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| Quote ="LeagueDweeb"Who said he had? he isn't paying any creditors, which is the shy the 6 points is correct. His appeal isn't based on any being paid.'"
so the 6point deduction cannot possibly have been based on his not paying the creditors as it was handed down prior to him even making a bid never mind deciding whether or not any creditors would be paid.
You are correct to say that appeal is not based on creditors Marc green hasn't paid being paid, because the punishment literally cannot have been handed down because of creditors Marc Green hasn't paid not being paid.
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| If the basis of the appeal were "I paid the administrator more for the club than he agreed to accept from the other 3" then it might have a chance of some success. But as I understand it, that is not the case.
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| Quote ="Mr Churchill"If the basis of the appeal were "I paid the administrator more for the club than he agreed to accept from the other 3" then it might have a chance of some success. But as I understand it, that is not the case.'"
wow, cryptic.
What's that got to do with the points deduction appeal?
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| keep to the point peeps. the appeal is based on force majeure full stop. which means events outside the control of and/or unpredicted by a party. Negligence, eg I neglected to have enough cash in the bank to pay HRMC when due, is within the control of a party such as OKB. The only area I can see force majeure playing a part is the failure of the trio to fulfil their commitments in the deal struck over Christmas for change of ownership. Presumably that was out of OKB's control, especially if the RFL conspired with the trio. But that is all conjecture; anybody any alternative ideas on what the force majeure event(s) could be?
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| just to clarify, according to the administrator a winding up petition was actually issued by HMRC against OKB in mid January, which is an insolvency event in itself in the RFL rules, predating SSG/MGs administration order on the 31st January. the force majeure event(s) would therefore only apply to OKB being prevented from paying HMRC due to some external event outside OKB's control.
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| Quote ="LeagueDweeb"BB Holdings had taken the full allocation of Sky money due before admin came. '"
You don’t say … as opposed to all the other SL clubs, who presumably decline to take their full allocation of Sky money as the season goes on… ?
Quote ="LeagueDweeb"why is it an issue that OK Bulls was not given the money twice over? '"
Eh? You’ll have to restate that question in a way that makes sense.
Quote ="LeagueDweeb"The RFL had simply advanced money, approx. £170k a month to P&A, plus paying all their extortionate fees. '"
We knew the RFL would pay wages etc to keep the club ticking over, and if necessary the RFL/SLE (through “Neonrain”) would even have acquired the club albeit on a temporary basis, the obvious reason being the integrity of the comp as opposed to one club dropping out. Do you think this is an insight or something? It isn’t.
Quote ="LeagueDweeb"There is nothing in the RFL Operational Rules that specifies financial sanction upon administration.'"
Is that a fact? Well, I think I had better get off to the optician after this post because I am looking at them and clearly hallucinating. They state:
Quote =#FF00004.7 In the event of a member ceasing to be a member upon notice from the Company by virtue of Acquisition, Change of Control or Insolvency Event, the Board, at its absolute discretion, shall have the right to readmit the member or admit a new member as a member on any terms as it sees fit, which for the avoidance of doubt, may include financial, administrative and/or sporting sanctions.'"
Funny, that.
Quote ="LeagueDweeb"BBH wasn't kept alive because the debts were such that no potential owner would consider buying the old company & attempting to pay them off, even at a reduced rate. No sane businessman would take on debts & ongoing liabilities they had not accrued. '"
But you’re just stating the bleedin’ obvious, to the point of banality! And you are also skating over the fact that new owners, while not saving the old company (and so technically having no responsibility for its debts) nevertheless are expected by the RFL to offer to make payments despite tis total lack of obligation, and their proposals are part of the factors considered in deciding on sanctions.
Quote ="LeagueDweeb"Quote ="Ferocious Aardvark"So in his original letter to all creditors, the administrator blatantly lied, did he? '"
Got a copy of this letter? '"
You clearly don't! It states "[iAs part of the agreement and to meet the requirements of the RFL the purchasers are to make an offer to all trade creditors in the sum of 100p in the £[/i".
Oops!
So, come on, was the administrator lying? Well?
Quote ="LeagueDweeb" The administrator is responsible for handling ALL the affairs of OK Bulls. It is he who decides which creditors, if any are to be paid. It would be illegal for MG to pay creditors without doing so via the administrator. '"
Absolute tosh and nonsense, as if BBNL chooses to pay anything to anyone, then it is not part of the affairs of OKB. At all. MG is not involved personally for the first thing. Secondly, the payment would be from BBNL not MG personally. Thirdly neither MG nor BBNL are in any way a party to the administration.
If for example Acme Pies were owed £1000 by OKB and BBNL want to continue to trade with Acme Pies then they might choose to make a payment equal to what Acme Pies were owed by OKB. This would not concern the administrator. He only distributes such funds (if any) remaining when he has got in THE DEBTS DUE TO OKB. Anything BBNL chooses to pay is clearly not in the category of debts due, because BBNL does not owe a penny of OKB’s debts. Which is kinda the whole point, as you yourself sort of pointed out, of MG Not buying and keeping alive OKB.
