I'm not privvy to more information about the club's business than any other normal supporter. In my opinion, when a business loses income streams it needs to diversify / reduce spending to survive. This would be very painful for a rugby league club as it is impossible to diversify and reduced spending will almost certainly result in reduced performance resulting in further reductions in income. It's a downward spiral. The only way to halt the demise is for a rich person / group of people to begin backing the club (eg what is happening across the river). I am not a rich person but love the club enough to donate say £20/30 per month. I wonder how many of the faithful would be able / willing to do the same and how such an enterprise could be organised / regulated?

Fair enough. For me however, it wouldn't be a financially motivated transaction, more a case of a charitable donation to a cause I care about passionately. If a share offer was acceptable to the board and the opportunity for dividends tempted more to invest then it would of course be a good option. Any individual could refuse a dividend payout and leave the money in the club (or reinvest it) if they so wished.

Wouldn't be a purchase for dividend, and being honest would not expect give the state of RL as a game they would ever generate one.

It would be about owning a microscopic part of the club that has been in the blood of my family for generations; wouldn't expect any returns, voting rights, whatever. Just to be a shareholder - even a single share - would be enough.

There must be a method of contributing that's attractive to supporters and acceptable to the club. As Chris 71 says, if 3000 signed up at £10 / 20 each per month that would be a significant income stream for the club.