So, do we get to call 'Maurice', Betty? Suits him better than Neil!

Beltin , while he's a handsome chap hes not a patch on me hahahaha

Out of interest should you be allowing him to do so - a few people seem to be naming names on here at the moment



Just curious, so that we can all have a dib if it's not a problem

Ok, so looking for a brief explanation from any business minded folk here.

If it is true that DB is looking to take the Club into administration & then buy back debt free, is this a) within law presumably & B) is morally corrupt IMHO as a means to avoid debt/renage on paying staff/creditors etc.



Also, is there also the possibility that the RFL would 'NOT' accept him as 'fit & proper' owner to run a RL Club during the admin process ?

Hopefully

Well surely the guy taking it into admin can't then buy it back - and if so who from suppliers, staff and fans would trust him ongoing



That couldn't possibly happen surely

I didn't suggest it, others here are saying that is the case, however I ask, is that even possible ? I would have thought not !

Its possible i worked for a company that did it twice

If you wanted to trawl through the Bradford forum you would find the answers to all these questions.

Basically they can go into Admin with a 'friendly' Administrator and do a £1 buy back. The problem is that the Administrator is bound by law to get the best deal for the Creditors and you can then get the case of someone offering a better deal than e.g DB. This seems relatively simple with a possible twist, but do-able. You now get the scenario whereby the Administrator prefers one buyer but then the RFL refuse to accept them as fit and proper. At this point you have a bit of a stalemate. All this time the clock is ticking towards next season. Once the buyer is selected you have the issue of TUPEing across staff and players.

And then before you start the season you have penalties imposed by the RFL and you also need to find new suppliers as the old ones don't want to be twice bitten.

The bottom line is if DB wants out then you have to hope he finds a buyer. If he decides to go around again hope that he doesn't want to use the Admin route to wipe any debt.

Good Luck.

Very interesting, thanks for explaining how it works.

Just a thumbnail explanation. We have 3 or 400 pages on our forum.

Yes I know, that's why I thank you for your concise explanation, I looked at the thread and didn't fancy trawling my way though it.