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Rank | Posts | Team |
International Chairman | 5392 | No Team Selected |
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Dec 2001 | 23 years | |
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Jan 1970 | Jun 2022 | LINK |
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| Quote ="Slugger McBatt"People don't make millions by making bad business deals, and so why take on a club saddled with debt when he needed to just wait a few weeks and get it for next to nothing.'" I'm not a business man and have a massive soft spot for the club but you can't but see what you would do in the same position, in a way I feel sorry for Ted as the future of the club is written
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Rank | Posts | Team |
Player Coach | 2227 | No Team Selected |
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Dec 2009 | 15 years | |
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Feb 2025 | Feb 2025 | LINK |
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| Quote ="PHe"With respect to 'administration' and WT failing at the next franchise application, I seem to recall (I think) something about a vote or a directive regarding SL clubs not being 'blackmarked' at the application if a club entered administration ie entering administration would not affect the application. Perhaps I have dreamt this or it's just the voices in my head.
Can anyone confirm or otherwise this point - not the voices in my head bit!'"
Correct. All SL clubs voted for this just prior to Crusaders enreing Administration. So in theory it wouldn't jeopardise our application. But then again I also believe in Santa Claus. ![Wink icon_wink.gif](//www.rlfans.com/images/smilies//icon_wink.gif)
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Rank | Posts | Team |
Player Coach | 4980 | No Team Selected |
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Apr 2006 | 19 years | |
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Dec 2023 | Oct 2023 | LINK |
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| Quote ="Slugger McBatt"I wonder whether the tax man has a few more tricks up his sleeve before the franchise decision.
I don't know much about tax law, but I know that the argument is about rugby league being treated in a discriminatory fashion in comparison to rugby union. However, looking at it in a pure business sense, the taxman is a creditor, and I would have thought that it would be entirely up to him how he wanted his debts settling. The courts will look at it in a purely creditor-debtor context, not in a "that's not fair" context, I would imagine. If so, other clubs might face similar problems to ours.
Cas will be able to pay the taxman, because they have just raised a shed-load of cash, but every quid they would pay, the gap would grow between what they have and what they need, thus making the stadium harder to achieve, and therefore weakening their application.
In 4 weeks, we have gone from a bright future to ruin. It could happen elsewhere. And come 1st February, with maybe a new investor picking up the club for peanuts, and looking to spend the million or so it would have cost to clear the club of debts on things like players and ticketing initiatives, we might be going onto the turf at Cardiff with a spring in our step.
Although all of that does make it sound like I still believe in Santa.'"
What would happen to the ground if we go into admin? Will it not be used to pay creditors? or is that only if we get liquidated? ![THINK eusa_think.gif](//www.rlfans.com/images/smilies//eusa_think.gif)
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Rank | Posts | Team |
Player Coach | 15521 | No Team Selected |
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Mar 2010 | 15 years | |
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May 2020 | May 2020 | LINK |
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| Quote ="Slugger McBatt"People don't make millions by making bad business deals, and so why take on a club saddled with debt when he needed to just wait a few weeks and get it for next to nothing.'"
The longer this goes on, the more convinced I become that this is exactly what's going to happen; anyone interested in the club has got no incentive to buy it now, pumping in cash that will be used to clear historical debt and allowing the current BoD to walk away scot-free. Much more sensible to wait a few weeks, pick it up for a song and see your cash go to WAY better use.
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Rank | Posts | Team |
Player Coach | 456 | No Team Selected |
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Jan 2010 | 15 years | |
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Mar 2012 | Feb 2012 | LINK |
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| O Hara and Co been approached already.
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Club Owner | 33944 | No Team Selected |
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Mar 2004 | 21 years | |
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Mar 2016 | Mar 2016 | LINK |
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| The share scheme is the last throw of the dice to retain your SL membership , no matter what has happened with Crusaders if you go into administration or have to ask the RFL for a loan , your dead in the water as far as a licence is concerned
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Rank | Posts | Team |
International Chairman | 5392 | No Team Selected |
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Dec 2001 | 23 years | |
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Jan 1970 | Jun 2022 | LINK |
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| Quote ="Starbug"The share scheme is the last throw of the dice to retain your SL membership , no matter what has happened with Crusaders if you go into administration or have to ask the RFL for a loan , your dead in the water as far as a licence is concerned'"
Already been there. They turned us down.
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Rank | Posts | Team |
Player Coach | 27039 | No Team Selected |
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Aug 2005 | 19 years | |
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Sep 2017 | Sep 2017 | LINK |
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| Quote ="rugbyball"O Hara and Co been been approached already.'"
You mean the clubs asked them for £1000, cheeky sods.
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Player Coach | 27039 | No Team Selected |
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Aug 2005 | 19 years | |
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Sep 2017 | Sep 2017 | LINK |
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| Quote ="Starbug"The share scheme is the [ulast throw of the dice[/u to retain your SL membership , no matter what has happened with Crusaders if you go into administration or have to ask the RFL for a loan , your dead in the water as far as a licence is concerned'"
Its not over till the fat lady say's so, and she's said nowt so far ![Wink icon_wink.gif](//www.rlfans.com/images/smilies//icon_wink.gif)
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Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
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Mar 2004 | 21 years | |
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Mar 2016 | Mar 2016 | LINK |
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| Quote ="RebelRebel"Already been there. They turned us down.'"
If it meant you not fulfilling your SL 2011 fixtures the money would be in your acc in a matter of minutes
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Rank | Posts | Team |
Player Coach | 27039 | No Team Selected |
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Aug 2005 | 19 years | |
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| Quote ="Starbug"If it meant you not fulfilling your SL 2011 fixtures the money would be in your acc in a matter of minutes'"
And that could leave them with a big problem, lets see how they deal with it shall we.
