Article about scarlet financial results 2013-14 |
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BillyBigBalls
Veteran Joined: 09 April 2006 Status: Offline Points: 2061 |
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They also paid out a hefty amount for those solar panels on the roof, which will only payoff in the long run. Thats a few grand there.
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Gate12
Veteran Joined: 10 November 2008 Status: Offline Points: 14966 |
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It's really not standard. |
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haydn_davies
Veteran Joined: 10 April 2009 Location: Llanelli Status: Offline Points: 17955 |
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The other Regions do don't they? I also know with other businesses that they work up to a year behind. |
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Think, think, think - it's a thinking man's game!! - The Great Carwyn James.
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Gwyn Morgan
Senior Member Joined: 05 November 2011 Status: Offline Points: 369 |
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To be honest I haven't seen any serious indications that the English clubs are interested in extending their product down the M4. Their intention seems to be to expand & to ringfence the Aviva. Even during the ECC discussions, when they wanted to lull us into signing our own suicide note, they were decidedly vague & non-committal. Speaking with English rugby fans where I live they seem very happy with the structure as it stands & aren't really interested in the prospect of away weekends in Dublin, Swansea, or Glasgow, except for European games. I can't say that I blame them, it's very much like our own attitude towards the Italians. Neither am I convinced that welcoming Sarries, Leicester, Bath etc woud be the magic bullet to solve our worsening attendances. Munster & Leinster are bigger names with bigger travelling support than Sarries, Exeter, Sale etc, and they already visit every season as it stands, & we don't fill the ground for European matches anyway, even with the novelty factor that rarity offers. In spite of this a B&I league might help & I'd be interested in seeing it were it to happen. It just seems vanishingly unlikely to me. Attendances seem to be on the increase at the Liberty, CAP & Rodney Parade. They've all published results which are far far more positive than ours, so I don't think that this mess can all be laid at the door of Roger Lewis. I see why we would press the WRU for more central funding, and I'm not his greatest fan but on this matter, to look at our accounts I can rather understand his reticence to pour more water into a leaky bucket. |
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Gate12
Veteran Joined: 10 November 2008 Status: Offline Points: 14966 |
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Because it happens sometimes it doesn't make it standard, if you've got positive results or shareholders baying for results you get them out as quickly as possible. I'd guess we delay ours as it reduces fear amongst sponsors, supporters, players etc. which is understandable. I don't want to be negative though so I'll say nothing further. |
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TekVues
Veteran Joined: 02 September 2011 Status: Offline Points: 1776 |
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Did anyone from the forum attend the AGM back in march? Apparently Darran Phillips gave an overview of the current financial situation. I would be amazed and slightly worried if this loss wasn't mentioned.
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mammamammon
Veteran Joined: 17 May 2006 Location: Ferryside Status: Offline Points: 2629 |
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"The Scarlets spent almost six per cent more on wages and salaries in the latest set of accounts at just under £6 million and the number of employees on the books rose significantly from 162 to 210 between 2013 and 2014"
At first reading the huge increase in staffing was a shock but if the wage bill only increased by 6% in that period it must be down to part time/match day staff being taken in house. Surely? Other than that I think it's understandable and doesn't include new TV deal, agreement with WRU or dual contracts. Loans to be taken out to cover the WRU impasse. Bearing that in mind there can't now be any excuse for an improvement in 2014/15 figures |
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mammamammon
www.hopemalawiuk.com |
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Why
Veteran Joined: 22 August 2010 Status: Offline Points: 8738 |
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We are deep in debt which is no surprise to anyone and yet people on here want us to sign Rokocoko and the like. Reality check we need to cut costs or we are doomed to insolvency.
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She asks why i still can't answer. I guess its in the blood.
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greypower1
Veteran Joined: 04 December 2010 Location: Pwll Status: Offline Points: 4205 |
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Question;- Do the Ospreys have any upkeep costa for the Liberty/
Question:- Do the Blues have any upkeep costs for the Arms Park? The point I am trying to make is that no two Regions have the same operating profile. You cannot compare one with the other as the playing fields of the four Regions are totally unlevel. I believe the cost of running Y Parc is crippling the playing side of the Scarlets. We really need the stadium to be owned by someone else and for the Scarlets to become tenants. How much rent do the Ospreys pay for using the Liberty? Any at all? |
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Keep the faith
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RR1972
Veteran Joined: 27 April 2009 Status: Online Points: 18277 |
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the ashtrays and us both have a long term lease on the stadiums don't we? I'm sure both the libaray and the parc are council owned? I think cardiff own the CAP tbh
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Tumblescarlet
Veteran Joined: 28 June 2009 Location: North Stand Status: Offline Points: 3535 |
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It was and the minutes were released on to here. |
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Wales only true rugby region.
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Tumblescarlet
Veteran Joined: 28 June 2009 Location: North Stand Status: Offline Points: 3535 |
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Perhaps finally the penny will drop with some on here, though I doubt it there are a few on here on cloud cuckoo land. |
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Wales only true rugby region.
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RR1972
Veteran Joined: 27 April 2009 Status: Online Points: 18277 |
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I didn't see anywhere here us losing over £1.7 million in that financial year if i'm honest the financial year ends this weekend, lets hope the board come out and post positive figures asap will help reassure people over our financial future Edited by RR1972 - 30 May 2015 at 11:23am |
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Tumblescarlet
Veteran Joined: 28 June 2009 Location: North Stand Status: Offline Points: 3535 |
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They did say the figures weren't good but that things were better now. As for ownership of Parc y Scarlets , really don't understand why people still get confused by this, the council own the land and the Scarlets own the stadium and facilities albeit on a 150 yr leasehold, which in the eyes of the law mean it belongs to the club . |
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Wales only true rugby region.
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RR1972
Veteran Joined: 27 April 2009 Status: Online Points: 18277 |
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Wasn;t part of the move to generate more income from the new stadium? the last 2 years published accounts show a loss of £2.5 million, suggesting we need to do far more with the stadium as others have suggested, what events are we hosting there during the off season this year?
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Tumblescarlet
Veteran Joined: 28 June 2009 Location: North Stand Status: Offline Points: 3535 |
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What amazes me on this forum is not that people don't go to the Crys 16 or Scarlets AGM but although the minutes are released onto this forum the amount of people on here who know very little of the financial situation of the club?. It makes me wonder what is the point of Crys 16 ?, these bouts put themselves out for the normal fan yet a lot on here take not a blind bit of notice what they report back ?
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Wales only true rugby region.
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