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Offer made for troubled Wakefield Trinity Wildcats
by Adam D Thu 03 Feb 2011, 7:11 pm
Spirit of 1873 Ltd, a group backed by Yorkshire businessman Andrew Glover, say they have made an offer to buy Wakefield Trinity Wildcats.
The Wildcats applied to go into administration on Tuesday to avoid a winding-up petition brought by Her Majesty's Revenue and Customs.
"This is a serious and fully costed bid," said Glover.
However, a spokesman for potential administrators O'Hara & Co said: "We are not aware of any offers to date."
Four buyers are thought to be interested in making a bid for Wakefield, although Spirit of 1873 are so far the only suitors to claim to have made an offer.
"This bid is to take over Wakefield's number one sports team before the start of the new season," added Glover.
"We are looking forward to doing a deal quickly with the administrators to give us as much time as possible ahead of the first competitive game of the season.
"If successful, our first objectives will be to work closely with the RFL to negotiate as small a points penalty as possible as a result of the administration to participate in the new Super League season.
"The Wildcats belong in the Super League and I will be actively involved in seeing that the club stays there by ensuring that it is run on a proper commercial basis."
Glover, whose company are Wakefield's shirts sponsors for the 2011 season, said he has received approval from the Rugby Football League after passing a fit and proper person test.
He also confirmed that the Spirit of 1873 would push ahead with the club's bid to gain planning permission for a new 12,000-seat stadium at Newmarket.
source BBC website http://news.bbc.co.uk/sport1/hi/rugby_league/super_league/wakefield/9386378.stm
The Wildcats applied to go into administration on Tuesday to avoid a winding-up petition brought by Her Majesty's Revenue and Customs.
"This is a serious and fully costed bid," said Glover.
However, a spokesman for potential administrators O'Hara & Co said: "We are not aware of any offers to date."
Four buyers are thought to be interested in making a bid for Wakefield, although Spirit of 1873 are so far the only suitors to claim to have made an offer.
"This bid is to take over Wakefield's number one sports team before the start of the new season," added Glover.
"We are looking forward to doing a deal quickly with the administrators to give us as much time as possible ahead of the first competitive game of the season.
"If successful, our first objectives will be to work closely with the RFL to negotiate as small a points penalty as possible as a result of the administration to participate in the new Super League season.
"The Wildcats belong in the Super League and I will be actively involved in seeing that the club stays there by ensuring that it is run on a proper commercial basis."
Glover, whose company are Wakefield's shirts sponsors for the 2011 season, said he has received approval from the Rugby Football League after passing a fit and proper person test.
He also confirmed that the Spirit of 1873 would push ahead with the club's bid to gain planning permission for a new 12,000-seat stadium at Newmarket.
source BBC website http://news.bbc.co.uk/sport1/hi/rugby_league/super_league/wakefield/9386378.stm
Adam D- Founder
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Re: Offer made for troubled Wakefield Trinity Wildcats
by ADMIN Fri 11 Feb 2011, 7:07 pm
Wakefield Trinity Wildcats have been taken over by Spirit of 1873 Ltd, a group run by businessman Andrew Glover.
The rescue deal is subject to the Rugby Football League's final written confirmation that Glover passes a fit and proper person test.
It comes after fellow Yorkshire businessman Steve Parkin decided not to proceed with his bid.
The Wildcats entered administration on Friday and as a result will be deducted up to six Super League points.
Despite Parkin's decision to withdraw on Thursday evening, Batley-based administrators O'Hara & Co were hopeful of a takeover before Saturday's opening game of the new season against Castleford Tigers at the Millennium Stadium.
The club applied to go into administration at the beginning of February to avoid a winding-up petition brought by HM Revenue & Customs over an unpaid tax bill thought to be in excess of £300,000.
A club statement said: "The deal will secure the Wildcats' long-term future and give this club a fresh start.
"At the core of our plans is securing the financial stability which will allow us to support the team on the field and give our loyal fans the experience and success they deserve."
The terms of the agreement will see the Wildcats playing at their long-time Belle Vue home for the 2011 season.
Speaking last week, Glover, whose company are Wakefield's shirt sponsors this season, said he had made an offer for the troubled club and that his fit and proper person test had been approved by the RFL.
He also confirmed that the Spirit of 1873 would go ahead with the club's bid to gain planning permission for a new 12,000-seat stadium at Newmarket.
The rescue deal is subject to the Rugby Football League's final written confirmation that Glover passes a fit and proper person test.
It comes after fellow Yorkshire businessman Steve Parkin decided not to proceed with his bid.
The Wildcats entered administration on Friday and as a result will be deducted up to six Super League points.
Despite Parkin's decision to withdraw on Thursday evening, Batley-based administrators O'Hara & Co were hopeful of a takeover before Saturday's opening game of the new season against Castleford Tigers at the Millennium Stadium.
The club applied to go into administration at the beginning of February to avoid a winding-up petition brought by HM Revenue & Customs over an unpaid tax bill thought to be in excess of £300,000.
A club statement said: "The deal will secure the Wildcats' long-term future and give this club a fresh start.
"At the core of our plans is securing the financial stability which will allow us to support the team on the field and give our loyal fans the experience and success they deserve."
The terms of the agreement will see the Wildcats playing at their long-time Belle Vue home for the 2011 season.
Speaking last week, Glover, whose company are Wakefield's shirt sponsors this season, said he had made an offer for the troubled club and that his fit and proper person test had been approved by the RFL.
He also confirmed that the Spirit of 1873 would go ahead with the club's bid to gain planning permission for a new 12,000-seat stadium at Newmarket.
ADMIN- Founder
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