I'm with you on that. I think he went into it with the best of intentions. Perhaps a bit of an ego trip, playing the club chairman role and splashing his cash, but eventually reality hit home and realised he had bitten off more than he could chew.

I suppose the surprise factor behind all of this is because of his double-glazing salesman background, where everything is the best deal ever. When was the last time you saw a double glazing advert that said, "the best discount we could muster, but still decent windows"?

Some of the gambles didn't pay off. Cheap season tickets got the turnstiles clicking but not the tills. There aren't the facilities to cash in on the extra punters.

Ultimately, he had a go at something that was maybe always doomed to fail.

From what I'm hearing, another club with a new owner could soon be in a not dissimilar position to ourselves; it might not be as straightforward for the RFL as you think.

Two divisions of ten with two up, two down would be better than the convoluted crap the RFL are wanting to bring in after next year anyway.

This could happen sooner rather than later. What are the chances of a 12 team SL next year with another going down at the end of 2014 to be replaced by NL1 GF winners of 2014 ?
Imagine London dropping down for 2014 and coming straight back up in 2015 after winning the 2014 GF.

A lot of this guilt should be firmly on Elston, he signed and scouted a few players on huge wages, the whole dolls thing and even renting property to the club for players which now I doubt he did with no profit he has taken every penny he can out of the club. No one will invest while is with 10 mile of the club.

think most of us are guilty of over spending at some time i.e. paying for a mortgage but is a long term gain,

I thought we had a ten year plan in place, if we did its obviously not the way to go

The more I hear the more I wonder. From some of the people owed and the amounts in question I am starting to wonder if he has actually spent that much at all.

glover has also left the club.

I thought he had just gone sideways and doing other stuff ??

Yes it appears he has allowed or played a part in putting us in this mess and walked off leaving carter to try and sort it out. Wonder how much he was paid for his shares?

To me his position is a bit like elstons in that the link to the bad management should make their positions untenable not moved sideways

it appears not

I thought Glover had moved sideways and he still had his 55% share in the club.

Think it has been mentioned that Mr Carter is arranging to purchase the shares owned by Glover