Dont forget the GBP 194k that was paid when we sold atkins

Not being funny here, but have we [iever [/ipaid any tax to HMRC since we joined SL? It doesn't look like it...

I'm not privy to all the dealings at the club so I don't have an answer re which period(s) this TAX bill covers, I do know that Image rights aside there are no others.



Not wishing to be dismissive but does it really matter what the £500K is spent on as long as it safeguards the future of the club. Any money raised will go into the kitty that the club needs in order to function and whether it's a Tax bill, an electric bill or settling a caterer’s invoice.



Again I'll state that even if you take a share offer now, before anything is done with the money you and every other contributor will get to choose whether you want to use for the clubs benefit or have it paid back to you. You can even choose to just leave it where it is and wait for more clarity on the clubs situation before making a final decision.

actually yes it does matter, its about securing it for how long, if we are regularly getting in to problems of about the 300-350 k region on tax then the 150k left over over the 500 is going to go pretty soon, and this tie next year we will be in the same boat, if not sooner. This for me is heart vs head and at present i really dont know.

The NEW BoD will be the ones tasked with ensuring that we operate within budgets that don't get us into defecit, easier said than done.

Agreed. There seems to be a cycle of us not paying the tax man on a regular basis, so if and when we raised the cash to pay this one off, how are we going to be able to ensure we are not here again in 12 months time? That has to be the ultimate question

can you see that actually being possible and also being in any way competative in super league in the next 3-5 years, honestly?

Well the current people running the club will be history leaving the way open for a new BoD that can run the club more prudently than the last.



There might be some harsh decisions to make and some fine judgements to balance, we might need to look at youth promotion instead of overseas players. That in turn may not fit our coach's outlook and he may not want to be associated with it or he might feel liberated by it. who knows but one thing is for sure, the fans will have a greater say and there will be more transparency and communication. There surely has to be lessons learnet from the past!

Clan, does your response here not suggest that you like many others on here realise that at this time we simply are not financed for SL and that in the circumstances a drop down the league would make us a more viable proposition for the long term, rather than a potential further 12 months or few years struggling in SL, as was stated on another thread

Honestly, it would be a hard task but that something that Wakefield has always thrived on.



I've used my best judgement over the years to assess the relative playing strengths of Wakefield Trinity and poor squads on paper have constantly amazed me while the more talented squads have often let us down.



In the short term things may be hard but the club and the business will be there to build back up and eventually support a stronger squad.

agree with everything there, sometimes it was better when we had nowhere to go but up, when we did get a bit up we found we only really had the resources and public support to go down again, now we are at a decision stage for fans and club members alike, do we want a club and if so does it have to be a SL club?

Its easy to see now that as a club we needed an ellis westwood atkins etc to come along every year, mainly to sell on and balance the books, we all maybe knew it all along.



my answers to the 2 questions being yes and no by the way

There's much I don't know about the financing and expenditure of the club so I really could'nt say.



I don't think we are that far off being able to break even, maybe a sponsorship or two, maybe a semi wealthy backer or two, maybe some radical backroom cuts.



Who knows what a new ownership would bring, perhaps people unwilling to get involved with the old would welcome a partnership with the new.



We shouldn’t meekly throw our current status in the gutter, we fought too hard to get it and even harder to retain it thus far. A period of reorganisation and then rebuilding could see us prosper. Don't buy into the comments that people make about Newmarket being a pipe dream, Newmarket is no smoke and mirror attempt to gain a franchise it's for real and is likely to happen. When it does we will still have a lot of hard graft to do but we will be able to see light at the end of the tunnel!