Re: Salford : Sun Nov 24, 2024 1:55 pm  

Decision day tomorrow.

[Uncle Rico]

Re: Salford : Sun Nov 24, 2024 2:19 pm  

I hope they sort something out but can understand (without knowing the full facts) why other Clubs are taking their time giving the thumbs up as I'd say that any bail out no matter how temporary needs to be a one off with the issues that brought this cash flow crisis on resolved in future.

It's a balancing act isn't it, we are in competition but need (viable) competitors and the pool is small enough as it is, perhaps too small?

Re: Salford : Sun Nov 24, 2024 2:50 pm  

This difficulty should have been brought up before the end of last season ,especially as London Broncos have once more had to suffer relegation.

Re: Salford : Sun Nov 24, 2024 2:57 pm  

Uncle Rico wrote:

I hope they sort something out but can understand (without knowing the full facts) why other Clubs are taking their time giving the thumbs up as I'd say that any bail out no matter how temporary needs to be a one off with the issues that brought this cash flow crisis on resolved in future.

It's a balancing act isn't it, we are in competition but need (viable) competitors and the pool is small enough as it is, perhaps too small?

Well it’s not the first time they have been bailed out this way. Not sure what the different reasons for each time but there as to be a line drawn how many times this can be done. Maybe that’s why the clubs have gone away to think/look at it.

Think this time Salford have to demonstrate that going forward they can be sustainable. Hopefully with the stadium situation sorted out they can get better revenue streams from it and this shows they don’t need to get the begging bowl out again. Salford have done well on the pitch with limited resources if they can replicate that off the pitch they should be ok. Read some are laying the blame at Blease’s feet for this.

[Uncle Rico]

Re: Salford : Sun Nov 24, 2024 4:50 pm  

ninearches wrote:

This difficulty should have been brought up before the end of last season ,especially as London Broncos have once more had to suffer relegation.

Totally agree that viability should be looked at I'm not sure how much the points would have been affected on the IMG Gradings or whether IF it was a case that Salford would have been downgraded below London but a quick check Salford were 8th and London 24th on that particular metric

Re: Salford : Sun Nov 24, 2024 7:04 pm  

IMG criteria.

Finances: Reflects success of fan engagement and business performance
Rewards sustainable investment and sound financial management.

Score max 4.5 which is 22.5% of the total score

I don’t know if Salford revealed their ratings but they did come 12th with 13.97 next on list is Toulouse at 13.58 then London at 12.65.

Actually found their score for finance.

Finance (max score 4.5): – 2.15
Non-centralised turnover £: 1.50 / 2.25
Non-centralised turnover %: 0.15 / 0.75
Adjusted profit: 0.25 / 0.5
Owner investment: 0.25 / 0.5
Balance sheet strength: 0.00 / 0.5