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Twitter rumour re administration

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MNH1972
April 8, 2021, 5:59pm
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And there’s me thinking John and Phil were true supporters of the club
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GollyGTFC
April 8, 2021, 6:04pm

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Quoted from Hagrid
Colchester release statement saying the club will never go into administration


But he’s admitted selling off assets to ensure his businesses have funds if required. And we know Col U’s budget was cut back to the bone this season.

I don’t think Col U will be funded to anywhere near the same level going forward.
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MarinerDevil
April 8, 2021, 6:08pm
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Quoted from Poojah
Personally, I think the former is most likely and we're unlikely to receive a lifeline.

I guess you're right.  Must learn to never get sucked in by a Twitter ITK again.
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forza ivano
April 8, 2021, 6:10pm

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could it be  Oldham (on 48 points ,before you ask!) , they've been in financial trouble for years haven't they?
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Theimperialcoroner
April 8, 2021, 6:20pm

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All the lasses in Meggies will be gutted they’ll not be seeing me starkers down the prom.


Batch, Crombie, Moore K, Wiggington, Cumming, Waters, Bonnyman, Ford, Emson, Drinkell, Whymark. Love you all, You are the reason I'm on here. You've had help from Todd, Handyside, Futcher P, Groves, Mendonca, Macca etc etc etc. Up The Mariners!!!!!!!!!
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Knut Anders Fosters Voles
April 8, 2021, 6:20pm
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Quoted from forza ivano
could it be  Oldham (on 48 points ,before you ask!) , they've been in financial trouble for years haven't they?


I might be making this up but when I was on the forum yesterday (?) I thought Mr Noche started a thread saying that several of Oldham’s sponsors had pulled their support.

The thread disappeared so I don’t know if Mr Noche had self-censored!
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Dan
April 8, 2021, 6:23pm

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Maybe it’s us. We’re going down anyway, Fenty loses all his money, Stockwood purchases the club for what it’s actually worth from the administrators. Everyone’s a winner.


Quoted from John Fenty, April 2013
I deconstructed the flag to the point where it was safe and couldn’t be considered a danger
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DB
April 8, 2021, 6:35pm
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Quoted from Knut Anders Fosters Voles


I might be making this up but when I was on the forum yesterday (?) I thought Mr Noche started a thread saying that several of Oldham’s sponsors had pulled their support.

The thread disappeared so I don’t know if Mr Noche had self-censored!


Some of the main sponsors have pulled out, as per Oldham news 31st March saying they don't want to be involved regarding a sensitive matter. One director also resigned.

https://www.oldham-chronicle.c.....with-oldham-athletic

The article also referred to a £60k per year sponsorship being curtailed, so in the plan of club finance, it's not massive, so the club going into admin. for £30 million maybe another one!


You can please some of the forumites some of the time but not all the forumites all of the time
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Northbank Mariner
April 8, 2021, 6:52pm
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Quoted from DB


Some of the main sponsors have pulled out, as per Oldham news 31st March saying they don't want to be involved regarding a sensitive matter. One director also resigned.

https://www.oldham-chronicle.c.....with-oldham-athletic

The article also referred to a £60k per year sponsorship being curtailed, so in the plan of club finance, it's not massive, so the club going into admin. for £30 million maybe another one!


Be interesting to see what Youngs do with their sponsorship of GTFC after this year's debacle with May....
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KingstonMariner
April 8, 2021, 7:59pm
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Quoted from Dan
Maybe it’s us. We’re going down anyway, Fenty loses all his money, Stockwood purchases the club for what it’s actually worth from the administrators. Everyone’s a winner.


Problem with that is, the points deduction will be deducted from next season if we’re going down anyway.


Through the door there came familiar laughter,
I saw your face and heard you call my name.
Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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