The offer he’s got in this case wasn’t so much about being “more than we could” but “more than we were prepared to” taking into account his age and where we are looking to a bit further down the road.

Going on rumours and who’s left the club I expect some further announcements on retentions and additions to the pack and a back to be announced shortly.

This is what i was talking about earlier in the year. Someone on the fax football forum said that New Zealand warriors are interested in taking over the club and buying the stadium from the council. At that time they were having trouble agreeing a price with the current board members who were supposedly asking for too much money for there share in the club. It could be like you say all bull or it could be exciting times ahead and maybe this is why things have gone a little quite after the season finished i hope so.

May be so but how do the football lot hear these things before the rugby lot. If it did involve buying the Shay I’m sure we would heard a lot moor screaming and shouting from the football contingency. Remember last time.
Faxcar my apologies. Yes it is more than we were prepared to pay.

I read the thread on the shaymen forum regarding the potential nrl club investment but thought it was just a wind up because they were moaning about us eggchasers ruining the pitch . Regarding potential investment if I had to guess I would say it would be more likely our sponsor Deliveree who have recently gained 75,0000 shares in the club .

All can say to any questions on this is i don't know it is all just rumors at the moment until anyone hears any different. I did also hear that eclipse energy were going to be investing more money into the club but that might not be true either we will just have to wait and see.

Having looked on companies house deliverees total equity went from £15000 in 2020 to £500,000 in 2021 , they became joint sponsors last year with eclipse energy , then in April this year bought 75000 shares in Halifax plc under the company name cc holdings . That profit growth is quite considerable in a single year , a projection at the same rate of growth would be 16 million in 2022 ( not saying this has happened btw but the food delivery service has become very profitable especially during and after the pandemic) some of what I have typed is obviously speculation but some is facts that can be found online .

Quote "May be so but how do the football lot hear these things before the rugby lot. If it did involve buying the Shay I’m sure we would heard a lot moor screaming and shouting from the football contingency. Remember last time.
Faxcar my apologies. Yes it is more than we were prepared to pay."

No need to apologise to me mate and I know you knew what the score was and what it does show is that the club knew about it in advance and will have taken steps to replace him and likewise with the other outgoings to replace at least some of them as well all within budget constraints.

Regarding the budget, up until just last week the game did not know what direction IMG would be going in and many clubs were in a state of paralysis because of the uncertainty on that aspect of the income streams ( I'm not sure they even know now) so if Fax have been doing a bit of business quietly behind the scenes wherever the funding has / is coming from they must have it covered because they are not known for risk taking.

The reality is the defeat hit the club and board hard, they need time to regroup and no doubt all the financial planning adjusted to the lower figures , then the announcement from headquarters about licensing comes in and kicks you again. Who the hell would want to invest time and money into rugby league ?

Yep no doubt losing against York was a financial knock but many of the decisions regarding the bulk of the squad including who would be retained, who were going and who would be replacing some of them would be worked on and taken before that based on a top 4 finish and a quarter final play off.

Missing out on the semis would have been hoped for, maybe even expected but any money coming in from that will likely affect the extra player who might not now be coming.

Where adjustments will need to be made for any contenders for the top flight concerns the criteria of the "A" and "B" categories which will involve a lot more than on field performance, in theory you could finish top of the league and go nowhere or finish half way down and meet the criteria and go up.

It wouldn’t surprise me if there wasn’t a lot of news until after the World Cup in November.

I think you are misreading their accounts. The figures you quoted above are in brackets, which means they are negative figures. So their net equity is minus £529k, not positive.

Their current assets are £32k, but they have liabilities of £587k.

I’m no accountant so forgive me , what does total assets minus current liabilities mean ? I can’t see a loan for 500,000 on their accounts .

P.s you are right when a figure is in brackets that’s negative, just googled it , you learn something new everyday , just find it strange if they’re in a negative balance how have they got 75,000 shares in fax .