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Twitter rumour re administration

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LondonMariner43
April 8, 2021, 12:55pm
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Knowing Town we will still finish 23rd and go down
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promotion plaice
April 8, 2021, 12:57pm

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BobbyCummingsTackle
April 8, 2021, 1:02pm
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Quoted from promotion plaice

Word is getting around:

http://d3d4football.com/southe.....hit-league-two-club/


Interesting that they take the angle that the debt is due to Covid. My understanding is that Colchester's debt (if it is Colchester) was already significant before the pandemic.

Sadly, just because a rumour is gaining traction it doesn't mean it's going to turn out to be true.


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GrimRob
April 8, 2021, 1:07pm

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Problem is we need two clubs to suffer this fate!


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promotion plaice
April 8, 2021, 1:08pm

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Quoted from GrimRob
Problem is we need two clubs to suffer this fate!

Not if we finish above Southend.


When Leeds trainer Les Cocker was once told Norman Hunter had broken a leg, he asked: “Whose is it?”
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Poojah
April 8, 2021, 1:08pm
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Quoted from BobbyCummingsTackle


Interesting that they take the angle that the debt is due to Covid. My understanding is that Colchester's debt (if it is Colchester) was already significant before the pandemic.

Sadly, just because a rumour is gaining traction it doesn't mean it's going to turn out to be true.


Indeed, this is in effect a regurgitation of what's already been spouted on Twitter. For me, the validity of a rumour isn't determined by how loud it is, but rather the sources from which it originates.

The 'ex-agent' Twitter handle posted earlier does tend to be one of the more reliable sources as far as social media goes, however equally it's not like this is coming from the BBC or a local media source. It's probably around a 4 or a 5 out of 10 on the trust scale.

All that said, whether it's bóllocks or not, if there's sufficient noise the question is surely going to be asked by local journalists in fairly short order. I suspect it will become much clearer over the next 24 hours as to whether there's anything in this or not.


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pen penfras
April 8, 2021, 1:08pm

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Quoted from BobbyCummingsTackle


Interesting that they take the angle that the debt is due to Covid. My understanding is that Colchester's debt (if it is Colchester) was already significant before the pandemic.

Sadly, just because a rumour is gaining traction it doesn't mean it's going to turn out to be true.


It's nothing to do with covid, 2 seasons ago they lost something like £6 million. They've been mismanaged for quite a while now and had no success.

If they go into administration, it's surely too late to be resolved before next season and would mean they drop 3 divisions.
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GrimRob
April 8, 2021, 1:10pm

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Quoted from promotion plaice

Not if we finish above Southend.



I know, just pessimism I don't want to get my hopes up, Colchester could well overtake us as well. Fingers crossed though.


'Tis better to have loved and lost than never to have loved at all.  
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DB
April 8, 2021, 1:50pm
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Quoted from mimma
[/b]

It happened because they didn'thave Fenty in charge LOL

Apart from Fenty's " benign" loans we don'thave any other debt. We have apparently even cleared our over draught.


We don't have any decent players
We don't have any decent training facilities
We don't have a new ground
We don't have any future with him
We don't have any hope with him

What we do have is passionate fans and supporters


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KingstonMariner
April 8, 2021, 1:54pm
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If it is true, I expect another round of ‘look where we’d be if it wasn’t gor Fenty’. Trouble is with that argument, the place I’d be looking is Accrington not Colchester.


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