FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!
  
FORUMS > Wakefield Trinity > Another franchise rumour
205 posts in 15 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
RankPostsTeam
Player Coach2990
JoinedServiceReputation
May 200519 years
OnlineLast PostLast Page
Nov 2024Aug 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Quote: vastman "I agree and as I said they are unlikely to be called but to dismiss them as not proper debt as the two posters did is wrong. They could be lethal in certain scenarios. IMHO they would be better off without them, certainly not such a high percentage as it does leave them very exposed especially in the current climate where many apparently wealthy individuals are going under. I mean that's pretty much how we lost control of BV.'"


I agree with you(amazing i know).

I understand Harlequins have circa £5m/£6m subordinated debt.Which just shows that the business model quite simply isnt viable,when someone is having to pump in millions each year just to keep them afloat.What happens when someone like David Hughes at Harlequins decides he doesnt want to put money in anymore!!

RankPostsTeam
International Board Member332No
Team
Selected
JoinedServiceReputation
Mar 200322 years
OnlineLast PostLast Page
Aug 2014Aug 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



About time we gave Mohammed bin Hammam and Jack Warner jobs at the club.

RankPostsTeam
Player Coach147No
Team
Selected
JoinedServiceReputation
Sep 200519 years
OnlineLast PostLast Page
Oct 2012Oct 2012LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
17603_1281784956.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_17603.jpg



Quote: fat faced fan "they may have to defend it in an employment tribunal. we don’t know the facts just yet. let’s wait and see.

regardless of this, somebody will take him for next season even if hkr get rid or don’t renew at the end of the season.

we signed tevita leo-latu afterall.'"


It all depends on the outcome, but if he has breached club rules and that is deemed serious enough to be classed a gross miscounduct he would expect to be dealt with same as any other employee in any other profession, which could lead to dismissal, then Mr cockayne would have to go down the appeal process, that's if he has breached Club rules, usually all parties involved are suspended as routine to allow a fact-finding investigation to take place.

TRB
RankPostsTeam
Player Coach10926
JoinedServiceReputation
Jun 200519 years
OnlineLast PostLast Page
Dec 2021Feb 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
15993_1515231183.jpeg
[color=#400000:2dasnjxb]"Wakefields Sporting Crusader"[/color:2dasnjxb] [b:2dasnjxb][color=#FF0000:2dasnjxb]For the latest details on the Stadium for Wakefield campaign, log onto [url:2dasnjxb]http://www.swag-online.co.uk[/url:2dasnjxb][/color:2dasnjxb][/b:2dasnjxb] [b:2dasnjxb][color=#0000FF:2dasnjxb]For the latest details on the Supporters Trust, log onto [url:2dasnjxb]http://wakefield.rlfans.com[/url:2dasnjxb][/color:2dasnjxb][/b:2dasnjxb]:d7dc4b20b2c2dd7b76ac6eac29d5604e_15993.jpeg



Quote: vastman "I can't see why not, that's simply bizarre IMHO. If a director calls in his loan and it's not paid he will apply to have the company wound up the same way a bank or anyone else would. The only difference is he wouldn't be a preferred creditor like the HMRC and Banks are.
In fact as far as I'm aware and TRB may be able to confirm this, the RFL do not like Directors loans and prefer clubs not to have them,'"


I don't think it's a case that the RFL don't like directors loans, more that they prefer clubs to be able to finance their activities from their operational activities - i.e. to be self-funding and not sustainable. A business which is unable to service it's loans is not sustainable and there is a danger that any business which relies on 'loans' being used as a bail out, even without the immediate requirement to re-pay, may one day be re-payable and could therefore render a club insolvent in an instant.

It would be exactly the same with us if Parkin had bought the club. He would have 'loaned' the club money to pay our ways, initially at least, but we wouldn't care at the time because we would be succesful - probably.

So unless the loans are required for payback now, or that the lender himself is struggling, then it shouldn't be a problem - for now!

RankPostsTeam
Player Coach13190No
Team
Selected
JoinedServiceReputation
Mar 200718 years
OnlineLast PostLast Page
Feb 2020Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

'when my life is over, the thing which will have given me greatest pride is that I was first to plunge into the sea, swimming freely underwater without any connection to the terrestrial world' Yves Le Prieur, the real inventor of the aqualung:



Quote: Wildthing "Agreed. I wouldnt want him anywhere near a Trinity shirt!
Don't worry, he is better than Championship level icon_wink.gif

RankPostsTeam
Player Coach13190No
Team
Selected
JoinedServiceReputation
Mar 200718 years
OnlineLast PostLast Page
Feb 2020Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

'when my life is over, the thing which will have given me greatest pride is that I was first to plunge into the sea, swimming freely underwater without any connection to the terrestrial world' Yves Le Prieur, the real inventor of the aqualung:



Quote: vastman "Are you talking us or HKR? Applies to both I suppose. Directors loans are messy, but when they make up allegedly 80% of the loans that really messy.