But, as you’re seemingly a lawyer, if BBNL did choose to make the £1K payment to keep Acme Pies sweet, please enlighten us all what offence they would have committed?
If I felt sorry for Acme Pies, and sent them a cheque for £1K, would I be in jail too?
When Bullbuilder and others collected money and paid effectively some cash in lieu of wages to those who were working for nothing, and should have been paid by the club, did that make each person who put coppers in the bucket a criminal as well?
Were all the buckets delivered to the administrator so he could divide them between all creditors? We're gonna need a bigger jail.
Quote ="LeagueDweeb" The 6 point sanction was applied to OK Bulls whilst it was being controlled by the administrator.'"
We all know that the RFL plainly announced sanctions against BB2014, based on BB2014’s business plans etc. They announced so. We all thought BB2014 had bought the assets only it turned out that they actually hadn’t. But the penalty was announced aimed at BB2014 and not at OKB. BB2014, it turns out, obtained a licence to run the club from the RFL for 1 month. So they were RUNNING the club and had a licence to do so and as such were a temporary member, even though it turns out they did not own the club, although they had signed a (conditional) contract to do so. The end result was the de facto 6 points disappeared off the League table whilst BB2014 was operating under a temporary licence and therefore undoubtedly it was BB2014 which was sanctioned. However the sale fell through, the licence expired, and the operation of the club thus reverted to OKB, which was being run by the administrator. He appealed against the decision in that capacity, i.e. as the person running OKB, and did so in order to preserve any right of appeal as this might enhance the price he could sell the assets for, but the sanction was clearly not applied to OKB.
Quote ="LeagueDweeb" He effectively owns the business '"
No! OK owned the business until he sold the shares (if he did, that remains in litigation). The shares are of course not exactly worth a lot but the administrator RUNS the business and can SELL the business or parts but he never OWNS the business.
Quote ="LeagueDweeb" MG has no intention of paying OK Bulls creditors, he knows this would have to be done through the administrator he appointed, and is why he is going down the force majeure route. A damn sight cheaper for sure.'"
I don’t think anyone on here claims BBNL were proposing to make any or any substantial payments to OKB creditors, simply because I’d have thought it would have been public knowledge if they did, but the fact is you are speculating, as no announcement has been made one way or the other. It would be interesting, when comparing the comments made by RFL re debtors, and indeed the quote from the administrator's letter that referenced RFL requirements, to know why different requirements would apply now.
Quote ="LeagueDweeb" OK's £1m? Analysis of OK Bulls finances by the administrator reduces this to £400k.'"
As you so often do, you have it the wrong way round. The administrator tried to say OK was only owed £400K. (Without speaking to OK). OK insisted on a creditors meeting. At that meeting OK produced documentation evidencing his financial input and the administrator eventually revised and admitted OK’s claim at the increased figure of £1m approx.
Quote ="LeagueDweeb" MG is SSG in the same way that OK was OK Bulls. You really are struggling with this aren't you? '"
The struggle is exclusively yours. The concept of a company being a legal person is one you need to get your head around. Until you do you’ll just keep looking increasingly silly.
Quote ="LeagueDweeb" Misinformation? Feel free to point any out from me. No lack of understanding of what has actually occurred either. OK's £1m is misinformation from you. based on you simply passing on what you have heard, rather than from fact checked details....? '"
I have corrected so much of your misinformation that it seems pointless to repeat, as if you didn't bother to read the corrections first time, why would you now? Or maybe you just haven’t read it. But sticking just to this particular piece of your catalogue of misinformation, I am stating the facts, and you have it wrong. The position was summed up in a T&A report following the creditors meeting:
Quote Following the creditors’ meeting, Mr Khan released a statement, which read: “Firstly, the administrator’s proposals refer to a figure of £375,658 in respect of my claim.
“This was patently incorrect, but the administrator never consulted me regarding my claim prior to sending out the proposals with his Statement of Affairs.
“Following the receipt of the proposals and the submission of substantial paperwork to support my claim, and also discussions at Wednesday’s meeting, the administrator allowed me to vote my claim at approximately £998,000. '"
This is factually what happened. You are, as so often, simply wrong.
Adey has popped your balloon on the rest so I won't deal with that.
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| Quote ="daveyz999"If this is true, which i'm not doubting, the thing I don't understand is why was OK penalised (financially) due to the RFL pumping money into the old regime?
OK wasn't liable in any way for the additional funds the RFL put forward, yet he had to pay for the mistakes of the previous owners, hardly seems he was given a fair chance to run a club.
Last question - what is your response in regard to the statement put out by RW last week? It appears the RFL, apparently, advised the proposed new owners to place the club into admin to rid them of their current (at the time) majority shareholder. There are other claims/allegations within the same statement that make the RFL look pretty bad. To say that the statement suggest there was an 'agenda' from the RFL is an understatement.'"
OK was not penalised in any way. He was able to purchase all the assets of BB Holdings, take over the Super League licence and have all the playing staff TUPE'd across to OK Bulls.
