Just been reading about Southend. Not looking good for them.

Facing a winding-up petition, office staff not paid for four months and their fans saying that it looks unlikely that the National League will allow them to start the season.

Can’t sign any players or extend contracts, can’t train at the training ground, water turned off for unpaid bills, players on strike, and no pre season friendlies.

Their friendly tomorrow has been cancelled due to not being able to field a team or having a physio. Transfer embargo since September.

Not good.

Isn’t this their 17th or 18th winding up petition? Absolutely ridiculous! You never want a club to go out of business but there comes a point when it’s causing a negative impact on other businesses. Unpaid utility bills, caterers not paid, staff not paid, water cut off to the training ground, the list goes on. No other business would be allowed to run like this.

As you say, nobody wants a club or business to ever cease trading but for some reason, football clubs seem to be able to continue for eternity, regardless of the situation.

It’s shite for everyone but surely enough is enough. Nothing has changed since the last winding up order.

Sounds like the courts are quite sympathetic in this case as the club is being run into the ground by the current owner. The club is currently in the process of a sale which is being slowed down by the level of debt . Yet again it’s the fans who suffer

Quoted from louth_in_the_south

Sounds like the courts are quite sympathetic in this case as the club is being run into the ground by the current owner. The club is currently in the process of a sale which is being slowed down by the level of debt . Yet again it’s the fans who suffer

And all the businesses that are owed cash, not so much the utilities companies, as we know, they’re rolling in cash but definitely caterers etc…

Quoted from louth_in_the_south

Sounds like the courts are quite sympathetic in this case as the club is being run into the ground by the current owner. The club is currently in the process of a sale which is being slowed down by the level of debt . Yet again it’s the fans who suffer

They keep letting him off because he eventually pays the bills after the court order, but then racks up more debt. All in the hope that he’s sat on some goldmine with their potential new stadium. It’s the most bizarre, dangerous business plan ever.

Quoted from jimgtfc

. It’s the most bizarre, dangerous business plan ever.

Ermm....2nd most.......



Scunny at the top 😄

Quoted from moosey_club

Ermm....2nd most.......



Scunny at the top 😄

I think you have to extract 'plan' out of that sentence in terms of Mr David.