Re: Points deduction poll : Wed Jun 04, 2014 11:34 am  

mystic eddie wrote:

TBH it would not surprise me if LeagueDweeb was Duffy. LD has all his traits......

And FA is apparently Sutcliffe. That's just leaves OK. My thinking is he is roger daly.

Re: Points deduction poll : Wed Jun 04, 2014 11:38 am  

If we've learnt anything from this its that none of us are really OK.

Re: Points deduction poll : Wed Jun 04, 2014 11:57 am  

Derwent wrote:

The best available evidence is within the administrator's official report which says....

... This arrangement was supported by a personal guarantee from Mr Khan which would be called upon to repay central funding advances if the company failed again within that two year penod[/i]

The summary is not the whole story, there was no link to "company failure". They had to complete their 2014 fixtures. Of course if the club went completely tits it might end up that they couldn't complete their fixtures, so in some circumstances it could amount to the same thing, but it doesn't necessarily follow. I see no reason to think the Bulls won't complete their fixtures so that makes it to me a grey area..

Re: Points deduction poll : Wed Jun 04, 2014 12:01 pm  

I doubt we'll hear anything today.

I'm in two minds on this.

Part of me doesn't want any back so it'll taste all the more sweeter when we stay up inspite of the deduction.

But part of me really wants all 6 back so that we can see this site go into meltdown. Calling people's bluff it'll be interesting to see Carter and a few of the posters on this site try and justify staying in RL despite earlier saying they'd walk away.
If we only get a few back it's crap as it gives people the chance to vent their spleen but with a get out clause for not being true to their word. ie. "I only threatened to walk away if they got all 6 back".

Re: Points deduction poll : Wed Jun 04, 2014 12:06 pm  

tigertot wrote:

And FA is apparently Sutcliffe. That's just leaves OK. My thinking is he is roger daly.

I'm Omar Khan (not the former chairman of Bradford Bulls a different one in case his lawyers are reading this).

Given that I now have no affiliation to the Bulls I'm nailing my colours to the mast.

I'm a big Wildcats fan and would love all Wakefield season ticket holders to join me in Skipton tonight for free meals. You'll all fit in don't worry so just head up when you're ready.

Re: Points deduction poll : Wed Jun 04, 2014 12:11 pm  

Adeybull wrote:

Indeed.

My problem with that wording has always been that it never made clear whether or not there was a contingent liability upon the company? The wording used there implies that the RFL could pursue OK whether or not there was, and whether or not the company actually made any repayment to the RFL?

It would concern me if there WAS a contingent liability upon the company, and at least the existence of said contingent liability was not referred to in the Administrator's Proposals. Not least because, in the unlikely event that there MIGHT be some dividend for the unsecureds, any crystalised RFL claim would massively dilute the claims of the remaining unsecureds.

Which was why my original conclusion was that it seemed unlikely that there would be such a condition applying to the company. Yet, if the RFL did indeed lodge a large claim, that would very much suggest that there WAS?

So it's got me beat!

I think we have to assume that there was a contingent liability on the company otherwise surely the administrator would have had to dismiss the RFL's claim - he is there to deal with the affairs of OKB Ltd not to deal with disputes between two 3rd parties. It would very much depend on the status of OK's guarantee - did he give a separate personal guarantee or was he in fact acting as guarantor for the company, which are two entirely different things.

Re: Points deduction poll : Wed Jun 04, 2014 12:14 pm  

Pumpetypump wrote:

I know it is impossible to be the case, but I'm already finding myself refreshing the news feeds and twitter every few minutes for news.

Not that I give a stuff obviously. Way too cool for that.

Appeal hearing is from 2pm - 6pm today. So you can hold off on your twitter refreshes for now

Re: Points deduction poll : Wed Jun 04, 2014 12:27 pm  

LeagueDweeb wrote:

...
OK gave a personal guarantee of repayment should OKB enter admin.

Nope. Wrong.

LeagueDweeb wrote:

...Sky money DID NOT & WILL NOT appear as a liability on OKB accounts.

Neither will the GDP of Botswana. Can you tell us who said it did or would, though?

LeagueDweeb wrote:

... OKB DID NOT have any liability to repay the funds

Wrong. In specific circumstances OKB did indeed have liability.

LeagueDweeb wrote:

...You are nothing but an ill informed, ignorant troll.

Bless.

Re: Points deduction poll : Wed Jun 04, 2014 12:39 pm  

Maccbull_BigBullyBooaza wrote:

I'm a big Wildcats fan and would love all Wakefield season ticket holders to join me in Skipton tonight for free meals. You'll all fit in don't worry so just head up when you're ready.

You expect them to leave West Yorkshire?

Re: Points deduction poll : Wed Jun 04, 2014 12:46 pm  

tigertot wrote:

You expect them to leave West Yorkshire?

There is a new visa waiver scheme in place, but you have to pass a basic English test