Quote: Greg Florimos Boots "There is a chance that Wakey is Spirit of 1873.'"
Yes, good call Greg, I should have seen that as the old Wakefield Trinity company sold its assets to Spirit of 1873 before it got dissolved.
Wakefield's accounts obviously relate to when they were Super League in 2023 showing them making a profit of £2.7 million, but that included a grant from Wakefield Council for £1.6 million ans a shareholder loan write of of £1,275 million, so stripping them 2 out would show a small loss. They have net assets of £3.5 million but this includes nearly £14 million for the ground and other facilities but creditors include loans building the stuff. They're deferring some further council funding whilst the stadium has/is being constructed, but they look pretty strong nevertheless, that's what we've been competing against, not a cat in hell's chance!