,

I could be wrong - but i dont think from memory companies can go bankrupt,they can become insolvent,bankruptcy is for Individuals.
Either way it wouldnt surprise me in the least if the company (Spirit of 1873 ltd) becomes insolvent after our departure from super league.The new stand and associated debt/repayments i fear will actually become the millstone around our neck.

The bit i cant quite fathom and in fairness is the only bit of hope i have remaining with regards the financial stability when we are relegated is - surely the board know the above, so why allow this predicament to unfold,unless they have a solution/or there is a plan B.

the current board including the ceo are the present custodians of the club and therefore it is up to them to find a way forward and at the present time they are making a cows backside of it, il say again we are over 4 million in debt, we don't seem to have a pot to pee in, we have the worst squad in our super league history, the product on the field Is poor and we can't afford to change things, there's a good chance we will go down and then we are up the creek.

Some have

Lol. You are funny Mopsey. You realise you are showing obsessive signs too?
Anyway, the point of the stadium asset is to
1) Keep us in, or a chance of returning, to Super League.....which drives higher income for the rugby side
2) generate income outside the rugby side.

In all mortgages, the point is to buy an expensive asset that will either make money through inflation of land or building prices, or generate income in excess of its cost over time, that you couldn't buy in one go and would lose the opportunity of the income without it.

I've no crystal ball to say it will all work, but it makes sense to me.
Added bonus of nice place for me to sit and watch rugby.
I don't think it's just Carter's idea.

Hear bloody hear!!! Sick of the carping without one single, sensible concrete idea of their own and also without act knowing anything much about what is going on or has gone on behind the scenes. I've questions and criticisms but the level of paddy throwing by some is mind blowing

It shouldn’t be the fans jobs to find the solutions.

Did she look like Norah Batty, but you thought she was a dead ringer for Bridget Bardot?

There has been a sort of an anarchic faction e-whining since the collapse of the Shane McNally's golden era. That's nearly 10 years ago. I doubt that Carter going will draw us all into one big happy family.

I actually find some of the underlying grievances with MC quite scary, verging on disturbing.

Do you know, I actually find some of the underlying worship and appreciation of Carter very disturbing. Good bean counter but a disaster as self appointed CEO and director of rugby.

We either pay inflated rent or buy the asset, don't t now the actual figures, but seemed like a no brainer to me.