Re: Administration 3 - now in technicolour : Tue Nov 22, 2016 5:11 pm  

Ferocious Aardvark wrote:

No.

He did so to eliminate the risk of the winding-up petition succeeding, and the company thus being liquidated.

If you think about it, whether the company is wound up, liquidated, sold or whatever any creditor will only get whatever they are due from whatever is available at that date. You need to get your head round the difference between keeping the body alive, and with it, the hope of someday salvaging something, and allowing the body to die, in which case there's the guarantee of getting only a %age of possibly feck-all.

I don't have any details of the administration so hard to say more.

Don't worry, I get all about administration. I'm a Wakey fan.

Re: Administration 3 - now in technicolour : Wed Nov 23, 2016 5:36 am  

At least this Administrator seems more pragmatic and professional than Guilfoole http://www.thetelegraphandargus.co.uk/n ... _response/

At least this Administrator seems more pragmatic and professional than Guilfoole http://www.thetelegraphandargus.co.uk/n ... _response/

Re: Administration 3 - now in technicolour : Wed Nov 23, 2016 7:48 am  

Blotto wrote: At least this Administrator seems more pragmatic and professional than Guilfoole http://www.thetelegraphandargus.co.uk/n ... _response/ 12 Interested parties of which 4 Have already returned their NDAs with 2 of those looking to be front runners. Hopefully this can all be sorted by Christmas and the club can start to look at moving forward again

Blotto wrote: At least this Administrator seems more pragmatic and professional than Guilfoole http://www.thetelegraphandargus.co.uk/n ... _response/ 12 Interested parties of which 4 Have already returned their NDAs with 2 of those looking to be front runners. Hopefully this can all be sorted by Christmas and the club can start to look at moving forward again

Re: Administration 3 - now in technicolour : Wed Nov 23, 2016 8:39 am  

Admin hopes to have a new owner in place within 2 weeks

Well we certainly can't accuse these guys of dragging their feet.

Who do we think the 2 serious bids are then? I think Lawn will almost certainly be one of them, not too sure about the other. Lamb perhaps?

Re: Administration 3 - now in technicolour : Wed Nov 23, 2016 9:12 am  

Here`s another name to throw in to the pot...and it comes from a current player.

That line "they are people who have been involved in rugby" indicates there may be some truth in it.

The current owner of Wasps - Derek Richardson.

Re: Administration 3 - now in technicolour : Wed Nov 23, 2016 9:14 am  

EW for PM wrote:

Here`s another name to throw in to the pot...and it comes from a current player.

That line "they are people who have been involved in rugby" indicates there may be some truth in it.

The current owner of Wasps - Derek Richardson.

Heard that floating about, must have some serious cash or fantastic marketing to keep up with the union cap!

Also he can send us Kyle Eastmond on loan

Re: Administration 3 - now in technicolour : Wed Nov 23, 2016 9:28 am  

EW for PM wrote:

Here`s another name to throw in to the pot...and it comes from a current player.

That line "they are people who have been involved in rugby" indicates there may be some truth in it.

The current owner of Wasps - Derek Richardson.

Didn't he move Wasps to Coventry. CBB - Coventry / Bradford Bulls. Bit of a trip to our home games but at least the away ones will mostly be near home.

Re: Administration 3 - now in technicolour : Wed Nov 23, 2016 9:35 am  

I've always been a pot half full type of bloke but in this case I can't help thinking that the Admin guy is over egging it a bit. I'm a bit pot half empty at the moment given what's happened with the last 2 knights in shining armor.

Re: Administration 3 - now in technicolour : Wed Nov 23, 2016 9:39 am  

fifty50 wrote:

Didn't he move Wasps to Coventry. CBB - Coventry / Bradford Bulls. Bit of a trip to our home games but at least the away ones will mostly be near home.

Quick google of the guy from when he bought Wasps he's got a personal estimated worth of £44m,
Hopefully he will be leading a consortium...

either way could be better than the bed man or a curry shop man?

Re: Administration 3 - now in technicolour : Wed Nov 23, 2016 10:06 am  

Some of it sounds pretty good for you they have generated good quick interest however the fat lady comments still make it sound bleak. He states 3 to 5 years to be back where you belong and I take that to mean Super League. Do you feel the fans will accept that it may take that long?