Quote: dboy "Wakefield haven't gone bust, they entered a CVA, precisely to avoid that.
Through satisfaying the CVA, they paid back all creditors in full.
Not sure they received a loan from the RFL either - I think that was one of the club's gripes - they didn't get the help other clubs had received, but prepared for someone in the know to correct me on that (I don't mean some rabble-rousing numpty on here).'"
They went into the CVA agreement in 2000 (it ended in 2004) so outside the 'licencing' period. They did go into administration in 2011 and came out of it in 2013, slap in the middle of 'licencing'