Joined: Feb 20 2002 Posts: 1988 Location: Happy Valley
William Eve wrote:According to the accounts posted on a Rhinos Facebook page, GH received an unsecured interest free loan of 500k from the club, and Rob Oates received a 200k loan on the same terms. This was a couple of years ago. I've no idea whether there is any significance or connection between those loans and Leeds reluctance to sign any players to improve the squad.
If true and I'm not suggesting you are not reporting what you have seen accurately BBB, this seems very strange. If true it seems a bizarre use of funds by a club trying to fund a major ground redevelopment and failing to recruit enough quality players to replace the outgoing generation.
Last edited by TOMCAT on Mon Mar 06, 2017 2:21 pm, edited 1 time in total.
Gotcha in 2016 wrote:McDermott is going. I actually think he is more relaxed because of it, and seems to have let the shackles go. He apparently asked to finish the season, and that is what they agreed.
Lots of companies do this instead of wages and bonuses, was 2015 a good year? That maybe the reason, also shareholders can take them as well, it is nothing illegal or improper as probably those members of this site with own companies will know.
Also: MODS can we please get rid of those social sharing buttons, or move them to the top or bottom of threads. They're a pain in the arris!
Gotcha in 2016 wrote:McDermott is going. I actually think he is more relaxed because of it, and seems to have let the shackles go. He apparently asked to finish the season, and that is what they agreed.
Joined: Feb 27 2002 Posts: 18060 Location: On the road
Gotcha wrote:The loans were for buying the rugby union club were they not?
So no risk for the directors - if it fails Leeds will simply write the debt off.
Is that the best use of limited resources when you are struggling to fund major capital projects?
Your job is to say to yourself on a job interview does the hiring manager likes me or not. If you aren't a particular manager's cup of tea, you haven't failed -- you've dodged a bullet.
loiner81 wrote:So anyway, its £50 to Leeds Foundation then.
If Leeds are in the top 4 after 23 rounds you donate it. If Leeds are out of the top 4 after 23 rounds I donate it.
Halfway'ish. Are you getting nervous Sal?
Gotcha in 2016 wrote:McDermott is going. I actually think he is more relaxed because of it, and seems to have let the shackles go. He apparently asked to finish the season, and that is what they agreed.
Joined: Feb 27 2002 Posts: 18060 Location: On the road
loiner81 wrote:Halfway'ish. Are you getting nervous Sal?
£50 is not the issue for me that it appears to be to you - it is going to a very worthwhile charity so as before its a win-win.
Your job is to say to yourself on a job interview does the hiring manager likes me or not. If you aren't a particular manager's cup of tea, you haven't failed -- you've dodged a bullet.
Sal Paradise wrote:£50 is not the issue for me that it appears to be to you - it is going to a very worthwhile charity so as before its a win-win.
Could care less about the money, it's not like you're paying me. The charity wins either way.
Showing you up once again though.... Must be a killer to get it so wrong, year up on year upon year.
Gotcha in 2016 wrote:McDermott is going. I actually think he is more relaxed because of it, and seems to have let the shackles go. He apparently asked to finish the season, and that is what they agreed.
Joined: Feb 27 2002 Posts: 18060 Location: On the road
loiner81 wrote:Could care less about the money, it's not like you're paying me. The charity wins either way.
Showing you up once again though.... Must be a killer to get it so wrong, year up on year upon year.
I can live with it - believe me - long way to go yet
Your job is to say to yourself on a job interview does the hiring manager likes me or not. If you aren't a particular manager's cup of tea, you haven't failed -- you've dodged a bullet.
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If true and I'm not suggesting you are not reporting what you have seen accurately BBB, this seems very strange. If true it seems a bizarre use of funds by a club trying to fund a major ground redevelopment and failing to recruit enough quality players to replace the outgoing generation.
- it is going to a very worthwhile charity so as before its a win-win.
