Quote The Clan="The Clan"Give me a break!
Crusaders went into admin owing in excess of 2.2Million and the only debt carried forward was to the RFL(hello.....conflict of interest....hello)!'"
In what way is it a conflict of interest? I struggle to see any argument where by the RFL insisting a debt that would otherwise have been unpaid and subsequently lost when the previous company was liquidated was paid in full, was something that the RFL did in favour of Crusaders.
Quote The ClanThe owners who applied for administration did so to clear the debt so they themselves could buy the club back debt free (apart from the deal to pay the RFL). Not only did they make zero attempts to stay out of administration they actively sought it without any other avenues being explored.
'"
Which avenues would you have expected them to explore that you know they didnt? If going into administration allows them to build a stable and secure company and staying out of it allows them to simply stay out of it, running up more debts and going further away from stability and security then going into administration is the right thing to do. The same as it seems to be in Wakefields case.
Quote The ClanWakefield on the other hand staved off two winding up orders earlier in the year and did their best to avoid the third by agreeing a payment term with HMRC which was withdrawn because of the RFLs compliance in seeing Crusaders avoid their tax bill via administration. Doomed it may have been but at least the club tried to raise the money by hook or by crook after the RFL had refused to loan them the £350K that would have helped them avoid all the bad publicity the sport has suffered through Wakefields situation, by the way, more double standards from the RFL!'"
Wakefield didnt have any security to put up against the loan. The RFL took out a charge on the racecourse ground as security. Thats just sensible, its not a double standard.
Would you loan Ted Richardson £350k with no security?
Quote The ClanFinaly we have the old BoD applying for administration as a last resort to save the club and not as a mechanism to wipe off debts so they can buy it back for a song and be debt free.'"
I think you are using a bit of artistic license to argue the Ted Richardson put the club into administration as an effort to save the club. He could have give it away, but no-one seemed to want the debt. It seems Mr Glover would rather start with the debts wiped out, than take them on.
Quote The ClanAnother BIG consideration that Wakefields debt is less than one third of the Crusaders debt.
Will any of this make a difference to the decision on how many points Trinity are deducted?
No!'"
The size of the debt which sunk crusaders has never ever been mentioned as part of the reasoning when deciding their points deduction. It would certainly be a double standard if The RFL decide that Wakefields level of debt is relevant, but never did so for the Crusaders.