Imagine if one of those Directors went bust, his creditors I believe would be in a position to call that loan as an asset? In which case they could take temporary stand or the car park for all I know. It's a nightmare scenario if you are a HKR fan or any fan.'"


They would get done for theft in our case, we only lease the ground

RankPostsTeam
Moderator12504
JoinedServiceReputation
Jul 200222 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
2358_1651040874.jpg
Wakefield TRINITY:d7dc4b20b2c2dd7b76ac6eac29d5604e_2358.jpg

Moderator


Quote: rover49 "Don't worry, he is better than Championship level
Indeed. But who will want him now? He's an idiot.

RankPostsTeam
Player Coach13190No
Team
Selected
JoinedServiceReputation
Mar 200718 years
OnlineLast PostLast Page
Feb 2020Oct 2019LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

'when my life is over, the thing which will have given me greatest pride is that I was first to plunge into the sea, swimming freely underwater without any connection to the terrestrial world' Yves Le Prieur, the real inventor of the aqualung:



Quote: Wildthing "Indeed. But who will want him now? He's an idiot.'"


I agree, I was one who wanted him out after the beating up of the bloke on CCTV. To be fair, on the field he is a good, solid player who always gives 100% for 80 mins, even when the others gave up (after 20 mins against Wire), but he has become a liability to the club and should go. He will get a new club though, someone will have him as he will be cheap on the cap and covers several positions.

RankPostsTeam
Player Coach459No
Team
Selected
JoinedServiceReputation
Jul 200816 years
OnlineLast PostLast Page
Nov 2013Nov 2013LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
39966_1297619742.gif
when no-one else can understand me when everything i do is wrong you give me hope and consolation you give me strength to carry on ]:d7dc4b20b2c2dd7b76ac6eac29d5604e_39966.gif



he's a thug, simple as

RankPostsTeam
Player Coach3840No
Team
Selected
JoinedServiceReputation
Mar 201015 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
50836_1298143372.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_50836.jpg



Quote: wildcatowl "he's a thug, simple as'"


I agree.

RankPostsTeam
Player Coach459No
Team
Selected
JoinedServiceReputation
Jul 200816 years
OnlineLast PostLast Page
Nov 2013Nov 2013LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
39966_1297619742.gif
when no-one else can understand me when everything i do is wrong you give me hope and consolation you give me strength to carry on ]:d7dc4b20b2c2dd7b76ac6eac29d5604e_39966.gif



my mate shouted to him "do that again and i'll smack you myself" when he played against us. needlees to say i moved away from him for a while. eusa_whistle.gif

RankPostsTeam
Player Coach2107No
Team
Selected
JoinedServiceReputation
Jul 200915 years
OnlineLast PostLast Page
Jun 2018Jun 2018LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature

:



Another 3 rumours today 1 we're deffo getting a SL licence as RL impressed with app new owners ,NM & youth set up plus potential of Wakefield as a RL city. 2 quins voluntary going down relocating and changing name. 3 us and cas going down due to lack of stadium development but both been let back up when stadiums sorted. No doubt new rumours every day until franchise is announced. Ps has there been any sporting side ever been not awarded a franchise and relegated unvoluntary?

RankPostsTeam
Player Coach4590
JoinedServiceReputation
Oct 200816 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
41301_1618663057.jpg
Wakefields roller coaster ride continues.:d7dc4b20b2c2dd7b76ac6eac29d5604e_41301.jpg



Quote: M62 J30 TRINITY "Another 3 rumours today 1 we're deffo getting a SL licence as RL impressed with app new owners ,NM & youth set up plus potential of Wakefield as a RL city. 2 quins voluntary going down relocating and changing name. 3 us and cas going down due to lack of stadium development but both been let back up when stadiums sorted. No doubt new rumours every day until franchise is announced. Ps has there been any sporting side ever been not awarded a franchise and relegated unvoluntary?'"

Don't know about that, but we were not bottom and relegated when SL formed.

RankPostsTeam
Player Coach3840No
Team
Selected
JoinedServiceReputation
Mar 201015 years
OnlineLast PostLast Page
Nov 2024Nov 2024LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
50836_1298143372.jpg
:d7dc4b20b2c2dd7b76ac6eac29d5604e_50836.jpg



Quote: M62 J30 TRINITY "Another 3 rumours today 1 we're deffo getting a SL licence as RL impressed with app new owners ,NM & youth set up plus potential of Wakefield as a RL city. 2 quins voluntary going down relocating and changing name. 3 us and cas going down due to lack of stadium development but both been let back up when stadiums sorted. No doubt new rumours every day until franchise is announced. Ps has there been any sporting side ever been not awarded a franchise and relegated unvoluntary?'"


I have heard number 2 myself and it makes sense so is therefore very unlikely to happen.

