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cup run

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DocTower
December 17, 2014, 11:34am
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Just had a look to see how many league teams had entered admin , I counted 35 some of them twice .
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fleabag1970
December 17, 2014, 11:45am
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Quoted from Biccys


Yeah it was, many times.

Our major shareholder said that the debts we had were to him and the taxman. We would still have to pay the entire tax bill and for him to enter administration would mean that the debt to him would be taken from asset stripping the club, which he wasn't prepared to do. Going into administration would have saved us nothing in real terms, merely lost the clubs assets and him a significant percentage of his investment, which he has stated many times is the much maligned "benign debt" (I think this is correct from my recollection of the statements he has made over the years. Correct me if there are other things I have misinterpreted or are plain wrong...)


I get all that but did the Club benifit in the long run ??  


]Remember its just my opinion  ..... It might not be true ............
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nightrider
December 17, 2014, 2:45pm
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The way Leicester City went about it always annoys me. Think they owed the best part of 100m. Gary Lineker and co steps in and its all wiped.

Hey ho its xmas and they'll be getting relegated in May anyhow


Christ you all wanted him sacked a few months ago. 6th place finish and he's now the messiah and can do no wrong  
Update:  I think I've got this right - He was the messiah. He then wasn't. He then was again. Then it turned out he actually wasnt. He turned into one big huge messiah again. Now he's not actually the messiah we thought he was . Now I'm hoping he rises again quickly
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Les Brechin
December 17, 2014, 3:08pm

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Quoted from DocTower
Just had a look to see how many league teams had entered admin , I counted 35 some of them twice .


There's a lot more than that.  I produced a list of clubs in the top 5 Divisions at the time who have gone into administration over the years. Very, very surprising the number who have (some 2 or even 3 times).

Charlton Athletic February 1984
Middlesbrough 21 May 1986
Tranmere Rovers 1987
Newport County 1989
Walsall 1990
Northampton Town 1992
Kettering Town 1992
Aldershot 1992
Maidstone 1992
Hartlepool United 1994
Barnet 1994
Exeter City 1994
Gillingham 1995
Doncaster Rovers 1997
Millwall 21 January 1997
Bournemouth 1997
Crystal Palace 1998
Chester City October 1998
Portsmouth 1998
Hull City 7 February 2001
Queens Park Rangers 2 April 2001
Halifax Town 9 April 2002
Bradford City 16 May 2002
Notts County June 2002
Barnsley 3 October 2002
Leicester City 21 October 2002
Port Vale 16 December 2002
York City 18 December 2002
Derby County 20 October 2003
Ipswich Town 10 February 2003
Wimbledon 5 June 2003
Darlington 23 December 2003
Bradford City 27 February 2004
Wrexham 3 December 2004
Cambridge United 29 April 2005
Rotherham United 13 May 2006
Crawley Town 5 June 2006
Boston United 25 April 2007
Leeds United 4 May 2007
Luton Town 22 November 2007
Bournemouth 8 February 2008
Rotherham United 18 March 2008
Halifax Town 26 March 2008
Darlington 25 February 2009
Southampton 2 April 2009
Stockport County 30 April 2009
Chester City 17 May 2009
Northwich Victoria 15 May 2009
Farsley Celtic 30 June 2009
Salisbury City 3 September 2009
Weymouth 28 October 2009
Crystal Palace 26 January 2010
Portsmouth 26 February 2010
Plymouth Argyle 4 March 2011
Rushden and Diamonds 7 July 2011
Darlington 3 January 2012
Portsmouth 17 February 2012
Port Vale 9 March 2012
Coventry City 21 March 2013
Aldershot Town 2 May 2013


[img]https://news.images.itv.com/image/file/402260/image_update_img.jpg[/img]
OFFICIAL FUNDRAISER FOR THE BRAIN TUMOUR CHARITY
TOTAL AMOUNT RAISED SINCE AUGUST 2008 £16613.24

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DocTower
December 17, 2014, 3:52pm
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That shows how other clubs treat businesses and individuals , using the system to get out of the poo . Majority haven't done too badly have they .
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GrimRob
December 17, 2014, 5:01pm

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Quoted from DocTower
That shows how other clubs treat businesses and individuals , using the system to get out of the poo . Majority haven't done too badly have they .


On the other hand at least half a dozen have ceased to exist for at least a period in any form, and several others have had to start from scratch in the depths of non-league. Administration is Russian Roulette, there's no guarantee you'll come out of it better off.


'Tis better to have loved and lost than never to have loved at all.  
~ Alfred Lord Tennyson
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DocTower
December 17, 2014, 5:19pm
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Quoted from GrimRob


On the other hand at least half a dozen have ceased to exist for at least a period in any form, and several others have had to start from scratch in the depths of non-league. Administration is Russian Roulette, there's no guarantee you'll come out of it better off.


Still doesn't detract from the matter that  they have used the system to gain some sort of financial advantage . The likes of Farsley Weymouth Maidstone Salisbury aren't what you would call footballing hotbeds , living within your means and playing by the rules doesn't appear to be in the majority of these teams vocabulary .
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Les Brechin
December 17, 2014, 5:27pm

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Quoted from GrimRob


On the other hand at least half a dozen have ceased to exist for at least a period in any form, and several others have had to start from scratch in the depths of non-league. Administration is Russian Roulette, there's no guarantee you'll come out of it better off.


I reckon there are 10 clubs on that list that either no longer exist or have spawned a phoenix club.

Newport, Aldershot, Maidstone, Chester, Halifax, Wimbledon, Darlington, Farsley, Salisbury and R&D.

At the end of the day though it's pretty pointless debating what would have happened had we gone into admin as we'll never know now. We could well have become another Southampton, Leicester or even Bournemouth but then again we could also just as easily have become another Chester, Maidstone or Rushden & Diamonds.


[img]https://news.images.itv.com/image/file/402260/image_update_img.jpg[/img]
OFFICIAL FUNDRAISER FOR THE BRAIN TUMOUR CHARITY
TOTAL AMOUNT RAISED SINCE AUGUST 2008 £16613.24

LATEST DONATION - FROM DONATION FROM THE FISHY FORUM - AUG 2023 AMOUNT RAISED £170.00
        
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rancido
December 17, 2014, 7:50pm

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Quoted from Les Brechin


I reckon there are 10 clubs on that list that either no longer exist or have spawned a phoenix club.

Newport, Aldershot, Maidstone, Chester, Halifax, Wimbledon, Darlington, Farsley, Salisbury and R&D.

At the end of the day though it's pretty pointless debating what would have happened had we gone into admin as we'll never know now. We could well have become another Southampton, Leicester or even Bournemouth but then again we could also just as easily have become another Chester, Maidstone or Rushden & Diamonds.




A well balanced view on the whole administration scenario , Les. It's the great unknown and it's easier to quote teams that have done ok out of it and ignore those that have suffered.


The Future is Black & White.
"The commonest thing on this planet is not water , as some people believe, but stupidity ". Frank Zappa
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OneLove
December 17, 2014, 10:00pm
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one love is a bob marley song! fyi
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