Quote M@islebugs="M@islebugs"When you're trying to conclude a deal to sell an entity accepting offers from other parties for the most valuable parts of that entity doesn't usually go down too well. Furthermore, 'he' isn't in a mess. The club is in a mess and the RFL are in a mess. As of right now Guilfoyle, ABC etc could walk away and suffer no consequences.'"
It still must be one of the first administrations (lengthy as opposed to prepack) in the history of sport not to shed or sell players in order to pay unsustainable overheads through the period.
Genuine question: in this process are administrators paid weekly/monthly or at the end of the "project"? If the former, is Guilfoyle effectively asking the RFL to pay the players because he's earmarked much of the wage budget for his company's fees? If the latter is he holding on to assets so the new owners will have extra capital to pay him?
Also...where is the money actually *going*? In the last month there's been income from substantial non-season-ticket home gates, a stock clearance, and a substantial 'extraordinary payment' from Leeds. Meanwhile Bradford have sacked their backroom staff, don't have an overdraft to service (thanks, pledge), have cut funding to their academy and it apperars aren't bothering with paying the taxman. So why is there's still not enough income to meet expenditure?
Perhaps some RL journalist could tell us if they ever decided not to "keep their distance".