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Re: Grim at Salford : Sun Jan 27, 2013 9:51 pm  
freddies wig wrote:
Millionaires don't make money by giving money away.

Set the naive switch to full


Ye just like Simon Moran and ken Davy their making millions out of wire and the giants are they? At the end of the day all these men are sport obsessed and have the money to buy and create successful sports teams, and that's up to them, like I said you don't need to spend 10s of millions to create a winning RL team.
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Oh hali hali hali hali halifax

Re: Grim at Salford : Sun Jan 27, 2013 10:01 pm  
I don't disagree about the cost of building a team

I wasn't talking about him building a team. I was talking about him spending - your words - over £10 million on a part share of a stadium and "giving" it to Salford.

Millionaires don't make money by giving large sums away
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Re: Grim at Salford : Sun Jan 27, 2013 10:08 pm  
What do you mean give it to Salford? He is SALFORD now. John wilkinson owned the willows but it was still Salfords ground, marwan Kaukash isnt just an investor he's our new chairman.
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Re: Grim at Salford : Mon Jan 28, 2013 2:20 am  
Oh My God, Red league, you have annoyed me so much I have had to spend the last hour trying to remember my log in.

Firstly a sound business man will keep as many parts of his business separate from each other, just in case. he will keep the stadium separate from Salford. If he wants to walk away then he can, and still have a have a viable money making business. If both Salford and sale fold then he has land that he can build on. he has not invested 10.7 million in Salford, he has cleared Salford’s debts 700,000 and then is probably taking a majority share in a separate business costing 10 million.

Could it be that he wants the stadium business for 10 million and the only way he could get it was to spend 700,000 on Salford and will keep them going for a while and then pull out leaving him with a stake in a stadium with the rights to build housing or other businesses on the attached lands worth more than the 10.7 million he had to spend.

I hope I am wrong because I do like Salford, I just don’t like you lording it up on this site because you have kept a licence you do not deserve as your financial plan was speculative and failed the first time and now you get a second chance in the same division instead of having to start again.
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Re: Grim at Salford : Mon Jan 28, 2013 8:52 am  
Always Travelling wrote:
Oh My God, Red league, you have annoyed me so much I have had to spend the last hour trying to remember my log in.

Firstly a sound business man will keep as many parts of his business separate from each other, just in case. he will keep the stadium separate from Salford. If he wants to walk away then he can, and still have a have a viable money making business. If both Salford and sale fold then he has land that he can build on. he has not invested 10.7 million in Salford, he has cleared Salford’s debts 700,000 and then is probably taking a majority share in a separate business costing 10 million.

Could it be that he wants the stadium business for 10 million and the only way he could get it was to spend 700,000 on Salford and will keep them going for a while and then pull out leaving him with a stake in a stadium with the rights to build housing or other businesses on the attached lands worth more than the 10.7 million he had to spend.

I hope I am wrong because I do like Salford, I just don’t like you lording it up on this site because you have kept a licence you do not deserve as your financial plan was speculative and failed the first time and now you get a second chance in the same division instead of having to start again.



Or could it be that your clutching at straws trying to think of anything negative hoping it doesn't work out? The sport is on its backside as it is so you better hope more people like our new chairman come to the rescue for the good of the game, just one thing why should we of started again?
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