That scenario does worry me greatly.

You are correct of course however how it normally works is the company with bad credit get a supplier and pay cash for a number of transactions, then they say to the company ' you can see that we pay can we have a little bit of credit however if you can't do that we will find someone who will' then the company are between a rock and a hard place - some will take the risk in order to try to keep their own business ticking over - so yeah you can say that they shoulder some of the blame.

However lets put a different slant on this and i am putting this to everyone how will you feel if your son/daughter/mum/dad/etc etc etc comes home from their job and says they have been laid off because their company is one that is owed money and the owner is either closing the business or having to cut the work force.

This is a problem with any business going into administration not just wakefield so I think what the posters mean when they say think of the other business, think of the wider picture not just the business owner think of the cleaner, the driver, the shop assistant, the cook, the list goes on lets face it until it becomes apparent who money is owed to any of the people reading this could find themselves out of a job.

This is not having a go at Wakefield this is just unfortunately how business runs. Good luck for the future and i hope that whoever takes over does it for all the right reasons and has rugby in their hearts and business guile in their heads

However they do have to pass a fit and proper test by the rfl to run a club, surely if this was one of their demands they'd be shot down in flames and told to come back when they're serious??

Its happened to me, yes i was peeved but i dusted myself down and got on with things. Unfortunately its the way of the world these days, has been for about the past 3 years and will continue to be until we get out of the recession. For me things are still going to get worse before they get better.

Shame we don't get more cheap Aussie imports in. I must be the only person for them though

Our main chance of avoiding the RFL chopping block is a megabucks investor, we have one, no disrespect to any other interested parties.
If we really shake it up the RFLs lack of moral fibre will be tested, and that has got be a real opportunity for us.

Pre packs seldom actually work - the problem with them is the same people who got them into trouble are the very people who are going to run the new company? In this case Ted and Denise!!!

Most creditors have become very wary of pre-packs and as a result the promised holy grail simply fails to materialise - obtaining credit is difficult so cash flow gets squeezed as the owners are usually overtrading.

Wakey have little/no chance of getting a franchise - so in the short term they would be better dropping down a division with a view to doing a Widnes and rebuilding for the round of franchises in 4 years time

But have we deffo got a megabucks invester, is Parkin deffo interested. some one tell me he is please

Ok ill give u that they will get licences,But you still was saying it was wrong and hoping they maybe wouldent to save yourselfs,Cas was saying the same.Anyhow no bad feeling from me the rfl shouldent have double standards,yes if they let quins and crusaders get away with it why not you else where is the fairness in that.All im saying is they never let us get away with nothing so we got it in the neck again,Seems they just seem to pick who they want,Very strange system,good luck with finding a backer we know all to well what it feels like but its worked for us and it can for u !!!!!!!!!!!!!!!!!!!!!!11

All the noises I'm hearing suggest Parkin is interested, can't say for sure but there's usually no smoke without fire as we have so often found out!