Whatever way you look at it, it was £2m. Not being able to get repaid and writing it off are 2 different things entirely. He could of issued a winding up order against them to recoup some of it if he had wanted to.
A massive show of generosity

It meant the club survived. If he wanted even a percentage paying back we wouldn't have survived. Simple really.

Don't get me wrong it's brilliant he put in £2m and I applaud him for it. I just don't think he was ever going to get anything back - write off or no write off.

We need more people willing to put big money into clubs, but not as much as we need a commercial platform to help clubs exist without them.

Of course he would of got some of his money back. Had he chosen to go down the route of obtaining a winding up order, the administrator would have the right to sell all of the company's assets in order to repay it`s creditors.

I don't know what assets Salford actually have other than players contracts. There must be some but no idea what the value is. If he had placed a winding up order on them he could reasonably expect to get 20 - 50p in the £1 back. That equates to £400k - £1m back. I think it is really incredulous that Salford fans dont appreciate what he has done for the club. I doubt they would even be here without him

With there squad at the time he left, I think they would have covered a lot just from fees involved from players. To put it into perspective in a similar situation Saints paid 50k to Wakefield for Kyle Amor who was an okay but not brilliant player at the time, and Hull FC paid us 30k for Sam Obst.

He can't place a winding up order - the Court does that. And if they did the contracts would be void anyway so you couldn't sell them and he'd get nothing.

You might be talking about him asppointing Administrators as a secured creditor to realise assets for his benefit but there is zero chance he's get £1m back from doing that.

He can apply for a winding up order, which wouldn't be refused. The court would then appoint an administator

Christ!

This is about the game on Saturday. I think Salford's financial situation and Koukash has been discussed ad infinitum the last five years. Shall we give it a break?

Thread derailed somewhat without even a whiff of garlic or a "legendary" Netball player.



3 days and counting.... wonder how long it'll be before any nerves kick in.

First try is big on Saturday - Salford get it and I can genuinely see another Saints wobble coming

I'm happy that this group of players will never give in, and I'm certain that they'll not give in this time either, especially being the occasion it is. I just hope that it'll be a good game, and barring that, a game not decided by a dodgy decision or call. Just look at the NRL GF. More people talking about the dodgy call than the game.

Heart says Salford, head says Saints.

As a Salford fan I'll be disappointed if we lose, but not overly so. The ride this season has been incredible, and we'll at least say that we were beaten by the deserved best team in the league.