OK was fully aware of the level of central funding available prior to agreeing to establish OK Bulls as the new operating company. OK was also given Sky money allocated for the 2nd year of his tenure during his 1st year.
I think RW business history contextualises his statement. As anyone who reads it will deduce, he actually accepts no responsibility whatsoever for his actions. As an example, the debenture deal with SSG was completed just 4 days after OK resigned as a director. RW fails to reference this at all in his statement. Nor is there any reference to the huge losses incurred in running the pop concert at Odsal.
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| Quote ="Highlander"Why should they recoup the money that went to pay players wages [ithat the rfl had guaranteed would be paid to the end of the season in the event of liquidation?[/i
If the assurances that the players & the union were given by the RFL were honoured, every player would be given three months wages by the RFL to get them to the end of the season and effectively put on gardening leave.'"
It is quite simple. The money the RFL paid P&A partnership to sustain the club during it's extended period of administration was in excess of the Sky money the club was due under it's Super League licence.
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| Quote ="Adeybull"Probably worth another flying visit to make an observation or two here.
1 - Please state precisely what the "huge amount of funds [the RFL had to pay the administrator to prevent liquidation" was? Since you would clearly seem to know.
Quote This refers to the period of administration handled by P%A partnership. The RFL funded the club every month, all money being over and above the allocated share of SKy money which the business had already been given'"
The Administration Order was granted on 26/6/12. OKB acquired the assets from the Joint Administrators on 31/8/12. Statements made at the time made it clear that the RFL was continuing to pay - to the Joint Administrators - the monthly Sky monies due to a SL club. The Joint Administrators sacked the non-playing staff, and ensured they incurred no costs beyond those that were absolutely essential. A lot of people volunteered their services for free. They continued to receive gate receipts, plus the gate receipts payment from Leeds.
Quote See above. It is also worth noting that the RFL had to begin funding OK Bulls at the time OK stepped down. You may be interested to learn that, for example, Gerry Sutcliffe had no intention of ever investing any of his own money into OK Bulls, and he also believed the RFL should have paid the £170,000 HMRC debt as they were funding the club. This opinion came to my attention via a copy of a recording of a meeting with Gerry Sutcliffe. '"
So, are you asking us to believe that, over a NINE WEEK PERIOD the RFL had to pay the Joint Administrators a further c. £1.3m? To "prevent liquidation"? When, in any case, the Joint Administrators were legally charged with trying to secure a going concern sale if possible, and there were clearly parties interested in acquiring the going concern from quite early on?
Quote In terms of the OK Bulls administration, at least 5 months of central funding had to be put into the business to allow it to continue to operate. Don't forget that the business had almost zero cash flow, other than match day gate takings.'"
And nowhere in any of the reports of the Joint Administrators do we see any reference to any such receipts? Certainly on this scale. Even if what the RFL paid over that period was NEW money, it beggars belief that it could be anything approaching £1.3m - does it not?
Quote The RFL isn't a creditor of Ok Bulls. The funding received by the business in both periods of administration is included in the financial statements and accounts of both administrators. Had the RFL not stepped in with central funding, both BB Holdings & Ok Bulls would have been liquidated within 1 month of entering administration.'"
Unless you have more information on this allegation than you have already shared, what you say would seem to be totally absurd.
2. Even if WAS some factual basis to what you say, and if perchance the RFL WAS recouping a seven-figure sum it had had to pay to "persuade" the Joint Administrators - then the RFL would have RETAINED the money confiscated from future owners. Wouldn't it?
Quote In terms of OK Bulls, funding that had been used to sustain BB Holdings was retained, hence the reduced funding available to OK Bulls.'"
NOT ALLOWED ALL THE OTHER CLUBS TO APPROPRIATE IT AND SHARE IT AMONGST THEMSELVES.
Quote This is an urban myth'"
And take a seven-figure hit in it's annual accounts.
Is there any part of that argument that is not irrefutable?
Is there any way that subsequent events did not totally debunk your assertion?
3 - Strange that someone chooses to come on here, just now, at this particular time, seeking to try and justify the actions taken by the RFL (acts of both commission and omission)? Acts which which, with the clear benefit of hindsight, would seem to have been instrumental in bringing about the present disastrous (and quite likely irretrievable) situation? And giving the clear impression of seeking to rewrite history to attempt to retrospectively justify some of the absurd and seemingly irresponsible actions that were taken?
Quote The actions of the RFL require no justification. It is the actions of the owners of the operating companies that require justification. The RFL has more than adequately supported the Bradford Bulls, not only in terms of securing the Odsal Stadium lease for the next 140 years, but in terms of funding both businesses in order that they could function as Super league clubs whilst in administration and continue to do so once new operating companies had taken over the business.'"
4 - I also note, in passing, that a guy who will assuredly know where the bodies are buried, and whose recollection of the actual events would surely make VERY interesting reading (and clear up what the hell actually DID happen and what is still happening), has just been appointed - internally - to a new, ongoing senior role within the RFL/SL structure. So I guess that's a ship that will never dock, at least for the foreseeable future?
