Wigan Warriors - wiganrugbyfans.com • Re: Lam to stay on in 2020
MattyB wrote:
I was under the impression it was rented. So that would mean we would have:
DW - Rent
Robin Park Arena - Rent
Town Centre Shop - Rent
Whereas last year we had:
Orrell - owned
Hilton Street properties - owned
Central Park School - Rent, moved.
As far as I can see.... no assets, other than the playing squad (contractors).
Happy to be proven wrong about Robin Park (hope I am).
Don't we still have Orrell? I didn't think it had been sold yet. Either way, it's great to have assets but what use is the land to the club if it's no longer fit for the purpose it was designed for? If the club wants to invest in other areas surely it's better to sell it rather than keep hold for the sake of having an asset.
Renting the DW saves us money in terms of maintenance. The big issue is not making money from hospitality and events. If the club can make up for that loss (which presumably is what they are hoping for with Robin Park) then it's removing that negative.
I'm not sure how our deal for Robin Park is going to work but if it means the club is going to take over the running of Robin Park and therefore make money from events held there then that should hopefully give us another source of income and make up for what we lose by renting the ground.
Statistics: Posted by Cherry.Pie — Sun Jul 14, 2019 10:02 am