Something that has been bugging me for a few days.

If you say you have ploughed quite a lot of your own money into the club, why being a accountant and probably the only accountant on the board why didn't you ever request to see the books before we got into this mess. I know you have seen them recently but if I was putting money into a club I would want to see the finances? Especially being an accountant it would be the logical thing to do?


This does not add up and I want to him to answer.

Accountant or not its a good job he did. Investing into a sports club is never a logical thing to do. People do it because they want to.

The only thing I don't understand is Tim was sold to pay the wage bill for August, was any money left over.
I remember when Danny B was sold to Shudds for a SUBSTANTIAL FEE, we got £30,000. Not that substantial.Tim must have been worth at least £80,000
Either our wage bill is well over the top or we only got enough to cover the wage bill and got a sad amount for Tim

You are missing the point why didn't Mr Carter check the books before now? Accountant on the board someone who has invested money surely I would be checking the books making sure everything added up months ago!

I can understand why you are thinking these things, similar thoughts have also crossed my mind. He could have asked these questions and he could have been answererd in lies, who knows ?

However the guy is working his socks off trying to pull things around. I am happy for him to do that. Give the bloke a chance he must be very busy right now and let him concentrate on the future and leave the past behind.

Am not sure on our present wage bill but many think its around £1.2M . That's an handy figure because it suggests we need to find around £100K per month to pay the players. To me that indicates we got around £100K for Tim Smith so If am not to far out with my estimates then that seems a reasonable deal to me.

If the transfer fee has also paid the staff wages as well as the players then I would say its a shrewd bit of business.

Read a salford paper online and they said roughly 90K was spent to buy Timmy

The story I heard for Smiths transfer fee, and i've no idea if correct, was 150K based on 100K up front and a possilbe extra 50K if it leads to Salford winning some silverware.

So it will be 100K.

If so it certainly will give us something to cheer about whilst Trinity atempt to stave of relegation next year.

Thanks for that Jack in the box that sounds about right to me. 100k a month, bloody hell. On that estimate the club will require 500k during the closed season , it starts to stack up.
I estimate about 3,000 people attend matches above ST sales so that about £66,000per game. If its 4,000 that would be £88,000, either way not enough to pay the wages and not including everyday costs.

Thats what I heard.

As I understand it we make about 70k on a good day and as low as 10k on a bad day.
Shows why having the three big home games at the end of the season can make a difference.
A big crowd at the Cas game is essential

[urlhttp://www.yorkshirepost.co.uk/sport/rugby-league/wakefield-trinity/wakefield-are-facing-clearout-to-survive-at-the-top-1-6007316[/url

[code“I have to stick my hand up,” said the 44-year-old, who hails from Hull.

“I was involved a year ago so it’s partly my fault. I was a shareholder and I should have been asking the same questions.

“I did the accounts up until last November and then stepped aside. We brought somebody in to do them and it went badly wrong."[/code

Hopefully that answers your question.

It was much lower than that against Catalans apparently.

Doesn't that beg more questions though? Is he saying that there wasn't a problem until November? If that's the case does this mean that the defecit has been run up in 8 months? Who became responsible from November and what was their experience? What, if anything, has happened to that person(s)? That's just on the face of it too.

The article also makes it abundantly clear that Elston will not be given his (well deserved) marching orders - stating that his "vast knowledge of rugby league" will be essential to the "new leaders". Oh yes. Just how bad do you have to be at your job at WTW to get sacked?
IMHO Carter comes across as a bit shifty in that article, side-stepping any respeosibility about the accounts which he signed off on until recently. And all this "do you want a club or not"...."it's all on your own heads now"... is a bit much, having heard it so often (and so recently) in the past. What on earth has he done up to this point that is worthy of the supporters trust?

You don't have to trust him to know more people paying more money will help us out.
He isn't explaining quantum physics here.

We don't have enough money for what we have. If we want this level, we need to find the money. if we are happy with lower level, then we don't need as much.

Sorry, but you're dead wrong. "More people paying more money" will help us out will it? Now forgive me, but I am lead to believe that we have had a dramatic increase in attendees at games this year (which equates to "more people paying more money"icon_wink.gif and yet we are deeper in the than anyone of us would have believed. It's ALL about trust at this stage, and Mr Carter he has done nothing to even explain where any money raised is going.

Elston still being at the club probably has more to do with avoiding another costly legal battle rather than anything else. He also has a 5% stake in the club (gifted or not?).

More people paying less money more like.

In the absence of a sugar daddy its up to the supporters to back the club. If they don't the message is simple.

Removing a director as an officer of the company is not the same as taking away his shareholding. He will be employed under a directors service contract. Company members can remove a director at any time by ordinary resolution. This does not always have to cost the company a great deal, generally only where the director has been granted a service contract in excess of 5 years (in which case Mr Carter et al would have had to vote to allow this, so its their own stupid fault for allowing it).
I would suggest getting rid of him would have a positive effect on the business (new broom and all that) and also send a message to creditors, suppliers and prospective sponsors that WTW will not be run like a market stall any longer. Al has already made reference to the fact that people he has spoken to will not invest as long as Mr Elston is in the employ of WTW.

Anybody bring me one major investor that would invest if je wasn't there?? Because I've had nobody approach me with that

He said supplier/sponsor not investor.

a question for daddy cool .are we definetly staying in superleague next year?