www.totalrl.com/salford-red-devi ... 0000-loss/ Not good for the club but he keeps spending on players so can't be that bothered? Salford have sold less than 1000 season tickets for next season so how long will the DR keep putting money in at those big losses?

www.totalrl.com/salford-red-devi ... 0000-loss/ Not good for the club but he keeps spending on players so can't be that bothered? Salford have sold less than 1000 season tickets for next season so how long will the DR keep putting money in at those big losses?

I wonder who the "other long term creditors" are ?

When you consider the expense we've gone through since his arrival, I thought it would be much worse. In such a short space of time, he's sacked and paid off two head coaches (Phil Veivers and Brian Noble), paid off and sent two dreadful imports back home (Liam Foran and Vic Mauro), paid transfer fees for Rangi Chase, Gareth Hock and Tim Smith, paid for over 30 players and staff to travel over to South Africa, providing new facilities within the stadium such as a gym and players room and that's just off the top of my head.

I think his outburst over poor season ticket sales was a little premature, it was the start of November with plenty of time to go before the start of next season. I would guess that we'll equal or be slightly shy of last seasons sales.

It will be interesting to see what happens with Salford's attendances if things do click on the pitch, we've seen enough evidence to suggest the support is there unfortunately the team has continued to let the supporters down year after year.

Salford City Council and Peel Holdings.

Cheers.

A £5m loss on £2m turnover? Ouch.

Even men with very deep pockets get bored of throwing good money after bad eventually.

I have great confidence in the ability of Kevin "Nobby" Locke to come good, especially if the halves perform reasonably well. That will spark the Salford attack and make the team more attractive to fans.

The initial outlay to get the club out of a very deep hole along with having to upgrade the coaching/playing staff as well as dramatically increasing the quality of the facilities for the players and instigating a big push on young player development was always going to result in big losses showing on the accounts.
The new TV deal money along with some major sponsorship deals that have been brought in will undoubtedly help towards getting the books balanced in future years but that will still be a way off.The Salford fans need to start buying into the vision of Dr Koukash but i can easily see that happening given any sort of decent on field performances.Too many years of mediocrity and let downs have eroded a lot of the fan base and the stadium move certainly didnt help in retaining that base.

The biggest worry won't be losing £5m but the fact the club could only bring in £2m. That's less than Leeds make from non-matchday do's at Headingley.
Desperately need higher income.

They are, unfortunately there are no where near enough of them.

Yep. That's the number 1 problem and a lot to do with the stadium deal he inherited from previous administration. Is incredibly difficult to change

To be fair fans have been saying he'll go for two years now. I think Salford will finish top 6 next year. They have a much better, younger squad ad won't need months to gel.

Fans will come if Salford start winning.

Koukash has said many times, if he had of owned the club when we were at The Willows he would have kept us there. Presumably until we could finance our own stadium that would secure is guaranteed income on a weekly, monthly and annually basis. As it is, we're stuck where we are as tenants, receiving little but paying out a fortune.

Rich benefactor splashes cash and records big losses shocker.

TBH despite all the big spending so far, the big improvements and results on the field are yet to be fully felt.But its still early days and the Doc has the cash and has set himself a goal, losses are inevitable if he is serious about fulfilling them which on evidence so far he is.

The real acid test will be if or when the goal is achieved how things have changed regard turnover and bums on seats.we will see but i don't see him bailing on it for a while yet.

Clearly the people of Salford don't want an RL club. Only £2 million or so turnover is atrocious. Especially when 800k is sky money. Bring back franchising.