Salford RL club gets extra time to pay £1.5m debt
Rugby league club Salford Red Devils has had a £1.5m loan repayment holiday extended by Salford City Council.
The city mayor Paul Dennett has formally approved the suspension of contributions from the club for a total of 36 months.
In January, the Super League club was given a year-long break on repayments after a previous 17-month holiday ended.
The new extension is on condition the club retains its name and honours its previous agreements by playing its home games at the AJ Bell Stadium in the city.
Dennett said: “Sa... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
