administration a possibilty?

is whitely being called to malaysia to say enough is enough?
debts being brought to light on a daily basis, the silence is deafening.
embargoes, sam,wages late, no statement from tg?
something surely must give soon, im afraid it could be administration? and would it be a bad thing?

It would be a catastrophe Fred - we would end up in league one with nothing but the youth team to get us back.

I doubt TG and co invested 6m+ to put us into admin a few months later.

The club said in its statement
"As stated previously, we remain committed to our overall aim of getting the club back on a solid business and financial footing from which the team can grow, but obviously there are going to be challenges ahead"

Im not sure why people are surprised it was always going to be like this and the club have said as much.

No chance. To much money at risk. This is why PMG won't put anymore in, do they invest more with risk of not getting it back or sit tight and hope someone buys the club.
If we went into admic creditors would get mayby 10 or 20p in the £. So we won't be going into admin.

No mate the Whitley visit has been planned for weeks.

Nah, PMG wouldn't get their money. I think PMG like us being on the brink...as they can by cheap assets off us. The board have got way too much personal money in the club to let it go into admin. They wouldn't get it back or make a profit if they let us go into admin.

Really do think the whole board needs to look at itself with regards to finances. It appears as though they just smiled and waved while P Riddy was bleeding us.

Nah, PMG wouldn't get their money. I think PMG like us being on the brink...as they can by cheap assets off us. The board have got way too much personal money in the club to let it go into admin. They wouldn't get it back or make a profit if they let us go into admin.

Really do think the whole board needs to look at itself with regards to finances. It appears as though they just smiled and waved while P Riddy was bleeding us.

The board made grave mistakes allowing the Riddler the reign he did as he raped and pilaged. They were warned too but took no notice and backed him.

Nah, PMG wouldn't get their money. I think PMG like us being on the brink...as they can by cheap assets off us. The board have got way too much personal money in the club to let it go into admin. They wouldn't get it back or make a profit if they let us go into admin.

Really do think the whole board needs to look at itself with regards to finances. It appears as though they just smiled and waved while P Riddy was bleeding us.

The board made grave mistakes allowing the Riddler the reign he did as he raped and pilaged. They were warned too but took no notice and backed him.

Thing is though Steve, what's done is done. The ship has a hole, it's listed and on it's side. Not sunk just yet but on it's side and still taking on water. It's all well and good knowing how to stop the water, and making alternate plans to stop the water. In the mean time though we are still taking on water. Action is required now!