Board index ‹ Super League ‹ Salford City Reds - scarletturkey.com ‹ ADMINISTRATION??

God this board gets more depressing by the day

Hopefully just rumours and speculation. Let's wait and see

I could be naively wrong with this, BUT, isnt the money we owe (4 million ish) owed to directors / wilky? Then we could only go into admin if they are asking for their money back. I thought the problem with bradford was that they owed money to creditors (businesses), Tax man who all demanded their money and caused this problem. I thought our 'mess' was just that we were soley relying on Wilky and co. In which case, unless he's in major financial strife, cant see him doing anything to harm the club

Heard a rumour today that all rumours are rumours, including this one. Shit the bed, when will it ever end?

Prestwich Red wrote:

I heard the other week that Cas are close to total meltdown

Hardly.

New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.

The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.

Gronk! wrote:

Hardly.

New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.

The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.

Yeah that's his point, rumours should be taken with a pinch of salt. I can't see us being anywhere near a Bradford situation tbh.

Gronk! wrote:

Hardly.

New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.

The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.

See what I mean about rumours
Until it is seen on a official site then ignore them.

There's a Rumour that 76% of Statistics are Made Up. In fairly certain 83% of people on this Forum will Agree with me oh

[bewareshadows]

I'm surprise this rumour has took so long to get going. With Bradford imploding and the general comments in the press about the state of the games finances, I would have thought this rumour would have popped up on several club message boards ages ago.

Hardly.

New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.

The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.[/quote]

So all that in the papers with McGoldrick loaning the club money and taking reduced pay was pie in the sky then?

Gronk! wrote:

Hardly.

New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.

The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.

Well done if correct. Which deal is this?