Cash-hit Hor­nets look into cost sav­ing plans

Rochdale Observer - - TRAVEL -

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 hor­net­srug­

Published by MEN Me­dia, Mitchell Henry House, Hollinwood Av­enue, Chad­der­ton, OL9 8EF. Printed by Mir­ror Colour Print­ers (Old­ham) Ltd, Hollinwood Av­enue, Chad­der­ton, Old­ham OL9 8EB

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