Interview: BBL AT LOW EBB, SAYS EX-DIRECTOR (David Low)

It's taken a bit of digging, but some facts from those (and previous) accounts,

Although it's fair to say clubs don't have a lot to gain from calling in the debts and potentially bankrupting the BBL

They do if any are about to go bust themselves I would suggest. In fact I don't think they would have any choice.

All those debts will show as an asset in each clubs balance sheet and when push comes to shove the clubs or should I say liquidators at those clubs would attempt to call the debts to help cover some of the debts the club's owe their own creditors

Any liquidators of clubs would not be doing their duty correctly for the creditors of each club if they didn't call those debts in

The question in the accounts about whether the debts are payable on demand is a crucial one. They are showing as debts owed after more than one year in the accounts. Although that appears to have been challenged. (Could it have been Leeds who challenged that?) They may well have been paid what they were owed if it was them?

I'm just speculating there though.

The reason it's crucial is I believe if those debts can be claimed back on demand rather than after a year then I believe that would mean the BBL was insolvent and it would be illegal for it to continue

(Albeit insolvency rules are being stretched a bit under Covid)



Happy to be corrected on any of the above as I'm not a qualified accountant but just giving my take on the above at first glance

I spoke to Vince Macaulay on this and he WAS NOT impressed with the comments. About 68 minutes in. "The interviewee isn't someone I have too much respect for."

open.spotify.com/episode/75rQAQj0uOA9tdiHLKqBQC

Always take what vince says with a pinch of salt. However I've never been a david low person. He did however stand up alot for the bbl unlike what vince says in the podcast

Has any of the podcast people contacted a rocks person. Nobody other thsn the written press has Duncans word

I think you're being over dramatic. All clubs need to do is invite Dominic Cummings and the rules won't apply

What do you expect them to say.......their strategy is to keep telling people that the show will go on, until it doesn’t! Sound familiar PLBBA?