how much we did NOT lose www.liverpooldailypost.co.uk/ldp ... -26944440/'" You made a marginal profit last year, entirely off the back of winning the CC. You have huge ongoing debt, as does you holding company. On the other hand, we've made a decent profit for each of the last 5 years off the back of winning nowt and without a wealthy backer. I know which company is being better managed.

Quote ="wireontour"This gives full details of how much we did NOT lose www.liverpooldailypost.co.uk/ldp ... -26944440/'" You made a marginal profit last year, entirely off the back of winning the CC. You have huge ongoing debt, as does you holding company. On the other hand, we've made a decent profit for each of the last 5 years off the back of winning nowt and without a wealthy backer. I know which company is being better managed.

Quote ="wireontour"This gives full details of how much we did NOT lose www.liverpooldailypost.co.uk/ldp ... -26944440/'" Not for the last financal year it is not.I would of thought that profit wont take affect until sometime in 2011 in which time they may of made a loss again.

Quote ="wireontour"This gives full details of how much we did NOT lose www.liverpooldailypost.co.uk/ldp ... -26944440/'" Not for the last financal year it is not.I would of thought that profit wont take affect until sometime in 2011 in which time they may of made a loss again.

What do you mean made a loss again, tell me which season we last made a loss.

Quote ="manoa thompsons knees"What do you mean made a loss again, tell me which season we last made a loss. '" www.liverpooldailypost.co.uk/ldp ... -26944440/ WARRINGTON WOLVES has followed up its Challenge Cup triumph last summer with [usomething almost as rare – a profit.[/u It made a marginal profit, of £27,800, in the year to November 2009, compared with [ua loss of £348,000 a year earlier[/u. So, 2008 then

Quote ="manoa thompsons knees"What do you mean made a loss again, tell me which season we last made a loss. '" www.liverpooldailypost.co.uk/ldp ... -26944440/ WARRINGTON WOLVES has followed up its Challenge Cup triumph last summer with [usomething almost as rare – a profit.[/u It made a marginal profit, of £27,800, in the year to November 2009, compared with [ua loss of £348,000 a year earlier[/u. So, 2008 then

I'll hazard a guess here, could it have been the year previous to the one in the link?

I might be sticking my neck out but this quote from the link kinda gave me a clue:

[size=150It made a marginal profit, of £27,800, in the year to November 2009, [ucompared with a loss of £348,000 a year earlier[/u.[/size

As I say, it's just a guess

Snap!

I had the misfortune to work in Warrington for a number of years and when I say they could run our red & white cousins close on the "does not compute" stakes, it really is no understatement.

Mind you, remind me where Mr Umbrella Man's company is HQ'd

Silly me, he said AGAIN, Warringtons debt comes from a loan taken out around 4-5 years ago in which time we have spent over half a millon in transfer fees to get the squad to where it is now. With no big transfer fees payed out for next season i expect Warrington to turn out large profits in the future.

The salary cap, overseas quota and the RFL as whole is a bit of a joke in imo and the fact Warrington can sign Monaghan, payoff Hicks and still be under the cap whilst having probably the most high profile squad already backs up what I already thought.

Warrington Sports Holdings has a net debt of £1,908,693 as at 30 November 2009 (which was over £500k down from the prvious year). The bul of this debt is outstanding bank loan used to finance the fit out of the Halliwell Jones Stadium. A minimal amount of this debt is in the form of director's loans which suggests that the club is not dependant upon the wealth of their backer to survive.

At the same time Warrington Sports Hoildings had assets of £13,022,448.

The value of the Warrington Sports Holding Group (which includes the Warrington Rugby Club) is £9,249,517. That is the highewst value for any club in Super League bar none.

All the above is available from companies house at the cost of £1 and indicate that Warrington is at present the most financially viable club and valuable in Super League.

Leeds have net assets of £15.1m, turned in an operating profit of £721k and a profit before tax of £4.2m in 2009. They have accumulated net profits of £12.7m.

Always good to see that every club has their idiots, who enjoy speculating sheer piffle on what individual players are earning or not earning.

Saying that, if Carvell was earning that amount at Hull, and I very much doubt it, it probably explains why you under-acheive so much....I can promise you he won't be on anything like that at Wire, and so he shouldn't be, because he's pretty average.

I am curious though....Many of you seem to be pretty certain on what Warrington players earn....If you are so certain, can you please list the Wire squad and each individual salary, so we can all see how we are busting the cap??

So that puts Warrington behind Leeds. What are Hull's net assets? What is the value of director's loans at Hull?

Well managed??.....Throwing daft money at injury riddled, past it scrum halves isn't exactly the best way to spend all your profits....



If we are all having a go at speculating on player's salaries, then I'm venturing that Sean Long will be on very close to what the highest earner is on at Wire.....And if you care to disagree, I'd suggest that even Long isn't daft enough to move to Humberside for anything less.

So you admit that your rather bullish statement that Warrington is the most robust financial entity in the league was wrong, then?

We don't own our stadium, we pay a rent, so don't have any fixed assets - it's not the same business model. We have made profits for the last 5 (might be 6) years and according to our CEO don't owe the directors anything, the loans have been repaid off the back of the aforementioned profitable trading. Warrington Wolves rugby league-playing activities' financials are included in the accounts of The Warrington Football Club Limited, of course. You know, the ones that have the note to the accounts that says a going concern basis is appropriate because of the support of the group company, and has net liabilities of £2.8m.

What is Hull's actual company name? I wouldn't mind a quick look at the accounts but Hull Football Club Limited was dissolved in 1995.

Hull Super League Limited. Have a look at 2003 and compare to 2009. Steady and self-funded progress.

He's either very dumb not putting 2 and 2 together with Hull SuperLeague LTD being close on the list or he was just having a dig.

Sulking after being shown up by his bollox statement on Warrington's finances being better than Leeds