Wakefield Wildcats take-over bid

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A TAKE-OVER bid for Wakefield Trinity Wildcats has been made after the club’s request to go into administration.

Spirit Of 1873 Limited has made an offer to buy the Super League Club after it revealed it has been unable to raise the funds necessary to pay off a tax bill owed to HMRC.

The company said it would secure the future of the club and the community trust, allowing the Wildcats to compete in the 2011 Super League season.

Spirit of 1873 is a private investment company backed by Wakefield entrepreneur Andrew Glover. He also owns West Yorkshire Windows Limited which is sponsoring the club’s shirts this season

Mr Glover has been given provisional approval by the Rugby Football League under the ‘fit and proper person’ test.

On the company’s website Mr Glover said: “The Wildcats belong in the Super League and I will be actively involved in seeing that the club stays there by ensuring that it is run on a proper commercial basis.

“Our plan is a long-term one which would see the club operate in a more financially sustainable and transparent way.

“The current directors have confirmed to us during our discussions that, if our bid is successful, they will all be resigning and will not look to be involved in the management of the club going forward.”

Wildcats had been due in the High Court tomorrow after being issued with a winding-up order by HMRC over the unpaid bill.

But they’re now set to appoint Peter O’Hara as administrator to avoid being wound-up.

The news means Wildcats are also set to be docked points for breaching the RFL’s insolvency regulations.