WARRINGTON Wolves’s Challenge Cup triumph last year helped boost its parent company’s profits.
The Super League side beats Leeds Rhinos in the Wembley final in August, with players returning home to a welcome from more than 50,000 supporters.
Meanwhile, the club’s Halliwell Jones Stadium continued to provide the club with steady revenue streams.
Accounts recently filed at Companies House show Warrington Sports Holdings had a turnover of £6m for the year to November 30 – up from £5.7m the previous year. It posted a pre-tax profit of £211,000 – up from £28,000 in 2009.
Chief executive Andy Gatcliffe said: “It should be acknowledged that the current worldwide/UK economic climate situation has been and continues to present a tough environment in which the club operates.
“However, retaining the Challenge Cup for a second year eased the club’s cash flow.
“All club operation costs remain under constant review; however, long-term investment in the business continues.”
The Halliwell Jones Stadium is, said Mr Gatcliffe, “fully recognised as the template for present and future-build rugby league stadia”.
It houses health and education facilities for the community, including Warrington Primary Care Trust’s “Health Services at Wolves”, as well as commercial ventures PhysioFirst and Heathcotes@ Warrington.
Mr Gatcliffe said: “All of the above partnerships, supported by rental leases and/or hosting agreements, provide a valuable financial base for the group.”
