FORUMS > The Virtual Terrace > Crusaders - I hope the RFL are keeping an eye on them |
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33791.jpg [b:1swa1vwo]Change is inevitable
...except from a vending machine![/b:1swa1vwo]
[quote="BillyRhino":1swa1vwo]So in best IA mode ..<.Possibley World Class, could be the greatest thing since sliced bread....am personally very excited, and confidently expect him to prove my predictions are bang on target.... Alternatively he could be rubbish>
IA mode off. [/quote:1swa1vwo]:33791.jpg |
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| Apologies, if this has been posted but previously but the following link makes interesting reading!
rlhttps://www.wrexhamafc.co.uk/page/NewsDetail/0,,10311~2342269,00.htmlrl
I understand that the RFL have a £700k charge on the Racecourse ground as part of the deal they struck with Moss & Roberts, so if the Racecourse ground gets sold then the RFL will possibly get some or all of that money back. However, given that Moss & Roberts own the Crusaders and don't have any money to invest, then surely the RFL then I have to think that the Crusaders do not have a viable long-term financial future. I think this is the beginning of the end of Crusaders. There is no way the RFL should really be considering offering the Crusaders another licence if Wrexham FC goes under and the Racecourse ground goes up for sale... I suspect that come the 6th May then this will be all over, unfortunately for Wrexham FC. I think in July the RFL will have no choice but to boot out Crusaders, assuming that they survive that long and suspect they might end up not finishing the season either way!
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33791.jpg [b:1swa1vwo]Change is inevitable
...except from a vending machine![/b:1swa1vwo]
[quote="BillyRhino":1swa1vwo]So in best IA mode ..<.Possibley World Class, could be the greatest thing since sliced bread....am personally very excited, and confidently expect him to prove my predictions are bang on target.... Alternatively he could be rubbish>
IA mode off. [/quote:1swa1vwo]:33791.jpg |
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| Quote: t-r-i-n-i-t-y "Am I right in understanding the the RFL's loan to the Crusaders is guaranteed on The Racecourse Ground?'"
Yes, I am led to believe so.
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43540.jpg :43540.jpg |
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| Quote: The Chronicler of Chiswic "Something else to throw into the mix. The BBC are reporting that messrs Moss and Roberts have said that they have no more money to put into the soccer club and HRMC want their loot by the 6th. of May, also that a number of parties have expressed an interest in buying the Racecourse Ground. This may just be an attempt to get Stephanie Booth and/or the supporters' trust to get their fingers out and make a proper offer intead of faffing around making statements to the media, of course, as if Wrexham F.C. go bust a new club probably wouldn't be allowed into the English pyramid but would be consigned to the tender mercies of the Welsh FA. Perhaps there's some mileage in the whisper I heard at the Saints game that the Crusaders will be around next year , but maybe not playing at the Racecourse (with the Deva stadium not up to SL standards the only reasonably local ground would be Shrewsbury - suit me nicely!).'"
They would be allowed back into the English pyramid (probably at Unibond North level) as Merthyr were when they went under last season.
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//www.pngnrlbid.com
[quote="bUsTiNyAbALLs":9q9d2t35]Do not converse with me you filthy minded deviant.[/quote:9q9d2t35]
[quote="vastman":9q9d2t35]My rage isn't impotent luv, I'm frothing at the mouth actually.[/quote:9q9d2t35]: |
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| Quote: Inflatable_Armadillo "Apologies, if this has been posted but previously but the following link makes interesting reading!
rlhttps://www.wrexhamafc.co.uk/page/NewsDetail/0,,10311~2342269,00.htmlrl
I understand that the RFL have a £700k charge on the Racecourse ground as part of the deal they struck with Moss & Roberts, so if the Racecourse ground gets sold then the RFL will possibly get some or all of that money back. However, given that Moss & Roberts own the Crusaders and don't have any money to invest, then surely the RFL then I have to think that the Crusaders do not have a viable long-term financial future. I think this is the beginning of the end of Crusaders. There is no way the RFL should really be considering offering the Crusaders another licence if Wrexham FC goes under and the Racecourse ground goes up for sale... I suspect that come the 6th May then this will be all over, unfortunately for Wrexham FC. I think in July the RFL will have no choice but to boot out Crusaders, assuming that they survive that long and suspect they might end up not finishing the season either way!'"
