Cash-hit Hornets look into cost saving plans
ROCHDALE Hornets have confirmed that the club held discussions with the playing and coaching staff this week relating to potential payment reductions in 2018.
The discussions are ongoing and the club is working closely with the playing group to resolve this matter as quickly and efficiently as and is taking appropriate playing Championship being made to cut club and as such, the possible. action to recover the rugby league and a lack of operational expenditure board is currently
Unexpected poor situation. sponsorship uptake for and generate new income weighing up a number of commercial performance The deficit in part is the 2018 season have streams. options. in 2017 combined with down to two headline contributed to the “The club stands on the “This will not only solve inaccurate financial sponsors facing financial potential deficit. brink of a great season the current issue but it information in advance difficulty in 2016/17 and Steve Kerr, Rochdale with a team hungry for will ensure a stable future of a budget setting subsequently being Hornets CEO said: “This is success and is determined for the club that could meeting means there is unable to fulfil their far from an ideal situation to overcome this allow it to grow in the now a forecast deficit sponsorship but we are working with temporary setback. Championship.” heading into the 2018 commitment which the players and their “At the recent AGM a Any potential investors season. resulted in a circa agents to reach an decision was made by the are invited to contact
The board and senior £20,000 loss to the club. agreement on making membership to explore Steve Kerr on 01706 648 management recognise This coupled with some short-term savings. changes to the 004 / info@ the situation this presents unaccounted costs for In addition, every effort is investment model of the hornetsrugbyleague.com.
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