Rotherham awaits liquidation decision
Rotherham is appealing to the Rugby Football Union not to cut a lifeline thrown to the club by a local consortium hoping to help it to avoid liquidation.
Rotherham is appealing to the Rugby Football Union not to cut a lifeline thrown to the club by a local consortium hoping to help it to avoid liquidation.
Link: Relegation sends Rotherham into liquidation
The RFU must ratify the proposal, under which £500,000 raised by groups ranging from the local council to the club’s supporters would be used to buy its assets.
The Guardian reported club captain Jacob Rauluni as saying any refusal to agree the proposal would be a ‘black mark’ against the RFU.
Jacksons Joliffe Cork, licensed insolvency practitioners of Wakefield and McCormack solicitors, who are acting for the club, will also be nervously awaiting the RFU’s decision, which is due on Wednesday.
Rotherham’s directors had previously set a date of 16 September for the club to enter into liquidation.
The numbers you crunch tell a story. Your expertis...
20yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleBody Shop, Ted Baker, Farfetch, MatchesFashion and Wilko among latest retailer insolvencies. Number of businesses in trouble are the highest in five y...
View articleInsolvency statistics in the UK for the second quarter of 2023 were the highest since 2009 with 83% of them relating to small businesses Read More...
View articleThere were 6,342 recorded company insolvencies in Q2, reflecting a 9% increase compared to the number of insolvencies in Q1, and a 13% increase compar...
View articleThe survey paints a “brightening” picture of the global economy, according to the ACCA Read More...
View articleThe pandemic may have “distorted” some economic data Read More...
View articleAdvisory firms must offer a “more supportive” and holistic approach to clients amid the economic downturn Read More...
View articleHaving a clear plan and clean data to help optimise the use of scarce resources will be key for businesses Read More...
View articleThe Coronavirus Job Retention Scheme has supported millions of jobs amid the pandemic, but with the support measure set to end in September, how can a...
View article