wrencat1873 wrote:
The idea is not to run your business so badly as to not be able to service the accrued debts. Things like covid, where businesses are prevented from functioning due to instructions from Government are somewhat out of the ordinary and this may cause multiple clubs to fail and you could say that this would be through no fault of their own. After all, nobody could have reasonably foreseen this coming.
Are you still of the impression it was Covid that sent TWP bust and meant suppliers and players were not paid? Long before Covid, Argyle was not paying bills, and TWP were rattling on about their Snake Oil then. Do you really believe David Argyle has gone from a $$Billionaire to penniless?
The stock market dropped initially by going on for a third of it's value but it VERY quickly started building back and has risen significantly as the rich stay rich and the poor as usual take the hit. Even if Argyle was only a "single" £Billionaire that would be what? £100 Million. Even if he lost half of that it's still £50 Million. Paying his debts is very easy indeed.
He chooses not to. Livolsi equally can muck about with TWP and walk when bored. I wouldn't mind but Livolsi had so little interest that when he made his submission to Superleague he was actually making demands of them (we must not be relegated....We must be given SKY money etc).
On the day TWP beat Featherstone to get promotion to SL did they demand SKY money and a three year stay of relegation then?
