Yes fair point - I guess the point I was making is that Salford, Cas and Wakey are very similar in may respects. Wakey go into admin and come out smelling of roses, Salford have a winding up petition filed against them and (seemingly) come out smelling of roses.Also, London are surviving on average crowds below 3,000
Pre Christmas, the board at Cas came out and begged and pleaded for us all to buy a membership to ensure the financial future of the club. Many have done this (nearly 3,500 I believe) despite the worst season in many many years but still not quite sure where we go if we don;t get to 5,000
It begs the question if this was the right move - Salford sent out a rallying cry with the Save our Salford campaign asking for donations basically and had a paltry attendance at a pre-season fixture - are they worth saving? Somebody thinks so. I really don't buy this RL needs a club in Manchester nonsense
Cas own a lot of land - perhaps the business plan should be "F*ck it, let's go into administration, clear our debts and crack on - somebody must want us for the land value if nothing else"
I genuinely fear for our club and am honest enough to say that there is an element of the green eyed monster in my post when a club like Salford (similar to Cas in so many respects) can attract this sort of backer.
It will be interesting to see how the next 12 months pan out
I think you maybe should be carefull what you wish for.
All assets will be used by the Admin to pay the debts, so if the ground and its environs are owned by the club they may well go for other purposes and though a tanking economy clearly means the number of potential buyers may will be limited, there are still 'sharks' out there - supermarkets, for example, who will buy land just to prevent someone else from doing so. In admin terms, the Bulls were 'fortunate' in not owning the ground or much else other than the stands within the ground, so there was little, if anything, to sell off and the actual company value was very little. It sounds like Cas are not so 'fortunate' so admin may well be something to be avoided.