FORUMS > Salford Red Devils > ADMINISTRATION?? |
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| I have just been told by a friend of mine that we are expected to join Bradford in administration within the next 2 weeks! Don't know how accurate or reliable this is but it could make sense with the Matty Smith rumour on another thread and the possible release/sale of DJ?
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| i heard this a while back, think we maybe ok till end of season, yet we get luke Adamson saying the future is bright for salford (in the M.E.N) when all these rumors of smith going pattern going DJ going gleeson going and going administration.
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Club Owner | 12006 | No Team Selected |
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| Hasn't Patten said he'll retire at the end of the season?
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| yes but i mean with all theses players going and having no money how can the future be bright at salford
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| Obviously I hope not but it would be interesting to see if the RFL bent over backwards to help us through it and paid our players wages ETC ETC ETC like Bradford.
Can't see it being allowed to happen by the backers behind the scenes unless there is someone in place to buy in afterwards, we're not going to make the top 8 so going into administration would hardly cripple us in the league and might allow the new owners to start from afresh.
All hear say and conjecture though.
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| Quote: LEDGE787 "I have just been told by a friend of mine that we are expected to join Bradford in administration within the next 2 weeks! Don't know how accurate or reliable this is but it could make sense with the Matty Smith rumour on another thread and the possible release/sale of DJ?'"
Wouldn't suprise me if true, it's obvious we're struggling for cash but all companies are.
But this friend does he/she work for the club, own the club, work for the clubs bank or is it just someone adding 2 and 2 and get 4 1/2?
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| i read it in the rugby weekly magazine a while back that we are really struggling. Hope wilky can get an investor and quick. Theres also a good article about us from Martyn Sadler about why investors should buy salford in the rugby express
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Player Coach | 1760 | No Team Selected |
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Jun 2005 | 19 years | |
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| Quote: LEDGE787 "I have just been told by a friend of mine that we are expected to join Bradford in administration within the next 2 weeks! Don't know how accurate or reliable this is but it could make sense with the Matty Smith rumour on another thread and the possible release/sale of DJ?'"
How many rumours do we want today ?
I heard the other week that Cas are close to total meltdown, also heard London may be packing it all in.
The Bradford situation has caused all sorts of rumours to start flying about.
Until I see it oficcially from the club that we are in Administration and that any of our players are leaving then I will not listen to any of them
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| According to the font of all knowledge the MEN we are linked with Bradford Keith Lulia so I'd find it hard to believe we'd be looking at picking at their bones if we're about to implode ourselves.
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| Rumours, rumours and more rumours
As for Keith Lulia, yes please! If we can't keep hold of Gleeson then he wouldn't be a bad replacement at all!
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| God this board gets more depressing by the day
Hopefully just rumours and speculation. Let's wait and see
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| I could be naively wrong with this, BUT, isnt the money we owe (4 million ish) owed to directors / wilky? Then we could only go into admin if they are asking for their money back. I thought the problem with bradford was that they owed money to creditors (businesses), Tax man who all demanded their money and caused this problem. I thought our 'mess' was just that we were soley relying on Wilky and co. In which case, unless he's in major financial strife, cant see him doing anything to harm the club
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| Heard a rumour today that all rumours are rumours, including this one. Sh[ii[/it the bed, when will it ever end?
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| Quote: Prestwich Red "I heard the other week that Cas are close to total meltdown'"
Hardly.
New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.
The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.
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Club Coach | 5573 | |
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May 2005 | 20 years | |
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| Quote: Gronk! "Hardly.
New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.
The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.'"
Yeah that's his point, rumours should be taken with a pinch of salt. I can't see us being anywhere near a Bradford situation tbh.
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