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Quote: Mr Dog "
IIRC in the last one there was a dispute as to how much was owed to HMRC due to someone trying to lessen the VAT bill by selling Season Tickets as 'Memberships' which attract a lower (0?) VAT rate. When the court ruled in HMRC's favour the Club quickly went into administration.'"


That was Admin 1 as it was Peter Hood's idea IIRC.

All the central funding was withheld from Omar Khan when he took over after Admin 1 and shared amongst the other SL clubs when he took over making it almost certain he'd fail and lead to Admin 2.

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Quote: Bullseye "That was Admin 1 as it was Peter Hood's idea IIRC.

All the central funding was withheld from Omar Khan when he took over after Admin 1 and shared amongst the other SL clubs when he took over making it almost certain he'd fail and lead to Admin 2.'"


Pretty sure Green tried it, or something similar - it was definitely VAT that was owed. From the T&A in Nov 2016

[i“The club were subject to a VAT Assessment which was appealed three months ago." [/i

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Quote: maurice "Leigh have a big creditor its called derek, he is owed 1.3m in loans. He therefore controls the process and the outstanding contracts would get f'all. He has stated that if we need a newco it will be debt free and 100k in the bank from him, there was no debt to HMRC a situation now frowned on so I don't know what punishment the RFL will place on newco, but it took 3 admins and huge HMRC debts to penalise Bradford points. The choice facing the players is hold out force administration and get nothing or take the pay off on the table, I understand the pay off is similar to Admin fees. That's how it is, not stating its right but reality is something or nothing for the 2 players'"


No he's not. AB Sundecks are Leigh's big creditor.

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[img:v6cgff03]http://s26.postimg.org/9xie34xyh/leigh1.png[/img:v6cgff03]:d7dc4b20b2c2dd7b76ac6eac29d5604e_73643.jpeg



Quote: Mr Dog "No he's not. AB Sundecks are Leigh's big creditor.'"


Sponsor..

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Quote: Mr Dog "No he's not. AB Sundecks are Leigh's big creditor.'"

Who are owned by Derek.

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Quote: Vikingsufferer "Wow 80k a year. Heard Widnes want him'"

Does Widnes need a seat to be thoroughly warmed ?

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It's Kevin Larroyer I really feel for, this is twice in recent times he has been shafted with K.R being the 1st after their MPG & now Leigh.
Despite the meltdown after 4th place wasn't achieved he has continued to play hard & give 100%, I really hope he gets something out of the Club & finds a new Club & decent deal soon !

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JESUS WEPT :WALL: HOW MANY TIMES????? £20 a ticket and £15 on beer and merchandise.....so an away fan is worth £35. At best, 1,000 is the average away support split across 11 rounds and I am being really generous here, so Toronto, replacing say Wakefield will cost a SL club £35,000. The minimum turnover of a SL club is £4,000,000 so Toronto instead of Widnes is worth less than 1% of a SL clubs turnover. There are many valid reasons for and against expansion into America, but "AWAY FANS" isn't one of them. :BEAT::d7dc4b20b2c2dd7b76ac6eac29d5604e_76030.jpg



Quote: Ste100Centurions "It's Kevin Larroyer I really feel for, this is twice in recent times he has been shafted with K.R being the 1st after their MPG & now Leigh.
Despite the meltdown after 4th place wasn't achieved he has continued to play hard & give 100%, I really hope he gets something out of the Club & finds a new Club & decent deal soon !'"

Tell Kevin to Give Danny Ward a call........we like players who play hard no matter what and we'll need his like next year (and it's closer to home)

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Quote: Ste100Centurions "It's Kevin Larroyer I really feel for, this is twice in recent times he has been shafted with K.R being the 1st after their MPG & now Leigh.
Despite the meltdown after 4th place wasn't achieved he has continued to play hard & give 100%, I really hope he gets something out of the Club & finds a new Club & decent deal soon !'"


He's from the Toulouse region ain't he, would be a great signing for them.

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In Grix, We Trust 'LET ONLY THOSE WHO ENTER DO SO WITH PRIDE AND A DETERMINATION TO UPHOLD THE FINE TRADITION OF THE CLUB' - THRUM HALL DRESSING ROOM PLAQUE:d7dc4b20b2c2dd7b76ac6eac29d5604e_71118.jpg



Larroyer to fax the latest rumour

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JESUS WEPT :WALL: HOW MANY TIMES????? £20 a ticket and £15 on beer and merchandise.....so an away fan is worth £35. At best, 1,000 is the average away support split across 11 rounds and I am being really generous here, so Toronto, replacing say Wakefield will cost a SL club £35,000. The minimum turnover of a SL club is £4,000,000 so Toronto instead of Widnes is worth less than 1% of a SL clubs turnover. There are many valid reasons for and against expansion into America, but "AWAY FANS" isn't one of them. :BEAT::d7dc4b20b2c2dd7b76ac6eac29d5604e_76030.jpg



Quote: thefaxfanman "Larroyer to fax the latest rumour'"

Grear signing if true.... Fax will be in the mix again in 2019

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Quote: atomic "Sponsor..'"


They are THE MAJOR CREDITOR. Check out the last published accounts to the end of November 2017. Owed over £900k then and the debt will have grown in 2018.

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JESUS WEPT :WALL: HOW MANY TIMES????? £20 a ticket and £15 on beer and merchandise.....so an away fan is worth £35. At best, 1,000 is the average away support split across 11 rounds and I am being really generous here, so Toronto, replacing say Wakefield will cost a SL club £35,000. The minimum turnover of a SL club is £4,000,000 so Toronto instead of Widnes is worth less than 1% of a SL clubs turnover. There are many valid reasons for and against expansion into America, but "AWAY FANS" isn't one of them. :BEAT::d7dc4b20b2c2dd7b76ac6eac29d5604e_76030.jpg



Just heard a rumour that there's some new investment heading in the direction of Leigh.

I'll "temper" the rumour by saying it comes from an NRL source, currently active in the NSW cup who has heard that a number of players have been targeted by a scout looking for players for a recently relegated SL side.....can't be Widnes as their squad is looking complete, so I am just joining the dots here and I may be wrong. (has happened before)
Maybe Del Boy was just trying to remove the last £80,000 obstacle to a sale of the club?

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Irony is represented below. [quote="JEAN CAPDOUZE":162hm7sy]He is not telling the truth. He is talking paranoid rubbish.[/quote:162hm7sy]:d7dc4b20b2c2dd7b76ac6eac29d5604e_59837.jpg



Latest rumour

13 players signed up for Leigh, and a cash injection from a current sponser.

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238 posts in 17 pages 
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Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
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Subscribe | Moderators: Admin, Durham Giant , TimperleySaint



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