Don't fall into the trap that some bitter fans are falling into about this. This isn't even a pre-pack deal, it it will be a new owner and there is nothing to say that HMRC won't get some money from the sale proceeds. The current owners who as McF said, own the current Ltd company, are gone and new owners look likely to buy the business from the administrator. His job is to get the best price possible for the business and secure future employment for the current employees and he will only get what someone is willing to pay... and that won't be much! Also, when it comes to HMRC then the majority of the forthcoming debt is back-tax that HMRC are pursing from all SL clubs, so in reality the actual debt for tax not paid is probably quite small in the scheme of things. Given that the club we support has allegedly by the far the biggest bill looming, you need to be careful about glass-houses and all that!



Business is business and is all about risk and reward, a new successful business continuing to pay tax is better than a liquidated business and even HMRC know that one. You and I don't lose long-term, that is how the system works and that is why NI exists. Despite Ted being unable to keep the business afloat and also many Wakey fans baying for his blood, it does not appear he has really conned anything out of anybody... and he personally will be the biggest loser in on this.



Now if you want get upset about something then Crusaders and the RFL pre-pack has lost HMRC and me and you some money.... don't turn on Wakey when our own governing body 'sanctioned' a pre-pack and secured is own debt ahead of the tax payer!

I thought the idea about NI was that it paid for the NHS? At least in part....

To be honest, if Wakefield didnt start the season I dont think I'd even notice.

Ted is the biggest loser - are you for real?

What a nice human being you are. Your mother must be so proud!

Always taught me to be honest so yes, yes she would be.

How do you know Danny so well

or was it just one of the moments when everything suddenly becomes crystal clear

Why?



You're a franchise filler, that's all. You've never been a serious contender in Super League and never will be.



Wakefield = '...also ran'



Having you in the SL is irrelevant - you could quite easily be Halifax, Keighley or *insert name of irrelevant team here*.

I'd be sorry if they didn't start the season. Crappy ground aside, it's one of my favourite away days.

What is it with all these Trinity fans getting all touchy because some of us dont even note their pathetic existence?

From a financial perspective yes, he loses the ground back to the bank, so £1.7m is quite a bit of money. That is all I meant, that is why he was so desperate towards the end to retain control... it will hit him in his already empty pockets.