Tbf we all know that won't count for nothing, your only SL saving grace is using the Cru in admin point so if you did you'd lose that and with ground situation last time showing one failure & one on a knife edge plus RFL will look at cap spent this season added to crowds and performance and can you see someone else being dropped? Salford IMO were at risk but ground stepped up and spent big this year.

No buyer will pay extra to creditors when could still lose SL licence and will have then spent money on debt they could of on the club. At current Wakey don't seem able to run a SL set up, can that really change in what 3 months? Bare in mind SO'C took over Widnes in November, offered a 500k guarantee on the club in SL and was still told it was to soon!

Prior to Crusaders going into Admin all SL clubs voted to remove the clause about going into Admin being detrimental to membership[ of SL. Convenient for them. Wonder if it will be for us?

Administration is now a punishable offence and but does not exclude a club from or applying for a new SL licence. Bankruptcy/Liquidation does, administration then exiting administration does not. So if the administrators can find a buyer, which looks likely, then it theoretically has no impact on the licence process... the change of rules for Crusaders is suddenly good thing for Wakefield, not a bad thing!

We all know the possibility of a franchise was well and truly blown out of the water the moment Newmarket went to a public enquiry. No rule change with regard to administration will help us - quite the contrary, in fact. It merely safeguards the Crusaders.

As for administration - am I the only one who's thinking that maybe it won't be the panacea that some on here are claiming it will? Aside from the fact that no one seems to know what will happen regarding the remainder of the money due from the sale of Belle Vue, the thing that's made me wonder recently is this whole issue of the 350K we [ididn't get[/i from Yorkcourt because the Newmarket development went to a PI. And 350K wasn't the end of it, by all accounts.

So why were we due the money?

I may be wrong here - facts are not easy to come by - but I seem to recall someone claiming that it was Ted who bought part of the land (as greenbelt, or whatever it was designated as) and sold it to Yorkcourt. As development land, of course, it would have been worth considerably more than was paid for it - and this would have been the gamble. It would also account for the stadium tie-in.

Is this why the payments were due?

If we [ido[/i go into admininstration, Ted will no longer be chairman of the club. The Newmarket stadium development will no longer be his concern. The money for any development that takes place on the land (with or without stadium) will still be his, though (assuming he is in fact the former owner of the land). Now if you were Ted, what would you do?

I'm not saying this is deffo the case. I'm just building an argument on the basis of what's been mentioned here before. It seems a more credible explanation to me than the "sweetener" from Yorkcourt that had been put forward by some.

Do we really know what we're getting into here? That's the question.

i agree, and to compound the argument I hope it will mean we will get rid of you, until you hear something you do not like from new management and you harp on again.

I was bemused by the £350k from Yorkcourt intially - simple question, why would YC pay a "sweetener" to WT as they effectively had us over the proverbial barrel anyway?

It turns out that the money from YC relates to BV & would have been part of a deal that released Cala from paying what was outstanding on the original deal.

Whether Ted has or hasn't bought land at Newmarket I don't know, but the £350k related to an asset of WTRLFC Ltd rather than something the Ted would directly benefit from.

Administration could spell the end of the club who is out there with money to put into a club with no ground after this season with little or no hope of SL rugby

If enough people sign up, the supporters trust?

If 5000 people joined and the membership fee was £20 it would give the trust £100k to play with, if it was raised to £50 it would result in £250k. I think those kind of figures would be reasonable to run a club at Championship level.

Well, if rumours are true then at least 2 if not 3 people. Also, why would you not have a ground, to stay in SL then Barnsley or Doncaster look likely until Newmarket and staying at Belle Vue in the NL1 would seem to be on the cards if not. The new owner may make the administrator an offer they can't refuse for Belle Vue, or if they are looking to sell Belle Vue on to others or if it is to be liquidated, then the longer the better, as land is only going to go back up in price and why would you not rent it back to the newly owned team until Newmarket or something else came along! The Administrator has a legal responsibility not only to keep and sell the company as a going concern, they also have to do everything they can to choose (if given a choice) who provides the best sustainable long term future for the company.

Looks lke Championship rugby for the next 3 yrs.Crowds will fall and wont be easy starting with a new team, against teams such as Leigh etc.

it wont be easy but hopefully we will still have a club and something to build on. we will allways have the fact we were never relegated from sl by finishing bottom of the league.

I hope you still have a club buddy, as i like the heartlands to be kept hold off.Annoying when london and crusaders keep getting handouts and help.

Barnsley would be risky Doncaster would be suicide. If we can stay at Belle Vue then bring on the championship, hell it's been a good run.

Not up on all this but if the club went into admin before the season started would all season tickets be nil & void

we get new owners Barnsley could work well until newmarket is sorted sl or championship, it will depend on the way we promote it

I would expect new owners to at least honour them as it wouldn't look too good with the fans but they could be null and void,

I paid £350 for a family ones

Yes they do, but it doesnt stop the HRMC going for it, if they are the major creditor ie 25% or more then im afaraid they have the call, and if they want to wind it up, then they can by stopping a CVA. The admin has then no option,

If they weren't then my support would be nil and void.

yes but more likely to want to work with a new owner than just close it,
the new owner would have to have some good business history

me too,

on the risk knowing how the club was retailing just after last season I held back to the final day before buying them and then used the visa which protects goods bought, don't want to make the claim but the option is there

A similar thing happened with the Sheffield Steelers over the summer. Season tickets, though the money had gone, were honoured by the new owners.

It would be a huge risk for a new board to not honour existing season tickets especially given the small take up anyway. How many 'new' season tickets would they be likely to sell? Not that it's a major concern just yet but it's an interesting point.

I see it as inconceivable that you don't play SL this year given how late it now is , although most likely it will need some input from the RFL

If that was the case then the Championship in 2012 also seems inevitable , the most important thing then would be to remain at BV if at all possible , to run in the Championship at max SC level without extra input you need to pull in around 3,000 fans in your own ground , or at least a ground you control and retain income streams without paying massive rent

You will be welcomed down here if that's were you end up

the marketing of a restructured club is critical to who ever takes over (if it happens) as they would have to regain the confidence of the supporter