FORUMS FORUMS



  
FORUMS > The Virtual Terrace > not looking good for Wakey
1012 posts in 68 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
J20
RankPostsTeam
Player Coach6096No
Team
Selected
JoinedServiceReputation
Apr 200916 years
OnlineLast PostLast Page
Jun 2015Oct 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Staff Pension Fund £424,352

That is a truly shocking amount :yikes: so is the rest tbh, 30k to Dixon how on earth has that mounted up? Circa 3mill in what 5years. Crazy. Tb will be happy he has proof for RFL supporting expansion clubs mind you!

RankPostsTeam
Moderator36786
JoinedServiceReputation
Jul 200321 years
OnlineLast PostLast Page
Aug 2024May 2023LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED

Moderator


Quote: J20 "Staff Pension Fund £424,352

That is a truly shocking amount
If the RFL were hell-bent on bailing out Crusaders come what may, they would have just written off the £700k. It was unsecured anyway. Instead they've now got it secured against the Racecourse Ground and being paid back in regular instalments. Seems like good business TBH.

J20
RankPostsTeam
Player Coach6096No
Team
Selected
JoinedServiceReputation
Apr 200916 years
OnlineLast PostLast Page
Jun 2015Oct 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Kosh "If the RFL were hell-bent on bailing out Crusaders come what may, they would have just written off the £700k. It was unsecured anyway. Instead they've now got it secured against the Racecourse Ground and being paid back in regular instalments. Seems like good business TBH.'"


But if Wrexham fans manage to get stadium transfer to Wrexham Village blocked they have / had nothing?

RankPostsTeam
International Chairman9721
JoinedServiceReputation
Dec 200123 years
OnlineLast PostLast Page
Aug 2020Apr 2020LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: J20 "Staff Pension Fund £424,352

That is a truly shocking amount

I'll bet a lot of clubs are similar or even worse situations, but there is little or no chance of finding the truth!!!

RankPostsTeam
Moderator36786
JoinedServiceReputation
Jul 200321 years
OnlineLast PostLast Page
Aug 2024May 2023LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED

Moderator


Quote: J20 "But if Wrexham fans manage to get stadium transfer to Wrexham Village blocked they have / had nothing?'"

Doesn't matter. The mortgage is in the name of Wrexham FC who already own the ground, and Wrexham Village own Wrexham FC. It's perfectly legal, watertight, and already lodged with Companies House. What the fans are trying to block only affects whether Wrexham FC remain owners or become tenants. It has no effect on the deal with the RFL whatsoever.

RankPostsTeam
Club Owner1276No
Team
Selected
JoinedServiceReputation
Apr 200421 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



So the new club are already £700k in debt before they're even a month old. Bodes well......

RankPostsTeam
Player Coach1200
JoinedServiceReputation
Mar 200916 years
OnlineLast PostLast Page
Nov 2023Jul 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: DemonUK "Can't see Leigh Centurions being allowed to use it for security against a 'loan', let alone even thinking of using it.

Moss and Roberts seem to be the two most unpopular men in Wrexham and having read alot of the history and views of very many people which seem to number far more than a minority, their popularity or lack of it seems justified. How different are they to the original owner of Celtic Crusaders?'"


How much does it cost Leigh to rent the stadium given you feel £150k is worthy of comment and given that the asset is owned by the group that own both the RL & FC do you still maintain the asset cannot be used as security for the loan?

With regards to Moss and Roberts the club appears much more professionally run than in 09 whether that says more about Samuels or them being worse I wouldn't know, the difference is that this year all issues will lie at their door with no-one else to blame.

J20
RankPostsTeam
Player Coach6096No
Team
Selected
JoinedServiceReputation
Apr 200916 years
OnlineLast PostLast Page
Jun 2015Oct 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Kosh "Doesn't matter. The mortgage is in the name of Wrexham FC who already own the ground, and Wrexham Village own Wrexham FC. It's perfectly legal, watertight, and already lodged with Companies House. What the fans are trying to block only affects whether Wrexham FC remain owners or become tenants. It has no effect on the deal with the RFL whatsoever.'"


