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| Quote ="Eurob0y"By agreeing to let them write off their debts and start afresh or something like that, without having to be relegated.
And I keep hearing about how we need London for the sky TV deal, but no one ever comes up with any evidence to support that claim. Its just the pro london apologists who keep bleating about the sky deal. People need to realise that rugby league just isnt going to work in london. They have produced, what, one decent player since they started and their crowds havent improved.'"
You mean some idiot in your local / your mate / your mum said it, so it must be true. Cretin.
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| Its a shame there is no local union club close to wakefield to bail them out aswell
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Quote ="Eurob0y"By agreeing to let them write off their debts and start afresh or something like that, without having to be relegated.
'"
news.bbc.co.uk/sport1/hi/rugby_l ... 316545.stm
The club was sold to another holding company and the remaining 11 Super League clubs agreed that London Broncos should keep their SLE membership. Errr..... that was it. The only time the RFL was involved was when the new company left a security bond with the RFL.
Quote But at the four-and-a-half hour meeting, Super League clubs agreed to let London restructure their finances to allow them to continue trading. '"
Quote London's players will be transferred to the new company while the management will be required to place a 'substantial financial bond' with the Rugby Football League. '"
HTH
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Quote ="Eurob0y"By agreeing to let them write off their debts and start afresh or something like that, without having to be relegated.
'"
news.bbc.co.uk/sport1/hi/rugby_l ... 316545.stm
The club was sold to another holding company and the remaining 11 Super League clubs agreed that London Broncos should keep their SLE membership. Errr..... that was it. The only time the RFL was involved was when the new company left a security bond with the RFL.
Quote But at the four-and-a-half hour meeting, Super League clubs agreed to let London restructure their finances to allow them to continue trading. '"
Quote London's players will be transferred to the new company while the management will be required to place a 'substantial financial bond' with the Rugby Football League. '"
HTH
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Club Coach | 743 | No Team Selected |
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| Quote ="bramleyrhino"news.bbc.co.uk/sport1/hi/rugby_league/super_league/london/4316545.stm
The club was sold to another holding company and the remaining 11 Super League clubs agreed that London Broncos should keep their SLE membership. Errr..... that was it. The only time the RFL was involved was when the new company left a security bond with the RFL.
HTH'"
Richard Lewis said if the clubs voted to take all accrued points off London Broncos up to that point then he would consider it a vote of no confidence in him and he would walk. The clubs then voted in favour of letting London keep the points (the then Widnes Chairman Tony Chambers voted in favour of letting London keep the points to the dismay of many Widnes fans).
Strictly speaking it wasn't 'bailing out' London but can you imagine Richard Lewis doing the same thing for Wakefield IF the rumours are to be believed.
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Player Coach | 1977 | No Team Selected |
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Sep 2008 | 16 years | |
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| Quote ="Wadski"They've offered out Sculthorpe and Brough to all SL clubs.
They've seen a signification drop in revenue from ticket sales.
They're barely managed to put stock on the shelves in the club store. ('Mediumgate')
They've announced their £100K share issue to the 'ordinary fans' (clearly can't get it from the business / venture capital worlds)
They've 'raised' £50,000 for stadium sponsorship for half a season (LMFAO)
They've suggested a player clearout at the end of the season.
They've sold their ground in 2007 to fund their SL licence application
They've fined two players for drinking on the team coach despite being on the same coach and not stopping them at the time.
Rumours of Atkins & Rooney off as they cannot afford salaries.
Drew and Petersen talking legal action against the club to ensure contracts are fulfilled.
They can't even afford a paddle for the creek they are up.'"
a post on the wakey board by a poster with some inside knowledge (TRB) woud seem to support the gist of what Wadski points out!
So it is not trouble causing giants fans making up rumours!
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International Board Member | 1210 | No Team Selected |
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Aug 2002 | 22 years | |
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| Quote ="rufustanner"Richard Lewis said if the clubs voted to take all accrued points off London Broncos up to that point then he would consider it a vote of no confidence in him and he would walk. The clubs then voted in favour of letting London keep the points (the then Widnes Chairman Tony Chambers voted in favour of letting London keep the points to the dismay of many Widnes fans).
