Quote="Kosh"Hardly, since my original point was that the 1.25 million figure was the combined debt of both clubs prior to the merger and not some kind of inducement paid to only one half. And the article backs that up. The Gateshead BOD bought out Lloyd, merged the clubs, and received the cash to pay off the [icombined[/i creditors.
Anyway - I'm off to bed now. Feel free to have the last word.'"
QuoteIt also arrived shortly before a Super League cash sweetener for merging clubs is reduced by £250,000 at midnight on Thursday.
Until then a £1.25m bonus from television money is available.'"
Quote="Kosh"Hardly, since my original point was that the 1.25 million figure was the combined debt of both clubs prior to the merger and not some kind of inducement paid to only one half. And the article backs that up. The Gateshead BOD bought out Lloyd, merged the clubs, and received the cash to pay off the [icombined[/i creditors.
Anyway - I'm off to bed now. Feel free to have the last word.'"
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