FORUMS > Salford Red Devils > Clubs Finances |
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Player Coach | 987 | No Team Selected |
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Feb 2006 | 19 years | |
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Sep 2016 | Sep 2016 | LINK |
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A.Marshall: |
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| Quote: mmp "not going to debate that as it's not something I know the details of and I doubt there are many that do. but what i would say is that a 'loan' is not always a 'bail out' if you have the confidence it can be repaid - that is something that makes a fundamental difference when looking to hand over any cash. Sad to say, but it is why i doubt Swinton could have been helped at the time of leaving Station Road - the liabilities as I understand them were in the £millions with the upkeep costs of Station Road itself (however historic) being a key part of the problem. Thankfully Salford have never been in such a bad position and the works done to the Willows over the years have at least kept it reasonable - the club never had such a huge liability hanging over it the way Station Road was to Swinton.
Same can be said for the Sheddings which was falling to bits when Salford went there in the last year before Superleague. The upkeep of 'traditional' grounds to meet modern H&S standards (never mind tastes of people coming to games) mean that they represent an ongoing drain on club monies with little upside. Hopefully, the move for Salford to Barton reduces that cost / liability. If Agecroft happens, Swinton too should be on a more even keel - just a pity that steps were not taken 20 years ago to sort it out.'"
Totally agree with you. The sad part about Station rd's demise is ofcourse the underhanded way in which the directors at the time dealt with the matter and for that matter the quietness of the council as of course McClean homes must have agreed planning permission long before the deal was struck.
Old stadia are of course difficult to manage and all to often the only remedy is a new one otherwise you end up nomadic or a long term tennant as both Swinton & Oldham have in rugby league and of course Belle Vue Aces following the demise of Hyde Rd.
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International Star | 310 | No Team Selected |
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May 2011 | 14 years | |
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May 2014 | May 2014 | LINK |
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| To be honest john wilkinson has been very good to this club over the years and can not see him acting in any way to put club in a financial crisis the last thing in was adhere of the we were never taken in to any perilous position and he shrug moves has always kept the club and he as always kept us in a good position financially so people might be getting worked up over nothing. I have never known wilkinson not to put club first great chairman and as for new ground I am sure he got a good deal for the club
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Player Coach | 4381 | No Team Selected |
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Nov 2008 | 16 years | |
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Sep 2024 | Sep 2024 | LINK |
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41353_1310121834.jpg Never mind the bollox,bring on the rugby::d7dc4b20b2c2dd7b76ac6eac29d5604e_41353.jpg |
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| Quote: brian52 "The club is kept afloat, and has been for many years, through JW and the directors , with assistance in last couple of years from the council, who will recoup this once the retail elements are built. The costs of running the new ground will be in excess of a million pounds per annum, which would have been a huge drain on the club moving forward. The deal i believe is we pay a rent, we get money from gate admission and corporate hospitality, but get nothing from the bars or snack bars. Ideally if Sale move in , then logic would say that our rent would be halved. The key for the future is to try and bring new blood into the boardroom, {preferably with lots of money} and try and get new sposors, as obviously the more income we can get from off field activities helps with what we can spend on the salary cap. This in turn should mean we attract better players, play more attractive football and be more successful , which should bring more fans through the gates. Lets Hope!!!!'"
Very similar to the agreement we (Hull fc) have at the kc stadium.
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Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
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Mar 2004 | 21 years | |
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Mar 2016 | Mar 2016 | LINK |
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9005.jpg kcab sfrawdder
Luck is a combination of preparation and opportunity
Just to avoid confusion Starbug is the username of Steven Pike
SOMEBODY SAID that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!:9005.jpg |
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| Quote: jimmyfivebellies "Very similar to the agreement we (Hull fc) have at the kc stadium.'"
Which you make up for with numbers attending and non playing stuff like merchandising sales
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Rank | Posts | Team |
Club Owner | 307 | No Team Selected |
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Aug 2003 | 21 years | |
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Feb 2017 | Feb 2017 | LINK |
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| Post on wakey board suggesting we are going into administration and cant pay wages!!! Hope to god its all just rumours!
