So you are not bitter at all then and you just think that whole of UK Company law clearly needs a serious overhaul?

So what would your suggested options be on changing the law on administration and liquidation of companies be exactly? A government regulated national insurance scheme perhaps... oh, wait, we have one of those already! Compulsory instead of optional credit insurance is one other option but generally it felt that would just feed the insurance industry and cost the economy more than benefit it as it would discourage business start-ups?

Please share your wisdom on the subject that successive governments (of all parties) have been unable to solve... till now maybe?

Quote ="thetruth"Yes its as simple as that , unless of course you happen to be one of the poor sods that loses money, while the club starts to prosper (hopefully for the supporters). The whole admin process is a disgrace allowing companies to default and just walk away scot free'" www.insolvency.gov.uk/ There you go --- go tell them!!!!

Quote ="thetruth"Yes its as simple as that , unless of course you happen to be one of the poor sods that loses money, while the club starts to prosper (hopefully for the supporters). The whole admin process is a disgrace allowing companies to default and just walk away scot free'" www.insolvency.gov.uk/ There you go --- go tell them!!!!

I wish we knew SOMETHING by now!!! a press conference booked for tuesday?/wednesday? the report in the people hasnt even been confirmed/denied... I thought it was going to done quickly? this is like pulling teeth...


101 guests online and still no news...

TheTruth and wisdom? Words never associated before!!!!

Bitter much?

The process of administration is far from a perfect system, but it's the only one we've got; that being the case, I'd worry about the business acumen of any new owner who didn't use a perfectly legal process in order to unburden the club of debt prior to taking ownership.

Your respose has answered my rhetorical question by the way.

Cas should be celebrating if we go into admin as it could be used as the tiebreaker if both our bids stack up the same.

I've given up for today - been sneakily checking the forum every 15 mins at work - can't see anything happening today now .

Its not at all, its to encourage new businesses to start up without the risk of losing everything. Without the laws as they are we would not have new companies starting up, so no more jobs created and in turn no extra income to the economy, and then nothing to export, and so on and so forth.

Sorry if this is a bit difficult for you to understand, but if you would be happy to be on the dole and the government not having enough money in reserve to pay your dole, hence you not receiving any money, then continue with your lovely left wing views, and go and join the eastern block in their communism.

Not sure if I'll be celebrating at a club falling so hard.

If it happened to Cas, i'd be upset. Who knows, if you do go into admin it could have good repercussions for you.

If you do get a new backer, who do you think the RFL will replace Widnes in the Championship with?

Leeds

I bow to your superior knowledge.

Get 16 teams in

A lot of water to pass under t'bridge before anything changes, at this present time we are odds on.

I, your not wrong mate

its worth a punt

Agreed; as much as I'd like to believe the Steve Parkin rumour, I won't do so until it's all been made official.

If it does prove true however, I can see the RFL having a real dilemma; they certainly won't want to send him and all his lovely millions packing to the lower leagues, not to mention his contacts and associates.

Totally agree.

Surely the RFL would find it difficult to send us down with a debt free club, millionaire backer and a brand new 12000 stadium on the horizon



Fingers crossed that is the soon to be scenario !

Be careful, they wouldn't let Widnes up with much the same scenario so why would they not send us down. I hope your'e right but there's some way to go yet.

No other sport would consider it but this is RL, it would leave them with a HUGE problem.

Anyway nowts changed yet, so fingers crossed.

Correct, if it all comes off it will get very interesting.

And some nice sponsorship.....

And the increase in season ticket sales and merchandise, fans flooding back




If it happens it could turn out to be very positive allround.

Lots of people walking very strangely, everything crossed at the moment.

Widnes were debt free with a millionaire backer and IN a (fairly) new stadium.