Quote: mikej "Firstly administration is an attempt to find a way for the club to continue. IF IF IF this fails New Co set-up. New Co acquires the assets of old co (after the big boys have had their "meal"icon_wink.gif. New Co end up with some players it owns, some players on loan to the end of the season and the name but most importantly none of the debts. New Co then agrees with the RFL (with the support of SKY ......oh and Im sure they will ask the other teams as well) to step into the void to fulfil a temporary vacancy within the superleague structure and fulfil the remaining fixtures of old co.
End of season applications made by all relevant parties to fulfill the vacancy based on normal SL application criteria......Prediction Halifax promoted in place of "Bradford 2012".
As for the rules allowing it, dont know the specific regulations but in previous season it has been stated that "provisions are available should a team find it impossible to fulfil its fixtures"'"
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If administration fails and the company is liquidated then I would expect that there is not SL status to be marketed. Liquidation is a closing down sale - everything which can be sold, will be sold even if it is just for a penny. If SL status can be sold then Leigh (my team), Fev, FAX etc could buy it...
