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Adminstration is cheating

Tue Feb 23, 2010 5:57 pm

Thats Barry Hearn's view on it on talksport this morning. The link is here:

http://www.talksport.net/index.asp?id=1 ... =&t=#media

Talking about it now on Talksport.

Re: Adminstration is cheating

Tue Feb 23, 2010 6:01 pm

I might be out of my depth here but here goes........

Are there any business people here that have gone into liquidation in the past......then set up under another name a little later?

Re: Adminstration is cheating

Tue Feb 23, 2010 6:04 pm

I am not one but I know many who have, and then traded with the same people they owed money too!!!!!!!!!!!!!! :ayatollah:

Re: Adminstration is cheating

Tue Feb 23, 2010 6:21 pm

He said in the interview that teams that go into adminstration should be dropped down two divisions, and they are just has bad has drug cheats. :?

One other point he makes is that its an offence for directors to trade when the company is insolvent, meaning that they can't pay debts as they fall due. So is Peter Risdale committing a criminal offence to?

Re: Adminstration is cheating

Tue Feb 23, 2010 6:23 pm

ackers1927 wrote:He said in the interview that teams that go into adminstration should be dropped down two divisions, and they are just has bad has drug cheats. :?

One other point he makes is that its an offence for directors to trade when the company is insolvent, meaning that they can't pay debts as they fall due. So is Peter Risdale committing a criminal offence to?

didn't THE PRETEND SPECIAL ONE, Sousa, say something similar in the west wales village post recently?

Re: Adminstration is cheating

Tue Feb 23, 2010 6:25 pm

jamccfc wrote:
ackers1927 wrote:He said in the interview that teams that go into adminstration should be dropped down two divisions, and they are just has bad has drug cheats. :?

One other point he makes is that its an offence for directors to trade when the company is insolvent, meaning that they can't pay debts as they fall due. So is Peter Risdale committing a criminal offence to?

didn't THE PRETEND SPECIAL ONE, Sousa, say something similar in the west wales village post recently?


Dont know I dont read it but I have seen it on your coffee table :o

Re: Adminstration is cheating

Tue Feb 23, 2010 6:26 pm

carlccfc wrote:
jamccfc wrote:
ackers1927 wrote:He said in the interview that teams that go into adminstration should be dropped down two divisions, and they are just has bad has drug cheats. :?

One other point he makes is that its an offence for directors to trade when the company is insolvent, meaning that they can't pay debts as they fall due. So is Peter Risdale committing a criminal offence to?

didn't THE PRETEND SPECIAL ONE, Sousa, say something similar in the west wales village post recently?


Dont know I dont read it but I have seen it on your coffee table :o

oooooooooooooh hark at her, ask your mate Huw perhaps he knows. :x

Re: Adminstration is cheating

Tue Feb 23, 2010 7:25 pm

ianfens wrote:I might be out of my depth here but here goes........

Are there any business people here that have gone into liquidation in the past......then set up under another name a little later?



liquidation isn't the same as administration.

50,000 companies each yr go into administration, and continue 'trading' after that.

Re: Adminstration is cheating

Tue Feb 23, 2010 7:41 pm

A Quiet Monkfish wrote:
ianfens wrote:I might be out of my depth here but here goes........

Are there any business people here that have gone into liquidation in the past......then set up under another name a little later?



liquidation isn't the same as administration.

50,000 companies each yr go into administration, and continue 'trading' after that.



Yeah the point I was making was someone can go under owing all around them......and then set up again.

Is there a difference morally?