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FORUMS > Bradford Bulls > Confirm or Deny!!
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Quote: Slugger McBatt "From a Wakey perspective, would you share with Warrington and Widnes at some rugby-less spot between all three?'"


Think that'd have to be Ikea, quite handy access from the motorway.

mat
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Thinking about what's been going on and something I wasn't aware of is that once WUP is advertised in gazette then that companies bank account is automatically frozen. So it might not be case that bulls have no money, just that they can't access it until after sept 5th when WUP is dealt with.
This may not have been an issue with previous WUP as they either didn't cover a payroll date or green was able to bills from his personal funds. What could be causing problem this time is if greens personal accounts are also frozen due to problems with safeguard.

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I suppose there is a chance that this has all come about because of the safeguard thing, and the Bulls' assets were frozen because we're a connected party. But Green's statements didn't really seem to hint at that being the case, so I'm not sure. I'm still anxious despite the wages being paid today.

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Last edited by Ferocious Aardvark on stardate Jun 26, 3013 11:27 am, edited 48,562,867,458,300,023 times in total:d7dc4b20b2c2dd7b76ac6eac29d5604e_973.gif



Quote: Nothus "... I'm still anxious despite the wages being paid today.'"


To say the least. All we've managed to do is muster the wages a week late. Bills pile up at the normal rate, and in 3 weeks its wages again.

Luckily we have the home game against the Rhinos this weekend so ... oh, hang on

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Quote: mat "Thinking about what's been going on and something I wasn't aware of is that once WUP is advertised in gazette then that companies bank account is automatically frozen. So it might not be case that bulls have no money, just that they can't access it until after sept 5th when WUP is dealt with.
This may not have been an issue with previous WUP as they either didn't cover a payroll date or green was able to bills from his personal funds. What could be causing problem this time is if greens personal accounts are also frozen due to problems with safeguard.'"

Don't take all the font of all knowledge that is Mick as the Oracle of truth.
That is not the case or else the bank accounts would have been frozen twice before.
It's due to his other companies in Liquidation that what is happening has happened. I know they are separate entities but they are under the same ownership therefore attract interest from HMRC.

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Wouldn't trust mick if he said sun was coming up in morning icon_smile.gif.

Do a search for winding up petition and frozen accounts. All sites talk about it being usual procedure for accounts to be frozen from date WUP advertised until hearing. Nothing to do with us being linked via green to safeguard. As i understand it acounts will have been frozen the two previous times. Difference is on those occasions green could fund any bills that arose. This time his accounts are frozen too.

444 posts in 31 pages 
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444 posts in 31 pages 
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