Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 1:32 pm  

rugbyreddog wrote:

So, complain to the RFL instead of bitching on here.

Just when you thought it could not get any worse eh?

Then some inbred from Wakefield arrives.

Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 1:34 pm  

mystic eddie wrote:

Just when you thought it could not get any worse eh?

Then some inbred from Wakefield arrives.

Gimme six!

Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 1:38 pm  

At no point has anyone officially said the RFL are paying Decembers wages. The administrators are not obliged to pay out of their own pocket as they merely manage the process, if they start paying wages then they are accepting liability and they wouldn't do this.

This will all probably drag on till the New Year.

Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 1:50 pm  

bullsonfire wrote:

Gimme six!

Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 2:13 pm  

Have you lot gone yet? The rest of the sport needs to know so it can move on. Year on year dragging your feet as to whether you are joining the part or not.

Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 2:16 pm  

Exiled down south wrote:

Have you lot gone yet? The rest of the sport needs to know so it can move on. Year on year dragging your feet as to whether you are joining the part or not.

What part? If you are going to troll, at least do it properly.

Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 3:31 pm  

Slugger McBatt wrote:

Depends on the difference between the two, I suppose. If, say, full market value is 1.75m and the RFL accept their money back of 1.25m, the new owner has acquired an asset at £500,000 less, which of course would go to the balance sheet as 1.75m and the £500,000, if they chose to spend it that way, be used to pay off debts. This means that the RFL have paid off some of the debts.

Er, no, it would mean the RFL royally shafted the Bulls by buying on the cheap as a distress sale.

Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 4:46 pm  

Nowt happening then?

[Bulliac]

Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 4:48 pm  

Nothing they are telling us about..

Re: Administration 3 - now in technicolour : Fri Dec 16, 2016 4:51 pm  

Bulliac wrote:

Nothing they are telling us about..

What a swizz. I am getting totally scunnered with this now.