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| FORUMS > The Virtual Terrace > Salford financial crisis worsens after council local reject bail out bid |
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14417.gif
OLDHAM RLFC
RUGBY LEAGUE CHAMPIONSHIP
WINNERS: 1904-05 1909-10, 1910-11, 1956-57
Runners Up: 1906-07, 1907-08, 1908-09, 1921-22, 1954-55
FIRST DIVISION
CHAMPIONS: 1904-05
RUGBY LEAGUE CHALLENGE CUP
WINNERS: 1899, 1925, 1927
Runners Up: 1907, 1912, 1924, 1926
LANCASHIRE CUP
WINNERS: 1906–07, 1909–10, 1912–13, 1918–19, 1923–24, 1932–33, 1955–56, 1956–57, 1957–58
Runners Up: 1897–98, 1900–01, 1907–08, 1909–10, 1921–22, 1956–57, 1957–58
LANCASHIRE LEAGUE
CHAMPIONS: 1897-98, 1900-01, 1907-08, 1909-10, 1921-22, 1956-57, 1957-58
Runners Up: 1895-96, 1896-97, 1898-99, 1899-1900, 1908-09, 1910-11, 1911-12, 1923-24, 1954-55
SECOND DIVISION
CHAMPIONS: 1963-64, 1981-82, 1987-88
SECOND / DIVISIONAL PREMIERSHIP
WINNERS: 1988, 1990
Runners Up: 1992
NORTHERN FORD PREMERSHIP
Runners up : 2001
NATIONAL LEAGUE TWO/CHAMPIONSHIP 1
Play off final runners up: 2007,2008,2009,2010:14417.gif |
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| Quote: JB Down Under "Lets see if the rfl are as generous as they were with Bradford.'"
the RFL can't afford to bail out salford... | | |
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| International Board Member | 1642 | No
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| Mar 2003 | 22 years | |
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Someday, somewhere, today’s empires are tomorrow’s ashes.: |
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| Quote: DemonUK "If i remember rightly the club announcement said 'firms like kpmg'. The business plan was based on 1.5 million pounds of loans not an investors cash. This is being strung out as long as JW can do to try and force the RFLs hand. The club is now subject to a second winding up petition brought by Luke Patten. This was reported in Business Week on Friday. There are no investors and if there were they will not be taking on your debts.'"
He did say 'firms like KPMG', but by this he meant 'two firms, one of which was KPMG', not 'a firm called PKGM, which is a firm like KPMG'.
Do you have any evidence to suggest John WIlkinson is stringing this out?
In the fans meeting, he told us there were two interested parties. If you know neither of them exist, can you tell us how you know this? | | |
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| Rank | Posts | Team |
| International Star | 17980 |  |
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| Apr 2011 | 14 years | |
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simpsons/simp006.gif
:simpsons/simp006.gif |
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| Quote: Red John "No need to apologise. It's a public forum, after all.
Plans are, indeed, only plans, but you can look at a business plan and determine, within reasonable parameters, how viable that plan would be. A plan that shows Salford pulling in 8000 in their first season at Barton was like a Baldrick plan. A plan based on drawing attendances similar to last season seems more reasonable, doesn't it?'"
Absolutely right.
I cant remember which footie chairman it was (it may have been Ken Bates back in his Chelsea days), who always spoke of budgeting for a mid table finish and going out of both cups in the 1st round that they played in (obviously 3rd round of the FA Cup etc, but you know what he meant) and this was to prevent over ambitioous spending.
Certainly a number of SL clubs have been guilty of hoping/expecting too much and its certainly a shame for your club, who appeared from the outside to be following a sensible plan. Although if you did need 8000 fans to "break even", then clearly,, not enough was being done to achieve this in terms of marketing and promotion and you certainly weren't helped with the enforced switch of the Wakefield game at the end of last season.
FWIW, I hope that you come through the other side, good luck ! | | |
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| Club Owner | 33944 | No
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| Mar 2004 | 21 years | |
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9005.jpg
kcab sfrawdder
Luck is a combination of preparation and opportunity
Just to avoid confusion Starbug is the username of Steven Pike
SOMEBODY SAID that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!:9005.jpg |
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| Quote: Red John "Who told you the club had such business plans in place? Just because something appears on a fans' forum doesn't mean it's true. Not even if they put 'FACT' in big important capitals at the end of it.
The club's forecasts were, it appears, based on attendances of 8000. These were obviously massively over optimistic, and you did spend a lot of time on the Salford forum saying that. The new business plan seems to be based on attendances closer to those achieved last season, which is - implicitly - what you were saying they should do, so why wouldn't you believe this plan is more viable?'"
It depends if this new plan includes a sizeable marketing budget, and somebody on the payroll able to deliver the neccessary work to increase the support base, if it does then it might stand a chance of success | | | |
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| Rank | Posts | Team |
| International Chairman | 16250 |  |
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| Feb 2002 | 23 years | |
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| Feb 2020 | Feb 2020 | LINK |
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953.jpg
2015 - major missed opportunity, 2016 - stronger teams = harder task (no problem there then), 2017 - OMG What now!!!:953.jpg |
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| Quote: Red John "Quote: Red John "If i remember rightly the club announcement said 'firms like kpmg'. The business plan was based on 1.5 million pounds of loans not an investors cash. This is being strung out as long as JW can do to try and force the RFLs hand. The club is now subject to a second winding up petition brought by Luke Patten. This was reported in Business Week on Friday. There are no investors and if there were they will not be taking on your debts.'"
He did say 'firms like KPMG', but by this he meant 'two firms, one of which was KPMG', not 'a firm called PKGM, which is a firm like KPMG'.
Do you have any evidence to suggest John WIlkinson is stringing this out?
In the fans meeting, he told us there were two interested parties. If you know neither of them exist, can you tell us how you know this?'"
No i don't have evidence. It is only my opinion. Up to now i have been right every step of the way on what will happen. With Luke Pattern lodging a second petition it looks like more money will be required immediately to stave off major major problems. I just think the closer you get to the start of the season there is more chance that the RFL will have no choice but to assist to avoid further embarrassment and problems | | |
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| Rank | Posts | Team |
| International Chairman | 16250 | |
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| Feb 2002 | 23 years | |
| Online | Last Post | Last Page |
| Feb 2020 | Feb 2020 | LINK |
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953.jpg
2015 - major missed opportunity, 2016 - stronger teams = harder task (no problem there then), 2017 - OMG What now!!!:953.jpg |
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Also the phrase 'firms like kpmg' does not mean that one of them was kpmg, unless of course a further statement has been made saying that. I have only taken the literal meaning of the official statement.
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