Quote: kinleycat "Lesson 1. We paid off some of our creditors rather than spending it on players, hence the four points.
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Lesson 3 - don't make a fool of yourself with statements that do not stand up to scrutiny.
Re lesson 3:
1 - When your lot went bust, Glover seemingly said he would pay off SOME creditors (I gather it was maybe 10%, and NONE of the £750k debt due to HMRC), so - within days - the RFL mitigated the 6 points to 4. I understand well before Glover actually paid anyone.
2 - When OKB went into administration, Moore & co had stated they intended to settle with the creditors. Subsequent documentation and statements strongly indicates that the intent was to settle with ALL the trade creditors. And I have seen nothing to suggest the RFL knew nothing of this. Indeed, I was personally told this was the intention ON THE DAY. HMRC were owed about 1/3 of what you lot owed HMRC, btw. Yet the RFL took several weeks, not days, and then deducted 6 points ANYWAY - even though material had been issued stating creditors would be paid.
3 - After the administration, BB2014 did not spend a CENT on players. So, can you explain what "We paid off some of our creditors rather than spending it on players" means? In the context of why you were decucted only 4 points, days after the adminstration order? Whereas bulls were deducted 6 points, weeks after?