https://www.loverugbyleague.com/post/ma ... -half-back Leigh are now out of the running for Marc Sneyd, having tried to poach him before the warm weather training in Lanzarote. Salford have dragged their feet for 2 months now, without actually selling any players. The plan seems to be recoup some money from actually sales, at a time when 99.9% of players are sold/leave without a buyers fee. Derek has also done an interview in which he talks about the similar position Leigh found themselves in back in 2018. It would appear that Warrington provided a cash injection buying two players and the rest of the squad were moved on to reduce the salary cap. Reading between the lines, cash strapped Salford want income and a reduction in salary cap at the same time, all from a weak sellers position. Leigh are going to start the season with Gaz O'Brien, with Ben McNamara as backup. Derek is keeping a chunk of change if needed for mid-season transactions. Sneyd would have been a great addition to the Leopards, but he does not fit the current model for youth, speed and x-factor, although the last one he has in spades. Salford appear to be wading further into the mire. The Forty20 podcast suggested that Salford have an historic debt of around £5M and most of that is with Salford City Council, who are also the landlords of the Salford Community Stadium. No amount of selling warm beer and sausage rolls is going to eat into a debt that huge. The £500K advance will get Salford to the starting line in 3 weeks time but sales of players would have allowed that money to stretch further. They are delaying and holding out for a buy out, but that will not shift the £5M in outstanding debts. Today's meeting will no doubt allow for dispensation on the overseas cap, but it is doubtful that an increase in salary cap will be approved. Increasing the salary cap would skew the competition towards the teams with rich benefactors and sends a bad message at a time when all clubs are loss making.

https://www.loverugbyleague.com/post/ma ... -half-back Leigh are now out of the running for Marc Sneyd, having tried to poach him before the warm weather training in Lanzarote. Salford have dragged their feet for 2 months now, without actually selling any players. The plan seems to be recoup some money from actually sales, at a time when 99.9% of players are sold/leave without a buyers fee. Derek has also done an interview in which he talks about the similar position Leigh found themselves in back in 2018. It would appear that Warrington provided a cash injection buying two players and the rest of the squad were moved on to reduce the salary cap. Reading between the lines, cash strapped Salford want income and a reduction in salary cap at the same time, all from a weak sellers position. Leigh are going to start the season with Gaz O'Brien, with Ben McNamara as backup. Derek is keeping a chunk of change if needed for mid-season transactions. Sneyd would have been a great addition to the Leopards, but he does not fit the current model for youth, speed and x-factor, although the last one he has in spades. Salford appear to be wading further into the mire. The Forty20 podcast suggested that Salford have an historic debt of around £5M and most of that is with Salford City Council, who are also the landlords of the Salford Community Stadium. No amount of selling warm beer and sausage rolls is going to eat into a debt that huge. The £500K advance will get Salford to the starting line in 3 weeks time but sales of players would have allowed that money to stretch further. They are delaying and holding out for a buy out, but that will not shift the £5M in outstanding debts. Today's meeting will no doubt allow for dispensation on the overseas cap, but it is doubtful that an increase in salary cap will be approved. Increasing the salary cap would skew the competition towards the teams with rich benefactors and sends a bad message at a time when all clubs are loss making.

https://www.examinerlive.co.uk/sport/ru ... s-30881591 RFL Commercial demand £800K cuts immediately. Salford wave two fingers up at them for 2 months and then spend some more money. No announcement of a takeover yet, and RFL Commercial will not ratify any new signings until they hit £1.2M salary cap. Good luck getting this signing ratified.

https://www.examinerlive.co.uk/sport/ru ... s-30881591 RFL Commercial demand £800K cuts immediately. Salford wave two fingers up at them for 2 months and then spend some more money. No announcement of a takeover yet, and RFL Commercial will not ratify any new signings until they hit £1.2M salary cap. Good luck getting this signing ratified.