Joined: Dec 22 2001 Posts: 17146 Location: Olicana - Home of 'Vark Slayer
vbfg wrote:At this point I'm willing to believe there are actual, non-metaphorical skeletons in a cupboard.
Steve McGowan could be the cleaner.
“At last, a real, Tory budget,” Daily Mail 24/9/22 "It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21
A member of the Guardian-reading, tofu-eating wokerati.
Joined: Dec 22 2001 Posts: 14145 Location: At the Gates of Delirium
As I keep observing, administration would be a means for CC to gain total control.
If, as we have been assured, all the non-day to day liabilities have been settled, then if there is a day to day cash shortfall that could doubtless be plugged by Moran and transfer fees, and least in the short term. So will be interesting to see what the justification for administration might be.
Adeybull wrote: The trouble is, if he DOES force administration and blames it all on Hood, we'll likely never get to know the truth of it.
Is that right? I dont have any experience of Administration but was under the impression that it was a fairly transparent process? If, as FA says and I have before, we've paid off the major debts, wouldn't that become known during an Administration?
Joined: Oct 26 2005 Posts: 3209 Location: Bradford
Adeybull wrote:As I keep observing, administration would be a means for CC to gain total control.
Although technically he has majority control at the moment. Which might be a less risky option - once he has weighed all the variables.
This review process. If we accept that Duckett & Potter are good at their jobs - then the review process doesn't have to be a significant amount of time. It might actually be separate 1hr presentations with a q&a session afterwards over a cup of tea.
Duckett will know the financial skeletons (or lack thereof) and just needs to bring Tasker up to speed.
Potter will know the strengths & weaknesses of his squad and who he wants to let go/keep and who to get in.
Coulby & Caisley & Agar would bring it all together.
That meeting with Nobby would be interesting. I would love to be a fly on the wall for that one.
Joined: Jun 22 2005 Posts: 9554 Location: bradford
Anyone still confident we'll avoid Administration after listening to Duckett on boots n all?. He usually comes across pretty well but seemed to not have a clue whats going on. Cullen and O'Connor putting boot in will hardly help attract investors either.Pretty certain our average attendance is well north of 8k too which one of them stated as current figure.
Joined: Dec 22 2001 Posts: 14145 Location: At the Gates of Delirium
Cibaman wrote:Is that right? I dont have any experience of Administration but was under the impression that it was a fairly transparent process? If, as FA says and I have before, we've paid off the major debts, wouldn't that become known during an Administration?
Its certainly not a transparent process at all - far from it. Especially with prepacks. An administrator will always be able to justify his actions in some way. But that wasn't my point. What I was getting at is that once a business is in administration, there is virtually no way for Joe Public to get to know whether if COULD have been saved without resorting to administration. All we'd have is one camp assuring us that administration was the only option, and the other likely saying the opposite - and adding that it was the first party's intervention that prevented the second party from securing the investment it was pursuing.
And we'll never know the truth of it. But, unto the victor the spoils, and history is usually written by the victors?
Joined: Jan 23 2008 Posts: 8028 Location: The Provident Stadium, Odsal.
mat wrote:Anyone still confident we'll avoid Administration after listening to Duckett on boots n all?. He usually comes across pretty well but seemed to not have a clue whats going on. Cullen and O'Connor putting boot in will hardly help attract investors either.Pretty certain our average attendance is well north of 8k too which one of them stated as current figure.
The presentation was embarrassing.
Don't these presenters know that meticulous preparation is essential to at least come across as legitimate and knowledgeable.
The above isn't in no way shape or form aimed at Ryan Duckett, but those two clowns.
Sky's Rugby League coverage needs an urgent revamp IMO.
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