| FORUMS > Leeds Rhinos > Bulls creditors will not go quietly |
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Leeds Rhinos? 8 for you, Leeds Rhinos! You go, Leeds Rhinos.
And none for Castleford Tigers. Bye!:d7dc4b20b2c2dd7b76ac6eac29d5604e_1140.jpg |
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simpsons/simp099.gif
"In this age of Rooney and Tevez, here is a genuine, through and through sporting hero." Kevin Sinfield
I've got diamonds on my fish.:simpsons/simp099.gif |
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| It also reveals the insolvency firm, which has run the club since it entered administration on June 26, worked out its own costs up to August 24 amount to £172,551.90 – with it staff working for an average rate of £205 an hour
Ooh. No wonder it took him so long!  |
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| International Star | 3605 | No
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| Jul 2012 | 12 years | |
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Someday everything is gonna be different, when I paint my masterpiece
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[url=http://garykitchen.co.uk/:lnkxkae0]Online art gallery, selling original landscape artwork[/url:lnkxkae0]
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| Quote: gulfcoast_highwayman "Better link:
The Bulls seem to have specialised in employing local naive people to do work for them judging by some of the comments in that article - the woman who says "I've filled in a form to claim our money back but don't know what happens now", I'll tell you, nothing will happen now, if you're VAT registered you can't even claim the tax back yet (although if you've half an ounce of sense you'll do the obvious thing).
To the caterer who continued to provide food (cash up front, well done him) after he was owed a significant sum, didn't bother chasing the money "as we always got paid" but "Is in the dark as to what happens now", I guess that you might not be catering for Omar Khan in the new company so kiss goodbye to the debt and move on, you'll get notice of a final settlement to creditors in about twelve months time and my money is on the fact that the letter will state that there are insufficient funds to offer any repayment to creditors.
Welcome to the world of business, its never yours 'till its in your bank, and even then its not yours.
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| Sep 2010 | 14 years | |
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| Jun 2024 | Jul 2023 | LINK |
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[quote="Will Ferrell":klj11krn]
"Money can't buy happiness, but it can buy cake and it can buy beer. I would say that's about even."[/quote:klj11krn]
[quote="Ryan Bailey":klj11krn]My mum always said that there would be haters. Not everyone can love ya[/quote:klj11krn]
Classic Bailey 
[quote="McLaren_Field re Damo":klj11krn][quote="Neville Bartos":klj11krn]What is it that you contribute in exchange for your benefit payments?[/quote:klj11krn]
He breathes out CO2, which helps the trees.[/quote:klj11krn]:d7dc4b20b2c2dd7b76ac6eac29d5604e_52996.jpg |
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| Quote: Steve-O "with it staff working for an average rate of £205 an hour
'"
Thats relatively cheap! |
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| Club Coach | 3325 | No
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| Oct 2004 | 20 years | |
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| Oct 2017 | Mar 2016 | LINK |
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simpsons/simp099.gif
"In this age of Rooney and Tevez, here is a genuine, through and through sporting hero." Kevin Sinfield
I've got diamonds on my fish.:simpsons/simp099.gif |
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| Quote: Sam Buca II "Thats relatively cheap!'"
For going to restaurants and begging the owners to buy a rugby team? I could do it for less. Plus I bet the curries were on expenses |
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| Rank | Posts | Team |
| International Board Member | 17971 | |
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| Jun 2002 | 22 years | |
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| Oct 2024 | Sep 2024 | LINK |
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:d7dc4b20b2c2dd7b76ac6eac29d5604e_2191.jpg |
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| Quote: JerryChicken "The Bulls seem to have specialised in employing local naive people to do work for them judging by some of the comments in that article - the woman who says "I've filled in a form to claim our money back but don't know what happens now", I'll tell you, nothing will happen now, if you're VAT registered you can't even claim the tax back yet (although if you've half an ounce of sense you'll do the obvious thing).
'"
I think that's Mrs Glenn Morrison you are slagging off McChicken  |
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The poor man's bonaire:d7dc4b20b2c2dd7b76ac6eac29d5604e_32641.jpg |
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wire offered £300k for bateman so I fail to see how £150k for all of the club's assets represents value for the creditors
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[quote:1pqtnbtj]Every player in our squad could probably earn more money with another club. But they prefer to sacrifice a few extra quid in their back pocket to share special memories. And playing at a place like Old Trafford on a night like this makes it all worthwhile.[/quote:1pqtnbtj]
Kevin Sinfield:982.jpg |
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Welcome to the wonderful world of Insolvency. The creditors will get nothing and can do nothig about it. Believe me, those Insolvency Practicioners costs look OK compared to some of the stuff I see,
Lawyers get bad press but Insolvency Practiocioners are real vultures.
