Quote: jack in the box "It isn't a debt its a purchase cost.
I have never heard of this one so I will have a guess the figure was £20K for the sake of argument.
When AG negotiates the club from the administrator He is told It will cost £40K and he also needs to pay the RFL £20K
So he knows this at the time. He either agrees thinking its a fair price or he negotiates to a price that is acceptable. If he thinks he is paying to much for the overall 'package' then he doesn't buy.
There is a thing called due diligence and if done correctly all extra costs should have been highlighted. This includes all missed business opportunities like the shirt sales etc. AG will have known these and gone in with eyes wide open.
What I am fed up of hearing about is the old regime, all their influence finished when the club was liquidated.
Likewise everything that's happened since AG took over is down to him.
One last point I agree AG has pumped loads into the club and without him we would not be here today.'"
Are we at cross purposes here. Whether its a debt or a purchase cost it's still cold hard cash he had to pay to get a super league licence. And don't kid yourself it was 20k!!!