Salford ordered to sell stars as cash crisis means £800k drop in budget
Share:
SALFORD are set to lose several stars after being ordered to conduct what is effectively a fire sale. A cash crisis means the Red Devils must slash £800,000 from their overheads before they can even think about signing anyone. Salford received an advance of their central distribution from RL Commercial to cover a black hole caused by the city’s council pulling a subsidy control grant, meaning ‘enhanced special measures.’.
![[a rugby player wearing a red shirt that says selco on it]](https://www.thesun.co.uk/wp-content/uploads/2024/09/AW6_0916.jpg?strip=all&w=768)
As a result, it looks like a number of Paul Rowley's stars may be heading out, with Marc Sneyd, Kallum Watkins, Jack Ormondroyd, Nene Macdonald and Deon Cross being at the top of other clubs' shopping lists. Leigh lead the chase for the half back star, while the captain could return to Leeds. Castleford want the prop, Hull KR the centre and Hull FC the winger.
![[a soccer field with red and blue seats and a bridge in the background]](https://www.thesun.co.uk/wp-content/uploads/2017/05/aj_bell_stadium.png?strip=all&w=960)
There is also talk of the Leopards looking at Joe Shorrocks, although a decision to refuse salary cap and quota dispensations by other Super League clubs for Salford players narrows the chances of a bidding war, meaning more players may head out to balance the books.
![[a rugby player wearing a red and white jersey that says selco builders warehouse]](https://www.thesun.co.uk/wp-content/uploads/2024/06/9OH7477.jpg?strip=all&w=960)
Salford said in a statement: “The club has been directed to sell players without delay. “The position is the RFL has issued a sustainability cap of £1.2 million and until we reach that, we are now prohibited from registering players for the upcoming season.
“The terms of receiving the advancement were that the club be placed under ‘special measures’ requiring a reduction in overheads of £800,000. “We were not given a clear timeline for compliance on required expenditure reductions, therefore the club took the decision to hold our position for the short-term while investor negotiations are ongoing.
