| FORUMS > Keighley Cougars > Whitehaven in trouble? |
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The little a bit on the message board at the bottom makes for interesting reading.
£300k in debt and a suspended credit rating. That is pretty bad if true.
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| Mar 2009 | 16 years | |
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| Oct 2002 | 22 years | |
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| Quote: Stealth Comic "The little a bit on the message board at the bottom makes for interesting reading.
£300k in debt and a suspended credit rating. That is pretty bad if true.'"
300k is not to bad.
I know of teams who had more debt and still did OK in this league. |
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| Player Coach | 846 | No
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| May 2008 | 17 years | |
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Cougars,Rams promoted,both in debt.One step forward ,two back.
Same with Donny.
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| Rank | Posts | Team |
| Player Coach | 2855 | No
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| Aug 2009 | 15 years | |
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| Oct 2017 | Oct 2017 | LINK |
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| Quote: guess who "300k is not to bad.
I know of teams who had more debt and still did OK in this league.'"
I suppose it's all relative.
Any debt is only bad if it can't be paid back. And if is true their credit rating is suspended they'll have a heck of a job trying to refinance it. |
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| Rank | Posts | Team |
| International Board Member | 7174 | No
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| Oct 2002 | 22 years | |
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| Oct 2019 | Nov 2018 | LINK |
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| Quote: Stealth Comic "I suppose it's all relative.
Any debt is only bad if it can't be paid back. And if is true their credit rating is suspended they'll have a heck of a job trying to refinance it.'"
People can have over 300k worth of debt.
Not pay it back and still keep going as if everything is OK. |
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| Rank | Posts | Team |
| Player Coach | 2855 | No
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| Aug 2009 | 15 years | |
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| Oct 2017 | Oct 2017 | LINK |
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| Quote: guess who "People can have 300k worth of debt.
Not pay it back and still keep going as if everything is OK.'"
Clubs can have £182k worth of debt, not pay it back, and end up well and truely stuffed |
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| Rank | Posts | Team |
| International Board Member | 7174 | No
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| Oct 2002 | 22 years | |
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| Oct 2019 | Nov 2018 | LINK |
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| Quote: Stealth Comic "Clubs can have £182k worth of debt, not pay it back, and end up well and truely stuffed'"
Only 182k, are you sure of that figure? |
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| Rank | Posts | Team |
| Player Coach | 2855 | No
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| Aug 2009 | 15 years | |
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| Oct 2017 | Oct 2017 | LINK |
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Sorry, a club can have [ia[/i £183k debt, not pay it back and be well and truely stuffed.
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| Player Coach | 757 | No
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| Mar 2009 | 16 years | |
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| May 2011 | Jul 2010 | LINK |
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GW and Stealth the final figure is not relevant anymore its done and dusted now its semantics.
I am not concerned about Whitehaven or anyother club, no one was interested in us, that being said I would take no pleasure in a club under like we did but also if it helps the cougars I would not lose sleep over it.
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| International Board Member | 969 | No
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| Jan 2003 | 22 years | |
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| Jun 2012 | Jun 2012 | LINK |
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| I think GW is referring to a club who had £183k of tax debt, £68k of trade debt, and £310k of private investor debt - all in his own roundabour way you understand - but you didn't hear from me  |
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| Rank | Posts | Team |
| Player Coach | 757 | No
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| Mar 2009 | 16 years | |
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| May 2011 | Jul 2010 | LINK |
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| Quote: Catfink "I think GW is referring to a club who had £183k of tax debt, £68k of trade debt, and £310k of private investor debt - all in his own roundabour way you understand - but you didn't hear from me ![]()
Catfink nice to see you on here are you just passing through like a vindaloo 
As previously mentioned the size of any clubs debt does not concern me its the end result I am bothered about but its time to move on whilst not forgetting. I am bored of even myself prattling about it.
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| Rank | Posts | Team |
| International Board Member | 7174 | No
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| Oct 2002 | 22 years | |
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| Oct 2019 | Nov 2018 | LINK |
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| Quote: girl power "Catfink nice to see you on here are you just passing through like a vindaloo ![]()
If your not interested in any of this, dont bother making any more comments on it.
If other people want to then they can carry on.
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| Rank | Posts | Team |
| International Board Member | 7174 | No
Team
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| Joined | Service | Reputation |
| Oct 2002 | 22 years | |
| Online | Last Post | Last Page |
| Oct 2019 | Nov 2018 | LINK |
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| Quote: Catfink "I think GW is referring to a club who had £183k of tax debt, £68k of trade debt, and £310k of private investor debt - all in his own roundabour way you understand - but you didn't hear from me ![]()
Ahh haaaaaaaaaaa i see someone else knows about the FULL amount 
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| Rank | Posts | Team |
| Player Coach | 2855 | No
Team
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| Joined | Service | Reputation |
| Aug 2009 | 15 years | |
| Online | Last Post | Last Page |
| Oct 2017 | Oct 2017 | LINK |
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| Quote: Catfink "I think GW is referring to a club who had £183k of tax debt, £68k of trade debt, and £310k of private investor debt - all in his own roundabour way you understand - but you didn't hear from me ![]()
Obviously I was referring to the same thing. I knew there was more than just the £183k tax involved. I was referring to the fact that it was the £183k debt that took that club down.
I didn't articulate it particularly well, that's all.
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