Mighty Bongsmon
Vital Squad Member
The admin said that all creditors would now be paid and we avoid any points deduction,that was only possible with the full amount paid
Technically the creditors are not being paid
They will receive a quarter of what they're owed by the club & I believe that was the minimum amount required to avoid the 15 point penalty & hence why that was the asking price to buy the club
Great for Latics as a club but still pretty kacky on those creditors, some of who will be local businesses & some such as the HMRC where them not getting what they're owed impacts on us all however minimally
That's none of our faults or anyone now connected with Latics but it boils my urine that Choi & Au Yeung just get to walk away from it all unscathed