Players not getting paid tomorrow. Heartbreaking and hope they get through this.

"
Widnes Vikings would like to update members, supporters and partners on the club’s current financial situation.

Widnes Vikings have been facing a significant cash-flow gap, which must be resolved in the coming days.

Throughout the past three months, Widnes Vikings’ Board of Directors and senior staff members have made extensive efforts to engage business leaders and individuals to secure investment to stabilise the club and overcome the potential threat of administration. This has included the Board writing off more than £370,000 worth of loans that they had provided to the club throughout their tenure.

It had appeared likely that a consortium of investors would take ownership of the club today, providing the necessary investment to secure the club’s future stability. However, at a late stage, a key member of this consortium have withdrawn from this process. As a result, the club has, as yet, failed to secure the necessary investment and is unable to make its payroll commitments for all employees tomorrow.

Efforts to secure investment remain ongoing and we will continue to pursue all available avenues. The club continues to invite other expressions of interest from individuals or groups that may wish to support Widnes Vikings at this time.

The club is taking advice in response to this matter. Widnes Vikings continue to trade and, at this stage, our scheduled fixture against Sheffield will go a head."

Absolutely gutted, lost for many words.

The outgoing board have pocketed and bled the club dry, we get relegated and the money dries up and all 4/5 directors have jumped ship.

Administration and points deduction probably on its way. Gelling, Hood, Inu plus more will be up for grabs and our fantastic academy system will fall to pieces.

Nobodies fault but the clowns who have been running us. Praying for a solution.

Marwan will step in and relocate the club to Liverpool.

Even if Marwan steps in, he will only do it when club is in admin. On Twitter saying debt is 500k+, no one with any sense is going to cover that.

It’s what we owe the council. They’re letting us pay it in monthly instalments and helping us but it’s still a lot of money.

As of tomorrow, we won’t be able to pay certain staff.

It's a shame, but that stadium is a bit misleading, ppl think your in a good position but like with leigh ths bloody council take the revenue and you cant make any non matchday income either to top up the bank which is bloody crucial.

Honestly it makes such a difference and was one of the first things down when the hj was planned. There's 14 home games a year, how do we make money the other 350 days a year?

I thought when Steve Rule left, that was a good thing. Obviously not...

Yeah the club don’t get any cut on the bar sales etc/corporate box revenue. They just pay a one off yearly fee to play out of the stadium, the council get everything.

It is quite a large amount, Council Might now call in debt if Admin looming. also saw on social media that O,Neills are owed 200k too.

A lot of hidden debt for a long long time. It’s surfacing now.

That may be the case, but the public of Widnes seemed to have turned their back on the club for a number of years, they have hardly got above 5k since they got back in Super League, if they were getting 8k plus they would still be making enough money to run a competitive side. Fact is maybe they should have volanterrily stepped out of super league 2 years ago and tried to rebuild, they may never recover from this.

Have you got evidence they pocketed money?

Net liabilities of Widnes Sport Ltd at 30 November 2017 were a little over £1.4 million according to the accounts. Not sure what’s happened in the 15 months since?

Widnes have never been well supported even when they were world champions

If the board have written off circa £370K of debt *owed to them* then I fail to see how they pocketed the money, Widnes are somewhat like Leigh in this regard, with Beaumont offering to write off ALL of his debt but only to suitable new owners (which didn't happen) therefore Leigh Centurions still owe D.B plenty !

I don't & have never liked Widnes but I wouldn't wish this on any R.L Club, not even Wigan. I hope Widnes can pull through & see better times.