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| It also reveals the insolvency firm, which has run the club since it entered administration on June 26, worked out its own costs up to August 24 amount to £172,551.90 – with it staff working for an average rate of £205 an hour
Ooh. No wonder it took him so long! 
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The Bulls seem to have specialised in employing local naive people to do work for them judging by some of the comments in that article - the woman who says "I've filled in a form to claim our money back but don't know what happens now", I'll tell you, nothing will happen now, if you're VAT registered you can't even claim the tax back yet (although if you've half an ounce of sense you'll do the obvious thing).
To the caterer who continued to provide food (cash up front, well done him) after he was owed a significant sum, didn't bother chasing the money "as we always got paid" but "Is in the dark as to what happens now", I guess that you might not be catering for Omar Khan in the new company so kiss goodbye to the debt and move on, you'll get notice of a final settlement to creditors in about twelve months time and my money is on the fact that the letter will state that there are insufficient funds to offer any repayment to creditors.
Welcome to the world of business, its never yours 'till its in your bank, and even then its not yours.
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The Bulls seem to have specialised in employing local naive people to do work for them judging by some of the comments in that article - the woman who says "I've filled in a form to claim our money back but don't know what happens now", I'll tell you, nothing will happen now, if you're VAT registered you can't even claim the tax back yet (although if you've half an ounce of sense you'll do the obvious thing).
To the caterer who continued to provide food (cash up front, well done him) after he was owed a significant sum, didn't bother chasing the money "as we always got paid" but "Is in the dark as to what happens now", I guess that you might not be catering for Omar Khan in the new company so kiss goodbye to the debt and move on, you'll get notice of a final settlement to creditors in about twelve months time and my money is on the fact that the letter will state that there are insufficient funds to offer any repayment to creditors.
Welcome to the world of business, its never yours 'till its in your bank, and even then its not yours.
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International Star | 2163 | No Team Selected |
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| Quote Steve-O="Steve-O"with it staff working for an average rate of £205 an hour
'"
Thats relatively cheap!
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Club Coach | 3325 | No Team Selected |
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Oct 2004 | 20 years | |
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| Quote Sam Buca II="Sam Buca II"Thats relatively cheap!'"
For going to restaurants and begging the owners to buy a rugby team? I could do it for less. Plus I bet the curries were on expenses
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International Chairman | 17971 | No Team Selected |
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Jun 2002 | 23 years | |
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| Quote JerryChicken="JerryChicken"The Bulls seem to have specialised in employing local naive people to do work for them judging by some of the comments in that article - the woman who says "I've filled in a form to claim our money back but don't know what happens now", I'll tell you, nothing will happen now, if you're VAT registered you can't even claim the tax back yet (although if you've half an ounce of sense you'll do the obvious thing).
'"
I think that's Mrs Glenn Morrison you are slagging off McChicken 
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Player Coach | 30653 | No Team Selected |
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| wire offered £300k for bateman so I fail to see how £150k for all of the club's assets represents value for the creditors
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International Chairman | 32302 | No Team Selected |
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| Welcome to the wonderful world of Insolvency. The creditors will get nothing and can do nothig about it. Believe me, those Insolvency Practicioners costs look OK compared to some of the stuff I see,
Lawyers get bad press but Insolvency Practiocioners are real vultures.
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International Chairman | 9565 | No Team Selected |
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Dec 2019 | Dec 2019 | LINK |
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| Small businesses generally end up stuffed when dealing with companies that go bust. Bigger companies - especially banks - will hard-headedly cut their exposure as soon as they get whiff of a problem, fail to get paid etc (as the bank did with the Bulls). Small companies tend to chase their losses - partly because they have no choice as they themselves owe money further up the chain. Its a tough place to be, especially in a recession.
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Player Coach | 559 | No Team Selected |
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Mar 2007 | 18 years | |
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Jun 2013 | Mar 2013 | LINK |
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| Its business, anyone who does not realise that this happens needs to take their head out of the sand or deal in cash only.
To those who didn't realise how insolvency worksand how much it costs, well you do now.
Would this get the same publicity if it was a small business that went bust, no its the Bulls so let the T&A make a story.
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International Star | 3605 | No Team Selected |
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Jul 2012 | 13 years | |
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May 2016 | May 2016 | LINK |
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| Quote the canaries="the canaries"
Would this get the same publicity if it was a small business that went bust, no its the Bulls so let the T&A make a story.'"
It is all a bit naive and anti-Bulls isn't it, you almost expect the reporter to storm the offices and demand when the new owners are going to repay the bills of these poor traders who let the previous administration have credit.
Just in case the reporter of the T&A is reading this, the answer is, its nothing to do with the new owners.
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