Quote: Bulliac "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?'"
The RFL decide who gets the SL Licence and what clubs can play in the competition. And receive Sky monies. That makes them the key player, because without their approval it is unlikely anyone would feel able to buy the club. And their due diligence legal advisor would scream at them not to.