Quote: Tricky2309 "Sorry but your talking crap. If Crusaders were not in serious trouble how did they manage to rack up debts of over 2m including 700k to the RFL for assistance they gave them (which has subsequently being converted into what appears to be an interest free loan which effectively guarantees their SL future). I am sure that their creditors could have received a far better deal had O'haras sold Witt, Sammut and Withers to name a few.'"
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.