Strictly speaking it wasn't 'bailing out' London but can you imagine Richard Lewis doing the same thing for Wakefield IF the rumours are to be believed.'"
That's roughly how I remember it as well, although I'm not sure if Widnes weren't one of two clubs who abstained in the vote, the other (IIRC correctly) being Wakefield. I think the vote went through with a majority of two.
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International Chairman | 10580 | No Team Selected |
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| Wakefield and Widnes both abstained. Wakefield CEO explained the reasons at a shareholders meeting soon after the decision. As well as the threats from Lewis I seem to remember the Sky contract being used as leverage too.
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Club Owner | 20966 | No Team Selected |
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| Quote ="Eurob0y"Lets hope the RFL does the right thing and bail them out like they did with the club no one cares about, London Bronchos'"
Oh Goody....a Blame London Thread ![Cool icon_cool.gif](//www.rlfans.com/images/smilies//icon_cool.gif)
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Player Coach | 363 | No Team Selected |
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| Quote ="Steve Fox" I think the vote went through with a majority of two.'"
I'm fairly sure it was 5-4 with 2 abstentions (Wakefield and Widnes as already mentioned). The 4 naysayers were Wigan, Leigh, Salford and Bradford I think.
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International Chairman | 4799 | No Team Selected |
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| Quote ="prehensile"I'm fairly sure it was 5-4 with 2 abstentions (Wakefield and Widnes as already mentioned). The 4 naysayers were Wigan, Leigh, Salford and Bradford I think.'" That's right. Maurice Lindsay wanted to temporarily suspend us until all the relevant facts were known.
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Moderator | 36786 | No Team Selected |
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Jul 2003 | 22 years | |
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Jan 2025 | May 2023 | LINK |
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| Quote ="rufustanner"Strictly speaking it wasn't 'bailing out' London but can you imagine Richard Lewis doing the same thing for Wakefield IF the rumours are to be believed.'"
Since there is now a rule that would make that impossible - no. A rule introduced with the backing of all the SL clubs in the wake of what happened with the Broncos, by the way.
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Club Owner | 20966 | No Team Selected |
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Aug 2003 | 21 years | |
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| Quote ="The Chronicler of Chiswic"That's right. Maurice Lindsay wanted to temporarily suspend us until all the relevant facts were known.'"
![Laughing icon_lol.gif](//www.rlfans.com/images/smilies//icon_lol.gif) Pot and Kettle spring to mind there
I remember all the threads at the time.....hours of endless fun repeatedly asking for FACTS instead of rumours and opinions. Bottom line is, part of the Licence application reasoning was to ensure that clubs didn't do a London or Widnes in the future. If it's true, and Wakey did raise a load of revenue to get their licence, but now find themselves in trouble, I can see only one outcome and it's not one that Wakefield will find palatable.
The cold hard facts as I see them is that (removing the Salford game as there is no comparison from last year) average gates for the corresponding fixtures so far are 17% down on last year....so about 1,100 less fans per game. This is worrying as if these fans are worth £10 each a ticket and another £10 on residuals (beer food etc) then that is a £22,000 a game hole in the clubs finances.
£300,000 less revenue than last year points to headcount needing to be reduced (either playing or back room staff) to ensure the club stay on course to achieve the targets they were set by the RFL.
As for the new ground, I still say that unless £30,000,000 is already in place, Wakefield and Castleford should share a new stadium. This is not a merger, just financial common sense.
Lastly, I would hate to see any club go to the wall and I hope Wakey can turn their "supposed" problems around.
P.S. Before some wag comes along and points out that a Quins fans is harping on about attendances, I was only looking at the overall picture at wakey, where some players seem to be on very good wages. In London, we have "managed the expectations" of our players and therefore can operate on out piddly little crowds.
