I've just read that the two year deadline passed yesterday for IL to reduce his shareholding in Harlequins from 65% to 25% meaning that he still owns the club and they have breeched rules throwing their future into doubt. Leneghan refused to comment saying negotiations were ongoing. Quins made record SL losses last year of £1.8m. Anyone have any more info on this and how if at all it will affect us? On another sub note, if they made losses of 1.8m does that mean they have a -900,000 salary cap next year? I don't understand?

The salary cap has no relationship at all to the operating profit & loss of the clubs.

Well knock me down with a feather...



__________________________________________

As far as the seriousness of the issue, yes, its a breach of the rules, but he will be allowed to remain in that position until someone takes his shareholding. The RFL aren't stupid enough to jepordise the future of SLRL in London by kicking up a stink about this.

Bloody hell AJ, if you're a guy in the media eye, would you answer everything you were asked straight away when you were asked it? Especially when it's something as sensitive as this?

Chill, I can fully understand why he wouldn't answer something like this.

The Gareth Hock issue however, or has PV left the club are surely lesss sensitive?

I'd imagine IL's Harlequins shares will be sold when someone comes along to buy them, and that's all there is to it.

The RFL will say and do nothing. Do they really want to see London go out of business again?

The answer to that is obviously NO

From what i understand I.L. has no active involvement with Quins on the day to day running of the club. And if that stays that way i dont think the RFL will push the matter of the shares as others have said they want a club in London. They know we are not in a good financial climate for selling a R.L. club and i think I.L. will continue with the financial support until the right buyer comes along as in the last 2 years it has done Wigan nor London any harm.

I blame Noble

Quins cant even sell season tickets so how the hell will they find somebody with a few million pound.

Unfortunately business and regulations don't work that way. What if they breached the cap... oh just sweep it under the carpet? What you've said is exactly what could be wrong with our game at the moment and by the same token goes against everything that has punished our club over the past decade.

I can't be sure of course, but it seems likely that IL is fairly well up on business regulations.