Wrexham Village own Wrexham FC who own ground but Wrexham FC is up for sale. If ownership doesn't cone under Wrexham Village LTD it would be lost with any sale. So Wrexham Village can't keep stadium & sell Football club in the scenario as mentioned!

RankPostsTeam
Player Coach10446
JoinedServiceReputation
Mar 200619 years
OnlineLast PostLast Page
Oct 2024Jul 2020LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Wakefield has put up a FAQ for the share schemeWhat will my money be spent on?

The money will be used to allow the club to continue to trade within its expected cash flow for the foreseeable future. One of the primary purposes for the majority of this money is to settle an outstanding debt with HMRC.'"


Yet only 3 months ago they announced this HMRC debt was cleared:
www.wakefieldwildcats.co.uk/2010 ... -revealed/

Am I missing something here? Is this an additional debt or did the club lie to their fans about the debt being paid to create a 'feel good factor' and sell more Season Tickets?
Wakefield has put up a FAQ for the share schemeWhat will my money be spent on?

The money will be used to allow the club to continue to trade within its expected cash flow for the foreseeable future. One of the primary purposes for the majority of this money is to settle an outstanding debt with HMRC.'"


Yet only 3 months ago they announced this HMRC debt was cleared:
www.wakefieldwildcats.co.uk/2010 ... -revealed/

Am I missing something here? Is this an additional debt or did the club lie to their fans about the debt being paid to create a 'feel good factor' and sell more Season Tickets?


RankPostsTeam
International Chairman9721
JoinedServiceReputation
Dec 200123 years
OnlineLast PostLast Page
Aug 2020Apr 2020LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



This is EASY to solve

Get Muldaur & Scully to investigate.

Job done!!! icon_thumb.gif

RankPostsTeam
International Chairman1470
JoinedServiceReputation
Dec 200123 years
OnlineLast PostLast Page
Jan 1970Jun 2022LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Wadski "Am I missing something here?'"


sleepy.gif Unlikely.

RankPostsTeam
Player Coach1749No
Team
Selected
JoinedServiceReputation
Sep 200915 years
OnlineLast PostLast Page
Nov 2014Nov 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Wadski "
Am I missing something here? Is this an additional debt or did the club lie to their fans about the debt being paid to create a 'feel good factor' and sell more Season Tickets?'"


I believe it was paid by Sir Rodney Walker but this has turned out to be a loan.It appears he expected to be reimbursed once the new stadium got the go-ahead but obviously this delay has complicated matters.
It always impresses me how much of their own money these ever so rich individuals put into sports clubs while those with considrably lesser finances put in a massive percentage of their disposable cash.

Still it's mildly amusing to learn about the debts amassed in North Wales and the Wrexham area by the rich individuals taking Crusaders in and out of administration.Equally amusing are the gullible people who believe these ever so rich individuals.

I think the Wakefield fans are waiting to establish the provenance of the latest debt to HMRC given as they have recently made last minute payments to stave off winding-up petitions

RankPostsTeam
Player Coach14302No
Team
Selected
JoinedServiceReputation
Aug 200519 years
OnlineLast PostLast Page
Sep 2018Sep 2015LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: Inflatable_Armadillo "I don't have any 'vested interest' as this term does have a strict legal definition (despite 'the' Cas Forum members speculating that I must do) but I do have a strong interest... and I think that is what you mean! icon_wink.gif

RankPostsTeam
Player Coach129No
Team
Selected
JoinedServiceReputation
Nov 200618 years
OnlineLast PostLast Page
Mar 2018Mar 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



RankPostsTeam
Club Coach743No
Team
Selected
JoinedServiceReputation
Jan 200520 years
OnlineLast PostLast Page
Mar 2016Jul 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
TO BE FIXED



Quote: saintkevin "Good grief, will this club ever get a grip with their finances. How many times have the taxman chased them for money? It is no wonder the RFL refused them a loan.'"


Eh?

[iIn order to obtain a loan you must first prove that you don't need it.[/i

1012 posts in 68 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
1012 posts in 68 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, Durham Giant , TimperleySaint



All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.

Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.

RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.

