Well said 'Sandal Cat'

Well yes I agree with you sandal cat .. but the best deal would be with the new club to secure the players in what I suppose would be a pre pack ?so no players would be lost.

And as for the R.L. negotiation would have to take place prior to any decisions being made and I guess with woods best mate as our chief exec then we would stand a good chance.

The end result would be a debt free club ...with players retained
or if the monies require to meet our debt are not raised

A club in 2 million pounds of debt with the best players sold.

I'm not sure that anyone should want what you're advocating.
Ok the club may walk away from some debts but, some poor souls don't get paid, which could mean that their livelihood goes down the pan as well.
If YOU were a creditor of WTW, would you really want this.
We need EVERYONE to get behind the club, renew you S/T, sign up for the 1873 lottery and register for Foxy bingo
and if enough of us do this, there shouldn't be a problem next season.

If the admin route was taken, make no mistake, wtw is out of super league. This was made very clear to us during the recent negotiations. They would not allow us to walk away from debts and retain our place.

And nor should they. Our reputation as a club would suffer even more. I am glad you are making the club cut its cloth and that bills will be paid one way or another.

Waiting for share offer to hopefully be finalised before I raid my piggy bank

Me too - waiting for details of share offer.

New to the board -I'll offer my support via share offer ideally but failing that donation/s

Well done you.
That's as good a first post as you can get.

Welcome.

ST are working on it so it won't be long.

I think this avenue has been explored and rejected by the RFL.

As Daddy Cool has said Administration = Championship

Trading between any company there is always a risk of none payment

Recent negotiations with the R.F.L ? I guess that this option must have had some merit then.

It may have. I think Crusaders did a pre-pack and it left a sour taste with the RFL when they wanted to do it again so I don't think they'll allow anyone to do this again.

The choice is to carry on as we are and pay our creditors or put the Club into Administration and someone pick up whats left and start again in Championship 1, assuming you are allowed in the Championship.

It sounds as if we have already tried sandal cat?

I'm guessing but I wonder if the recently formed company Wakefield Trinity Wildcats Ltd that I think Tigerade unearthed may have been set up for that purpose.

Tread carefully guys - as Basil Fawlty once said "I mentioned it once and I think I got away with it". Then the moose head fell on him.