Wakefield docked points for going into administration
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Your support makes all the difference.Wakefield Wildcats have been docked four points as a result of going into administration, the club have confirmed.
The Rugby Football League's board of directors met today to determine the scale of punishment after the club breached their rules on insolvency and had the power to deduct up to six competition points.
The four-point penalty matches the punishment handed out to Crusaders after they went into administration in December.
The outcome will be greeted with a tinge of relief by Wildcats coach John Kear, who had called for a "level playing field" after the Crusaders were forced to start the season on minus four points.
The Welsh club avoided the full punishment because they agreed to carry over some of the rugby-related debt they inherited from a previous administration.
Wakefield's new owner Andrew Glover, whose Spirit of 1873 company brought the club out of administration, revealed yesterday he, too, intended to voluntarily satisfy some of the creditors.
"It's a brand-new company and none of the old debts are there," Glover told the press conference. "There are elements that I will be honouring, that I feel I want to honour, but I don't want to go into details."
It is thought the old club owed more than £300,000 to HM Revenue and Customs, whose action in bringing a winding-up petition precipitated the decision to go into administration.
Administrators O'Hara and Company sold three players, Sam Obst, Daryl Millard and Dale Ferguson, for undisclosed fees to other Super League clubs during the five days they ran the club to help pay off some of the debt.
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