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FORUMS > Leeds Rhinos > bulls - dragging on.----
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Quote: cheekydiddles "Isn't all this historical debt going to get written off though, especially if they get liquidated and this ABC group buy them for hardly anything and start afresh?

I know it's all complexed stuff and whilst I want to see the Bulls survive, to my eyes at the moment it seems as if;

• they are getting rid of all their debts
•starting as a new company with their historical debt wiped out
•not losing any star players??
•will stay in SL
•Are going to try and make sure they get the lease back from the RFL otherwise they will pull out?

And the only 'punishment' from the RFL will be a 4-6 point deduction that in the grand scheme of things is pretty incidental. They'll probably still be able to make 8th even with a deduction

I know some/all of this might be a somewhat over simplistic view but without knowing all the ins and outs it how it comes across to me

It's not that simple though (to my knowledge) if they liquidate they'll have to set up a brand new company and be voted back in to super league. The players contracts will be null and void and most of the good ones will have found new clubs by the time the bulls can begind playing again. They wouldn't be able to complete the season, the new ''owners'' or start up people would have to pump funds in to start them up again, they'd have to put all the infastructure into place again, they'd have to assemble a brand new team, they wouldn't be able to start playing again until next season.

The idea that they could liquidate, be rid of the debt, click their fingers and continue is cloud cuckoo land, it's crazy.

Liquidation would be an absolute disaster for the club.

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Quote: dubairl " ... the indian restaurants in the uk aren't even close to proper indian food (north or south india), ...'"

I'm being pedantic, I know, but there are many "genuine" Indian restaurants in the UK, especially in London.
Granted, the other 98% (my sweeping guess) aren't "genuine" at all.
But hey, if that's what people like, where's the problem?

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It all depends on what offer the creditors will accept to write the debts off. Liquidation will be seen as the last resort by all, seen as the club effectively don't have any tangible assets in that scenario.

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"...the club, its ground, and all the players will be sold to The Arthur Foggan Scrap Company ..."

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Quote: El Barbudo "I'm being pedantic, I know, but there are many "genuine" Indian restaurants in the UK, especially in London.
Granted, the other 98% (my sweeping guess) aren't "genuine" at all.
But hey, if that's what people like, where's the problem?'"


I know of a fairly authentically Bengali restaurant in Leeds, which granted only does the really authentic stuff on special nights set up for the purpose. It must be said that the differences from the normal fare aren't as vast as some people would have you believe.

Generally, eating Indian food in the UK is quite similar to eating Italian in New York. There's a cuisine which has formed by the influences of a country of origin (with lots of regional variations and traditions), and then both developed (food does that you know, in all cultures) in relative isolation from that country of origin within an ex-pat community, and also been influenced and altrered by the pre-existing culinary culture in the new country.

You could then call it "UK Indian" if you wanted to be a pedant, but to dismiss it as "inauthentic" or not "genuine" is over-simplistic.

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icon_biggrin.gif icon_biggrin.gif icon_biggrin.gif

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Ref el diablo.
a fair summing up,also a lot of Chinese dishes came from immigrants into the USA , chop suey I believe originated in San Francisco .

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What have you done with McLaren ..... sold it for housing?

Quote: JerryChicken ""...the club, its ground, and all the players will be sold to The Arthur Foggan Scrap Company ..."'"


[size(With apologies to Michael Palin and Terry Jones)[/size

"I could have had a heard of cows grazing out there .... and they'd have scored more tries."

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I have heard an allegation that the Bulls new deadline will coincide with the opening ceremony for the Olympic Games , and that the bigger story will provide a smokescreen so that the press and public at large will hopefully not be widely aware of the Bulls decision . This allegation is from a very reliable source , and the reasoning behind the plan seems to be a very good way of avoiding a minor scandal when announcing a pre-planned announceent that could otherwise cause outrage among RL fans , and discredit our game in the press .

Anyone else heard anything similar ?

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Quote: gulfcoast_highwayman "Nope, it was from 'Goodness Gracious Me'.'"




"Bring me the blandest thing on the menu ..."

55 posts in 5 pages 
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55 posts in 5 pages 
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