Is RL legitimate?

OJ · Post by OJ » Sat Sep 17, 2011 11:09 pm

cpwigan wrote:I saw some accounting figures on RL fans, the most recent for Wigan and Wire. According to those accounts Wire generated more income than Wigan.

Have you got a link please CP - would like to see them. Ta

cpwigan · Post by **cpwigan** » Sat Sep 17, 2011 11:27 pm

I haven't unfortunately.

cumbria_warrior · Post by **cumbria_warrior** » Sat Sep 17, 2011 11:37 pm

I find this hard to believe, maybe whay wire have declared but I can not see it at all.

cpwigan · Post by **cpwigan** » Sun Sep 18, 2011 12:16 am

CW, IIRC, it was Wigan-Leeds Andy that posted it on RLFans

DaveO · Post by **DaveO** » Mon Sep 19, 2011 12:51 pm

slimshady wrote:If he is inflating the clubs financial position with his corporate entertaining then thats his choice, only the RFL can decide if thats against the rules.

Why would he want to do that anyway? Providing they were financially sound a club doesn't gain anything by this. Being profitable beyond a certain point won't gain them any more brownie points in the franchising criteria. Seems a complete waste of money to me.

Wes · Post by **Wes** » Mon Sep 19, 2011 12:55 pm

DaveO wrote:
slimshady wrote:If he is inflating the clubs financial position with his corporate entertaining then thats his choice, only the RFL can decide if thats against the rules.
Why would he want to do that anyway? Providing they were financially sound a club doesn't gain anything by this. Being profitable beyond a certain point won't gain them any more brownie points in the franchising criteria. Seems a complete waste of money to me.

He may be able to write it off against his tax bill, better to party with his money than to give it to the taxman kind of thing???

DaveO · Post by **DaveO** » Mon Sep 19, 2011 2:18 pm

29wes28 wrote: He may be able to write it off against his tax bill, better to party with his money than to give it to the taxman kind of thing???

Fair point.

It is funny though how there seems to be a bit of jealousy of Wire's wealthy owner ploughing his money into the club whereas our owner expects the club to be self financing. It's almost the exact opposite of how it used to be when Whelan bank rolled the club and just stuck his money in when it was required.

DaveO · Post by **DaveO** » Mon Sep 19, 2011 2:22 pm

Panchitta Marra wrote: Barrow Raiders are in very deep trouble with the RFL, which will soon come into the open.
Rumor has it that it will the worst ever case of a club being in breach of RFL rules, and every bit as big as the Melbourne Storm breach.

I doubt it somehow. Little club in the lower leagues won't make headline news. The RFL will hush it up or play it down.

Over on rlfans "Father Ted" posts every now and again about a court case involving image rights payments and that many big clubs are going to get shafted by the tax man and courts (including Wire) but it never seems to happen.

Wes · Post by **Wes** » Mon Sep 19, 2011 4:50 pm

Yes it is funny Dave I suppose you have to know where to put the money too I mean we must have spent a fortune on Barrett and Fielden but doing so didnt neccessarily mean success and Im sure we made a loss in those seasons/years!

I prefer the self sufficient route otherwise it ends up like football, look at the top clubs books there aint no way that can go on forever in the manner it does! Implosion waiting to happen IMO! Crusaders are another example spent big owners have enough and now they are practically gone!

outof order · Post by **outof order** » Mon Sep 19, 2011 8:55 pm

this is the most cringworthy topic i have read on this forum and puts wigan fans as very bitter all because this season somebody dares to challenge the cherry n whites :redf:

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