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Subscribe | Moderators: Admin, Dick Jones , jonny the leyther , mish
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I'm a bit concerned about the club falling into the hands of one person . What happens if say in 10 years time the person gets fed up of Rugby and being constantly fobbed off by the RFL and he folds the club and builds a few blocks of flats ? , It's in a prime spot for renting to workers who work in Manc / Liverpool to get a guaranteed return for his money .

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Quote: tiswallace "I'm a bit concerned about the club falling into the hands of one person . What happens if say in 10 years time the person gets fed up of Rugby and being constantly fobbed off by the RFL and he folds the club and builds a few blocks of flats ? , It's in a prime spot for renting to workers who work in Manc / Liverpool to get a guaranteed return for his money .'"


Nobody is going to demolish the LSV.

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Quote: mr. chairman "Can't believe some on here want the club to fall into liquidation so they can get it back with no strings attached. Do these people know that it hurts a lot of people when companies go under . Embarrased to be reading this'"


Not sure I can find a post saying putting the club into administration is a good idea.

Its certainly one way of relieving a company of debt though and i think RL has form in this area....Crusaders, London Broncos/ Harlequins and Gateshead.

I've seen a company create two separate companies, load one up with all the debt, close it down and buy back the carcass for next to nothing and end up with no debt.
The guy isn't in jail but someone else could end being, once they get their hands on him.

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Quote: tiswallace "I'm a bit concerned about the club falling into the hands of one person . What happens if say in 10 years time the person gets fed up of Rugby and being constantly fobbed off by the RFL and he folds the club and builds a few blocks of flats ? , It's in a prime spot for renting to workers who work in Manc / Liverpool to get a guaranteed return for his money .'"

I'd have thought there will be a covenant of some sort placed on the LSV (if that is still possible in this day and age?) where it would have to remain as a sporting facility.

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I can't imagine that it would be economically viable to buy the LSV (£15-20m?) and then demolish it for homes.

There are also measures that I'm sure Wigan Council would take to prevent such a scenario developing should someone want to buy the LSV from them.

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I can't see it being any thing like £15-20 million with the LSV tumbleweed complex making a fraction of what the council expected , I can see them wanting to wash they're hands of the White Elephant .

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i never realized leigh had so many supporters with buisness degrees !everyone seems to know how the club should be run may i suggest leaving the running of the club to those currently in charge and concentrate on supporting leigh rugby

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Councils will sell a losing operation for peanuts.
The tram system in Sheffield was built with tax payers money, then after a few years of horrific loses it was sold to Stagecoach for £1.15m.
To put that in perspective, the trams alone cost £3.5m each to build.
I would expect Wigoon Council to be onlt too glad to see the back of the LSV

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Quote: mac 71 "i never realized leigh had so many supporters with buisness degrees !everyone seems to know how the club should be run may i suggest leaving the running of the club to those currently in charge and concentrate on supporting leigh rugby'"


icon_eek.gif You underestimate Leythers - most are fortunate to have either been to Harvard Business School or Manc. Road (Bedford High to the young ones) mate - both equally good schools. icon_lol.gif

IMO I don't see any harm in discussing issues - seem to recall Mr Barton inviting 'ideas' from those with some / any form of acumen - of which there are many who are true fans of LRLC!

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Quote: mr. chairman "Well this was said and the other by Maurice , I will put on when I find it

A way out would be to put a company into administration, settle with creditors and then buy what assets remain.'"

But read it, it doesnt say thats what he wants, he just says thats one way out of it

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I think you should point out Keith that I didn't write all of that, only the first part.

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Doesn't going into administration carry a large points deduction ? , depend ing on where your from .

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Quote: tiswallace "Doesn't going into administration carry a large points deduction ? , depend ing on where your from .'"


Wouldn't it also stop us applying for SL for the 2015 season which would mean that the next time we could be in SL would be 2018!!!

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Quote: Chancellor Palpatine "Wouldn't it also stop us applying for SL for the 2015 season which would mean that the next time we could be in SL would be 2018!!!'"


Possibly , although the SL clubs are playing to different rules on this , and SL applications should be the least of our worries ATM , IMO

154 posts in 11 pages 
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Subscribe | Moderators: Admin, Dick Jones , jonny the leyther , mish
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Subscribe | Moderators: Admin, Dick Jones , jonny the leyther , mish



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