Not only not brought any money in but wasted £400,000 a year on his salary & left & £750,000 debt for an "introduction" to a P.E firm on a wing & a prayer, who ....... who agrees a £750,000 finders fee for "deal or no deal" ???

Still, there's always the magnificent Papa Johns pizza deal to brag about !!!

And to think people criticised Nigel Wood with his running of the game. Over 2 million wasted on Elstone, PE and his staff.

Well Nigel Wood was equally as bad.

He arranged the current TV deal which everyone is so upset we won't come close to matching.

Money the game can ill afford to lose

Could be even more of a shock still to come.
Reported tonight in Rugby League Express.
It may be,repeat may be,that Derek Beaumont rode to the rescue!
Don't know the story - but if it has required Derek Beaumont to rescue the sport from the suicide of private equity,never,ever,will my gasted have been so flabbered.
This sport never fails to shock...

It didn't. Leeds and St Helens were always going to veto it.

Who suggested there should be contact?

If that were the case,why facilitate the first large pay out?

Be nice to gain a bit more information.

I enjoy the odd horror story...

His £400,000 a year would be better spent on the amateur game & referee training.

Beaumont also vetoed the P.E move.

Let's wait & see what transpires.

Yes but his presence didn't make any difference.

let me guess another restructure of the league like whats been talked about for yonks

The RFL held a vote and they also vetoed it.

is this another tumbleweed post then

Whatever you take it to be.
The individual I thought may have been outspoken - but hasn't been.
One of the original 3 Stooges seems to have been against private equity,correctly in my opinion,since before money was wasted.
Perhaps a tumbleweed sport...