I think you need to read up on Ebbsfleet United. They got relegated and a couple of months ago they were close to going out of business as a football club. I'm not sure if they ever sorted that. They've gone backwards since this takeover.

Stolen my thunder, almost to the word!

It's a great idea, could raise enough for two players (a senior and a junior?) with a high take up. Fans get a 'share' certificate to hang on the wall, player pops to supporters club events every now and then. I'd be up for it and I'd get a subsription for the kids as well.

Why say 'I think', when the facts are rlfreely available to the publicrl?

Total liabilities of Cas Tigers are £2,200,043. Including £958,352 owed to creditors, a £289,491 overdraft and a £950,000 short term loan.

I wouldn't buy in as a serious investment. If I was wealthy enough to not need a couple of mil, then maybe I would use it as a hobby, but by buying in to a Rugby League Club, you are essentailly going to try and run a charity to a large extent.

At times I look at things and think that if people drove it hard like a business and were extremely aggressive, then it could work - but there are hugely more powerful, taltented and successful people than me have tried and lost, so maybe it is impossible.

A collective can work as being described - I think it would have to register as a charity or charitable foundation and then "donate" the cash to CTRLFC in order to be elligible spend under the cap - it is a twist on a squad builder so no reason why not to go for it. Could go one further and contact agents and the squad builder could essentially 'own' the player as a 3rd party - Carlos Tevez anyone?
Only thing I think you would find is that the commitement of £10 a month would have to be committed up front in a lump sum to get away from the debt recovery situation if people signed up and defaulted. The best bet would be to start a 2013 squad builder scheme now, probably in conjunction with Barnsley Building Society as they have a pathway already, so you generate some capital ahead of next season so you can start out strong maybe?

The bit about becoming the players own agent is a joke, although I am a bit tempted to try and negotiate a better deal, as I am arrogant enough to think I can do anything if I put my mind to it!