News from one of our nearest and dearest

[POR]

Wakefield chief executive Michael Carter who himself will step down from his role at the end of the season – believes a drop down to the Championship could actually help the club prosper. and “If the worst does happen and absolutely  I don’t want that to happen as we’re fighting to stay up, but if it does, it could be a godsend. We are where we are, we’re fighting like hell to stay up but we have got plans in place if the worst happens, we do bounce back.

The funny thing in all his bluster was   he doesn't know what this means Sometimes you’ve got to take one step forward to take two steps back

Last but not least which I found interesting  we’ve forecast to earn £100,000 a year out of this pitch, our forecast to earn out of the new stand is £500,000 a year. That would fuel us to spend up to salary cap and that has always been the ultimate aim. So in reality all the money they got off sky each year was not enough to reach full salary cap

[POR]

Reports that the loan of £3.2 million  they got off the council  to buy HELL VUE is due and repayments start in August estimated to be anything between 20 and 50K a month

[sentoffagain2]

              Ouch    that made my eye's water.

[Les Tonks Sidestep]

2 hours ago, POR said:

Reports that the loan of £3.2 million  they got off the council  to buy HELL VUE is due and repayments start in August estimated to be anything between 20 and 50K a month

Their loan is over 15 years at 2.5% interest. Repayments are around £21k/month and they have been repaying since they received the money a few years ago.