I think the HMRC debt was somewhere in the region of £250 - £300,000. No other creditors appear to have joined the petition yet.

Thanks RedJohn

HMRC amount was stated as £350k at the end of the meeting. I think I misheard the Patten and Anderson amounts because I noted it down as £27k to Patten and £31k to Anderson - but at the hearing last month Patten was put down as the one owed the most. So it was either £37k and £31k or £27k and £21k.

We could barely understand what was being said from where we were sat. [ very frustrating ] What was JW saying about IKEA and the new road ?

Think people reading too much on the 8000 attendance , I believe the new business plan is based on last seasons income levels, hence that is why the playing budget + the expenditure budgets have been cut to make sure the future business plan is sustainable which has been verified by KPMG & Peels accountants. They realized Dave Tarrys pie in the sky business plan of 8000 wouldn't work.

That should've been made a bit more clear, then, instead of saying "we've got a viable business plan if we get 8,000 people through the gate."

I didn't hear them say that. I thought they said they had a viable business plan based on reduced income, which implied a smaller gate.

I also heard 20-odd k for Patten, and more for Anderson. I think JAW said that was some kind of settled figure with Patten. As for the £350k, I understood that to be Patten + Anderson + HMRC. Roughly meaning there's 150k to banks and 1.5M to Salford council, but that appears to be tied up in the development of the Willows (or possibly the car park bit). The remaining 3M of debt to directors being turned into shares.

I may have misheard, then, but I was convinced they 8k kept getting mentioned. Admittedly it was often hard work hearing the mic upstairs.

Its about to get worse for the Reds. www.thesun.co.uk/sol/homepage/sp ... -600k.html

Its about to get worse for the Reds. www.thesun.co.uk/sol/homepage/sp ... -600k.html

I recall JW mentioned 27K to Patten & 31K to Anderson + the aforementioned 50K to HMRC, however as thw WUP had the Reds account frozen , loan repayements & other debtor payments haven't been paid including More HMRC payments , most debtors & HMRC I guess would have been stalled by the often rumoured Council / Peel Loan.
Now this is not going forward I think the whole meeting was optimistic as any one the remaining creditors could drag us straight back into the London Gazette .

Does anyone know if the club would be likely to get a guarantee from the RFLC that they will have a SL place if the club went into voluntary administration?

Think it's becoming more obvious that a completely clean balance sheet for a new owner is going to be more conducive to finding a buyer.

I do worry that even if we do start the new term we will be the whipping boys which will have a knock on effect to attendances.

We are the whipping boys most seasons,so don't worry,

There's a difference between being unable to complete with the big clubs on a consistent basis and being consistently drubbed by all and sundry.