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.

Moley how on earth did a `new` club - for that was what it was - can build up debt like that - getting terrific gates as well - over such a short period?

There is something fundamentally wrong here.

No they didn't, i've heard the interview and thats simply not true.

I'll start the ball rolling with the erection of the 2 new stands, one of which was 'forced' by the RFL in order to meet franchise criteria

No playing budget cuts, its in the interview.

repaying debts from the old regime ?

rlhttp://www.dailystar.co.uk/sport/rugby-league/335632/Salford-snap-up-Tim-Smith-from-Wakefield-Wildcatsrl

No, try signing MrT and Nick Fozzard after the fans gone a funny brown colour but failing to notice.

On top of that is the Eric France money. So you could say possibly, it's about 300k. It's sad that it's taken something like this to get JE down the ladder and opened some eyes that were trusting of him.

Glover is abroad, doing a charity bike ride. He wont be bothered about this !

Who's the charity? Us!!

Excellent, we've sold the one bit of class that we had at the club.
We've played half the season without a #6 and now our only creative player has gone to Salford.
I think there needs to be an announcement of a decent 6 & 7 pdq or season ticket sales for next season will disappear faster than an ice cube in a teapot (no Griffin pun intended)

i'm absolutely seething.

Come on Wakefield, the supporters need to know that, as a club, we are serious about playing top flight RL.

Shit management ?