Who are our Creditors? | PUNT ROAD END | Richmond Tigers Forum
  • IMPORTANT // Please look after your loved ones, yourself and be kind to others. If you are feeling that the world is too hard to handle there is always help - I implore you not to hesitate in contacting one of these wonderful organisations Lifeline and Beyond Blue ... and I'm sure reaching out to our PRE community we will find a way to help. T.

Who are our Creditors?

CanbTiger

CARN' TIGES!
Oct 6, 2003
1,330
0
Canberra
In real terms, the impetus for Fitzroy’s demise was the appointment of a voluntary administrator by some oblique foreign bank creditor.

From that point, the only options for the Club were return to its former state (er- not possible), some agreement with creditors (LOL) or liquidation.

Given all the talk of RFC off-field problems, a similar appointment or some other insolvency process must be a considerable risk for the RFC.

The question must be asked, who are our creditors and can their tolerance of a >$2 million owing be assured?