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 Post subject: Re: Crusaders into administration?
PostPosted: Thu Nov 04, 2010 12:08 pm 
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 Post subject: Re: Crusaders into administration?
PostPosted: Thu Nov 04, 2010 8:13 pm 
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 Post subject: Re: Crusaders into administration?
PostPosted: Mon Nov 08, 2010 9:41 am 
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Rugby press reporting you are looking at going into adminsitration, leaving creditors unpaid and again bringing the game of Rugby League into disrepute






2015 - major missed opportunity, 2016 - stronger teams = harder task (no problem there then), 2017 - OMG What now!!!

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 Post subject: Re: Crusaders into administration?
PostPosted: Thu Nov 11, 2010 8:06 pm 
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certainly looks like administration.

http://www.guardian.co.uk/sport/2010/no ... -adjourned?
certainly looks like administration.

http://www.guardian.co.uk/sport/2010/no ... -adjourned?






Never mind the bollox,bring on the rugby:

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 Post subject: Re: Crusaders into administration?
PostPosted: Thu Nov 11, 2010 8:17 pm 
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how is this club still signing players if it doesn't know if its still going to be in business ?






22/03/2013
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 Post subject: Re: Crusaders into administration?
PostPosted: Thu Nov 11, 2010 10:20 pm 
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j.c wrote:how is this club still signing players if it doesn't know if its still going to be in business ?


Because they've already formed a new company W Crusaders Ltd and have obviously had the nod that they will be in SL next year.

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 Post subject: Re: Crusaders into administration?
PostPosted: Thu Nov 11, 2010 10:26 pm 
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Derwent wrote:Because they've already formed a new company W Crusaders Ltd and have obviously had the nod that they will be in SL next year.


will the tax man allow this if he doesn't get his money ?
or does it not work like that?






22/03/2013
Get LEIGH outta wigan

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 Post subject: Re: Crusaders into administration?
PostPosted: Thu Nov 11, 2010 11:39 pm 
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j.c wrote:will the tax man allow this if he doesn't get his money ?
or does it not work like that?


Taxman can't stop it. They are two entirely different companies and the directors of the new company are not directors of the old one. Legally its 2 people unconnected with the old business starting up a new one and the old company's debts are nothing to do with them. The morals of it are of course a different matter but legally they're doing nothing wrong.

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 Post subject: Re: Crusaders into administration?
PostPosted: Thu Nov 11, 2010 11:47 pm 
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j.c wrote:will the tax man allow this if he doesn't get his money ?
or does it not work like that?


I think this is why they want to cleat HMRC debt first before admin to save any further issues with them.






This isn't a sleeping giant, it's a giant! Denis Betts Nov 2010

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 Post subject: Re: Crusaders into administration?
PostPosted: Fri Nov 12, 2010 12:04 am 
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J20 wrote:I think this is why they want to cleat HMRC debt first before admin to save any further issues with them.


Usually the HMRC are the ones who dont get paid , dont forget the money they collect is actually ours :roll:






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