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| Rank | Posts | Team |
| International Board Member | 9565 | No
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| May 2002 | 22 years | |
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| Dec 2019 | Dec 2019 | LINK |
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fonds noir/Buzz Lightyear.gif
:fonds noir/Buzz Lightyear.gif |
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Small businesses generally end up stuffed when dealing with companies that go bust. Bigger companies - especially banks - will hard-headedly cut their exposure as soon as they get whiff of a problem, fail to get paid etc (as the bank did with the Bulls). Small companies tend to chase their losses - partly because they have no choice as they themselves owe money further up the chain. Its a tough place to be, especially in a recession.
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| Rank | Posts | Team |
| Player Coach | 559 | No
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| Mar 2007 | 18 years | |
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| Jun 2013 | Mar 2013 | LINK |
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Regards from a Banned Forum Member:32749.jpg |
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Its business, anyone who does not realise that this happens needs to take their head out of the sand or deal in cash only.
To those who didn't realise how insolvency worksand how much it costs, well you do now.
Would this get the same publicity if it was a small business that went bust, no its the Bulls so let the T&A make a story.
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| Rank | Posts | Team |
| International Star | 3605 | No
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| Jul 2012 | 12 years | |
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| May 2016 | May 2016 | LINK |
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67953_1341943970.jpg
Someday everything is gonna be different, when I paint my masterpiece
----------------------------------------------------------
[url=http://garykitchen.co.uk/:lnkxkae0]Online art gallery, selling original landscape artwork[/url:lnkxkae0]
----------------------------------------------------------
[url=http://jerrychicken.wordpress.com/:lnkxkae0]JerryChicken - The Blog[/url:lnkxkae0]
----------------------------------------------------------:d7dc4b20b2c2dd7b76ac6eac29d5604e_67953.jpg |
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| Quote: the canaries "
Would this get the same publicity if it was a small business that went bust, no its the Bulls so let the T&A make a story.'"
It is all a bit naive and anti-Bulls isn't it, you almost expect the reporter to storm the offices and demand when the new owners are going to repay the bills of these poor traders who let the previous administration have credit.
Just in case the reporter of the T&A is reading this, the answer is, its nothing to do with the new owners. |
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| Rank | Posts | Team |
| Player Coach | 559 | No
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| Mar 2007 | 18 years | |
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| Jun 2013 | Mar 2013 | LINK |
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Regards from a Banned Forum Member:32749.jpg |
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^ Have stormed the offices of non paying companies before, to get property back.
Not legal, but its just the matter who has the biggest balls.
Never had any come back, strange that, after they tell you they'll see you in court get their solicitor involved etc.
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| Rank | Posts | Team |
| International Board Member | 28186 | No
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| Apr 2003 | 22 years | |
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| Aug 2016 | Aug 2016 | LINK |
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Transparent Backgrounds/Waldorf.gif
"As you travel through life don't sweat the petty things and don't pet the sweaty things" - George Carlin
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[url:2cg5oc2o]http://fromthewesternterrace.blogspot.co.uk[/url:2cg5oc2o]
This week: Four keys to a Rhinos win in the WCC:Transparent Backgrounds/Waldorf.gif |
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| Quote: G1 "Welcome to the wonderful world of Insolvency. The creditors will get nothing and can do nothig about it. Believe me, those Insolvency Practicioners costs look OK compared to some of the stuff I see,
Lawyers get bad press but Insolvency Practiocioners are real vultures.'"
Oi, we get some of our best work from IPs so I'll not hear them slagged off  |
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| Rank | Posts | Team |
| International Star | 1906 | No
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| Aug 2011 | 13 years | |
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| Oct 2024 | Sep 2024 | LINK |
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The whole lot is fiasco from start to finish,I suppose in life you should always try to think the best of people .so I hope the new owners make a success of the bulls but I cannot see how they can make money from the present set up.
They don't seem the kind of people who are in it for the love of the game I hope to be proved wrong .
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