The Daddy Posted October 10, 2017 Share Posted October 10, 2017 According to 40-20 magazine, they are in debt to the tune of £8 million the transfer of ownership to the community trust has also not been approved coz of the debt and they may go into liquidation. Link to comment Share on other sites More sharing options...
The King Of Leon Posted October 10, 2017 Share Posted October 10, 2017 8 mill ! I thought Koulash had bankrolled them and were debt free ? Link to comment Share on other sites More sharing options...
roughyedspud Posted October 10, 2017 Share Posted October 10, 2017 Super marwan koukash eh...you was warned OLDHAM RLFC the 8TH most successful team in british RL Link to comment Share on other sites More sharing options...
The Daddy Posted October 10, 2017 Author Share Posted October 10, 2017 4 minutes ago, The King Of Leon said: 8 mill ! I thought Koulash had bankrolled them and were debt free ? I don't know that's what it says in the magazine article. Also mentions the RFL pushing for a merger involving Swinton, Oldham, Rangers, Leigh and Salford to form a Manchester super club. Link to comment Share on other sites More sharing options...
TheLegendOfTexEvans Posted October 10, 2017 Share Posted October 10, 2017 8 minutes ago, The Daddy said: I don't know that's what it says in the magazine article. Also mentions the RFL pushing for a merger involving Swinton, Oldham, Rangers, Leigh and Salford to form a Manchester super club. If you read between the lines thats worrying. Especially the mention of Leigh. Link to comment Share on other sites More sharing options...
TheLegendOfTexEvans Posted October 11, 2017 Share Posted October 11, 2017 35 minutes ago, The Daddy said: According to 40-20 magazine, they are in debt to the tune of £8 million the transfer of ownership to the community trust has also not been approved coz of the debt and they may go into liquidation. September? October's copy? Link to comment Share on other sites More sharing options...
Mattrhino Posted October 11, 2017 Share Posted October 11, 2017 I said this in an earlier thread regarding the ownership change. If Salford are not a viable club without Koukash bring back Leigh or put Tolouse into the SL. All that will happen is creditors will lose money. Link to comment Share on other sites More sharing options...
ojx Posted October 11, 2017 Share Posted October 11, 2017 16 minutes ago, Mattrhino said: I said this in an earlier thread regarding the ownership change. If Salford are not a viable club without Koukash bring back Leigh or put Tolouse into the SL. All that will happen is creditors will lose money. Leigh back in SL, Bradford back in Championship? Link to comment Share on other sites More sharing options...
The King Of Leon Posted October 11, 2017 Share Posted October 11, 2017 they will do anything to keep Bradford in the Championship Link to comment Share on other sites More sharing options...
kiwis 13 6 Posted October 11, 2017 Share Posted October 11, 2017 If this is true & Koukash has set up a trust to transfer debt to .... got to wonder is that even legal? Link to comment Share on other sites More sharing options...
Celtic Rooster Posted October 11, 2017 Share Posted October 11, 2017 2 hours ago, The King Of Leon said: 8 mill ! I thought Koulash had bankrolled them and were debt free ? Salford owed the council more than £1,000,000 when Koukash took them over and he didn't pay anything off the debt. In fact, according to the council recently, they loaned the club some more money since "There was no chance of getting the first £1,000,000 back if they didn't"? Marwan has spent money on players - nothing else. I am a Salfordian and I fear for the club and the loyal fans. Link to comment Share on other sites More sharing options...
BBR Posted October 11, 2017 Share Posted October 11, 2017 Said this would happen as soon as he announced that he was going to walk. The club won't be in SL next season. At best, they will be part-time, at worst, will no longer exist. Needs sorting now or it doesn't give anyone time to step up Link to comment Share on other sites More sharing options...
Damien Posted October 11, 2017 Share Posted October 11, 2017 6 hours ago, The Daddy said: I don't know that's what it says in the magazine article. Also mentions the RFL pushing for a merger involving Swinton, Oldham, Rangers, Leigh and Salford to form a Manchester super club. Please God no. You can create a Manchester super club without destroying the sport in other towns. Indeed there is already a Manchester club to build from. Link to comment Share on other sites More sharing options...
