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I SEE THE SALFORD REDS ARE RISING! bring on 22nd July:simpsons/PDT13.gif



Not sure on the time of the conference but it is being streamed on perriscope, what ever that is?

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Quote: jools "I don't agree it would apply in quite the same way. Yes you are correct if owners withdrew support many would struggle - my own being one. But as far as I'm aware Davy spends his money - it isn't LOANED.
If Marwan was to decide to chuck in the towel and demand his cash back - that leaves Salford in a worse position they were in previously!'"


I didn't say every club Jools did I? Some clubs will obviously be more financially reliant on their benefactors than others. As you say about Huddersfield, they would struggle to maintain their current status without a new benefactor, should Ken Davy decide in the future to walk away from the club.

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Quote: jools "I don't agree it would apply in quite the same way. Yes you are correct if owners withdrew support many would struggle - my own being one. But as far as I'm aware Davy spends his money - it isn't LOANED.
If Marwan was to decide to chuck in the towel and demand his cash back - that leaves Salford in a worse position they were in previously!'"


Of course its loaned jools. Ken Davy, Calvert at Cas, Eamonn, O`Connor, maybe Moran as well put money as Directors Loans. Whether they ever take them back (Calvert did) depends on the cicumstances.

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Quote: Early Bath "Of course its loaned jools. Ken Davy, Calvert at Cas, Eamonn, O`Connor, maybe Moran as well put money as Directors Loans. Whether they ever take them back (Calvert did) depends on the cicumstances.'"


Perfectly correct EB. At the moment, if Dr K walked he'd get nothing back as all the money injected has gone on running the business and paying off the previous company debt. From the last accounts I think the Cash at Bank figure was just a few thousand!

IFIRC all the money that Wilky put in was done as loans to be repaid to his pension fund which of course never happened.

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Quote: BartonFlyer "Perfectly correct EB. At the moment, if Dr K walked he'd get nothing back as all the money injected has gone on running the business and paying off the previous company debt. From the last accounts I think the Cash at Bank figure was just a few thousand!

IFIRC all the money that Wilky put in was done as loans to be repaid to his pension fund which of course never happened.'"


Yes I don't think any benefactors in RL realistically expect to see their money again. It's just a very expensive hobby.

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Me and are kid (TheButcher) putting the world two rights. ERIC SHAW PREDICTION LEAGUE & PLAY OFFS WINNER 2013 Don't like it? Well Frack off then. Energy & progress for all. Foe is our friend. mitie mouse, Lancetodd, Marshy1, eccles star, Dantes Inferno, Philyourboots, biggunbrad, DAVE@CAS1990, RED LEAGUE, OzWelsh, Red-Devils-PAW, newgroundb4wakey All blocked - Go ahead punk make my day.:11969.jpg



Quote: theredshed "Yes I don't think any benefactors in RL realistically expect to see their money again.'"


I lent Steve Simms 50p once in Greggs, does that mean I can write it off icon_wink.gif

89 posts in 7 pages 
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Subscribe | Moderators: Admin, king of the shed
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