Quote ="gutterfax"Wrong again sherlock!
We have a backer who owned 35% of the club was having to cover 100% of the losses. As it is, we have no losses as he has covered them.......operational losses, yes, but name me a SL club who hasn't got a red balance sheet. We have plenty of cash (DH does). What was questioned was why Ian Lenegan was allowed to hold the club to ransom over his investment.
I repeat..no loans, no overdraft....pretty healthy so long as DH is prepared to invest.
SO DO WE......
....but all our bills are paid, as are the wages.......thank god for DH........kind of like Mr O'connor at Widnes.
. No.......no rules have been broken...we have plenty of cash available but the issue of lenegans share holding needed to be sorted...it has been!
Now I know you are mad!
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Fair enough gutter-fax ,Like i said i think every 1 is going overboard with all this, if it is as you say,They need to read the small print before jumping in, bye for now, and yes prob mad thinking u would beat warrington but wishful thinking on my behalf
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