Widnes

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old cas lass
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Widnes

Post by old cas lass » 19 Feb 2019, 19:24

Looks like players won’t be paid this month.
If there’s no investment secured for the 25th Feb they could fall into administration.

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Re: Widnes

Post by Spanishtiger » 19 Feb 2019, 19:36

How can that be when they've had plenty of warning re their funding level for this season, and the chance to release and replace players in order to stay within their budget?

If they were 20 games into the season, and crowds were 1500 under projection then maybe they'd have an excuse,.

But to be short of cash after 1 home game just screams mismanagement.

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Re: Widnes

Post by tigerfeat » 19 Feb 2019, 20:22

Think one of key members of the consortium that was keeping them going as pulled out at short notice ...looks bleak for them now
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Re: Widnes

Post by tigerfeat » 19 Feb 2019, 20:39

Bit mercenary but I'd be monitoring the situation in case gelling is made available
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Re: Widnes

Post by nottinghamtiger » 19 Feb 2019, 20:47

tigerfeat wrote:Bit mercenary but I'd be monitoring the situation in case gelling is made available
Only possible if we let one of our non-fed players go. At the moment we have Millington, Moors, JSL, Clark, Roberts, Rankin and Mata’utia.
I can’t see us letting any of those go at the moment.

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Re: Widnes

Post by castigers2010 » 19 Feb 2019, 20:53

It depends if the RFL or SL give dispensation for the overseas players similar to when Celtic Crusaders went bust. If memory serves me right that's how Widnes were able to get Lloyd White and Hanbury, they were exempt for the first year.

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Re: Widnes

Post by betts21 » 19 Feb 2019, 23:23

One player id look at would be ashall-bott got great potential

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Re: Widnes

Post by Spanishtiger » 20 Feb 2019, 00:02

nottinghamtiger wrote:
tigerfeat wrote:Bit mercenary but I'd be monitoring the situation in case gelling is made available
Only possible if we let one of our non-fed players go. At the moment we have Millington, Moors, JSL, Clark, Roberts, Rankin and Mata’utia.
I can’t see us letting any of those go at the moment.
Every month that goes by it gets cheaper to pay Roberts' contract up and deregister him...

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Re: Widnes

Post by tigerfeat » 20 Feb 2019, 08:24

Yeah not good player on money he will be on making odd sub appearance and taking up a non -fed spot
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Re: Widnes

Post by mart0042 » 20 Feb 2019, 10:28

Normally if a club goes belly up, clubs can get a dispensation on the overseas rule.

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Re: Widnes

Post by old cas lass » 21 Feb 2019, 14:36

Sounds like the Sheffield/Widnes game as been called off.
It gets worse for Widnes.

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Re: Widnes

Post by tigerfeat » 21 Feb 2019, 15:45

What a shocking state of affairs for Widnes club going into admin with 800 grand worth of debt while James rule paid himself over a million quid in the time he was in charge
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Re: Widnes

Post by lurcher » 22 Feb 2019, 00:46

tigerfeat wrote:What a shocking state of affairs for Widnes club going into admin with 800 grand worth of debt while James rule paid himself over a million quid in the time he was in charge
exactly mate and some criticise how our great club is run.
jo brand is eddie warings love child

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Re: Widnes

Post by casjunction » 22 Feb 2019, 23:50

Gone into Administration and if no investors (a term which has an alternative meaning in Rugby League) go into liquidation.
A sorry state for one of the oldest clubs in the game.
Do those in charge of governance and compliance have an idea of what it costs to operate a club.
Are those responsible for compliance unable to recognise financial frailties before they become terminal.
How sustainable is the game.
The salary cap viewed by some from as an encumbrance preventing us from attracting the best or loosing home grown talent.
Imagine the debts clubs would incur if no curbs were in place.
This another opportunity for a thorough review of how the game is funded and how finances are managed.

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Re: Widnes

Post by lurcher » 23 Feb 2019, 01:00

one month in, so whats happened to the sky money they've had?
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Re: Widnes

Post by jackknife » 23 Feb 2019, 07:47

I dont think widnes get anywhere near the sky money sl clubs get thats why leigh got rid of all there players the moment they realise they couldn't get into sl (technically a week before because of transfer deadline)
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Re: Widnes

Post by casjunction » 23 Feb 2019, 13:21

The Sky must have already have been spent.
VAT and other taxes.
There are also wages, running costs as with any other business.
In the off season there maybe little or no income coming in but money will still be going out.
If their revenue consist of Sky payments, match day receipts, sponsorship, golden goal.
It is soon spent.
The persuit of success or survival can easily outstrip income with so few pay days.

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Re: Widnes

Post by old cas lass » 28 Feb 2019, 18:30

Looks like they’ve been saved.

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Re: Widnes

Post by Bolton-tiger » 28 Feb 2019, 22:54

old cas lass wrote:Looks like they’ve been saved.
But how many players would have jumped ship already?

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Re: Widnes

Post by old cas lass » 28 Feb 2019, 22:57

Bolton-tiger wrote:
old cas lass wrote:Looks like they’ve been saved.
But how many players would have jumped ship already?

No idea BT I think 3 officially so far.

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