Surely the club can obtain loans secured against their “Intangible Assets”?

Or are they actually worthless after all ?

Intangible assets are not worthless when clubs are in a position to buy and sell players.

The situation has changed drastically, if you hadn't noticed.

I find it hard to believe the Club have never had any loans before?
We must have really been making good money until now then !
To pay rent and the ground , and players and staff wages . Day to day running costs is good Management on the Sky money ,and sponsorship, and merchandise sales !!

Who's said we haven't had loans in the past? Of course we have, but the situation is different now, no real income streams, sponsors on the brink, Mr Allam probably turning the screw, and we already owe the bank plenty - that's what "making a financial loss" really means.

Going back to the OP, we need players to run the reserves comp, so those not considered good enough for the first team would probably be considered for the reserves.
That said, I wonder if reserve squads will be ditched as part of cost cutting by all clubs. Its going to be very interesting and I feel some will fall by the wayside.

Reserve compy got scrapped yesterday - with future cost cutting i doubt itll be back for a while if ever

Very heartening piece this and in the true spirit of Hull FC https://www.hulldailymail.co.uk/sport/r ... on-4077520

Very heartening piece this and in the true spirit of Hull FC https://www.hulldailymail.co.uk/sport/r ... on-4077520

The business model for rugby league clubs isn’t very sound. Huge money sink holes but little opportunity to earn big money. Relying too much on Sky and on merchandise but with nothing happening those money making opportunities disappear.
Wasn’t Adam posting losses over the last couple of years. A poor case for loans given the circumstances. We should be pressuring the government to give grants to save local attractions.

The same multimillionaire that's about to pay 7 figures for Craven Park? Fair to assume they will be readly buffered against the impact of the virus.

Hudgell isn't worth as much as people seem to think. and the Council have reneged on the sale of CP as far as I know)

They may have reneged but the point being he has this sort of free cash kicking around anyway to easily repurpose to cover wage costs etc, making them much better placed to weather the storm/avoid furloughing and wage cuts etc.