Administration and Insolvency for Clubs Explained
2 August 2012 by Adrian Houstoun, Kingston Smith
One of the consequences of the current economic climate is that rugby businesses, like so many others, have been forced to yield management to administrators. The national press has featured some high profile sports cases including Rangers Football Club, Portsmouth Football Club and now the latest - Bradford Bulls Rugby League club. Clubs would prefer to first seek support of their creditors, incl...
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