www.leighcenturions.com/article.php?id=6067

www.leighcenturions.com/article.php?id=6067

cant wait for next wednesday, hope numbers turn out to hear what has to be said

I just wonder if they are seriously contemplating asking the RFL if they can drop down a division into C1?

Just what i have been waiting to hear. Well said KF and TB.

I wouldn't think so.

It would seem to me, from what has been said from official sources, is that we have a serious short term cash flow problem. If we can overcome that issue then we will be able to operate in the Championship next season. How competitively, that remains to be seen.

Unless we are forced in to entering administration, I don't see what dropping to C1 would achieve for us.

Fair do's, you are probably closer to the people in the know than i am out here in the sticks!

Would administration be a bad thing ?
If i am correct if we went into administration the only punishment from the RFL is points deduction it no longers harms your SL application. If we could avoid relegation as a result next seaseon it wouldn't be that bad AND it would meen that the current contracts we are tied into with catering etc would be nul and void meening we could re negotiate, i may be completely wrong so don't shoot me for suggesting it.

That would be a big big ask next year bear in mind the limit money that is likely to be made available to recruit a squad capable of surmounting a 9 point handicap to avoid relegation.

Yea well we will get 5 off you lot again haha

I was talking about this the other day. There are plenty of pros and cons to doing it.

I think the only significant contracts that the club have are with their staff (players and non-playing) and their tenancy with LSVco. Catering, and all other aspects of the stadiums commercial running, are handled by LSVco. We may be able to renegotiate a better deal with LSVco, but we shouldn't need to go in to admin to secure that.

The consequences of going in to admin would likely be loss of players and other staff, damage to the clubs credibility, potential loss of tenancy at LSVco, and either a 10 point deduction or immediate relegation. This is is almost certainly going to lead in to a spiral of lower income meaning smaller budget, meaning lower income, meaning...

I can't think of any pro's.

The only thing we would benefit from is that we could walk away from our current obligations (i.e. paying the players and staff their wages, maybe what we owe to local suppliers, etc.). I'm not sure anyone wants to see that happen.

Either way, the money we could walk away from owing is probably a pittance compared to the season long budget.

Well done to all in those encouraging statements.

Yes we have problems but they are current, in the medium and long term we have great opportunities.

It is essential we stakeholders (fans) do whatever we can to offset the current challenge - OUR CLUB WILL NEVER DIE BECAUSE IT MEANS TOO MUCH TO US

Thanks to Keith and Trevor for the update -see it comes to those that are patience.

Just read the statement on your website, I really hope it works out for you guys. I used to love going to Hilton Park as a kid and would hate to see another heartland club struggle whilst the RFL prop up clubs like Crusaders and Harlequins.

Also, whilst reading the statement I saw one of your directors is Phil Coffey, and wondered if anyone had a link to a photo of him? I'm just curious as to whether it's the same Phil Coffey I worked with in Manchester a few years back.

Imagine Ricky Gervais charector in "The Office", put glasses on him and youv'e got Phil Coffey.

What trade?

Retail. But the description above does sound like it could be him!

Did your mate ever buy a drink? If he did its defo not this one hes as tight as a Submarine door!

Been told theres no relegation next season amyways

PHIL S SLIM

Phil is in the cardboard game used to own leighton packaging he is about 5ft 6 in is high heels lol and like someone said tight as a fishes

Think they used the phrase 'submarine door', actually Dave!

Whilst there must be a temptation to 'walk away' from our debts, I think you'll find that there are some honourable people running the club. They would not willingly write off what the club owes, especially if it's money owed to local businesses, who they would want to continue sponsoring them.

Also, I suspect that HMR&C would not be thrilled at that outcome, either!

Just reread that, it's actually quite positive if I've read that correctly. Small debts, talking to everyone, trying to avoid insolvency?

It'd be interesting to know what the debts amount to, but I'm happy to accept that this is confidential information.

Onwards and sideways.....