Quote Originally Posted by John2 View Post
Its true, Wigan are about the only club where the new owners can not have Covid as an excuse if they provided proof of funds in order to take over.

On TS, he never took us into administration. He became the new owner after we had already entered it. We did get -17 for the unorthodox way we left administration, though I can't remember the details.

Jeremy Bleazard was the administrator that time.
I think (not certain so happy to be corrected) that in order to avoid an additional points penalty the club must exit Administration via a CVA (Company Voluntary Arrangement - an agreement with creditors). From memory I dont think we (RUFC/ TS) agreed a satisfactory settlement with those owed money and so couldn't exit via a CVA. I seem to recall one creditor seeking full recompense.