Quote ="Early Bath"Cant be done can it? Bank Account is frozen. Maybe any new Company should honour the 5 year ticket holders as a one off goodwill gesture. What about the Box Holders who paid up front? Similar situation maybe. Its not JAWs liability though.
Johns gesture of converting loans to Equity though is indeed magnanimous and maybe the Council could be persuaded to take shares/loan stock too which would have a big effect on the Company`s solvency and maybe then the Bank account could be unfrozen.
`Inevitably pulled`. Thats not necessarily so just yet is it? Over 2 weeks to the Hearing & I would be surprised if the parties didn't come to a compromise and Repayment Plan for monies they would have NO hope of collecting if the Company goes into Admin etc.'"
I really do admire you defence of your hero,he is not mine,as you already know EB. The council, in my opinion,would of passed this money over to the club if it had not leaked into the press and the Salford public had not got wind of it.So do you not think that the same people will not complain if they are told that they are now going to have to stump up some more money to buy shares in the club.The mayor as said i believe that the council can no longer help Salford money wise any more.Which i agree with ,why should Salford folk bail out a failing private company.Admin,c.v.a,do we need anymore of this digging up who`s done what and whos had this and so on.Lets bite the bullet,accept what we have not got ,get organised as a group of supporters and have a go at getting our club back on its feet and playing again,against who,I DON`T CARE,as long as they play in red and are known as Salford RFL.Where there is hope,there is always a tomorrow,where there is sorrow there will be no tomorrow.