It's probably just a PR stunt to get some more media attention, he'll be back in the club in a few days.

Probiz's "investors" don't do it to make money, they do it to lose a pre-ordained amount of money. Probiz's main business is tax avoidance schemes where making a loss somewhere can be very advantageous elsewhere.

I fail to see what relevance this has to be honest, but, the Glazers thought United were undervalued like the Irish racehorse owners before them and the banks must have agreed also as they bought the Club on debt forced upon the Club.



The incorrectly vilified CEO David Gill (top bloke btw) had a legal duty to report various Glazer bids to the Shareholders who ultimately accepted what was effectively a hostile take over when the price per share reached a certain level. I'm no expert, but, once a percentage of shares are bought it triggers a must bid for all remaining shares. United were saddled with a debt with interest that they didn't have previously as well as the family taking out pots of cash for themselves for all their 'hard work' and hopefully a rising share price so if they ever did sell it would be for silly money, share price drops sit tight take out your divvie.



I don't think that RL is based on the same financial base model, so the idea of leverage and investors and debt and syphoning off money is a big ask even in Featherstone, although I get the point about the supposed investment being turned into a loan and then someone runs off with money from Sky.....there's not much growth potential relatively speaking and people could see it for the scam it would be as it is more than likely based on an instant return rather than a long term plan.

I suppose that explains the 13 or more 'dissolved companies' in his Companies House records

The relevance was to the question before mine.

It certainly was having read it

I used similar "investigative" research in looking into Ryan Whitcut of Bradford Bills fame. I was told I was wrong about him........no need to remind me how that panned out for the Bills.



As for "investing" in RL and losing money.......David Hughes at London is the example on which the book should be based......2 million + a year between 2008 and 2013........I reckon it's over 13 million he's flushed down the toilet with nothing other than a couple of youngsters who may (or may not) go on to greater things. People don't "invest" in sports club and they certainly shouldn't ever expect to see any of their cash back again.



2,500,000 is the figure needed to be able to spend to the cap in SL2/Championship next year (depending on which version of the rules yet to be agreed you believe)......at 20 notes a ticket and based on 15 home games including making the middle 8 and getting 4 more home ties that's an 8,333 average attendance.......SKY cash and sponsors etc may reduce that by 50% but the reality is that even top end championship clubs are 3k fans short of having a snowballs chance of competing with the top tier.....

...best chance of going up after this year is if Wakefield go tits up or the Dr gets bored at Salford.

Minimum ' step up ' level is around where Widnes were 3 years ago, averaging close to 4,000 ,even after moving up and having shown improvements their crowds havent grown that much



But the opportunity is there

Never say never......well, almost never

An interesting summary of last nights fans meeting here :- www.totalrl.com/forums/index.php ... m-tonight/

An interesting summary of last nights fans meeting here :- www.totalrl.com/forums/index.php ... m-tonight/

The main thing is that everything seems to be sorted out - good luck for the future.

It all seems a little bit like...."and its all fixed, just like that". After all that fuss is it really that simple??