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| Quote ="FearTheVee"It was good to write off the debts, but then again - it's not like you could repay him anyway so I'm not sure he was giving much up. . . . .'"
It meant the club survived. If he wanted even a percentage paying back we wouldn't have survived. Simple really.
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| Quote ="LeedsLurch"Whatever way you look at it, it was £2m. Not being able to get repaid and writing it off are 2 different things entirely. He could of issued a winding up order against them to recoup some of it if he had wanted to.
A massive show of generosity'"
Don't get me wrong it's brilliant he put in £2m and I applaud him for it. I just don't think he was ever going to get anything back - write off or no write off.
We need more people willing to put big money into clubs, but not as much as we need a commercial platform to help clubs exist without them.
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| Quote ="FearTheVee"Don't get me wrong it's brilliant he put in £2m and I applaud him for it. I just don't think he was ever going to get anything back - write off or no write off.
We need more people willing to put big money into clubs, but not as much as we need a commercial platform to help clubs exist without them.'"
Of course he would of got some of his money back. Had he chosen to go down the route of obtaining a winding up order, the administrator would have the right to sell all of the company's assets in order to repay it`s creditors.
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| Quote ="homme vaste"Of course he would of got some of his money back. Had he chosen to go down the route of obtaining a winding up order, the administrator would have the right to sell all of the company's assets in order to repay it`s creditors.'"
I don't know what assets Salford actually have other than players contracts. There must be some but no idea what the value is. If he had placed a winding up order on them he could reasonably expect to get 20 - 50p in the £1 back. That equates to £400k - £1m back. I think it is really incredulous that Salford fans dont appreciate what he has done for the club. I doubt they would even be here without him
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| Quote ="LeedsLurch"I don't know what assets Salford actually have other than players contracts. There must be some but no idea what the value is. If he had placed a winding up order on them he could reasonably expect to get 20 - 50p in the £1 back. That equates to £400k - £1m back. I think it is really incredulous that Salford fans dont appreciate what he has done for the club. I doubt they would even be here without him'"
With there squad at the time he left, I think they would have covered a lot just from fees involved from players. To put it into perspective in a similar situation Saints paid 50k to Wakefield for Kyle Amor who was an okay but not brilliant player at the time, and Hull FC paid us 30k for Sam Obst.
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| Quote ="LeedsLurch"I don't know what assets Salford actually have other than players contracts. There must be some but no idea what the value is. If he had placed a winding up order on them he could reasonably expect to get 20 - 50p in the £1 back. That equates to £400k - £1m back. I think it is really incredulous that Salford fans dont appreciate what he has done for the club. I doubt they would even be here without him'"
He can't place a winding up order - the Court does that. And if they did the contracts would be void anyway so you couldn't sell them and he'd get nothing.
You might be talking about him asppointing Administrators as a secured creditor to realise assets for his benefit but there is zero chance he's get £1m back from doing that.
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| Quote ="FearTheVee"He can't place a winding up order - the Court does that. And if they did the contracts would be void anyway so you couldn't sell them and he'd get nothing.
You might be talking about him asppointing Administrators as a secured creditor to realise assets for his benefit but there is zero chance he's get £1m back from doing that.'"
He can apply for a winding up order, which wouldn't be refused. The court would then appoint an administator
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| Christ!
This is about the game on Saturday. I think Salford's financial situation and Koukash has been discussed ad infinitum the last five years. Shall we give it a break?
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| Thread derailed somewhat without even a whiff of garlic or a "legendary" Netball player.
3 days and counting.... wonder how long it'll be before any nerves kick in.
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| First try is big on Saturday - Salford get it and I can genuinely see another Saints wobble coming
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| Quote ="FearTheVee"First try is big on Saturday - Salford get it and I can genuinely see another Saints wobble coming
'"
I'm happy that this group of players will never give in, and I'm certain that they'll not give in this time either, especially being the occasion it is. I just hope that it'll be a good game, and barring that, a game not decided by a dodgy decision or call. Just look at the NRL GF. More people talking about the dodgy call than the game.
Heart says Salford, head says Saints.
As a Salford fan I'll be disappointed if we lose, but not overly so. The ride this season has been incredible, and we'll at least say that we were beaten by the deserved best team in the league.
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| Anyway when are the squad announcements due?
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| Quote ="bewareshadows"Anyway when are the squad announcements due?'"
Usually no longer than 48 hours before KO that the squads are submitted to the RFL....
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| Hope Salford wallop that arrogant scousers..just to see a certain bunch visit our site who have really shown there selves how arrogant they really are..but can't see it...one bet if hills Ladbrokes etc is a certainty..saints will win the penalty count...again
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| Quote ="sir adrian morley"Hope Salford wallop that arrogant scousers..just to see a certain bunch visit our site who have really shown there selves how arrogant they really are..but can't see it...one bet if hills Ladbrokes etc is a certainty..saints will win the penalty count...again'"
St Helens?? Scousers??? hahaha...now that's funny.
Biggest wools going you clown.
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| Quote ="sir adrian morley"Hope Salford wallop that arrogant scousers..just to see a certain bunch visit our site who have really shown there selves how arrogant they really are..but can't see it...one bet if hills Ladbrokes etc is a certainty..saints will win the penalty count...again'"
I see it has taken a Warrington fan to throw some vitriolic sentences together, into what has otherwise been a respectful debate between saints and Salford fans, plus others.
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| Looks like we may get a dry final. Good news if you are on the front rows.
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| Looks like tickets are selling really well, from both sides. Will be a great atmosphere I think.
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| Quote ="TheButcher"Looks like tickets are selling really well, from both sides. Will be a great atmosphere I think.'"
Hopefully a sea of red (and white)
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| IMO if Salford can manage the first 15-20 minutes and not get blown away by a strong starting Saints side then there really will be a match on. If Saints get on a roll early there could be a blow out scoreline.
I'm hoping for a proper old fashioned ding dong battle
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| I can't see a blow out.
Finals rarely have heavy scores on one side or another
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| Quote ="LeedsLurch"IMO if Salford can manage the first 15-20 minutes and not get blown away by a strong starting Saints side then there really will be a match on. If Saints get on a roll early there could be a blow out scoreline.
I'm hoping for a proper old fashioned ding dong battle'"
This is how I see it as well. If Saints score early on then they’ll win comfortably enough with a 2 to 3 try margin. If Salford get through the early stages without conceding, or score early on themselves, then it’ll go down to the latter stages. I think Saints should be too good for Salford and I think the step up in quality from playing a pretty dreadful Wigan side to a very good Saints side will be too much. Saints by 10. Would be great if we see a higher attendance than last year and hopefully a couple thousand of the Salford part timers turn up more regularly next year. I think it could be just the final Super League needs.
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| When Saints first met us back in February at the AJBell they were comfortable winners, beating us by 22. When we played them again at their place, a conversion in the last minute gave them the victory. Apart from London, I think we are the only other side to put thirty or more points on Saints, and the only side to do it at the totally wicked stadium. Open to corrections if my memory doesn't serve me right.
While I realise that previous form and indeed the rest of the season up until this point count for very little, I think that there will be no fear from Salfords point of view, and no complacency from Saints point of view. Hopefully making for a great game.
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| What is going for the Saints side is that this week the spotlight has firmly been placed on Salford. Saints havent even been mentioned that much, in most articles they get 1 or 2 lines at the end after how wonderful it is for Salford to even be there.
The pressure of being favorites has very much been downplayed
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| I would love an upset obviously. But think this will be game too far for Salford, I think they will be in the game but Saints will pull away in the 25-30 Mins.
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