Not that close if you swear to god

Leeches the lot of them bugger off Ted and dont even come back to watch a match you are not wanted

I think in comparison the ammount of debt will be very low. Its all a bit of guess work but from the sahreholders meeting and from the reports in the press re Rodders it looks like we owe the tax man about £ 300,000 ( winding up petition to be heard on Wednesday I think, hence the need to apply for administration on Monday ), it is reported we owe Rodders about £ 160,000 ( monies he loaned so the club could pay the last winding up petition ) we owe the bank about £ 100,000 ( I think Ted confirmed at the shareholders meeting that he is the guarantor for this loan, so the overdraft will likely be secured against his house ) and someone on top table at the shareholders meeting confimed that the ` trade creditors ` ammounted to about £ 100,000. So I think the total debt will be somewhere in the region of £ 600,000 to £ 700,000. This of course is a huge ammount of money if like now we do not have the proverbial pot ( that said it is only the tax man that is due now, hence the plea for £ 500 people to give £ 1,000.00 ). Crusaders went down for £ 2.2 million from two years trading. The good news, if you can call it that, is that we do not seem to have any Rugby debt, we do not have any loans from SL / RL, the players and staff are paid in full, so the SL /RL will not be forcing any potential new owner to make good the clubs old Rugby debt ( Crusaders new owners have had to carry forward a £ 700,000 rugby debt, the RL have a charge on the ground to secure it, can you really see Crusaders been able to pay that debt. This is good news because it means that any interested party in Trinity really is looking at buying a viable business, they will be able to make an offer for the clubs assets and agree term with ` essential creditors ` ie Rodders, the company that supply the shop etc etc. Most importantly they will look at the potential for the business that Newmarket offers. Once a new owner is announced then we can all get back to ensuring that the public inquiry goes our way.

Add an estimated £130k for image rights and I don't think you're far off, if Leeds win the test case that will be reduced to around £18,500 but until then....

I hear that the debt levels at a number of clubs would make Trinity's look irrelevant but those clubs have the ability to service their debt by one means or another.

The size of debts I hear are: £8M, £5M, £4M and so on, when you think about Crusaders having £2.2M after just two years it makes the numbers I'm hearing look very believable.

Having said that, it's the ability to service your debt that is important and we can't therefore wer'e in trouble and other clubs are not........well not yet!

Those sort of debts are due to the owners of the clubs. Usually interest-free, and subordinated to the interests of other creditors. Nothing private about them - just go get the accounts of the relevant clubs from Companies House. And yes, there are clubs with debts on that scale.

Basically, a club with no sugar daddy to pour money in, underwrite its massive losses and leave whats been poured in as a loan, and that club is probably fekked as far as I can see.

Maybe your new owner will join the ranks of the sugar daddies?

Just been told that the 4th interested party isd a near neighbour of Ted's who owns a nightclub in Wakefield. Don't know if there is any truth in this but if they were successful I don't think we'd see too many redundancies for the family.

If that does happen, it'll be the beginning of the end for WTW.

i frigging hope not

Let me answer your "post" in 2 parts...........

You may be correct if this was the other way around and I would be lying if I said otherwise. The simple fact of the matter, is that some supporters are simply over the moon that this will happen, IF it's going to be best for your club. Maybe showing some sympathy to others who are also going to be affected, wouldn't go a miss.

As for the last comment, well done

it's people like you that represent your club that make supporters of other clubs, not giving a frig about your plite!!

its simply what happens when someone like you comes on trying to stir it up, tough!! dont expect any sympathy here
as for your other point, we will all be over the moon if this comes off, on other posts i have stated that it would be a good thing if we didnt go bust for the sake of others, but it isnt my cash so i cant do owt about it.

Clearly trolls stick together!!!

Well ones gone away and won't return.

Oh your just no fun anymore!!!

Don't worry

i expect another visit.

That's the trouble with MPD!!!