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Re: If Millward had gone sooner ..... : Thu Jul 04, 2013 5:45 am  
RED LEAGUE wrote:
God bitterness at its finest!

Tell you what we'll just keep SL how it is aye same teams at the top same at the bottom, carry on with the predictable playoffs and grand final and take a good comfy seat while we all watch RL die a slow and painful death!


Does this mean that you dont want the debts owed by your club paying ?

You sound just like the wakey lot , who btw are at it again running up huge debts according to their own fans. that attitude stinks just as does the docs attitude to the rules and the salary cap

Jog on sonny and enjoy your team of veterans
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Re: If Millward had gone sooner ..... : Thu Jul 04, 2013 7:38 am  
biggunbrad wrote:
Does this mean that you dont want the debts owed by your club paying ?

You sound just like the wakey lot , who btw are at it again running up huge debts according to their own fans. that attitude stinks just as does the docs attitude to the rules and the salary cap

Jog on sonny and enjoy your team of veterans


What Red League failed to mention is that Dr. Koukash is paying the debts of the OLD regime under a voluntary CVA.
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Salford won't win Super League in my lifetime. Even saying in jest they would sounds stupid.

Re: If Millward had gone sooner ..... : Thu Jul 04, 2013 9:52 am  
Exactly. To suggest Dr Koukash isnt paying debts (which were racked up under the previous regime I might add) is ignorant and even libellous.

Anyway another Rangi related article in the M.E.N, with Mr Barker seemingly confident that deal has been done.

http://www.manchestereveningnews.co.uk/ ... ---4862141
Exactly. To suggest Dr Koukash isnt paying debts (which were racked up under the previous regime I might add) is ignorant and even libellous.

Anyway another Rangi related article in the M.E.N, with Mr Barker seemingly confident that deal has been done.

http://www.manchestereveningnews.co.uk/ ... ---4862141
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Re: If Millward had gone sooner ..... : Thu Jul 04, 2013 12:17 pm  
It is highly unlikely that Koukash will be paying back all of the money owed. A CVA normally writes off 50% or more of the debt and it pays it back in pathetically small amounts.

How I love the UK libel laws. You can't libel Koukash because he has publicly stated that he is a cheat. So I say he has cheated his taxes, cheats companies out of money he owes and cheats on his wife. Why? Because his reputation cannot be tarnished because he has already admitted that his is a cheat.
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Re: If Millward had gone sooner ..... : Thu Jul 04, 2013 12:31 pm  
rhintintin wrote:
It is highly unlikely that Koukash will be paying back all of the money owed. A CVA normally writes off 50% or more of the debt and it pays it back in pathetically small amounts.

How I love the UK libel laws. You can't libel Koukash because he has publicly stated that he is a cheat. So I say he has cheated his taxes, cheats companies out of money he owes and cheats on his wife. Why? Because his reputation cannot be tarnished because he has already admitted that his is a cheat.


http://www.idealcs.co.uk/salford-city-reds-cva/

Following lengthy negotiations with new interested parties, ownership of the Salford City reds licence was transferred to a new unconnected company – Salford City Reds (2013) Limited. The main condition, insisted upon by the sports governing body (the RFL), was the agreement to repay the debts of all non-associate creditors of Salford Football Club (1914) Limited in full.
The reasons for the debt repayment to be structured in this manner is to enable the new regime to service the inherited debt burden without compromising their ambitious rebuilding plans.
.
rhintintin wrote:
It is highly unlikely that Koukash will be paying back all of the money owed. A CVA normally writes off 50% or more of the debt and it pays it back in pathetically small amounts.

How I love the UK libel laws. You can't libel Koukash because he has publicly stated that he is a cheat. So I say he has cheated his taxes, cheats companies out of money he owes and cheats on his wife. Why? Because his reputation cannot be tarnished because he has already admitted that his is a cheat.


http://www.idealcs.co.uk/salford-city-reds-cva/

Following lengthy negotiations with new interested parties, ownership of the Salford City reds licence was transferred to a new unconnected company – Salford City Reds (2013) Limited. The main condition, insisted upon by the sports governing body (the RFL), was the agreement to repay the debts of all non-associate creditors of Salford Football Club (1914) Limited in full.
The reasons for the debt repayment to be structured in this manner is to enable the new regime to service the inherited debt burden without compromising their ambitious rebuilding plans.
.
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Re: If Millward had gone sooner ..... : Thu Jul 04, 2013 4:04 pm  
Fully wrote:
I have absolutely no idea what you're talking about, other than that it's a pretty pee poor attempt at trolling (if you can even stretch to that) about something completely irrelevant that has not even been mentioned in this thread.

Perhaps in your rush to respond to every post on this thread (trolling) you forgot to actually READ the posts/thread.

If you had you will notice that I used the phrase "according to Steve Gill" in my post. Not according to Fully.

Secondly, it has nothing to do with what players are thinking or even Daryl Powell. In fact, the post that I quoted didn't even mention this. You're just making things up now and it's complete gobbledegook.

The info about Clark was referred to an interview on 5Towns FM last Thursday. Ditto Jordan Thompson. If you can be bothered to actually listen to it, it will illustrate that you've just made yourself look a complete fool........................


Fairly long winded response to a post you claim not to have understood!

You understood it alright.
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Re: If Millward had gone sooner ..... : Thu Jul 04, 2013 6:57 pm  
When the question of debts are brought up it seems strange that when a fan of the club in question answers the comment , it's always the fault of the last regime, but the truth is that the debts were the clubs, Salford City Reds, even though you have new owners, the club is still playing under the name of Salford City reds, the same as Bradford Bulls & Wakefield Trinity Wildcats.

