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Player Coach | 7122 | Bradford Bulls |
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| Quote FickleFingerOfFate="FickleFingerOfFate"Carter put his house up not to keep us going but against not being able to fulfil his obligations to the RFL.
As for living within you means, don't think you can preach.
Carter said that they spend half of the 300,000 extra money on repaying the loan to the RFL, I would say that's pretty responsible.'"
Wakefield weren't living within their means then you just said it. You reap what you sow.
Cut your cloth accordingly and stop looking for credit it's what you are supposed to do.
Quote FickleFingerOfFate="FickleFingerOfFate"The Bulls have right to appeal but they are in a no lose situation regarding the points deduction, it can't be increased only reduced.'"
If your supporters club are going to write ill informed letters about the rules being followed you can't then whinge about the rules being followed. Trying to attempt to sway the independent panel's decision could backfire.
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Player Coach | 4163 | London Skolars |
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| I just don't see how he can keep a straight face when the grounds of your appeal is force majeure!
surely the only way you can justify getting points back is by paying some of the creditors. If that was the basis of your appeal, then I don't think there could be any complaint about you getting 2 back
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Club Coach | 3278 | Bradford Bulls |
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| Depends what the circumstances of the losses were. Which is why it's going to appeal. Which, as a member club/chairman, Wakey/Mr carter have already signed up to abide by their decision.
The cost of the appeal is met by the party making the appeal, so it is incorrect to say there is no downside.
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| Quote Tricky2309="Tricky2309"I just don't see how he can keep a straight face when the grounds of your appeal is force majeure!
surely the only way you can justify getting points back is by paying some of the creditors. If that was the basis of your appeal, then I don't think there could be any complaint about you getting 2 back'"
Sorry didn't realise you've been involved with the management of the bulls and know everything that went on.
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| Quote Maccbull_BigBullyBooaza="Maccbull_BigBullyBooaza"Sorry didn't realise you've been involved with the management of the bulls and know everything that went on.'"
So what part of the sorry mess was unforseen and unavoidable?
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| Quote Tricky2309="Tricky2309"So what part of the sorry mess was unforseen and unavoidable?'"
I guess it was forseen and unavoidable you Wakie lot would be on here talking crap
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| Dunno. But Mr Green thinks it was unavoidable, and he wasn't the owner at the time, although as the debenture holder, he put them into administration. So he must have demonstrable concerns which he feels will hold up at a tribunal.
And as members of SL, all 14 clubs are contractually bound to abide by the appeal decision. So thats ok as well.
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| Quote Maccbull_BigBullyBooaza="Maccbull_BigBullyBooaza"Wakefield weren't living within their means then you just said it. You reap what you sow.
Cut your cloth accordingly and stop looking for credit it's what you are supposed to do.
If your supporters club are going to write ill informed letters about the rules being followed you can't then whinge about the rules being followed. Trying to attempt to sway the independent panel's decision could backfire.'"
We have been in admin and ended up selling some of our players.
To ensure we didn't go into admin last year, MC did cut our cloth accordingly.
As for calling Wake unprofessional, I think everyone and his dog knows we have been run badly for ages.
Bradford now have been in admin twice in about 3 years and the only player you lost first time round was Kopczak and you moaned like mad at that.
Didn't see any major cost cutting after this and this is probably why you are now where you are.
The letter that was wrote maybe ill informed but isn't this why MC asked for clarification from the RFL on what the consequences of administration are?
To get a Super League licence your finances had to be vetted by the RFL, yet 3 or 4 months into the first season you went into admin.
Marc Green can put his case forward for the Bulls and whatever the outcome of the decision is, the RFL needs to have in place in black and white, the penalties for entering admin and not play guessing games.