Quote It is abundantly clear what did happen. The board of BB Holdings operated the business using an unsustainable business model that required them to seek substantial assistance from the RFL. The board of OK Bulls operated an unsustainable business model that again required assistance from the RFL to ensure the club survived.'"
If a club owner puts his club into administration, then buys the assets off the administrator and carries on through a phoenix company, then the points deduction should not be six points. It should be much more. Because he has secured a big financial advantage at the expense of creditors. Indeed, I would argue any such proposal should not even be allowed to proceed.
Quote The six point sanction was applied to OK Bulls. MG did not own the business when he placed it into administration. MG did not buy the assets from the administrator. He was the sole preferred creditor and the assets were transferred to BBNL in settlement of the debt owed by OK Bulls.'"
But where totally unconnected new owners seek to make a go of it, buying the net assets off an Administrator, it is patently ABSURD to severely penalise THEM - both in competition points AND massively financially - for something they were in no way responsible for. Indeed, I can think of little that would be more likely to deter precisely the kind of prospective new owners the RFL should be seeking to attract!
Quote You must remember that OK secured the assets, players & goodwill of an admittedly huge Super League brand for just £250,000. He was able to do so because the RFL had funded the lengthy administration of BB Holdings. OK was fully aware of the central funding available prior to agreeing to take over the club. The RFL was unable to simply write off the money it had pumped into the club during administration. It is absurd that anyone should think this would be acceptable.'"
Absurd. Totally absurd.
And, before anyone says "ah, well the new owners will have paid sod all for the net assets, precisely because they knew they would be so penalised", let's kill THAT nonsense off quite easily: If a RL club goes bust, it will invariably have sod all net tangible assets. SO there will not be anything to pay that much for anyway. And the value in any intagible assets like goodwill must be very limited indeed. "Ah, but they get a business free of liabilities", I hear them cry? Bollox they do. They assume very considerable employment liabilities under TUPE. As well, usually, as certain essential suppliers and providers being able to force some degree of recompense or otherwise financially hamstring the new company. In the case of both cases at Bradford, I would suggest that these liabilities will have been far higher than the value of any assets acquired.
Quote See above'"
So the new owners are effectively paying a sum of money for NET LIABILITIES. AND with severe future penalties to overcome. Can someone tell me who the hell in their right mind, acting commercially, would want to do that?
Quote The administrator valued the assets of BB Holdings at £3m. OK was able to purchase these assets for less than 10% of that valuation. OK was fully aware of all terms prior to buying the assets and taking over the Super League licence'"
Would you?
FWIW, I am expecting that, when history comes to be written, the actions of the RFL over a protracted period (including approving OK as an appropriate new owner) will be seen to have turned an ongoing crisis (a cris, let's be clear, caused entirely by incompetant and irresponsible club managements and ownerships not the RFL) into a total unmitigated disaster.
Quote To be clear, you are blaming the RFL for OK being allowed to take over Bradford Bulls? On the other hand it's the RFL's fault for allowing him to take over, and it's the RFL's fault for him agreeing to the terms of the takeover?'"
'"
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| Quote ="LeagueDweeb"OK was not penalised in any way. He was able to purchase all the assets of BB Holdings, take over the Super League licence and have all the playing staff TUPE'd across to OK Bulls.
OK was fully aware of the level of central funding available prior to agreeing to establish OK Bulls as the new operating company. OK was also given Sky money allocated for the 2nd year of his tenure during his 1st year.
I think RW business history contextualises his statement. As anyone who reads it will deduce, he actually accepts no responsibility whatsoever for his actions. As an example, the debenture deal with SSG was completed just 4 days after OK resigned as a director. RW fails to reference this at all in his statement. Nor is there any reference to the huge losses incurred in running the pop concert at Odsal.'"
Blake,does big Nige know you are posting on here
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| Quote ="LeagueDweeb"not a lot'"
Do you realise just how much you have telegraphed in all that? I poked your anthill, and you gave the game away big-time. I've met Solly, and quite liked him and thought he was a decent bloke. But I suppose prolonged exposure to Rimmer and Wood can do no-one any favours. Fat Nigel is an embarrasssment to my profession. If you have sold your soul to him, well God help you.
I can see, from a very quick perusal of your responses, any number of ways I can attack what you have said. And that you really have not addressed any of the charges I laid at your door. None.
Urban myth? So, let me get this straight then? The other clubs did NOT share the funds that were confiscated from Bradford amongst themselves? It is a pure myth that they did? Pray, enlighten us then as to what DID happen to those funds? Were they donated to Oxfam? Go on, you know you want to tell us?
Unfortunately, I have a job to do in the real world, and am really up against it time-wise. But as soon as I have the opportunity, I'll be back to get you.
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| Quote ="Ferocious Aardvark"You don’t say … as opposed to all the other SL clubs, who presumably decline to take their full allocation of Sky money as the season goes on… ?
