Michael Carter former CEO was appointed as an independent consultant, brought into Salford by the RFL to investigate the current financial situation. He was well known for running Wakefield on a shoestring and was considered by many (except for Salford fans) to be a good man for the job. The announcement by Salford Red Devils yesterday shows things to be in a worse situation than anticipated from only a few weeks ago.
Rumours suggested that last years salary spend was £1.7M leading Salford fans to boast of the clubs financial acumen, able to run a top 4 team on the lowest budget. This is now shown to be total bs, and that after spending for the 2025 season, Esan Marsters, Chris Hill, et al, they are now at £2M and need to remove £800K, which is now £100K more than pre Christmas forecast.
Anybody feeling sorry for Salford Red Devils should listen to https://www.youtube.com/watch?v=Ez7KhbzU_GQ which allows an insiders view of how the club has been run for the last 5 years and the business model they have used. I am starting to feel sorry for the fans, who have been sold an absolute kipper.
Michael Carter former CEO was appointed as an independent consultant, brought into Salford by the RFL to investigate the current financial situation. He was well known for running Wakefield on a shoestring and was considered by many (except for Salford fans) to be a good man for the job. The announcement by Salford Red Devils yesterday shows things to be in a worse situation than anticipated from only a few weeks ago.
Rumours suggested that last years salary spend was £1.7M leading Salford fans to boast of the clubs financial acumen, able to run a top 4 team on the lowest budget. This is now shown to be total bs, and that after spending for the 2025 season, Esan Marsters, Chris Hill, et al, they are now at £2M and need to remove £800K, which is now £100K more than pre Christmas forecast.
Anybody feeling sorry for Salford Red Devils should listen to https://www.youtube.com/watch?v=Ez7KhbzU_GQ which allows an insiders view of how the club has been run for the last 5 years and the business model they have used. I am starting to feel sorry for the fans, who have been sold an absolute kipper.
[quote="Septimius Severus":1tnq55hg]Yes. Not sure why we didn't go for Shorrocks when he left Wigan.[/quote:1tnq55hg]
Maybe Salford offered more, hence their situation now.
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