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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
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Quote: Tricky2309 "I think the circumstances were different to a certain degree in that you were already in the championship (or whatever it was called at the time) and undoubtedly these players would have left anyway. THe way things are going we are going to be left with a Championship squad trying to compete week in week out in SL and the main reason now appears to be that the RFL can't get their act together and provide written confirmation that the new owner is fit and proper, which is something they had already confirmed verbally.'"


I'm not sure things are all that different. These were players that were still under contract at my club and we went from having one of the best squads in the competition to having a squad of five players and needing to overturn a 9 point penalty.
It also took the RFL somewhere in the region of 2 - 3 weeks to rubber-stamp everything for us meaning our first and junior teams were completely decimated.

In terms of the RFL... I thought that there was a report in one the papers yesterday from the Administrator saying that they were waiting on Mr Glover to make the next move?

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Quote: Chris B "I'm not sure things are all that different. These were players that were still under contract at my club and we went from having one of the best squads in the competition to having a squad of five players and needing to overturn a 9 point penalty.
It also took the RFL somewhere in the region of 2 - 3 weeks to rubber-stamp everything for us meaning our first and junior teams were completely decimated.

In terms of the RFL... I thought that there was a report in one the papers yesterday from the Administrator saying that they were waiting on Mr Glover to make the next move?'"


There are conflicting stories from the administrators. Their website states they have agreed a sale to Mr Glover subject to the RFL confirming in writing he is a fit and proper person. Yesterday morning one of them said a deal hadnt been agreed with him yet and then another story later that day said they expected the deal to be concluded Tuesday (which we all took as yesterday).

Mr Glover seems to be a sensible businessman and I doubt he got it wrong, I think he is being "dicked about" by the RFL

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[i:10za56ci]Hold on to me baby, his bony hands will do you no harm It said in the cards, we lost our souls to the Nameless One[/i:10za56ci]:d7dc4b20b2c2dd7b76ac6eac29d5604e_6505.jpg

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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.

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Upton cat I hope you don't mind I copied and pasted your letter to the RFL and ised it a little and sent it again, with Upton cats approval do you not think if we all did this it would come to the point that they would have to reply to one of us.

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Quote: Kosh "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.'"


Excuse my ignorance,but how does having the security of the ground indicate that its not an interest free loan?
It sounds exactly like a loan to me secured against the ground.

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Quote: Chris B "I'm not sure things are all that different. These were players that were still under contract at my club and we went from having one of the best squads in the competition to having a squad of five players and needing to overturn a 9 point penalty.'"


Not sure but if a club is relegated from SL, does it mean that the players then become free agents and allowed to move which is slightly different as we are still in SL for the minute.

Not being picky like but if you had one of the best squads why were you relegated in the first place.

One thing we do share though is the points deduction due to the incompetance of other people, so we can now say we know how you must have felt icon_smile.gif

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Quote: chissitt "Not sure but if a club is relegated from SL, does it mean that the players then become free agents and allowed to move which is slightly different as we are still in SL for the minute.

Not being picky like but if you had one of the best squads why were you relegated in the first place.

One thing we do share though is the points deduction due to the incompetance of other people, so we can now say we know how you must have felt
We weren't relegated... we finished the season in the Championship that year. We were relegated in 2005 I think.

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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing



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