|
|
Post by mauricethered on Nov 26, 2024 8:37:56 GMT
So once again we survive by the skin of our teeth. This club was last year in an unforeseen crisis when central funding was cut. This year we must have had an understanding finances were going the same way, yet promotions are given out, new hires given jobs, we sign players we clearly cannot afford. The stadium delay is not an excuse to get in too deep the future of the club is on the line. We rob Peter to pay Paul and needed RL Commercial to bail us out again. I’m done with this CBS model it’s flawed, the club board just do what they want so no more cash from me there. I’ll just support the team as off field I’m sick of a lack of transparency. I’ve defended the board lots on here but fans deserve to know what has happened to the community funding and how the sale of three players impacted finances. All we get is a statement saying we will arrange a forum in February. Excellent post WRD - Full agreement from this one time shareholder. I lost 5 figures into the old liquidated club which I really could do with now being an OAP and this time there is no JAW around to pick up the tab for the club. Budgets will have to be watertight from now on and sadly Rachel Thieves attack via NIC contributions will definitely mean redundancies. The club will not get another chance. A new era starts today. I have to agree with these posts, I have purchased shares and just spent an additional £700 on Season Tickets. I will not be renewing my CBS membership or investing further until I see accountability and more transparency from the club at board level. Waiting until February 2025 does not wash to hear 'Why' if we are a so-called community run club |
|
|
|
Post by mauricethered on Nov 26, 2024 8:38:47 GMT
I’m probably being ott here but I feel we can’t wait till February to have a meeting!if the club believe we’re a community club then we deserve answers now not in two months,we’re not a community club that was just a way of getting all that money out of the fans and it’s really disappointing but now we have the 500,000 the club will go quiet again because that’s what they do,probably ott of me but just really disappointed Spot on LH Red......... Just waiting for JJR now. |
|
|
|
Post by dixon13 on Nov 26, 2024 8:51:31 GMT
The success on the field as come at price,I agree with other people we could be better kept in the loop.and that's not having ago at anyone.
It could be they have said February because that's when they will know more it's no good getting half a story.
|
|
|
|
Post by lhred on Nov 26, 2024 9:18:05 GMT
Well the journalists seem to know more than half a story and as I said as a community club we deserve answers!the main one being what happens when we run through this 500,000 and nothing sorted?!
|
|
|
|
Post by dixon13 on Nov 26, 2024 9:37:01 GMT
Well the journalists seem to know more than half a story and as I said as a community club we deserve answers!the main one being what happens when we run through this 500,000 and nothing sorted?! I wouldn't trust 95 percent of so called journalist they should be picking fruit. The club are banking on the stadium and that's something they don't control The story was put out for click bate nothing more |
|
|
|
Post by russ on Nov 26, 2024 9:37:04 GMT
Well that didn't take long, did it?
There's nowt so queer ........
It's like jumping ship from the Titanic to the Mary Celeste, to the SS Drottningholm on here!
|
|
|
|
Post by JJR on Nov 26, 2024 10:03:52 GMT
I’m probably being ott here but I feel we can’t wait till February to have a meeting!if the club believe we’re a community club then we deserve answers now not in two months,we’re not a community club that was just a way of getting all that money out of the fans and it’s really disappointing but now we have the 500,000 the club will go quiet again because that’s what they do,probably ott of me but just really disappointed Spot on LH Red......... Just waiting for JJR now. I’ve given up as are lots of others MTR, the Accounts speak for themselves…fault seems to have been there for many years before the CBS Board and those people seem to be still making all the decisions…but the CBS Board doesn’t seem to have any teeth to change the situation As has often been said…without Rowleys heroics last year we’d be in the Championship according to the IMG numbers. I do like Rowleys drive and apparent integrity…it needs to spread throughout the Club And it’s always somebody else’s fault…last year RFL, fans, City Council…this year just the Council You can’t plan your business around hope, grants, hand outs in the view that others will continually support you…you have to plan and commercially deliver…why don’t we do it? “Vision without a deliverable Strategy is just a Dream….(or in our case a Nightmare)” |
|
|
|
Post by ordsallad49 on Nov 26, 2024 10:43:35 GMT
Come on salfordians we've been given another chance here all get behind our beloved club instead of all the slagging off most of last week was Chinese whispers so don't jump ship we do need everybody no matter how bitter you feel it starts here
|
|
|
|
Post by pjc on Nov 26, 2024 12:38:39 GMT
Calm down everybody - hopefully there may be light at the end of the tunnel - if the ground goes through, possible more sponsorship maybe somebody interested in backing us. All fingers crossed. Hopefully 2025 season will make us and not break us!
