: Tue Oct 20, 2009 9:46 pm
oh dear
Posts: 124
Rumpole signing off
« on: Today at 07:22:36 PM » Quote
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Dear Thunder fans and friends,
Today has seen the departure of our coach due to the uncertainty surrounding the future of Thunder with the present benefactor. This departure was for the right reasons and I for one wish Steve a happy future. There was a planned meeting on Friday that Steve was to attend as there was some hope that the club could go forward with the RFL's approval. Rod indicated that such approval could take many weeks and having regard to that fact Steve left the club to pursue his chosen career elsewhere.
At the meeting of the shareholders the other week when Jenson Button Ltd and Arion decided not to honour their commitment to the club and failed to pay over the 120k we had been waiting for for the past 18 months or so. I as everyone knows have been funding the club during that time with only one month this season that did not require a substantial input to pay staff and players wages. Clearly without any assistance this situation can not continue. I was and are only a 20% shareholder in this business with a debt to me of many thousands.
I have decided that I cannot continue funding this club and have therefore withdrawn any financial assistance to it. It would take many weeks to reform and set up a new company that would still require a high level of funding. If anyone wants to take up the Thunder baton and move it on with a new company then they have my complete blessing. Perhaps the thunder storm might link up with others to move the name on.
We have made some great friends in the North East over these past 5 years and we wish you all the best for the future.
Regards
Rumpole
