THIS is the hilarious bit..

A club spokesperson saidthe perpetual false narrative that the club seemingly does not pay its way, we would also like to be clear that the club have paid and continue to pay rent on a monthly basis that is higher than any amount paid by any of the club’s previous ownership since moving into the Salford Community Stadium."

So, they still don't pay full rent - just more than the last owners - and think that that means they are paying their way!

Utter sham of a club!

Last probably paid like minimal but this could even just be half rent or less. That statement doesn’t tell you anything.

Off the field Salford are a bit of a basket case who are pumping the money into a playing squad it seems that’s not sustainable.

I bet these money injections though count as a positive on the finance img as external funding brought in which if that’s the case would truly be laughable. They are lifelines to keep the club alive. If they stop then it will likely mean Salford going into admin.

State funded rugby league club.

IMO Salford will be lucky to complete the season.

They scraped it last year financially, but if the desperate council buyout of the stadium falters, it's game over.

It is only the outstanding and determined work by the previous incumbents that saved our club from financial disaster and paved the way for Matt Ellis to step in and use his wealth to develop a new narrative for Trinity - built on the dedicated work of Michael Carter and John Minards. We wouldn't be here without them and certainly not looking to pull together the additional fractions of points to reach the magic 15 to provide Super League security.
Be absolutely certain, if Councillor Box had had his way we would now be in a far worse position than Salford.

Spot on, pity we got some on here who do not want to know the truth

Council Tax funded by residents Rugby League Club

Sounds like they have some very good 'friends' on the council. They know when they have spent this latest gift, the council will cough up again. Also reads like it was pushed through by a small few at the top and there was no wider consultation with the full council, hardly democratic but mirrors the dictatorial style when Box ran out council.

Don't forget this club is 8th in the IMG provisional gradings.
Makes no sense.

All they are doing is getting investment just like many others.
It's just that this is public money instead of private.
If they can agree those terms good luck to them.......but clearly that is a fragile existence.

The sad thing is that on the balance sheet this will actually help get Salford points I think from outside investment etc. though in reality it’s to keep them in existence. Very fragile indeed.

One bad season on the pitch and their goose may be cooked.

It’s not investment, it’s loans that the council are unlikely to recover or even attempt to recover, should have a negative impact on IMG points

Depends if it’s counted on the balance sheet as loans. There’s creative ways of turning a positive. If it’s not subject to repayment then it’s not a loan and if it’s not required to be repaid then it will likely just appear as an injection of funds. If there is no outgoing or agreement to repay any amount then I can’t see how it would negatively impact. Though it certainly should.

Well I hope the Salford rate payers are happy tonight that their money has gone to a very good win.

Fair play that was a great win for them last night!