Quote: Pepe "The £1million loss was entirely down to spending on infrastructure. If SOC hadn’t done that we probably wouldn’t have made a loss.
We were always going to be in a better position this season, and from then on. Our support would see us being able to better anyone in this league financially. If that was allowed to be fully utilized against our competitors, it would make it very difficult for the other clubs.
I’m not saying that it would guarantee complete domination – team sport doesn’t necessarily work that way, you still need a coach who knows what he’s doing – but we wouldn’t be sitting in 5th place, and I doubt Batley would have won the NRC. The £300k cap has had a massive impact already. It’s made the league far more competitive and lowered the ability of wealthier clubs to bring their financial clout into play. The cap is more realistic in SL and the wealthier clubs still have this advantage over the smaller clubs.
We went into admistration 3-years ago (2007), so would have had no baring at all on the decision to lower the cap.'"
I didnt say that administration did have a bareing on the cap. What I said was you came out in 2007. It doesnt matter where the money is spent for the books its the fact is was spent and posted as a loss (has to come from somewhere). I don't want to get into this side of it as I dont know your accounts other than what I have read on the forum.
The point I was making is that the cap did not come in to rein Widnes back it was brought in to stop clubs overspending and going into administration. No team can use the salary cap as an excuse for their performance as we ALL work to the same capping system which is audited by the RFL.