FORUMS > The Virtual Terrace > Salford, the next Bradford?? |
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| If you read the article it’s a world away from an insolvency event. A sponsor is trying to raise cash for new signings ahead of the middle 8’s.
The rfl could boot them out for that but I’d imagine they’d end up in court. Plus it sets an extraordinary precedent.
The rfl have rules for any club that goes into admin etc. That being points deductions and reductions in central funding. They should be imposed accordingly but they don’t apply here.
I think the OP actually wants to see clubs getting into financial trouble.
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| ^^ No I don't at all, I'm a business owner myself and seeing other businesses get into financial trouble is something I never want to see. If you read my posts correctly you will see that I state that a drop down in order to rebuild could be a good option. If the RFL were a little more proactive rather than reactive then they may have been able to provide guidance a lot earlier to Salford. It may be dressed up as a sponsor trying to raise funds, but it's basically the club asking for financial help and the sponsor being the first to donate and get the ball rolling.
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| Quote: Willzay "Sir Kev is already here to stick the knife in like the prize bell end he is.'"
How you have avoided been banned is beyond me
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47943_1488655163.jpg http://flightsandfrustration.com/
It is "Fifita" not "Fafita"
If you don't know the difference between "there", "their" and "they're" I might get annoyed.
Sharing First World problems so you can get it right first time.
Millionaires wanted. Apply here --- Wakefield Trinity:d7dc4b20b2c2dd7b76ac6eac29d5604e_47943.jpg |
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| Is it not the case that Salford are tied into one of the, if not the most expensive stadium rental agreement in the league. Or at least that is what I remember Marwan saying a few years ago.
I get the impression that they have high overheads with stadium rent plus the stadium is bemoaned by Salford fans as hard to access. Relegation/demotion may cut their income far more than it cuts their costs so I wonder if relegation would be a severe downward spiral for them. Like caslad I don't want to see any business suffer yet without the cash of Marwan I don't know how they have a long term sustainable business model.
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| Quote: homme vaste "Wakefield are sustainable purely from our own income - We have no one pouring money into the club, what comes into the club is what is spent on the squad after all bills are factored in, nothing more. Should our chairman up sticks and leave we would continue as we are.
Huddersfield are propped up by Ken and should he decide to leave the club I can imagine they would struggle in the current situation they are in with there outgoings.'"
Comedy gold
Also from the delusions of a wakey fan. A new stadium coming soon, for free.
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| If the RFL were even remotely concerned about Salford, they would have placed them in special measures and restricted any further signings they made.
It doesn't seem like they've done that.
Has this fundraiser been orchestrated by the club officially, or is it one of the club sponsors who are doing this? The article is unclear.
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| The thing about being the "next Bradford" is that the Bulls have somehow retained a sizeable core support which enables a plausible longterm route back to the top flight.
Could Salford similarly hope to attract 6,500 in the 3rd division, and if they couldn't what would be the financial basis of their recovery?
Salford dropping out could all too easily spell oblivion and that would be absolutely awful.
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| Quote: Code13 "Comedy gold
Also from the delusions of a wakey fan. A new stadium coming soon, for free.'"
What is comedy gold about that? Everything I said is true is it not?
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| Quote: Pumpetypump "The thing about being the "next Bradford" is that the Bulls have somehow retained a sizeable core support which enables a plausible longterm route back to the top flight.
Could Salford similarly hope to attract 6,500 in the 3rd division, and if they couldn't what would be the financial basis of their recovery?
Salford dropping out could all too easily spell oblivion and that would be absolutely awful.'"
It's not so much about recovering, but finding your sustainable level.
Without a benefactor, Salford are probably (realistically) only self sufficient as a part time championship side.
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| Quote: Nothus "It's not so much about recovering, but finding your sustainable level.
Without a benefactor, Salford are probably (realistically) only self sufficient as a part time championship side.'"
With the rent they have to pay at the AJ bell that is probably true, if they were still at the willows and they had that extra income free to spend on their playing squad then perhaps they could look to compete with other clubs around the bottom end of SL.
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| Quote: Nothus "It's not so much about recovering, but finding your sustainable level.
Without a benefactor, Salford are probably (realistically) only self sufficient as a part time championship side.'"
I'd say that's the case for every club bar maybe 3 or 4.
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| Quote: Bullseye "I'd say that's the case for every club bar maybe 3 or 4.'"
I'm not sure it's as bad as that. Wakefield continue to demonstrate that it's possible to be competitive in SL without paying over the top for superstars and also without a benefactor's input.
I just think that in quite a few cases, clubs just need to be smarter.
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| Quote: caslad75 "The less said about Widnes the better.'"
Not sure what you're implying? Are Widnes dire on the field? Yes. Are Widnes running up massive debts or have a sugar daddy? No, but if you know any please let me know! We have one of the best academies in the country so not sure how it isn't sustainable.
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| ^^ I didn't suggest Widnes aren't sustainable, but from an outsiders point of view the club looks like it is happy with just being in SL, not adding to the value of it. Investment into community work looks great, investment in youth looks great, but it has to transfer up to the first team. It seems as though all work/investment stops short of investing in the first team to me. Thats only my opinion looking from the outside, but I'm happy to be corrected.
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| Quote: Willzay "Sir Kev is already here to stick the knife in like the prize bell end he is.'"
Please leave out the name calling or you can take a break from posting privileges. Thank you.
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