Warriors make £1.8m loss in 2021

Discuss all things Wigan Warriors. Comments and opinions on all aspects of the club's performance are welcome.
nathan_rugby
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Re: Warriors make £1.8m loss in 2021

Post by nathan_rugby »

josie andrews wrote: Mon Dec 05, 2022 4:54 pm
Charriots Offiah wrote: Mon Dec 05, 2022 2:20 pm
josie andrews wrote: Mon Dec 05, 2022 11:30 am

No, I don’t say that, but unless members on here subscribe to the link you posted they won’t be able to read the report so really that link is a waste!
I don't subscribe and I could read it.
So you assumed everyone else could?

If that was the case, why did you not post the whole story in case others on here can’t!

I couldn’t read it from your link & I would suspect the majority on here wouldn’t have been able to either, just the headline!
I was fine also and am not subscribed to anything.
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josie andrews
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Re: Warriors make £1.8m loss in 2021

Post by josie andrews »

nathan_rugby wrote: Mon Dec 05, 2022 5:08 pm
josie andrews wrote: Mon Dec 05, 2022 4:54 pm
Charriots Offiah wrote: Mon Dec 05, 2022 2:20 pm

I don't subscribe and I could read it.
So you assumed everyone else could?

If that was the case, why did you not post the whole story in case others on here can’t!

I couldn’t read it from your link & I would suspect the majority on here wouldn’t have been able to either, just the headline!
I was fine also and am not subscribed to anything.
Okay then!! there must have been only me who couldn’t read it from the original link!
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But to stand behind a team, to defend a team when it is down and really needs you,
that takes a lot of courage. #18thMan
Dreamteam
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Re: Warriors make £1.8m loss in 2021

Post by Dreamteam »

Is that right that stains lost nearly 1.7 mil as well. Bit worrying if they’ve only lost 100 k less than us while nearly winning every trophy as well. When they go to pot their crowds will dip back below 10 k again
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Mike
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Re: Warriors make £1.8m loss in 2021

Post by Mike »

Dreamteam wrote: Tue Dec 06, 2022 5:07 pm Is that right that stains lost nearly 1.7 mil as well. Bit worrying if they’ve only lost 100 k less than us while nearly winning every trophy as well. When they go to pot their crowds will dip back below 10 k again
Pretty sure this was accounts for a covid year, so not representative of the current finances of clubs.
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John512
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Re: Warriors make £1.8m loss in 2021

Post by John512 »

Losses for the 2021 season: Wigan £1.79m vs Saints £1.69m
Losses for the 2020 season: Wigan £461k vs Saints £704k

For Wigan they class 30th Nov as year end vs Saints 31st Oct. So almost apples to apples comparison
Dreamteam
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Re: Warriors make £1.8m loss in 2021

Post by Dreamteam »

Mike wrote: Tue Dec 06, 2022 5:16 pm
Dreamteam wrote: Tue Dec 06, 2022 5:07 pm Is that right that stains lost nearly 1.7 mil as well. Bit worrying if they’ve only lost 100 k less than us while nearly winning every trophy as well. When they go to pot their crowds will dip back below 10 k again
Pretty sure this was accounts for a covid year, so not representative of the current finances of clubs.
Yep that is true. Saints earnings that year from
Winning the challenge cups which is about 400-500 k and winning the grand final as well as the grand final tickets they sold would have more than covered that mil anyway. Will be interesting too see what the accounts are for this year
doc
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Re: Warriors make £1.8m loss in 2021

Post by doc »

Should be better as I seem to recall IL stating that the Challenge Cup was more lucrative than the GF although this may not be the same with the 1896 cup or whatever it is now taking place as a curtain raiser.
the pieman
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Re: Warriors make £1.8m loss in 2021

Post by the pieman »

just taking a quick look over the numbers the other day i did notice that Saints revenue was significantly greater than Wigan's, somewhere around £2.5m for both 2020 / 2021 seasons

that is probably down to Saints owning the ground, and during Covid it was a vaccination centre, so used throughout. I didnt look at the costs as there is no doubt that they will also be higher due to the ownership / maintenance of the ground etc.
No straw damn us
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Re: Warriors make £1.8m loss in 2021

Post by No straw damn us »

Taken from their published accounts.

Leeds lost £1,362 million in 2020 and £1.517 million in 2021 Total £2,879 million
Wire lost £797,371 in 2020 and £1,145 million in 2021 Total £1,942,371
Saints lost £703,762 in 2020 and £1,689 million in 2022 Total £2,392,762
Wigan lost £460,499 in 2020 and £1,792 million in 2021 Total £2,252,499
southportcdm
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Re: Warriors make £1.8m loss in 2021

Post by southportcdm »

Very interesting (if worrying figures) for the four clubs and it doesn't really make a strong case for owning your own ground which I've always been in favour of. In our case I suppose that the amount of extra rent that Latics want to charge in future is going to be a major factor. I'd be interested to know how much more we're making out of the Robin Park 'development' and if we could squeeze more out of that in future. I try not to spend anything in the ground now but it's not easy to get through the queues in Robin Park on match day and it must put some people off spending money there.
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