Honestly, the progress financials would normally never have made anyone look twice, but it’s a slow news time, sooooo...
*if* during the two years of the accounts people really were only being offered £50 to wrestle, that’s not great - but it’s still a better hourly rate than I’ll see in my life.
Otherwise - looks like a sensible business to me. They’re the ones taking the risk. They’ve got a decent sized team. They’re enabling plenty of others to make money, too. And it’s HARDLY ‘eating caviar in private jets’ money!
As for ‘keeping the lights on’ - a lot of promotors won’t bother. They won’t come back after this, because they’ll find it so hard to make it profitable with likely far smaller crowds and in a recession. So again, valid.
Does this level of profit mean they could pay people more? Yeah. But when you break it down per performer, per show, we aren’t talking the difference between eating and starving. We’re talking an upgrade from sandwich to meal deal.
Also, there’s a lot that abbreviated accounts don’t tell us about how a business is run.

If you don’t like the product, don’t support it. But don’t believe that every other promoter is doing better by the workers, because they are not.
As an aside: I will never agree with anyone being asked to work for free. I hate that it’s so prevalent in wrestling. If you need someone to make profit, pay them accordingly. No exceptions.
You can follow @deathbysuzy.
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