Foundations built on sand. Things looked good but underneath it all they weren't. Ultimately Andrew Glover did not have the capital to fund a SL club and short term progress has come with a potentially long term cost due to the decisions made by the previous CEO.

Ah Red John, you might have just started a thread that would continue for a hundred pages but to try and put it in a very short story

We had a board that tried to do a good job over a number of years and because finances were low, probably tried some risky moves (that no one knew about) and ended up in Admin
Looked like some things were poorly run but it wasn't seen until after admin and of course everybody has a masters degree in hindsight.

Then someone came in who had been a shirt sponsor and took over. They were all about clarity and 100% marketing. It worked really well and the crowds went up and the team got better. Some said it wasn't all good but the new guys were very convincing so we all lapped it up.
Unfortunately they were also gambling with money they didn't have and it all fell apart again......just quickly this time as they had been slightly more open about what they were doing.
There were some special circumstances that didn't help like sponsors going bust but ultimately they were speculating on big crowds with cheap tickets which reduced the income.

Now we have someone who has stepped in with accounting skills that looks like (but not everyone agrees) being able to balance the books. Unfortunately because confidence has been sapped by the group that marketed big and convinced us we were all golden, he can't get the money through supporters season tickets so is having to off load some of the bigger wage bills to get us to teh balanced position.

How good a quality of team we will end up with once balanced is a hot subject but only time will tell.

Income = Y, Expenditure = Y x 2
Simple bad management (although not noticed by one of our more vocal posters) at the time sadly or he could have raised the alarm for us.
Where it went and on what nobody really fully understands but basically what we are presently reaping; was sown over the last couple of seasons.

Thanks for the replies guys.

Basically, it seems Wakefield went down a well-trodden path. Unfortunately, the pressure is always on to go down that route, with fans demanding success and believing that that success will bring more fans and therefore more success. John Wilkinson at Salford always tried to keep expenditure close to income, but ended up being criticised for it by one section of fans (you'll never guess who one of them was) who subscribe to this 'you've got to speculate to accumulate' garbage, which is always easy when it's not your money you want to speculate with. In the end they speculated on the new stadium bringing in crowds of around 8000 and budgeted on that basis. Crowds turned out to be around 5500 and we went down the pan.

It's becoming more and more apparent that pretty much the only way to achieve any form of success in team sport (not just RL) is to have a wealthy backer that's prepared to invest in kick-starting the process, like Simon Moran at Warrington.

Good luck for the future.

Hey what you don't realise is your going to end up costing your club financially asking stupid money for Kirmond, he's not even an international, I know you've been offered 2 times his market value and yet the pound signs in your eyes still keep flashing, you end up losing a really good deal by being greedy, but GT it's your job to save YOUR club if you fail YOU will be held responsible.

Red league sent me the above

Just for the record, I haven't asked for any money, never mind stupid money.

Love it, no really some people!!!

sorry Daddycool, you must have that wrong!!

theres plenty on here that know better than you

btw....most fans are behind you, were dissapointed but behind you

There were a lot of people behind Julius Caesar in the end.

Cringe. What a buffoon he is.

You can't talk about Daddycool like that!

I've seen it all now, anyone else see the irony?

Stirrer!

RED LEAGUE wrote

I just knew it!