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Rank | Posts | Team |
Player Coach | 456 | No Team Selected |
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Jan 2010 | 15 years | |
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Mar 2012 | Feb 2012 | LINK |
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| Quote ="Starbug"If it meant you not fulfilling your SL 2011 fixtures the money would be in your acc in a matter of minutes'"
Not really they would find some other team to fulfil them (cough cough widnes)
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Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
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Mar 2004 | 21 years | |
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Mar 2016 | Mar 2016 | LINK |
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| Quote ="rugbyball"Not really they would find some other team to fulfil them (cough cough widnes)'"
Not happen , how would that benefit Widnes ? Having to get SL ready in two weeks ?
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Rank | Posts | Team |
Club Coach | 2769 | No Team Selected |
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May 2005 | 20 years | |
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Jul 2017 | Jul 2017 | LINK |
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| Quote ="Schunter"What would happen to the ground if we go into admin? Will it not be used to pay creditors? or is that only if we get liquidated?
'"
I thought we had sold it
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Rank | Posts | Team |
International Chairman | 5392 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Jan 1970 | Jun 2022 | LINK |
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| Quote ="feline"I thought we had sold it'"
But supposedly, we're still owed half the money, due when we move out. Will this be claimed by the tax man, I think is the question that's being asked.
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Rank | Posts | Team |
Player Coach | 4980 | No Team Selected |
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Apr 2006 | 19 years | |
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Dec 2023 | Oct 2023 | LINK |
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| Quote ="RebelRebel"But supposedly, we're still owed half the money, due when we move out. Will this be claimed by the tax man, I think is the question that's being asked.'"
Indeed. So this seeming panacea makes me feel extremely uncomfortable. Why would HMRC accept however much in the £ voluntarily when we have funds due for Belle Vue the minute we leave?
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Rank | Posts | Team |
Player Coach | 456 | No Team Selected |
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Jan 2010 | 15 years | |
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Mar 2012 | Feb 2012 | LINK |
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| Quote ="Starbug"Not happen , how would that benefit Widnes ? Having to get SL ready in two weeks ?'"
Well they will get the superleague money and have no real expectations to compete, plus a big increase in crowds and revenue giving them money to spend on their second campaign, so plenty to gain.
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Rank | Posts | Team |
Club Coach | 2769 | No Team Selected |
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May 2005 | 20 years | |
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Jul 2017 | Jul 2017 | LINK |
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| Quote ="RebelRebel"But supposedly, we're still owed half the money, due when we move out. Will this be claimed by the tax man, I think is the question that's being asked.'"
so how much did we sell the ground for and how much are we still owed.
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Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
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Mar 2004 | 21 years | |
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Mar 2016 | Mar 2016 | LINK |
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| Quote ="rugbyball"Well they will get the superleague money and have no real expectations to compete, plus a big increase in crowds and revenue giving them money to spend on their second campaign, so plenty to gain.'"
In two weeks ? , no chance
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Rank | Posts | Team |
Player Coach | 456 | No Team Selected |
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Jan 2010 | 15 years | |
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Mar 2012 | Feb 2012 | LINK |
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| Quote ="Starbug"In two weeks ? , no chance'"
Im not saying it will happen but theirs nothing to stop it. Widnes could play the squad they have as their would be no expectations on them to compete, pocket the money from Sky plus increased crowd money and build for the year after, perhaps adding a few players as the season progressed.
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Rank | Posts | Team |
Player Coach | 433 | No Team Selected |
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Nov 2006 | 18 years | |
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Feb 2025 | Feb 2025 | LINK |
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| Same could be said of Halifax, Barrow and Feath- why should it be Widnes- it aint gonna happen. ![CRAZY d040.gif](//www.rlfans.com/images/smilies//d040.gif)
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Rank | Posts | Team |
International Chairman | 5392 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
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Jan 1970 | Jun 2022 | LINK |
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| I'm sure WHEN Widnes start their next SL campaign, they will want to hit the ground running, with a strong squad and some momentum behind them. Walk in now, with a squad assembled under a 300K salary cap, and all you can hope for is a few heroic performances. Getting hammered week in, week out, will soon disillusion supporters, broadcasters, sponsors etc. To suggest it as a serious alternative is ludicrous. If it comes to that, the RFL would be better off loaning Wakey the 350K to see out the season.
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Rank | Posts | Team |
International Chairman | 5392 | No Team Selected |
Joined | Service | Reputation |
Dec 2001 | 23 years | |
Online | Last Post | Last Page |
Jan 1970 | Jun 2022 | LINK |
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| Quote ="feline"so how much did we sell the ground for and how much are we still owed.'"
Can't remember the exact figure, feline, but it's been mentioned on here a few times. Was it a couple of million, or 3? Anyway, supposedly, we're still owed half.
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International Star | 52 | No Team Selected |
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Sep 2010 | 14 years | |
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Feb 2011 | Feb 2011 | LINK |
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| The club will fulfill all its fixtures in Super League of that I have no doubt.
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Player Coach | 9974 | No Team Selected |
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Feb 2009 | 16 years | |
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Feb 2019 | Feb 2019 | LINK |
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| Quote ="RebelRebel"Can't remember the exact figure, feline, but it's been mentioned on here a few times. Was it a couple of million, or 3? Anyway, supposedly, we're still owed half.'"
If we go into admin, like our debts, this income may also dissapear/reduce.
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