That seems a fairly pro-wakefield reading of that. The Crusaders and WFC arent financially linked. To equate a statement saying the owners dont have the money to pour down what they not only accept to be, but in the very same article pretty much state to be a financial black hole that is WFC and the racecourse (in its current position) with they have no more money for any other venture is crazy.
Crusaders will finish the season, They have already applied for a license. This isnt new news to them. I think its sad that some people are death riding Crusaders because they think that their death will save another club from its own failures.
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1034_1335734906.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_1034.jpg |
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| Quote: SmokeyTA "That seems a fairly pro-wakefield reading of that. The Crusaders and WFC arent financially linked. To equate a statement saying the owners dont have the money to pour down what they not only accept to be, but in the very same article pretty much state to be a financial black hole that is WFC and the racecourse (in its current position) with they have no more money for any other venture is crazy.
Crusaders will finish the season, They have already applied for a license. This isnt new news to them. I think its sad that some people are death riding Crusaders because they think that their death will save another club from its own failures.'"
Could be wrong but I thought the Crusaders, WFC and the ground itself were all tied in by this Wrexham Village lark?
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[quote="bUsTiNyAbALLs":9q9d2t35]Do not converse with me you filthy minded deviant.[/quote:9q9d2t35]
[quote="vastman":9q9d2t35]My rage isn't impotent luv, I'm frothing at the mouth actually.[/quote:9q9d2t35]: |
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| Quote: Leyther_Matt "Could be wrong but I thought the Crusaders, WFC and the ground itself were all tied in by this Wrexham Village lark?'"
it says in the article
The Crusaders currently have a long lease to play Super League games at the Racecourse and this will not impact on their future.
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1230.gif “You are playing a game of football this afternoon but more than that you are playing for England, and more even than that, you are playing for right versus wrong. You will win because you have to win. Don’t forget that message from home. England expects every one of you to do his duty.”:1230.gif |
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| Quote: SmokeyTA "it says in the article
The Crusaders currently have a long lease to play Super League games at the Racecourse and this will not impact on their future.'"
They may still have a place to play but if the owners have no money and the company is making losses how will they remain solvent?
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18686.jpg In Springfield, they're eating the dogs, the people that came in. They're eating the cats! They're eating the pets!:18686.jpg |
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| Quote: Hopie "They may still have a place to play but if the owners have no money and the company is making losses how will they remain solvent?'"
Borrow some more cash from Richard & Nigel, expansion is future, at all costs .
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1034_1335734906.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_1034.jpg |
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| Quote: SmokeyTA "it says in the article
The Crusaders currently have a long lease to play Super League games at the Racecourse and this will not impact on their future.'"
That would depend on who the lease is with. Presumably the same people own the Racecourse and if that company is insolvent then what is there stopping the ground being sold?
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//www.pngnrlbid.com
[quote="bUsTiNyAbALLs":9q9d2t35]Do not converse with me you filthy minded deviant.[/quote:9q9d2t35]
[quote="vastman":9q9d2t35]My rage isn't impotent luv, I'm frothing at the mouth actually.[/quote:9q9d2t35]: |
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| Quote: Hopie "They may still have a place to play but if the owners have no money and the company is making losses how will they remain solvent?'"
it doesnt say they have no money. It says they dont have the money to be putting into something where they never expect to get back even what they have put in now.
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7372_1323373487.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_7372.jpg |
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| Quote: SmokeyTA "That seems a fairly pro-wakefield reading of that. The Crusaders and WFC arent financially linked. To equate a statement saying the owners dont have the money to pour down what they not only accept to be, but in the very same article pretty much state to be a financial black hole that is WFC and the racecourse (in its current position) with they have no more money for any other venture is crazy.