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Rank | Posts | Team |
Player Coach | 3796 | |
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Feb 2006 | 19 years | |
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Nov 2021 | Oct 2016 | LINK |
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22482_1402863561.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_22482.jpg |
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| Quote: RED1 "Post on wakey board suggesting we are going into administration and cant pay wages!!! Hope to god its all just rumours!'"
We can't pay wages, yet we sign two new players and get in a new coach in the same week...
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Rank | Posts | Team |
Player Coach | 385 | No Team Selected |
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Jan 2010 | 15 years | |
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Sep 2013 | Sep 2013 | LINK |
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47867_1378997218.jpg When passion and skill work together, the end result is often a masterpiece.:d7dc4b20b2c2dd7b76ac6eac29d5604e_47867.jpg |
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| This was my response on the Wakey Board :
Really sorry to Rain on your parade, But We are not having Financial Difficulties, Dave "Nosey" Parker has got his story very twisted on this one, Everybody has been paid as usual, We are in in the proccess of gaining another 3 year franchise , our stadium is looking fantastic and our team have slowly started showing some promise. Matt Parish has arrived and we can now start laying foundations for next years squad and hoping to finish this year strongly. FWIW John Wilkinson is a "Wealthy" Backer as is Iain Watson who is our director and current owner of the Willows Land (Earmarked for new Godliman & Watson Homes development) . So sorry to those who were getting excited at the prospect of a Salford saving thier Teams bacon, We aint going anywhere apart from onwards and upwards!
Much Love
Salford
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Rank | Posts | Team |
Club Owner | 307 | No Team Selected |
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Aug 2003 | 21 years | |
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Feb 2017 | Feb 2017 | LINK |
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| Quote: CavendishStreet "This was my response on the Wakey Board
Nice reply Cavensdish red - is it correct though? Some wakey fans seem to be disputing you. Be good if we could nip this one in the bud straight away cos its been hanging around for a few weeks and is a bit of a worry. Where has it all come from?
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Rank | Posts | Team |
Player Coach | 385 | No Team Selected |
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Jan 2010 | 15 years | |
Online | Last Post | Last Page |
Sep 2013 | Sep 2013 | LINK |
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47867_1378997218.jpg When passion and skill work together, the end result is often a masterpiece.:d7dc4b20b2c2dd7b76ac6eac29d5604e_47867.jpg |
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| I dont think rumours like this can be "Nipped in the bud" Until the club actually come out and make an official statement , problem is if they do make a statement its catch 22 because we will be accused of damage limitation etc, Nobody unless you work for John WIlkinson in his finance dept can truly know the scale of the Incoming>Outgoings and it would be silly to claim otherwise. BUT i have the utmost faith in our current board and thier ability to manage our finances accordingly. The rumour started after a "source" contacted Dave Parker form Rugby League Weekly to report the overseas contingent hadnt been paid and as a result utility bills had bounced etc, and that Ray Cashmere had "Remonstrated" with club officials about this. I belive this source is a load of crock , certain players have clarified privatlely that this is a non issue and false . One player in particular was disgusted at the article. So heres hoping this nasty porky pie is buried!
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Rank | Posts | Team |
Player Coach | 987 | No Team Selected |
Joined | Service | Reputation |
Feb 2006 | 19 years | |
Online | Last Post | Last Page |
Sep 2016 | Sep 2016 | LINK |
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A.Marshall: |
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| Quote: CavendishStreet "I dont think rumours like this can be "Nipped in the bud" Until the club actually come out and make an official statement , problem is if they do make a statement its catch 22 because we will be accused of damage limitation etc, Nobody unless you work for John WIlkinson in his finance dept can truly know the scale of the Incoming>Outgoings and it would be silly to claim otherwise. BUT i have the utmost faith in our current board and thier ability to manage our finances accordingly. The rumour started after a "source" contacted Dave Parker form Rugby League Weekly to report the overseas contingent hadnt been paid and as a result utility bills had bounced etc, and that Ray Cashmere had "Remonstrated" with club officials about this. I belive this source is a load of crock , certain players have clarified privatlely that this is a non issue and false . One player in particular was disgusted at the article. So heres hoping this nasty porky pie is buried!'"
