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Spoke to a couple of the senior players and coaching staff after game. They are extremely positive about the future and us being in SL next season. They agreed that timing of announcement may not have helped, a game too far and all that. When the stress and worry stops the adrenaline stops a bit.

Needless to say they had no excuses though and were thoroughly pi$$ed off with the performance. However they were talking about finals rugby and see wakey slipping on a banana skin.

I also had the utter pleasure of chatting to Omar Khan. He was excited, positive and extremely open to ideas and comments. A very likeable fella.

Awful result but I've come home surprisingly happy.

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Quote: Adeybull "The new owners are having to go through serious due dilligence by the RFL, to prove thgat they have the MILLIONS needed to fund the ongoing losses,
Quote: Adeybull "'"
'"


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

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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

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Quote: Adeybull "They did actually raise £500k - the figure I was told was £504k. I was also told that the vast majority of the amounts pledged were subsequently honoured by the pledgers.

The difference was from things like the extra money from the Leeds game, over and above what was budgeted (as they said at the time IIRC?) and things like the auction, I believe. the £400k referred to in the joint administrators' report, which I saw last week hence my reference to the number, was I believe the amounts directly from fans pledging, not through other fundraising. For example, not sure if the £400k includes or excludes the very substantial amount raised by the Bullbuilder bucket collection at the Leeds match, or the donation from Steve O'Connor.'"


Ok thanks

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Quote: Adeybull "They did actually raise £500k - the figure I was told was £504k. I was also told that the vast majority of the amounts pledged were subsequently honoured by the pledgers.

The difference was from things like the extra money from the Leeds game, over and above what was budgeted (as they said at the time IIRC?) and things like the auction, I believe. the £400k referred to in the joint administrators' report, which I saw last week hence my reference to the number, was I believe the amounts directly from fans pledging, not through other fundraising. For example, not sure if the £400k includes or excludes the very substantial amount raised by the Bullbuilder bucket collection at the Leeds match, or the donation from Steve O'Connor.'"

There is also the fact that most of the money was raised, or paid in, by cards which would lead to an automatic C2% lost in transaction charges.

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Quote: Adeybull "They did actually raise £500k - the figure I was told was £504k. I was also told that the vast majority of the amounts pledged were subsequently honoured by the pledgers.

'"


I was always amazed how they just managed to hit the pledge targets whether it was cash raised or season tickets sold.

If I was more cynical I might believe they were lying about that as well as all the other lies we were told.

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