Quote: Highlander "Why does the RFL have to ok a deal anyway?
If a new bidder doesn't mention the words "conditional, licence or Odsal lease" then the RFL don't have any legal input into a procedure between the appointed administrators and a bidder- do they?'"
I'd guess that the administrator could sell the company to whoever he felt made the best offer to the creditors - in fact I also guess that is possibly his legal duty. If it were sold to an owner who would be unlikely to satisfy the RFL it would make running the business a bit risky as an investment though. I suppose Guilfoyle could just say it was a case of caveat emptor and just take the money, leaving the purchaser to stew.
Unless anyone knows different?