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| Quote mat="mat"RFL could have given Crusaders a maximum 6 point deduction. They were lenient because new owners agreed to pay back a portion of crusaders debts instead of just letting administration wipe the entire debt.'"
So it's looking like Wakefield will be hit for six then?
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| Quote Mick Gledhill="Mick Gledhill"So it's looking like Wakefield will be hit for six then?'"
its possible although think rfl might just give them same to avoid having to make a big deal out of fact they were lenient on crusader ( which they didnt shout from rooftops at them time)
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| Quote mat="mat"its possible although think rfl might just give them same to avoid having to make a big deal out of fact they were lenient on crusader ( which they didnt shout from rooftops at them time)'"
The RFL being consistent
They have to go for the four IMO otherwise it opens up a big can of worms.
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| Quote mat="mat"its possible although think rfl might just give them same to avoid having to make a big deal out of fact they were lenient on crusader ( which they didnt shout from rooftops at them time)'"
I agree, I think they will give them the same punishment. If not it would look too much like favouritism IMO
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| Feel sorry for Wakey fans.
Not a good thing for Rugby League at all.
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| No way would they dare give more than a 4 point deduction, it would be bedlam.
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| Four points deduction is the least of their problems with the Franchise decision coming up soon
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| Perhaps Castleford, Wakefield Trinity and Featherstone Rovers should form Calder 
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| Quote Ewwenorfolk="Ewwenorfolk"Feel sorry for Wakey fans.'"
I don't. Generally they are a bunch of in-bred buffoons with no idea what they are talking about. The only fans in the game I would feel less sorry for are those from Warrington.
Quote Ewwenorfolk="Ewwenorfolk"Not a good thing for Rugby League at all.'"
I agree on this.
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| Quote Ewwenorfolk="Ewwenorfolk"Feel sorry for Wakey fans.
Not a good thing for Rugby League at all.'"
Yep two Super league clubs entering administration before a balls been kicked in anger is a brilliant advert for the sport - not - and has unsurprisingly been given more coverage in the national press than the World Cup launch.
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| A quick guide to administration.
1. It doesn't automatically terminate contracts of employment (unlike liquidation)
2. An administrator is free to dismiss/retain employees as he sees fit.
3. If an administrator does nothing for 14 days after his appointment he is deemed to have retained employees
4. If an administrator retains employees they now have 'super-priority' as creditiors. This means that their wages will be paid as a first slice of the company's assets (even before the administrator's own fees)
5. The administrator's job is either to (i) ensure survival of the company (rare) (ii) or get a better result for creditors than liquidation or (iii) make a distribution (payment) to secured creditors (banks)
6. The administrator usually achieves his aim by selling the assets of the company to a third party.
7. The players themselves are not assets, but the right to their services under their contracts of employment are. However, as Adey says, the fact is you cannot force someone to work for someone else, therefore the value in the accounts is zero.
8. If the assets are sold to a third party them employees transfer to the third party under TUPE rules. This means that all players are likely to be transferred to the new business
9. If the a buyer has already been found and a deal done or virtually done this is known as a 'pre-pack'
Hope this clarifies things a bit.
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| Brill concise summary IMO moorey. I've copied that for future use, if you don't mind, since its far more structured and concise than my usual wafflings.
I did not know about #3, so maybe I can book reading this thread as verifiable CPD...? 
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