That's just not true.

Look, the Administrators don;'t walk into a job like this with buckets full of cash, ready to pay wages, rent, rates, trade creditors etc. They are having to trade a loss-making business and have the costs associated with that, until such time as somebody decides to buy the club.

They can't sit around racking up costs and not having a plan to pay for them. What if all the proposed purchasers pull out? How do they pay salaries then?

They are taking these steps to pay for the process that could eventually save the club. No Administration, no Wakefield.

The administrator HAS to get the maximum amount of cash into any business to pay off creditors. If they get a "reasonable" offer for an asset of the business they will sell.

Whether it is good RL business is a different question.

It's happened before (Leeds screwed the Cougars), it's happening now and WILL happen again in the future.

I was wrong.

I assumed this was going to be a prepack.
Maybe it was with Parkin before he pulled out (what nasties maybe did the due dilligence uncover?) - dunno - but it clearly is not now, if indeed it ever was.

On that basis, God help the Wakey fans.

Crusaders didn't do too badly though.Went into administration in November and allegedly came out of administration on Christmas Eve.Much larger reported debt and still managed to sign players during that time and sold one player to Leeds.

But they promised to pay back their largest debt and had a ground to mortgage.

But wakefield don't just have one asset, they have several (i.e. 20-odd players), which individually aren't integral to the running of the business

Same thing happened to Fax when they went down.

The players could have said 'no'

Why would someone like Dale Ferguson turn down going to Hudds and stay at Wakey? I know where I'd rather be!

Aaron Murphy has, he's wanting to stay loyal to us

anyone who wants to go then just go, all i want is 17 that want to pull on the famous Red, White and Blue and go down fighting, that will do for me

Having been through some pretty grim times with London in all its guises, I've nothing but sympathy for the Wakey supporters - I don't have to imagine what they're going through, I know. To my ignorant mind the actions of the administrators seems a little odd - what's to stop the new potential owners deciding that too many assets have been stripped from the club so they're not interested any longer?

If they do think that then they aren't the right people to take over at Wakefield. 2 players have left the club, presumably for transfer fees. 2 players who, if the rumours are correct about contracts being valid for SL only, could (probably) leave for free at the end of the season anyway.
The new owners need to be in it for the long haul at Wakefield, which will probably involve 6 or 9 years in the Championship.

Did it? I dont think we went in to administration when we went down. Also im worried for Wakey as with Fax it was a good 10 or so games in to the season before players started leaving, obviously most had gone before the start of the season but the team that was on the field to start with was at least competitive for a few weeks.

Millard gone, confirmed

we aint gonna have anyone left by the weekend