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Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 11:51 am  
roofaldo2 wrote:
At this point, I wouldn't be surprised

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Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total

Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 11:53 am  
mat wrote:
Thing that people tend to forget is that green has abig advantage over other bidders in that he is major creditor too. ...


How is he a major creditor?

I'm not saying he isn't, I don't know, but I am not aware of any specific loans he has made to the club so am curious why everyone seems to take this claim as a given, so I'm just asking on what it is based.
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Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 12:04 pm  
Ferocious Aardvark wrote:
How is he a major creditor?

I'm not saying he isn't, I don't know, but I am not aware of any specific loans he has made to the club so am curious why everyone seems to take this claim as a given, so I'm just asking on what it is based.


Ross seems to think Green has a debenture in place acting as security against monies he put in to the club.
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Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 12:07 pm  
Ferocious Aardvark wrote:
How is he a major creditor?

I'm not saying he isn't, I don't know, but I am not aware of any specific loans he has made to the club so am curious why everyone seems to take this claim as a given, so I'm just asking on what it is based.



seen it reported somewhere he's lodged a 650k debt as part of the admin. Dont think its one specific loan to club as opposed to general money he's put in over last three years to keep us going.
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Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 12:16 pm  
Ferocious Aardvark wrote:
How is he a major creditor?


Because the money he has "invested" into the club over the last 2 years was in the form of a loan, not a gift.

So in a way, both the people that said he'd put no money in, and those who said he must have put money in, are both kind of right. He has put money in, but he's trying to make sure he gets it back.
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Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 12:19 pm  
Anyone know if Gareth Roberts is in the running, he was in last time under the guise of Bradford(Park Avenue), he as the money, and before anyone says that BPA are struggling that's because he is running a tight ship due to treading water re promotion isn't possible because of ground issues, he has plans for Horsfall but covenants and the council are preventing any improvements, he is known to have stated he would give it to end of this calendar year if no movement with his dealings with the council he was going to consider other sites.
Two and Two making Five maybe, but I believe it's a no brainer to improve Odsal and rejoin the two clubs at the same site.
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Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 12:27 pm  
HamsterChops wrote:
Making the prediction now. Marc Green will get it back.

If so i will be done, i will go watch Batley every week.

Would the RFL really let him take it back on??? :CRAZY:
Last edited by RickyF1 on Thu Nov 24, 2016 12:33 pm, edited 1 time in total.
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Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 12:28 pm  
Also interesting note from Ross in his tweets that the club are just over £1 million in debt. That would be not far off the figure of adding Marc Green's debenture figure to the HMRC bill.
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Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 12:29 pm  
The last thing that I want to happen is for a new owner to take over and then in their first interview they issue a rallying cry that if the fans want Super League then they need to back the club.

I think i'd wave the white flag if that happens as they would obviously be reliant on the fans to finance the club, as previously proven.
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Re: Administration 3 - now in technicolour : Thu Nov 24, 2016 12:32 pm  
It feels like anyone without wealth, which includes Marc Green, is merely a temporary custodian until Administration 4. And I wouldn't be around to start a thread on it that's for sure.
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