Ok no worries mate.

As far as I can see Keith Freer has done a good job, he's kept us afloat, he's told us what the business model is and strikes me as a decent person, he certainly doesn't deserve the comments made about him in the opening post.
The reality is that whoever runs our club, they can't satisfy everyone, they will get some decisions wrong, and god forbid they try to run the club on a commercial basis, which is how it has to be run.
I don't know what's going on behind the scenes, but I am sure that whatever decisions are being made, they are being made in the interest of the club not indivduals, and generally they are being made by people in full possession of the facts, its probably wiser at this juncture to wait for the club to make an announcement, after all we could all be looking for a problem that doesn't exist and it really could be as simple as a cash flow issue.
I do believe that we will come through this and that we will find something new to moan/worry about in the next few weeks/months.

Disgraceful comments but for Keith's hard work we wouldn't have a club

Its difficult to see how the club is better now than at any other time.
Take lisa for instance,Iv'e always thought that Lisa was set up to enhance the club by sponsoring players now it seem the organisation is just propping up a failed club,i can only assume the TDC are doing the same thing.
Plus the club cant even afford a full squad of players

Sorry Keith but how did the RFL bail us out. As i understand it they simple used the monies we were due last season to pay the HMRC on our behalf and we received nowt or very little for last season. So they dis a reasonable job in getting thwbteam to second in the table.

More debt than we have ever had. Do you wish to qualify that? If you look at The records at companies house that doesn't hold true.

Apologies for the misspellings. Stupid smartphone.

I wasn't having a dig either Keith. Before Arthur came in I am pretty sure the cash at bank was an overrdraft of a quarter of a million. I am sure we are at our current limit with the bank but isn't that around 80-100k which KF and PC have guaranteed.

I am a little fed up of some of the untruths appearing on here and being bandied around the town. Even today two contradictory statements appeared one after the other, both apparently from good sources.

I am sure you agree we should be trying to save the club rather than destroy it. If we are on the wrong side of the line at The end of 2014 (ie in Champ 1) then we might as well give up. With what is possibly happening we need to be in the top 10 of the Championship at The end of 2014. Should be straightforward as long as they get sorted soon and we avoid administration.

Keith your correct to ask the ? Are we any better off the answer is NO
Ask your selfless this ? Who set the budget that has yet again got us in trouble
We talk about being transparent if we are why won't the club just tell us what total debt is
Is it 50k or 200k if its the latter we should just go into admin and start again in chap1 with no historic money problems
Start with a clean sheet pay the coach and players what we can afford to pay them
I can hear the shouts now can't do that but we can't carry on season to season borrowing off Peter to pay paul
Then expecting a token gesture to pay players wages

My understanding is that Trevor set the budget with Keith, but our transparency is hard to find beneath the mud
Admin must be avoided unless a deal is struck with the RFL not to go into C1
We luvved up just before SL and it took us 4 years to stop the rot and cost us over a million in sky money, we cannot do that again as we won't recover and die like Oldham

24 players trained Saturday morning John how many do you want in a squadi?

As for our attempt ion SL did I not warn it would rip the heart out of the club? we should have took the money and run with a very young squad, but Hi Ho hindsights is a great gift.
As for going into Administration I would guess that most of the debt is owed to local people/companies like myself who have lost money to Leigh RFC in the past, well some of us cant afford to keep losing money the result will be that the club cant get local people to service the club so not only do they lose local trust they lose local support.

Crilly Park here we come (but I bet they wouldn't have us )

A companies liabilities can't simply just be gauged by its over draught unfortunately.

I wonder how the creditors would vote on the option of capitalise to shares or admin.

I have said many times DL's and PG's should be write offs and not to be expected back, what would the accounts look like if LISA had made its donations as Loans over the years?

We have potentially exciting times ahead again in RL, WE MUST NOT BE SAT AT THE LOWEST TABLE AGAIN

Exactly.

This is why I've maintained from day one shareholders either need to put up capital for the buisness they own to take it forward or hand back and walk away. The club lets be right is property of the town and it's fans they are after all only custodians.

Putting aside current debt/ cash flow issues If 100% share capital was made available it makes the club a completley different proposition to potential new directors and investors.

Its time for real transparency the nonesense spoken on GMR Thursday night it is misleading fans to believe its just a cash flow issue in reality the buisness has to be seriously under capitalised if it can't meet it's liabilities (i.e cant pay its staff or creditors) and its already been made public that it was budgeted incorrectly.

If you are the chairman and responsible for the finances and budgets as a director of a Ltd company that just a quarter of the way into a buisness plan can't meet it's liabilities then you are either a poor businessman or have suffered major unforeseen bad debt or exceptional circumstances. The club for all we know may even be trading insolvent As i type i do not know.

Income vs expenditure is it really that difficult??

Rather than gambling on income from friendlies and income from gates that may never happen budget right from day one and only spend what we can afford to spend. Be honest up front with fans give them honest expectations and tell them were running with a low budget squad etc as that's all we can afford at this point in time. Be honest with LSV demonstrate we can't afford to be there and either renegotiate or take appropriate action to serve notice of intention to leave and make contingencies.

It's like the Wigan partnership issue be honest come out and tell people we can't afford at this point in time as a buisness not to be associated with Wigan and explain the buisness benifits from the agreement instead of painting a picture that most see through. Im not saying all will buy into it some still won't like it and won't come but I'd like to believe the majority would respect the honesty and could crowds really have been much worse anyway???

It's about running it like a buisness all I hear is sports clubs are not like your every day buisness but the same principles apply.

People refer to the Wigan money this should be a bonus not a life saver!!!! what happens if we'd drawn say London away and Derek B hadn't done what he's done to bail us out???

Full marks to Derek But he may have only prolonged the inevitable.

Time will tell.