www.thetelegraphandargus.co.uk/sport/sportbulls/

www.thetelegraphandargus.co.uk/sport/sportbulls/

Better link: www.thetelegraphandargus.co.uk/n ... ls/?ref=mr

Better link: www.thetelegraphandargus.co.uk/n ... ls/?ref=mr

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!

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

I think that's Mrs Glenn Morrison you are slagging off McChicken

wire offered £300k for bateman so I fail to see how £150k for all of the club's assets represents value for the creditors

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.

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.

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.

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.

^ 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.

Oi, we get some of our best work from IPs so I'll not hear them slagged off

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 .