Wakefield Trinity • Re: Relegation Thoughts
vastman wrote:
The council loan is a mortgage set against land that has increased in value. A debt but a hugely positive one.
There are no real directors loans. MC is the sole owner so he can’t really be in debt to himself. That’s not to say he wouldn’t want any money back that he has forwarded the club but I suspect there is no rush as I know for a fact that it’s tiny. I think Glover is still in the mix somewhere but again it’s not huge.
The club is slimmed down with minimum debts almost certainly the lowest in SL and some championship clubs and a new revenue ground development soon to be on tap.
My guess is MC wants out and who can blame him the lack of gratitude he gets.
My guess is he aims to make the club as saleable as possible, whether that means SL or the championship. Whichever the club will look an attractive buy to any new owner.
No your guessing again,you don’t know so bloody zip it
Statistics: Posted by cosmicat — Thu Jun 02, 2022 11:54 am