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| Tricky0.2309 I asked the same (good) question when the appeal was announced, or rather that the RFL agreed that there was a basis for an appeal to go ahead. From that wording it would seem to me that the RFL check that there are grounds for an appeal and that its not frivolous. However as you point out it is not obvious what the force majeur was. the only thing I can think of is OK not fufilling his obligations under the deal struck to transfer ownership, under which the trio presumably would have taken on responsibility for payments, including to HMRC. They did make their position clear, no ownership no responsibility and had indeed already resigned once over the issue, for an agreement to then be brokered by the RFL. All conjecture, anybody else any idea of what the force majeur or uncontrollable external event was?
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Moderator | 10969 | Bradford Bulls |
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| Quote FickleFingerOfFate="FickleFingerOfFate"
As for living within you means, don't think you can preach.
'"
No one is preaching, maybe just pointing out that it's best if people in glass houses don't throw stones.
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| Quote FickleFingerOfFate="FickleFingerOfFate"We have been in admin and ended up selling some of our players.
To ensure we didn't go into admin last year, MC did cut our cloth accordingly.
As for calling Wake unprofessional, I think everyone and his dog knows we have been run badly for ages.
Bradford now have been in admin twice in about 3 years and the only player you lost first time round was Kopczak and you moaned like mad at that.
Didn't see any major cost cutting after this and this is probably why you are now where you are.
The letter that was wrote maybe ill informed but isn't this why MC asked for clarification from the RFL on what the consequences of administration are?
To get a Super League licence your finances had to be vetted by the RFL, yet 3 or 4 months into the first season you went into admin.
Marc Green can put his case forward for the Bulls and whatever the outcome of the decision is, the RFL needs to have in place in black and white, the penalties for entering admin and not play guessing games.'"
I think you'll find that between our 2 admins we lost Kopczak, Whitehead, Bateman, Winterstein, L'estrange, Langley, Platt and Mick Potter, all of whom were probably on decent wages. Plus there's all the backroom staff that got made redundant. Then since the 2nd admin we've lost Sammut, Scrutton and Carvel. Whether we wanted those people to leave or not, I would hardly say that costs have not been cut. The main reason that we ended up where we are now is because we had £1.2m taken off us and shared between the other SL clubs.
If Carter wants a level playing field for going into administration, and I believe he mentioned deducting 10 points, then Wakefield need to be retrospectively deducted a further 6 points and fined £1.2m for their last admin. That might make it fair.
Although Wakefield and now more financialy stable I don't think they are particularly rich so if I was Carter I would keep my mouth shut. You never know, they may just find themselves in financial dificulties again sometime.
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| Quote martinwildbull="martinwildbull"Tricky0.2309 I asked the same (good) question when the appeal was announced, or rather that the RFL agreed that there was a basis for an appeal to go ahead. From that wording it would seem to me that the RFL check that there are grounds for an appeal and that its not frivolous. However as you point out it is not obvious what the force majeur was. the only thing I can think of is OK not fufilling his obligations under the deal struck to transfer ownership, under which the trio presumably would have taken on responsibility for payments, including to HMRC. They did make their position clear, no ownership no responsibility and had indeed already resigned once over the issue, for an agreement to then be brokered by the RFL. All conjecture, anybody else any idea of what the force majeur or uncontrollable external event was?'"
I think people do get into a bit of a lather about 'admin' and 'winding up', etc, as though this was some awful cardinal sin. This procedure is neither illegal nor uncommon and, in fact, the capitalist system couldn't function without this re-assigning of assets and 'recycling' of failed companies.
As I understood the situation, the big thing everyone was totally against was the scenario where a failing company is taken into admin [iby the owners[/i, who arrange a pre-pack, and return -emboldened and debt free, to continue the ownership and running of the company under a different name.
I assume the 'force majeure', may well a fair way of looking a the Bulls situation, in that it wasn't the directors of the company who instigated the procedure in a naked move to gain profit, but it was 'forced' by a creditor. The fact that it was the same creditor who took over the club muddies the waters slightly but the principle remains intact, imo.
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