Originally Posted by
Bremsstrahlung
Wasn’t the no money for 12 months clarified to mean that he made a big lump sum payment to cover the seasons spending.
I’m no lawyer but I feel like any failure to pay wages would result in warnings and eventual stripping of licence. We’ve all heard the “we’ve got no money coming in” line, but as long as he’s paying those wages and the bare minimum, he’s under no obligation to spend more right?
Idk. I feel like everything’s not adding up.
Lee sells to a buyer.
Lee hangs on, and funds the season with bare minimum and nobody can do anything about it.
Lee can’t make payments and the league takes over the licence and funds/funds a buyer
Lee can’t make payments and we fold.
Is there any other option here?