Thanks all for the comments, my understanding is Hunslet Old Boys have replaced us.
Shane Spencer has now paid half of the players, but not the staff. He is running Cougar Park Ltd as a separate entity to Keighley Cougars Ltd (although he has resigned from both as a director). My guess is all bar takings, functions and sponsorship will be swallowed by that leaving the actual rugby club having to cope on the central funding and gate receipts alone.
My guess is his shady complex legal dealings (look at this blokes record on companies house - 26 appointments) are meaning its taking an age to sort out.
Im not 100% clear as to the legal structure. RFL own the lease, COOP the land and presumably Cougar Park Ltd now own the buildings.
Although im guessing, maybe having a squad unshackled by a deteriorating ground is a good thing.
