Quote jazzman="jazzman"This all depends on the terms of the agreement with SO1873. If the Adminisdtrators have agreed in principal to sell to SO1873, they will have an agreement on what assets are included in that sale. If the administrator then sells some of those assets out from under SO1873 there may something going on that we are not (and TBH never will) be a party to.
It may also depend who the main creditor is. Usually an administrator is appointed by the main creditor (usually a Bank, but not always). We know that HMRC are owed 300,000 or so, and I can see no mention of a bank being owed anything (but we don't know). The other main creditor will Ted. Make of that what you will.
(Just adding my support here, I am a Cas fan, but TBH I am disgusted at what is going with the club - best of luck, I hope the club comes out of this okay).'"
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...cheers pal.
At times like this, surely the clubs should stick together and help each other out....not act like vultures and pick over the bones of what's left from a club in dire straits.
Hull and Huddersfield...you ought to be ashamed of yourselves....talk about kicking a man when he's down
What exactly have the RFL done to help, other than spout the usual BS, about moral support ???
Do they want to see us go to the wall ???
I accept that Ted was probably about as popular as a "fart in a space suit" at Redhall, but he has gone now, so surely they should be stepping in to protect what's left of one of the founder clubs, or do they want us to die quickly so that they can then admit Warsaw Wildcats to superleague ??
Why not have a period of one month, for clubs which do go into administration, to be sold off, whereby any other RFL affiliated clubs cannot come in and steal any of their players ??
If the club isn't sold in that time, then it's open season, and players are up for grabs to the highest bidder. That will give an opportunity for new owners to sort out the purchase of the club, and still have a team able to compete at the end of it all !!!!!!