Quote ="Slugger McBatt"If the buyers' offers are contingent on the lease being transferred from the RFL to the new owner, and if the lease is transferred at anything less than market value, aren't you effectively asking the RFL to pay some of your debts, as the new company would acquire a saleable asset on the balance sheet for the cost of the debts less the reduction from the full market value.
I'm struggling to see why the RFL are wrong in this.'"
RFL council and SLE members would not tolerate below market value. Especially as RFL are anticipating a loss next year for the first time in ages.
Also pressure on to have due diligence that does not result lead to the 'usual' run of possible ccjs, winding up orders, shafted creditors and administration.
Sadly staff, players, fans and creditors continue to suffer because of this incompetence.
