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croft-
No, he said they’d get their Sept-Nov wages from the bank guarantee, which is his money that he’s paid the UCI as part of his contractual obligations. For reasons which are unclear, there has been a delay in that money being paid out by the UCI. We don’t know if that is due to the UCI or Aqua Blue/Delaney, but the money is there to pay them.
It’s quite common that when a team closes they request the UCI to pay the last three months wages from the guarantee.
andyp
Every team has to lodge a guarantee, which covers three months wages, with the UCI. As I understand it, Delaney has told the UCI to use this to pay wages for September, October and November but there has been a delay as someone, and it’s not clear who, hasn’t actioned it correctly.
Who knows what happens with the December wages, presumably Delaney will pay them out of his own pocket.