Man of Kent Posted October 11, 2017 Share Posted October 11, 2017 Salford are farked The Leigh element could be a red herring, but it seems kind of inevitable that a merged Manchester club playing in Manchester is the way forward Link to comment Share on other sites More sharing options...
The 4 of Us Posted October 11, 2017 Share Posted October 11, 2017 There is a difference of course between spending your own money and guaranteeing/underwriting the expenditure of some organisation. Always wondered how much was actually being paid. But at least they’re getting a new badge. http://www.wiganstpats.org Producing Players Since 1910 Link to comment Share on other sites More sharing options...
John Fisher Posted October 11, 2017 Share Posted October 11, 2017 But where are the fans of the super club gong to come from to make it viable? Link to comment Share on other sites More sharing options...
The 4 of Us Posted October 11, 2017 Share Posted October 11, 2017 7 hours ago, The Daddy said: I don't know that's what it says in the magazine article. Also mentions the RFL pushing for a merger involving Swinton, Oldham, Rangers, Leigh and Salford to form a Manchester super club. A (Super?) Club with double the turnover and double the debt playing in front of 1000 at Ethiad? http://www.wiganstpats.org Producing Players Since 1910 Link to comment Share on other sites More sharing options...
The Daddy Posted October 11, 2017 Author Share Posted October 11, 2017 There were rumours wasn't there towards the end of the season about deals between Beaumont and Koukash and potentially Koukash investing in Leigh there is now evidently some truth behind those. Link to comment Share on other sites More sharing options...
The Blues Ox Posted October 11, 2017 Share Posted October 11, 2017 6 hours ago, ojx said: Leigh back in SL, Bradford back in Championship? If they went beely up they should be given the chance to start in the Championship failing that Leigh back in Sl and Oldham back in the Championship. Link to comment Share on other sites More sharing options...
Frog Posted October 11, 2017 Share Posted October 11, 2017 Not to worry the , the billions coming in from North America will more than compensate. Link to comment Share on other sites More sharing options...
GeordieSaint Posted October 11, 2017 Share Posted October 11, 2017 14 minutes ago, The Daddy said: There were rumours wasn't there towards the end of the season about deals between Beaumont and Koukash and potentially Koukash investing in Leigh there is now evidently some truth behind those. Is there or have RL journalists put 2+2 together and come up with 3257? Link to comment Share on other sites More sharing options...
tms Posted October 11, 2017 Share Posted October 11, 2017 7 hours ago, The Daddy said: I don't know that's what it says in the magazine article. Also mentions the RFL pushing for a merger involving Swinton, Oldham, Rangers, Leigh and Salford to form a Manchester super club. don't think so remember Fev Wakey n C#s forming Calder super league club Link to comment Share on other sites More sharing options...
Ivarr the Boneless Posted October 11, 2017 Share Posted October 11, 2017 1 hour ago, Damien said: Please God no. You can create a Manchester super club without destroying the sport in other towns. Indeed there is already a Manchester club to build from. A League One owner recently predicted to me that League One would cease to exist in the next few years. He thought the RFL wanted a two tier structure. A franchise led Superleague and then the rest a tier two. Removing so many Manchester area clubs at one fell swoop would fit in with this scenario. There may be a bigger picture we don't know about yet. Link to comment Share on other sites More sharing options...
The Daddy Posted October 11, 2017 Author Share Posted October 11, 2017 7 hours ago, TheLegendOfTexEvans said: September? October's copy? October Link to comment Share on other sites More sharing options...
sheddingswasus Posted October 11, 2017 Share Posted October 11, 2017 If Salford do go belly up, then they should start exactly the way Oldham & Workington had to. This was application to re-join the RFL and admission into the bottom tier. When the above two were readmitted they had no funding in year one, and in Oldham's case they were were barred from the Challenge Cup IIRC. I believe this should have happened with Bradford as well (although theirs was administration nit liquidation) The correct course of action IMHO would be Leigh in SL, Oldham in the Championship, and Salford in C1. That said I think the RFL would want Bradford not Oldham. Link to comment Share on other sites More sharing options...
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