Whats the chances of Otium going into admin? (4 Viewers)

[skybluetony176]

BDO concludes there is “fundamental uncertainty which may cast doubt over the company’s ability to continue as a going concern.”

With this comment from the Auditors is there a chance that Otium could go into Administration by the end of the season costing us another 10points?

 

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[mrtrench]

Yes, there is a chance.

 

[SonOfSnoz]

Or liquidation!

 

[SkyblueBazza]

Look at the names of the directors & I think it says "every chance". It's just a question of "when"?

 

[skybluetony176]

its worrying isn't it. why don't they just cut there losses sell the club to the highest bidder then fuck off.

 

[SkyblueBazza]

its worrying isn't it. why don't they just cut there losses sell the club to the highest bidder then fuck off.

I have no real idea about it but if by selling some significant tax-breaks are lost...maybe they'd be increasing their losses?

 

[skybluetony176]

I have no real idea about it but if by selling some significant tax-breaks are lost...maybe they'd be increasing their losses?

the only sure thing is that they are increasing all of ours pain on an almost daily basis