There's only a can of worms if you believe GH is taking money from the club rather than signing/paying players. I'd be careful what is being hinted at WRT what a private company is doing with money when nobody on here has a clue. Without actually understanding how the business operates, nobody reading static accounts can read too much into specific payments/receipts.

Quite true. However, it is worth pointing out that the common thread to most director's loan arrangements is the avoidance of tax over a period of time.

So what do we all think about Gary's letter this morning?
Basically saying there'll be a full review of playing, coaching and managerial staff in a few weeks time after the Wigan game.

The point I was trying to make is you can get plenty of quality players in the NRL - we should know we have plenty - without any transfer fee. How many youngsters have been through our academy and attracted a substantial transfer fee?

It is preferable from an interest point of view to see youngsters come through also from an aspirational point for the amateur game. Whether it is cost effective I am unsure especially if you look at the number of coaching/conditioning staff required to support it?

It looks good when you are producing a production line as in early 2000's but it clearly isn't delivering if the last 18 months is anything to go by

Things must be bad for him to write a note in that context - if things don't improve he can't sack all the players, he can't get new ones in and he is going nowhere so it all points one way!!

He's getting you banned from the internet?

You wish

A new playing kit?

Well done Sal and Loiner - nice work.

I'm off to edit the Cas - Leeds game now with a smile, it won't last long.

If true and I'm not suggesting you are not reporting what you have seen accurately BBB, this seems very strange. If true it seems a bizarre use of funds by a club trying to fund a major ground redevelopment and failing to recruit enough quality players to replace the outgoing generation.

Someone responded to the post with....

[iLots of companies do this instead of wages and bonuses, was 2015 a good year? That maybe the reason, also shareholders can take them as well, it is nothing illegal or improper as probably those members of this site with own companies will know.[/i



Also: MODS can we please get rid of those social sharing buttons, or move them to the top or bottom of threads. They're a pain in the arris!

The loans were for buying the rugby union club were they not?

So no risk for the directors - if it fails Leeds will simply write the debt off.

Is that the best use of limited resources when you are struggling to fund major capital projects?