Shame Adey isn't on here anymore. Think it's a loss. As was the 600k.

That's quite a loss - since that was the year we went into administration, did we receive any funding allocation? I'd expect not given the RFL's previous genius policy of redistributing funding from financially insolvent clubs to everyone else.

Don't think we got any central funding for 2017. Also think the court case with the ex players was part of the accounts, plus lost majority of ST money.

The accounts at companies house will be making full use of the small company exemptions so really won't tell you an awful lot - there will be no p&l on there for a start.

What's the name of the company we operate under now? I can never keep track.

Okay just taken a quick look.
It was the company's first year of trade so we know that during 2017 the company made losses of roughly £580k. We'll never know the breakdown of that though unless someone has access to the full accounts.

In addition to that, the company had debts (owed money to others) totalling £790k, of which roughly £115k were due to paid within the next 12 months.

There was also about £96k sat in the bank at the balance sheet date.

A horrendous year but fully expected.

So we know someone stands to make some decent money when the land is flogged otherwise no-one (other than a Bulls fan Euro Millions winner) would drop that amount of cash down the wishing well...

Who's the masked money man?
Woody?
Is Chalmers more minted than we know?
Or is Madman Fookrash about to hove into view?

I can't wait for the film!

Am I over simplifying things by saying that either:

A) we have a hidden investor; or
B) we have no hidden investor and will go bust.

If that level of debt is being accrued on ACs shoulders alone then we're surely effed. Or am I missing something?

Rather than an "investor" we have someone that is covering the bills. One doesn't "invest" in a Championship RL team.

I just hope he/she hangs around and doesn't decide to stop covering those bills. I suspect the Odsal site is the reason they're hanging around.

It's not impossible to run a club in a sustainable way but probably not at Odsal. Look at Batley who balance their books and have a great setup. If fans are happy with just being in the championship that's the model to follow. Going any further requires extra cash.

Interesting point. Ive no inside knowledge at all on who is covering the losses. If you were asking me to guess though, I would speculate he is a newly enobled Knight of the Realm, based in New Zealand.

And yes, hopefully he will hang around. We certainly need him.

Could be the Knights of Ni for all I care

Who would that be, in plain English?

Graham Lowe

What makes you think he is minted?