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973_1515165968.gif 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 |
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| Quote: Noble & Honest "New Owner,new coaches needed,new players needed,new ground needed,5000 missing fans needed,couple of million loose change needed...in fact we could do with the second coming turning up after weve waited 2014 years lol.
Still thinking deeply FA ? '"
Who, me? Wait on .. how did I get in that lot? www.thetelegraphandargus.co.uk/s ... nistrator/
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8_1434361123.jpg When my club didn't exist it was still bigger than yours:d7dc4b20b2c2dd7b76ac6eac29d5604e_8.jpg |
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| If anybody on the 72 bus this morning was wondering why that weird looking man suddenly started laughing it was because he'd just read thisThe ruling also states that the Super League, which had voted on the basis it was owed more than £900,000, should be given no voting rights at all.
The Super League, via the Rugby Football League (RFL), had previously said the figure was money the club had received for playing in the Super League from television company Sky.
Yesterday, the RFL declined to comment on the decision.'"
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13517.jpg :13517.jpg |
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| Quote: vbfg "If anybody on the 72 bus this morning was wondering why that weird looking man suddenly started laughing it was because he'd just read this
Yep, that is the craziest part of the article for sure. No voting rights at all for the RFL!! So did the company actually owe them any money, or not?
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45148_1265187924.jpg No Pain No Gain:d7dc4b20b2c2dd7b76ac6eac29d5604e_45148.jpg |
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| Quote: "The ruling also states that the Super League, which had voted on the basis it was owed more than £900,000, should be given no voting rights at all.
The Super League, via the Rugby Football League (RFL), had previously said the figure was money the club had received for playing in the Super League from television company Sky.
Yesterday, the RFL declined to comment on the decision.'"
So if the money was not from Sky for playing in super league, where is the Sky money!!
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1271.jpg Whenever you find yourself on the side of the majority, it is time to pause and reflect.
Mark Twain
Build Bridges NOT Walls:1271.jpg |
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| It's probably the 50% [mis]appropriated by the other clubs.
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| On the updated T&A article it states that Omar's legal fees will be added onto the administration costs and that the administrator is not personally liable. I hope this doesn't mean that Mr. Green will have to fund it?
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54218_1349939535.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_54218.jpg |
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| The most amazing thing about this story is that FA has not posted anything about it. I was hoping for further and better particulars on why the RFL claim was allowed in the first place and why it has now been discounted. At the time I could understand the RFL/SL being able to claim any actual advances of Sky funding, but could not see how, if the bulls had delivered a team for a year that the Sky funding for that year could be clawed back. The teams wages had been paid, Sky had had their opportunity to televise our games, any clawback therefore over punitive.
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973_1515165968.gif 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 |
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| Everyone's second-favourite thread is finally back!
Quote: On Thu May 08, 2014 5:39 pm Ferocious Aardvark "An interesting snippet I hear about the creditors meeting. Bear in mind that there would have been no meeting had OK not insisted. And so the RFL would not have claimed a penny as a creditor, since they were not mentioned in the original creditors list. Nor were they mentioned as a creditor in the administrator's report. Nor did they appear in the Statement of Affairs. However at the meeting they seemingly suddenly appeared as creditors claiming in excess of £900k. Had they forgotten?'"
As I informed the forum, Omar commenced court action in the High Court to set aside the dodgy creditor's meeting, which will now need to be re-held.
Fast Forward to March 2015 Super League, which had voted on the basis it was owed more than £900,000, should be given no voting rights at all.
Oops.
Quote: On Thu May 08, 2014 5:39 pm Ferocious Aardvark "Beleaguered former Bradford Bulls boss Omar Khan is being pursued for the repayment of £905,000 the club received for playing in Super League.
Super League (Europe) Ltd, via the Rugby Football League (RFL), has lodged a claim for the cash with the administrators of doomed company OK Bulls Ltd.
The claim was revealed following a creditors’ meeting.
Blake Solly, the RFL’s director of standards and licensing, said the figure was money from Sky for playing in the Super League.
...
He added
But apparently, it isn't, Mr. Solly. "Yesterday, the RFL declined to comment on the decision." That doesn't surprise me any more, they have a huge brass neck, lot of carpet and a very big brush.
Quote: On Thu May 08, 2014 5:39 pm Ferocious Aardvark ""I shall now seek to have an independent liquidator appointed, at my cost, to establish the true facts of what occurred around the administration as I have been accused of wrongdoing and I want to clear my name."
The liquidation of OK Bulls Ltd has been on hold pending the court's decision.'"
Well, so far as I'm concerned, some very strange things seem to have occurred, and I await with great interest the findings of the independent liquidator. I'm sure I can hear some bums squeaking.
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