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FORUMS > Wakefield Trinity > Salford placed in special measures
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Don't forget this club is 8th in the IMG provisional gradings.
Makes no sense.
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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.
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Quote: PopTart "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.
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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
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Quote: financialtimes "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.
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Well I hope the Salford rate payers are happy tonight that their money has gone to a very good win.
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Fair play that was a great win for them last night!
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Quote: Wildthing "Fair play that was a great win for them last night!'"


Yep, but don't think they'd have won if saints had finished with 13 men......
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Quote: BarnsleyGull "Yep, but don't think they'd have won if saints had finished with 13 men......'"


I'm certain they wouldn't have won if they'd paid their bills instead of paying for the likes of Brierley, MacDonald, Lafai, Cust and Sneyd.

They're great on the field 'cos they won't pay their way off the field.
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Quote: dboy "I'm certain they wouldn't have won if they'd paid their bills instead of paying for the likes of Brierley, MacDonald, Lafai, Cust and Sneyd.

They're great on the field 'cos they won't pay their way off the field.'"


Pretty much. If they have a below par season then the balloon will truly pop.
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Handout loan to help them survive one week and a season long loan incoming the next. They must be out of special measures. Doesn’t really add up.
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They can only be loans if there is a means to repay. Otherwise these are gifts whether the taxpayers or others providing the funds realise at the time.
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I can't believe I want Wigan to win tonight
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Cant think of a more jammier club than Salford.
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Talk about shooting yourself in the foot. What on earth was Sneyd thinking off.
105 posts in 8 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
105 posts in 8 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing



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