|
 |
| Rank | Posts | Team |
| International Chairman | 259 | No
Team
Selected |
| Joined | Service | Reputation |
| Sep 2002 | 23 years | |
| Online | Last Post | Last Page |
| Jan 2015 | Jan 2015 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote RebelRebel="RebelRebel"So why do the Crusaders supposedly owe the RFL 700K, payable through SKY monies over a 4 or 10 year period, depending on who you believe? Would the RFL be entitled to their money back before HMRC?
Surely it's not a question of any new owner starting with a clean slate. It's a question of buying the club at a price that allows you to factor in existing debt.'"
because the RFL was able to enforce it as a condition of gaining membership of the rfl which the crusaders needed |
|
|
| Rank | Posts | Team |
| International Chairman | 5392 | Wakefield Trinity |
| Joined | Service | Reputation |
| Dec 2001 | 24 years | |
| Online | Last Post | Last Page |
| Jan 1970 | Jun 2022 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote RDM="RDM"The RFL loan was to the "new" Crusaders rather than the company that went into Administration.
If the new business goes bust while the RFL loan is outstanding, the RFL will get their money back as they've taken a charge over the Racecourse Ground and would therefore be classed as a "secured" creditor rather than HMRC who are "unsecured" along with any other supplier that might be owed money.'"
So the old Crusaders had no assets that could be realised, the new Crusaders do?
Where do we stand then, with administration and Belle Vue? |
|
|
|
| Rank | Posts | Team |
| Club Coach | 4809 | No
Team
Selected |
| Joined | Service | Reputation |
| Jun 2005 | 20 years | |
| Online | Last Post | Last Page |
| Mar 2016 | Nov 2015 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote Khlav Kalash="Khlav Kalash"I think that's what hacked HMRC off, the fact that other creditors lost out yet the RFL was able to somehow protect their own interests.'"
Perhaps HMRC should ask football to get rid of their 'preferential creditors' rule, which will cost them far more money than if it happened in rugby league, or any other sport for that matter. |
|
|
| Rank | Posts | Team |
| Player Coach | 269 | No
Team
Selected |
| Joined | Service | Reputation |
| Aug 2010 | 15 years | |
| Online | Last Post | Last Page |
| Sep 2011 | Feb 2011 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote MOPSEY LIVES ON="MOPSEY LIVES ON"if youd of put your a waste of time mate you wouldnt of been far wrong.
 '"
should read
You'd put you're a waste of time....
I see your literacy skills match you rugby coaching ability |
|
|
| Rank | Posts | Team |
| Player Coach | 708 | London Skolars |
| Joined | Service | Reputation |
| Apr 2008 | 17 years | |
| Online | Last Post | Last Page |
| Sep 2024 | Sep 2017 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote RebelRebel="RebelRebel"So the old Crusaders had no assets that could be realised, the new Crusaders do?
Where do we stand then, with administration and Belle Vue?'"
The ground was sold to Cala, although Yorkcourt are now in the process of taking it off Cala's hands for what would be a final payment to WT of £350k.
The simple answer is that it's a problem for the Administrator to sort out!!! |
|
|
|
| Rank | Posts | Team |
| Player Coach | 532 | No
Team
Selected |
| Joined | Service | Reputation |
| Apr 2008 | 17 years | |
| Online | Last Post | Last Page |
| Feb 2015 | Feb 2015 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
|
Could someone please explain its probably been said elsewhere, how come we owe HMRC ? I thought Rodney Walker paid the debt off.
|
|
|
| Rank | Posts | Team |
| Player Coach | 708 | London Skolars |
| Joined | Service | Reputation |
| Apr 2008 | 17 years | |
| Online | Last Post | Last Page |
| Sep 2024 | Sep 2017 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote Fred Gee="Fred Gee"Could someone please explain its probably been said elsewhere, how come we owe HMRC ? I thought Rodney Walker paid the debt off.'"
Previously answered |
|
|
| Rank | Posts | Team |
| International Chairman | 5392 | Wakefield Trinity |
| Joined | Service | Reputation |
| Dec 2001 | 24 years | |
| Online | Last Post | Last Page |
| Jan 1970 | Jun 2022 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote RDM="RDM"The ground was sold to Cala, although Yorkcourt are now in the process of taking it off Cala's hands for what would be a final payment to WT of £350k.
The simple answer is that it's a problem for the Administrator to sort out!!!'"
I appreciate the replies, RDM, so please don't take this questioning the wrong way.
BUT
I think most people on here were under the impression that we'd sold the ground to Gala and were still due half the amount in final settlement. Are you saying that in fact, all that is still outstanding from the sale of Belle Vue is 350K?
It probably is for the administrator to sort out, as you say. |
|
|
|
| Rank | Posts | Team |
| Player Coach | 793 | No
Team
Selected |
| Joined | Service | Reputation |
| Jan 2011 | 15 years | |
| Online | Last Post | Last Page |
| Dec 2016 | Dec 2016 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
|
does this mean we will be playing super league this year or not? i hope my catalan trip is not going to be spent in a bar in spain!!!
|
|
|
| Rank | Posts | Team |
| Player Coach | 708 | London Skolars |
| Joined | Service | Reputation |
| Apr 2008 | 17 years | |
| Online | Last Post | Last Page |
| Sep 2024 | Sep 2017 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote RebelRebel="RebelRebel"I appreciate the replies, RDM, so please don't take this questioning the wrong way.
BUT
I think most people on here were under the impression that we'd sold the ground to Gala and were still due half the amount in final settlement. Are you saying that in fact, all that is still outstanding from the sale of Belle Vue is 350K?
It probably is for the administrator to sort out, as you say.'"
As was I until I met with the club last week.
Cala no longer want the ground, but are contractually committed. Yorkcourt offered them a way out, although it means that WT receive less than was remaining from Cala.
Definitely one for the Administrator to sort as it will depend on the contractual position between Cala & YC at the point the club enters Administration. |
|
|
| Rank | Posts | Team |
| International Chairman | 5392 | Wakefield Trinity |
| Joined | Service | Reputation |
| Dec 2001 | 24 years | |
| Online | Last Post | Last Page |
| Jan 1970 | Jun 2022 | LINK |
| Milestone Posts |
|
| Milestone Years |
|
|
| Location |
|
| Signature |
|
TO BE FIXED |
|
| Quote tamargrace="tamargrace"does this mean we will be playing super league this year or not? i hope my catalan trip is not going to be spent in a bar in spain!!!'"
There are worse places to be. |
|
|
|
|
|
