{"id":257345,"date":"2025-11-11T19:32:20","date_gmt":"2025-11-11T19:32:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/257345\/"},"modified":"2025-11-11T19:32:20","modified_gmt":"2025-11-11T19:32:20","slug":"salford-red-devils-proposed-funding-due-date-passes-as-club-confirm-another-exit","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/257345\/","title":{"rendered":"Salford Red Devils proposed funding due date passes as club confirm another exit"},"content":{"rendered":"

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Salford Red Devils\u2019 financial crisis looks set to continue with the club\u2019s self-imposed funding timeline passing by with no further communication on if the promised money has finally arrived.<\/p>\n

It\u2019s been a disastrous 12 months or more for Salford who had applied for an advance on their central funding in late 2024 as cash flow problems become obvious at the club.<\/p>\n

Despite their takeover in February that promised debts would be cleared, money never arrived with wages paid late on multiple occasions and HMRC on the club\u2019s backs over those unpaid debts<\/a>.<\/p>\n

After multiple adjournments, including one at their most recent hearing in late October, the Red Devils\u2019 owners released a statement<\/a> which saw them \u201cconfirm that new funding has been formally secured\u201d.<\/p>\n

They added that it was \u201cexpected to be received within the next twelve days\u201d. That statement was 13 days ago with no further update, other than to confirm more player exits.<\/p>\n

Salford Red Devils confirm another exit as money still doesn\u2019t land<\/p>\n

The latest of those player exits is Jamie Pye with Salford only announcing his departure now, despite new club Rochdale Hornets having announced his arrival last week<\/a>.<\/p>\n

It\u2019s yet another example of shocking communication from the Red Devils ownership group with the emotions of Salford fans completely disregarded.<\/p>\n

Their statement surrounding funding, dated 29th October, saw the ownership group emphasise that it would have been far easier to wind the club up as they went to extreme lengths to paint themselves as the \u2018good guys\u2019 in the situation.<\/p>\n

They stated: \u201cWhile winding up may have presented a simpler financial solution, it would have come at a significant cost to the local businesses, many of which are owned and operated by our loyal supporters, who have stood by us through challenging times.<\/p>\n

\u201cWe have chosen the more difficult path to protect these vital pillars of our community, ensuring they can continue to trade and thrive alongside us.\u201d<\/p>\n

Those same pillars have been torn down throughout the season on account of their inaction surrounding their long-promised money, with this latest eclipsed deadline just another showing of that.<\/p>\n

Serious About Rugby League has launched a brand new podcast which can be watched in full on our YouTube channel here<\/a>.<\/p>\n

Salford Red Devils can confirm the immediate departure of Jamie Pye, who will join Rochdale Hornets ahead of the 2026 season.<\/p>\n

Everyone at the club would like to thank Jamie for his contributions during his time at Salford Red Devils and wish him every success as he begins the\u2026 pic.twitter.com\/nAGY1YSs7T<\/a><\/p>\n

\u2014 Salford Red Devils \ud83d\udc79 (@SalfordDevils) November 11, 2025<\/a><\/p>\n

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