RankPostsTeam
Player Coach50No
Team
Selected
JoinedServiceReputation
Mar 200916 years
OnlineLast PostLast Page
Mar 2015Jan 2014LINK
Milestone Posts
0
100
Milestone Years
0510 1520 2530
Location
Signature
Black Backgrounds/Kermit%20the%20Frog.gif
NORMANTON'S NUMBER 1 13..............:Black Backgrounds/Kermit%20the%20Frog.gif



Quote: wildcatowl "he's a thug, simple as'"



do you know him....?

205 posts in 15 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
205 posts in 15 pages 
<<   PREV  NEXT   >>
Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing



All views expressed are those of the author and not necessarily those of the RLFANS.COM or its subsites.

Whilst every effort is made to ensure that news stories, articles and images are correct, we cannot be held responsible for errors. However, if you feel any material on this website is copyrighted or incorrect in any way please contact us using the link at the top of the page so we can remove it or negotiate copyright permission.

RLFANS.COM, the owners of this website, is not responsible for the content of its sub-sites or posts, please email the author of this sub-site or post if you feel you find an article offensive or of a choice nature that you disagree with.

Copyright 1999 - 2024 RLFANS.COM

You must be 18+ to gamble, for more information and for help with gambling issues see https://www.begambleaware.org/.



Please Support RLFANS.COM


5.3447265625:5
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
1m
DoR - New Coach - Investor & Adam - New signings
BP1
3878
1m
BORED The Band Name Game
Boss Hog
63078
4m
Film game
Boss Hog
5314
8m
Shopping list for 2025
RockNRolla
5532
9m
Game - Song Titles
Wanderer
40587
12m
Transfer Talk V5
Ex-Swarcliff
462
22m
Season pass roll call
Ellam
23
23m
Rumours and signings v9
NickyKiss
28880
Recent
The Brick Stadium ownership update
jaws1
22
Recent
I dont think this is a good signing for the Leopards
Cokey
2
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
1m
Ground Improvements
Khlav Kalash
125
1m
Shopping list for 2025
RockNRolla
5532
1m
The Big Reveal - 13/11/24
Kick and cha
4
2m
Film game
Boss Hog
5314
2m
2025 Recruitment
Ckt2487
166
2m
Pre Season - 2025
Mr. Zucchini
150
2m
2025 Shirt
Phuzzy
14
3m
Hospitality packages including new refurbished Foxs Bar
Dunkirk Spir
8
4m
removing posts
Dannyboywt1
3
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
I dont think this is a good signing for the Leopards
Cokey
2
TODAY
Red Devils sign International forward
Huddersfield
1
TODAY
Hospitality packages including new refurbished Foxs Bar
Dunkirk Spir
8
TODAY
Offiah on Salary Cap
Shifty Cat
11
TODAY
removing posts
Dannyboywt1
3
TODAY
Season pass roll call
Ellam
23
TODAY
Positivity Pact
Sebasteeno
3
TODAY
Jack Coventry
Wanderer
1
TODAY
A Year to Remember
Zig
1
TODAY
2025 Annual
JamieRobinso
1
TODAY
2025 KIT Thread
Sadfish
1
TODAY
NRL Kick Off Rules
stpatricks
7
TODAY
Garry Schofield
PopTart
6
TODAY
Out of contract 2025
Wires71
8
TODAY
Gary Schofield
Jake the Peg
9
TODAY
Joe Phillips
Wanderer
1
TODAY
Andy Ellis
Wanderer
1
TODAY
Manoa Wacokecoke
Wanderer
1
TODAY
Jeylan Hodgson
Wanderer
1
TODAY
Mackenzie Harman
Wanderer
1
TODAY
Ben Dent
Wanderer
1
TODAY
Callum Rutland
Wanderer
1
TODAY
Harry Aldous
Wanderer
1
TODAY
Jack Aldous
Wanderer
1
TODAY
Garry Schofield
Or thane
13
TODAY
Lennon Bursell
Wanderer
1
TODAY
Brett Ferres
Wanderer
1
TODAY
Reece Dean
Wanderer
1
TODAY
Alex Holdstock
Wanderer
1
TODAY
Thomas Minns
Wanderer
1
NEWS ITEMS
VIEWS
England Beat Samoa To Take Tes..
922
England's Women Demolish The W..
765
England Beat Samoa Comfortably..
1027
Operational Rules Tribunal –..
826
IMG-RFL club gradings released..
1102
Wakefield Trinity Win Champion..
1620
Hunslet Secure Promotion After..
1879
Trinity Into Play Off Final Af..
2134
Wigan Warriors Crowned Champio..
1708
York Valkyrie Win Back to Back..
1948
Hunslet Book Relegation Play O..
2413
Penrith Panthers Secure Fourth..
1852
Wigan Humiliate Leigh For Gran..
1943
Hull KR Survive Warrington Fig..
2123
Warrington Wolves Break Saints..
2259