https://find-and-update.company-informa ... download=0 Last years accounts just released tonight. Finances look a complete disaster !!!!!!

https://find-and-update.company-informa ... download=0 Last years accounts just released tonight. Finances look a complete disaster !!!!!!

Summary:

Loss for the year c650k
Cash erosion c400k
New borrowing c500k
Technically insolvent
Cash run rate <12m
Liquidity ratio c0.44 (excluding accrued income)

Note that Tax creditor has jumped significantly which could indicate entering into a TTP arrangement with HMRC

Can we get rid of these boring rovers pricks? They literally add nothing and are only here to wind up and antagonise, if we dared to do this on their secret little cult forum we'd be banned.

If I spent my life the way these guys do, day in day out on a forum of a team they claim to hate, then I would be genuinely embarrassed with myself. Having nothing else in life but to troll on a rugby forum is a very sad life to lead.

Well I can't imagine they have a job or anything so I guess it must be a way to fill their boredom between collecting dole.

Been using the Foe function on here recently. First time in years on this forum.

My list is getting ever longer

Thanks for the IGNORE button rlfans

Does anyone know what the rules are with the salary cap these days? Like if you say paid a player £50k to leave now, does that £50k then become free on the cap? I.e. is it just wages to date that count or full wages for the full season?

I don't know but seriously doubt there's cash to pay off players and bring many new ones in.

Gunna need to sign some players

As this team is a disgrace and in serious danger of taking us down

Creditors of £5m. Maybe administration and reboot is the way forward, in a lower division obviously.

And new ownership.

Can't see it personally.

Only a diehard fan would buy any SL team right now, only Wakefield turned a profit last year and that's through operating on a shoestring and look at how that is now going...

Then SKY could send the game back to part-time with a click of their fingers with the new TV deal. You'd buy a team as a plaything if you have money to burn and that's all.

If the debt is as bad as people say then losing our SL spot would end the club, no doubt so this isnt an option in all reality. I mean I dont get why you would think that is.

The trouble is one minute Pearson says one thing then in the next he is saying tbe opposite. I have heard he has turned down investment.