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| Well I feel for the fans enormously as a Bradford fan. The communication they have been getting is extremely poor, and I'm not certain the most recent interview illuminates matters all that much. Objective one is to ensure Leigh continue to exist at all. Objective two would be to somehow avoid relegation. Sadly I don't see with the predicament they are in, the player deficit and coaching uncertainty that they can avoid the drop.
I know just how frustrating it is to start a championship season in the certain knowledge of relegation. Annoying but tempered in my case by the relief of having a club to support at all.
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| Quote ="Newbridge_Wolf"Correct me if I’m wrong, but if the contracts of the two players involved would take up 40% of the budget, what’s he’s saying is they can in fact afford to honour the contracts they signed, they’re just going to hack off their nose to spite their face and choose to go bust as some sort of blackmail to welch on their commitments?'"
This was my take on that article too. DB has pretty much just admitted that they have the money to honour the contracts - he just doesn't want to.
I feel for the Leigh fans and hope this all gets resolved somehow, but I can't help but think that the best thing for Leigh Centurions would be for DB to have no more involvement with the club going forward.
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| Quote ="Nothus"This was my take on that article too. DB has pretty much just admitted that they have the money to honour the contracts - he just doesn't want to.
I feel for the Leigh fans and hope this all gets resolved somehow, but I can't help but think that the best thing for Leigh Centurions would be for DB to have no more involvement with the club going forward.'"
I dont think he want much more involvement in the club after this season,i believe he has little interest in financing part time rl.The problems that the club have now are DBs problem and its up to him to sort them out.It'll be at that point the club can start sorting itself out.
The fans should not be asked to put money into the club until all this season financial problem have been dealt with
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| Derek Beaumont gave these contracts so he should honour them before he walks away and let Leigh start again there just in limbo at the moment because of him
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| What a mess DB has got them into. He ought to honour those contracts and walk away but I suspect he has made massive loans to the club and he doesn't want to write those off. That's the sticking point.
I can see administration being the only option.
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| Quote ="Bullseye"What a mess DB has got them into. He ought to honour those contracts and walk away but I suspect he has made massive loans to the club and he doesn't want to write those off. That's the sticking point.
[uI can see administration being the only option.'"
[/u
Me too.
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| Quote ="Bullseye"What a mess DB has got them into. He ought to honour those contracts and walk away but I suspect he has made massive loans to the club and he doesn't want to write those off. That's the sticking point.
I can see administration being the only option.'"
Is administration an option when you actually have the capital available to pay off the creditors but just don't want to?
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| Quote ="Sir Kevin Sinfield"Jean and myself were spot on with our predictions (ok Toronto didn’t go up) despite the ridicule we faced through the year. I guess there’s a lesson to learn, respect other people’s opinion or it could end up biting you on the backside.'"
So you weren't spot on then were you...
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| Quote ="Alan"Ah, at last, someone who has seen the players' contracts!
Whilst I tend to agree that the contracts must be met by the employer, I am left wondering whether there is a clause relating to 'success'. (i.e. a top four finish, and participation in the play-offs) After all, a surprising number of players do seem to have accepted the 'deal' offered by the club, to terminate their contracts.'"
Only RFL approved clauses are allowed in players' contracts. Whilst there is one to permit termination of the contract on relegation (at least from SL, not sure about C to L1) one for failing to make Top 4/promotion isn't.
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Not really an option as the creditors would just object to the striking off.
Putting the club in admin isn't an option either because the funds are there to pay the creditors.
This will end with either Leigh paying the players what they are owed, or the players accepting the offer from Leigh.
I suspect DB has broken his silence now to try and guilt trip the players currently holding our for their full pay.
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Not really an option as the creditors would just object to the striking off.
Putting the club in admin isn't an option either because the funds are there to pay the creditors.
This will end with either Leigh paying the players what they are owed, or the players accepting the offer from Leigh.
I suspect DB has broken his silence now to try and guilt trip the players currently holding our for their full pay.
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| Quote ="Nothus"Not really an option as the creditors would just object to the striking off.
Putting the club in admin isn't an option either because the funds are there to pay the creditors.
This will end with either Leigh paying the players what they are owed, or the players accepting the offer from Leigh.
I suspect DB has broken his silence now to try and guilt trip the players currently holding our for their full pay.'"
Presumably the distinction is whether funds are there for 'Leigh' to honour those contracts, or if the funds belong to Beaumont? If 'Sporting Club Leigh Ltd' can afford to pay, then it simply becomes a contractual dispute between the players and the club. It's hard to see if that's the case given that the business accounts for Sporting Club Leigh Ltd [url=https://beta.companieshouse.gov.uk/company/04587402are more than a month overdue[/url.
The the ability to pay the players is contingent on another injection of cash from Beaumont (ie a director's loan) that isn't forthcoming, then as the link from Bullsye says, he has three options - sell, appoint a new director or wind the club up.
My gut feeling is that there is an element of brinkmanship to this and Beaumont is pressuring the relevant parties to agree to an arrangement. If the club were to fold, the two players in question would face a protracted and expensive legal battle to most likey end up with the square-root of Jack.
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| Quote ="bramleyrhino"Presumably the distinction is whether funds are there for 'Leigh' to honour those contracts, or if the funds belong to Beaumont? If 'Sporting Club Leigh Ltd' can afford to pay, then it simply becomes a contractual dispute between the players and the club. It's hard to see if that's the case given that the business accounts for Sporting Club Leigh Ltd [url=https://beta.companieshouse.gov.uk/company/04587402are more than a month overdue[/url.
The the ability to pay the players is contingent on another injection of cash from Beaumont (ie a director's loan) that isn't forthcoming, then as the link from Bullsye says, he has three options - sell, appoint a new director or wind the club up.
