wakefield need to raise £500,000 before the end of January to secure their immediate future. They are wanting people of Wakefield to buy £1000 worth of shares before the deadline of 31/1/11... is there 500 people willing to buy?

Saw an article on the BBC 606 pages a few days ok, it looks a little bleak> Even if they survive this season, they'll likely not get a franchise

I was told about their plight a few weeks ago by a fellow poster and they are really in the brown and smelly.

Would you risk £1,000 of your money in a mess like this - most clubs have a sugar daddy who supports the club and helps when cash flow is stretched. Unfortunately for Wakey theclub is sugar daddy to the Richardson family that own it.

The question has to be asked where has all the money gone?

Have the board of directors taken a pay cut to help the club's plight?

my mate is related to the youth team coach and he didn't get paid for 6 weeks before xmas

I can well believe that - bet MD got paid though!!

It puts the Bulls begging bowl into a different league.
Presumably Sir Rodders won't help out again.

Those were kinda my thoughts when hearing their appeal :

- Are there 500 Wakey fans with a grand-a-piece to spare straight after Christmas ? (Are there 500 Wakey fans for starters ?

)

- What exactly would throwing a grand in entitle you too ? If Wakefield are that desperate that they're having to sell additional shares, just exactly how much % of ownership of the club would that give you ?

- Would you have faith in the current board and their record ?

- Assuming you stumped up a grand and not everyone else did, I assume you'd lose the wedge the minute the administrators turned up .... ?

- Would you be entitled to anything additional, sponsors lounge, seat etc. for your investment ?

- It is an investment, what sort of projected return club the club offer you ?

I spoke to an Ex Super League & GB coach over xmas. He told me that he's spoken to one of the Wakey directors who had expressed concern that Wakey wouldn't start SL this year.

The recent announcement by Wakey wasn't a surprise

There are several threads on the Wakey board about this and have been all week, the sum total appears to be you give them a grand to save their short term future and get nothing tangible back in return other than a nice warm feeling - its moved on a bit now with a meeting on the 18th to try and establish a proper supporters trust but the feeling earlier in the week among their posters was that they should take administration, drop to the lower leagues and then talk about supporters trusts because who wants to take on the old management debts ?


And the answer from me to the question "Would you do it for Leeds ?" is "No".

I see Wakey folding, and new club forming that is willing to share Castleford's new ground.

Fev.

500 fans at a grand apiece to own 50% of the club or more than likely a slightly minority sharehold 49.9% so that the current owner can carry on the charade that has gone on for years

What new ground?

There is no way I wouldn't let the Richardsons control the destiny of one penny of my money let alone £1000 - let's face it would the current MD get the job if the family didn't own the club?

We now know why Wakey wouldn't consider the groundshare at Glasshoughton.
They needed the £350K from the developer to bail them out & obviously they wouldn't get that if they did that.

Glasshoughton mate.

Why don't you part with £1000 IA?. You've loved playing Messiah to the Wakey lot, feeding them shpeel about how Newmarket is all go despite them not having a pot to wee in, so by contributing £1000 of your money you can continue to be loved by Wakefield fans just how you love it

Maybe Wakie should step aside from SL gracefully. Give them the chance to re-group quicker and come up with a working plan to move forward. Instead of this finger in the air stuff.

What is it about a very small minority of Cas fans whose definition of success seems to be others failure?

I was simply pointing out, albeit with a hint of sarcasm, that Castleford don't yet have a new ground at Glasshoughton so how can you share something that doesn't actually exist and still possibly might never exist? The same applies the other way around too, please don't feel victimised (a role you play well). Serious question?

At this current moment neither Wakefield of Castleford have a SL standard ground to share and it is clear that neither of you will by the start of the 2012 season, if ever! So why would Wakefield opt to share in something that does not exist and will not aid them in their license application and is more likely to lose them their Super League status, than gain them one?

I think both Cas and Wakefield made the correct decisions to go it alone and I genuinely hope GH gets built, I don't have issues at all with Cas building a new ground and retaining their SL status.

Finally, people in Glasshouses (or possibly Glasshoughton) shouldn't throw stones, until you know how big your exposure to HMRC is!!!! Several clubs could be up crap creek without a paddle, even some you would not expect! Wakefield don't have any huge debt, as also I suspect Cas currently don't either, but it could still put the club in a very difficult financial position. It could be worse, some club in SL have huge debts and another £1m or two could put them in some tricky spots!

Now that, my friend, makes proper sense!!

Automatically making it the least likely thing to happen.

I think that is the decision that the fans have effectively been offered and it is up to them to make that call. Newmarket is viable (to run) as a NL1 stadium and as long as they then performed on the field then a return to SL in three years should be very achievable. Newmarket does not rely on SL status as such to finance the construction, but Glasshoughton probably does, but that is also something that puts both of them under-threat when Savils hand their report in to Red Hall!

Wakey will get a franchise next term - lets face it they have got to the final of the Festive Challenge for quite a few seasons now............

Seriously though, one must feel sorry for the way in which the club has been allowed to get into this state - Perhaps Belle Vue is earmarked for a housing development once the club has gone - Don Fox Road, Ken Hirst Avenue, Dave Topliss Terrace...

Doesnt the Red Hall number cruncher who looks at the books when working out the salary cap figures ever comment to the clubs about their financial future and question the clubs about this? I think it would show that Red Hall are being proactive in keeping their flock safe and their own house in order.

Do Wakey have a fans trust? I believe this has helped out in one or three football clubs around the country.

Why should they?

The RFL have more important things to be doing than playing nanny state to incompetent member clubs. If the clubs can't operate as a viable business then they don't deserve to exist on a professional level.

So you are saying they should have kicked Crusaders out..? After all they have been looked after by the RFL. You are judging the club as a whole. Yes we do have an incompitent administration but the fans and the players deserve better than this.