Re: Are Leigh destined for League 1? : Mon Nov 12, 2018 8:00 pm
maurice wrote:
Leigh have a big creditor its called derek, he is owed 1.3m in loans. He therefore controls the process and the outstanding contracts would get f'all. He has stated that if we need a newco it will be debt free and 100k in the bank from him, there was no debt to HMRC a situation now frowned on so I don't know what punishment the RFL will place on newco, but it took 3 admins and huge HMRC debts to penalise Bradford points. The choice facing the players is hold out force administration and get nothing or take the pay off on the table, I understand the pay off is similar to Admin fees. That's how it is, not stating its right but reality is something or nothing for the 2 players
No he's not. AB Sundecks are Leigh's big creditor.