if we go into administration....
Sun Mar 07, 2010 8:53 pm
....what happens to next years season tickets? do we lose them and our money ? 
Re: if we go into administration....
Sun Mar 07, 2010 8:57 pm
Bluemovie wrote:....what happens to next years season tickets? do we lose them and our money ?
You can always offer to buy another one to help the Club out.
Re: if we go into administration....
Sun Mar 07, 2010 9:04 pm
Bluemovie wrote:....what happens to next years season tickets? do we lose them and our money ?
Well techically we would all become creditors. I assume the administrator would prefer to just honour the season ticket rather than pay us back at 20p in the £ (for example) which would cost £520,000
Re: if we go into administration....
Sun Mar 07, 2010 9:07 pm
Tony Blue Williams wrote:Bluemovie wrote:....what happens to next years season tickets? do we lose them and our money ?
Well techically we would all become creditors. I assume the administrator would prefer to just honour the season ticket rather than pay us back at 20p in the £ (for example) which would cost £520,000
but if they paid out the £520K for example Tony we would then be asked to buy another season ticket and I bet a lot of us would
Re: if we go into administration....
Sun Mar 07, 2010 9:14 pm
carlccfc wrote:Tony Blue Williams wrote:Bluemovie wrote:....what happens to next years season tickets? do we lose them and our money ?
Well techically we would all become creditors. I assume the administrator would prefer to just honour the season ticket rather than pay us back at 20p in the £ (for example) which would cost £520,000
but if they paid out the £520K for example Tony we would then be asked to buy another season ticket and I bet a lot of us would
True I would be angry but would buy one eventually.
However, I believe the administrator has to work within strict guidelines and I'm not sure he could gamble like that. At the end of the day if he saves £520,000 that can go towards paying other creditors he will.
The fact the new owners are stuck with 10,000 season ticket holders who they have received no income from is not the administrators problem.