Crusaders will finish the season, They have already applied for a license. This isnt new news to them. I think its sad that some people are death riding Crusaders because they think that their death will save another club from its own failures.'"
Smokey, do you blame Ian Lenighan for Wigans breaches of the salary cap?
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Black Backgrounds/Zoot.gif Freedom for supporters of the government, only for members of one party - however numerous they may be - is no freedom at all. freedom is always and exclusively for one who thinks differently.
Rosa Luxemburg, 'Die russiche Revolution'.:Black Backgrounds/Zoot.gif |
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| Not having any more money for WFC could also be read as 'not prepared to put any more money in, and we're fed up with people saying they're going to buy the club and then apparently changing their minds'. It seems to me that the person muddying the waters is Stephanie Booth, and without her something would have been hammered out (possibly literally!) between Moss and Roberts on the one hand and the Supporters Trust on the other by now.
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//www.pngnrlbid.com
[quote="bUsTiNyAbALLs":9q9d2t35]Do not converse with me you filthy minded deviant.[/quote:9q9d2t35]
[quote="vastman":9q9d2t35]My rage isn't impotent luv, I'm frothing at the mouth actually.[/quote:9q9d2t35]: |
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| Quote: The Clan "Smokey, do you blame Ian Lenighan for Wigans breaches of the salary cap?'"
No, I dont. That would be ridiculous.
But Wakefields failures are Wakefields failures, wishing another club suffers to cover up those failures is pathetic.
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18686.jpg In Springfield, they're eating the dogs, the people that came in. They're eating the cats! They're eating the pets!:18686.jpg |
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| Quote: SmokeyTA "No, I dont. That would be ridiculous.
But Wakefields failures are Wakefields failures, wishing another club suffers to cover up those failures is pathetic.'"
Unless you were a Wakefield fan?
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33791.jpg [b:1swa1vwo]Change is inevitable
...except from a vending machine![/b:1swa1vwo]
[quote="BillyRhino":1swa1vwo]So in best IA mode ..<.Possibley World Class, could be the greatest thing since sliced bread....am personally very excited, and confidently expect him to prove my predictions are bang on target.... Alternatively he could be rubbish>
IA mode off. [/quote:1swa1vwo]:33791.jpg |
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| Quote: SmokeyTA "it doesnt say they have no money. It says they dont have the money to be putting into something where they never expect to get back even what they have put in now.'"
Firstly Smokey, yes, it is a little pro-Wakefield but that is because this folly called Crusaders has already failed twice and looks ever more likely to not have a viable financial footing IMO, unlike Wakefield, who now absolutley do.
Also, as Hopie and others have pointed out, yours seems to be a pro-Crusaders bias! You are correct Crusaders is now no longer owned by the Wrexham Village Ltd Holding Company, it is a new phoenix orphan company... but is has the same major shareholder and directors, Moss and Robert!!! These two directors have stated that they 'unable to continue' putting money into a loss making venture, you are correct, it does not state that they don't have any more money, just that they are 'unable'. So you are the RFL, we know Crusaders is a loss making venture, even more so at the moment given their reduced Sky money, and the two same people that are unable to continue to support Wrexham FC are the future of this Super League Club for another 3 years!!! So you kick out Wakefield, who now have a viable financial footing, an owner willing to spend up to the salary cap if they stay in Super League by topping up the shortfall, versus two characters whom have managed, at least one and possibly now two, other sports companies into administration!
Also, this very dodgy final statement about the Crusaders having a long term lease at the Racecourse ground... err they own it and might be selling it, so if they have to sell then how can the future of that lease be certain under a new ownership... it can't!
I am all for expansion but this has got silly now, if the Racecourse ground gets sold, the RFL should get a good part of it's money back and they should then cut their loses and move on, otherwise they risk losing face and even more money!
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