Noticed that a handful of Salford fans claiming to be in the know have been posting stuff on Twitter about "devastating" news for Salford, the club's imminent demise, one more year before we go tits up yadda yadda yadda... If any of you are on here, any chance of you making further comment about the subject, rather than making veiled comments? Does anyone else know what on Earth is allegedly going on? Or are we just looking at the latest in the line of baseless "oh f**k, the club's doomed" type nonsense?

Have searched under Salford City Reds and can't find anything. What are the user names?

What nonsense,Mr Salford has led us to Barton to be the biggest club in RL,OUR OWN GROUND,OUR OWN HOTEL,OUR OWN TRAINING FACILITIES,ARE YOU MAD? Ow buy the way can you please donate all you can to our acadamy team so we can buy them some training stuff,ERM dont worry about the tax man,we will sort it out when we can sell another player,we have got 3 left you know.Just give me another 30 yrs to sort it out

In fairness the people who have posted it on twitter are what you would class as more of our clued up types rather than the people who post some of the nonsense we often see on here. Without knowing the full ins and outs I think it is to do with Peel Holdings and the (lack of) investement they seem willing to put in.

I'm just attempting to ascertain a few facts around the situation. When I talk about nonsense, I'm talking about things like the Cavendish Street posts that turned out to be a bit silly, really. I agree there's a lot of problems and we are nowhere near where we should be. Just would like the rumours to be a little less shadowed, nothing more.

The most recent thing I've seen ties in at least partially with what Karlos13 has posted above, Peel apparently "taking over" but won't put any cash in, looking to sell within the year or they'll wind the club up. The best thing now would be if the club/Peel/anyone actually came out and made a bloody statement.

Who knows really,i for one will blame Wilkinson,he`s the one who took us to the most biggest white elephant ever built,Mr Salford is the problem,if not him then next his daughter,god help us.And yet,you get ..oles thinking these guys are great,i just despair

despair

the rest of us get on with life

It's 2012 - EVERTHING is going to end, not just Salford

we shall see

Don't despair.he is trying to get the Glasers involved.

It's Glazers. And f**k that, we're skint enough as it is.

And before any giddy kipper mentions it, no, I don't want the Arab Sheikh's dirty money either.

Is this a good time for Forever Reds to campaign supporters for a level of fan ownership, purchase a percentage of equity etc?

Oh hell yes.

Definatley, but will there be enough interest?

Chico - A question I've asked on here a few times, but do the sums...

The "debt" sems to be around £5 million - primarily to JW - would he want all or any of that clearing before selling shares?

How much working capital does the business (and I say business not club beause that is how you need to look at it) need to keep running ? - bear in mind if you have a siginificant change in ownership then any existing bank guarantees and overdrafts etc will need re-negotiating and in the present climate that may not be a pleasant task!

Let's assume you need just £2.5 mill working capital and JW is extraordinarily generous and agrees to leave his loans in the business.

Then, an optimistic 3,000 people agree to buy shares (about the number of the faithful)

By my calculation thats only £833 each

But take the other extreme - JW requires paying out and the business plan says you need £5 mill W Cap - all of a sudden our faithful 3,000 need to find £3,333 each

If only 1,000 people pitch in, then multiply those numbers by 3

Great idea, but I fear the sums just won't add up - however if anyone wants to discuss further then I'm up for it.