A SLE owned club will automatically become a Championship club, as soon as the bid is accepted, the RFL will inform whichever club they want to replace them, to wait any longer would be grosly unfair to the rest of RL

Id suggest exactly the opposite , to own a club in the same competition would be a huge conflict of interest, you will be visiting the LSV next year

16 ways. One share goes to the Championship clubs !

Unbelieveable Geoff!

They might not bother with a replacement. 13 club SL next year? It wouldn't require a new sky contract iirc.

Pot calling kettle black, FA. why didnt you do the text in white, it is far more appropriate for a blue background than blue text which has disappeared into the great blue yonder. otherwise, love it. In fact I am so inspired by it I am going to put my new avatar on, foul language included, so you can see how to do text.

I still don't understand this. There is too many confusing thing happening. None of it really makes sense.
Question 1: Why are we still getting 6 pts deducted if we are getting thrown out next season anyway? Is that not getting punished twice?

Question 2: Has anyone actually stated for a FACT that the club will be out of SL next year unless any potential buyer clears the debts? Is that not imposing conditions on the sale? I thought the RFL didn't like conditions?

That is the default penalty for going into administration. What happens after you're in admin is irrelevant in this regard (except for once a bid is accepted/debts are covered by the new owner as with Wakey).

Question 3: How on earth can anyone be expected to make an offer for the club if they don't know what they are getting?

This raises far more issues than it solves imo.

Why is it irrelevant? Wakefield were not thrown out. Why is it different for us?

what a joke.

No, it raises one issue, dont put YOURSELVES in the position in the 1 st place

There is a precidence for this though, several years ago when Hull and Gateshead merged (cough ,cough) they were paid one million pounds to do so. But although everyone assumes the money came from the RFL it was actually taken from the budgets of the other Super League teams and was shown up on the account as our club owning 10% of Hull. I never did find out what hapened subsiquent years to that money.
All this talk of how sorry people feel for those who are working for nothing is very commendable.I felt bad yesterday when I attended an organised social of around 150 people with major disabilities who had booked Odsal for a party some time back and paid £300 deposit.A few weeks back they were contacted twice telling them to find alternative venue and they would not be geting their deposit back. Early this week they were asked if they were coming along to the booking and they replied that they had been told to find somewhere else so they had .So they were reminded they would be only geting 25% back. I felt ashamed to be a rugby league fan , I couldn`t look them in the face they have already had their budgets cut this year.

Are the shares worth anything though. If they are could they be sold?

It would mean 24 matches rather than 27 , no magic weekend with an odd number of games

SLE appeared to sell them on for around 5p a share (presumably either back to Hull or to Hull's owners) in 2004. So, in a word - they were worth **** all. As you would expect shares in a Rugby League club to be. Few people are in this to make money - most are just concerned with trying to achieve a balance between getting a winning team and minimising the losses.

Here it is AF, I have done the first word in black and the second word in red and amber. For you colourblind folks the first word starts with f and ends in g.

How much can us, the fans, raise by the end of Nov? Could this help with any potential buyer who maybe wants to get involved but wants some support?

If the debts are nearing £1m do we need to start again fundraising?

Too late, any fundraising you do now would be to help fund your upcoming seasons in the Championship

Rubbish.

If the debts were cleared, the Bulls would be eligible to apply for a SL place.

Any thoughts Adey?

Not suggesting they wouldnt, away you go then, but you havent got till November, the RFL will announce your relegation and your replacement after the last match of the regular season, to leave it any later would compromise both yourselves and them, as well as both competitions

But the Bulls would be owned by the other SL clubs, so the Bulls destiny would be in the hands of it's competitors. They will want any money invested back as most of them are loss making. Getting it back from a sale is one way, if not TV money would be the only other way.

I think the thinking here is do we need to raise some money in case a buyer comes in but lets says is only prepared/able/willing to cover say 50% of the debts and we need to plug the difference. If this is the case we need all the time we can get but we wouldnt to fall short if a buyer came in but needed some assistance