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Bigdog |
November 22, 2020, 3:39pm |
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Whiskey Drinker
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Its ok giving a big list of clubs that have survived but the vast majority of these where when the rules where a lot more lenient to clubs that did go bust, At most they got point deductions at the time of declaring so most clubs waited to they where safe then went bust so they stayed in the same league, Being thrown out the FL to possibly Conference north at best is a prospect I would not wish on any club but especially not the one I love.
That's scaremongering Rob. Hasn't happened to Bolton or Wigan the most recent ones or anyone in history. Bury was a monster all of its own with very much unique and different problems. As I said, I don't advocate CVAs, administration etc but what I do hate is that in our recent history some people are far too quick to compare us to the scrapings at the bottom of the barrel trying to cling onto a falsely perceived measurement of success rather than aiming or comparing us to just that little bit higher. I'm in the aspirational camp but not that greedy.. Donny Rovers would do..
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HertsGTFC |
November 22, 2020, 4:59pm |
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Any club that went into administration now would find it hard to recover with no gate income to forecast against.
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| "Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style |
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OneLove |
November 22, 2020, 5:19pm |
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Table Wine Drinker
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lets face it we basically run the club anyway, look how much funds we have raised over the years when the clubs been in need, and again this season to find out we actually came out in profit from last season. Does anyone recall the head honcho asking fans to help pay the tax bill years ago? He's dragged the club from a championship club to non league, gone thru manager after manager. And fans are happy with this, not for me ta. You'll see more fans come back to watch town when he goes as well.
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140067 |
November 22, 2020, 5:19pm |
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Guest User |
Any club that went into administration now would find it hard to recover with no gate income to forecast against.
Well said, I couldn't agree more.
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A.l.f. |
November 22, 2020, 5:44pm |
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Table Wine Drinker
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Do some people not realise what going bankrupt means? Lots of local companies will not get paid, staff lose out and it creates a lot of bad feeling. Several key suppliers of products & Services would probably not want to deal with the new company and not continue to support the club with sponsorship and advertising. Be very careful if anyone is wishing that!
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Stadium |
November 22, 2020, 6:13pm |
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Champagne Drinker
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Do some people not realise what going bankrupt means? Lots of local companies will not get paid, staff lose out and it creates a lot of bad feeling. Several key suppliers of products & Services would probably not want to deal with the new company and not continue to support the club with sponsorship and advertising. Be very careful if anyone is wishing that!
That's silly,explaining what actually happens in the real world.
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| “There's nothing wrong with the car except that it's on fire.”- Murray Walker
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arryarryarry |
November 22, 2020, 7:16pm |
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Barley Wine Drinker
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Fenty isn't our chairman anymore Pipe Down
He hasn't been our chairman for some time. He is the major shareholder.
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Bigdog |
November 22, 2020, 7:38pm |
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Whiskey Drinker
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Do some people not realise what going bankrupt means? Lots of local companies will not get paid, staff lose out and it creates a lot of bad feeling. Several key suppliers of products & Services would probably not want to deal with the new company and not continue to support the club with sponsorship and advertising. Be very careful if anyone is wishing that!
That's silly,explaining what actually happens in the real world.
In the real world well over 95% of football club administration debt is owed in taxes, commercial lending, outstanding transfer fees owed, players' contracts and directors loans. A minute amount is owed to local companies who would be stupid to give credit terms to a company they know is in trouble anyway. And most would write off the best part of 30-60 day invoices to continue trading with a better funded more stable new entity. Not that I ever advocate administration anyway. Just hate urban myths being built up to be the gospel.truth...
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ginnywings |
November 22, 2020, 7:45pm |
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Recovering Alcoholic
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Bankruptcy? Well, we've tried everything e!se.
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Gaffer58 |
November 22, 2020, 7:46pm |
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Brandy Drinker
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Mr Fenty makes me think of Mr Putin in Russia, he decides which position he wants to occupy but is always completely in charge and decides everything even if someone else has a better sounding job title.
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