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International Chairman | 26578 | No Team Selected |
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Mar 2002 | 23 years | |
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| Quote ="Eurob0y"Lets hope the RFL does the right thing and bail them out like they did with the club no one cares about, London Bronchos'"
Another idiot who doesn't have a clue...
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Player Coach | 3530 | No Team Selected |
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Feb 2008 | 17 years | |
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| Quote ="rufustanner"Richard Lewis said if the clubs voted to take all accrued points off London Broncos up to that point then he would consider it a vote of no confidence in him and he would walk. The clubs then voted in favour of letting London keep the points (the then Widnes Chairman Tony Chambers voted in favour of letting London keep the points to the dismay of many Widnes fans).
Strictly speaking it wasn't 'bailing out' London but can you imagine Richard Lewis doing the same thing for Wakefield IF the rumours are to be believed.'"
Of course not. He would just let Wakefield rot, like he should have done with London. London are quickly running out of options. First the RFL save them, then the RFU save them, what next? If only wakefield had these kind of options.
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International Chairman | 26578 | No Team Selected |
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| Quote ="Eurob0y"Of course not. He would just let Wakefield rot, like he should have done with London. London are quickly running out of options. First the RFL save them, then the RFU save them, what next? If only wakefield had these kind of options.'"
It has been shown time and time again that this is not true, yet you still spout this rubbish.
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Player Coach | 18736 | No Team Selected |
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| london/quins rl were more than grateful when harlequins ru took them in. don't try and tell us that it didn't help the club.
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Player Coach | 3530 | No Team Selected |
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| Quote ="Big Graeme"It has been shown time and time again that this is not true, yet you still spout this rubbish.'"
Ok then, London were saved by the other super league clubs. Happy now? Will they also save Wakefield? Will the RFU step in to save Wakefield?
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Player Coach | 10446 | No Team Selected |
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| Quote ="Big Graeme"It has been shown time and time again that this is not true, yet you still spout this rubbish.'"
You have to remember he gets all his information from Wikipedia.
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| Quote ="Catalancs"london/quins rl were more than grateful when harlequins ru took them in. don't try and tell us that it didn't help the club.'"
Of course it helped them, it saved them...again
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| Quote ="Eurob0y"Of course not. He would just let Wakefield rot, like he should have done with London..'"
Really? OK, if you say so, but remember, opinions are like @rseholes...we all have on.
Quote ="Eurob0y"London are quickly running out of options.'"
Please explain? Crowds are 2 points in the licence appplication and we are fully aware of the need to increase them. As for the other options open to us, these include feilding 3 current England internationals, sitting 5th of 14 with a game in hand, having an award winning community team, playing one of the fastest growing team sports in the Greater London area, having a team with more british players than some other "older" teams, having a reserve team sitting 5th with a game in hand that is full of home grown talent.....
loads of "options" there
Quote ="Eurob0y"First the RFL save them, then the RFU save them, what next? If only wakefield had these kind of options.'"
As has been pointed out, the RFL did not save us........and as for the RFU ![Laughing icon_lol.gif](//www.rlfans.com/images/smilies//icon_lol.gif) you really have no idea what you are talking about. We are not connected to Harlequins Rugby Union in any financial way. We have seperate Chairmen, back office staff, community teams and even operations managers......but if you believe that Francis Baron and the guys across the road at Twickenham have some secret agenda then you sir are watching too many old re-runs of the x-files.
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| Quote ="Wadski"You have to remember he gets all his information from Wikipedia.'"
Aye, and the sad, bitter old man at the end of the bar ![Laughing icon_lol.gif](//www.rlfans.com/images/smilies//icon_lol.gif)
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Player Coach | 1977 | No Team Selected |
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| Quote ="Big Graeme"Aye, and the sad, bitter old man at the end of the bar
'"
I don't recall speaking to him!
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| Quote ="Marsdengiant"I don't recall speaking to him!'" #
If you dont know him, then that means its you ![Wink icon_wink.gif](//www.rlfans.com/images/smilies//icon_wink.gif)
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Player Coach | 1977 | No Team Selected |
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