FORUMS > Wakefield Trinity > Koukash in Bid to Buy Bulls |
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| Quote: kinleycat "Too many opportunities to manipulate the game and or the league for my liking, but what if her/his bid is the best; what is the administrator expected to do?
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There's still the ratification stage after that.
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| Quote: kinleycat "No not really, we are not owned by anyone connected to Leeds so it entirely different.
Indeed kath was offered but refused to buy into the club.
She is a paid consultant only.'"
But she did have a stake in Hull, and whilst GH is an employee of Leeds to call him a mere employee does him a serious injustice. He is the Leeds Rhinos.
Maybe this situation does fall foul of the conflict of interest rules and I'm doing my best not to get my hopes up because of that. But if conflict of interest is purely based on financial interest it doesn't come close to covering the situations in which actual conflicts of interest can arise.
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| Quote: kinleycat "No not really, we are not owned by anyone connected to Leeds so it entirely different.
Indeed kath was offered but refused to buy into the club.
She is a paid consultant only.'"
Owners no, but both Kath and Gary are involved in high level decision making at both clubs. I don't see a problem if Koukash is looking to bring in a management team to run the Bulls operation. Though I can appreciate that a Wakefield fan might quietly prefer not to see a wealthy owner step in for the Bulls at this moment in time.
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| Wondered how long it would take before my post had some bulls fans on.
As for any favouritism for us from Leeds, they would hardly have loaned sutcliffe to the Bulls if that was the case
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| The suggestion isn't that there is favouritism, it's that having related people as key decision makers at competing clubs doesn't necessarily mean there is a conflict of interest. Nobody's accusing anybody of anything.
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| Quote: Tricky2309 "Wondered how long it would take before my post had some bulls fans on.
As for any favouritism for us from Leeds, they would hardly have loaned sutcliffe to the Bulls if that was the case'"
Which is my point, there isn't any back hand dealing or favouritism between the Hetherington's so why should we assume any different with the Koukash family? If they're genuinely looking to finance two or more rugby league clubs then I think we should be welcoming them with open arms.
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| Quote: vbfg "There's still the ratification stage after that.'"
True, its certainly interesting times.
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| Quote: vbfg "But she did have a stake in Hull, and whilst GH is an employee of Leeds to call him a mere employee does him a serious injustice. He is the Leeds Rhinos.
Maybe this situation does fall foul of the conflict of interest rules and I'm doing my best not to get my hopes up because of that. But if conflict of interest is purely based on financial
The question was "Could you not apply the same theory to when Wakefield play Leeds?" to which the answer was no, the points you raised are all historic or just irrelevant intended to prove some parity which just isn't there at least not in relation to us anyway.
I don't know the rules as to whether or not it is a conflict of interests although i suspect there is some grounds for assuming it is, time will tell and the rfl will do what they want anyway. The potential problem i see here is if the Koukash mark 2 offer is the best and the RFL do not approve it, where does that leave the administrator and the creditors? Could they sue for losses?
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| Quote: Bully_Boxer "Owners no, but both Kath and Gary are involved in high level decision making at both clubs. I don't see a problem if Koukash is looking to bring in a management team to run the Bulls operation. Though I can appreciate that a Wakefield fan might quietly prefer not to see a wealthy owner step in for the Bulls at this moment in time.'"
Quite what your issue is with us on this i am not sure, i hope you get a wealthy backer...Hell i hope we do too.
All we expect is a level playing field and clearly defined guidelines that are visible and fair to all.
lets be fair its not that long ago that you agreed a hush hush £700k loan from the rfl that i'm pretty sure would have been given to all clubs in those circumstances.
Hopefully the RFL have learned from their mistakes.
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| Quote: Bully_Boxer "Which is my point, there isn't any back hand dealing or favouritism between the Hetherington's so why should we assume any different with the Koukash family? If they're genuinely looking to finance two or more rugby league clubs then I think we should be welcoming them with open arms.'"
The key word is genuine and that is something that has to be proved not assumed.
I think a cautious welcome with clearly defined guidelines is more apt than an open armed welcome.
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| Quote: kinleycat "
The question was "Could you not apply the same theory to when Wakefield play Leeds?" to which the answer was no, the points you raised are all historic or just irrelevant intended to prove some parity which just isn't there at least not in relation to us anyway.
'"
Except that the specific question that was raised was in relation to different examples of conflict of interest, and I brought up another one that was more closely analogous to the proposed situation. Therefore, respectfully, it is not even slightly irrelevant to the larger matter of conflicts of interest. The extent to which something is about you is the irrelevant point.
Enjoy the rest of your day.
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| Not a problem with bradford having coolcash on board but if it was shown that there was a definite conflict and proved to send a team down do to match fixing then the two teams of the owner would get relegated in stead. We can't afford to loose money from the sport as theres not much out there willing to help
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| Quote: vbfg "Except that the specific question that was raised was in relation to different examples of conflict of interest, and I brought up another one that was more closely analogous to the proposed situation. Therefore, respectfully, it is not even slightly irrelevant to the larger matter of conflicts of interest. The extent to which something is about you is the irrelevant point.
Enjoy the rest of your day.'"
The point I replied to from bully boxer was specifically about Wakefield and Leeds via the hetheringtons.
I'm not quite sure what you are "on about"?
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| What I am on about is conflicts of interest, as is staggeringly obvious to even the hardest of understanding and most wilful of the obtuse.
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| Quote: vbfg "Except that the specific question that was raised was in relation to different examples of conflict of interest, and I brought up another one that was more closely analogous to the proposed situation. Therefore, respectfully, it is not even slightly irrelevant to the larger matter of conflicts of interest. The extent to which something is about you is the irrelevant point.
Enjoy the rest of your day.'"
taking your anomalous response to a largely hypothetical and theoretical point, relating to conflict of interest define as "Conflict of interest is a situation when one has competing interests or loyalties in a given situation. A conflict of interest can exist in several kinds of situations and are often bias when dealing with an issue due to other personal interests"
The fact that two parties with clear family and financial interests in common would undoubtedly in the courts be considered a clear potential conflict of interest.
Given that the RFL have demonstrated that they have a strong financial interest in keeping the dulls afloat I am sure that if the only game in town then any rational decision process will be thrown out to protect the leagues own interests
On the subject of joint interests and votes at the RFL it sure did Sheffield and Gateshead a lot of good having the hetheringtons voting on their behalf
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