Re: Cutting the £400,000 : Mon Dec 09, 2013 12:02 am  

'Fun' was meant as a bit of irony considering we have done this plenty of times over the past 2-3 years :/ Sorry if that wasn't clear enough.

Re: Cutting the £400,000 : Mon Dec 09, 2013 12:04 am  

roofaldo2 wrote:

In fact, haven't they already said that the playing staff are ring fenced and that savings will be made elsewhere first?.

I think the wording was "the first team squad will be ring fenced as much as possible"

The board have said that 2014 will be "survival mode". Which means increased income (sponsors - old & new) and decreased expenditure (wages, suppliers).

Which should stand us in good stead for 2015 after we get next year out of the way.

Re: Cutting the £400,000 : Mon Dec 09, 2013 12:17 am  

At least we will have £600,000 more Sky money next season providing we stay in SL as well!

Re: Cutting the £400,000 : Mon Dec 09, 2013 12:25 am  

Bulls Boy 2011 wrote:

At least we will have £600,000 more Sky money next season providing we stay in SL as well!

Not guaranteed, remember the proposed restructure!

Re: Cutting the £400,000 : Mon Dec 09, 2013 12:31 am  

Which proposed re-structure?? First I've heard of this :/

Re: Cutting the £400,000 : Mon Dec 09, 2013 7:49 am  

What about if the fans could buy shares?

*cough*

Re: Cutting the £400,000 : Mon Dec 09, 2013 9:03 am  

New league proposal (2 leagues into 3 etc. ). There are rumours that the £600,000 will be lower as the sponsorship will need to be shared between more clubs.

Re: Cutting the £400,000 : Mon Dec 09, 2013 9:10 am  

Maybe cut like has been said if London miss the start or get relegated which looks very likely.

Re: Cutting the £400,000 : Mon Dec 09, 2013 9:10 am  

daveyz999 wrote:

New league proposal (2 leagues into 3 etc. ). There are rumours that the £600,000 will be lower as the sponsorship will need to be shared between more clubs.

If this happens i can see other SL clubs having money problems.

Re: Cutting the £400,000 : Mon Dec 09, 2013 9:52 am  

Selling players and reducing wages (as we did) is a double whammy as far as cutting the gap in the shortfall, tackling debt is a little bit harder.
Lge Exp mentions Gale to Hull and Sammut also leaving and the playing squad having to take a 10% salary cut in order to satisfy the RFL that you are doing your level best to avoid administrsation.
I wonder if, as we were you, have been told to avoid administration at all costs or face relegation?
Clearly both clubs seem to be taking a more responsible approach to sorting matters in house than taking the easy (?) route.