Quote: UllFC "The way Salford City are flying up the league's means they may need a bigger ground than 5k soon and Beckham and the rest have some rich friends so that may help them. One of Rugby Leagues many problems is barely any clubs own the ground. Only Saints and Leeds own modern grounds in SL. Everyone else is renting or have a crumbling wreck. Limits the opportunities to host concerts, weddings and receive bar takings which are important, clubs can't survive with grounds sat empty for many weeks of the year.'"
Saints and Leeds owe tens of millions on their repsective stadiums, they don't own them outright, and isn't Leeds a part owned consortium incl Hethrington.
The investors/financial institutions will rake it back over a long period including profit and the debts be paid, that's the hope, but in the current climate regards money in the sport, or rather lack of it, and with so much money owed, it's certainly a consideration for those investors to be having a bit of a chat regards how things progress to keep the money coming in.
Right now investing for us and other clubs is a hard sell, getting a new stadium is IMO simply not an option as much as we want to rid ourselves of the Allem's ball and chain.