No because SISU are the creditors therefore they would be putting themselves in administration... fans just don't get this for whatever reason, administration is NOT going to happen
Except we owe all our money to SISU and they wouldn't accept the offer, forcing us into liquidation.
Rumour on GMK that something will happen with the takeover in Jan, at the moment it feels like we're a homeless guy hoping for a lottery win. Sure it'd solve all our problems, but the chance of it happening is minute.
Well there may well be other creditors. Harry Shaw, ACL, HMRC. Its not purely Sisu's choice as to whether we go into admin or not.
But nothing would stop SISU from just paying those creditors off and keeping us from going into admin.
The only discernable plan I can figure out is to race to break even. Of course next season we'll have similar costs to now but even less income, so we'll be forced to cut costs again, and so on and so on.
We really are being killed by stupidity.
But there will come a point where they can't or won't put anymore money into the club. If you remember in March we were apparently close to admin when our great orange one persuaded sisu to put more money in. At that point we must have owed someone some serious cash to be close to admin.
Well there may well be other creditors. Harry Shaw, ACL, HMRC. Its not purely Sisu's choice as to whether we go into admin or not.
If any of them force us to admin they will lose out as we don't have any real assists apart from the players which won't cover the debt
Would it not be our best opion because the administrators wou;d have to take an acceptable offer if one came in and Sisu would have nothing to do about it.
Or am i wrong?????????