Wigan Report £432k Loss On £7.1m Turnover In 2017

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24 September 2018

Wigan Warriors reported an operating loss of £432,000 on £7.1m turnover in 2017.

That sum is less than the £605,000 they lost in 2016, Wigan Today revealed accounts filed at Companies House.

During 2017, turnover increased marginally to £7.1m, thanks to an increase in sponsorship and Wigan’s appearance in the World Club Challenge and Challenge Cup Final.

But Wigan’s expenditure topped that amount, with ‘like for like’ wages increasing by £240,000 “as a result of the company’s continuing investment in the playing squad.” The number of employees – administrative, playing and coaching staff – also rose from 89 to 98 last year.

Chairman Ian Lenagan- who owns 89 per cent of the club – will cover the shortfall.

See also...

Wigan post £600k Loss For 2016

Half Million Wigan Loss In 2014 "Money Well Spent"

 

 

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