Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 9:37 am  

Bradford Badger wrote:

My only thinking on the "proper" list of employees, might relate to the players, as has been mentioned here before, many contracts end in November, so we might just need to be careful we pay the right people, as we've shipped a fair few out / many have jumped ship. Also, we won't possibly playing the incoming ones until December if they formally start on 1st Dec?

In with another story in League Express about Kevin Larroyer no longer being at Hull K.R., it says:
"Larroyer's wages will be paid by Hull KR for the final time on Wednesday."

Which perhaps suggests that the end of November is the last pay day for players whose contracts run out this season. Which in turn suggests that it's "business as usual" for this week's pay, and the changes in the playing roster come into effect next month.


(Story was also written by former Bulls Media Exec Ryan Sparks)

Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 10:16 am  

Would have thought rather than players, it would be casual staff like turnstyle/barstaff etc where there might be more uncertainty about who's current. you'd think that would be area of club where theres most comings and going during season.

Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 11:13 am  

Has anyone got any Ideas who the new owner is then?
Damien Irvine is been mentioned on twitter?? who is the consortium he is front for??

Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 11:21 am  

No names on the Four due to non-disclosure arrangements. In League Express says 2 of the parties are likely to pay off creditors.

Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 11:27 am  

If we come out of this with only a six point deduction, no loss of players and a new owner willing to develop the stadium I will be gobsmacked.

Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 11:57 am  

bulls2487 wrote:

No names on the Four due to non-disclosure arrangements. In League Express says 2 of the parties are likely to pay off creditors.

I'm guessing one of them will be Green cos he wants his own money back.

Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 12:14 pm  

RickyF1 wrote:

I'm guessing one of them will be Green cos he wants his own money back.

But how would he get that by paying the 350K to HMRC which is why he adminned us in the first place/ Why not save fifty grand in admin costs and just pay?

Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 12:31 pm  

bulls2487 wrote:

In League Express says 2 of the parties are likely to pay off creditors.

I really really hope this is the case. 12 points would be near impossible to claw back. 6 points i think we'll get in the top 4. So i am awaiting neither of those to get it, someone with no money, no RL knowledge, doesn't pay back creditors.

Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 12:52 pm  

would the creditors have to be paid immediately on someone taking over or could they arrange to pay them over a period of 12 months...??

Re: Administration 3 - now in technicolour : Mon Nov 28, 2016 12:53 pm  

pie.warrior wrote:

would the creditors have to be paid immediately on someone taking over or could they arrange to pay them over a period of 12 months...??

I would assume paying the creditors is done out of the money the club is essentially bought with.