Yet another JF/MP thread

If we acquire a ten point deduction for going into administration and survive in the division, we would need to come out of administration by the start of next season or we would probably be relegated at least two divisions. The Conference don't mess about.

The only saleable assett is the ground, and that is held as security by the bank!

Quoted from malkamalka

The only saleable assett is the ground, and that is held as security by the bank!

Well if we had saleable assets we wouldn't be entering a CVA if that's what it came to.  If both JF and MP continue with their current stance I really can't see any alternative to be honest.

Quoted from 75

If we acquire a ten point deduction for going into administration and survive in the division, we would need to come out of administration by the start of next season or we would probably be relegated at least two divisions. The Conference don't mess about.

If only the Football League were like that...

Quoted from tarka

Well if we had saleable assets we wouldn't be entering a CVA if that's what it came to.  If both JF and MP continue with their current stance I really can't see any alternative to be honest.

We have got a saleable asset - Liam Hearn for starters !

Why wouldn't be entering a CVA ? Have you been speaking to JF again ?
http://en.wikipedia.org/wiki/Trading_while_insolvent_%28UK%29#Company_Voluntary_Arrangement

Surely it's better to buy time and try to save the club to e.g. look for a buyer and raise funds than to sell the ground ?
Would that then mean we go out of existence or would we be groundsharing at somewhere like Sincil Bank ?
If Fenty loves the club as he claims then he should be trying to save it under ALL circumstances - even if it means dipping into his own pocket or slashing the youth team setup !

You're giving me this awful impression JF would be happy to wrap it all up tommorow if he could...  
Or is it all about this new stadium idea ?

Quoted from 1600

We have got a saleable asset - Liam Hearn for starters !

Why wouldn't be entering a CVA ? Have you been speaking to JF again ?
http://en.wikipedia.org/wiki/Trading_while_insolvent_%28UK%29#Company_Voluntary_Arrangement

Surely it's better to buy time and try to save the club to e.g. look for a buyer and raise funds than to sell the ground ?
Would that then mean we go out of existence or would we be groundsharing at somewhere like Sincil Bank ?
If Fenty loves the club as he claims then he should be trying to save it under ALL circumstances - even if it means dipping into his own pocket or slashing the youth team setup !

You're giving me this awful impression JF would be happy to wrap it all up tommorow if he could...  
Or is it all about this new stadium idea ?

You read so much into things that aren't there!  The point I was making was that the whole point of a voluntary arrangement is that there are no saleable assets otherwise the administrator would sell them!  Where did I say we should sell the ground? Where did I say this came from John Fenty?  

Quoted from tarka

You read so much into things that aren't there!  The point I was making was that the whole point of a voluntary arrangement is that there are no saleable assets otherwise the administrator would sell them!  Where did I say we should sell the ground? Where did I say this came from John Fenty?  

and you talk to the radio/press like youre giving a general opinion for everybody..wrong

Quoted from sands

and you talk to the radio/press like youre giving a general opinion for everybody..wrong

Nonsense, Tarka came across very well on RH.

I thought in this league if you go into admin you get relegated 2 leagues ?

tarka you said:

Quoted from tarka

Well if we had saleable assets we wouldn't be entering a CVA if that's what it came to.  If both JF and MP continue with their current stance I really can't see any alternative to be honest.

Any alternative to what ?