If the remaining BOD or the recently departed knew that the funds raised would be insufficient to meet the debts ( which have never been detailed or explained other than the HMRC first debt) then there could have been fraudulent activity.

If the BOD knew that they were trading insolvently then there could have been fraudulent activity.

I believe we have well meaning individuals as BOD’s who have failed miserably, the question is have they gone over the “mark” and acted illegally?

I may be wrong but I don’t think there is anyone around willing to dig them out the financial hole, but there are some who would start a “newco” if debts were nil, so I don’t see Rugby being lost, merely yet another restart and a low level existence.

I think we all agree the IMG system is ridiculous ....... if this would have happened in soccer the media would have been all over it like a rash, but RL get away with it because the media don't care, despite the IMG's delusion that RL stadiums require 50 press seats (lolololololol)

Everything connecting our game with IMG is e! Allus has been from day one. ...and we voted in favour of it. Grrr!

Looks like Salford are in dire straits financially. They are having a meeting and asking for £500,000 advance on their central funding. The whole sport is devoid of money at every level.

Tip of an enormous iceberg

Every RL club is running on fine margins, living month to month, one letter or demand away from been in the mire.

Only going to get worse, there's less and less central funding, less revenue coming in, and costs constantly going up. The employee national insurance contributions is going to hit some clubs hard next year. Im sure TonyFax mentioned on the accounts thread some clubs have over 100 employees, that's going to be a huge cost increase