UllFC:The Dentist Wilf:
For anyone who is in doubt about how serious this is
Now SunSport can reveal they are said to owe payday loan firms a staggering £1.1 million, with £900,000 alone to Oldham-based WeDo Finance.
On top of that, HMRC are £500,000 short – which is most likely to see action – and the Rugby Football League a similar sum.
Then there are operating costs as well, pushing the total to somewhere between £2.5 million and £3 million.
SunSport has learned two parties are interested in Salford, NRL side Sydney Roosters and one UK-based group.
A payday loan firm ??????????????? nightmare!
Will an investor want to pay off £3m of debts when Salford aren't safe on IMG points?? You could buy the club then find the spreadsheet table has swapped you for Toulouse anyway
Probably why the roosters will only invest if NRL Europe is set up, the safety of no relegation will provide stability for investment