Sounds like this to me AG in his last statement sed he was not going to be involved in the day to day running of the club so he could focas on other areas i.e. Newmarket and education program.
I think he knows we want be able to repay him anytime soon.
You can always tweet and ask him yourself?

'Confident if they can get over this hurdle the future is good, but admits its a big hurdle and won't spend money they haven't got!'

Tanya Arnold quoting MC from the press conference

(and apparently, he is in the Daddycool suit



)


Also: Adamant they will start SL in 2014 - no circumstances that they won't

And: Says Andrew Glover won't pull his money out of the club

No problem with selling players. It's not nice, but it's nothing new. I worry that the early season ticket money (and whatever else we've got early) is revenue we'll need to replace next year at some point.

Cost cutting then. We can't really be paying £400 a match for dancers can we?

Elston Now Stays as CEO............the mind boggles

Get the young uns playing RL at HT.
It costs nothing and it helps inspire our future players.
Having said that, I don't know how this would affect our "community work".

Calling them in from what exactly ?

The club can't pay him a penny they don't have one. That also means his shares are totally worthless anyway.
Best thing he can do is write everything off and walk away I don't see what alternative he has.

No JE has re-negotiated and agreed on a new reduced rate of £395

Can someone clarify please about the 400K that is needed ASAP. Is this to get WTW paying up to the full salary cap next year ? Is it to pay off bills and wages ? The statement just seems a bit vague.

Why ASAP? Are you thinking of investing?

edit...............oh I read that again, I see what you mean now. Money needed asap, not your update needed asap.

We could promise to pay him then not bother

I'm guessing the reason behind MC trying to take over is because no business in its right mind will deal with this club smiles he's still the owner.

Worked for me. Unless you're bringing in an act that will draw a crowd, no point having pre-match or half-time entertainment beyond Daddy Cool doing his stuff and just play music over the tannoy.

I think 400k is the gap between what we currently know to be coming in, and what we need to cover all the outgoings; I don't think it's necessarily that one person needs to bang 400k in, rather that the gap has to be closed either by increasing income, reducing outgoings or more likely, a combination of both.