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Thread: Who actually owns Roundwood training ground.

  1. #1
    Join Date
    Jun 2016
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    9,696

    Who actually owns Roundwood training ground.

    If it these this could change things.Liberty Steel is making a last-ditch attempt to save its plants in and around Rotherham and Sheffield from collapse.
    On Wednesday, a court could force Liberty's speciality steel business to close over unpaid debts, putting 1,450 jobs at risk, unless the company wins an adjournment.
    Liberty Steel told the BBC that discussions continue with creditors and that it ''understands the concern this will create for colleagues''.
    It added that it ''remains committed to doing all it can to maintain the speciality steel business".
    Government sources told the BBC they are not prepared to step in to save Liberty or any of its subsidiaries to pay off outstanding debts.
    However, the government may look at stepping in if the company is forced into insolvency by the courts.
    Creditors, including Harsco Metals, have petitioned the court to force the company into liquidation so that Liberty's assets can be sold to pay the money it owes.
    The court could order Liberty Steel to be wound up.
    Last edited by CAMiller; 20-05-2025 at 10:21 PM.

  2. #2
    Join Date
    Mar 2004
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    28,908
    Quote Originally Posted by Lolmorgan View Post
    If it these this could change things.Liberty Steel is making a last-ditch attempt to save its plants in and around Rotherham and Sheffield from collapse.
    On Wednesday, a court could force Liberty's speciality steel business to close over unpaid debts, putting 1,450 jobs at risk, unless the company wins an adjournment.
    Liberty Steel told the BBC that discussions continue with creditors and that it ''understands the concern this will create for colleagues''.
    It added that it ''remains committed to doing all it can to maintain the speciality steel business".
    Government sources told the BBC they are not prepared to step in to save Liberty or any of its subsidiaries to pay off outstanding debts.
    However, the government may look at stepping in if the company is forced into insolvency by the courts.
    Creditors, including Harsco Metals, have petitioned the court to force the company into liquidation so that Liberty's assets can be sold to pay the money it owes.
    The court could order Liberty Steel to be wound up.
    It's my understanding that all the sporting facilities were placed in a trust and no longer have any affiliation with the steelworks. I could be wrong though.

  3. #3
    Join Date
    Oct 2023
    Posts
    590
    Liberty steel: 1500 jobs around Rotherham. ?600 million in debt. Blaming cheap imports and high energy costs. Creditors demanding their money. But the judge hearing the petition says he is mindful that liquidating the company would have a catastrophic effect on Rotherham. Could be Nationalised like S****horpe. But no Government commitment yet. I wonder how many Liberty workers are Millers fans?

  4. #4
    Join Date
    Jan 2015
    Posts
    3,993
    Quote Originally Posted by CAMiller View Post
    It's my understanding that all the sporting facilities were placed in a trust and no longer have any affiliation with the steelworks. I could be wrong though.
    I think you are correct Cam. Bloody hell that?s a first 🤣🤣🤣🤣

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