Trinity rescue options discussed

FANS of Wakefield Trinity Wildcats met last night to discuss proposed rescue packages to alleviate the club's perilous financial position.

Wakefield owe a substantial sum to the HM Revenue and Customs and are also exploring stadium options in a bid to secure a Super League licence from 2012 to 2014.

The club need to raise 500,000 in total to secure their immediate future.

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A proposed deal with the taxman fell through last week and chairman Ted Richardson has issued a rallying call to supporters to help bail out the club.

The club released a statement on their website last week asking supporters to consider a share option.

The statement read: "We are asking the people of Wakefield to purchase 1,000-worth of shares to raise 500,000 with a deadline of January 31 for purchase."

Philip Townsend, organiser of the Stadium Wakefield Action Group, plans to set up a supporters' trust in conjunction with Supporters' Direct, with the long-term aim of acquiring enough shares to get a seat on the Trinity board. The idea was fully backed by fans at last night's meeting.

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The club and supporters were hopeful last night's meeting would offer some options to secure the club's long-term future. The club will discover in July if they have been awarded a Super League licence for the next three years.