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| If I were a Salford fan two things would worry me. Firstly the incessant use of the word I when talking about choosing and signing players.
Secondly, and much more importantly, the fact that marwan has "loaned" the club money. He hasn't spent his money on the club, or even invested it in the club, but loaned it to the club. So what happens when he demands that The loan is repaid???
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Yeah, it would have been much better if Paxo had done the interview.
Seriously I think Marwan should now draw well back and let Sheens, Vickers, Harris do the talking.
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Yeah, it would have been much better if Paxo had done the interview.
Seriously I think Marwan should now draw well back and let Sheens, Vickers, Harris do the talking.
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| Quote ="jools" He hasn't spent his money on the club, or even invested it in the club, but loaned it to the club. So what happens when he demands that The loan is repaid???'"
THIS is the most important factor. The club are 100% reliant on him for EVERYTHING and as a London Broncos fan, I promise you, that will not end well!
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| Quote ="Jim Pooley"THIS is the most important factor. The club are 100% reliant on him for EVERYTHING and as a London Broncos fan, I promise you, that will not end well!'"
I 'm sure this would apply to almost every professional club in British rugby league. If Owners/Directors in the sport withdrew their financial support in terms of loans, sponsorship and guarantee's these clubs would fail quickly without a new benefactor. SL teams should all be financially sustainable with the TV revenue, but wealthy owners will always find it too difficult to resist the temptation of using their own money/financial support in the quest for their teams improvement or glory.
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| Does anyone know if Harri's contract does expire at the end of this season? If the club don't keep him on I'd say that Sheens might advise the Doc to look at Geoff Toovey now it's been decided Manly won't be retaining him for next season.
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| Quote ="Michigan red"Does anyone know if Harri's contract does expire at the end of this season? If the club don't keep him on I'd say that Sheens might advise the Doc to look at Geoff Toovey now it's been decided Manly won't be retaining him for next season.'"
In my opinion the Doc and Sheen's should sit down and review his position at the end of the season. There are at least 12 games to play and I would like to see how well he can do with hopefully more players to select from over a prolonged period.
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| Quote ="theredshed"I 'm sure this would apply to almost every professional club in British rugby league. If Owners/Directors in the sport withdrew their financial support in terms of loans, sponsorship and guarantee's these clubs would fail quickly without a new benefactor. SL teams should all be financially sustainable with the TV revenue, but wealthy owners will always find it too difficult to resist the temptation of using their own money/financial support in the quest for their teams improvement or glory.'"
I don't agree it would apply in quite the same way. Yes you are correct if owners withdrew support many would struggle - my own being one. But as far as I'm aware Davy spends his money - it isn't LOANED.
If Marwan was to decide to chuck in the towel and demand his cash back - that leaves Salford in a worse position they were in previously!
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| Quote ="theredshed"In my opinion the Doc and Sheen's should sit down and review his position at the end of the season. There are at least 12 games to play and I would like to see how well he can do with hopefully more players to select from over a prolonged period.'"
I can see the logic in that, the issue would be that if who is brought in decides significant squad changes are required the options open to him become fewer the longer we wait.
I can only hope that Sheens has already done some of the spade work on NRL based players and that decisions are made when he arrives.
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| Quote ="jools"I don't agree it would apply in quite the same way. Yes you are correct if owners withdrew support many would struggle - my own being one. But as far as I'm aware Davy spends his money - it isn't LOANED.
If Marwan was to decide to chuck in the towel and demand his cash back - that leaves Salford in a worse position they were in previously!'"
I didn't say every club Jools did I? Some clubs will obviously be more financially reliant on their benefactors than others. As you say about Huddersfield, they would struggle to maintain their current status without a new benefactor, should Ken Davy decide in the future to walk away from the club.
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| Quote ="jools"I don't agree it would apply in quite the same way. Yes you are correct if owners withdrew support many would struggle - my own being one. But as far as I'm aware Davy spends his money - it isn't LOANED.
If Marwan was to decide to chuck in the towel and demand his cash back - that leaves Salford in a worse position they were in previously!'"
Of course its loaned jools. Ken Davy, Calvert at Cas, Eamonn, O`Connor, maybe Moran as well put money as Directors Loans. Whether they ever take them back (Calvert did) depends on the cicumstances.
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| Quote ="Early Bath"Of course its loaned jools. Ken Davy, Calvert at Cas, Eamonn, O`Connor, maybe Moran as well put money as Directors Loans. Whether they ever take them back (Calvert did) depends on the cicumstances.'"
Perfectly correct EB. At the moment, if Dr K walked he'd get nothing back as all the money injected has gone on running the business and paying off the previous company debt. From the last accounts I think the Cash at Bank figure was just a few thousand!
IFIRC all the money that Wilky put in was done as loans to be repaid to his pension fund which of course never happened.
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| Quote ="BartonFlyer"Perfectly correct EB. At the moment, if Dr K walked he'd get nothing back as all the money injected has gone on running the business and paying off the previous company debt. From the last accounts I think the Cash at Bank figure was just a few thousand!
IFIRC all the money that Wilky put in was done as loans to be repaid to his pension fund which of course never happened.'"
Yes I don't think any benefactors in RL realistically expect to see their money again. It's just a very expensive hobby.
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| Quote ="theredshed"Yes I don't think any benefactors in RL realistically expect to see their money again.'"
I lent Steve Simms 50p once in Greggs, does that mean I can write it off
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