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| OK so I think I'm agreeing with everyone then. I thought the post I was replying to suggested the RFL should have been propping Salford up more than they have. I agree it has gone on far too long and either:
(1) the IMG process should have picked up on the issues, or
(2) once Salford asked for cash in advance, what they put forward to the IMG process should have been binned off and someone else offered the place in SL.
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[quote="just_browny":3qalvx7m]OK so I think I'm agreeing with everyone then. I thought the post I was replying to suggested the RFL should have been propping Salford up more than they have. I agree it has gone on far too long and either:
(1) the IMG process should have picked up on the issues, or
(2) once Salford asked for cash in advance, what they put forward to the IMG process should have been binned off and someone else offered the place in SL.[/quote:3qalvx7m]
1) Yes, definitely. Instead they got a B rating 13.97, rank #12.
2) Agree. But worst still it seems the bailout was provided (with RFL Commercial having control of it) but no timeline for execution of the sustainability cap*. Hence Salford can continue to dally in the hope of this takeover, leaving the whole thing in limbo. Salford have been tricksy since the get go.
* https://www.salfordreddevils.com/club-s ... e-rumours/[i:3qalvx7m]
The terms of receiving the advancement were that the Club be placed under ‘special measures’ requiring a reduction in overheads of £800,000. [b:3qalvx7m]We were not given a clear timeline for compliance on required expenditure reductions[/b:3qalvx7m], therefore the Club took the decision to hold our position for the short-term while investor negotiations are ongoing. During this time the Club has received offers for a number of players, none of whom have been available for sale until today.
[/i:3qalvx7m]
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[quote="just_browny":3qalvx7m]OK so I think I'm agreeing with everyone then. I thought the post I was replying to suggested the RFL should have been propping Salford up more than they have. I agree it has gone on far too long and either:
(1) the IMG process should have picked up on the issues, or
(2) once Salford asked for cash in advance, what they put forward to the IMG process should have been binned off and someone else offered the place in SL.[/quote:3qalvx7m]
1) Yes, definitely. Instead they got a B rating 13.97, rank #12.
2) Agree. But worst still it seems the bailout was provided (with RFL Commercial having control of it) but no timeline for execution of the sustainability cap*. Hence Salford can continue to dally in the hope of this takeover, leaving the whole thing in limbo. Salford have been tricksy since the get go.
* https://www.salfordreddevils.com/club-s ... e-rumours/[i:3qalvx7m]
The terms of receiving the advancement were that the Club be placed under ‘special measures’ requiring a reduction in overheads of £800,000. [b:3qalvx7m]We were not given a clear timeline for compliance on required expenditure reductions[/b:3qalvx7m], therefore the Club took the decision to hold our position for the short-term while investor negotiations are ongoing. During this time the Club has received offers for a number of players, none of whom have been available for sale until today.
[/i:3qalvx7m]
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| BTW I don't blame Salford it's not up to them to call themselves out but IMG and the RFL pffft!!
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| [quote="just_browny":qu93xezp]OK so I think I'm agreeing with everyone then. I thought the post I was replying to suggested the RFL should have been propping Salford up more than they have. I agree it has gone on far too long and either:
(1) the IMG process should have picked up on the issues, or
(2) once Salford asked for cash in advance, what they put forward to the IMG process should have been binned off and someone else offered the place in SL.[/quote:qu93xezp]
I wasn't suggesting the RFL should support or bail Salford out , but i find it strange that London were allowed to come up for one season only ,an expansionist club, then we suddenly hear again about the recurring financial woes of Salford who have been flogging a dead horse ever since the new stadium was built. I don't think the move has done them any favours at all.
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| [quote="Uncle Rico":1w7w5mf4]BTW I don't blame Salford it's not up to them to call themselves out but IMG and the RFL pffft!![/quote:1w7w5mf4]
I blame them for making signings they cannot afford and persistently going cap in hand to Salford City council for tax payers money.
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