Quote: MjM "Wigan have one of the worst Balance Sheets in the league. It would just be Leeds. Beverley red has obviously never run a business - debt isn't a bad thing, it is vital for investment. It's only bad if you can't service it.'"
My point is that most clubs can't service debt the only real cash in the game comes through SKY & gate reciepts & most clubs are struggling if they dont have directors putting in cash. I have no wish to stop that but any cash they put in should not be secured as a loan on the club's assets. The only thing they should have is shares in the club that they can sell if they wish, if they manage the club well the shares will be worth money to buyers if they dont manage well the shares will be worthless but at least the club wont go under if they pullout.