Copyright 1999 - 2024 RLFANS.COM

You must be 18+ to gamble, for more information and for help with gambling issues see https://www.begambleaware.org/.



Please Support RLFANS.COM


4.171875:10
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
8m
Film game
karetaker
5863
8m
Realistic targets for 2025
Faithful One
150
9m
Leeds away first up
Trojan Horse
53
10m
Mike Cooper podcast
karetaker
13
20m
New signings
Huddersfield
9
22m
Ground Improvements
The Avenger
235
29m
2025 Squad Numbers
mwindass
21
Recent
Planning for next season
Septimius Se
186
Recent
Rumours thread
Dr Dreadnoug
2517
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
1m
Film game
karetaker
5863
1m
Game - Song Titles
Boss Hog
40832
2m
Pre Season - 2025
FC Callum
214
2m
Matty Ashurst testimonial dinner
Big lads mat
1
3m
Mike Cooper podcast
karetaker
13
3m
Season pass roll call
Armavinit
38
4m
2025 Kit
Marvin Goola
17
6m
New signings
Huddersfield
9
8m
2025 Season tickets
BarnsleyGull
223
9m
How many games will we win
Wollo-Wollo-
54
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Matty Ashurst testimonial dinner
Big lads mat
1
TODAY
2025 Squad Numbers
mwindass
21
TODAY
England Women Las Vegas train-on squad
RLFANS News
1
TODAY
Quiz night
H.G.S.A
1
TODAY
Co-Captains for 2025
MjM
15
TODAY
Cornwall has a new owner
CM Punk
2
TODAY
Callum Shaw
Wanderer
1
TODAY
Squad Numbers
phe13
4
TODAY
Rhinos squad numbers
Rixy
1
TODAY
Squad numbers
Warrior Wing
8
TODAY
Mat Crowther pre season update
Dunkirk Spir
1
TODAY
Mike Cooper podcast
karetaker
13
TODAY
Shirt reveal coming soon
Trojan Horse
50
TODAY
Opening Championship and League One Fixtures for 2025 Released
RLFANS News
1
NEWS ITEMS
VIEWS
POSTSONLINEREGISTRATIONSRECORD
19.65M 2,035 80,15614,103
LOGIN HERE
or REGISTER for more features!.

When you register you get access to the live match scores, live match chat and you can post in the discussions on the forums.
RLFANS Match Centre
 Thu 13th Feb 2025
     Mens Super League XXX-R1
20:00
Wigan
v
Leigh
 Fri 14th Feb 2025
     Mens Super League XXX-R1
20:00
Hull KR
v
Castleford
20:00
Catalans
v
Hull FC
 Sat 15th Feb 2025
     Mens Super League XXX-R1
15:00
Leeds
v
Wakefield
17:30
St.Helens
v
Salford
       Championship 2025-R1
18:00
Toulouse
v
Widnes
 Sun 16th Feb 2025
     Mens Super League XXX-R1
15:00
Huddersfield
v
Warrington
       Championship 2025-R1
15:00
Bradford
v
LondonB
15:00
Featherstone
v
Doncaster
15:00
Oldham
v
York
15:00
Sheffield
v
Halifax
15:00
Barrow
v
Hunslet
 Thu 20th Feb 2025
     Mens Super League XXX-R2
20:00
Wakefield
v
Hull KR
 Fri 21st Feb 2025
     Mens Super League XXX-R2
20:00
Warrington
v
Catalans
20:00
Hull FC
v
Wigan
 Sat 22nd Feb 2025
     Mens Super League XXX-R2
15:00
Salford
v
Leeds
20:00
Castleford
v
St.Helens
 Sun 23rd Feb 2025
     Mens Super League XXX-R2
14:30
Leigh
v
Huddersfield
       League One 2025-R1
15:00
Cornwall
v
Workington
15:00
Dewsbury
v
Crusaders
ALL SCORES PROVIDED BY RLFANS.COM (SETTINGS)
Matches on TV
Thu 13th Feb
SL
20:00
Wigan-Leigh
Fri 14th Feb
SL
20:00
Hull KR-Castleford
SL
20:00
Catalans-Hull FC
Sat 15th Feb
SL
15:00
Leeds-Wakefield
SL
17:30
St.Helens-Salford
Sun 16th Feb
SL
15:00
Huddersfield-Warrington
Thu 20th Feb
SL
20:00
Wakefield-Hull KR
Fri 21st Feb
SL
20:00
Warrington-Catalans
SL
20:00
Hull FC-Wigan
Sat 22nd Feb
SL
15:00
Salford-Leeds
SL
20:00
Castleford-St.Helens
Sun 23rd Feb
SL
14:30
Leigh-Huddersfield
Fri 28th Feb
SL
20:00
Huddersfield-Hull FC
SL
20:00
Hull KR-Salford
SL
20:00
Leigh-Catalans
Sat 1st Mar
SL
14:30
Wakefield-St.Helens
SL
21:30
Wigan-Warrington
Sun 2nd Mar
SL
15:00
Leeds-Castleford
Thu 6th Mar
SL
20:00
Hull FC-Leigh
Fri 7th Mar
SL
20:00
Castleford-Salford
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 29 768 338 430 48
Hull KR 29 731 344 387 44
Warrington 29 769 351 418 42
Leigh 29 580 442 138 33
Salford 28 556 561 -5 32
St.Helens 28 618 411 207 30
 
