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| I have just been told by a friend of mine that we are expected to join Bradford in administration within the next 2 weeks! Don't know how accurate or reliable this is but it could make sense with the Matty Smith rumour on another thread and the possible release/sale of DJ?
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| i heard this a while back, think we maybe ok till end of season, yet we get luke Adamson saying the future is bright for salford (in the M.E.N) when all these rumors of smith going pattern going DJ going gleeson going and going administration.
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| Hasn't Patten said he'll retire at the end of the season?
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| yes but i mean with all theses players going and having no money how can the future be bright at salford
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| Obviously I hope not but it would be interesting to see if the RFL bent over backwards to help us through it and paid our players wages ETC ETC ETC like Bradford.
Can't see it being allowed to happen by the backers behind the scenes unless there is someone in place to buy in afterwards, we're not going to make the top 8 so going into administration would hardly cripple us in the league and might allow the new owners to start from afresh.
All hear say and conjecture though.
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| Quote ="LEDGE787"I have just been told by a friend of mine that we are expected to join Bradford in administration within the next 2 weeks! Don't know how accurate or reliable this is but it could make sense with the Matty Smith rumour on another thread and the possible release/sale of DJ?'"
Wouldn't suprise me if true, it's obvious we're struggling for cash but all companies are.
But this friend does he/she work for the club, own the club, work for the clubs bank or is it just someone adding 2 and 2 and get 4 1/2?
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| i read it in the rugby weekly magazine a while back that we are really struggling. Hope wilky can get an investor and quick. Theres also a good article about us from Martyn Sadler about why investors should buy salford in the rugby express
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| Quote ="LEDGE787"I have just been told by a friend of mine that we are expected to join Bradford in administration within the next 2 weeks! Don't know how accurate or reliable this is but it could make sense with the Matty Smith rumour on another thread and the possible release/sale of DJ?'"
How many rumours do we want today ?
I heard the other week that Cas are close to total meltdown, also heard London may be packing it all in.
The Bradford situation has caused all sorts of rumours to start flying about.
Until I see it oficcially from the club that we are in Administration and that any of our players are leaving then I will not listen to any of them
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| According to the font of all knowledge the MEN we are linked with Bradford Keith Lulia so I'd find it hard to believe we'd be looking at picking at their bones if we're about to implode ourselves.
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| Rumours, rumours and more rumours
As for Keith Lulia, yes please! If we can't keep hold of Gleeson then he wouldn't be a bad replacement at all!
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| God this board gets more depressing by the day
Hopefully just rumours and speculation. Let's wait and see
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| I could be naively wrong with this, BUT, isnt the money we owe (4 million ish) owed to directors / wilky? Then we could only go into admin if they are asking for their money back. I thought the problem with bradford was that they owed money to creditors (businesses), Tax man who all demanded their money and caused this problem. I thought our 'mess' was just that we were soley relying on Wilky and co. In which case, unless he's in major financial strife, cant see him doing anything to harm the club
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| Heard a rumour today that all rumours are rumours, including this one. Sh[ii[/it the bed, when will it ever end?
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| Quote ="Prestwich Red"I heard the other week that Cas are close to total meltdown'"
Hardly.
New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.
The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.
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| Quote ="Gronk!"Hardly.
New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.
The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.'"
Yeah that's his point, rumours should be taken with a pinch of salt. I can't see us being anywhere near a Bradford situation tbh.
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| Quote ="Gronk!"Hardly.
New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.
The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.'"
See what I mean about rumours
Until it is seen on a official site then ignore them.
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| There's a Rumour that 76% of Statistics are Made Up. In fairly certain 83% of people on this Forum will Agree with me oh
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| I'm surprise this rumour has took so long to get going. With Bradford imploding and the general comments in the press about the state of the games finances, I would have thought this rumour would have popped up on several club message boards ages ago.
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| Hardly.
New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.
The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.'"
So all that in the papers with McGoldrick loaning the club money and taking reduced pay was pie in the sky then?
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| Quote ="Gronk!"Hardly.
[uNew sponsor for next season is a club record[/u, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.
The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.'"
Well done if correct. Which deal is this?
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| The situation at Salford is nowhere near as bad as Bradford. After all, come next season they will simply be playing as Sale City Reds.
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| Quote ="DirkDiggler":3p8872guHardly.
New sponsor for next season is a club record, recruitment is looking good and the only "debt" Cas have is an interest free loan from the owner.
The only thing I can think of is the other week there were rumours of people coming in and making up a new BoD but that all went quiet.'"
IIRC it was deferred wages several years ago when we'd been in NL1. No bearing whatsoever on our current financial situation....which is not so good though.
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| The situation at Salford is not good at all. The club will be lucky to crawl across the line until the end of the season without hitting administration. God only knows what will happen next season. Wigan have really helped Salford by taking Matty Smith in order to clear the debt owed to Daniel Holdsworth. They gave Salford over the odds more as a favour to Salford to get them out of the you know what. Normally, Salford would have perhaps taken a couple of fringe players at Wigan in return, but they couldn’t afford to pay them. Back to Holdsworth, he really wants out for next season. He is targeting a return to Australia and has made certain people over there aware of this fact. The club is in a mess. It has been poorly managed for years as we all know, and it is catching up fast. Those running it day to day, from the top, over the last few years have to take responsibility now. Nobody wants to invest in or buy the club. It’s not as bad as what is happening at Bradford, but it’s pretty bad all the same. This isn’t something that Forever Reds will be able to sort out either. It’s too much for a quick fan bailout, and they don’t have the clout. This needs a serious investor and fast.
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| "This needs a serious investor"
not again, not a thread announcing "someone should"...
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| Quote ="DogPie"Wigan have really helped Salford by taking Matty Smith in order to clear the debt owed to Daniel Holdsworth. They gave Salford over the odds more as a favour to Salford to get them out of the you know what. '"
Erm . . Nowt to do with losing Thomas Leuluai then and having no cover? Paid over the odds to help out Salford? Do me a favour.
Quote ="DogPie" Salford would have perhaps taken a couple of fringe players at Wigan in return, but they couldn’t afford to pay them.'" What's the point of bringing in fringe players from Wigan now with so few games left? Now that would be bad management, especially if money is tight.
Quote ="DogPie" The club is in a mess. It has been poorly managed for years as we all know, and it is catching up fast. Those running it day to day, from the top, over the last few years have to take responsibility now. .'" What does that entail? the directors throwing more money down the toilet at a rugby team in a city that so few have been really ar*ed about in the past 40 years?
Quote ="DogPie"Nobody wants to invest in or buy the club'" And thats all the boards faults again is it? OK surprise, surprise how predictable. It's so easy to whinge but try being open minded and taking your fan or player hat off and see the bigger picture for once. Life doesn't always give you what you want, get over it.
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