Quote ="faxtastic"the walls are closing in
'"
Here's the get out clause.
RFL:
[i"The Crusaders, who were founded in 2005, have met many of the targets they were set after being awarded a three-year Super League licence 12 months ago but have been experiencing difficulties due to the adverse economic climate."
“However they are in it for the long haul and we are determined to do what we can to help them find additional investors. We are trying to establish a Super League club outside the traditional rugby league heartland, which would have been a tough ask at any time, never mind in the depths of a worldwide recession."
“When their Super League licence was first approved the world was a very different place to what it is now and no-one at Celtic Crusaders could have anticipated many of the difficulties they have faced."[/i
[urlhttp://www.totalrl.com/features/content.php?feat_id=746&featcat_id=49[/url
Looks like the RFL were the only people on earth unaware we were heading into a major recession last July. That will now be the excuse they use to keep all those clubs who promised new stadiums in SL come the next round of licences.