Any future involvement of that family and we can write of our future. I believe it's as simple as that. Now is the time to start again, a chance to cut the disease, break free from this amateurish setup and run the club like a real business not like a carboot stall. I couldn't bear it if on Tuesday I was told that we had new owners but they were still involved with the day to day (mis)management of the club. Clan, SC, are your presumptions based on understandable negativity and guess work, or do you know something? I hope to god you're wrong

This would have been the first time in twenty years that I would have bought a season ticket owing to shift work. However if the Richardson family are still in situ then I am afraid that I am finished with the club and I have been a supporter for over forty years.

Obviously interested buyers will have had meetings with the club, Yorkcourt, Rodders, SL/RL, the accountants etc ,etc
When the administrators are appointed they take over the running of the business, the old board then have no say in the management of the club. The administrators role in normal situations is simply to work for the best interests of the creditors. They will collate all offers for the club from the interested buyers. Together with SL / RL they will decide which offer will be accepted. SL will have a big say on this as all SL clubs represent a 1 /14th share in SL. So SL will have a massive say in which offer is accepted.

Potential buyers will make an offer for the clubs assets ( Benidorm flats etc etc ) and will also confirm arrangements made with creditors, shop suppliers, Rodders etc etc. ( good news is that players and staff are fully paid and we have no SL / Rugby debt , unlike the Crusaders situation ) The administators and SL will decide which offer to accept based on value to creditors and also which offer is best for SL. So they may not accept just the highest offer for the assets. Which buyer will be best for the new club, SL and the creditors.

I just cannot see how the views of the old club will be considered.

What criteria will it get decided though? Id rather the new owners have 100+ million like the guisley guy compared to someone with 2 million added up?

just one problem niggling away at me, what if one of the major creditors was whoever we rent the ground from? would put them in a strong position to say who preffered bidder was?

Having been TUPE'd in the last 12 months, one hopes, for the good of the club, that a 'sympathetic' person does not buy the club so the new owners can get rid of the deadwood in the way I was! (Not that I was deadwood, just didn't fancy the commute to Chorley from Wakefield every day!)

If they do get hold of the club, I am sure many will stop going having had enough.

Whatever happens good luck to everyone

i heard from a friend who up until a short while ago worked for Wakefield Trin that there had been an offer from the RFL to assist with the payment of the Tax bill, however i took it with a pinch of salt. The only slant i could put on it was that the RFL had said if the club could find a buyer to take over the club before administration and take on the debts the RFL would assist with the tax in order to hide their embarassment that in the final year of this 3 year stint of super league licences 2 clubs have already gone into administration.

I do think that Mr Richardson and Co are responsible for the situation you are in, however i also feel that the licence system has caused clubs to try to live beyond their means, and i can see your situation happening again in 3 years time as clubs will do anything to stay within the superleague elite.

Good luck i hope that if you do go into administration that it works out for you.

Hi guys,
I'm relatively new to this site but having read the various threads it would seem that excitement grows and matters are coming to a head! IF Mr Parkin comes aboard I would welcome him. Surely someone who has, apparently been linked in the past with LUFC, will find the finances of a SL club relatively simple-I've always though that with professional management, a clean slate, plus some investment is the key to progress.

I shall hope, like everone else that Trinity fans get what they deserve and have not had for too long -genuine succes-I want to see it again, Roll on and here's hoping!!!

Many people have accepted that we will go into admin and may even drop down a division for 2012.However there seemed to be a general feeling of optimism that the entering of Administration would ultimately lead to a complete new board of directors and a bright future with the current regime having no connection to the club what so ever.

If admin doesnt lead to the complete cleansing of the club -- it would be a complete disaster!!!!!!!!!!!!
There will be no bright future.
There will be no investement.
The floating supporters will stay away.
Committed supporters will turn away.
The club will find it self in another mess within 12 months.

Richardson and his cronies have become an embarrassment to the club and the game!!

Richardson - get the hell out and take your brood with you!!!!!!!!!!!!

Whatever system of P&R is in place makes that happen. There was no franchising when we went into a CVA in 2001. It's poor management to spend beyond your means, whether you are in the Super League, Championship or an amateur club.

If you look at Adeybull's post on the first page of this thread, it's likely that the sale through Administrators will need to be done without arranging a meeting of creditors beforehand so it will be down to the Administrator to decide who is making the "best" offer. While the creditors may not see this as being ideal, it's probably going to be the best deal they'll get.

If the LE article was correct in stating that the club were to be allowed to stay at BV rent-free until the end of 2010 then we don't owe them anything significant yet. IIRC the LE article goes on to say that an agreement had been reached with the LPA Receiver acting for Bank of Ireland about the level of rent payable for 2011. There is no reason why this should change as a result of the club going into Administration.

That's true, although the circumstances now are different to 2001 when Pearman had both promised to provide investment (which never came through) and committed the club to expenditure that he didn't have the authority to do.

read it, and understood it thank you mr patronising.
still something niggling away though, somewhere there must be a big hole, much bigger than 350k owed to tax man, so how big is it? and who is it owed to?

not quite grand canyon size but bigger than a bunker. irish bank, taxman, rodders