FORUMS > Wigan Warriors > Lenagan to sell the club? |
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| Quote: Rogues Gallery "And what would happen to Leeds, Saints, Wire, Huddersfield, Leigh etc if Caddick, Coleman, Moran, Davey, Beaumont et al decided to "call their debts in"'"
Can't speak for the other clubs but historically Leeds have lent Caddick money rather than the other way around.
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| Quote: The Ghost of '99 "Can't speak for the other clubs but historically Leeds have lent Caddick money rather than the other way around.'"
are Leeds not an organisation instead of club with the cricket and both rugbys?
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| Quote: Pieman "are Leeds not an organisation instead of club with the cricket and both rugbys?'"
They have a netball team now too
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| Quote: Egg Chasing "They have a netball team now too'"
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| Quote: Egg Chasing "https
beltin
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| Lmaoooo. A load of armchair accountants called me out on Wednesday when I called the club insolvent. They said I was wrong.
Sorry, what I should have said is that the company is over £5million insolvent with liabilities due without one year of nearly £8m.
Prove me wrong
You cant
Your club is worthless
Soz
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| Quote: Steph Curry "Lmaoooo. A load of armchair accountants called me out on Wednesday when I called the club insolvent. They said I was wrong.
Sorry, what I should have said is that the company is over £5million insolvent with liabilities due without one year of nearly £8m.
Prove me wrong
You cant
Your club is worthless
Soz'"
easy, the losses are cleared....hence we arent insolvent , your welcome
soz
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| "Insolvency is when a company is not able to pay its debts or other outgoings on time or in full. "
Show us the debts
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| Quote: Pieman "are Leeds not an organisation instead of club with the cricket and both rugbys?'"
No they are a Rugby League club. They were never the same company as the union team although were under common ownership for a few years. Caddick disposed of the union team several years ago and they no longer rent Headingley.
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Player Coach | 3092 | No Team Selected |
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Feb 2006 | 19 years | |
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| Quote: Steph Curry "Lmaoooo. A load of armchair accountants called me out on Wednesday when I called the club insolvent. They said I was wrong.
Sorry, what I should have said is that the company is over £5million insolvent with liabilities due without one year of nearly £8m.
Prove me wrong
You cant
Your club is worthless
Soz'"
Wigan are technically insolvent in the accounting sense but that's different from actually being unable to pay their debts.
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| Quote: The Ghost of '99 "No they are a Rugby League club. They were never the same company as the union team although were under common ownership for a few years. Caddick disposed of the union team several years ago and they no longer rent Headingley.'"
Didn't realise they had so many issues. Relegated, went bust, changed their name again. They'd fit in in our code.
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| Quote: The Ghost of '99 "No they are a Rugby League club. They were never the same company as the union team although were under common ownership for a few years. Caddick disposed of the union team several years ago and they no longer rent Headingley.'"
thought they were merged under Leeds Rugby LTD
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Rank | Posts | Team |
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| Quote: Pieman "thought they were merged under Leeds Rugby LTD'"
A dormant holding company which owned two entirely separate trading companies.
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| Quote: The Ghost of '99 "A dormant holding company which owned two entirely separate trading companies.'"
yeah so both clubs were under the umberella of it? its since split them hasnt it?
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