Actually that too is classed as capital expenditure and is amortised over the length of the contract. Eg buy someone for £300k on a 3 year contract and an amortisation charge of £100k would hit the profit and loss for the next 3 years.

Ah so they are. I am still using the old measure.

Actually having read up on the rules, it makes even more of a mockery of a sporting clubs P&L. Not worth the paper it is written on.

The trouble is even when we get more money the salary cap just stays the same, or indeed decreases in real terms. Until there is an influx of new owners who dont want to play Championship Manager on the cheap then I cant see anything changing.

Winning the world cup would help.

dr poocash does not do rules

Serious point here - how worried should we be about Salford breaking in to the top clubs.

You guys know Brian Noble well and know what a crock of garbage he inherited in 2006 and how he had you up around 3rd or 4th never too far away from the Grand Final.

With Koukash money behind him Noble could be a threat IMO.

and then a great coach took the same team and won the grand final. noble is passed it and will bring salford up to a respectable level but none of their signings are hugely Impressive, smith is hugely over rated and it will be a nightmare paring with chase.

but it wouldn't hurt having another top team in superleague.

By "we" do you mean you.. After all, you are the current biggest spenders, and benders of rules in SL, allegedly...

Or you could look at it another way, Noble took a team on the brink of relegation who were awful that year, kept them up and just fell short of the playoffs in the same year.
Then built a work in progress team the following year improving year on year and before what he had started could bear fruit he was told to go, and it was left to another coach to take the glory of nobles accembled team, quite similar to Ian Millward taking credit for Ellary Hanleys St Helens team for a few seaons.

What i guess im trying to say is its a lot harder to build a champion team than to inherit one.

as i said he will get you to a respectable position. Noble was told 2 years before he's contract expired about the aims and plans (1 being win silverware) he never did. Madge revamped the whole clubs policies and work ethic and there was a massive improvement in players.
Madge is over in aus at the moment with souths who were terrible and he's on the brink of a minor premiership and they are one of the favorites for the grand final.

By the way i will always be grateful to noble for keeping wigan up and was all ways a good bloke but he's not the best coach in super league.

That's fair comment.