Trinity appeal for new investment

They are already in talks with interested parties but have invited others to explore the possibilities in order to help secure a Super League licence and compete with the rest of the competition.

Chairman Ted Richardson and Eric Timmins have long been the predominant directors at Belle Vue but neither has plunged significant funds into the coffers.

Wakefield, who have failed to win a major trophy for more than 40 years, finish their disappointing campaign at Salford City Reds tomorrow having already missed out on a place in the play-offs.

While they have been a self-sufficient outfit in recent times, they acknowledge the lack of a major financier is holding them back, the majority of successful clubs having wealthy backers such as construction developer Paul Caddick at champions Leeds and events promoter Simon Moran with Challenge Cup winners Warrington.

"We want to be challenging for honours and to do that we need investment," said Trinity chief executive James Elston.

"To compete with teams we need to be spending the same levels of money as the top four; that's the simple reality."

However, Bradford Bulls, Castleford Tigers and Hull KR have long since endured similar problems and attracting new investment is unlikely be easy.

Trinity point to the planned new community stadium at Newmarket, where it will be an anchor tenant, as a springboard for further growth but that is yet to secure planning permission.

Consequently, Wakefield are one of the clubs deemed under threat when the RFL awards new licences next year for 2012-14.

However, Elston insisted: "The developer is happy with how that is progressing and we're hoping for a planning date early in October.

"This is the right time to go out there and see if anyone wants to invest in a rugby league club."