Nothus wrote:
Not really an option as the creditors would just object to the striking off.
Putting the club in admin isn't an option either because the funds are there to pay the creditors.
This will end with either Leigh paying the players what they are owed, or the players accepting the offer from Leigh.
I suspect DB has broken his silence now to try and guilt trip the players currently holding our for their full pay.
Presumably the distinction is whether funds are there for 'Leigh' to honour those contracts, or if the funds belong to Beaumont? If 'Sporting Club Leigh Ltd' can afford to pay, then it simply becomes a contractual dispute between the players and the club. It's hard to see if that's the case given that the business accounts for Sporting Club Leigh Ltd
are more than a month overdue.
The the ability to pay the players is contingent on another injection of cash from Beaumont (ie a director's loan) that isn't forthcoming, then as the link from Bullsye says, he has three options - sell, appoint a new director or wind the club up.
My gut feeling is that there is an element of brinkmanship to this and Beaumont is pressuring the relevant parties to agree to an arrangement. If the club were to fold, the two players in question would face a protracted and expensive legal battle to most likey end up with the square-root of Jack.