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Who gives a toss. It's not like anyone likes us anyway.

We killed Sheffield
We killed Paris
We ruthlessly crushed the dreams of Dewsbury and Hunslet to preserve our Superleague status
We have no crowds
We sign young players from Castleford to keep ourselves alive rather than develop our own
Ken Davy is a financial vampire who crippled Town to fuel his ambitions for the Giants

This court case won't make a blind bit of difference to anyone. The haters will hate whatever happens. They can all rot in hell for all I care.

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It doesn't, it covers you via an insurance company who assess your claim and allow you to pay a premium for them to underwrite your case. Most cases can be brokered - as I said in an earlier post the premium forms where you offer the out of court settlement. So if the premium was 50k you may offer £55k out of court, ie the premium plus the court costs for 2 days in court. It's up to the claimant to accept OOC or choose to have a day in court, either way it costs Giants £50k + Pre insurance fees.

Your team not paying inland revenue cannot be insured against, because nobody in the industry will insurance against the Government because you don't win.

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Loving the hypocrisy! Rolly eyes all round!

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Oh dear, looks like illegally poaching Kopout cost you a fair bit more than you bargained

Well done Keith Mason

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It is another shambles in Thewlis era sack him he is useless !

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Rolly eyes will not pay The Revenue
Rolly eyes won't Cillit Bang THOSE stains.

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Were the giants relying on Thewlis to buy this insurance? Hope he remembered.

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Quote: Wadski "It doesn't, it covers you via an insurance company who assess your claim and allow you to pay a premium for them to underwrite your case. Most cases can be brokered - as I said in an earlier post the premium forms where you offer the out of court settlement. So if the premium was 50k you may offer £55k out of court, ie the premium plus the court costs for 2 days in court. It's up to the claimant to accept OOC or choose to have a day in court, either way it costs Giants £50k + Pre insurance fees.

Your team not paying inland revenue cannot be insured against, because nobody in the industry will insurance against the Government because you don't win.'"


Did you offer an OOC settlement?

I've got a policy for my house contents, but if I don't follow due diligence (ie lock my door and turn the burglar alarm on) it wouldn't pay up if I was burgled. Insurance companies are THE experts when it comes to not paying out (after us, of course....there, I beat you to it)!

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Quote: wakeyrule "I think you misunderstand, its NOT the financial aspects of this sorry affair that carry most significance. Its the fact that the Giants have been shown to be underhand, lacking in ethics and morality, duplicitous, two-faced - call it as you will. The fact that the court case confirms Bradfords suspicions that he was tapped up, and that the RFL apparently knew and kept quiet about it exacerbate the stink around this whole sorry affair, and the fact that the Giants constructed a cack-handed excuse to sack him is beyond the pale.

All in all, the financial ramifications will be short lived, its the stain on your clubs reputation that will be harder to clear.'"


Confirmed Bradford suspicions? I think you'll find those were confirmed when we had to pay them compensation!
A Wakey fan wittering on about reputation- seriously I actually did laugh out loud when I saw that comment.

CCJs, breaches of cap, failure to deliver on new stadium promises, administration, crowd trouble....again.... How much is that suspended fine by the way....

Yep the giants will have such a tarnished reputation....

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Quote: jools "Confirmed Bradford suspicions? I think you'll find those were confirmed when we had to pay them compensation!
A Wakey fan wittering on about reputation- seriously I actually did laugh out loud when I saw that comment.

CCJs, breaches of cap, failure to deliver on new stadium promises, administration, crowd trouble....again.... How much is that suspended fine by the way....

Yep the giants will have such a tarnished reputation....'"


Well, as long as you're comfortable with it eh?

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No, the legal adviser will have advised that and used a broker to find an insurance company to do that. The solicitors will have been paid out for their time from the policy.

ATEOD I can only speculate based on standard practice from the industry. Someone had to sign and pay the premium. If they went in bare then expect to be burnt.

Fair does to Keith. He had a case, based on things I read yesterday he had a strong case. Thewlis sending emails with with subjects like he did to his agent is just amateur. I hope the club will learn from this. A more professional approach is needed from several areas as the back of office is not matching the onfield.

I would love to get involved the business side of the club.

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Hello,just having a chuckle to me self reading this,someone on here talks about insurance well i hope its in place because the total bill for this mess will be about 300K give or take a few shilling. icon_confused.gif

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Quote: jools "Confirmed Bradford suspicions? I think you'll find those were confirmed when we had to pay them compensation!
A Wakey fan wittering on about reputation- seriously I actually did laugh out loud when I saw that comment.

CCJs, breaches of cap, failure to deliver on new stadium promises, administration, crowd trouble....again.... How much is that suspended fine by the way....

Yep the giants will have such a tarnished reputation....'"




Nicely deflected,turn it round onto Wakie and pretend it hasn't happened

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Quote: BOYD2 "Hello,just having a chuckle to me self reading this,someone on here talks about insurance well i hope its in place because the total bill for this mess will be about 300K give or take a few shilling.
Out of interest, how've you arrived at £300k?

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I'll chuck a penny into ye old troll pond!

Who's with me...?!

211 posts in 15 pages 
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Subscribe | Moderators: Admin, Code13 , Durham Giant
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Subscribe | Moderators: Admin, Code13 , Durham Giant



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