According to the BBC the takeover should be complete by today but until then the Administrators have a duty to the creditors to accept bids on players. Lets just hope like Murphy the player stays news.bbc.co.uk/sport1/hi/rugby_l ... 397920.stm

According to the BBC the takeover should be complete by today but until then the Administrators have a duty to the creditors to accept bids on players. Lets just hope like Murphy the player stays news.bbc.co.uk/sport1/hi/rugby_l ... 397920.stm

"If an offer comes in for a player, it is difficult for the administrators to say no. Our duty is to the creditors"

Simon Weir, spokesman for O'Hara and Company

Thats the key quote... cue todays mad rush from SL clubs trying to snap up anyone they can before the takeover is completed.

it should've all been tied up on friday!!

Agreed Andrew Glover needs to get it complete asap. All Super League clubs are looking not only at our first team but our academy players too. Stop the rot

The RFL had all gone down to Cardiff lunchtime onwards on Friday, so no-one was at RFL HQ to get it completed, any other Friday it would have been done. As they were 'working' all weekend, most were probably off yesterday. My own dealings with the RFL on Friday saw an out of office reply saying they due to the MM weekend, they would be back at work on Tuesday. Today is probably the first opportunity to get Mr Glover, RFL, and O'Hara's round the table without sitting on bar stools in their hotels in Cardiff. Unfortunately the Administrators have been pro-active in the meantime, because it means big paytime for them.

according to this.... the deal is far from done. www.superleaguefans.com/wakefiel ... pdate.html

according to this.... the deal is far from done. www.superleaguefans.com/wakefiel ... pdate.html

Quote ="Wildcats#1"according to this.... the deal is far from done. www.superleaguefans.com/wakefiel ... pdate.html'" So they asked someone who knows nothing other than what was released previously. A meeting will happen sometime, but I haven't been told when. And something will be decided then, but I don't know who is involved with the decision, where the meeting will take place, and I don't know much about it really.

Quote ="Wildcats#1"according to this.... the deal is far from done. www.superleaguefans.com/wakefiel ... pdate.html'" So they asked someone who knows nothing other than what was released previously. A meeting will happen sometime, but I haven't been told when. And something will be decided then, but I don't know who is involved with the decision, where the meeting will take place, and I don't know much about it really.

Quote ="Wildcats#1"according to this.... the deal is far from done. www.superleaguefans.com/wakefiel ... pdate.html'" Absolute joke if they haven't even organised a date, to even consider whether to approve Wakefield’s new owner, which is what this site claim the RFL have said. Where as on another site who were quoting the administrators said it be should be completed today.

Quote ="Wildcats#1"according to this.... the deal is far from done. www.superleaguefans.com/wakefiel ... pdate.html'" Absolute joke if they haven't even organised a date, to even consider whether to approve Wakefield’s new owner, which is what this site claim the RFL have said. Where as on another site who were quoting the administrators said it be should be completed today.

well i guess we dont know which sources are reliable.... so i guess we will have to wait till it come from the horses mouth... but from what i can gather it doesnt look good.. and if it takes as longs as that link suggests to finalize it all. how many more players will have been sold and will it be worth him taking over? can he change his mind now?

I own superleaguefans.com.

We asked the RFLs Chief Media Manager - and that's the response he gave us this morning. So from his quote, the meeting has yet to be decided. I can only report on what Iv been told. If the BBC have other sources and they're told otherwise, then that's cool aswell.

If this is true then all the players will have gone before its complete.If we are selling these players to lower the debt does this not mean that the points deduction could be less.If its less than 700,000(crusaders debt) they can't take more which is what brian carney said.Might take them at same meeting as when ag officially takes over that might be why the delay.

If, as I'm lead to believe, Andrew Glover has already passed the RFLs fit &proper person test it should only take an email from Nigel Wood to ratify the sale.

Something along the lines of "Please accept this email as full and official confirmation of the RFLs approval for Mr Andrew Glover of Spirit of 1873 Group, to become owner and Chairman of Wakefield Trinity with immediate affect.

Yours Sincerely

Nigel Wood
Chief Executive
RFL
Red Hall
Leeds
LS1


He could have done that from his iPhone while watching Catalan v Harlequins but I'm guessing his hands were too busy.

Yeah I was going to post something along those lines. But I just don't know if reduced debt means reduced points.

How did the Crusaders get their debt down to 700k from over 2 million, even with RFL loan?

im sure ive read that it did in crusaders case, equally buying the club off yourself for a third of the total debt, should equally count against, but hey, i cant see it!

I believe that the Crusaders owed to RFL £700k, which has been coverted to a loan. The rest of the creditors were told to whistle. The new company paid £16k for the club and about £80k in costs.

As I understand it the new owners paid off all the debt apart from the loan owed to the rl(700,000)this is one of the reasons they won't be booted out cos if they go down they wouldn't be able to pay it back and this is why they got 4 instead of 6 points.

If that's the case I stand corrected.

So that still left well over £1 million, wow they were really lucky to get only the 4 points.

Crusaders wrote off very penny of debt apart from the RFLs, they didn't pay anyone else at all!

I'll be interested to know how much the club manages to pay off and what is owed compared to Crusaders.

i thought they were having it taken out of their sky money over 4 years £175k per season?

I dont give a toss about Crusaders so why do we go on about them the only thing that matters is Trinity

Maybe you don't, but I was wondering about the points deduction and the only thing to compare it to is Crusaders.

Agree and to see if we are being treated on a level playing field to them but i doubt it.