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.

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.

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 .

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.

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!!

"Your Source" wouldnt happen to be a disgruntled former employee by any chance, would it?

I would not class "my source" as a "disgruntled former employee",this time around!! but someone in the know at a very high level within the game as a whole !

Just shows how 2+2 = 5 and definately shows how lazy journalists (who imo are stealing a wage) jump on any statement be it true or false and report it as newsworthy fact.

Yes i agree butcher,forums are here for talking about gossip,scandal,rumours etc .... but for that pillock barker to make half a story on the clubs finances out of this thread just about somes up the guys level as a r/l journo/reporter !! HOW MANY COACHES DID HE REPORT WE WERE HAVING IN A 2 WEEK PRIOD F.F.S...??? DONT GIVE UP YOUR DAY JOB MR BARKER !!the bloke will be tapping up wilkies mobile next lol

It's hard to trust anything you read online. Distinguishing fact from rumour, opinion and conjecture is often a guessing game.

Thank god for wardleyred I say - at least you always know for certain that you're dealing with unfounded horse sh*t.

LMFAO Mr.Barker you f***ing Tw*t

Do you work for News International? as you have a lot of sources at your disposal.

You are falling into the same trap as Neil Barker!who you also criticize him for doing exactly what you do.

At least i get out and about to meet "my sources" or have cell fone chats ! where as our good friend mr barker simply sits at home trawling the boards on here in between watching catch phrase and helping his mum out at home doing some knitting!