Re: Players meeting with new owner today : Fri Jan 06, 2017 12:25 am  

ridlerbull wrote:

Hmm. Hadn't thought of it like that. However I'm not sure what MG gains? If the club is sold then no need to pay redundancy. And if not there is no money in the pot anyway. Or would those owed redundancy pay come ahead of MG in the queue for getting some of the proceeds of a sale? All interesting though.

And thank Christ it's not Lamb!

Most wouldn't be entitled to redundancy pay anyway as you need to have been employed by the company for at least 2 years. However, those that were eligible for it will still remain eligible for it as they were all made redundant from the time the notification of intended liquidation was made

Re: Players meeting with new owner today : Fri Jan 06, 2017 12:34 am  

What is this alleged new owner actually the owner of? Forgive me for pointing this out but the RFL own the membership and the lease to the ground. The RFL have also issued the rules of combat for bidding for their membership.

The not too secret meeting is an insult to the intelligence of the RFL. Are they thinking 'if we buy the failed staff and players then they will have to give us the membership' , well actually 'no' they don't owe you a thing.

Prepare your bid by all means but don't show the same lack of integrity and regard for due process that got the club in this mess in the first place. It's funny that certain local Radio commentator's actions in exposing this sham have drawn criticism from players who today have signed non disclosure documents along with the self serving staff that are not worth the paper they're written on.

The challenge is now do the RFL have the balls to stand up to this poor attempt to force the membership from then. They showed courage over the lease so now it's time to front up again and let the official process run its course for the long term good of the club.

Re: Players meeting with new owner today : Fri Jan 06, 2017 12:38 am  

zapperbull wrote:

If we do get a buyer for 2017 these are my thoughts, half of the players have already signed for other teams, (i can't blame them ) so no team! 12 points min deduction or 18 at least as we play Hull 3 times. End the season bottom of the league and get relegated, fan base drops to 17 die hards. Sounds about right!!!

Questionable now! Six I would say.

Re: Players meeting with new owner today : Fri Jan 06, 2017 12:53 am  

el red wrote:

What is this alleged new owner actually the owner of? Forgive me for pointing this out but the RFL own the membership and the lease to the ground. The RFL have also issued the rules of combat for bidding for their membership.

The not too secret meeting is an insult to the intelligence of the RFL. Are they thinking 'if we buy the failed staff and players then they will have to give us the membership' , well actually 'no' they don't owe you a thing.

Prepare your bid by all means but don't show the same lack of integrity and regard for due process that got the club in this mess in the first place. It's funny that certain local Radio commentator's actions in exposing this sham have drawn criticism from players who today have signed non disclosure documents along with the self serving staff that are not worth the paper they're written on.

The challenge is now do the RFL have the balls to stand up to this poor attempt to force the membership from then. They showed courage over the lease so now it's time to front up again and let the official process run its course for the long term good of the club.

Well wow after the slight bit of positivity seems it's back at square 1

Re: Players meeting with new owner today : Fri Jan 06, 2017 1:40 am  

el red wrote:

What is this alleged new owner actually the owner of? Forgive me for pointing this out but the RFL own the membership and the lease to the ground. The RFL have also issued the rules of combat for bidding for their membership.

The not too secret meeting is an insult to the intelligence of the RFL. Are they thinking 'if we buy the failed staff and players then they will have to give us the membership' , well actually 'no' they don't owe you a thing.

Prepare your bid by all means but don't show the same lack of integrity and regard for due process that got the club in this mess in the first place. It's funny that certain local Radio commentator's actions in exposing this sham have drawn criticism from players who today have signed non disclosure documents along with the self serving staff that are not worth the paper they're written on.

The challenge is now do the RFL have the balls to stand up to this poor attempt to force the membership from then. They showed courage over the lease so now it's time to front up again and let the official process run its course for the long term good of the club.

Unless lkke people have said we arent actually liquidated and still in admin then it makes the RFL's process of bids pointless. The administrator has a legal duty to get the best deal for the creditors. If the biggest creditor has reached a deal to be paid the RFL would be on very dodgy ground to reject (whatever you think of Green)

All the above is just hypothetical. If true i would have no idea why the administrator wouldn't keep the RFL in the loop and would be a disgrace if a deal had been done without talking to them.

Anyway none of us know whats going on. Todays a new day part of liquidation/admin which has that many twists and turns best to sit tight and see what happens.

Re: Players meeting with new owner today : Fri Jan 06, 2017 1:54 am  

Bull Mania wrote:

Unless lkke people have said we arent actually liquidated and still in admin then it makes the RFL's process of bids pointless. The administrator has a legal duty to get the best deal for the creditors. If the biggest creditor has reached a deal to be paid the RFL would be on very dodgy ground to reject (whatever you think of Green)

All the above is just hypothetical. If true i would have no idea why the administrator wouldn't keep the RFL in the loop and would be a disgrace if a deal had been done without talking to them.

Anyway none of us know whats going on. Todays a new day part of liquidation/admin which has that many twists and turns best to sit tight and see what happens.

Whatever anyone thinks of Green, there's very little chance he'd pass a thorough due diligence and viability assessment, and if he's going to be a major shareholder in the new/old club then the RFL have every right to reject that application on the basis of his past ownership of the club

Re: Players meeting with new owner today : Fri Jan 06, 2017 2:11 am  

Perhaps allowing everyone inc the RFL thinking the Club had been liquidated, forced the RFL to come and actually say stuff in public it was reticent to do so, though you can get too smart sometimes, did the mud become clearer? well it certainly has swilled about a lot more recently!

Re: Players meeting with new owner today : Fri Jan 06, 2017 2:22 am  

Blotto wrote:

Perhaps allowing everyone inc the RFL thinking the Club had been liquidated, forced the RFL to come and actually say stuff in public it was reticent to do so, though you can get too smart sometimes, did the mud become clearer? well it certainly has swilled about a lot more recently!

The RFL had said about as much as it was possible for them to say through the process, which amounted to; they won't relinquish the lease to Odsal, and the club will receive a penalty in line with the operating rules for going into administration. What they've come out and said since the liquidation was declared is effectively null and void if the club was never liquidated. If the RFL have been played for fools then they're going to be gunning for Bradford/Green

Re: Players meeting with new owner today : Fri Jan 06, 2017 2:45 am  

It did seem highly likely that something was afoot behind the scenes given the nature and implications of the RFL statements, but this intrigue would have Machiavelli admitting defeat.

Re: Players meeting with new owner today : Fri Jan 06, 2017 2:50 am  

Highly intriguing FA ... can't wait for the next instalment ...