Re: Salford make £5m loss : Fri Nov 07, 2014 3:14 pm
There are degrees of untruth :-a fib, a lie, and then there are statistics.We took on the debt of the old business & had to rebuild most of the infrastructure of the club , Playing squad , Backroom staff, Physio & install a new Gym & use of top range recovery Cyro chambers.
He went through 2 CFO's , and as previously said had to pay off a 2 coaches & a football Manager. the Dr intimated in June 2013 he expected to be 1 million in the red by the end of the 2013 season + the historic debt then the claim stacks up.
The important thing thing isn't the statistic , but how it is used in context.