Re: Salford placed in special measures : Tue Nov 26, 2024 1:10 pm  

PopTart wrote:

As said above.
It's Salford's money. They are just getting it earlier.

Just like when we needed it.

I appreciate that PT, along with all the other loans they've received, somewhere next season they'll run out of money.
Regarding us we know what happens when you need an advance,you end up with a balance sheet team.

Re: Salford placed in special measures : Fri Nov 29, 2024 1:43 pm  

https://www.totalrl.com/marwan-koukash- ... alary-cap/

https://www.totalrl.com/marwan-koukash- ... alary-cap/

Re: Salford placed in special measures : Tue Dec 03, 2024 5:27 pm  

https://www.examinerlive.co.uk/sport/ru ... ommunities Fire sale may be incoming with this news!

https://www.examinerlive.co.uk/sport/ru ... ommunities Fire sale may be incoming with this news!

Re: Salford placed in special measures : Tue Dec 03, 2024 6:37 pm  

The easiest thing to do is cut the wage bill. I suppose because they are under contract a transfer will be required unless Salford default on salaries which does not appear to be the situation or the agreement with the RFL gives them the power to do so.

Re: Salford placed in special measures : Tue Dec 03, 2024 7:42 pm  

Khlav Kalash wrote:

https://www.examinerlive.co.uk/sport/rugby-league/salford-red-devils-surprise-ex-30507616?utm_source=whatsapp&utm_medium=social&utm_campaign=communities

Fire sale may be incoming with this news!

In all honesty I can't think of anyone better than Michael Carter to sort this out. One thing he won't countenance is spending money that isn't there to spend. I know it frustrated Trinity fans to see him prioritising the balance sheet over the playing squad, but doing the opposite leads down the Bradford route...short term success at the expense of long term financial viability.

Good luck to him, and Salford. Hopefully this is the start of all clubs being financially accountable.

[PopTart]

Re: Salford placed in special measures : Tue Dec 03, 2024 7:48 pm  

AgbriggAmbler wrote:

In all honesty I can't think of anyone better than Michael Carter to sort this out. One thing he won't countenance is spending money that isn't there to spend. I know it frustrated Trinity fans to see him prioritising the balance sheet over the playing squad, but doing the opposite leads down the Bradford route...short term success at the expense of long term financial viability.

Good luck to him, and Salford. Hopefully this is the start of all clubs being financially accountable.

He's not there to help them. He's part of an audit team.

Though I agree they could do a lot worse than employ him.

Re: Salford placed in special measures : Tue Dec 03, 2024 8:37 pm  

I think if Salford are in special measures any player they sell won’t be subject to quota space? Along with some cap space possibly left…

If so I think Esan Marsters would be an excellent signing for Trinity and can play Centre/wing aswell as adding some real size to the back line a bit like Tupou in stature and build plus only 28 years old with NRL and international experience….

Re: Salford placed in special measures : Tue Dec 03, 2024 8:48 pm  

Is there a precedent for that? Surely one team can’t just sign McDonald, Lafai, Marsters, and Nikorima. And what happens after 2025?

But you’re right Scarlet - unless there’s some manic financial mismanagement going on, I don’t think Salford have anything much to cut other than their squad. They’ve probably got the 6th best squad on paper with almost nothing underneath them, as IMG found out. If cuts are coming, they’re coming in the shape of those players mentioned above. It’s all pretty sad, and I hope they can get on their feet soon. Perhaps a year in the Champ is just the tonic.

Re: Salford placed in special measures : Tue Dec 03, 2024 9:03 pm  

The RFL tends to only allow quota players to be exempt when their employer goes into administration in order to not prejudice their chances of finding another club, when many teams have filled their quotas.

[PopTart]

Re: Salford placed in special measures : Tue Dec 03, 2024 9:19 pm  

Scarlet Pimpernell wrote:

The RFL tends to only allow quota players to be exempt when their employer goes into administration in order to not prejudice their chances of finding another club, when many teams have filled their quotas.

That's not what is happening here though.
They are not in administration.
The RFL have agreed to an advance but are reviewing their finances to see if everything is above board....and what criteria they need to follow to meet the standard agreed for the advance.
Costs savings don't have to be an overseas player.