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Quote: vastman "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.

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Quote: BarnsleyGull "Well of course.....
Is that for a SL or Championship ST?

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Quote: Wildcatnomore "Salford had a sugar daddy, Koukash, and got nowhere, they are doing better now and have reached 2 finals recently. According to Rowley, they have the lowest spend on the cap, but i don't know if that's true. How are Warrington and Hull getting on with their resources??! We finished 5th twice in 2017 & 2018 with basically players no-one else wanted, so 'success' can be achieved relatively speaking. Money is only part of it, Have it and waste it, then there's no point having it in the first place.
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.

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Quote: altofts wildcat "Win or lose tonight that won't change the face that the club needs a complete rebuild from top to bottom. (Actually perhaps not all the way to the bottom as the Academy appears to be successful). We need a new board with actual ambition and who are prepared to speculate to accumulate. We need a new coach who actually knows how to coach a team and build an attaching structure not a glorified assistant who got a job because he is a good bloke and will have been cheap. We need a complete rebuild of the playing roster which has gradually got worse since circa 2018 due to poor recruitment.

The above all applies whatever division we end up in.'"

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

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Quote: Sacred Cow "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.'"

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

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Quote: 1315trinity "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.'"


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

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

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

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Quote: lampyboy "What a strange bunch, looking forward to relegation, fed up of punching above our weight, opertunity to rebuild, found our own level.

No wonder Carter gets an easy ride.'"


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

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Quote: djcool "Is that for a SL or Championship ST?'"


Not sure what you mean???? - But either.
Doesn't matter to me what League we are in, I will be there.

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Quote: Scarlet Pimpernell "I may be wrong but didn’t Glover leave his money in the club when he left?'"


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.

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Team for tonight....

Shaul
Kershaw
Hall
Gaskill
Murphy
Miller
Lino
Arona
Hood
Whitbread
Ashurst
Batchelor
Crowther
Subs
Fifita
Bowden
Battye
Aydin

Come on Trin!!!

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Quote: 1315trinity "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.'"


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.

FIL
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Toulouse 6 Hull 24 with 16 minutes left...come on Hull icon_razz.gifRAY:

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Quote: FIL "Toulouse 6 Hull 24 with 16 minutes left...come on Hull Bens sorting that for us eusa_whistle.gif

151 posts in 11 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
151 posts in 11 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing



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