as far as I see it the ground and the land are the assets the new stand and the rest are buildings on the assett so we are in debt to the council over 3 million which as to be paid back and will be extremely difficult to do if we go down but don't let that detract from your obsession of defending Carter and the club.

I have yet to see the ones who demonstrate pure hatred towards a certain individual offer anything concrete as to a way forward. They seem to revel in an almost orgasmic state at the opportunity presented to them to satisfy long held grudges and grievances .
As many more rational people have said mistakes have been made, but that happens.
Now is the time to get behind the club and endeavour to work out a way forward.

That is a fair enough thing to suggest and I am sure most supporters are fair minded enough to agree. However I don't see any evidence that this present BOD know how to get the club out of this downward spiral. I think player swaps like Hall for Dagger shows to me they haven't got a clue.

,

I could be wrong - but i dont think from memory companies can go bankrupt,they can become insolvent,bankruptcy is for Individuals.
Either way it wouldnt surprise me in the least if the company (Spirit of 1873 ltd) becomes insolvent after our departure from super league.The new stand and associated debt/repayments i fear will actually become the millstone around our neck.

The bit i cant quite fathom and in fairness is the only bit of hope i have remaining with regards the financial stability when we are relegated is - surely the board know the above, so why allow this predicament to unfold,unless they have a solution/or there is a plan B.

the current board including the ceo are the present custodians of the club and therefore it is up to them to find a way forward and at the present time they are making a cows backside of it, il say again we are over 4 million in debt, we don't seem to have a pot to pee in, we have the worst squad in our super league history, the product on the field Is poor and we can't afford to change things, there's a good chance we will go down and then we are up the creek.

Some have

Lol. You are funny Mopsey. You realise you are showing obsessive signs too?
Anyway, the point of the stadium asset is to
1) Keep us in, or a chance of returning, to Super League.....which drives higher income for the rugby side
2) generate income outside the rugby side.

In all mortgages, the point is to buy an expensive asset that will either make money through inflation of land or building prices, or generate income in excess of its cost over time, that you couldn't buy in one go and would lose the opportunity of the income without it.

I've no crystal ball to say it will all work, but it makes sense to me.
Added bonus of nice place for me to sit and watch rugby.
I don't think it's just Carter's idea.

Hear bloody hear!!! Sick of the carping without one single, sensible concrete idea of their own and also without act knowing anything much about what is going on or has gone on behind the scenes. I've questions and criticisms but the level of paddy throwing by some is mind blowing

It shouldn’t be the fans jobs to find the solutions.

Did she look like Norah Batty, but you thought she was a dead ringer for Bridget Bardot?

There has been a sort of an anarchic faction e-whining since the collapse of the Shane McNally's golden era. That's nearly 10 years ago. I doubt that Carter going will draw us all into one big happy family.

I actually find some of the underlying grievances with MC quite scary, verging on disturbing.

Do you know, I actually find some of the underlying worship and appreciation of Carter very disturbing. Good bean counter but a disaster as self appointed CEO and director of rugby.

We either pay inflated rent or buy the asset, don't t now the actual figures, but seemed like a no brainer to me.

That did cause me to chuckle… but ok I will engage a moment…

1) sometimes I live in my world ( when I’m asleep and dreaming.. when I’m alone walking on the beach lost in my own thoughts… or meditating) but mostly I live in THE world, the one where there are laws of science, economics, and guiding principles such as psychology, sociology, ethics and morals… on top of that there are laws of the country and personal value sets.

2) yes, in that world, companies become insolvent (as trinity have in the past) individuals are declared bankrupt… and associated villains are prosecuted for gross negligence and impropriety.

2.a I have never heard of anyone being found guilty of living within their means, either in the world of business or other worldly dealings.

3) securing ownership of the ground as a tangible asset - loans and supporting guarantees are not provided on the basis of a nod of the head. It requires a sound and solid plan, risk analysis and deep scrutiny. As with most property, and land purchases… the long term expectation is that the value of the property will grow whilst, over time, the loan will decrease. Economics1.01

4) finally securing the developer investment (supposedly committed over a decade ago by the cabal of treacherous business leaders and advisors) to build a money earning capability that goes beyond (way beyond) a similar capability of the Rugby League business alone. Asset utilisation and realisation 1.01.

5) It is a board of directors legal responsibility to ensure that the business they are responsible for is viable and well managed… so the first duty of the board is sustainability… then build success using systems and principles that are commensurate with and to laws, rules and ethics.

I posted a piece on, and from within, the Salford club a couple of days ago… their sustainable future is now reliant on increased community investment.. (in a form of Co-operative… if you will) and is destabilised by the lack of a secure tenure for a stadium… an uncertainty which stands stark and clear in their narrative. Should their model break (and their appeal seems to suggest that without further investment, it surely will) they have no asset base, business alternatives or funding streams to fall back on.

As I said I have no axe to grind with anyone else opinions, but when faced with a situation, I try to bring to bear my experience, accumulated knowledge and qualified expertise in drawing a conclusion and forming an opinion…

although from memory, I believe there is a pervading political view in the UK that the population should no longer listen to such people, as we have, apparently, all had enough of experts!

So maybe I should stop listening to this self reflection in my musings!?!?