bwfc Administration?

[Traf]

if theyre sold it will depend on the terms of the deal

 

if they cant be sold, i dunno

 

good question

 

If they can't be sold, they will be offered new contracts by the NEWCO and their existing contracts will become an outstanding debt, of which they'll get pennies in the pound.

[Flannel Truscott]

So we reckon there is £20m of debt to clear before ED starts to recover anything. Exactly how much are we expecting to raise in this fire sale?

[Eavesy]

I thought he we had less than £10m debt but Davies wanted £20m payment for the club and assets?

[Sweep]

I thought he we had less than £10m debt but Davies wanted £20m payment for the club and assets?

 

I think the truth is that nobody has a clue how much "real" debt the club has - most of the numbers bandied around on here are nothing more than speculation and guess work

[Traf]

I think the truth is that nobody has a clue how much "real" debt the club has - most of the numbers bandied around on here are nothing more than speculation and guess work

 

And for me, this is a real issue.

There's a definite lack of information being given.

[Casino]

you need 35 million to get to the table

 

or you did a month back

 

and that kids, is a FACT

[Traf]

you need 35 million to get to the table

 

or you did a month back

 

and that kids, is a FACT

 

That was a month ago.

Yesterday's news is today's chip wrapper.

[Whites man]

Back in the early 80's several Bristol City players agreed to cancel their contracts rather than have the club go under.

[Traf]

It might be just rose-tinted nostalgia, but players seemed to give more of a fuck about their clubs back then.

[Sweep]

It might be just rose-tinted nostalgia, but players seemed to give more of a fuck about their clubs back then.

 

I don't think it's rose tinted. Years ago players did (in the main) care about the clubs who they played for, they were also closer to the fans and generally more approachable.....in those days their wages were still fantastic, but not a million miles away from "normal" people. Now they are almost unapproachable/untouchable, and don't give a fuck, especially as they know there will be another club(s) happy to pay them another huge wage.

[green genie]

If they can't be sold, they will be offered new contracts by the NEWCO and their existing contracts will become an outstanding debt, of which they'll get pennies in the pound.

 

As protected creditors they would be due all arrears. PAFC managed to defer this payment for five years when left administration and are now trying to negotiate "get half now monies owed or wait" deals 

[Traf]

As protected creditors they would be due all arrears. PAFC managed to defer this payment for five years when left administration and are now trying to negotiate "get half now monies owed or wait" deals 

 

Thanks for that, I wasn't aware.

[Sweep]

As protected creditors they would be due all arrears. PAFC managed to defer this payment for five years when left administration and are now trying to negotiate "get half now monies owed or wait" deals 

 

Doing well in the league at the minute, which I guess does show that you can rebuild once you've been royally fucked

[green genie]

We're still getting royally fucked. New owner has put us through austerity measures leaving us with playing budget in bottom third of 4th div , whilst (alledgedly) using PAFC cash to pay for design and planning for a failed redevelopment of grandstand and car park into Multiplex, leaving us as much in debt (to his parent company) as we were when left administration.

 

We have a very good manager who's raided Scottish market and brought in loans (Threkald stopping until April btw) to make silk purse out of cows ear.

[Arrested development]

We're still getting royally fucked. New owner has put us through austerity measures leaving us with playing budget in bottom third of 4th div , whilst (alledgedly) using PAFC cash to pay for design and planning for a failed redevelopment of grandstand and car park into Multiplex, leaving us as much in debt (to his parent company) as we were when left administration.

 

We have a very good manager who's raided Scottish market and brought in loans (Threkald stopping until April btw) to make silk purse out of cows ear.

How's threlkeld doing ?

[green genie]

How's threlkeld doing ?

 

After slow start only really got in side through injuries but done well in last four matches.

[HomerJay]

never rated oscar when he was here... holding looks twice the player.

[Casino]

liked him first time i saw him

 

looked iffy next time

 

third, completely exposed by some ridiculous job lennon asked him to do

Edited January 8, 2016 by Casino

[Traf]

 

 

completely exposed by some ridiculous job lennon asked him to do

 

not the first and unlikely to be the last.

 

Seemed to have ruined Tom Walker too.

[Eavesy]

Tom Walker could work in cloughs place. He played central attacking midfield a few times in pre season. And can drift out wide if needed.

[little whitt]

Back in the early 80's several Bristol City players agreed to cancel their contracts rather than have the club go under.

didnt a few Rangers players do the same

[Leyther_Matt]

didnt a few Rangers players do the same

No, they wanted to cancel their contracts because they didn't want to play in the Third Division after the SFA decided their contracts were to be carried over to the new club.

[HR]

Carbone did it at Bradford when they were relegated, walked away from a huge contract

 

'When I thought about it, there was only one choice I could make. I couldn’t be the person who put Bradford City out of business'

[Guest]

Just done the lottery, just in case

[only1swanny]

Just done the lottery, just in case

Doing the same. Don't often at about 20m to one chance.. But that's about the same odds as us staying up (positive thoughts today)