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Wanderers Ways - passion not fashion

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Cock.   I'm comparing two football clubs in the same position as each other.  Two clubs that need to adhere to the same rules set by the football authorities and two clubs that need to pay their bil

It's strange you slate Lennon so powerfully who's doing a job with little moral support or financial backing yet choose to defend the job done by Gartside which has brought us where we are today.

Cracking turnout from the team tonight... Spearing, Clough, Davies, Wheater, Dervite, Vela, Amos, Prince, Pisano, Moxey, Derik, Walker, Brattan, Casado, Pratley, Rachuba, Danns, Feeney, Madine, Wilson

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Come on spider post some tittle tattle, could do with something to cling onto.

It was actually from a very unexpected source

 

Friend of mine works for a big finance payment processing outfit, not a football fan at all. He just told me they'd been asked to freeze a lot of transactions yesterday associated with the club.

 

He suggested this usually, for other businesses, is a sign of very impending doom.

 

I must point out here, that this is 100% rumour and utterly made up in case the mods don't like it....

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My mate who was made redundant by the club so could be classed as a disgruntled ex said to me this morning that were admin bound. Birch has asked them to produce 10m and no one has. Admin and we'll get hopefully a decent buyer rather that than that scrote Collins anywhere near this great club.

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It was actually from a very unexpected source

 

Friend of mine works for a big finance payment processing outfit, not a football fan at all. He just told me they'd been asked to freeze a lot of transactions yesterday associated with the club.

 

He suggested this usually, for other businesses, is a sign of very impending doom.

 

I must point out here, that this is 100% rumour and utterly made up in case the mods don't like it....

Probably had credit line reduced to nil. I'll check with our credit check company see what that shows.

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Probably had credit line reduced to nil. I'll check with our credit check company see what that shows.

They're not a creditor, they're the company that facilitate payments in the background.

 

Result is the same, like

 

My ill-informed guess would be admin.

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out of interest, how would you see administration playing out?

 

lets not forget, we then lose all control over who buys it

 

if we're already looking at holdsworths mob being the most likely, i dread to think of what sort of folk will be mauling us

Edited by Casino
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out of interest, how would you see administration playing out?

 

lets not forget, we then lose all control over who buys it

 

if we're already looking at holdsworths mob being the most likely, i dread to think of what sort of folk will be mauling us

We are left open to any scrote then who wants to do a deal with the receivers -  I think people who think going into admin may be in for a shock - other clubs that have done it the existing board have regained control as a prepack - looks like none of our existing board members have an appetite for this so we are open to literally anyone

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out of interest, how would you see administration playing out?

 

lets not forget, we then lose all control over who buys it

 

if we're already looking at holdsworths mob being the most likely, i dread to think of what sort of folk will be mauling us

Potentially we become more attractive to a safe and steady pair of hands without the burden of debt and monthly losses to cover immediately.

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potentially we do, aye

 

just as potentially is the scenario above

 

 

 

i think part of ourv problem is that we are too big as it is

 

picking up a club with the running costs associated with a small club who rent their stadium and use a school to train is one thing

 

granted wages are way over what they need to be, but general running costs will still be significant

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out of interest, how would you see administration playing out?

 

lets not forget, we then lose all control over who buys it

 

if we're already looking at holdsworths mob being the most likely, i dread to think of what sort of folk will be mauling us

I don't honestly know enough to say for sure

 

As this is a forum that has a small number of people who like a wild guess though

 

I can only see us being put out to the highest bidder.

 

I can't see that ending well. We might get lucky, but I keep looking at Portsmouth FC and thinking that's what awaits.

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So for the sake of my ill informed admin knowledge, what happens to players contracts? Do they run on if a buyer is found after admin, or is the contract with previous owner?

 

Case here of Darlington:

http://www.telegraph.co.uk/sport/football/9018563/Darlington-forced-to-make-players-and-staff-redundant-after-clubs-enter-administration-for-the-third-time.html

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Bury fan in peace, looks a shocking state of affairs, obviously we've been there a couple of times( you lot got Cunningham and Patterson for peanuts ) I don't wanna see any club go under, so hopefully it gets sorted some way or another.

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out of interest, how would you see administration playing out?

 

lets not forget, we then lose all control over who buys it

 

if we're already looking at holdsworths mob being the most likely, i dread to think of what sort of folk will be mauling us

I'd think we woukd find parties interested who've no interest in football just interest in developing the land and would pay much more than anyone who's interested in continuing the football side. Therefore I feel we could be starting from scratch. Edited by Mounts Kipper
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Think they are allowed to leave and go wherever

 

However that's all right for the few that will get a game elsewhere

 

The ones who are looking at smaller deals elsewhere will tgen be added to the list or creditors who are owed the value of the rest of their contracts

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