Roosters should buy this cluib

[morley101]

http://www.dailytelegraph.com.au/spo...-1226605802512


Would love to have the red White and Blue flying over...Redfern.....

Pay the recievers 5c on the dollar.....

[Rooster_6]

"Unfortunately, it's a sign of the times," Rabbitohs chief executive Shane Richardson said.

lol.

I do feel for the people who have been left out of pocket because of this, genuine hard working people. Rather than playing the blame game and trying to distance themselves from the failure an apology wouldn't be a bad place to start.

[Parkway_Drive]

The usual suspects engage the lawyers and then play the blame game..and play smokes and mirrors via their lawyers.

Like so many other failed ventures these days the honest workers with bills and mortgages to pay are now out of of a job and feel the pain. The lawyers and administrators make a killing to fund their o/seas trips to Monaco,etc

Yes, we should offer the Receivers 5c in the dollar.

[Fairfax]

I have mates who were very close to the whole thing, this has been a disgrace from start to finish. It will be interesting to see what happens.

[TDK]

The club is broke lol, plus I reckon it's been pre arranged, the builder who built it is the main creditor, I reckon you will see a deed of company arrangement for six cents per dollar and Souths but it back for nothing, it smells funny.

[Hawkeye]

It's the people's club ...now watch the people get screwed !

[Fairfax]

TDK: It's fishier than that. Crowe, Holmes a'court and the original builder Alber Bertini formed a company and sponsored the football club. The relationship between the three fell apart and a whole new group of trades came in and built the club after years of inactivity.

The second group are some of the ones out of pocket now.

Souths supporters are quoted as saying, "Before Holmes a Court and Crowe's proposal, the leagues club had assets of over $20 million in real estate and just over $7 million in debts. Because of the deceit from the football club owners, all the assets are gone and the liabilities are massive.

The real estate assets were flogged off by Russell and Peter to fund the football club's yearly losses. So these two didn't have to pay for their football club toy out of their own pockets."

http://www.rebelrabbitohs.com/hutch/...Administration

This is one of the many shonky chapters in Souths history... Pride of the League indeed.

[stephenj]

ha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha ha

[roosterproud]

i second that stephen
ha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha hahaha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha ha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha ha ha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha haha ha ha

[horrie hastings]

While it couldn't happen to a nicer club than South Sydney, it isn't a laughing matter for all the tradies and staff who are caught in up in this sorry mess and are either out of pocket or out of a job.

[Guest]

Wouldn't touch it with a barge pole, we don't want a whiff of their toothless taint on our great club. Let them squirm in their own faeces.

lol@souffs.

Chook.

[Guest]

So can the creditors sue PHaC & Maximus, now that I would like to see, especially when the judge gives his decision to Maximus, you guessed it, a big thumbs down!!

[Guest]

While it couldn't happen to a nicer club than South Sydney, it isn't a laughing matter for all the tradies and staff who are caught in up in this sorry mess and are either out of pocket or out of a job.

It happens everyday man, you lie with vermin you get myxomatosis. If PHAC and Maximus burned people over this I hope they get their cumuppence...but they won't.

Chook.

[Guest]

whoever buys it will need to pay $5 mill to get the doors back open

[horrie hastings]

whoever buys it will need to pay $5 mill to get the doors back open

and another $5 million to fumigate it.