Eh? You’ll have to restate that question in a way that makes sense.
We knew the RFL would pay wages etc to keep the club ticking over, and if necessary the RFL/SLE (through “Neonrain”) would even have acquired the club albeit on a temporary basis, the obvious reason being the integrity of the comp as opposed to one club dropping out. Do you think this is an insight or something? It isn’t.
Is that a fact? Well, I think I had better get off to the optician after this post because I am looking at them and clearly hallucinating. They state:
Funny, that.
Quote It's a statement of fact that the money paid to P$A was over and above the full allocation already taken by the club. You seem to think this amount of money should have been written off?'"
But you’re just stating the bleedin’ obvious, to the point of banality! And you are also skating over the fact that new owners, while not saving the old company (and so technically having no responsibility for its debts) nevertheless are expected by the RFL to offer to make payments despite tis total lack of obligation, and their proposals are part of the factors considered in deciding on sanctions.
Quote There was no expectation from the RFL. Any proposals put forward for dealing with liabilities were entirely the decision of prospective owners'"
You clearly don't! It states "[iAs part of the agreement and to meet the requirements of the RFL the purchasers are to make an offer to all ty does not say anything to the contraryrade creditors in the sum of 100p in the £[/i".
Quote The RFL had no requirement regarding payment to creditors, and your letter says nothing to the contrary '"
Oops!
So, come on, was the administrator lying? Well?
Absolute tosh and nonsense, as if BBNL chooses to pay anything to anyone, then it is not part of the affairs of OKB. At all. MG is not involved personally for the first thing. Secondly, the payment would be from BBNL not MG personally. Thirdly neither MG nor BBNL are in any way a party to the administration.
Quote MG is SSG. He agreed the debenture deal. He placed OK Bulls into administration.'"
If for example Acme Pies were owed £1000 by OKB and BBNL want to continue to trade with Acme Pies then they might choose to make a payment equal to what Acme Pies were owed by OKB. This would not concern the administrator. He only distributes such funds (if any) remaining when he has got in THE DEBTS DUE TO OKB. Anything BBNL chooses to pay is clearly not in the category of debts due, because BBNL does not owe a penny of OKB’s debts. Which is kinda the whole point, as you yourself sort of pointed out, of MG Not buying and keeping alive OKB.
Quote You seem to be struggling with the fact that MG is SSG & BBNL. The scenario you paint above would be what a CVA would cover. A route MG chose not to employ as it would have meant spending money he did not wish to. He would have been aware of the level of funding required to ensure a reduction in the 6 point penalty, but instead chose to set up BBNL and begin with zero liabilities /quote
But, as you’re seemingly a lawyer, if BBNL did choose to make the £1K payment to keep Acme Pies sweet, please enlighten us all what offence they would have committed?
Quote Perhaps you ought to read up on Insolvency?'"
If I felt sorry for Acme Pies, and sent them a cheque for £1K, would I be in jail too?
When Bullbuilder and others collected money and paid effectively some cash in lieu of wages to those who were working for nothing, and should have been paid by the club, did that make each person who put coppers in the bucket a criminal as well?
Quote Oh dear, you are being rather silly now'"
Were all the buckets delivered to the administrator so he could divide them between all creditors? We're gonna need a bigger jail.
We all know that the RFL plainly announced sanctions against BB2014, based on BB2014’s business plans etc. They announced so. We all thought BB2014 had bought the assets only it turned out that they actually hadn’t. But the penalty was announced aimed at BB2014 and not at OKB. BB2014, it turns out, obtained a licence to run the club from the RFL for 1 month. So they were RUNNING the club and had a licence to do so and as such were a temporary member, even though it turns out they did not own the club, although they had signed a (conditional) contract to do so. The end result was the de facto 6 points disappeared off the League table whilst BB2014 was operating under a temporary licence and therefore undoubtedly it was BB2014 which was sanctioned. However the sale fell through, the licence expired, and the operation of the club thus reverted to OKB, which was being run by the administrator. He appealed against the decision in that capacity, i.e. as the person running OKB, and did so in order to preserve any right of appeal as this might enhance the price he could sell the assets for, but the sanction was clearly not applied to OKB.
Quote No sanctions were announced against BB2014. The points deduction was made against OK Bulls and would have had to have been accepted by any potential new owner. It is exactly the same situation as the points deduction from BB Holdings. A points deduction was applied PRIOR to any change in ownership. You need to check your information.'"
No! OK owned the business until he sold the shares (if he did, that remains in litigation). The shares are of course not exactly worth a lot but the administrator RUNS the business and can SELL the business or parts but he never OWNS the business.
Quote There is no litigation in regard to any sale of shares of OK Bulls'"
I don’t think anyone on here claims BBNL were proposing to make any or any substantial payments to OKB creditors, simply because I’d have thought it would have been public knowledge if they did, but the fact is you are speculating, as no announcement has been made one way or the other. It would be interesting, when comparing the comments made by RFL re debtors, and indeed the quote from the administrator's letter that referenced RFL requirements, to know why different requirements would apply now.