Again I haven’t seen any accounts either recent or historic - I suspect financially we have been “rocking along the bottom” for years - punching way above our weight!
Need to stop spitting our dummy out with comments like not joining/supporting this that or the other! We need more season ticket holders than ever before.
As a matter of interest - Salford population is around 4 times that of Leigh, I think they have averaged around 8k for home games, Hull KR similar numbers I think (population of the whole of Hull similar to Wigan borough).
We need more bums on seats - this will attract more sponsors and even more financial benefits! - several of us who go to every game are from Bolton!
I feel a Monty Python song coming on….
|
|
|
|
Post by Old Dave on Nov 26, 2024 12:38:54 GMT
I don't believe that I am the only person who is not surprised that a club of our resources will experience financial issues from time to time. Hopefully securing the ground will open up other income streams and we will be on a more secure footing.
This is not the time for throwing toys out of the pram. This is the time to support our club and it's management. team. Financial issues are usually down to lack of numbers at our matches. The club have tried various initiatives down the years often involving free or cheaper access and not sure what more they can do to increase attendances.
It's an issue we face as we don't have a rich owner and we are all aware of this. So get behind your club and look forward to the new season.
|
|
|
|
Post by Rossy on Nov 26, 2024 13:54:17 GMT
|
|
|
|
Post by worsleyreddevil on Nov 26, 2024 14:02:31 GMT
I don't believe that I am the only person who is not surprised that a club of our resources will experience financial issues from time to time. Hopefully securing the ground will open up other income streams and we will be on a more secure footing. This is not the time for throwing toys out of the pram. This is the time to support our club and it's management. team. Financial issues are usually down to lack of numbers at our matches. The club have tried various initiatives down the years often involving free or cheaper access and not sure what more they can do to increase attendances. It's an issue we face as we don't have a rich owner and we are all aware of this. So get behind your club and look forward to the new season. No one is throwing toys out of the pram it’s just the clubs board never give us a straight answer and some of us are fed up with this repeating itself. Please explain what happened to the Community Share money raised?? Why we are continually in financial difficulty which should be identified months in advance after last season. The owners have No input or say, we are a community club in name only. Then we have possible investment which will be done without so called Owner input anyway. I’ll stick to supporting the team that’s it. |
|
|
|
Post by bigkeev on Nov 26, 2024 14:48:34 GMT
As a hypothetical question for a moment, do people believe that the board should have based all of their financial projections on the stadium deal not being complete by now, and forgone recruitment for this season until such time as a new deal did materialise?
Im not just talking about additional squad members, I'm talking about not replacing those players who have moved on for whatever reason.
Would we have been better served by not listening to what we were being told by the Council etc, should we have cut our cloth based on what funds we knew we had.
Would the club have been better served as a whole by adopting this strategy?
I dont personally believe so, but without trying to be at all antogonistic Im interested to hear what people think.
|
|
|
|
Post by JJR on Nov 26, 2024 15:14:02 GMT
To base any financial projections on a HOPE that something might happen in a certain time frame is at best naive and in reality….
|
|
|
|
Post by themaskedavenger on Nov 26, 2024 15:50:13 GMT
As a hypothetical question for a moment, do people believe that the board should have based all of their financial projections on the stadium deal not being complete by now, and forgone recruitment for this season until such time as a new deal did materialise? Im not just talking about additional squad members, I'm talking about not replacing those players who have moved on for whatever reason. Would we have been better served by not listening to what we were being told by the Council etc, should we have cut our cloth based on what funds we knew we had. Would the club have been better served as a whole by adopting this strategy? I dont personally believe so, but without trying to be at all antogonistic Im interested to hear what people think. I'm totally in agreement with you. the reality is that trying to budget for, and maintain a squad of players able to complete a superleague season without taking into account the funds that are projected (not just 'hoped' for) is nigh impossible. with the restrictions on player minutes, to NOT replace anyone would mean playing kids who are yet ready throughout much of the season. Of course the other option would have been to say "we're not going to sign anyone because we can't afford it, and we are withdrawing from SL now as we know we won't be able to get through a season with the resources we have currently". Certain posters on here who rattle on about how 'this sort of thing wouldn't happen in any private sector business' must have worked in some very cossetted environments if their organisations never took any risks in order to develop or maintain the business. Its fine to state that you should be risk averse, but when the alternative is akin to sitting on the deck of the titanic and refusing to jump because you're worried there's not enough people in the lifeboat to row it to safety, then what is the realistic alternative? |
|
