This all depends on the terms of the agreement with SO1873. If the Adminisdtrators have agreed in principal to sell to SO1873, they will have an agreement on what assets are included in that sale. If the administrator then sells some of those assets out from under SO1873 there may something going on that we are not (and TBH never will) be a party to.

It may also depend who the main creditor is. Usually an administrator is appointed by the main creditor (usually a Bank, but not always). We know that HMRC are owed 300,000 or so, and I can see no mention of a bank being owed anything (but we don't know). The other main creditor will Ted. Make of that what you will.

(Just adding my support here, I am a Cas fan, but TBH I am disgusted at what is going with the club - best of luck, I hope the club comes out of this okay).

Crusaders had debts run up by a previous owner. They went into admin to allow them to handle said debts. The same people who owned the club pre-admin bought it out of admin in short order. As they were the same people they didn't need to go through the 'fit and proper person' test again, and the period in admin was short enough that the administrator had neither the time nor the need to sell many assets.

The £700k owed to the RFL has not been converted into an interest-free loan. It is covered by a mortgage on the Racecourse Ground. This is an option that was unfortunately not open to Wakey. There is also some information about that suggests that Crusaders are having SKY money docked on a regular basis to ensure that it's paid back in good time.

There have been many mistakes made in the RFL's handling of Crusaders over the last few years, but the way they dealt with the administration did not show any [iparticular[/i favouritism. If they were that biased they could simply have written off the £700k rather than insist on it being paid back as a condition of allowing Crusaders back into SL.

Upton cat I hope you don't mind I copied and pasted your letter to the RFL and ised it a little and sent it again, with Upton cats approval do you not think if we all did this it would come to the point that they would have to reply to one of us.

Excuse my ignorance,but how does having the security of the ground indicate that its not an interest free loan?
It sounds exactly like a loan to me secured against the ground.

Not sure but if a club is relegated from SL, does it mean that the players then become free agents and allowed to move which is slightly different as we are still in SL for the minute.

Not being picky like but if you had one of the best squads why were you relegated in the first place.

One thing we do share though is the points deduction due to the incompetance of other people, so we can now say we know how you must have felt