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QRL calls for Titans financial inquiry
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[QUOTE="Flutterby, post: 2313380, member: 1853"] The QRL though elected not to pursue the money owing to them as legal advise was that it would cost so much it wasn't worth it. I seriously hope the Titans aren't as bad off as this appears - if another GC based team were to fail and have to shut up shop then that's it for the area IMO. From what I know most of the financial issues are because of the Centre of Excellence, which they can't even use as Simcorp won't hand over the keys until they are paid in full. So as it stands - they have paid out a substantial amount for an "asset" that is now actually a "liability" and they are also having to still pay hire fees etc for training venues (that they wouldn't have to be paying if they were able to use their own place). It was IMO fool-hardy to rush into building the Centre of Excellence straight up - they should have consilidated their position as an entity and financially prior to embarking on such a major investment. [/QUOTE]
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QRL calls for Titans financial inquiry
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