In a statement, Mr Smith added that the club as been placed in voluntary administration by the directors after conceding that the club could no longer continue to meet its financial obligations, including staff and player salaries.
He said
2 Clubs "rescued" inside 9 months. Is this to protect the TV revenue?
Compared to Blake Solly offering the Landlord of London Broncos a "marketing budget" for the 2014 season to encourage him to take them in, this is how a proper governing body protects its expansion interests.