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FORUMS > The Virtual Terrace > not looking good for Wakey
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Quote: Wellsy13 "I'd rather read someone at least trying to offer a solution, no matter how bad it is, than someone whinge constantly and offer nothing. It's just boring.'"


You mean like because Leeds have announced they have nearly sold their unallocated MM ticket allowance ( which might be true , or might not ) we have somebody suggesting we promote a club to SL icon_wink.gif

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Quote: Starbug "You mean like because Leeds have announced they have nearly sold their unallocated MM ticket allowance ( which might be true , or might not ) we have somebody suggesting we promote a club to SL Yes. As stupid as that is, it's still far more interesting a viewpoint than the thoughts of a compulsively negative person.

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Quote: Wellsy13 "Yes. As stupid as that is, it's still far more interesting a viewpoint than the thoughts of a compulsively negative person.'"


Each to their own , I find the bulk of his ' observations ' interesting and thought provoking

tb
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Quote: The Clan "

There's statements from the club and then there's unsubstantiated rumours and gossip from people who claim to be 'in the know'...get my drift?'"


yes

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Quote: Starbug "Each to their own , I find the bulk of his ' observations ' interesting and thought provoking'"

I don't think he says things people haven't thought of before (but then immediately followed with something that makes more sense). It's like one of those "don't say what you think out loud" moments every time.

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Quote: The Clan "Lets get some crossed wires straightened out,

Wakefield have had numerous tax debts which have been the subject of both winding up orders and repayment plans.

This current debt is for non payment of NI contributions and PAYE, it has been known about for some time and Wakefield had agreed a payment plan with HMRC. Following the RFL and Crusaders actions the HMRC removed their payment plan option and demanded full payment. Wakefield can't pay and so face a winding up order on Feb 2nd. This is not one of the debts from 12 months ago and is not part of the debt that SRW paid off neither is it part of the image rights debt.

Wakefield are still hopefull that they can negotiate with HMRC to re enter a payment plan in order to settle this debt but HMRC are minded to knock them back as they see RL clubs as high risk.'"
But your own club statement disproves this.

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Quote: Roverswall "But your own club statement disproves this.'"


Irrespective of the right or wrong in this instance are you saying that every public statement you read of this nature is always true?

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Quote: Schunter "Irrespective of the right or wrong in this instance are you saying that every public statement you read of this nature is always true?'"
I would expect a statement on the WTWC own site to be correct.
So who to belive a poster on RLFANS or WTWC themselves.
Let me think icon_confused.gif

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With a million pound SL grant adn 1.5 milion pound salary cap clubs should not be struggling to make ends meet. Not sure you can blame poor management practice on SL/RFL or Sky TV!

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Quote: Schunter "Irrespective of the right or wrong in this instance are you saying that every public statement you read of this nature is always true?'"

People are always asking for a source. If you can't believe the club themselves, then what actually can be classed as a source?!

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Perhaps one way to avoid instances such as the Wakefield problems and all the other clubs that have gone into adinistration would be to adopt the UEFA plan that every club financially break even.

UEFA have brought this into effect from 2011/12 seasons. They are giving clubs three years to sort out their finances with a maximum loss of (I think) 38m euros. Any club that does not comply will not be allowed to play in European Competitions.

The RFL/SL could do something similar by announcing their plan this year with the same three years to sort matters out. From 2015 a SL club would have to break even, a club not doing so would be banned from the play offs. Being banned from the play offs might concentrate a few minds.
We don't have an effective mechanism or plan to prevent clubs going broke, we need one and this is my suggestion.

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Quote: Father Ted "Perhaps one way to avoid instances such as the Wakefield problems and all the other clubs that have gone into adinistration would be to adopt the UEFA plan that every club financially break even.

UEFA have brought this into effect from 2011/12 seasons. They are giving clubs three years to sort out their finances with a maximum loss of (I think) 38m euros. Any club that does not comply will not be allowed to play in European Competitions.

The RFL/SL could do something similar by announcing their plan this year with the same three years to sort matters out. From 2015 a SL club would have to break even, a club not doing so would be banned from the play offs. Being banned from the play offs might concentrate a few minds.
We don't have an effective mechanism or plan to prevent clubs going broke, we need one and this is my suggestion.'"

Could be an option. Definitely something worth discussing.

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Quote: Father Ted "Perhaps one way to avoid instances such as the Wakefield problems and all the other clubs that have gone into adinistration would be to adopt the UEFA plan that every club financially break even.

UEFA have brought this into effect from 2011/12 seasons. They are giving clubs three years to sort out their finances with a maximum loss of (I think) 38m euros. Any club that does not comply will not be allowed to play in European Competitions.

The RFL/SL could do something similar by announcing their plan this year with the same three years to sort matters out. From 2015 a SL club would have to break even, a club not doing so would be banned from the play offs. Being banned from the play offs might concentrate a few minds.
We don't have an effective mechanism or plan to prevent clubs going broke, we need one and this is my suggestion.'"


How exactly are you Quantifying ' breaking even ' ?

If you mean no external investement from a director at all , you would immediately bankrupt the majority of SL clubs , yes you suggest a 3 year window to sort it out , but seriously it would need Quins to quadruple their fan base in 3 years d040.gif

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Quote: Starbug "How exactly are you Quantifying ' breaking even ' ?

If you mean no external investement from a director at all , you would immediately bankrupt the majority of SL clubs , yes you suggest a 3 year window to sort it out , but seriously it would need Quins to quadruple their fan base in 3 years Quins are in no danger of getting into the play-offs any time soon anyway!

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Quote: Wellsy13 "Quins are in no danger of getting into the play-offs any time soon anyway!'"

I have predicted that we will finish in the bottom 3 this year...but recent developments (loan signings etc) might mean we could knock on the door of 8th.........but I believe we will sin the Grand Final and Challenge cup double before you see an average of 10k at the stoop

1012 posts in 68 pages 
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