I dont think we are far from Administration

lots and lots of unpaid bills, HMRC, how long do you think we can carry on like this, IMO i think we are weeks away fro going under. I for one am really concerned, would it be a bad ting to go into admin and clear out all the bad rotten wood that us fans are trusting to run our beloved club.
If we went in to admin this year we can still survive the championship and start a fresh season debt free.


I for one will be giving my vocal support to have ridsdale removed from our club on tuesday, a lot of our supporters to not realise how far up shit creek we really are, ccfc are on the verge, come on guys wake up and smell the coffee

agree with you, i think we are getting closer and closer

BUT going into admin would be terrile, lose all our best assets etc
we will probably end up like leeds

i now thinh we have to face it is inevitable, we will go into admin, investors will then pick us up for a song

i now thinh we have to face it is inevitable, we will go into admin, investors will then pick us up for a song

Maybe the Malaysians, is it that bad of an idea. ?

i dont think its a bad idea, the only thing that will hurt is losing points and being well below our western cousins, that will f*cking hurt

i now thinh we have to face it is inevitable, we will go into admin, investors will then pick us up for a song

Maybe the Malaysians, is it that bad of an idea. ?

What would be left though.

I remember Keith S62 posting about the implications of administration and if it were to happen it would leave one hell of a mess.

It may cost them as much to make up as the extra they'd have to pay for the shares.

A lot would depend on PMG as the biggest creditor. They could force the sale of all of the players - on the cheap, in order to get their £9m back. Don't forget they have a legal charge against any transfer income. Also, what about langston, they could make things very difficult. There could be implications form the council over the stadium, and the END of any money form the rugby, with the council taking control and putting us and the rubgy on an equal footing (I must admit I dont know enough about the details, but to me its a distinct possibility)

So the Malaysians will be getting the club fairly free of debt, although they may have to make agreements with a few in order to sweeten them up, BUT they will also lose most of their assets, and some of their income streams.

Its far from clear cut, and IMHO something that should be avoided if at all possible.

judging from Borley's comments he sees it that way too.