| FORUMS > Wigan Warriors > Lenagan to sell the club? |
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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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| Apr 2010 | 14 years | |
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| Quote: Egg Chasing "https
beltin
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Rlfans - the most toxic rugby league forum in the world: |
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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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| Rank | Posts | Team |
| International Star | 4722 | No
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| Apr 2010 | 14 years | |
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| Oct 2024 | Sep 2024 | LINK |
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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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| Rank | Posts | Team |
| International Star | 4469 | |
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| Jan 2013 | 12 years | |
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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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"Brian McDermott, with a wry smile, nods when asked if he remembers a specific incident which made him realise he was a prick. 'I do', he murmurs.":22575.gif |
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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
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| Feb 2006 | 19 years | |
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"Brian McDermott, with a wry smile, nods when asked if he remembers a specific incident which made him realise he was a prick. 'I do', he murmurs.":22575.gif |
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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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| Rank | Posts | Team |
| International Star | 4469 | |
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| Jan 2013 | 12 years | |
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| Sep 2023 | Aug 2023 | LINK |
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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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| Rank | Posts | Team |
| International Star | 4722 | No
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| Apr 2010 | 14 years | |
| Online | Last Post | Last Page |
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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 |
| Player Coach | 3092 | No
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| Joined | Service | Reputation |
| Feb 2006 | 19 years | |
| Online | Last Post | Last Page |
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22575.gif
"Brian McDermott, with a wry smile, nods when asked if he remembers a specific incident which made him realise he was a prick. 'I do', he murmurs.":22575.gif |
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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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| Rank | Posts | Team |
| International Star | 4722 | No
Team
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| Joined | Service | Reputation |
| Apr 2010 | 14 years | |
| Online | Last Post | Last Page |
| Oct 2024 | Sep 2024 | LINK |
| Milestone Posts |
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| Milestone Years |
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| Signature |
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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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| Rank | Posts | Team |
| Player Coach | 3092 | No
Team
Selected |
| Joined | Service | Reputation |
| Feb 2006 | 19 years | |
| Online | Last Post | Last Page |
| Mar 2023 | Feb 2023 | LINK |
| Milestone Posts |
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| Milestone Years |
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| Location |
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| Signature |
22575.gif
"Brian McDermott, with a wry smile, nods when asked if he remembers a specific incident which made him realise he was a prick. 'I do', he murmurs.":22575.gif |
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| Quote: Pieman "yeah so both clubs were under the umberella of it? its since split them hasnt it?'"
The union club was sold then taken back and then sold again. It's always been a heavily loss making affair, even when they were in the union top flight.
They always kept the businesses strictly separate for various practical reasons. |
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