Catalans 27 475 427 48 30
Leeds 27 530 488 42 28
Huddersfield 27 468 658 -190 20
Castleford 27 425 735 -310 15
Hull FC 27 328 894 -566 6
LondonB 27 317 916 -599 6
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 27 1032 275 757 52
Toulouse 26 765 388 377 37
Bradford 28 723 420 303 36
York 29 695 501 194 32
Widnes 27 561 502 59 29
Featherstone 27 634 525 109 28
 
Sheffield 26 626 526 100 28
Doncaster 26 498 619 -121 25
Halifax 26 509 650 -141 22
Batley 26 422 591 -169 22
Swinton 28 484 676 -192 20
Barrow 25 442 720 -278 19
Whitehaven 25 437 826 -389 18
Dewsbury 27 348 879 -531 4
Hunslet 1 6 10 -4 0
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
8m
Film game
karetaker
5863
8m
Realistic targets for 2025
Faithful One
150
9m
Leeds away first up
Trojan Horse
53
10m
Mike Cooper podcast
karetaker
13
20m
New signings
Huddersfield
9
22m
Ground Improvements
The Avenger
235
29m
2025 Squad Numbers
mwindass
21
Recent
Planning for next season
Septimius Se
186
Recent
Rumours thread
Dr Dreadnoug
2517
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
1m
Film game
karetaker
5863
1m
Game - Song Titles
Boss Hog
40832
2m
Pre Season - 2025
FC Callum
214
2m
Matty Ashurst testimonial dinner
Big lads mat
1
3m
Mike Cooper podcast
karetaker
13
3m
Season pass roll call
Armavinit
38
4m
2025 Kit
Marvin Goola
17
6m
New signings
Huddersfield
9
8m
2025 Season tickets
BarnsleyGull
223
9m
How many games will we win
Wollo-Wollo-
54
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Matty Ashurst testimonial dinner
Big lads mat
1
TODAY
2025 Squad Numbers
mwindass
21
TODAY
England Women Las Vegas train-on squad
RLFANS News
1
TODAY
Quiz night
H.G.S.A
1
TODAY
Co-Captains for 2025
MjM
15
TODAY
Cornwall has a new owner
CM Punk
2
TODAY
Callum Shaw
Wanderer
1
TODAY
Squad Numbers
phe13
4
TODAY
Rhinos squad numbers
Rixy
1
TODAY
Squad numbers
Warrior Wing
8
TODAY
Mat Crowther pre season update
Dunkirk Spir
1
TODAY
Mike Cooper podcast
karetaker
13
TODAY
Shirt reveal coming soon
Trojan Horse
50
TODAY
Opening Championship and League One Fixtures for 2025 Released
RLFANS News
1
NEWS ITEMS
VIEWS


Visit the RLFANS.COM SHOP
for more merchandise!