The key question is how much is the debt?

Without knowing this it’s impossible to know if any funds raised will simply pay short term debt or secure the clubs long term future.

As for the £700,000 from shareholders…..that I would suggest needs proving.

I think we all agree the IMG system is ridiculous ....... if this would have happened in soccer the media would have been all over it like a rash, but RL get away with it because the media don't care, despite the IMG's delusion that RL stadiums require 50 press seats (lolololololol)

Everything connecting our game with IMG is e! Allus has been from day one. ...and we voted in favour of it. Grrr!

Looks like Salford are in dire straits financially. They are having a meeting and asking for £500,000 advance on their central funding. The whole sport is devoid of money at every level.

Tip of an enormous iceberg

Every RL club is running on fine margins, living month to month, one letter or demand away from been in the mire.

Only going to get worse, there's less and less central funding, less revenue coming in, and costs constantly going up. The employee national insurance contributions is going to hit some clubs hard next year. Im sure TonyFax mentioned on the accounts thread some clubs have over 100 employees, that's going to be a huge cost increase