We started paying the council loan back, is that not obvious?

Not yet we haven’t.

I'm disappointed you don't have the answers. Maybe you know where the club got £1.2m contribution towards the current redevelopment?

Not true I’m afraid.



We’ve been paying it back for a while and that’s the reason a certain bus route is still running.



No idea where you’ve got that from but it’s an unban myth.

Depends what you mean by paying it back i guess. I believe it is the loans interest we pay on it now. It’s a low interest rate only available for local government but on a £3m+ loan that still adds up. So in that respect you are correct. The actual repayment part doesn’t kick in until the development is built and operational. It is why the full charge remains on balance sheet.

Is that for a SL or Championship ST?

Koulash wrote off huge sums of money he poured into Salford - we didn’t have anyone writing ours off when MC took over.do they actually pay rent on the stadium they’re in?

Wherever Salford are at now it’s because people have been financially kind to them on the past.

What a load of toss .Take it you were one of the many who could not be ars paying 5 POUNDS on wednsday to the fans forum to listen to a bunch of great guys working there but of to turn the club around.Instead you just come on here and knock a club I have watched for 68 years ,Guess when we go down you will be no way near the ground again As it as not sunk in that the poor recruitment of the players is all down to CHESTER .We could have the best coach in the OZZ set up but he would struggle with this squad To blame the present Coach for were we are at presents is way out of line , Most of the cash for players had been wasted on poor players before he took over Sorry for rant altofts wildcat but think it is time you gave the club a bit of slack .No sugar daddy's at Wakefield just guys doing a far better job then you ,me or any body else who comes on fans forum and like it or not there would not be a club with out them

Bingo!!! Yes you are correct.



Anyhow, lets hope we never have to worry about that next season and we manage to stay up. Because if we go down ,optimist or pessimist the clubs income will be drastically lower and massively effect the quality of the team

I may be wrong but didn’t Glover leave his money in the club when he left?

4 props on bench ..........

Yep Glover did leave his money in the club and wrote a loan off.

Seems to me the first paragraph of your post is far more accurate than the second one!

Not sure what you mean???? - But either.

Doesn't matter to me what League we are in, I will be there.

I think the club went into liquidation and a new club was formed. I could be wrong though. If I’m right he didn’t leave his money in the club as the club no longer existed. What he did was lose his money. Glover was a stakeholder not a creditor so the new set up owed him nothing.



Whether he lent the new club money then wrote it off I don’t know. I have vague memories of something like this.

Team for tonight....



Shaul

Kershaw

Hall

Gaskill

Murphy

Miller

Lino

Arona

Hood

Whitbread

Ashurst

Batchelor

Crowther

Subs

Fifita

Bowden

Battye

Aydin



Come on Trin!!!

That’s no true, Glover wrote off around £700k when he walked away. For all the stick he gets he really did try and make a difference, he was just naive and put his faith in the wrong man.

Toulouse 6 Hull 24 with 16 minutes left...come on Hull

Bens sorting that for us

Pity he didn't sort last week.......

he's feeling guilty

The club wasn’t liquidated, that would be an insolvency event and the SL/RFL had stated that an insolvency event would relegate the club to League One. That’s why there was bitterness between Bradford and Wakefield as one was being threatened with a big stick while the other had the RFL doing everything they could to keep them in the SL.



I’ve stated on here a couple of times but here goes again, Brereton & Carter had around £200k each in the club and had we been liquidated or gone into Administration they, along with all the other Directors would have lost their money. Instead they took over the club in an effort to prevent their money being written off as part of an Administration. Nothing at all wrong with that but Trinity fans get all mushy over Carter because ‘he saved the club’ and he did but not for the reasons you all think he did. Had he had no money in the club he’d have walked away and let us sink, absolutely no doubt or room for argument on this, I have it from Chris Brereton directly that this was the case. As part of the deal for Carter and Brereton to take over, Andrew Glover wrote off over £700k and walked away.



So as I said earlier, Glover gets a bad wrap but he was genuine in his efforts albeit naive and misguided.

If we had beaten the French pretenders like we should have done, we would be home and hosed.

Anyway thank you Hull.

Wouldn’t liquidation result in points deduction but this may not apply to RL.

100%. Really frustrating