FORUMS > St. Helens > Harlequins |
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| Quote: Rogues Gallery "Yes but if whoever gets the 65% is unwilling to invest that it's a useless exercise. Also I wouldn't blame Lenagan for wanting something for his his past investment.'"
It depends on how much the buyer would save by gaining the shares free of charge.
I agree, lenagen should get something for his past investment and don't blame him for hanging on for a buyer, but something needs sorting out at Quins and fast, hughes can't keep stumping up the cash when lenagan owns 65% of the club.
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International Chairman | 4958 | No Team Selected |
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Apr 2002 | 23 years | |
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| Quote: Rogues Gallery "Yes but if whoever gets the 65% is unwilling to invest then it's a useless exercise. Also I wouldn't blame Lenagan for wanting something for his his past investment.'"
Many companies are sold for £1, I am sure of all people Mr Lenegan should have been aware with "investments as well as possibly making money, you can lose it" as far I know he was given a deadline to sell the shares which I think was March, perhaps it is time for the RFL to stand firm and say he has to stand down from Wigan until he fully complies with the rulings.
How do you think David Hughes feels after he has put in $1.5 million of his own money annually the past few seasons, does he not have the right to more than 40% share ownership, I wonder how many other club chairman have invested as much, Simon Moran?
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International Board Member | 32357 | |
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Oct 2002 | 22 years | |
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| No sensible person buys an RL club to make money, but they shouldn't be expected to give it away either.
do you think McMannus will give his shares away?
And again I'll ask the question, who is willing to invest in Quins?
I really want them to survive and prosper. It's my second favourite away trip, after Catalan.
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International Star | 143 | No Team Selected |
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Aug 2010 | 14 years | |
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Sep 2010 | Sep 2010 | LINK |
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| Quote: jaybs "Sky is not a wild claim! they have Power and they can call the shots, but if "rumours" are to be believed Quins are not the only club in trouble!'"
Here we go again, saying its not a wild claim, but offering no evidence for the contrary.
Until someone, eventually, offers any evidence (which I doubt because we have been hearing this sky wants a team in london rumour for over 10 years), I will carry on believing that there is no truth in it
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International Chairman | 4958 | No Team Selected |
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Apr 2002 | 23 years | |
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| Quote: Moomin "Here we go again, saying its not a wild claim, but offering no evidence for the contrary.
Until someone, eventually, offers any evidence (which I doubt because we have been hearing this sky wants a team in london rumour for over 10 years), I will carry on believing that there is no truth in it'"
"The Pot Calling The Kettle" come on show me your proof of your belief then! No it is just northern bias, it is documented that the expansion of the game was why Sky came on board, if you are saying that is not true then you are burying your head well and truly in the sand!
No one has ever mentioned that Sky wants a team in London, as we have no proof of that, what is clear they want the game to be more national.
Anyway I now understand from good resources that an announcement could come as early tomorrow and that the Lenaghan shares will be released/sold and there will be a new owner of them! and that discussions are under way with a coach, but he needs to be released from his contract!
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International Board Member | 32357 | |
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Oct 2002 | 22 years | |
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| Quote: jaybs ""The Pot Calling The Kettle" come on show me your proof of your belief then! No it is just northern bias, it is documented that the expansion of the game was why Sky came on board, if you are saying that is not true then you are burying your head well and truly in the sand!
No one has ever mentioned that Sky wants a team in London, as we have no proof of that, what is clear they want the game to be more national.
Anyway I now understand from good resources that an announcement could come as early tomorrow and that the Lenaghan shares will be released/sold and there will be a new owner of them! and that discussions are under way with a coach, but he needs to be released from his contract!'"
I really hope that is true, and the club gets the investment it deserves. Good luck
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International Board Member | 11377 | |
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Sep 2002 | 22 years | |
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| Quote: Rogues Gallery "Yes but if whoever gets the 65% is unwilling to invest then it's a useless exercise. Also I wouldn't blame Lenagan for wanting something for his his past investment.'"
He can't have it both ways. He's left a 35% shareholder to pick up 100% of the tab at Quins, but wants a return on his shares? His shares wouldn't even exist had a non-controlling shareholder not services Quins losses while he wandered off to buy Wigan.
The club is losing a fortune - how much does he think shares in a lossmaking, wooden spoon challenging RL club in London are worth?
From what I've heard about IL around Quins, the guy's a snake and hopefully this all blows up in his face.
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Player Coach | 10399 | No Team Selected |
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Jun 2005 | 19 years | |
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| IL still having the shares is a typical example of the RFL's soft under belly. They stated that if IL wanted to invest in Wigan, then he had to have sold his share of quins by 2009. That date comes around and they agreed to give him dispensation on the issue because of the poor state of the economy.
