Re: AGM/EGM tonight : Wed Jan 05, 2011 4:48 pm  

braytontiger wrote:

to me this smacks of a final attempt from the club to fleece a bit more money from its supporters before they drift off into the sunset,if and its a big if the 500k is raised and then the club doesnt get a franchise the shares become almost worthless and i guess the club would go into administration after a struggle.

if it was my club i would find a way to raise the 1k needed to do my bit but it would be in blind faith so i understand those that will empty their pockets for the club.

a question id be wanting to know would be if the club has got its self into this position despite selling its assets and reducing the wage bill no end how can it afford to continue and continue has a viable business,imo it cant.

the rfl can see this and will also use this as a valid reason for saying wtw cannot function has a full time club.it all looks to be coming to a sorry end and i hope you find investment from somewhere but nobody would invest in something thats going out of business when it can be bought for next to nothing in the near future.

its all very sad tbh

Careful

If Leeds and their QC don't pull this legal challenge in the high court off then the whole of SL is is up crap creek and we could see a whole raft of clubs going bankrupt and doing a phoenix job... I would think Cas would be on that list!

Also Saints are £8m in debt and seven figure tax bill could hit them hard and given Leeds are going to spend £10m on the new South Stand, it might end up being more 'basic' if they have to fork out £2m to the tax man... who will not wait for his money!

Re: AGM/EGM tonight : Wed Jan 05, 2011 4:50 pm  

kinleycat wrote:

Charlies gone all quiet! I think he's realised he's been rumbled!!
More fizzy wine than champagne!!!!

Hes popped his cork prematurely.

Probably something to do with spending all that time with the fairies!!!!!!!!!!

Re: AGM/EGM tonight : Wed Jan 05, 2011 4:53 pm  

Bullseye wrote:

Cheers IA. Seems to be a solid case that Leeds have. When's it due to be heard?

Not sure when the case is due to be heard but I understand that Leeds and the RL are going to be updating the rest of Super League on progress before mid-Jan.

It might not get to the High Court as the HMRC legal team might realise they are on a losing wicket anyway and give in on the High Court steps... but I doubt it will be before they get close to court!

Re: AGM/EGM tonight : Wed Jan 05, 2011 4:55 pm  

Inflatable_Armadillo wrote:

Careful

If Leeds and their QC don't pull this legal challenge in the high court off then the whole of SL is is up crap creek and we could see a whole raft of clubs going bankrupt and doing a phoenix job... I would think Cas would be on that list!

Also Saints are £8m in debt and seven figure tax bill could hit them hard and given Leeds are going to spend £10m on the new South Stand, it might end up being more 'basic' if they have to fork out £2m to the tax man... who will not wait for his money!

i dont doubt it for a minute,every club has its debts just look at manchester united.

Re: AGM/EGM tonight : Wed Jan 05, 2011 4:56 pm  

TwoBlues wrote:

A Leeds United fan pontificating about finacial prudence.

A NIMBY troll.About all WTW supporters need right now

Mate, i am not fussed either way about this.....honestly!!! but there you go again with the NIMBY thing.

I am merely pointing out what might be the view of people who do not have a biased opinion of wanting their Rugby club to survive on the basis of a new ground being built.

These people just live next to where it is going to be unlike most of the people on here!

Re: AGM/EGM tonight : Wed Jan 05, 2011 5:00 pm  

Inflatable_Armadillo wrote:

Careful

If Leeds and their QC don't pull this legal challenge in the high court off then the whole of SL is is up crap creek and we could see a whole raft of clubs going bankrupt and doing a phoenix job... I would think Cas would be on that list!

Also Saints are £8m in debt and seven figure tax bill could hit them hard and given Leeds are going to spend £10m on the new South Stand, it might end up being more 'basic' if they have to fork out £2m to the tax man... who will not wait for his money!

Listen mate, you are talking utter tripe........stop the lies IA, the tax you were bailed out for was NOTHING to do with image rights......stop peddling this garbage, it does you NO favours!!

Re: AGM/EGM tonight : Wed Jan 05, 2011 5:02 pm  

champagnecharlie wrote:

Listen mate, you are talking utter tripe........stop the lies IA, the tax you were bailed out for was NOTHING to do with image rights......stop peddling this garbage, it does you NO favours!!

IA is a Leeds RL fan and he hasn't said it is what Rodney paid he was responding to a question from Bullseye about image rights payments

Re: AGM/EGM tonight : Wed Jan 05, 2011 5:03 pm  

champagnecharlie wrote:

Mate, i am not fussed either way about this.....honestly!!! but there you go again with the NIMBY thing.

I am merely pointing out what might be the view of people who do not have a biased opinion of wanting their Rugby club to survive on the basis of a new ground being built.

These people just live next to where it is going to be unlike most of the people on here!

I am loving you tonight RB!

I live near it (unlike 95% of the people objecting) and don't support Wakefield... go figure! Clearly I am an evil genius!

Why don't you come down to Stanley Rangers next Tuesday night, 7.30pm. Lets have proper face-to-face chat... I will even bring a bottle of Moet (I doubt they sell it at the Rangers bar!). It is shame actually because I had a bottle of 1990 vintage Mumm Cordon Rouge but we drunk it on New Years eve... it was great though... if you like Champagne?

Re: AGM/EGM tonight : Wed Jan 05, 2011 5:04 pm  

champagnecharlie wrote:

Listen mate, you are talking utter tripe........stop the lies IA, the tax you were bailed out for was NOTHING to do with image rights......stop peddling this garbage, it does you NO favours!!

Re: AGM/EGM tonight : Wed Jan 05, 2011 5:06 pm  

It's like village idiots r us in here at the moment.