Everyone's second-favourite thread is finally back!
Quote On Thu May 08, 2014 5:39 pm Ferocious Aardvark="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: OK has now won his case, and been awarded his costs. The High Court 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.
Oops.
Quote On Thu May 08, 2014 5:39 pm Ferocious Aardvark="T&A 29 April 2014"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: “£905,000 was received by the club before it was sold to Marc Green.
“They (OK Bulls Ltd) are entitled to contest the claim, but we have to let the administrator know what we think is owed to us.”
Mr Solly said the money was received by the club between August 2012 and February 28 this year.
“The figure is the figure,” said Mr Solly
'"
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="Omar""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.