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 Post subject: LBSA trust
PostPosted: Thu Sep 28, 2017 9:42 am 
Player Coach
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Location: Looking for a coach that can coach
Seems that Salford are going to be run by a trust https://www.salfordreddevils.net/offici ... n-koukash/

Im sure the LBSA will be watching with a keen eye.

Thoughts
Seems that Salford are going to be run by a trust https://www.salfordreddevils.net/offici ... n-koukash/

Im sure the LBSA will be watching with a keen eye.

Thoughts






Mac out!

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 Post subject: Re: LBSA trust
PostPosted: Thu Sep 28, 2017 10:15 am 
Club Captain
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Joined: Jun 13 2017
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Is he still funding the club?

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 Post subject: Re: LBSA trust
PostPosted: Thu Sep 28, 2017 11:07 am 
International Star
Academy Player

Joined: Jun 30 2012
Posts: 382
northernbloke wrote:Is he still funding the club?

The article states that the trusties will be made up of local businessmen and one supporter so my reading is the local businessmen will be funding the club.

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 Post subject: Re: LBSA trust
PostPosted: Thu Sep 28, 2017 12:58 pm 
Club Captain
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Joined: Jun 13 2017
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It's interesting, is he retaining ownership of the club with trustees running it? There is not actually that much detail, any change of ownership I would imagine needs scrutiny by the rfl.
One fan is likely to have little say, as you say it will be interesting to see how it pans out.
It's very different from a fan based ownership.

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 Post subject: Re: LBSA trust
PostPosted: Thu Sep 28, 2017 7:50 pm 
Club Captain
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wantawin wrote:The article states that the trusties will be made up of local businessmen and one supporter so my reading is the local businessmen will be funding the club.

If he's not funding it, then there's about a 2 million quid sized hole in their operating revenues for next year. Experience tells us that a badly supported club in a rented stadium costs its owners between 1.8 and 2.1 million a year and as much as he has been a breath of fresh air, I really can't see how he's reduced their debts by 80% in 3 years. They have a joint academy next year with Leigh and no reserve grade, but they are still tenants and running at an average attendance that would make Gus blush!






JESUS WEPT :WALL: HOW MANY TIMES?????
£20 a ticket and £15 on beer and merchandise.....so an away fan is worth £35. At best, 1,000 is the average away support split across 11 rounds and I am being really generous here, so Toronto, replacing say Wakefield will cost a SL club £35,000.
The minimum turnover of a SL club is £4,000,000 so Toronto instead of Widnes is worth less than 1% of a SL clubs turnover.

There are many valid reasons for and against expansion into America, but "AWAY FANS" isn't one of them. :BEAT:

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 Post subject: Re: LBSA trust
PostPosted: Thu Sep 28, 2017 8:28 pm 
Club Captain
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Joined: Jun 13 2017
Posts: 2821
If I read it right from mr kougash the operating losses are 20% of what they were when he took over so still running at a loss not sure what those figures are.
As for gus! Let it go the man has gone

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 Post subject: Re: LBSA trust
PostPosted: Thu Sep 28, 2017 8:32 pm 
Club Captain
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Joined: Jun 13 2017
Posts: 2821
How has he saved the money???? Be interesting to see the back room set up, and by the looks he has made cuts from what departing players say

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 Post subject: Re: LBSA trust
PostPosted: Thu Sep 28, 2017 9:00 pm 
Club Captain
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Joined: Jun 12 2017
Posts: 2921
northernbloke wrote:As for gus! Let it go the man has gone


Gloucester RU's gain and all that 8) .......






JESUS WEPT :WALL: HOW MANY TIMES?????
£20 a ticket and £15 on beer and merchandise.....so an away fan is worth £35. At best, 1,000 is the average away support split across 11 rounds and I am being really generous here, so Toronto, replacing say Wakefield will cost a SL club £35,000.
The minimum turnover of a SL club is £4,000,000 so Toronto instead of Widnes is worth less than 1% of a SL clubs turnover.

There are many valid reasons for and against expansion into America, but "AWAY FANS" isn't one of them. :BEAT:

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 Post subject: Re: LBSA trust
PostPosted: Thu Sep 28, 2017 9:18 pm 
Player Coach
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Posts: 7392
Location: Looking for a coach that can coach
Worcester come on GF






Mac out!

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 Post subject: Re: LBSA trust
PostPosted: Fri Sep 29, 2017 7:46 am 
Club Owner
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Joined: Dec 30 2003
Posts: 789
Location: Southampton
All our members will have a chance to have their say this com8mg Thursday October 5th. Are we ready this be a Trust?

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