My gut feeling is that there is an element of brinkmanship to this and Beaumont is pressuring the relevant parties to agree to an arrangement. If the club were to fold, the two players in question would face a protracted and expensive legal battle to most likey end up with the square-root of Jack.'"
I'm just basing things on the quotes from DB in the article.
Quote "When 40% of your playing budget would be taken up by those two players, that you're trying to arrange to move on, it leaves very small amount of money to recruit 20 players.
"If I gave a coach that money they'd be in League One the following year."'"
That makes it sound like the central funding can cover the liabilities but wouldn't leave them with much to build the rest of the squad.
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| Monies owed to employees are taken out of the pot before preferential creditors such as the crown or the banks who own debentures. However, the last accounts show that Leigh are massively insolvent so there is no money to pay any debts. Even if DB was to write off the money owed to his other company, Leigh are still insolvent. (This is all based on the 2017 accounts by the way, the 2018 accounts are overdue and I doubt they will get filed anyway)
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| Quote ="Ruune Rebellion"Monies owed to employees are taken out of the pot before preferential creditors such as the crown or the banks who own debentures. However, the last accounts show that Leigh are massively insolvent so there is no money to pay any debts. Even if DB was to write off the money owed to his other company, Leigh are still insolvent. (This is all based on the 2017 accounts by the way, the 2018 accounts are overdue and I doubt they will get filed anyway)'"
As you say employees are preferential creditors but they come second in line to secured creditors (and the insolvency practitioner).
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| Quote ="Mr Dog"As you say employees are preferential creditors but they come second in line to secured creditors (and the insolvency practitioner).'"
My mistake! Thanks for the correction!
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| Quote ="Budgiezilla"40% of the 200K that we'll get from the RFL funding. That is all we are going to spend on players for next season (allegedly).
All the other players accepted 'pay offs' or signed for other clubs. Kevin Larroyer should be able to find another club, but Rhys Evans (on 80K a season) was injured constantly, but has a 3 year deal.
Derek Beaumont has helped create this 'mess' but he's not prepared (this time) to bankroll us out of it. It happened to one of the biggest clubs in Bradford Bulls, so the fact that it is happening to Leigh Centurions is hardly 'earth shattering'.'"
Wow 80k a year. Heard Widnes want him
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| So throwing at money at players doesn’t always work however I do hope Leigh survive
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| As I understand it the RFL are giving Leigh £200k. 40 % is for two players which works out at £80 k.
Bearing in mind Beaumont’s previous contributions to get Leigh into SL. I would guess that 80K is not much for him yet he seems to be trying to blame two players for Leigh going out of business, which ever way you look at is wrong to blame two players . Pay them the money nd let them move
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| Quote ="Durham Giant"As I understand it the RFL are giving Leigh £200k. 40 % is for two players which works out at £80 k.
Bearing in mind Beaumont’s previous contributions to get Leigh into SL. I would guess that 80K is not much for him yet he seems to be trying to blame two players for Leigh going out of business, which ever way you look at is wrong to blame two players . Pay them the money nd let them move'"
Well said, 40k each is hardly mega money, Beaumont is trying to publicly humiliate the players to bully them out of taking the money they’re owed, we should have a players union to stand up for the players in this type of situation.
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| Quote ="Durham Giant"As I understand it the RFL are giving Leigh £200k. 40 % is for two players which works out at £80 k.
Bearing in mind Beaumont’s previous contributions to get Leigh into SL. I would guess that 80K is not much for him yet he seems to be trying to blame two players for Leigh going out of business, which ever way you look at is wrong to blame two players . Pay them the money nd let them move'"
I'm sure Kevin Larroyer will find another club anyway, and a decent one. Not sure about Rhys Evans with 'his many injuries' last season though.
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| Quote ="Vikingsufferer"Wow 80k a year. Heard Widnes want him'"
Good luck with that one. Rhys had missed much of the previous season at Warrington, when we signed him. He only played a handful of games last season, for us. (Larroyer 'bust a gut' for the entire season, and was still giving 80 minutes a game, throughout the awful Championship Shield series)
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| Quote ="Mr Dog"Only RFL approved clauses are allowed in players' contracts. Whilst there is one to permit termination of the contract on relegation (at least from SL, not sure about C to L1) one for failing to make Top 4/promotion isn't.'"
Cheers for that, but there have been tales of instances of 'unusual' clauses in their contracts.
e.g. Ryan Brierley's apparent 'follow Paul Rowley' clause.
e.g. The rumoured clauses in some of our contracts, quoting Super League and Championship salaries, on relegation - hence an argument that certain contracts shouldn't be considered 'null & void' on relegation from SL. (a group of our former players were still contesting their departure following relegation)
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| I hope Evans stands his ground and demands his full wage from Leigh. The league is distorted by clubs spending money they can’t afford anyway and this is another example of it. As others have said, if Leigh had offered him a contract they could actually afford then he may have gone elsewhere.
Beaumont has been shown up as the loudmouth pillock that he is. Happy to take the adulation when things are good but sods off as soon as it gets tough.
Leigh should pay what they owe or go bust and reform in League 1.
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| Quote ="Him"I hope Evans stands his ground and demands his full wage from Leigh. The league is distorted by clubs spending money they can’t afford anyway and this is another example of it. As others have said, if Leigh had offered him a contract they could actually afford then he may have gone elsewhere.
Beaumont has been shown up as the loudmouth pillock that he is. Happy to take the adulation when things are good but sods off as soon as it gets tough.
Leigh should pay what they owe or go bust and reform in League 1.'"
He's only doing it because he has yet to find another club, and he has no chance of 'another payday' that Leigh gave him (in writing). If it's so unfair why have the other players (bar 2) accepted pay-offs, or signed for another club then ?
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