To be honest I heard form an employee of the club that it had been taken by the original suppliers, however i thought like IA that this could not happen due to the take over.
The principle of Nemo Dat Quod Non Habet (one cannot give a better title than he has) would apply if money was outstanding. If the scoreboard was on finance I would be surprised if Wakefield had title to it meaning the administrator could not sell it. What usually happens is the sale contract will provide for the transfer of the financed asset subject to the owners rights (including reposession). It is then for the new owners to sort out the issue. The administrator is absolved from all responsibility. If this is the case, what has been suggested is legally possible.
Quote: Bonzo "It's still funny though!
Nearly as funny as shirts with iron on sponsor logos peeling off to reveal the previous sponsor!
I had heard a rumour that this plot was hatched by a 'senior manager' at a local (non-superleague) club after an extended booze up - sorry, business meeting - when he said that his boys would re-possess what was rightfully his! Can't say as I blame him really, I think everyone should pay their debts and in all honesty think that walking away from them through administration is too soft an option. Although he may have acted illegally, in my eyes he was morally justified.
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