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| I’m stunned how they can afford to go to Portugal.
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| [quote="Wires71":2w3q2phr]I blame them for making signings they cannot afford and persistently going cap in hand to Salford City council for tax payers money.[/quote:2w3q2phr]
Indeed, but "blame" is a peculiar word in the sense of how I used it as I think that their pre Season arrangements probably involved a bit of 'cloak and dagger' to protect the Club and the potential takeover by giving the appearance of business as usual. I think they actually stated that some of the financials were based on ongoing unsecured income.
It's well documented that they have been trying to get more income from the Stadium deal and would suggest that dealing with a local authority might not have gone as smoothly and quickly as the Club would have wanted due diligence, democracy and all that allied with their poor track record and a complex situation with redevelopment proposals for the stadium hinterland. They should have known this I'd suspect they have regulars at Swinton Town Hall
The compulsion is not for the Club to turn themselves in, but for the governing body to do their due diligence, they should've been taken to task at the time as we've all agreed and if they have been found to have misrepresented accounts then future sanctions and consequences wouldn't be unreasonable.
Having said all that, given the timing I hope it all works out and we can get on with the rugby.
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| [quote="Uncle Rico":1nopqbpe]Indeed, but "blame" is a peculiar word in the sense of how I used it as I think that their pre Season arrangements probably involved a bit of 'cloak and dagger' to protect the Club and the potential takeover by giving the appearance of business as usual. I think they actually stated that some of the financials were based on ongoing unsecured income.
It's well documented that they have been trying to get more income from the Stadium deal and would suggest that dealing with a local authority might not have gone as smoothly and quickly as the Club would have wanted due diligence, democracy and all that allied with their poor track record and a complex situation with redevelopment proposals for the stadium hinterland. They should have known this I'd suspect they have regulars at Swinton Town Hall
The compulsion is not for the Club to turn themselves in, but for the governing body to do their due diligence, they should've been taken to task at the time as we've all agreed and if they have been found to have misrepresented accounts then future sanctions and consequences wouldn't be unreasonable.
Having said all that, given the timing I hope it all works out and we can get on with the rugby.[/quote:1nopqbpe]
I agree.
There are 16 working days to their first fixture against St Helens and Salford have not registered their players for the sustainability cap. The RFL appears to be sitting on it's hands. This is a very poor state of affairs. The only positive from it is that it has highlighted the IMG grading method as a farce.
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| [quote="Wires71":1gv90old] The only positive from it is that it has highlighted the IMG grading method as a farce.[/quote:1gv90old]
But is it?
Didn’t IMG had a much tougher grading?
So much so you could probably count the SL teams on 2 fingers, and most certainly one hand, which would make an A grade.
Wasn’t IMG pressured into watering down the strict formula from the RFL and self interest of the SL clubs?
So do we point the finger at IMG or the RFL?
IMG aren’t completely independent, when it’s the RFL that’s paying them.
In IMG’s credit, even the cooler version of what was initially touted, has seen a reaction from SL clubs to drive up their standards.
Salford seem an enigma to it.
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| [quote="rubber duckie":1tr7gkz7]But is it?
Didn’t IMG had a much tougher grading?
So much so you could probably count the SL teams on 2 fingers, and most certainly one hand, which would make an A grade.
Wasn’t IMG pressured into watering down the strict formula from the RFL and self interest of the SL clubs?
So do we point the finger at IMG or the RFL?
IMG aren’t completely independent, when it’s the RFL that’s paying them.
In IMG’s credit, even the cooler version of what was initially touted, has seen a reaction from SL clubs to drive up their standards.
Salford seem an enigma to it.[/quote:1tr7gkz7]
I said the IMG grading method. If it's grading clubs on the brink of bankruptcy as a 'B' then it's not fit for purpose.
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| [quote="Wires71":2b4s7uh2]I said the IMG grading method. If it's grading clubs on the brink of bankruptcy as a 'B' then it's not fit for purpose.[/quote:2b4s7uh2]
Fare doos.
I misunderstood.
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