Re: D-Day : Thu Nov 22, 2018 5:33 pm
Club StatementWe feel it is appropriate to release a statement regarding the situation currently at Keighley Cougars
There have been reports given regarding the non payment of wages over the last few months, however this information is incorrect reporting.
The players have received payments as detailed since the club has been in the hands of the new owners , a. payment in August , 2 payments in September and a payment in October
This means the players are owed 1 months salary which is due to be paid at the end of November together with the bonus’s which is in line with their RFL contracts
Please note this is all documented in our accounts and bank statements
The Coaching staff have hereditary debt with the Cougars and meetings have taken place with each person to implement a proposed payment schedule.
The payment plans will be executed and cleared by the end of 2018
As a club we are moving forward. Steve Gill is working tirelessly with the RFL to bring the club out of special measures , however the club was already in special measures at the time the new ownership took place
We would like to take this opportunity to thank all the hereditary creditors who have stuck by the Cougars through this difficult time and it is envisaged that all the creditors will be cleared by the end of 2018 , enabling Cougars to move forward into the new season
Whilst formally giving thanks , it is very important to issue a massive thank you to all the staff and volunteers for all the hard work , time and input they have given together with the in wavering support they have provided during this difficult time at the club
We feel the meeting due to take place tonight will be unproductive at this time as we need to move the current situation forward and to put the business on a sustainable path. The meeting will be re arranged at a more appropriate time
It is vital that the formulated business plan continues to make the club totally sustainable and build foundations both for the present day and for the future of the Keighley Cougars