Wigan Warriors issue statement on their huge financial loss

Wigan Warriors are battling with the likes of Warrington Wolves, Leeds Rhinos, Leigh Leopards, Hull KR, Salford Red Devils and of course Catalans Dragons to dethrone Champions St Helens.

It is unquestionable that Wigan are one of if not the biggest club in British rugby league and their reputation is huge down under as well.

The Warriors have hit their stride in recent weeks and months and have stormed to the top of Super League led by Bevan French and Jai Field.

They are the sport’s most successful club lifting a 20th Challenge Cup last year.

Under Matt Peet, 2022 was a return to form for the Warriors after a lukewarm and injury hit final season under now Leigh Leopards boss Adrian Lam.

They brought the best out of Jai Field and Bevan French with French even scoring seven tries in one game against Hull FC.

They stormed to second in the league and looked headed for Old Trafford until Leeds Rhinos stunned them at the DW Stadium.

A success on the field with the Challenge Cup Final success but what about off the field.

Well they unfortunately made an operating loss financially but so did the other 10 British clubs according to reports.

Here are the club’s finances from 2022 as provided by Company House:

Turnover: £6,633,231

Operating loss: £1,153,644

Loss for the financial year: £1,215,515

Total comprehensive income for the year: £1,215,515

It is less of a loss than in 2021 when they made a loss of £1.75m and it is important to remember that clubs are still pulling themselves of the mess that Covid sparked.

A statement accompanying the published results at Companies House said: “The board’s medium-term goal for the company continues to be to achieve a break-even performance to both ensure the financial sustainability of the company and to provide the best opportunity for continued success in Rugby League.”

“The board believe, under the direction of new ownership, that the most appropriate path to financial sustainability is to target revenue growth in all areas whilst continuing to invest in the playing squads to maximise performance and provide an exciting product to Wigan Warriors and Rugby League supporters, in general.”

Wigan may have suffered a loss but the club continue to be a driving force for the sport.