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| No, the legal adviser will have advised that and used a broker to find an insurance company to do that. The solicitors will have been paid out for their time from the policy.
ATEOD I can only speculate based on standard practice from the industry. Someone had to sign and pay the premium. If they went in bare then expect to be burnt.
Fair does to Keith. He had a case, based on things I read yesterday he had a strong case. Thewlis sending emails with with subjects like he did to his agent is just amateur. I hope the club will learn from this. A more professional approach is needed from several areas as the back of office is not matching the onfield.
I would love to get involved the business side of the club.
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| Hello,just having a chuckle to me self reading this,someone on here talks about insurance well i hope its in place because the total bill for this mess will be about 300K give or take a few shilling.
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| Quote ="jools"Confirmed Bradford suspicions? I think you'll find those were confirmed when we had to pay them compensation!
A Wakey fan wittering on about reputation- seriously I actually did laugh out loud when I saw that comment.
CCJs, breaches of cap, failure to deliver on new stadium promises, administration, crowd trouble....again.... How much is that suspended fine by the way....
Yep the giants will have such a tarnished reputation....'"
Nicely deflected,turn it round onto Wakie and pretend it hasn't happened
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| Quote ="BOYD2"Hello,just having a chuckle to me self reading this,someone on here talks about insurance well i hope its in place because the total bill for this mess will be about 300K give or take a few shilling.
'"
Out of interest, how've you arrived at £300k?
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| I'll chuck a penny into ye old troll pond!
Who's with me...?!
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| Your cheap BTE policy ( Before The Event) is very different to an expensive ATE (After The Event) Policy. You get a cheap policy based on you jumping through a set of hoops. You policy is cheap because the chance of payout is low based on thousands of people paying into the pot with a couple of payouts. An ATE policy is based on something that HAS occurred and will happen. The premium is much higher and therefore doesn't need the hoops.
I'm in Wakefield tomorrow and I'm happy for you to come into our offices and I will talk you through it face to face. PM me and I will set up an window....we have aircon!
Lets be clear here two things are important : 1. The club lost the case, 2. The club will face adverse publicity.
What isn't important is the financials as they should be covered.
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| So would I wadski it seems we are very very unwise shall we go and see Ken together.
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| Ginger ,there is the cost of the trial the Barristers the insurance pollicy Masons team will have put in place in case they lost.
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| Quote ="Wadski"I would love to get involved the business side of the club.'"
The whole of RL needs business acumen - not something I possess, but if you do then go for it. There are too many people involved who think they know what they're doing but in truth are out of their depth (I don't exclude the club I love from this), but I wonder if they keep real talent out as it would show them up for what they are - amateurs.
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| What is important is that we learn the lessons from this event so there's no repeat. There are other clubs that seem unable to do so. And equally, some fans!
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| Quote ="Wadski"Your cheap BTE policy ( Before The Event) is very different to an expensive ATE (After The Event) Policy. You get a cheap policy based on you jumping through a set of hoops. You policy is cheap because the chance of payout is low based on thousands of people paying into the pot with a couple of payouts. An ATE policy is based on something that HAS occurred and will happen. The premium is much higher and therefore doesn't need the hoops.
I'm in Wakefield tomorrow and I'm happy for you to come into our offices and I will talk you through it face to face. PM me and I will set up an window....we have aircon!
Lets be clear here two things are important : 1. The club lost the case, 2. The club will face adverse publicity.
What isn't important is the financials as they should be covered.'"
Love to, but you'd probably sell me something I didn't need - not that I'd ever pay for it, obviously!
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| I have some Rolly eyes. Will that do instead of. Quid?
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| You should wear a patch over one of them Wadski, that should sort it out in 6-8 months.
Also highly beneficial on Talk like a Pirate Day (September 19th!)
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| Wakeyrule. I'm not in insurance anymore - onward and upward. You are more than welcome though as otherwise I'll have to post on here!
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| I had that theory when I was rejected by the Giants !
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| Quote ="BOYD2"Ginger ,there is the cost of the trial the Barristers the insurance pollicy Masons team will have put in place in case they lost.'"
I see.
The Examiner is claiming £160k plus legal fees, totalling £167k.
Will see what they say in the full story tomorrow.
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| Boydy, The ATE policy will cover all that except the cost of Keith's policy. That will have to come out of Keith's award as Keith's out of court expenses won't be covered, that's his policy and owed by him. The benefit of a policy is someone checks over the costs so paying Joe to carry Keith's bag won't be covered and everything will be checked.
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| Listen mate KM was awarded 167 which will increase when his legal cost and expences are callculated in so he his looking at about 200, then the barristers will have to be paid plus the insurace plus the cost of the trial and that will bing the cost to about 300 and unfortunatly the Giants will have to foot that bill happy days for KM.
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| Quote ="roger daly"Nicely deflected,turn it round onto Wakie and pretend it hasn't happened'"
Sorry have i gone about this all wrong? should I have gone on their board and had a dig? Wasnt quite sure of the protocol
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| And not only that Mr T and the giants will be in more trouble when they have to answer to the RFLfor the lies that was told to them in a previous hearing.
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| oh dear, Huddersfield are a small club stuck in SL.....well done Keith.
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| Quote ="Ginger_Giant"I see.
The Examiner is claiming £160k plus legal fees, totalling £167k.
Will see what they say in the full story tomorrow.'"
There is £35 k court costs ie the time of the judge etc etc
The costs of the legal teams will probably be borne by the losing party i would guess that both teams had a minimum of a barrister plus a junior and a solicitor in attendance. They would have been paid by the parties at the private rate that would be a minimum of £2k a day for the barristers ( anyone half decent would have been charging £5k a day).
that for two days doubled adds up.
The legal advice and conferences held before the trial would also have been at the same rate. I would be amazed if the legal fees were less than £50 k
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| Durham trust me when i tell you the Giants will be looking at a final payment of nearly 300k.
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| The Judge was definitely a Leeds fan fed up of the kickings.
We need an extra 10000 fans to turn up to pay the ridiculous payout.
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| The club statement from Ken Davy was very good and laid out the standards that the club expects, and I applaud him for his stance.
The Judge in the case was very soft and too liberal, although I liked Mason, he let the club down.
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