[url=http://news.bbc.co.uk/sport1/hi/rugby_league/super_league/wakefield/9346763.stmWildcats make new investment plea[/url

I think it highlights how quickly a club can get in to trouble, hopefully ProBiz will continue to pump money in to Cas

Although there are no doubt some that will delight in this news (as would be the case if the roles were reversed) its sad that it has to come to this, lets hope wakey can find the investment they need to stay afloat. It shows how desperate things have become for them to make a statement like this as they've basically ruled themselves out of a franchise now.

Very sad news. Certainly a tall order to raise that sort of money in such a short amount of time.

What happens if they don't raise the money? Will they be able to start the season?

I don't really follow this.

They are giving 24 days for 500 people to spend £1000? That's a big ask in these times.

What do they need the £500,000 for? Is there a bill to pay immediately? Is it a shortfall for this year that they will need to make up? What if they don't make the target? Might they start the season and fold halfway or will they not even be able to start?

Far too many questions and far too little detail coming out.

I think that's what a number of Wakefield fans are wondering too. Certainly I would do all I could to help Cas if we were on the brink of failing, but to find £1k is a tall order for many, and without any information as to why they need the money or even what it'll be used for just sounds like asking people to pour money into a pit of good faith. I don't think I could do that for Cas.

I hope they get the money that they want.

Putting all local rivalries aside i hope they get through this - they are a club with a history and true grass routes, what i can say is i prefer playing wakey at home with the support they bring rather than some expansion clubs who may bring 20 fans if we are very lucky.

Can't help but think if they were an expansion club they would be get a bit more "help" from the RFL than they are

Gutted for them. It does make our application look stronger, but I'd hate to see them go under. The Wakefield and Castleford derby is one of the highlights of the season.

[urlhttp://www.yorkshirepost.co.uk/wakefield-trinity/Troubled-Trinity-in-desperate-need.6682780.jp[/url

read this especially the paragraph re HMCE

Mmm [url=http://www.youtube.com/watch?v=Maz9ddxEQnMThey commeth due to The Welsh Project[/url

RFL or super league loaned Crusaders 700 thousand pounds to be paid back over ten years

Wakey asked for 350 thousand to be paid back in 12 months and were refused !!! Don't get me wrong I am not blaming them for our downfall but between them and how our club as been run for the last few years I would be surprised if we get out of this one

What gets me is why is the one for the drop between us and Wakey? surely if Crusaders have gone in to administration they should be dropped from SL automatically

The same reason why they kept harlequins in when they went into administration, they really are no longer interested in the heartland of the sport. It's all about expansion and keeping these clubs in no matter what!

Whether this proves to be right in the long term we wait to see.

I think the 700 grand was not a loan but monies owed to the rfl by crusaders which is probably made up of league fees and monies given to the club when they started up. After the fiasco of the monies owed i think many more clubs will find it harder in the future to get financial assistance from the rfl.

Under what rule?

I was told it was money given to them for players and coaches and backroom/administration staff. Crusaders actually owed over a million. After 700k a big wedge of the rest of the debt was owed HMRC which i am told they went into administration ro wipe this off and HMRC have basically taken their bat and ball when it comes to using repayment plans for paying tax back so insteading paying back in instalments we have been asked to pay a bill in full. Not sure how true this is but if is there could be other clubs in the firing line.

I meant when the licensing comes around again. Isn't one of the criteria to do with the financial state of the club?

indeed. I expect administration to be a major negative in their licence application. But not necessarily a fatal one.

Similarly, I expect the fact that we're not playing in the new stadium we promised in the 2008 bid to be a weakness in our 2011 bid. But, as long as there's progress in building it and it's likely to be ready for the 2012 season, I certainly don't expect it to be a fatal one.

The last nail i fear

Rodney Walker seems to be keeping a low profile, or does he know something and wants to keep his distance from wakey till it all blows over?

Seems like a waste of his hundred and odd grand lol

After all the polecats gloating over the last 6 months or so I feel we deserve a little chuckle

maybe the same one that went against Widnes last time, or has that been forgotton ???

The one that saw Widnes readmitted to the league they'd been playing in before administration, but with a points deduction? You mean exactly the same as has happened with Crusaders? Or do you mean thatnder that rule, they should have been treated differently to and far harsher than Widnes, outside the scope of the actual rule?


Or do you mean it should be taken into account when their licence application for 2012-14 is considered? [url=http://viewtopic.php?p=15755537#p15755537I not only agree it should, but I expect it will be[/url

Indeed, I fully expect every bid submitted for this April to be judged on its merits. The problem for Trinity is that, looking from outside without obviously knowing the details, the merits of any bid submitted by them seem to be getting fewer and fewer, almost with each passing week.

page 2 of this weeks league weekly - Danny lockwood rips into Ted Richardsons management of the club, it does not make good reading at all

The management of Wakey is and has been appalling for the past 20 years or so. Too many family members involved and not one decent businessman.

Ted Richarson LE today

" So far we have received about 14 cheques"

"We are probably going to have a winding-up hearing in February"