Fax receive 60,000 as investor buys more shares
Posted 22 December 2012 - 06:09 PM
You can't beat an owl!
Posted 22 December 2012 - 07:26 PM
The fact that fax have got people investing this type of money should be applauded the same as fev should be for getting big companies like fosters as a sponsor, not shot down by people saying 'yeah but its only x ammount of money so its easier for them'.
Edited by Chappies Dummy, 23 December 2012 - 05:27 PM.
Posted 22 December 2012 - 07:34 PM
No CC club has that same level of guaranteed income, where for some clubs it could 30-40% of their total income for a 5 year period. Thats 30-40% of their income for the coming season that they don't have to do a huge amount of work for, except to avoid going bust, and/or retaining their licence.
The CC clubs would love to have that level of certainty and are much more susceptible to outside factors such as the economy of the area in which they operate.
Imagine what would happen in say Whitehaven if BNFL closed down
Edited by shaun mc, 22 December 2012 - 07:35 PM.
Posted 22 December 2012 - 08:48 PM
So that's Featherstone and Halifax who have found investors albeit of no huge size but Salford, Crusaders and Braford either cannot or have had great difficulty finding any. Furthermore Halifax, Sheffield and I believe Workington and Leigh have all posted a profit.
Maybe the CC CEOs should run a seminar for the deluded SL fanatsists who try to run their clubs on a model of permanent deficit spending.
seems the difference is that fev and halifax went looking for investors while still been in a healthy state rather than waiting until they were going belly up like the other clubs mentioned . would you put your money into a club that seems well run or one thats deep in debt ?
does life get any better .
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