If this is true now wouldn't be a bad time assuming franchises aren't affected.
Think about it the debt would be wiped off yes you would get a points deduction. but it would be this season when it is unlikely you can make the top eight.This gives Parish a clean slate at the start of next year with the possibility of cash to spend.
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Rank | Posts | Team |
Club Coach | 10390 | No Team Selected |
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Jan 2005 | 20 years | |
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Feb 2018 | Sep 2017 | LINK |
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11969.jpg 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 |
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| I find it highly unlikely that we would have gone to the trouble of sending three members of staff over to Australia to source a quality coach or as someone else has said bring in a very exciting and coveted youngster.
Think never mind the twqo wealthy backers Wilky is not foolish enough to let the club get that far into debt that the club is at risk.
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Rank | Posts | Team |
International Chairman | 3174 | |
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Feb 2002 | 23 years | |
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Dec 2016 | Nov 2016 | LINK |
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986.jpg "In his autumn before the winter comes man's last mad surge of youth." "What on earth are you talking about?":986.jpg |
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| All this seems to stem from one wage run last month that didn't go through correctly or on time ?
Two of our board of directors & the General Manager were over in Aus at the time.
Most companies I know need cheques / BACS signed off by A / B signatories for big payments like Payroll etc . therefore the most likely senario is ( the boss was out ) .
anyway the fall out from what ever happened turns up in :-
A the MEN on 6th July & the League Trade Rags over the weekend .
Both you think would be more careful to check their facts before printing but Hey we all know Journalists & Newspapers are law abiding & beyond reproach
And now we have wild & malicious speculation appearing on forums of two Clubs who really have gone into Admin in the non too distant past . ( Stones + Glasshouses ).
Welcome to Franchise season everybody
In truth the ' Red City Development folds ' announcement the week following our admission into SL in 2008 has marked us .
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Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
Joined | Service | Reputation |
Mar 2004 | 21 years | |
Online | Last Post | Last Page |
Mar 2016 | Mar 2016 | LINK |
Milestone Posts |
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Milestone Years |
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Location |
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Signature |
9005.jpg kcab sfrawdder
Luck is a combination of preparation and opportunity
Just to avoid confusion Starbug is the username of Steven Pike
SOMEBODY SAID that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!:9005.jpg |
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| Quote: middleman "All this seems to stem from one wage run last month that didn't go through correctly or on time ?
Two of our board of directors & the General Manager were over in Aus at the time.
Most companies I know need cheques / BACS signed off by A / B signatories for big payments like Payroll etc . therefore the most likely senario is ( the boss was out ) .
And now we have wild & malicious speculation appearing on forums of two Clubs who really have gone into Admin in the non too distant past . ( Stones + Glasshouses ).
Welcome to Franchise season everybody
Your last part of the post is definatly part of the problem , however in reality the Barton progress should see you ok
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International Chairman | 4918 | |
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Feb 2002 | 23 years | |
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May 2016 | May 2016 | LINK |
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cartoons/WB35.gif :cartoons/WB35.gif |
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| The reality for Salford is, we are never awash with cash, we do what most businesses do and pay up at the last minute. This will always lead to rumours and clubs like Wakefield with their history will hope for us to go bust.
I don't think Peel would want this stadium to stand empty, the Chairman & Directors would find the money for wages etc. I think our Directors will ensure we are in business not administration during this month.
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Rank | Posts | Team |
Player Coach | 1055 | No Team Selected |
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May 2007 | 18 years | |
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Mar 2012 | Mar 2012 | LINK |
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33469.jpg IF WIDNES DESERVE A PLACE IN SUPER LEAGUE.......THEN THE POPE IS JEWISH!:33469.jpg |
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| Says on fishal site players were paid a day late due to an accountancy problem!!My source at the time mentioned this and at the top of the thread i did say "not paid on time" and not that we were in financial problems.Although today i here off another source that it isnt the first time this season that it has happened! perhaps we need a new accountant as well as a clear out of many backroom staff before the big move!!
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