Local rugby league side Salford Red Devils have been ordered to sell players by the RFL in an effort to meet financial sustainability regulations amid speculation over new investment.
The RFL (Rugby Football League) has declared that the Red Devils must reduce their salary cap after already putting them under special measures late last year, as doubts surrounding commercial revenue streams and gaps in their finances led to them being given an advance to cover their costs.
With their books having been under a microscope, the club have now been told they have to trim £800,000 from their total overheads, meaning players must be let go as soon as possible ahead of the new Super League season.
Squad members Marc Sneyd, Tim Lafai, Deon Cross and Kallum Watkins have all been linked with moves away and Salford had already made five new off-season signings; they also revealed that they received offers for players before anyone had to be sold. Safe to say their future is as uncertain as the club’s.
With a group of Australian investors said to be in talks to be brought into the club, it is believed the takeover will happen but sustainability issues must be resolved first. Salford Red Devils have been fan-owned since 2018 but a lot of criticism has been levelled at CEO Paul King in recent years.
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The RFL order to sell players has understandably sparked frustration among an already concerned fan base. Subsequently, the Devils have now shared a lengthy statement responding to reports.
“Over recent months, there has been repeated media speculation on the Club’s financial position”, it begins. “We have purposefully maintained a level of silence since our last statement, not out of avoidance, but out of necessity due to the sensitive nature of our ongoing discussions with potential investors.
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“Our discretion has been to maintain and ensure the integrity of those discussions, bound by Non-Disclosure Agreements, and to protect our Club, players and staff.”
It goes on to explain that the takeover prospects are still alive and well, though many details are still unable to be disclosed. One thing that is clear is that the club must sell players “without delay” in order to fall under the issued sustainability cap of £1.2 million, adding, “Until we reach that, we are now prohibited from registering players for the upcoming season
They also clarified that advance funds were handled solely by the RFL themselves, not misspent or directed to specific areas by the club. Regardless, there is a lot of frustration and disappointment among the supporters, with many simply questioning, “Where has all the money gone?”.
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Another person wrote: “Not one bit of accountability from yourselves, seems like it’s everyone else’s fault. I do hope you survive for your fans, but your club has been mismanaged now for nearly a decade.”
Also the board, which is made up of good people that will be genuinely devastated that on their watch and management the club is going through this.
Salford Community Stadium is also now operated by the City Council as of 13 December 2024 and they are hoping to discuss ways to help it drive revenue soon now the new year is well underway. It is also shared by fellow Super League side, Sale Sharks.
On the other hand, a subsidy grant from the Council was expected to arrive and assist with funding for the year ahead, but it was ultimately deemed to be unavailable back in November, adding yet further financial pressure.
The club go on to add that they “empathise and understand the frustration of our fans and are deeply sorry to reach this position” but for many the worry won’t subside until the takeover is complete.
It is believed that a total of three different bidders had come in to potentially buy the club by the end of last year, but the current consortium is now seemingly waiting for the current setup to remedy the present situation before pulling the trigger.
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Put simply, it’s all a bit messy but the club have assured a light is at the end of the tunnel.
While this new venture is focused on youth football, it’s their second in the United States after New York City FC and could help create new pro pathways into the sport at a grassroots level.
Introducing CFG franchise number 13: Man City North Texas FC.
As per an official statement on their website, “Man City North Texas FC delivers youth soccer programs for boys and girls aged 8–19, led by Manchester City coaches and built on the same coaching methodology developed within the Club.
“Every session is designed to help players become better soccer players, technically, tactically, and mentally, through modern, enjoyable training that builds confidence on and off the pitch.”
Basically serving as another academy setup across the pond, North Texas FC will no doubt help not only develop and create opportunities for aspiring young footballers over in the US, but likely serve as yet another feeder programme/outlet for tapping up the latest American talents.
We’ve already seen fairly recently examples such as ex-players Jack Harrison and Zack Steffen coming through the likes of New York and remaining on City’s wider books and either making the move over for a taste of first-team football or being loaned out to other teams.
Even if they ultimately go on to be sold, the aim is to help nurture youngsters and promise three main takeaways: an “authentic Manchester City methodology”, delivered by actual MCFC coaches, and a clear development pathway.
CITYCOACH gives coaches around the world access to the Manchester City methodology – sharing the knowledge, practices, and philosophy that shape how we develop players at every level ⚽️
This most recent ‘youth soccer club’ is just the latest in a long line of fresh Manchester City Football Programs created over the past decade or so, with coaching now being provided to children of all ages across a total of 38 cities in 14 countries.
At present, more than 40,000 kids are estimated to participate in these schemes every year, and thanks to Man City North Texas FC, that number is set to climb even further.
So, if you or someone you know happens to be based in or near the ‘Mean Green’ sporting hub of the ‘Lone Star State’, you can register interest HERE.
Meanwhile, in news closer to home, there are plenty of other big developments happening over at the Etihad Campus. Find out more down below.
The Premier League is keeping its crucial cap on away game ticket prices – for now
Danny Jones
The Premier League has announced it is extending its crucial price cap for away games, as the general cost of match tickets continues to creep up all over the country.
Most season card holders, be they here in Greater Manchester or elsewhere, are likely looking at their annual spending going up simply, so steps like these are key in keeping first division football as affordable as possible.
And that’s just the ongoing cost of living, let alone the clubs that are continuing the trend of charging more each year and, unfortunately, even pricing some supporters out entirely.
With that in mind, the news of England’s top-flight sides voting unanimously to keep the £30 cap intact for at least another two years comes as relief to those who spend most of the year putting their hard-earned cash towards following their team home and away.
BREAKING: The Premier League extend £30 cap on away tickets for another two seasons 🚨 pic.twitter.com/L336aZwmn3
Now confirmed to remain in place until the end of the 2027/28 campaign, travelling fans obviously still spend plenty of money on transport and so on every year, but at least they don’t have to worry about rising general admissions.
At least not for the time being…
Writing in a statement, the Premier League said: “Away fans help create the incredible atmosphere Premier League matches are renowned for. Since the cap’s implementation in 2016, it has contributed to attendance at away games increasing from 82% to 91%.”
They also acknowledged the significant and regular funds that supporters still spend on these trips, with plenty of people online also praising the Football Supporters’ Association (FSA), which helped spearhead the campaign over a decade ago.
With so many other obstacles still getting in the way of fans making it to games either at their usual stadium or on an away day – not least of all the constant and increasingly frustrating rescheduling of fixtures – it’s good to see this isn’t an area the Prem are trying to target.
As always, the multi-billion-pound business can always seek out other, newer money spinners, and we’re absolutley certain they will. For instance, there’s at least one happening over in Spain that we’d happily see carried over here.
Following the news, this now means that fans will ultimately have enjoyed 12 back-to-back seasons of the benefit, and long may it continue.
Nevertheless, the biggest barrier for people to watch the beautiful game at its highest level in the UK remains the cost of standard tickets.
The likes of Manchester United, Arsenal, Leeds and more have already let matchgoers know that their season ticket prices will be going up, and the likes of Man City have already seen backlash for increasing rates amid the expansion of the Etihad Campus.