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Since the end of the season the doom and gloom that surrounds the Salford City Reds as got worse and worse.
In late October they defended a winding up order brought by the Inland Revenue and various creditors at the High Coart. This was partitially succsefull in that the Revenue and some creditors where paid off,but the action will reopen in January for a final hearing. Amongst the creditors are ex players Luke Pattem and Vinnie Anderson who are claiming monies said to be owed to them.

Since then all the news coming out of the club have been about securing finance from Salford City Council,Peel Holdings and Private investment if that could be found.
Every week since then the reports in the Manchester Evening News have said that a deal was expected in a few days so that John Wilkinson could stand down.

This weeks M.E.N as got even gloomier with the news that no private invester could be found,which meant that the club are now poised to receive a bailout of £1.5 million split equally between Salford Council and Peel Holdings.
This rescue plan is due to go before Salford Council next week,but what was pointed out in the article is that the Council has to save £25 million next year and currently has a £4 million budget deficet as well has being owed £1.5 million by the Club from previous loans.

Scources within Salford Council say that without the bailout the Club will go under and the City would lose its original investment. This £1.5 million investment the Club are looking for would only be put in place untill next November and by then they would hope to have new investment.
Since all this was announced it has now got a bit political with opposistion councillers saying how can you lend public monies to a Sports Club when Salford Council still have to make possibly many more workers redundant because of the currant climate.

The Reds website is full of doom and gloom with fans expressing their despair and anger at the situation.

With the first match against Wigan due on the 6th Feb (app 8/9 weeks) and the Salford Coach saying that he has not been able to sign any players to replace players that have left.
This situation makes the Club and the R/L seem to be so out of touch that it seems unreal.

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Mate I'm a salford fan and your bob on to be honest. I feel so disillusioned now its crazy, i'm happy we might play for another year but in all honesty I cannot agree with the council bailing them out. £750,000 pays for about 40 nurses a year! with regards to the council getting their investment back, I'm not so sure. With Sale in they have half the rent needed coming in and although it pains me to say it would it not be better to let the club fold and try and get someone like Man United reserves or something to play there? Surely that would guarentee some income. Yes I know it would mean losing my club but at the expense of the tax payer when people are losing there jobs and missing mortgages, I cannot fathom it. Unfortunately it maybe our time to die!

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[size=85:2j9urrxw][color=#FF0040:2j9urrxw][b:2j9urrxw]WIGAN WARRIORS RLFC[/b:2j9urrxw][/color:2j9urrxw] [color=#0000FF:2j9urrxw][i:2j9urrxw]MORE THAN A CLUB[/i:2j9urrxw][/color:2j9urrxw][/size:2j9urrxw]:d7dc4b20b2c2dd7b76ac6eac29d5604e_50303.png



The RFL have recently bailed out Bradford to a ridiculous degree. They have poured money in the past into London/Harlequins, Hull, Huddersfield and granted concessions to the likes of Castleford and Wakefield over their grounds and, in the case of Wakefield, their Administration.

Surely they cannot allow Salford to disappear down the pan, unless of course there are different rules for clubs west of the Pennines.

MjM
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Let all the doubters keep doubting and those who believe keep believing. We’re only interested in those in the bubble. Anyone who wants to come in the bubble, you can come in. But you’ve got to keep believing.:86.jpg



Quote: THE HINDLEY WARRIOR "The RFL have .... poured money in the past into London/Harlequins, '"
Wow is this an exclusive? Can you tell us more about this?

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they gave them 1mill a few years ago didnt they?

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ABW.:



Quote: THE HINDLEY WARRIOR "The RFL have recently bailed out Bradford to a ridiculous degree. They have poured money in the past into London/Harlequins, Hull, Huddersfield and granted concessions to the likes of Castleford and Wakefield over their grounds and, in the case of Wakefield, their Administration.

Surely they cannot allow Salford to disappear down the pan, unless of course there are different rules for clubs west of the Pennines.'"

.....and your proof of all this is what?

MjM
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Let all the doubters keep doubting and those who believe keep believing. We’re only interested in those in the bubble. Anyone who wants to come in the bubble, you can come in. But you’ve got to keep believing.:86.jpg



Quote: Pieman "they gave them 1mill a few years ago didnt they?'"
No. No, they did not.

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Quote: MjM "No. No, they did not.'"


really?

MjM
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Let all the doubters keep doubting and those who believe keep believing. We’re only interested in those in the bubble. Anyone who wants to come in the bubble, you can come in. But you’ve got to keep believing.:86.jpg



Quote: Pieman "really?'"
Really. Unless you and THE HINDLEY WARRIOR know something no one else in Rugby League does?

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“At last, a real, Tory budget,” Daily Mail 24/9/22 "It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21 A member of the Guardian-reading, tofu-eating wokerati.:d7dc4b20b2c2dd7b76ac6eac29d5604e_755.jpg



Quote: THE HINDLEY WARRIOR " unless of course there are different rules for clubs west of the Pennines.'"


Yes, it's the one that lets them breach the salary cap I believe.

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Quote: tigertot "Yes, it's the one that lets them breach the salary cap I believe.'"


If it peed you off so much, pal, it was worth it just for that. icon_biggrin.gif

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“At last, a real, Tory budget,” Daily Mail 24/9/22 "It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21 A member of the Guardian-reading, tofu-eating wokerati.:d7dc4b20b2c2dd7b76ac6eac29d5604e_755.jpg



Quote: Cruncher "If it peed you off so much, pal, it was worth it just for that.
In God's country I like to think we are above shallow, paranoid, bitter & twisted. You will struggle to find a post from me criticising the RFL for helping any club out, either side of the hill.

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Officially RLFAN's most Doe-eyed Happy Clapper. Big Steve wrote: The Internet has provided some wonderful creativity, opportunities and knowledge sharing but it has also given a worldwide forum for people you would leave a full pint behind in the pub to avoid having to listen to them. aboveusonlypie... If you don't bother to go to the game when you live in the locality then you are not really a fan and therefore your views are invalid. It's simple.:icons39ad_files/4821-1859san_c-msnicons.jpg



Quote: tigertot "In God's country I like to think we are above shallow, paranoid, bitter & twisted. You will struggle to find a post from me criticising the RFL for helping any club out, either side of the hill.'"


Of course you won't criticise the RFL, hardly a surprising stance. As for "shallow, paranoid, bitter and twisted".... we can't compete.

Back on topic, maybe Salford City Reds should be taken over by the other "Red Devils" to create a Barcelona style club with multiple sports under the same banner?

I'll don my asbestos clothing to prepare for being burned as a heretic.... k020.gif

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[quote="Frank Zappa":1sacjrvf]Some scientists claim that hydrogen, because it is so plentiful, is the basic building block of the universe. I dispute that. I say there is more stupidity than hydrogen, and that is the basic building block of the universe.[/quote:1sacjrvf] [quote="The_Enforcer":1sacjrvf]Most idiotic post ever goes to Grimmy..... The way to restart should be an arm wrestle between a designated player from each side.[/quote:1sacjrvf]:



I think we should reduce to 10 teams and put Bradford, Salford, Wakefield and Widnes in the championship. The quality of Super League would improve and we could probably up the cap a bit as well. We really don't look good with top flight clubs getting into financial difficulties so regularly

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