I have not made bids for any club. My priority is helping the @SalfordDevils Trustees https://t.co/mfvRmkKc3y
that is marwans tweet to reply to rumours
So that’s means he is interested then. Cleverly worded. Don’t blame him really , Salford surrounded by empty seats and mounting bills or Gold Coast.
Agree, he’s going from a ‘lower table side’ , With a stadium too far away to create foot fall and attract fans. Empty seats week in week out and poor turnover to...
The same thing in Australia.
If he buys the Titans it can only be to buy the franchise and relocate like he wanted at Salford. Anything else is a financial disaster.
The big thing was he bought Salford and not Bradford. He could have made a difference at Bradford. Salfords fan numbers were dwindling, the move to the new stadium effectively killed off any chance of growing.
Wouldn't want him at Saints its not like we are short of cash, we spend the cap anyway.
I’d agree , At Bradford he could have got them going again. They have the fans (or did) and he would have had the finance to be able to get odslum back from the RFL and improve it.
Salford at the moment would be better off ground sharing with Salford City at Moor Lane. They’d be back ‘home’ and the ground wouldn’t look as embarrassingly empty all the time.
Guess this helps any potential new owner.
Salford Reds Devils get three year loan reprieve
A decision has been made by Salford City Council to extend the holiday on loan repayments from Salford Red Devils.
Salford City Mayor Paul Dennett formally approved the suspension of contributions from the club for 36 months, subject to an annual review.
This is on the condition the club retains its name and honours its previous agreements by playing its home games at the AJ Bell Stadium in the city.
Salford City Mayor Paul Dennett said: “Salford Red Devils is an institution in our city and a huge part of the Salford identity. I believe this decision is in the best interests of the taxpayer of Salford.
“It is concerning to hear about the continued financial difficulties faced by the club, especially in light of the important role that the club has for our city.
“We have agreed to extend the CVA on the club for three years, on annual review. Our accountants will have full access to the club’s accounts and finances and we are determined to turn things around.
“I have met with fans and hope to meet with them regularly until we turn this situation around and help the club stand on its own two feet again.”
The club’s relationship with the council has a long history. In 2013 all creditors entered into a Company Voluntary Agreement (CVA) which sets out terms for a loan to be paid back to the council over a 25 year period. This came about when the new owner took on a historic debt when he bought the club. Previously the City Mayor said it would be a mistake to change the name of the club to incorporate Manchester.
The length of the CVA has not been extended, meaning the club will still have to repay its debt over the agreed 25 years. The council agreed to this on the condition that the club pays the council £17,000 for IT support services and makes a contribution of £30,000 each year to the CVA to distribute to creditors.
Humans are more concerned with having than being.
I heard he has his own seat, throne, in the AJ Bell End!