Re: Latest financial situation - all posts here : Fri Jun 15, 2012 10:18 am
Blotto wrote: This could be the latest reason but it doesn't explain it that well http://www.bbc.co.uk/sport/0/rugby-league/18455849 He claimed on Look North that no one individual is interested in putting in the full amount necessary to fill the black hole, but that there are some investors who are willing to contribute a sum towards that. However they will only do that if the club convinces them that they have raised enough money in total to pay off the debts and a bit more. The impression was that the club is struggling to find the last few hundred thousand. Not clear how such a solution would be reflected in the shareholdings, whether it would still mean administration or not. |
Blotto wrote: This could be the latest reason but it doesn't explain it that well http://www.bbc.co.uk/sport/0/rugby-league/18455849 He claimed on Look North that no one individual is interested in putting in the full amount necessary to fill the black hole, but that there are some investors who are willing to contribute a sum towards that. However they will only do that if the club convinces them that they have raised enough money in total to pay off the debts and a bit more. The impression was that the club is struggling to find the last few hundred thousand. Not clear how such a solution would be reflected in the shareholdings, whether it would still mean administration or not. |
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