Barker picking out more stories off here i see !I Was informed during our game with quinns off a very reliable source regerding players not being paid!!

So where does this reliable source get info?!surely if there was stuff like that ratchford wud have said he's going wire?!why wud he stay with financial probs!the team spirit seems good for a team with financial problems!just bugs me,clubs trying to move forward, new coach,new ground,and people are on here saying were not paying players,show me proof and I will believe it!jeez!

Are you sure that you are not Neil Barker? His sources seem very like your own.



Now I heard from a very good source that Rob Parker was going on loan to Castleford and that was before Parker new about it.

Just playing devils advocate her, but there is an interesting article in the finance pages of tonights MEN, stating that Mr Wilkinsons company has sucessfully applied for a loan to "finance Expansion".

One wonders.!!!

Did anyone say they don't get paid? Sometimes the players get paid on time, sometimes they don't. They do get paid though!

Nothing wrong with businesses borrowing to expand if it is done for the right reasons,if you read the full article it is very complimentary towards Wilkinson Star Ltd.

Sounds identical to our situation at the LSV , one point about the corporate , at Hilton Park we filled the corporate ( 120 covers ) virtually every match and made good money from it as it was reasonably priced , better quality than the LSV and most importantly the drinks were ' normal ' prices .



We now struggle to get people into the corporate at the LSV because the price is more , the food worse and the drinks exorbitant ' relatively ' , we also make less per head out of it , you might well find something similar



Your main revenue stream will be numbers through the gates , you will need massive and long term investement to build your numbers , early doors extra away fans will bolster the numbers , but ultimately that is what will make or break the move to Barton

A statement like that makes me wonder if you are Malcolm White with all the financial knowledge that caused the sale of Station Road? either that, or being deliberately mischievous



The NWBF is a commercially operated fund that lends to businesses who want loans in what is often called the 'equity gap'. This is where a business wants an expansion/growth loan but because equity investors tend to not operate below a £2 - £2.5m investment threshold there is a gap in the market where the NWBF sub-funds step in. Hence, the NWBF is a good source of investment finance for any business able to present a growth/expansion business case.



A business receiving a loan for "finance expansion" is very good news for the business!!!! so wonder not.

Wash your mouth out with soap sir.!! Malcolm White indeed.



Time will tell if your assumption is correct or not after all would the companies own bank not be the first port of call. I do accept that the lending criteria of most banks is extremely rigid but one wonders that if the business is financially sound then they wouldn't have a problem.



I do take on board your comments regarding the NWBF being a good source of investment but the "financial expansion " can cover a multitude of sins.



There is that mischevious side comming out again. lol

The NWBF terms can be preferential to those of the bank when it comes to expansion/investment loans as opposed to just a general working capital loan. The point being you go the bank generally formore short-term loans whereas for a longer term loan (investment) then you'd want equity finance which is genarally not available below £2m. A bank judges you on your ability to re-pay and charges interest accordingly (using a rediculously mechanical approach these days but that is another story!), investment monies are offered based on a risk based judgement of an ability to expand/grow the business often meaning the terms are better. That's partly what would make me think it a good thing if looking at the business as an outsider - an ability to obtain investment capital over general cash loans shows a longer term confidence by the funding provider - it also makes commercial sense to the recipient as the terms will be better.



as for "Finance expansion" in explanation marks again. I'm guessing you don't know the funding rules and criteria of NWBF and the sub-funds (and why would anyone really unless they've had to?!). They are restricted from what I would call 'cash-flow' deals due to the nature of the NWBF and the the financial instrument mechanisms that established it (which is what I worked on).



Back to the thread...



The fact that Salford are still going when the likes of Oldham, Rochdale, Swinton, Widnes etc. have been through what they have over the years should give confidence to us that those running the club will do what uis right. It is a business - and hence, quite rightly it shouldnt be plastered all over our forums and we as just fans have no intrinsic 'right' to know the fine details. Being even more harsh - most of us wouldnt understand the fine details anyway! All this thread shows is that 'guessing' or 'insinuating' from scraps of information or even rumours is pointless.

I'm surprised this sort of poop stirring hadn't surfaced earlier, but we are a little over three weeks from the Franchise decision day so expect more.

Have a bit of faith.

I agree wholeheartedly that club business should be kept to the inner sanctum of the board room.



I do however draw your attention to your following quote "The fact that Salford are still going when the likes of Oldham, Rochdale, Swinton, Widnes etc. have been through what they have over the years should give confidence to us that those running the club will do what uis right" you are overlooking the fact that only last year Salford were bailed out by the council with a loan to assist day to day running of the club. So it seems as we all know that there are no Rugby clubs making money on a day to day basis.

It is enlightening to speak with someone who does however have o good reasoned knowledge of business matters.