Quote There is no speculation on my part. In order for any reconsideration of thepoints deduction to have taken effect, MG/BBNL would have had to make payments to creditors via the administrator. This has not and will not be happening.'"
As you so often do, you have it the wrong way round. The administrator tried to say OK was only owed £400K. (Without speaking to OK). OK insisted on a creditors meeting. At that meeting OK produced documentation evidencing his financial input and the administrator eventually revised and admitted OK’s claim at the increased figure of £1m approx.
The struggle is exclusively yours. The concept of a company being a legal person is one you need to get your head around. Until you do you’ll just keep looking increasingly silly.
Quote Feel free to provide any evidence of this, such as a revised statement of proposals or any documentation/statement from the administrator'"
I have corrected so much of your misinformation that it seems pointless to repeat, as if you didn't bother to read the corrections first time, why would you now? Or maybe you just haven’t read it. But sticking just to this particular piece of your catalogue of misinformation, I am stating the facts, and you have it wrong. The position was summed up in a T&A report following the creditors meeting:
Quote To clarify, you are citing a newspaper report as evidence for your claim? Perhaps you could provide a link?'"
This is factually what happened. You are, as so often, simply wrong.
Quote We will have to disagree on that point'"
Adey has popped your balloon on the rest so I won't deal with that.
Quote AM I to be grateful or relieved?'"
'" '"
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| Quote ="Adeybull"Do you realise just how much you have telegraphed in all that? I poked your anthill, and you gave the game away big-time. I've met Solly, and quite liked him and thought he was a decent bloke. But I suppose prolonged exposure to Rimmer and Wood can do no-one any favours. Fat Nigel is an embarrasssment to my profession. If you have sold your soul to him, well God help you.
I can see, from a very quick perusal of your responses, any number of ways I can attack what you have said. And that you really have not addressed any of the charges I laid at your door. None.
Urban myth? So, let me get this straight then? The other clubs did NOT share the funds that were confiscated from Bradford amongst themselves? It is a pure myth that they did? Pray, enlighten us then as to what DID happen to those funds? Were they donated to Oxfam? Go on, you know you want to tell us?
Unfortunately, I have a job to do in the real world, and am really up against it time-wise. But as soon as I have the opportunity, I'll be back to get you.'"
Charges? Such as?
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| You still have not explained why the RFL should be entitled to recover their money, when other (more important) creditors had to write it off?
You also failed to refute the claims that the RFL advised Moore and co. to allow the club to go into admin, as a ploy to 'oust' the owner of the club.
There has been no comeback to the Whitcut claims (unde the guise of the RFL), which makes me think that are worried of the debate picking up some momentum and other parties then coming forward to confirm/deny certain rumours.
Also from memory, the RFL imposed a 6 point deduction on BB2014, the new company had been granted permission by the administrator and everything was signed over before the 6 point penalty was agreed. The 3 owners at the time had agreed to pay back all creditors (with the exception of OK) over a 5 year period.
Lastly, why did the RFL wait until the creditors meeting before notifying that they were a creditor, with the owed amount of £900,000, why leave this so late? I dont understand the logic.
I fail to agree that the RFL are blameless in this whole fiasco.
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| Quote ="daveyz999"You still have not explained why the RFL should be entitled to recover their money, when other (more important) creditors had to write it off?
Quote The RFL isn't a creditor of OK Bulls'"
You also failed to refute the claims that the RFL advised Moore and co. to allow the club to go into admin, as a ploy to 'oust' the owner of the club.
Quote There is nothing to refute. The claim was apparently that those individuals were told not to pay OK for OK Bulls. This has never been substantiated in any way. other than rumour.'"
There has been no comeback to the Whitcut claims (unde the guise of the RFL), which makes me think that are worried of the debate picking up some momentum and other parties then coming forward to confirm/deny certain rumours.
Quote The unfounded claims made by RW are not worthy of a response'"
Also from memory, the RFL imposed a 6 point deduction on BB2014, the new company had been granted permission by the administrator and everything was signed over before the 6 point penalty was agreed. The 3 owners at the time had agreed to pay back all creditors (with the exception of OK) over a 5 year period.
Quote There was no sanction imposed on BB2014. The potential owners were made aware that a 6 point deduction would be part of any takeover by them or any other party.'"
Lastly, why did the RFL wait until the creditors meeting before notifying that they were a creditor, with the owed amount of £900,000, why leave this so late? I dont understand the logic.
Quote Is this what happened? Can you provide anything to support this?'"
I fail to agree that the RFL are blameless in this whole fiasco
Quote Who has said they are blameless? What are they to blame for?'"
.'"
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| Quote ="LeagueDweeb"
It's a statement of fact that the money paid to P$A was over and above the full allocation already taken by the club. '"
So what are the figures, pray tell?
Quote ="LeagueDweeb"
You seem to think this amount of money should have been written off? '"
I don’t accept your basic premise. But if the RFL pay money for RFL purposes then we call that “expenditure”. It isn’t a case of “writing it off”, they do what they think they can and should do. Why should anyone else repay them?
