Re: MC looking for new Investors : Fri Sep 09, 2022 1:05 pm
When Steve Parkin was interested before he was willing to pay every single creditor, player and staff member in full to the tune of around £3.3million. He’d already spent £200k+ on due diligence, finding 1 or 2 skeletons that hadn’t been revealed to him but he said “it’s pocket change and makes no difference”.He promised the RFL that Wakefield would never ever again suffer a financial crisis or embarrass the sport again. He also pledged to build the best training centre outside the top Premier League clubs and to give England teams free use of it.
It was a time of franchises and all he asked was an assurance that having spent the best part of £4 Million investigating the club, clearing debts etc that he wouldn’t find himself with a very very expensive Championship Club. I suspect a nod nod wink wink would have sufficed but the RFL refused (rightly or wrongly maybe naively) so he walked away, can’t blame him.
Glover took over, and the rest is history