Early Bath wrote:
You have no assets - the players are not an asset on the Balance Sheet - so by Liquidating you lose the stock in the shop but drop off all the HMRC debt & say bye bye to Mr Green. The players then can sign for Bradford Phoenix with a new Lease from the RFL & a kind RFL point deduction. The Employees can then be re-engaged by the Phoenix club. Simples.
Just needs some positive imagination here.
There would be no points deduction with a new club as the new club will have done nothing wrong. Instead they will enter into league one, on the bottom rung of the ladder and have to work their way up the same way Toulouse and Toronto are having to. And it would be too late for 2017 if League Weekly is to be believed, so we would have no team to support until the 2018 season.