FORUMS > Bradford Bulls > Confirm or Deny!! |
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| Why wait until wage deadline day and not step in now, also if it's a new owner isn't it cheaper to buy the club after admin again?
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| Quote: MicktheGled "Depends on the personality of the person. Some like to contact local media and signal their intentions.'"
There is a certain gentleman that does everything in the media and isn't short of a few bob. Plus there is a good reasons why he may not approach Marc Green directly.
Although thinking about it, there's no way that they could work together so maybe not.
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| Quote: Dannyboywt "Why wait until wage deadline day and not step in now, also if it's a new owner isn't it cheaper to buy the club after admin again?'"
Something which was true in 2012 and even 2014. If the club went into admin now, we'd lose the few reasons left it may be worth investing in the club, namely the few decent senior players, the academy set up and I think a decent chunk of fans would pack in for good the moment we went into admin unless it was a massively rich backer that came in to pick up the pieces.
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| Also after Khan got screwed over might make anyone else going to take over after admin think twice
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74018_1452891676.jpg [i:2zdvjjq6]"If you don't believe you can do something, you have no chance at all" - Arsene Wenger[/i:2zdvjjq6]:d7dc4b20b2c2dd7b76ac6eac29d5604e_74018.jpg |
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| Anyone fancy guessing how long this saga will continue?
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| if we are saved the most important thing is we keep Smith, a handful of the first team and keep the youth set up as it is without losing anyone as they are our future. we can re-build the first team with players who give a damn signed by Smith.
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| Let's just wait and see what Friday brings. We might not need 'saving' at all.
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| Quote: Nothus "Let's just wait and see what Friday brings. We might not need 'saving' at all.'"
Green hasn't got deep enough pockets unless he gets a rich investor.
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| Today's T&A piece pulls few punches. Creditors and staff can't be pleased with the fact Green flew back on holiday as that send the wrong message out from the club. There maybe little he can do staying round the club at the moment with frozen bank accounts but at least it would send out the right message that they are trying to sort out the situation.
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| Quote: BD20 "Today's T&A piece pulls few punches. Creditors and staff can't be pleased with the fact Green flew back on holiday as that send the wrong message out from the club. There maybe little he can do staying round the club at the moment with frozen bank accounts but at least it would send out the right message that they are trying to sort out the situation.'"
Gotta be honest, I tend to agree. At first when I saw he'd flown back, my thought was "Well he came back to try and sort something, if there's nothing more he can do, why shouldn't he go back and finish his holiday?". But then I thought of it from my own POV, and if I hadn't been paid and was told by the CEO of the company I work for that his accounts had been frozen, I don't think I'd be overly impressed with him then jumping on a plane to go on holiday.
Like you said, it's all about the message it sends really. While he's probably not actually doing anything wrong, it must rub the staff and players up the wrong way. It would anyone else in their situation.
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| If it's a case of Green's accounts being frozen, then that at least is an explanation as to why the staff have not been paid ie the bank refusing to release funds. It does however raise other questions regarding just WHY the bank took those steps as I can't believe it's down to simple error.
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| Quote: roofaldo2 "If it's a case of Green's accounts being frozen, then that at least is an explanation as to why the staff have not been paid ie the bank refusing to release funds. It does however raise other questions regarding just WHY the bank took those steps as I can't believe it's down to simple error.'"
I would suggest it's less likely to be the bank that has frozen his accounts on their decision and more likely to be at the request of HMRC.
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| Quote: roofaldo2 "If it's a case of Green's accounts being frozen, then that at least is an explanation as to why the staff have not been paid ie the bank refusing to release funds. It does however raise other questions regarding just WHY the bank took those steps as I can't believe it's down to simple error.'"
Why does it? Why is Marc having to use his own money to pay the wages? That in itself is enough to set alarm bells ringing for me.
The club wages should be paid by the club, using club funds, from the club bank account. Marc's personal affairs should never even come into it.
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| Did anyone raise the question of Joynt's Voluntary tackle? I still don't feel we have had a satisfactory answer under any of the previous regimes.
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| The reason the bank freezes accounts is because all transactions between presentation and hearing of a WUP are voidable in the event that the WUP succeeds, and the bank can be liable to pay back any amounts paid out of the account in that period.
So unfortunately the club's and Marc Green's accounts are isolated until the September hearing.
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