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Pie Eaters go into Administration

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Thing is it gives them more hope and also as mentioned it’s a crock of shit anyway. But it gives them hope which is fun 😁

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16 minutes ago, DomRepWanderer said:

What a crock of made up bullshit, Peterborough £3.4m, Toney must be worth more than that alone, and that's just an example.

Goes off the values on Transfermarkt which I guess they don't update very often. Ivan Toney is worth 360 thousand. Josh Vela (1.1m) and Gary Madine(1.8)  are some of the most expensive league 1 players. 

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1 hour ago, Escobarp said:

Thing is it gives them more hope and also as mentioned it’s a crock of shit anyway. But it gives them hope which is fun 😁

The longer it goes on  with no bids the more likely the Rugby club and the council step in to secure the Stadium 

Stadium is the only thing worth salvaging  

Accounts for the stadium which is in a separate company shows it is 15% owned by the Council already and has no charges against it  

https://beta.companieshouse.gov.uk/company/03477413/more

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6 minutes ago, Benny The Ball said:

The longer it goes on  with no bids the more likely the Rugby club and the council step in to secure the Stadium 

Stadium is the only thing worth salvaging  

Accounts for the stadium which is in a separate company shows it is 15% owned by the Council already and has no charges against it  

https://beta.companieshouse.gov.uk/company/03477413/more

Does it being a seperate company mean it can't be sold by the administrators to clear the debts?

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1 minute ago, tkonion said:

Does it being a seperate company mean it can't be sold by the administrators to clear the debts?

Administrator can dispose of it as it has no charges registered against it such as a mortgage 

Its losing money when its hosting football and rugby , and will be costing money to maintain 

Being in a separate company is of little consequence at this point in time - its in administration with the other group companies 

 

 

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