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Macclesfield wound-up

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rancido
September 24, 2020, 12:47pm

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Quoted from pen penfras
If their debts were £500k and the ground is sold for £750k, where does the extra money go?


I would assume to the club, who obviously haven't got a ground. I seem to recall that before Rotherham moved to their new stadium they didn't own their own ground. They rented Millmoor from a previous owner/chairman and then when he wouldn't let them play there any more they rented The Don Valley Stadium for a while.


The Future is Black & White.
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norfuk mariner
September 24, 2020, 12:57pm
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There will not be any money left over. Even if the ground sells for £750K which is doubtful, the receivers, sales agents,  solicitors etc. are like carrion and it is likely they will take any surplus proceeds and more and creditors will be left with some shortfall.
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Swansea_Mariner
September 24, 2020, 1:03pm
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Sad that, to see the ground up for sale is a bit sobering.

Are they setting up a Phoenix club?
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Posh Harry
September 24, 2020, 2:52pm
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Quoted from pen penfras
If their debts were £500k and the ground is sold for £750k, where does the extra money go?


If there is any money left after all the costs etc then it would go to the people/person who own the ground.
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friskneymariner
September 24, 2020, 4:20pm

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Only leasehold so nobody in their right mind would buy it.


Give a man a fish and you feed him for a day,teach a man to fish and you give him an excuse for him to escape from the wife and kids for the weekend and drink lots of beer.
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KingstonMariner
September 24, 2020, 4:31pm
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Quoted from arryarryarry


The UK debt could be reduced by much lower spending and higher taxes.

Who will service the clubs debt if JF at some point demands his money back.


We don’t need to do either. The national debt is affordable. It’s only economic ignoramuses who say otherwise.

Raising taxes and/or reducing spending will just reduce the size of the economy and make the debt harder to service. Introducing deflationary measures is the exact opposite of what we need to do right now.

As for who services Fenty’s debt, Heisenberg gave a good answer. In normal times (ie previous few seasons) the fans do.


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Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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Perkins
September 29, 2020, 6:06pm
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Now expelled from the National League












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Ipswin
September 29, 2020, 6:40pm
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Quoted from Perkins
Now expelled from the National League


And they were joint top too, if the National League is one short they can still have Stevenage if they want



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Lincs Iron man
September 30, 2020, 2:17pm
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Can see Grimsby following suit very soon by the looks of things

I really don't want to lose you but can't see how it'll improve for you
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ginnywings
September 30, 2020, 2:43pm

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Quoted from Lincs Iron man
Can see Grimsby following suit very soon by the looks of things

I really don't want to lose you but can't see how it'll improve for you


Nice try, but a sh1t wind up.
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