Quote: Northernrelic "Maybe the could show they have Millions in their bank account - but of course that does not mean if the going got tough again they would choose to put those Millions in - they are not giving an unconditional guarantee. I would have thought the more relevent test would be the quality of their business plan to balance costs and income'"
bit hard to balance their books when the income will be determined at a future date by the RFL:
Will they be in Super League
If yes, what will they be getting from the RFL as regards Sky Money and what will the RFL be charging them to play at Odsal
How many fans will pay up front for season tickets and at what price.....
That's a lot of unknowns to base a business plan on to balance the books