Quote ="LeagueDweeb"
There was no expectation from the RFL. Any proposals put forward for dealing with liabilities were entirely the decision of prospective owners '"
I see, so now you say the RFL had also lied about this to the administrators. Why would the administrator lie about that? I mean, what in that particular case would be the point?
Quote ="FA"You clearly don't! It states "As part of the agreement and to meet the requirements of the RFL the purchasers are to make an offer to all trade creditors in the sum of 100p in the £".
Quote ="LeagueDweeb"The RFL had no requirement regarding payment to creditors, and your letter says nothing to the contrary '" '"
You are being perverse. Or which bit of “the requirements of the RFL” mean there was no such requirement?
Quote ="LeagueDweeb"MG is SSG. He agreed the debenture deal. He placed OK Bulls into administration.'"
No, legally MG is not SSG. Stop trying to plait fog.
Quote ="LeagueDweeb"You seem to be struggling with the fact that MG is SSG & BBNL'"
No, they are legally separate and distinct self-contained persons. Why keep repeating rubbish? Your repetition will not reverse the effect of incorporation in English law. Once incorporated a company is as much an individual legal entity as MG. The whole point of incorporation is to create a separate legal personality which is therefore responsible (eg) for its debts. MG would not, for example, be remotely responsible for SSG debts. Why is that, if MG “is” SSG”? Anyway I refuse to entertain this idiotic line of “argument any further, if you can’t understand that a company is legally a person then I can’t waste any more time teaching you. You can’t educate pork.
Quote ="LeagueDweeb"Perhaps you ought to read up on Insolvency? '"
Heheh so you can’t actually come up with what offence would in your view be committed. Piszpoor attempt at a swerve.
Quote ="LeagueDweeb"No sanctions were announced against BB2014. The points deduction was made against OK Bulls and would have had to have been accepted by any potential new owner. It is exactly the same situation as the points deduction from BB Holdings. A points deduction was applied PRIOR to any change in ownership. You need to check your information. '"
No, you need to learn how to use a thing called a “calendar”.
Quote ="LeagueDweeb"There is no litigation in regard to any sale of shares of OK Bulls '"
All I can say is “liar”. There most certainly is, and it is defended. Why pretend you know something, when you actually know nothing about the point? Idiot.
Quote ="LeagueDweeb"Feel free to provide any evidence of this, such as a revised statement of proposals or any documentation/statement from the administrator '"
I have provided a direct reference from the press report (which has not been contradicted). Though that was not the source of my reliable information. I think it is your turn to produce something to the contrary, don’t you, if you want to persist in your delusion?
Quote ="LeagueDweeb"To clarify, you are citing a newspaper report as evidence for your claim? Perhaps you could provide a link? '"
I am stating the fact. It was reported in the press but the facts are as I have said. Accept it, or don’t, but as you have NOTHING to the contrary (and could not have, since the contrary is not the case) perhaps you should give some serious thought to listening to people who know what they are talking about.
Quote ="LeagueDweeb"We will have to disagree on that point '"
No, it is not a disagreement, I am stating the facts and you are issuing hopeless contradictions despite it just being pure supposition on your part. You do not have an arguable position, worthy of meriting a “disagreement”. You have nothing.
Quote ="LeagueDweeb"Adey has popped your balloon on the rest so I won't deal with that.
AM I to be grateful or relieved? '"
Neither. You should read what people who know what they are talking about say, and learn from it, instead of vainly churning out stuff which you know is just speculation by you, as if you had some information on these things. You don’t.
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| Quote ="LeagueDweeb"The RFL isn't a creditor of OK Bulls'"
So why did they lodge a claim around £900k the evening before the creditors meeting, and which they were allowed by the administrator to vote?
Quote ="LeagueDweeb"There is nothing to refute. The claim was apparently that those individuals were told not to pay OK for OK Bulls. This has never been substantiated in any way. other than rumour.'"
No, it is the direct evidence of those present. Whitcut is not claiming to be spreading
Quote ="LeagueDweeb"The unfounded claims made by RW are not worthy of a response '"
Heheh. Very good. But that isn’t how it works. You – whoever you are- do not get to decree what is “unfounded” just because you say so! How absurd! How on earth would YOU know whether Whitcut’s claims were founded or unfounded? Are you a parrot, that sits on his shoulder? Did you have him constantly bugged? Come on, we’d like to know!
Quote Lastly, why did the RFL wait until the creditors meeting before notifying that they were a creditor, with the owed amount of £900,000, why leave this so late? I dont understand the logic.
Quote ="LeagueDweeb"Is this what happened? Can you provide anything to support this?'" '"
It happened and has been reported. How much do you need? Why are you doubting it?
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| Unless the Law has changed in the last few days - MG isnt BB/SG
Salomon v A Salomon & Co Ltd [1897 AC 22 is a landmark UK company law case. The effect of the Lords' unanimous ruling was to uphold firmly the doctrine of corporate personality, as set out in the Companies Act 1862, so that creditors of an insolvent company could not sue the company's shareholders to pay up outstanding debts.
