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www.sportinglife.com/rugbyleague ... olumn.html
So despite huge financial losses (regardless of who the money is owed to) and contributing sod all league position wise quins are safe.
Looks like the media have made their minds up. It's Wakey or Cas 
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www.sportinglife.com/rugbyleague ... olumn.html
So despite huge financial losses (regardless of who the money is owed to) and contributing sod all league position wise quins are safe.
Looks like the media have made their minds up. It's Wakey or Cas 
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| Ralph Rimmer loves TGG (and the Giants). never took too kindly to all the morons going on about shuddersfield. Cas fans did not / do not do that so much...however fans of one club can't help themselves........oh dear 
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| Quote who needs flankers?="who needs flankers?"www.sportinglife.com/rugbyleague/news/story_get.cgi?STORY_NAME=rleague/10/10/12/RUGBYL_Column.html
So despite huge financial losses (regardless of who the money is owed to) and contributing sod all league position wise quins are safe.
Looks like the media have made their minds up. It's Wakey or Cas
'"
Where does it say anything about money owed to anyone?
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| IMO it's wakey I think they have allready been told by the players they have signed and have got rid of most of there top earners I may be wrong but I personally think it's them
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Quote Londo06="Londo06"Where does it say anything about money owed to anyone?'"
Here
viewtopic.php?f=2&t=473946
Other sources inc. BBC have stated this too. You Can't make a £2m loss and not owe anyone, even if it is only the board.
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Quote Londo06="Londo06"Where does it say anything about money owed to anyone?'"
Here
viewtopic.php?f=2&t=473946
Other sources inc. BBC have stated this too. You Can't make a £2m loss and not owe anyone, even if it is only the board.
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| Quote Ceejames="Ceejames"Ralph Rimmer loves TGG (and the Giants). never took too kindly to all the morons going on about shuddersfield. Cas fans did not / do not do that so much...however fans of one club can't help themselves........oh dear
'"
God your boring. Another dig at Wakey. How can he know what it feels like, the Giants got relegated because they finished bottom !!!
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Quote who needs flankers?="who needs flankers?"Here
viewtopic.php?f=2&t=473946
Other sources inc. BBC have stated this too. You Can't make a £2m loss and not owe anyone, even if it is only the board.'"
You can actually. If someone lends you money, they you're in debt and you owe it them back. If they give you money, you're not and you don't.
Given that the Quins chairman has stated on record that the club has no debts or overdraft … and he's the man who supplies the money to make up the shortfall between operating income and expenditure … I think we can safely assume that he doesn't want the money back, it's not a loan, and irrespective of the operating loss they make they don't money to anyone.
Oh … and citing RLFans posts as evidence of anything doesn't really work.
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Quote who needs flankers?="who needs flankers?"Here
viewtopic.php?f=2&t=473946
Other sources inc. BBC have stated this too. You Can't make a £2m loss and not owe anyone, even if it is only the board.'"
You can actually. If someone lends you money, they you're in debt and you owe it them back. If they give you money, you're not and you don't.
Given that the Quins chairman has stated on record that the club has no debts or overdraft … and he's the man who supplies the money to make up the shortfall between operating income and expenditure … I think we can safely assume that he doesn't want the money back, it's not a loan, and irrespective of the operating loss they make they don't money to anyone.
Oh … and citing RLFans posts as evidence of anything doesn't really work.
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| Well IMHO whoever gets booted out of super league should get their solicitors and go for the RFL big time.
Level playing field my ar5e.
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| Quote hullkrforever="hullkrforever"IMO it's wakey I think they have allready been told by the players they have signed and have got rid of most of there top earners I may be wrong but I personally think it's them'"
Somebody must have forgotten to tell the Chief Exec and General Manager who addressed the supporters at a meeting earlier this evening, that we've already been told.
You are wrong.
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| Quote Disney cat="Disney cat"Well IMHO whoever gets booted out of super league should get their solicitors and go for the RFL big time.
Level playing field my ar5e.'"
So what is the other options in your opinion ?
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| Quote tb="tb"You can actually. If someone lends you money, they you're in debt and you owe it them back. If they give you money, you're not and you don't.
Given that the Quins chairman has stated on record that the club has no debts or overdraft … and he's the man who supplies the money to make up the shortfall between operating income and expenditure … I think we can safely assume that he doesn't want the money back, it's not a loan, and irrespective of the operating loss they make they don't money to anyone.
Oh … and citing RLFans posts as evidence of anything doesn't really work.'"
quins are 6.4million in debt or at least where as of the 30/11/2009. that is shown on public record and cannot be disputed,
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| Quote tb="tb"You can actually. If someone lends you money, they you're in debt and you owe it them back. If they give you money, you're not and you don't.
Given that the Quins chairman has stated on record that the club has no debts or overdraft … and he's the man who supplies the money to make up the shortfall between operating income and expenditure … I think we can safely assume that he doesn't want the money back, [uit's not a loan[/u, and irrespective of the operating loss they make they don't money to anyone.
Oh … and citing RLFans posts as evidence of anything doesn't really work.'"
Well, it's reported as such. Harlequins have creditors > 1 year in their balance sheet of £6,268,283, which are classed as subordinated loans with a note as follows: Loans are provided by DJ Hughes and I Lenagan for the amounts of £4,176,276 and £2,092,007 respectively. These loans are non-interest bearing and subordinated behind all other creditors of the company.
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