Quote Adeybull="Adeybull"Wakefield.
They were deducted four points, a week after the administrator was appointed. They were not deducted six points, then had two points restored.'"
IIRC you are pretty much right about the Wakefield points deduction.
The precedent was set a short while earlier by Crusaders.
The two point reduction in penalty was seen as an incentive for Newco to work with the previous creditors.
From the off-set Wakefield were keen to point out that they would work with them and 'voluntarily' pay a selected few. Which I believe has been verified.
I don't think there is a sliding scale 0-6 dependent on amount paid off, just 4 points if the newco show a 'willingness' to work with creditors.
I did have the administrators report somewhere with the list of creditors, mainly HMRC (easy to rack up unpaid tax when you realise you're going bust), but generally/relatively not that much.
I don't have any figures for what (or who) was actually paid as Glover was very coy when asked about this, and, at least initially, did not have a BoD and kept financial details to himself (perhaps we now know why?).
As I say, the precedent set by Crusaders was that the 6 points would be reduced to 4 if the newco 'commits to work with creditors' and Wakefield were quick to jump on that bandwagon before the RFL could change the rules.
I think the new guidelines from the RFL seem to focus more on HMRC being paid, so who knows?
