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Quote: REDWHITEANDBLUE "Reminds me of the time when Wakefield got into SL we had to play 2 seasons without SL money I believe the RFL made a contribution but we were still behind everyone else with amount of Sl cash handed out.

Dont know what the rationale is unless the money has been drwan down by the previous regime under administration for the running costs, how many months did they pay the wages was it 3 at 200k amonth allegedly?'"


No.

The administrator sacked most of the non-playing staff, so the ongoing payroll will have been maybe around (I guess) say £160k/month.

the administrator was responsible for paying the July and August payrolls ONLY. He seemingly said he would put the club into liquidation at midnight on 31 August as he was not prepared to or in a position to take on liability for the September payroll (very strange reasoning to me, but there you go).

The Sky normal monies are I gather around £110k/m?

I believe that matchday and other income covered other costs, from what we were told?

The RFL rent was supposed to be only around £6k/month?

The Statement of Affairs at the date of appointment showed no (significant) amount owing to the RFL, be it for rent or Sky monies advanced or anything. And Coulby and Agar (and Duckett) are legally responsible for and liable under that statement, and Coulby stated publically before then specific details of individual creditors etc, including the RFL, so we must assume the Statement of Affairs is both complete and accurate?

So, on that basis, it must surely be a load of total bollox that these reductions for 2012/12 and 2013/14 have anything to do with "advances of Sky monies" or anything else to do with the RFL?

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Which is irrelevant if perchance the RFL had "voluntarily" chosen to settle certain creditors of the former company, for whatever reason.

If have no idea whether or not they have, although if the RFL has not been put under a shedload of pressure from Sport England, as a disher-out of public money, regarding losses incurred by the collector of public monies, after the Rangers debacle especially, I would be very surprised. And of course the RFL could well be seen by some as a soft target compared to say the FA or the RFU or the TCCB or even the LTA. But I honestly have no information in this regard.

I would be pretty surprised if the RFL does not settle the small amount of rugby debts, maybe out of the Bulls' fines, but given its the RFL who knows?

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It's fair enough that any rugby debts are settled when membership of a rugby competition is involved, I just fail to see why the reasoning has to remain secret.

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It's the RFL.

Innit.

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Quote: jammle "I understand it's money to pay back "some" of the creditors. (the ones which could have scuppered any deal for the buyout).'"


if thats the case can we have 2 points back ala Wakey??

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Quote: Bullpower2012 "if thats the case can we have 2 points back ala Wakey??'"

Well they're no use to the current season, so maybe they could add them onto next year? icon_lol.gif

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