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| Quote ="Adeybull" Fat Nigel is an embarrasssment to my profession. '"
As insults go, that's pretty low.
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| Admittedly, just about everything from the last few pages has gone right over my head; but I must say it's been jolly good bants, chaps!
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| I dont think that anyone would argue with the doctrine of corporate personality. It is its applicability outside corporate law that is more the issue. For example Directors cannot under the Health and Safety legislation blame the corporate personality for any failures. The points penalty etc are all within sports law, the applicable laws being the RFL rules which all participants agree to as a condition of that participation. Those rules apply to all forms of ownership, including associations as well as limited companies. Whatever the de jure legal form of the businesses, there is no doubt that MG is the de facto controller of them. And it has to be the case. whilst SSG may have a legal personality, it is not a person, and so cannot of itself do anything. Hence other areas of law go past that legal personality and operate on the people that control it.
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| Quote ="LeagueDweeb"The RFL isn't a creditor of OK Bulls'"
So who is it a creditor of? It need to be against the appropriate organisation, yet you seem to think that (by law) you can keep requesting payment from any regime, regardless of who owned the club at the time the debt was run up. This is poor form, again, as I state earlier the RFL believes that they are more entitled to reclaim their money over HMRC. When in fact the RFL uses their power of being the rule maker and demands the new owners pay what is owed by the old owners. Anyone who doesn't agree to this fails to be given acceptance by the RFL to run the club (Bully tactics)
Quote ="LeagueDweeb"The unfounded claims made by RW are not worthy of a response'"
I disagree. I know that this correspondence has been passed to other chairmen of other SL clubs, who already have a pretty low opinion of certain 'goings on' at Red Hall. Surely the RFL would prefer to quash all allegations, but instead, they (you) would rather it just quietly went away.
Quote ="LeagueDweeb"There was no sanction imposed on BB2014. The potential owners were made aware that a 6 point deduction would be part of any takeover by them or any other party.'"
I'm pretty confident that this is not the case, especially given the fact that this was the reason the new board quit the club. If they were aware of the 6 point deduction, then took over the club, to then quit because they received a 6 point deduction, well you see my logic. Also, why would the 6 point deduction apply to any other party? This is making an assumption that no bidder would pay back any monies owed, which is a big assumption to make.
Quote ="LeagueDweeb"Is this what happened? Can you provide anything to support this?'"
[urlhttp://www.thetelegraphandargus.co.uk/sport/sportbulls/11178165.Former_Bulls_boss_pursued_for___905_000_by_Rugby_Football_League/[/url
Also, I thought you said earlier that the RFL was not a creditor of OK Bulls? Yet in the press release above there are direct quotes from Solly himself stating that the RFL lodged with the administrator that they were owed £900,00
“They (OK Bulls Ltd) are entitled to contest the claim, but we have to let the administrator know what we think is owed to us.”
I do hope you are the one defending the RFL at the appeal hearing.....
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| Quote ="daveyz999"...
Also, I thought you said earlier that the RFL was not a creditor of OK Bulls? Yet in the press release above there are direct quotes from Solly himself stating that the RFL lodged with the administrator that they were owed £900,000
“They (OK Bulls Ltd) are entitled to contest the claim, but we have to let the administrator know what we think is owed to us.”
I do hope you are the one defending the RFL at the appeal hearing.....'"
So to recap on this point, the RFL put in a late claim for £900K, were (surprisingly) allowed to vote to that figure, there were reports in the press of this happening, OK stated this to be the case, Balke Solly insisted the RFL were a creditor and that was reported too.
Yet our new friend simply claims the RFL isn't a creditor. Puzzling behaviour, as is the dweeb's sudden explosion into life, reminiscent of a supernova, never previously seen. Like a supernova, the output is largely uncontrolled and impervious to fact and reason. My theory is that dweeb is in fact from the Planet Dweeb, which is in a parallel universe that has fleetingly made contact with ours, and on his planet, none of the factual events here on Earth did in fact take place. This would explain, for example, Dweeb's potato-like inability to assimilate even blatant facts. If I am right, then as the connection is broken, Dweeb will disappear as quickly as he came, and blissfully complete his existence on his world, where rugby balls are square, Mother Theresa chairs SLE and Nigel Wood models for Primark swimsuits.
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| Quote ="martinwildbull"I dont think that anyone would argue with the doctrine of corporate personality. '"
You've not read The Dweeb, then!
Quote ="martinwildbull"..... Hence other areas of law go past that legal personality and operate on the people that control it.'"
The simple proposition refuted was MG "is" SSG (or presumably, for that matter, that he "is" BBNL). He isn't, but you'll not convince the Dweeb
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| Quote ="Ferocious Aardvark" Nigel Wood models for Primark swimsuits.'"
Think he would prefer a pie to swimwear to be honest, or several after being slammed as a disgrace to his profession earlier
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