Yet another total success story coming out !
Printed From: National League Rugby Discussion Forum
Category: League Rugby - www.leaguerugby.co.uk
Forum Name: Clubhouse chat
Forum Description: For rugby related posts that fit nowhere else.. When you're ready Sandra.
URL: http://www.leaguerugby.co.uk/forum_posts.asp?TID=20701
Printed Date: 01 May 2025 at 06:11
Software Version: Web Wiz Forums 12.04 - http://www.webwizforums.com
Topic: Yet another total success story coming out !
Posted By: Scrumtime
Subject: Yet another total success story coming out !
Date Posted: 24 Mar 2025 at 08:22
|
https://www.cityam.com/england-rugby-travel-rfu-joint-venture-goes-into-liquidation/" rel="nofollow - https://www.cityam.com/england-rugby-travel-rfu-joint-venture-goes-into-liquidation/
|
Replies:
Posted By: Stalwart*
Date Posted: 24 Mar 2025 at 10:16
|
Another RFU shambles, what a complete sh** show they are. ------------- Pirate |
Posted By: JZSmith
Date Posted: 24 Mar 2025 at 10:57
That's why they are paid the big bucks Stalwart. Imagine what we'd get if they were paid what they were worth!
|
Stalwart* wrote:Posted By: No 7
Date Posted: 24 Mar 2025 at 11:43
Failure after failure = Sweeney bonus ------------- Ambition should be made of sterner stuff. |
Posted By: Halliford
Date Posted: 24 Mar 2025 at 13:56
| Read the article properly - it says planned business restructure. Not every company liquidation in England is financial failure. It's just the way company law works. Mind you, it's still daft to close it without announcing the replacement. |
Posted By: Camquin
Date Posted: 24 Mar 2025 at 15:47
|
It is a solvent liquidation. In the statement of solvency, it is estimated that the company has assets of 200,000 and no debts. But the last accounts cover the period to the end of June 2022 at which point it had assets of over £3m - mainly as debtors. Something is going on, but I am not sure what. It is not all doom and gloom, but it is not a rose garden either. ------------- Sweeney Delenda Est |
Posted By: JZSmith
Date Posted: 25 Mar 2025 at 12:14
I remember when Woolworth's had a planned business restructure!
|