WiganWarriorsFans.com

Mike wrote: ↑Thu Jan 16, 2025 4:48 pm

WarriorWinger wrote: ↑Thu Jan 16, 2025 4:05 pm Its a vicious circle, investors and advertisers want value for money, and without the exposure and promotion of the game why should someone want to invest, and without the investment it's hard to promote the game.

I don't get why people are still suggesting running a RL team is an investment. No-one makes money running a RL team. You're in it to lose as little money as possible whilst supporting the team you're interested in.

Advertisers on the other hand do have to worry about exposure and value for money etc.

Shevvylad wrote: ↑Fri Jan 17, 2025 10:06 am If we are going to have the nonsense of a salary cap, and pretend that it wasn't introduced by jealous Yorkshire administrators wanting to bring Wigan down, then it should be a fixed percentage of a club's turnover, Say, 40% of the previous years turnover. Clubs would then be protected from themselves ( a pathetic condescension in my view, but that's just my opinion ) but crucially would have the incentive to grow, attract further investment, and compete with the likes of RU.

WarriorWinger wrote: ↑Fri Jan 17, 2025 9:52 am

Mike wrote: ↑Thu Jan 16, 2025 4:48 pm

WarriorWinger wrote: ↑Thu Jan 16, 2025 4:05 pm Its a vicious circle, investors and advertisers want value for money, and without the exposure and promotion of the game why should someone want to invest, and without the investment it's hard to promote the game.

I don't get why people are still suggesting running a RL team is an investment. No-one makes money running a RL team. You're in it to lose as little money as possible whilst supporting the team you're interested in.

Advertisers on the other hand do have to worry about exposure and value for money etc.

I'm referring to those who 'invest' their money into something to get a return (a bit like shareholders), not those who invest in a club for the love of the club, so it will be almost like a 'loan' to the club, the risk to the investor is if the club goes completely bust but the club eventually have to pay the investor back with interest.

Mike wrote: ↑Fri Jan 17, 2025 6:44 pm

WarriorWinger wrote: ↑Fri Jan 17, 2025 9:52 am

Mike wrote: ↑Thu Jan 16, 2025 4:48 pm

I don't get why people are still suggesting running a RL team is an investment. No-one makes money running a RL team. You're in it to lose as little money as possible whilst supporting the team you're interested in.

Advertisers on the other hand do have to worry about exposure and value for money etc.

I'm referring to those who 'invest' their money into something to get a return (a bit like shareholders), not those who invest in a club for the love of the club, so it will be almost like a 'loan' to the club, the risk to the investor is if the club goes completely bust but the club eventually have to pay the investor back with interest.

If eventually is never, then you are right! I would expect most of the "loans" are eventually written off.

WarriorWinger wrote: ↑Mon Jan 20, 2025 12:46 pm

Mike wrote: ↑Fri Jan 17, 2025 6:44 pm

WarriorWinger wrote: ↑Fri Jan 17, 2025 9:52 am

I'm referring to those who 'invest' their money into something to get a return (a bit like shareholders), not those who invest in a club for the love of the club, so it will be almost like a 'loan' to the club, the risk to the investor is if the club goes completely bust but the club eventually have to pay the investor back with interest.

If eventually is never, then you are right! I would expect most of the "loans" are eventually written off.

I suspect most are written off, especially the Director loans, didn't Uncle Mo and Whelan both write off their 'loans' when departing the club (I can't remember now), however Salford need investors and if they cannot find those who have a love of the club then they will be looking for purely monetary investors, who will expect a return at some point.

morley pie eater wrote: ↑Mon Jan 20, 2025 8:18 pm

WarriorWinger wrote: ↑Mon Jan 20, 2025 12:46 pm

Mike wrote: ↑Fri Jan 17, 2025 6:44 pm

If eventually is never, then you are right! I would expect most of the "loans" are eventually written off.

I suspect most are written off, especially the Director loans, didn't Uncle Mo and Whelan both write off their 'loans' when departing the club (I can't remember now), however Salford need investors and if they cannot find those who have a love of the club then they will be looking for purely monetary investors, who will expect a return at some point.

If Whelan wrote off his loans, what happened to the £millions from Tesco for Central Park? Did it all go towards the new stadium?

fozzie58 wrote: ↑Mon Jan 20, 2025 9:02 pm

morley pie eater wrote: ↑Mon Jan 20, 2025 8:18 pm

WarriorWinger wrote: ↑Mon Jan 20, 2025 12:46 pm

I suspect most are written off, especially the Director loans, didn't Uncle Mo and Whelan both write off their 'loans' when departing the club (I can't remember now), however Salford need investors and if they cannot find those who have a love of the club then they will be looking for purely monetary investors, who will expect a return at some point.

If Whelan wrote off his loans, what happened to the £millions from Tesco for Central Park? Did it all go towards the new stadium?

he would need all the cash he had for brasso to keep his cup final medal clean wouldn’t he?