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214 posts in 9 pages

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Quote The Trip="The Trip"It's obvious with the admissions over the past few days that the club has a debt position that is at a critical stage.

1. They could release 350k from NM if full planning had been granted and not called in.

2. The RFL refused a 350k loan.

3. Now a 500k share issue.

The RFL have obviously knocked back the loan because it will be for trading/historic debts and now it's time to turn to the supporters to do so.

However hard a decision in the harsh economic light the club has to go into administration. Then and only then would potential suitors step forward to deal with the administrators instead of dealing with the present BOD. You never know this is maybe why the interested parties have stepped back at the 11th hour (it's common sense and practice for them to do so) and what if a deal has been done with the RFL with the interested parties pending the present incumbants placing the club into admin.

It does not make any sense whatsoever to buy debt.

It's a gamble either way.

Place your bets.'"

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International Chairman	5392	No Team Selected
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Quote Theboyem="Theboyem"On that note are any other departures likely to ease the wage bill and raise a bit of quick cash? i'm thinking people like Murphy, Ferguson And Obst who probably have a bit of sale value?'"

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Quote MOPSEY LIVES ON="MOPSEY LIVES ON"why have 3 people in the shop,lets save money, why have a head of sports science, hes a conditioner, why have jk on the bod, cut backs are easy, sack some of the bod moree savings'"

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Quote jack in the box="jack in the box"Good points, I asked Lord Ted all these questions myself and he did admit these are all errors he has made.

However he then pointed out there are examples when he has got it right and he did say he saved a few quid when he didn't employ you

'"

214 posts in 9 pages

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