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International Board Member | 88 | No Team Selected |
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Mar 2003 | 22 years | |
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| all the uncertainty at quins must surely make warrington nailed on for second in the league. they should be able to post a cricket score down there. since cas have something meaningful to play for, i can't see saints outscoring wire. so, an opening play off game at the HJ awaits us.
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International Chairman | 4958 | No Team Selected |
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Apr 2002 | 23 years | |
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| Quote: Offside Monkey "IL still having the shares is a typical example of the RFL's soft under belly. They stated that if IL wanted to invest in Wigan, then he had to have sold his share of quins by 2009. That date comes around and they agreed to give him dispensation on the issue because of the poor state of the economy.'"
Have you a source for the dispensation because of the poor state of the economy" ?? as far as I was concerned it was just pushed under the carpet, like the Castleford fine never heard anymore about that, they were supposed to be appealing?
I was no fan of Maurice Lindsay (sat through an interview with him for a job at Wigan, was glad not to get the job) but give him his due he set up Super League and saved the game in many ways with Sky, he was 100% committed in his own way, wish we had someone like him still today!
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Player Coach | 10399 | No Team Selected |
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Jun 2005 | 19 years | |
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| Quote: jaybs "Have you a source for the dispensation because of the poor state of the economy" ?? as far as I was concerned it was just pushed under the carpet, like the Castleford fine never heard anymore about that, they were supposed to be appealing?'"
I remeber seeing it written down in the media somewhere. I can't vouch that it was 100% reliable as I can't remember where it was.
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Player Coach | 1073 | No Team Selected |
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Mar 2008 | 17 years | |
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Jan 2015 | Sep 2012 | LINK |
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| London isn't interested in rugby league FACT. the amount of homes / names the London club as had in order to survive over the last30 some years is positive proof of that they have been given every advantageous thing . So lets stop deluding ourselves that it will happen in the smoke! get widnes or a Cumbrian team up in super league and admit to the pointless failure that is QUINS.
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Player Coach | 16170 | No Team Selected |
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Jul 2008 | 16 years | |
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| Quote: handrags "London isn't interested in rugby league FACT. the amount of homes / names the London club as had in order to survive over the last30 some years is positive proof of that they have been given every advantageous thing . So lets stop deluding ourselves that it will happen in the smoke! get widnes or a Cumbrian team up in super league and admit to the pointless failure that is QUINS.'"
London clearly IS interested in rugby league if reports of its spread in schools and at amateur level are correct. However, London is vast and Quins RL have been subsumed by where they are located as well as undermined by what I think is a limited coach and a severely limited budget thanks to what appears to be the underhand approach of IL. If the RFL has been able to sort something out for Quins so that they can be competitive again next season in the superleague then I'm all for it. They have local players in the team who have had aspirations to play for Quins and that alone is a sign of just how much rugby league has developed in London. I doubt it will ever be as big as soccer or RU but then there is such a diverse number of sports represented in the capital that most will be unlikely to get the crowds and media attention of those two. However, given the enormous challenges facing RL 30 years go, I think they have made an awful lot of progress and are definitely worth sticking with.
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Apr 2002 | 23 years | |
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| Quote: SaintsFan "
Everyone quotes this but I remain unconvinced. Where is the proof? All I saw on the last visit to the London RL site was loads of 18-nil walkover scorelines. Not indicative of a thriving amateur scene.
3 decades and still struggling to pull together a 2000 fan base. meanwhile dyed in the wool RL towns spend more and more years in the wilderness.
The other thing of course is that grass roots can still be fostered without a SL presence. They can come back when the roots are firmly reaping benefit.
All we see at Quins is empty seats. They offer nothing at all in the way of revenue to the other clubs in respect of visiting fans.
I dont mind being called a ' flat capper' just because I see things how they are. We tried , it hasnt worked. Whats wrong with having a strong heartland anyway ? A nice weekend away in London isnt a good enough reason to hand out a SL franchise.
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Player Coach | 1073 | No Team Selected |
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Mar 2008 | 17 years | |
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| Quote: Div "Everyone quotes this but I remain unconvinced. Where is the proof? All I saw on the last visit to the London RL site was loads of 18-nil walkover scorelines. Not indicative of a thriving amateur scene.
3 decades and still struggling to pull together a 2000 fan base. meanwhile dyed in the wool RL towns spend more and more years in the wilderness.
The other thing of course is that grass roots can still be fostered without a SL presence. They can come back when the roots are firmly reaping benefit.
All we see at Quins is empty seats. They offer nothing at all in the way of revenue to the other clubs in respect of visiting fans.
I dont mind being called a ' flat capper' just because I see things how they are. We tried , it hasnt worked. Whats wrong with having a strong heartland anyway ? A nice weekend away in London isnt a good enough reason to hand out a SL franchise.'"
totally agree Saints fan is clueless or has shares in the place!
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