If there was an investor in the wings we wouldn't have needed to sell Smith.

Looks like Wakey and London could be heading to the championship at the end of the season unless we get some funding quickly. How many more players will we be selling?
Thanks Tim, you have been great and good luck at Salford.

Which kind of gets back to my other point... Someone on this forum "in the know" was saying a few weeks ago about investors waiting in the wings but they wanted James Elston gone or something or other. Doesn't seem to be the case.

In that case, panic over. The Star could never be described as a "reliable news source"

And as I pointed out sometimes the forum breaks the news quite accurately.
In a perfect world it would all come from the club but I'm smart enough and long enough in the tooth to know for whatever the reason (sometimes for good) this can't be the case.

Perhaps we got an offer that we just couldn't refuse ie 'silly money'

Rfl bailed us out with 176k tax bill, but they won't bail us out with our 1.3 million debt.

Which was denied by our soon to be new chairman. One thing for sure now though is we need the truth. The full gory details laid out for us all to see. Otherwise after what Elston said on the radio last week nobody will trust anything that comes from the club again. The best way to put the rumours to bed is deal in honest and open facts.

Daddy cool pored cold water on this rumour.
I think IF Elston has been demoted (which is good although not as good as him getting the boot) maybe the move of Michael Carter to chairman may have been somewhere behind the rumour.
I'm assuming they are one in the same?

That's a lot to build up in 3 years

Daily Star report he's gone to Salford according to Twitter.

How the hell have we incurred 1.3 million in debt since Andrew Glover took over ????

This i guess is to be paid back monthly out of the tv money, hence the rumour of budget cuts?

Smith out Chase in! (Yeh right)

Not really, about a third of it is a directors loan for the north stand development, much of which will be recouped if and when we move and is unlikely to be recalled anyway.
It's nothing compared to the £3m directors loans rumoured to be owed at Cas.
The thing about directors loans is that as long as the directors are in it for the right reasons the money is almost negated.