I get your drift!!

You have forgot to add that both WTW and Bulls have lost credit from local business and trust from once loyal supporters - two factors that won't be coming back any time soon. The damage done by previous regimes wiping hundreds of thousands of pounds worth of debt (to the local economy) is irrepairable.

I know this is something the Cas fans latch on to a lot but I have never seen a number to say how much debt was written off. Clearly some was but how much I don't know.
Things change, if you feel you will get benefit from going round again, you'll do it. You might just plan adifferent payment scheme if you do.

I think of this comes down to how you deal with it rathr than the fact that its happened (if that makes sense)!!
Most people, be that supporters or potential investors/sponsors/partners etc can differentiate between whos stiffed who d who is sorting out and the methodology.
I think our stock is actually being fairly well represented by the way MC has gone about his job.
Others may of course differ, but i think we've done it tough; and that is worth something.

Again typical Cas fan nonsense regularly peddled on the nut job forum.

As far as I'm aware WTRLFC have only ever been in Administration once. They may have been at some point in the 80's but the business was so small then the loss of a Chip shop would have been more devastating.

The CVA after the Pearman atrocity led to most creditors getting most of there cash back. The only company to seriously lose out were the outfit that built the boxes, this was if my memory serves me right was because Pearman and not the club made the purchase.

Ted was an habitual late payer which upset many but most businesses did just fine out of him for 14 years (including the CVA).

Now I'm not defending the way the club has been run in the last 20 or probably hundred years - it's been pee poor - however that doesn't justify Cas fans vastly over egging the pudding - give it a rest and get off you high horse.

Several administrations lead to many business’s (mostly local) not getting paid what they are owed. Credit rate is then zero and COD is the order of the day for anyone still wanting to trade. Getting the trust back from these local businesses can take decades.
The RFL (rightfully) wouldn’t allow WTW to go down the admin’ route again for this very reason.
If you follow the thread Vasty we are talking about WTW and Bulls – not just WTW.

Yes I know, but in our case despite popular belief it ONE administration. Bad though that is it's not the THREE that has become legend on the nut job forum.

Finally I think you are being hugely naive if you think most businesses who trade with RL clubs don't see them as a huge risk. They tend to consider them a a civic duty rather than a business opportunity and that includes Cas. I doubt any company has ever gone bust as a result of WTRLC or any other club as no sane business man would leave themselves so exposed.

That's not excusing it and I'd hoped by 2013 we'd all be over that.

Finally Finally if Castlefords creditors all called in what was owed them and demanded the payments they are probably well overdue Cas would go pop in 24 hours. Thankfully for you Futon stands as guarantor and unlike Glover you never totally take the mick.

Brilliant post. Couldn't agree more.

Vasty is quite capable of defending himself so I am not jumping to his aid but he is right on this one.
The number of admins and the companies that have gone under or not been paid by our hands is grossly exaggerated for effect on there.

I would like to know the real numbers but that's not public knowledge as far as I know. Glover said he cleared a lot but we now don't know how much of that is true.

Going back to KinleyCat's post on the first page.
Wasn't Agent XIII praising how well Bradford were handling their supposed financial worries, no negativity, everything is fine.
If it was up to your man, what is happening to the Bulls, would be happening to us right now also.
MC grasped the nettle, made some very tough and at the time, unpopular decisions early doors but this has proved to be the difference between being able to assemble a side with time on your side, or being left a little in the lurch like the Bulls.
Bradford maybe hard pushed to get the true value or a decent price for any of the players they are possibly looking to sell, by delaying their financial position.

I miss agent xIIII

What are you saying? Don't encourage him back. It's much nicer round here at the moment

I pretty much didn't agree with anything he said. And I thought he had a personal vendetta. But I enjoyed his views. And nobody has a monopoly on good ideas

Apart from the guy who came up with the idea for the game Monopoly

the poster will be back under another disguise beware

www.thetelegraphandargus.co.uk/s ... al_action/ Who to believe?

www.thetelegraphandargus.co.uk/s ... al_action/ Who to believe?

So if he wants his money back, could that bankrupt the club?

I do have the utmost sympathy for the fans, but if OK wants his money back and it weakens the Bulls, then tough, we've been through it, my main concern is watching a financially viable Trinity playing in SL. Simple.

Hope the dr never wants his money back from Salford

If he does, he does. Cross that bridge when it comes. Same as with any other club with a benefactor. Sure he must have plans that are wider than Salford, or why get involved.

Best of luck to the Bulls, we've been through it too many times recently and it seems they're joining us as well.

I feel sorry for Bradford fans - their recent history is very similar to ours - but if they have to sell or release players to match their new budget, so be it; that's no different to what we've had to do, and it will make the bottom half of the table more competitive in what is a crucial season results-wise.

As for the vulture comments - I really don't see it that way; there was no outpouring of sympathy when we sold a slew of players and we did well out of that - hopefully Bradford can do the same.

As many have muted, their in a worse position then us. They're trying to shred players and wages when most teams budget has already been spent. I can't imagine there will be much interest in their players which will prove problematic.

How can people say its fine if he wants his money back? What if AG decided to take his money back out?! hasn't he still got about 600k invested?