It's an easy get out, rack up massive debt & go under, hoping some one will come along & put money into the New debt free club, Mr Glover says he is paying some of the old debt off, & your good Dr, seems to have agreed to pay them back over a large number of years, I suppose the people who are owed the debt are very happy to be receiving a few pound a month.

The Bulls debacle is the worst, suspiciously selling the ground to the RFL, for god knows how much, just before going under, but no one knows where that money went, & for the rest of it's assets, not allowed to be sold to pay the debt, so the team didn't suffer by getting broken up was a disgrace, all efforts should have been made to pay there debts.

I know it's hard on the fans when there club is going through problems, just like my club are doing, the difference is were paying our debt, & not walking away, if we go under you can give us the some flack.

When you read the fans from Salford coming on & saying were buying him, & him & him, & money is no object, just spare a thought for those people who have lost out financially because the Salford City Reds were so badly run, lets hope the three NEW clubs are better run in the years a head.
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Re: If Millward had gone sooner ..... : Thu Jul 04, 2013 7:23 pm  
frank5613 wrote:
When the question of debts are brought up it seems strange that when a fan of the club in question answers the comment , it's always the fault of the last regime, but the truth is that the debts were the clubs, Salford City Reds, even though you have new owners, the club is still playing under the name of Salford City reds, the same as Bradford Bulls & Wakefield Trinity Wildcats.

It's an easy get out, rack up massive debt & go under, hoping some one will come along & put money into the New debt free club, Mr Glover says he is paying some of the old debt off, & your good Dr, seems to have agreed to pay them back over a large number of years, I suppose the people who are owed the debt are very happy to be receiving a few pound a month.

The Bulls debacle is the worst, suspiciously selling the ground to the RFL, for god knows how much, just before going under, but no one knows where that money went, & for the rest of it's assets, not allowed to be sold to pay the debt, so the team didn't suffer by getting broken up was a disgrace, all efforts should have been made to pay there debts.

I know it's hard on the fans when there club is going through problems, just like my club are doing, the difference is were paying our debt, & not walking away, if we go under you can give us the some flack.

When you read the fans from Salford coming on & saying were buying him, & him & him, & money is no object, just spare a thought for those people who have lost out financially because the Salford City Reds were so badly run, lets hope the three NEW clubs are better run in the years a head.


My god! I actually agree with a Cas fan! Absolutely Bob on mate, I and I think all the Salford fans were disgusted when we heard the council were going to bail us out! But thanks god the Dr did, I agree the debts that are already in place are being paid back and granted too slow for the Salford tax payer to notice the difference. However we never got in the same situation as Wakey and the Bulls and i thank god. I have to admit it warmed my heart to see how much the RL community rounded and helped these clubs! If we put all this aside and realise what teh Dr did by saving us did and how it can help our league, yeah we may get Chase from you but look at it another way thats 300K+ transfer fee u guys get to get your ship in order and spend on promoting your great club! A player is a player but the club is more important. i wish the Wire had given us 300K+ for Stef!! We need to all stick together in these times when RL is strugglign and help each other!!

Good luck for the rest of the season and hope u make the top 8

Salford fan in peace, apologies for any previosu posts!
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Re: If Millward had gone sooner ..... : Thu Jul 04, 2013 8:14 pm  
frank5613 wrote:
When you read the fans from Salford coming on & saying were buying him, & him & him, & money is no object, just spare a thought for those people who have lost out financially because the Salford City Reds were so badly run


I would spare a thought for those who have lost out financially,if I knew the full facts.
Unlike the conspiracy involving the RFL with Crusaders - where your former CEO Ferres was praised for helping that club move from South Wales,owing the coach and local businesses money,to Wrexham,where they owed solicitors,doctors and hotels et al.- and at Bradford - the financial difficulties,at Salford,seemed to have arisen due to making efforts to conform to Licensing criteria and find a new stadia within a certain timeframe and financial problems ensued.
The people owed money by the previous regime were 2 players and HMRC.I believe the plan was to obtain a further loan from the council and clear the debt.Reminder

I don't think there was any deliberate delay in payment - unlike the Wrexham scenario where players are still owed money.( The people at Wrexham known to the soccer fans as Toss'n' Robbers - Moss and Roberts )
Will you be venting your anger and frustration with the newly formed North Wales Crusaders ?
Should I be upset that neither Bradford or yourselves have funded a new stadia: and should have all that spare money ?
I agree,people should pay what they owe - but it ain't a fair world.
frank5613 wrote:
When you read the fans from Salford coming on & saying were buying him, & him & him, & money is no object, just spare a thought for those people who have lost out financially because the Salford City Reds were so badly run


I would spare a thought for those who have lost out financially,if I knew the full facts.
Unlike the conspiracy involving the RFL with Crusaders - where your former CEO Ferres was praised for helping that club move from South Wales,owing the coach and local businesses money,to Wrexham,where they owed solicitors,doctors and hotels et al.- and at Bradford - the financial difficulties,at Salford,seemed to have arisen due to making efforts to conform to Licensing criteria and find a new stadia within a certain timeframe and financial problems ensued.
The people owed money by the previous regime were 2 players and HMRC.I believe the plan was to obtain a further loan from the council and clear the debt.Reminder

I don't think there was any deliberate delay in payment - unlike the Wrexham scenario where players are still owed money.( The people at Wrexham known to the soccer fans as Toss'n' Robbers - Moss and Roberts )
Will you be venting your anger and frustration with the newly formed North Wales Crusaders ?
Should I be upset that neither Bradford or yourselves have funded a new stadia: and should have all that spare money ?
I agree,people should pay what they owe - but it ain't a fair world.
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