Huh? What's this whole manual transaction thing about, then?
To pay miners directly out of generation transactions, Eligius must establish a list of who must next be payed out. Sometimes, it can't. (There is an orphaned block. Blocks were found too fast. Somebody is trying to DDoS the pool). In those cases, the pool reverts to an "regaular" pool, which is to send the generated coins to itself, then pays the users via a "normal" transaction.
However, this system is not automated like a regular pool, since it is exceptionnal behavior instead of normal behavior. Those manual payouts can only be initiated by the pool operator, wizkid and luke-jr. It introduces delay, because they must do them themselves, but it prevents that somebody that hacks the pool could get a hold of the private key of the pool's address and steal all those coins.
So Eligius does have money.