Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:12 am  

Well the key 'take home' for today is that Chalmers / Lowe has been the preferred bidder this whole time.

From what we read in the RL press about this Chalmers guy, that doesn't bode well. It seems like he's another tax dodger like Green, except on an even bigger scale!

And I agree with Bullseye, there's something about this whole thing that's not adding up. Apparent bidders being shunned, deadline day bids after the original deadline, credible bidders suddenly falling by the wayside...

It's all very depressing really

Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:12 am  

I honestly don't understand why the RFL won't sell. It makes no sense to anyone.

Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:14 am  

redeverready wrote:

Eh the Rfl got their hands on the lease because Hood couldn't panther secret loan back they gave him nothing to do with Green

Sorry,I stand corrected.

Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:16 am  

vbfg wrote:

Be like Fonzy, Yolanda.

It was Ringo. The Fonz was from Happy Days, and as Marcellus might say, we're pretty fu.ckin' far from happy days.

Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:20 am  

Before the meeting opened this morning, here is a direct quote from Nigel Wood's telephone call to the administrator

Ezekiel 25:17. "The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness, for he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy My brothers. And you will know I am the Lord when I lay My vengeance upon you." Now... I been sayin' that poop for years. And if you ever heard it, that meant your ass. You'd be dead right now. I never gave much thought to what it meant. I just thought it was a cold-blooded thing to say to a motherfucker before I popped a cap in his ass. But I saw some poop this mornin' made me think twice. See, now I'm thinking: maybe it means you're the evil man. And I'm the righteous man. And Mr. 9mm here... he's the shepherd protecting my righteous ass in the valley of darkness. Or it could mean you're the righteous man and I'm the shepherd and it's the world that's evil and selfish. And I'd like that. But that poop ain't the truth. The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Gary. I'm tryin' real hard to be the shepherd.

Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:21 am  

paulwalker71 wrote:

Well the key 'take home' for today is that Chalmers / Lowe has been the preferred bidder this whole time.

From what we read in the RL press about this Chalmers guy, that doesn't bode well. It seems like he's another tax dodger like Green, except on an even bigger scale!

And I agree with Bullseye, there's something about this whole thing that's not adding up. Apparent bidders being shunned, deadline day bids after the original deadline, credible bidders suddenly falling by the wayside...

It's all very depressing really

He may not be a tax dodger, maybe his business went wrong, Simon Cowell went bust a long time ago and lost everything, he owed money to the tax man. But look at him now!!!!

Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:26 am  

Don't like the way that article mentions 'surrender' of the lease rather than purchase.

Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:27 am  

RickyF1 wrote:

He may not be a tax dodger, maybe his business went wrong, Simon Cowell went bust a long time ago and lost everything, he owed money to the tax man. But look at him now!!!!

I think Cowell is in the running. Turf to be replaced by a shiny floor, Sinitta to perform at half time and tries to be judged by Louis Walsh and Sharon Osbourne rather than the video ref.

Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:34 am  

bullsonfire wrote:

I think Cowell is in the running. Turf to be replaced by a shiny floor, Sinitta to perform at half time and tries to be judged by Louis Walsh and Sharon Osbourne rather than the video ref.

Re: Administration 3 - now in technicolour : Thu Dec 22, 2016 9:35 am  

debaser wrote:

I honestly don't understand why the RFL won't sell. It makes no sense to anyone.

The public reason (positive red Hall spin) is they didn't really want the site in the first place, but now they have it, as part of their constitution, they find themselves "holding it in trust" for all of rugby league and won't sell to anyone who wants to just develop it without rugby on site.


The conspiracy theory hypothesis (alternative spin) is that with the multimillion grants they have to develop a national rugby league stadium, they needed a central site on the M62. When Hood went cap in hand, they had a chance to increase Bulls debt & asset strip a member club before it went into administration, where the administrator would have control of the lease.
They now have a site and are happy to develop it as a national stadium which they control with Bulls as a sitting tenant but time & again bidders are pointing out that developing the site is the only way to revive the Bulls. But they do have more development options if there isn't a sitting tenant, so are casual about it going either way.
This, of course, would have required planning, which is why I think the true answer lies somewhere in between!