FORUMS > Salford Red Devils > Money Problems at Salford ? |
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| Reading Martyn Sadler's article in RL & League Express
Bradford and Salford are not able to sign new players and he understands that both Bradford and Salford are currently unable to register new players until their FINANCIAL SITUATIONS BECOME CLEARER
What's going on ?
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| Wouldnt be in the least surprised if JAW has said enough is enough.
Now up to Dante, programme thrower lance, mitie & the rest to produce the man they have been pushing to take over. Or will they?
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| But we signed Luke Towers last week!
Ah well, no journalist likes to let the truth spoil a good story.
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| Quote: Early Bath "Wouldnt be in the least surprised if JAW has said enough is enough.
Now up to Dante, programme thrower lance, mitie & the rest to produce the man they have been pushing to take over. Or will they?'" Amazing how quickly you reply to a thread like this, yet have so far failed to comment on Sale securing a deal to negotiate naming rights for the stadium?
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| Quote: Talent Spotter "Amazing how quickly you reply to a thread like this, yet have so far failed to comment on Sale securing a deal to negotiate naming rights for the stadium?'"
So why should I do that?
Salford`s Marketing have been in situ for months - unfortunately you must ask them ........not me.
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| Well Early Bath,good to no you are still with us,If your good friend J W has had enough,would you consider is tenure
a failure.
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| Lance
Very simply he has been at the helm for 30 years.
The accumulated debt will be over £5 million which he has subsidised.
So through his benevolence you and I have been able to watch RL at The Willows and at Barton for that period.
Personally I wouldnt describe that as a `failure`. Neither would you I would have thought.
However I predicted Administration on here some months ago and unless the Fairy Godfather can be found it looks inevitable and maybe sooner than expected. I hope I am wrong.
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| Reading Martyn Sadler's article in RL & League Express
Bradford and Salford are not able to sign new players and he understands that both Bradford and Salford are currently unable to register new players until their FINANCIAL SITUATIONS BECOME CLEARER
What's going on ?
Does that mean we cant offer new deals to the players who are coming out of contract at the end of the season????
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| I am quite surprised no one mentioned the Martyn Sadler piece,last week,after he had read the book by Malcolm Alker.
From the snippets I pick up I would think it unfair that the RFL can assist Bradford by purchasing Odsal and leasing it back and by todays news that they funded the CEO at rlCrusaders - 4th paragraphrl
It doesn't,on the surface,appear to be a level playing field.
I would like to think,if things are really bad,that an appeal is made for assistance before it is too late.(Like Bradford,perhaps.)
Seems the RFL made mistakes with the Licensing and with the Stobart Sponsorship.It may explain why they didn't heed a suggestion by Martyn Sadler to assist in marketing SCR at the new Barton stadium.
A huge number of clubs over the past 30 years have had financial difficulties - not all of them because of characters like the fellas who turned up at Widnes,Crusaders et al.It happens to the nice folk as well.
Bizarre that Bradford were reported to have given a 5 years contract to Elliott Whitehead before they went public and made their appeal
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| Just to add, Sadler does have a soft spot for Salford.
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| Quote: Chico "Just to add, Sadler does have a soft spot for Salford.'"
You think he'd loan us a few hundred grand?
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| This action by the RFL is probably linked to the recent Winding Up Petition issued by HMRC. The club have dealt with that and then we sign Luke Towers.I think that tells us what we need.
The club have always sailed fairly close to the wind financially due to lack of income.
John Wilkinson will not be in a position to fund the club, no Red City Developments, No Willows. Noticed my Magic Ticket came via Wlikinson Star.Was this a cost cutting exercise?
This was why Forever Reds started and if so many are concerned maybe you should become involved.
There may come a time when a share issue happens, Forever Reds would be the ideal vehicle to organise a fan's share of the club. Don't let a Man Utd situation happen.
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| Quote: Red Willow "There may come a time when a share issue happens, Forever Reds would be the ideal vehicle to organise a fan's share of the club. Don't let a Man Utd situation happen.'"
Indeed, something I've been telling people for a while and the reason I got my arris in gear and renewed. Being able to get a percentage of the club in trust ownership would be a wonderful thing.
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| Which reminds me I really need to renew my membership
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| Quote: GT "Being able to get a percentage of the club in trust ownership would be a wonderful thing.'"
It would probably also mean Salford have had to start from scratch in Championship 1.
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