Somebody posted this to twitter...very worrying, make of it what you want. companycheck.co.uk/company/00137072 For those who can't access the link, the basic details are: Cash In Bank: £877 Net Worth: -£4,352,212 Current Liabilities: £3,763,566 Current Assets: £265,351 And no there not the financial details of crusaders

Somebody posted this to twitter...very worrying, make of it what you want. companycheck.co.uk/company/00137072 For those who can't access the link, the basic details are: Cash In Bank: £877 Net Worth: -£4,352,212 Current Liabilities: £3,763,566 Current Assets: £265,351 And no there not the financial details of crusaders

I had posted this before but have a look companycheck.co.uk/company/04791472 and have a look here at the companies that the board are all involved in starting with Mr JW company-director-check.co.uk/director/900976485

I had posted this before but have a look companycheck.co.uk/company/04791472 and have a look here at the companies that the board are all involved in starting with Mr JW company-director-check.co.uk/director/900976485

From the looks of that ( and I'm not business guru) as I've said before if not for Wilkinson Star He'd be a failed business man

And without John Wilkinson,we'd be a failed Rugby club!

Correction we already are a failed rugby club! Hanging onto a SL franchise by goodwill from the RFL hardly makes us a success!

However I have and always will respect JW. For everyone acknowledges that without him we wouldn't have a club to support at all.

From a fan of a club who has had more than its fair share of bad news, i wish you all well!!!

Firstly this is based on 2010 accounts not 2011.

We all know that trading whilst you know you are insolvent will get you in trouble. Therefore I would advise caution. There are a number of things that aren't obvious for this basic information. Liabilities can be misleading.


having said that we know that the club isn't the richest club by some way.

We have always managed to avoid Insolvency and I'm sure we can struggle though.

Could somebody compare these results to other Super League clubs?

In the main the Current Liabilities relate to monies put in by JAW, HC & IW to sustain the presence of the club.

The Bank Overdraft is again Guaranteed by the three good men.

Would Wardley & Lance like to step in please in their stead?

Quote: Chico "Could somebody compare these results to other Super League clubs?'" Comparisons with other clubs deemed our level just add to the worry, this includes Wakefield who have recently been in administration Salford Cash In BankCastleford companycheck.co.uk/company/02623391 Cash In Bank: £7,299 Net Worth: -£119,175 Current Liabilities: £1,429,060 Current Assets: £1,256,517

Quote: Chico "Could somebody compare these results to other Super League clubs?'" Comparisons with other clubs deemed our level just add to the worry, this includes Wakefield who have recently been in administration Salford Cash In BankCastleford companycheck.co.uk/company/02623391 Cash In Bank: £7,299 Net Worth: -£119,175 Current Liabilities: £1,429,060 Current Assets: £1,256,517

The comparisons are almost meaningless.
We know that the only reason this club survives is because it is supported from JWs own pocket.
This is not about being an apologist for JW. He doesn't need me to do that for him.
It's a straightforward statement of the way it is.
He can still get things wrong,though,as he did with Parrish but its his toy to play with and we all know his heart is in the right place.
Ignore the financial comparisons.
We are skint and we should know it

Quote: reds5 " Quote: reds5 "Could somebody compare these results to other Super League clubs?'" Comparisons with other clubs deemed our level just add to the worry, this includes Wakefield who have recently been in administration Salford Cash In BankCastleford The figures above are for Salford Rugby (1914) have a look for Salford City Reds companycheck.co.uk/company/04791472 or even Salford City Reds Foundation companycheck.co.uk/company/05843571 If you then click on John Wilkinsons name and see the companies that he is involved in,and how many other directors of SCR are also involved as well

Quote: reds5 " Quote: reds5 "Could somebody compare these results to other Super League clubs?'" Comparisons with other clubs deemed our level just add to the worry, this includes Wakefield who have recently been in administration Salford Cash In BankCastleford The figures above are for Salford Rugby (1914) have a look for Salford City Reds companycheck.co.uk/company/04791472 or even Salford City Reds Foundation companycheck.co.uk/company/05843571 If you then click on John Wilkinsons name and see the companies that he is involved in,and how many other directors of SCR are also involved as well

Irrelevant RR as to our current situation.

Wakey accounts pre date their Administration!