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Last Season's SPL Prize Money.....


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As I understand, the SPL refuse to pay it to us as they say we're now a newco ( they probably haven't got £2m to give us anyway).

If that's the case then surely this money is due to the oldco and are D&P or BDO(as administrators or liquidators) not legally required to get this money to maximise the creditor's pot for the oldco? if so and the SPL don't have this money could they themselves be forced into administration ?

JUST A THOUGHT

Edited by RANGERRAB
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I think I read in the administrators report that it was sold to the newco by d&p.

 

after they reduced the value of tbk cva by it of course.

 

Add it to what they thought they'd get for the players (on the bizarre notion that they all TUPEd over!) and get a free RFC !

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Add it to what they thought they'd get for the players (on the bizarre notion that they all TUPEd over!) and get a free RFC !

 

Someone was always going to get the club for virtually nothing. You just had to be in with Duff & Phelps to get it.

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