Salford Red Devils Ownership Group Seeks New Funding in 'Last Chance Saloon' Situation
Salford Red Devils, a Championship side in the Rugby League, has secured new funding to settle outstanding debts and clear a winding-up petition against them. The club's ownership group stated that they have received fresh funds within the next 12 days, allowing them to settle debts with creditors and balance their accounts with HMRC.
The latest adjournment is merely delaying the inevitable for Salford Red Devils fans, according to Nick Holt of The 1873, a fan group set up in response to the club's management issues. "I'm disappointed," he said. "I'm a long-time fan of the club, as many people are... it would be a sad day for any business or sporting organisation to go into liquidation."
Richard Cramer, a leading sports lawyer, described Salford Red Devils' situation as their 'last chance saloon', with the court having applied an extremely strict timetable going forward. "So rather than listing the next available date, which would have been six to eight weeks away, the courts have applied a two-week extension and effectively by the middle of November it will be back in front of a judge at the winding-up court."
Salford Red Devils faced financial difficulties throughout their 2025 season. Fan protests increased as the team struggled with late wage payments and a mass player exodus, leading to relegation from Super League due to the end-of-season grading system.
The club's current situation highlights the risks associated with financial mismanagement in sports organisations. With their future uncertain, Salford Red Devils fans will be watching closely for any updates on the team's progress.
Salford Red Devils, a Championship side in the Rugby League, has secured new funding to settle outstanding debts and clear a winding-up petition against them. The club's ownership group stated that they have received fresh funds within the next 12 days, allowing them to settle debts with creditors and balance their accounts with HMRC.
The latest adjournment is merely delaying the inevitable for Salford Red Devils fans, according to Nick Holt of The 1873, a fan group set up in response to the club's management issues. "I'm disappointed," he said. "I'm a long-time fan of the club, as many people are... it would be a sad day for any business or sporting organisation to go into liquidation."
Richard Cramer, a leading sports lawyer, described Salford Red Devils' situation as their 'last chance saloon', with the court having applied an extremely strict timetable going forward. "So rather than listing the next available date, which would have been six to eight weeks away, the courts have applied a two-week extension and effectively by the middle of November it will be back in front of a judge at the winding-up court."
Salford Red Devils faced financial difficulties throughout their 2025 season. Fan protests increased as the team struggled with late wage payments and a mass player exodus, leading to relegation from Super League due to the end-of-season grading system.
The club's current situation highlights the risks associated with financial mismanagement in sports organisations. With their future uncertain, Salford Red Devils fans will be watching closely for any updates on the team's progress.
They're going through a really tough time right now. It's not just about the money, it's also about the passion and love they have for the club 
. As someone who loves sports, I can imagine how frustrating it must be to see your team struggling like this. The fact that the ownership group is having trouble securing new funding is really worrying 
. It just goes to show that even in sports, financial mismanagement can have serious consequences 
. Do you think Salford Red Devils fans will stick around if things don't improve? 
salford red devils is in such a mess rn they need new funding to avoid liquidation and its not like they didnt see it comin or anythin... their fans are already losin hope and now its like "oh no w/e" 
i feel bad for the fans, they deserve better than this kinda drama. shouldve seen it comin from a mile away tho, financial mismanagement is a big deal in sports and salford red devils shoulda handled their finances way betta 
and their revenue's been dwindling since 2022 
the team's had to restructure its squad & staff, leading to player exodus 
and fans getting frustrated 
looking at the timeline:
salford red devils fans are right to be worried 
️ here's a chart showing revenue decline since 2022:
clearly, salford red devils needs a solid business plan or risk facing the consequences 
. Like, thanks to whoever saved them from certain doom. Because, let's be real, their fans have been through enough with all the wage payments and player exodus drama 
Nick Holt's comment was pretty on point, though. It would indeed be a sad day for any business or sporting organisation to go into liquidation 
.
we need better governance in our sports organizations to prevent this from happening again 
It's just not right that they're being given a last chance saloon situation 
.
. I mean, 12 days to settle debts? That's like trying to pay all your bills in one go 
. The fans are going to be watching with bated breath, that's for sure 
.
days is such a short window to save their club. It's like they're running out of time in the 'last chance saloon' 
but at the same time, i believe in the power of sports to bring people together and create a sense of community 
. Fingers crossed they can pull off a miracle and get back on track!
. fans are gonna be on edge till november, that's for sure 