Quote SCR-SeaDiver="SCR-SeaDiver"Although there has not been any official confirmation if Due Diligence is taking place,the delay informs me that it is being done in an uber-professional manner.
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or rather the clubs finances were in such a mess ;-tied up with additional RFL loans , Salford Council loans , it's has taken longer to unravel and settle to the new investors satisfaction , that it had to be ratified by the RFL indicates a change of management /or how close we got to going under.
[url=http://menmedia.co.uk/manchestereveningnews/sport/rugby_league/salford_reds/s/1589260_salford-city-reds-poised-to-announce-identity-of-new-financial-backersreds poised to announce new backers[/url,
looks to me like Salford Council / Peelhave stepped in to safeguard the prime tenant of SCS , and similar to Bradford assurances we'd still be in superleague will have been discussed as part of that investment .
- 'Peel' investment mangement to be in charge of the daily running of the club
- these steps had to be sanctioned by the RFL in order for the Club to participate in SL 2013
- Wilkinson to step down and take the figurehead title Club President
- no official recruitment until all talks have been concluded ( in line with purported ban by RFL on recruitment )
- 8 of the senior squad to be promoted from the junior teams ( minimum club trained required by SL surely )