ADMINISTRATORS UPDATE:
- Thread starter ZAKKY
- Start date
You are diagnosing the issue correctly but I think putting the cause of it as Admins fault rather than the local press is the wrong way round. Admin are clearly happy to talk and if only Harry and Jay are engaging them then Admin will just tell them rather than chasing the local press to do their job. At other clubs admin probably spoke to the local press rather than young journalism students but at other clubs they probably had a more active and engaged local press so there was no need.
The local press has always been poor - admin hasn't changed that just highlighted how bad it it. If local press was up to scratch Harry and Jay wouldn't get the opportunity they have - just servicing the gap in the market.
The local press has always been poor - admin hasn't changed that just highlighted how bad it it. If local press was up to scratch Harry and Jay wouldn't get the opportunity they have - just servicing the gap in the market.
Hindsight is a truly wonderful thing, glad to see you've joined that elite club John - The Hindsight Brigade.
Wonder what you'd be saying if they had be successful in the appeal. IMHO the appeal had to be done otherwise they'd have been slated for not exploring all possibilities or chances to get the points overturned.
Wonder what you'd be saying if they had be successful in the appeal. IMHO the appeal had to be done otherwise they'd have been slated for not exploring all possibilities or chances to get the points overturned.
Looks very much like the admins are trying to sell off as many of the assets as possible to bring the running costs and sale price down.
This looks to me as though the club will be sold for a peppercorn sum with the new owners using the £10 million assets they have proven to have to keep the club going until the gates open and we can get some income into the club.
A £1 deal is looking more and more likely and if that is proven to be the outcome then Au Yeung/Choi would get sod all.
To achieve that sort of deal I think they would need to clear the football creditors and come to an arrangement with the non football creditors which if the disputed loan figure is taken out means we need to raise approx 7.5 million to avoid another 15 point penalty.
Given we are selling players like it is going out of fashion we might just raise that sort of figure.
This looks to me as though the club will be sold for a peppercorn sum with the new owners using the £10 million assets they have proven to have to keep the club going until the gates open and we can get some income into the club.
A £1 deal is looking more and more likely and if that is proven to be the outcome then Au Yeung/Choi would get sod all.
To achieve that sort of deal I think they would need to clear the football creditors and come to an arrangement with the non football creditors which if the disputed loan figure is taken out means we need to raise approx 7.5 million to avoid another 15 point penalty.
Given we are selling players like it is going out of fashion we might just raise that sort of figure.
I think you are reading too much into the stand off Hampton. The buyers will not commit themselves until they think the rock bottom price has been reached, that's the way it works. Regardless of which division we were in they would still be waiting for the admins to blink and the lowest price to be negotiated.
On the other hand the admins are now upping the ante by setting a final date and putting the pressure back on the prospective buyers to come forward with solid proposals.
It's a game of chicken with the future of the club at stake. Unpalatable as that may seem, that's the reality of purchasing a business.
On the other hand the admins are now upping the ante by setting a final date and putting the pressure back on the prospective buyers to come forward with solid proposals.
It's a game of chicken with the future of the club at stake. Unpalatable as that may seem, that's the reality of purchasing a business.
