Salford City - moving to AJ Bell stadium (P9)

Blue Mist said:
No one is complaining about anyone, even a Rag investing, in a football club and I am unsure why you are comparing this lot to City. We are debt free, the mini rags mark II are 3 million pound in debt. I asked the question would any other non league side be allowed to borrow so much money to finance their way into the football league ?
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Because the debt will be shareholder loans or loans secured by the same. Investment either way.
 
Vienna_70 said:
Or, the simpler answer that has already been given, it’s because the owners are high-profile rags!
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What has that got to do with anything? They are multi millionaires who have invested and or guaranteed loans on investment.

So in the future, Augero, Kompany, Zabbaleta and Silva invested millions in Stockport County, you would be against it?
 
Keeper! said:
Because the debt will be shareholder loans or loans secured by the same. Investment either way.
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I am no financial wizard but the OP stated they had reported a 3.3 million trading loss. A loss is not a loan from a shareholder as far as I know. A loss is when you pay out more in wages etc than you actually earn.
 
Blue Mist said:
I am no financial wizard but the OP stated they had reported a 3.3 million trading loss. A loss is not a loan from a shareholder as far as I know. A loss is when you pay out more in wages etc than you actually earn.
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I think we posted a £197 million loss in 2010-11. It’s not really an issue if you have a benevolent owner like we have, and I think it’s fair to say the owners of Salford City are benevolent too. Sure, they won’t want to keep on posting losses but they have a plan to grow the club just like our owner did.
 
Keeper! said:
What has that got to do with anything? They are multi millionaires who have invested and or guaranteed loans on investment.

So in the future, Augero, Kompany, Zabbaleta and Silva invested millions in Stockport County, you would be against it?
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Who said I am against it?

I was providing an answer to the question question as to why Salford receives such an easy ride from our "fantastic" sports media.
 
Sacked manager who was unbeaten after 5 games in 5th. (Shades of Peter Reid)

replaced by Scholes - shades of Oldham or Neville at Valencia.
 
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