After all the opening pomp and ceremony, this BOD nearly bankrupted the club within 2 years. I can't trust them to run the club, and after this "sudden" massive debt bombshell one has to wonder if they know what they're doing. As Sidney Young Blood once sang, it's now a case of "Sit and Wait".

Based on the data you kindly shared on the other thread, the sharp shift in our results in 2022 would suggest the writing was on the wall and the last board were probably happy to get shut, especially with the state and direction of the game and the championship in particular. Why did it get so bad so quickly, was that solely that years trading performance or some movement of liabilities. Despite the insistence of Mr Dean, was the scale of the financial state back then fully know to the new board.

Sorry I don't buy into some of the "allegations" thrown around and its obvious there is no love lost between some people. I believe both the past and present boards have wanted to create a successful Halifax RFC. Have they underestimated the task, clearly yes. But the landscape has changed, little chance of reward for success, loss of the middle eights which brought additional revenue and fans clearly walking away effecting attendances across the championship clubs.

A lot of the fans complaining about the state of our finances are generally the same ones moaning about the quality of our signings.

Gareth Dean ( wasn’t he deliveree ) is saying his motive is to save the club, is he in a position to do so, what is his financial status, record of running a business and / a rugby club and can he be trusted.

Lee Kenny by his own admission is here as a interim stop gap, Ian Uttley took a step back with current involvement unknown and the rest have already walked away so would there be much resistance to someone coming in?

Gareth dean is a prime example of ‘ people in glass houses shouldn’t throw stones’ especially when you’re thousands of miles away . However some of his ideas merit consideration.

Right, so to illustrate it’s like me saying another cowboy dealer has sold you a dodgy car when previously i’d done the same thing and when you called me out to fix it my own vehicle had broken down on route.

Pretty much .

Obviously we all discussed it on here at great length if I remember rightly, but the writing should really have been on the wall for a lot of our fans when we got the lowest financial score out of all the teams that announced their grading scores.

I wouldn't trust Gareth Dean for reasons stated above but lets face it, if he had handed over his shares like everyone else did there is a lot of goings on that we would have been non the wiser about. I think the BOD only informed us about some more details when it looked a lost cause especially when you see the date the club was informed of the winding up order and we still had Lee Kenny telling us things were looking up after that date.

We need a bit of luck who comes in next.

Looking at time lines seem to indicate that in between Lee Kenny saying things were looking okay to the cry for help was the TicketPass demise and not getting a promised 6 figure sum.

Most have assumed that there was a connection which seems reasonable but also how it wouldn’t be reasonable to think the TicketPass sponsorship would come to that amount.

Now if that was the case it may well dispel another assumption that the 6 figure sum was only connected to just one sponsor which actually no one did say that, so was there a change of mind from someone else leading to a double whammy?

Was it even TicketPass who let us down as they we’re still selling our tickets up to last Sunday’s game and it was someone else completely?

The club have never named names of failures when this has happened in the past for at least moral reasons and causing further embarrassment and aren’t likely to.

As before we’ll likely never know with the moral being, we can’t trust anyone including our own assumptions if recent experiences are anything to go by.

Ah Mark Moore a name from the past - he was the guy who weighed in our speedway track crash barriers for scrap money!

Blimey is it the same bloke from Beds r uz or whatever it was called? Tried to buy the club with its own money IIRC and it all fell through. A real low point.

Don’t know him personally and was neither championing him or otherwise, only mentioned him answering another post that said we had short memories and needed to remember what had happened to the Bradford’s fans donations.

My reply was we were all well aware of what had happened at Bradford and certainly Mark Moore was as he had mentioned it and from what you say he would be.

Things got a bit clearer/more muddied depending which way you look at it this morning. Gareth Dean it turns out has a 19% holding of the total shares and is willing to sell these and give anything he makes on top of his original outlay (approx 30k) back to the club. He says he will accept 40p per share which is what he paid for them but unless I am missing something there is no way that anyone in their right mind is going to pay 40p per share for something that was almost worthless just a couple of days back. In reality even as low as 5p a share seems a bit of a reach.

Is this a bad take or am I completley losing my mind as to what is going on here?

No, looking at the time lines that happened much much earlier.

Where have you got that info from GFB?