Royal Lady You'd have thought they'd have had this problem in previous years too.

If they really do need to know how much money they've got to play with due to ST sales, then they're in more dire straits than even I thought possible.

It is more simple than that, banks are less likely to allow sizable overdrafts, that is those that are a gamble rather than for cash flow.
In the past there was parachute money, a higher club at this level needs about £18mill income!! see our expenses in 2006 to show this.
RFC will know their share of next seasons TV money at this level, which will be more if they appear more often, however that extra is dependant on being up the top of the table.
The only other guaranteed income by June is ST money, which is why it is so important to have that figure as early as possible, waiting fro possible renewals is a big gamble, even if they were reserved for £20 as has been suggested, that may still mean fans not actually renewing.
JM is not in a position to finance major losses, as has been mentioned many times.
RFC is a well run club, they are challenging at the moment on earned income, not anything borrowed from the future, for along time JM has said that is the way of the club, we seem to have a squad of players who are happy for that to be the way the club they play for is.
Who would want to be a player at Sheff Utd, all that money wasted in the past, and look at them now, looking forward to a Sheff derby again, at a low level.
RFC paying good wages, not the highest, but at this point in time very fair.