Off-field Issues: Winding-up petition/Chairman/CEO/finances

[Max_Power]

On 12/11/2025 at 15:29, Andrew Vause said:

My 13 year old lad who has watched Fev since he was 6, had one of his wakey following team mates sending laughing emojis,when the winding up petition was announced. 

 

Tell your lad, that karma is horrible! Wakefield are on there high that we were on around 2011 - it won't last. Good luck to them.

[OLD FEV LAD]

 

ROVERS 2026 LTD

https://find-and-update.company-information.service.gov.uk/company/16863087/officers

Edited November 17 by OLD FEV LAD

[Maureen T-k]

13 minutes ago, OLD FEV LAD said:

 

ROVERS 2026 LTD

https://find-and-update.company-information.service.gov.uk/company/16863087/officers

I’m heartbroken 

[Squidward]

Why?

[Maureen T-k]

1 minute ago, Squidward said:

Why?

Cos it’s the end of our famous old club has we know it! 

[Reddwarf]

What does the post mean I don’t understand corporate law . 

[Les Tonks Sidestep]

42 minutes ago, OLD FEV LAD said:

 

ROVERS 2026 LTD

https://find-and-update.company-information.service.gov.uk/company/16863087/officers

Interesting- Campbell and Hamilton listed as Persons with Significant Control but the Statement of Capital shows that there are only 2 shares: 1 owned by Campbell and 1 by Corran....

Wonder why Corran isn't listed as a pwsc? He should be and not Hamilton.

Edited November 17 by Les Tonks Sidestep

[jroyales]

How did Hamilton join your great club?

He did nothing for us at Oldham, went to Widnes who I believe got rid of him.

All the best because Rugby League wouldn't be the same without Featherstone Rovers.

[wasginger]

37 minutes ago, Maureen T-k said:

Cos it’s the end of our famous old club has we know it! 

The end of this club happened months ago Maureen. Sad as it is. You've only to look at the number of posts on all social media, regards Fev. At one time the club had one of the best social media posts and posters. Look on Facebook. If you say anything negative against the club, certain individuals were straight on your case. Not realising by ignoring the concerns of supporters, or even trying to put them down. They have done more harm than good. And the longer some supporters have to wait for any news from the club. The harder it is to reconnect with those same people.

[gazza77]

32 minutes ago, Les Tonks Sidestep said:

Interesting- Campbell and Hamilton listed as Persons with Significant Control but the Statement of Capital shows that there are only 2 shares: 1 owned by Campbell and 1 by Corran....

Wonder why Corran isn't listed as a pwsc? He should be and not Hamilton.

As I'm looking now, the two people with significant control are both Mark Campbell, two different addresses notes however. 

[gazza77]

1 hour ago, Reddwarf said:

What does the post mean I don’t understand corporate law . 

It means Mark Campbell has set up another business. 

[sentoffagain2]

  Question = Can any assets ie ground premises /clubhouse and land be transferred to the new company Featherstone Rovers 26 LTD without permission of A  shareholders of present club.

[Rovers fev]

Got a feeling the ground/land will be sold to council to recoup some funds 

be nice if RFL bought it for a million and sold it back to us in 5 years for pennies like they did with Bradford 

[Fevrover]

9 hours ago, Rovers fev said:

Got a feeling the ground/land will be sold to council to recoup some funds 

be nice if RFL bought it for a million and sold it back to us in 5 years for pennies like they did with Bradford 

NOT A CHANCE Fev aren't Bradford, they've been in bother more times then us and always come out the other end!!!

[Monkeymagic22]

Does anyone know, what the likely situation is with these ‘new companies’ and the existing company and shareholders?. 

[lingaro]

10 hours ago, Rovers fev said:

Got a feeling the ground/land will be sold to council to recoup some funds 

be nice if RFL bought it for a million and sold it back to us in 5 years for pennies like they did with Bradford 

Haven't they already done that for us.

[Max_Power]

Good luck to Mark & Chris - I hope they can save the club and give it a future. However, I very sadly agree with Maureen.

I'm not sure how you can repair the relationship between the club and it's supporters at this moment in time.

[sentoffagain2]

14 hours ago, Maureen T-k said:

Cos it’s the end of our famous old club has we know it! 

He can't take away the history of Featherstone Rovers.Cup giant killers who always had a shock result up their sleeve.And the players including your dad and uncle who played in the shirt giving so much pride and pleasure to the local community.

[Michael Bates]

How does this actually work then? Can a "failing" business just transfer away all of its assets to a new business and that be that? That doesn't sound right otherwise anyone in debt would just fold the company and start again. I'm thinking tangible assets like the stadium, can that just be given to the new company with no consequence?

[sentoffagain2]

10 minutes ago, Michael Bates said:

How does this actually work then? Can a "failing" business just transfer away all of its assets to a new business and that be that? That doesn't sound right otherwise anyone in debt would just fold the company and start again. I'm thinking tangible assets like the stadium, can that just be given to the new company with no consequence?

If the company Featherstone Rovers is put into administration or wound up non of the clubs assets will be released until all debts are settled.As you say transferring assets to a new company to dodge responsibility will not work.

[Monkeymagic22]

And I’m guessing that, there would be no way that these new companies can pay less than market value for the assets of the club?. 

[Wakefield Ram]

40 minutes ago, Monkeymagic22 said:

And I’m guessing that, there would be no way that these new companies can pay less than market value for the assets of the club?. 

You guess right. It'd be up to the administrator and other secured creditors to decide on any offers. 

Edited November 18 by Wakefield Ram

[Monkeymagic22]

20 minutes ago, Wakefield Ram said:

You guess right. It'd be up to the administrator and other secured creditors to decide on any offers. 

The club isn’t currently in administration as yet. Maybe Hamilton is trying to negotiate pay offs to creditors?. No one really knows.

[Les Tonks Sidestep]

1 hour ago, Monkeymagic22 said:

And I’m guessing that, there would be no way that these new companies can pay less than market value for the assets of the club?. 

They absolutely can and often do.

1 hour ago, sentoffagain2 said:

If the company Featherstone Rovers is put into administration or wound up non of the clubs assets will be released until all debts are settled.As you say transferring assets to a new company to dodge responsibility will not work.

The Administrator will firstly try to sell the company as a going concern but if this isn't possible they will put together a plan to raise as much as possible, usually by selling assets to "pay off" the debts (often that ends up being pennies in the pound). Creditors have to agree with any plan which may be as simple as transferring everything to new owners if their plan going forward regarding debts is acceptable.

[Monkeymagic22]

13 minutes ago, Les Tonks Sidestep said:

They absolutely can and often do.

The Administrator will firstly try to sell the company as a going concern but if this isn't possible they will put together a plan to raise as much as possible, usually by selling assets to "pay off" the debts (often that ends up being pennies in the pound). Creditors have to agree with any plan which may be as simple as transferring everything to new owners if their plan going forward regarding debts is acceptable.

So basically one scenario is, the existing BOD, buy the club, and offer to pay a certain amount of the debt. This is then a new company, which is owned entirely by them. The only other option being, that someone else offers a better deal?.