Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 9:38 am  

snowie wrote:

Yes

I've looked, but i can't find anything after May this year.

edit:unless it's what is on Donnymans (yet another) 'I hate expansion' thread...

Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 9:59 am  

snowie wrote:

if you happen to come across one make sure you do your checks as we wouldn't want them to just walk away and leave players having not received wages and with the threat of unemployment, I mean who would be ruthless enough to do that

Would a simple "I'm cashed up, and want to pour millions into a vanity project until I get bored and move on" be sufficient?

[Pumpetypump]

Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 10:05 am  

MorePlaymakersNeeded wrote:

Would a simple "I'm cashed up, and want to pour millions into a vanity project until I get bored and move on" be sufficient?

Well that's the history of the game. When a fickle chancer comes along we believe every word. Leyton Samuel at Bridgend, Scarborough Pirates, the git that took over Feath (same one that messed Cas about?), the bloke at Wakey years back. I'm sure you could name more. Time and time again. We are such a poor sport that we jump into bed with terrible people who will walk away as fast as they arrived.

Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 10:44 am  

Pumpetypump wrote:

Well that's the history of the game. When a fickle chancer comes along we believe every word. Leyton Samuel at Bridgend, Scarborough Pirates, the git that took over Feath (same one that messed Cas about?), the bloke at Wakey years back. I'm sure you could name more. Time and time again. We are such a poor sport that we jump into bed with terrible people who will walk away as fast as they arrived.

Paul Faires at Kent Invicta

Marwan Koukash at Salford

David Argyle at Toronto Wolfpack

Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 11:12 am  

Donnyman wrote:

Paul Faires at Kent Invicta

Marwan Koukash at Salford

David Argyle at Toronto Wolfpack

Salford are still in existence and still in Super League.

Even that other M62 club,Widnes,are still in existence,despite the Vaughans and O'Connors of this world.

M62 clubs appear to attract more financially poor operators than overseas clubs.

I await your explanation.

Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 11:17 am  

Ornery Optimist wrote:

Salford are still in existence and still in Super League.

Even that other M62 club,Widnes,are still in existence,despite the Vaughans and O'Connors of this world.

M62 clubs appear to attract more financially poor operators than overseas clubs.

I await your explanation.

Didn't Koukash also gift the club to the fans, debt free? Toronto still exist, no debt to anyone.

Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 6:47 pm  

IR80 wrote:

Didn't Koukash also gift the club to the fans, debt free? Toronto still exist, no debt to anyone.

No. He wrote off the £5.4m he was owed but it still left them over £4m in debt. Latest accounts show 'debts' of ca£4.5m with net liabilities of ca£3.8m (down around £300k from his time there).

Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 6:53 pm  

Mr Dog wrote:

No. He wrote off the £5.4m he was owed but it still left them over £4m in debt. Latest accounts show 'debts' of ca£4.5m with net liabilities of ca£3.8m (down around £300k from his time there).

Thanks, i thought he had made a fanfare of leaving them debt free, but it seems he meant not owing him a debt. The question has to be, who are the liabilities to, and how the rhubarb did they lose that kind of money during his tenure.

Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 7:38 pm  

IR80 wrote:

Thanks, i thought he had made a fanfare of leaving them debt free, but it seems he meant not owing him a debt. The question has to be, who are the liabilities to, and how the rhubarb did they lose that kind of money during his tenure.

Re: Toronto Wolfpack may pull out of Superleague : Sat Jul 25, 2020 8:08 pm  

Mr Dog wrote: No. He wrote off the £5.4m he was owed but it still left them over £4m in debt. Latest accounts show 'debts' of ca£4.5m with net liabilities of ca£3.8m (down around £300k from his time there). In fairness to Dr Koukash,he took over from a squeaky clean chair of over 30 years,who ran up large debt. When Dr Koukash left it was unclear how much had been paid and how much was left - as council loans were involved and other financial matters. Two Years After Koukash Took Over Short Time Before Koukash Took Over I don't think Toronto have a Supporters Trust and it may be a one man show now Perez,and possibly others, have left.

Mr Dog wrote: No. He wrote off the £5.4m he was owed but it still left them over £4m in debt. Latest accounts show 'debts' of ca£4.5m with net liabilities of ca£3.8m (down around £300k from his time there). In fairness to Dr Koukash,he took over from a squeaky clean chair of over 30 years,who ran up large debt. When Dr Koukash left it was unclear how much had been paid and how much was left - as council loans were involved and other financial matters. Two Years After Koukash Took Over Short Time Before Koukash Took Over I don't think Toronto have a Supporters Trust and it may be a one man show now Perez,and possibly others, have left.