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FORUMS > Salford Red Devils > Here's a thought !!
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Quote: Fatboys Limb "I can't believe anyone is still trying to reason with you after you made the above comment which is, without doubt, the most stupid, ill-informed ridiculous post that I have ever seen on our message board.

Anything that you have said previously, or will say in the future, will now be absolutely meaningless because you have proved that you are, in every sense of the word, an idiot.'"

yes your right, sorry i am wrong and yes looking at these figures

I AM AN IDIOT icon_confused.gif icon_confused.gif icon_confused.gif icon_confused.gif


the one and only RED DEVILS

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Quote: Fungus The Muffin Man "I can't find it through that site
SALFORD FOOTBALL CLUB COMPANY(1914)LIMITED(THE)
WILLOWS ROAD
WEASTE
M5 2FT
Company No. 00137072

search on that company name or company number

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Quote: BartonFlyer "SALFORD FOOTBALL CLUB COMPANY(1914)LIMITED(THE)
WILLOWS ROAD
WEASTE
M5 2FT
Company No. 00137072

search on that company name or company number'"


Cheers icon_biggrin.gif

A quick scan of that though only shows info from 1995 (if i've looked correctly). It still however doesn't prove that JW has not earned a single penny during his time at the club.

mmp
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Quote: Fungus The Muffin Man "How does someone gain access for Salfords accounts then going back to 1982? Is it as simple as just googling it? I for one wouldn't have a clue where to start. So help educate these people and point them in the right direction. Or does it make you feel superior to them with your I know whats right and your thick cos you don't attitude?'"


my 'attitude' comes fromalready that accounts can be requested from companies house on the page where the last position statement of the club was put up. its a legal obligation to submit accounts to there. probably back on page 5 or 6 of this thread that was mentioned. accounts can be downloaded going back for a number of years. to go back earlier means requesting them direct as they have not gone back to far in converting paper copies to PDF copies.

people posted statements like - "you don't get it" (aimed at me) "salford rugby league makes money". on what basis was that said? that's the sort of 'opinion' that should be shouted down and has been beacuse we've shown that the club doesnt make money.

next questioncumulative, the loss position is the net cash in/cash out position over the lifetime of the company - unless JW was taking some form of dividend (doubtful - the club owes him money so he'd be reducing the company position to ever repay loans, while other shareholders would be entitled too) he couldn't be making a profit. i'd suggest that NOT making money between 1995 and 2007 (in fact, making a loss) would more than outweigh any posible single year surplus (which hasn't dented the cumulative position) anyway. in addition, that surplus would be by the club - not JW personally so to say he's making money fails to recognise that he is distinct from the club.

one element of that is worth repeating - the club is dependant on loans from JW. if he was to recall them, what position do you think the club would be in given it is loss making?

for that above paragraph alone its worth the argument. people came on criticising directors for not putting money in and not buying players (we can show they already sink significant personal money in currently). people went further to state that directors must be making money (some individuals stated this as a 'fact' - how?).

ultimately, my 'attitude' comes from the simple truth that the existence of Salford RLFC is dependent on our Directors and their continued commitment to sink their own money in. so when they are criticised on such a false basis as in this thread, those spouting what are lies really, should be shouted down because they are simply wrong.

and i'll repeat, we should be thanking our Directors, not criticising them...or we''ll be another Swinton, Widnes, Oldham, Rochdale. and surely we don't want that?

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Quote: Fungus The Muffin Man "Yes I understand that but those who are arguing that JW has made money from SRLFC obviously don't have shares so aren't privy to that info.

Are shares still available to buy from the club?'"


I bought mine over two/three periods when the club had a rights issue to raise some funds for the club, it was well publicized at the time and you could purchase various amounts from £25 upwards.

Contact the club over the availability of shares, the Finance Director or Chief Executive may be able to help.

I did not buy the shares to make any money but to help the club, and JW and the others have in my opinion done it for the same reasons.

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All the Directors have done is put IN over the last 20 years. If they had charged their time for working for the Club the debt to them would exceed £3 Million.

Unlike the Hetheringtons of this World JAW HC & IW do NOT take a Salary. Would you give up your time and money as they do to receive all these questionable brickbats from some fans?

We should be eternally grateful to these men in keeping RL staged at The Willows these past 20 years.

146 posts in 11 pages 
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Subscribe | Moderators: Admin, king of the shed
146 posts in 11 pages 
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Subscribe | Moderators: Admin, king of the shed



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