Re: Latest financial situation - all posts here : Thu Jun 14, 2012 8:02 pm
mat wrote:
from memory glover either wasnt in the frame or had only just shown an interest at point admin were called in at wakey. he had to pass fit and proper person checks at RFL before he bought the club hence a delay of a week or two and admininstrators selling players.
Bit different situation here as its going to caisley (or a consortium fronted by him) who takeover and he's already passed the fit and proper person test, which was confirmed by RFL in a T&A article a few weeks ago. So the delay in the changeover should be much reduced.
Bit different situation here as its going to caisley (or a consortium fronted by him) who takeover and he's already passed the fit and proper person test, which was confirmed by RFL in a T&A article a few weeks ago. So the delay in the changeover should be much reduced.
It was only days for Glover who agreed to buy the club but whilst the RFL were seeking to see if he was fit and proper the Administrator made staff redundant and sold players to keep essential staff and also torecoup there fees. Although not 100% I believe I have read somewhere that from an off field point of view the Bulls are not very lean people wise employing a lot of backroom staff. Wakey are now extremely lean. Expect to lose players and and staff. Unless the Knight comes over the Hill and is happy to chuck money away, the problem is still the fact that you have shareholders who are enemies!