FORUMS > The Virtual Terrace > ***Fire Sale*** - ENDED |
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18459_1295207560.jpg There is no such thing as normal, there is you then theres the rest
I EATS MI PORRIDGE:d7dc4b20b2c2dd7b76ac6eac29d5604e_18459.jpg |
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| 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
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Black Backgrounds/Zoot.gif Freedom for supporters of the government, only for members of one party - however numerous they may be - is no freedom at all. freedom is always and exclusively for one who thinks differently.
Rosa Luxemburg, 'Die russiche Revolution'.:Black Backgrounds/Zoot.gif |
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| 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?
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2244_1299706258.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_2244.jpg |
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| Quote: The Chronicler of Chiswic "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.
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13050.gif [b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid."― Albert Einstein[/size:112mouem] [/color:112mouem][/b:112mouem]
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Everybody gets so much information all day long that they lose their common sense." ― Gertrude Stein[/size:112mouem][/color:112mouem][/b:112mouem]
[b:112mouem][color=#0000FF:112mouem][size=100:112mouem]
"Don't believe everything you read on the internet" ― Abraham Lincoln [/size:112mouem][/color:112mouem][/b:112mouem]:13050.gif |
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| Quote: Code13 "Same thing happened to Fax when they went down.'"
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.
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Player Coach | 2925 | No Team Selected |
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18459_1295207560.jpg There is no such thing as normal, there is you then theres the rest
I EATS MI PORRIDGE:d7dc4b20b2c2dd7b76ac6eac29d5604e_18459.jpg |
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| Millard gone, confirmed
we aint gonna have anyone left by the weekend
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3390_1304612784.gif :d7dc4b20b2c2dd7b76ac6eac29d5604e_3390.gif |
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| Quote: kentcat "Millard gone, confirmed
we aint gonna have anyone left by the weekend
Given the RFL have promised help - will they offer Big Nige at prop?
Alternatively, it might be more help financially if he came and bought every pie in the stadium on every match day.
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users/saints.gif :users/saints.gif |
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| Quote: Chuck Bartowski "Depressing being a Wakefield fan at the moment'"
I feel really sorry for you guys at the moment.
I would hate anything like this to happen to my club.
I hope you can pull through this and come back even stronger.
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“We will not accept a top eight finish as a barometer of supposed success at any point in the future whilst I am the owner of this club.
Thats why you got the Bullet Agar...Adam Pearson wants winners...not useless gits like you.
"Rugby League is a simple game played by simple people. Rugby Union is a complex game played by wankers." L.Daley 2005: |
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| Quote: hullkrforever "so whats wrong with hull promoting a youth player into there squad instead of signing an aussie i thought there youth development was the best in super league as we all hear every time we sign someone
We have in Williams who will benefit rom 1st team training...Nicklas would have got some game time but is out for the season with a Cruciate injry and still big doubts over Hornes and Longs fitness......we had to do something.
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45332.png www.combatstress.org.uk - "They fight ours wars. We fight their battles":45332.png |
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| Quote: Wadski "...........................To some it will look like the RL community is asset stripping Wakefield, but I wonder if this is more the request of the new owner to allow them to reduce the salary overhead to a more manageable level?'"
"In the UK, an administration order is a process designed to protect limited companies from their creditors while a debt restructuring plan is carried out and presented to creditors and courts".
The "new owners" will become the new owners when the club comes out of "administration" As per above.
Until such time, the administrators will do what they regard as best for the running of the club/company acting in the best interest of the creditors.
As an example Scottish League Club rlDundee FCrl seemed to have staved off liquidation by offering and having a majority of creditors agree to 6p in the £ in what is due to them to make that happen. The administartor also sold a player for £150k in January transfer window.
Wakefield find themselves in the place they are today because of poor off field managment and decison making that took place.
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3738_1390436317.gif The referee's indecision is final:d7dc4b20b2c2dd7b76ac6eac29d5604e_3738.gif |
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| Quote: The Lambeth Quin ""In the UK, an administration order is a process designed to protect limited companies from their creditors while a debt restructuring plan is carried out and presented to creditors and courts".
The "new owners" will become the new owners when the club comes out of "administration" As per above.
Until such time, the administrators will do what they regard as best for the running of the club/company acting in the best interest of the creditors.
As an example Scottish League Club rlDundee FCrl seemed to have staved off liquidation by offering and having a majority of creditors agree to 6p in the £ in what is due to them to make that happen. The administartor also sold a player for £150k in January transfer window.
Wakefield find themselves in the place they are today because of poor off field managment and decison making that took place.'"
correct. the administrators have no loyalty to the club or any real desire the help them win games in the short term. their aim is to run the club as they see best, if this means selling players to raise cash to pay off creditors then they will do so.
the worrying thing for wakey is that the longer it takes for a takeover to go through the more likely it is their best players will be sold - even if the likes of murphy don't want to go, if he makes the club money he will be sold
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the original sandy, no aussie imitation!: |
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| Quote: the artist "correct. the administrators have no loyalty to the club or any real desire the help them win games in the short term. their aim is to run the club as they see best, if this means selling players to raise cash to pay off creditors then they will do so.
the worrying thing for wakey is that the longer it takes for a takeover to go through the more likely it is their best players will be sold - even if the likes of murphy don't want to go, if he makes the club money he will be sold'"
true but a lot depends on the atttitude of the administrator, his objective is to get the best deal for the creditors. if he thinks keeping the assets of the company together will attract a better offer for the business then he has the option of doing this in the short term.
Something smells bad about this to me, perhaps if there had still been a couple of interested parties looking to buy things may have been different, but these people are not liquidators they are supposed to be salvaging the business, running it into the ground by selling the best players seems a strange way of going about it.
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9857_1341488583.jpg WEST COAST PIRATES
NRL expansion? Sometime soon, maybe......:d7dc4b20b2c2dd7b76ac6eac29d5604e_9857.jpg |
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| Really feel for you guys, we've been there and it aint nice!
Fortuntely we had some top guys as administrators and they refused to destroy the club by selling it to shonky Wilby/Lloyd and helped us come out the other side relatively intact.
Best of luck, hopefully this is just a difficult step on the long and illustrious journey of one of RL's famous clubs.
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HULL KINGSTON ROVERS is my religion, Craven Park is my church and Jordan Abdull is my God: |
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| We'll have the cheerleaders
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43009_1297175231.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_43009.jpg |
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| Quote: MrPhilb "We'll have the cheerleaders'"
Really!?
Flipping heck, folk from east Hull really are weird!
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