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Administrtion would be a good thing (1 Viewer)

  • Thread starter Glen
  • Start date Nov 26, 2011
Forums New posts
G

Glen

Member
  • Nov 26, 2011
  • #1
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?????????
 

coundonskyblue

New Member
  • Nov 26, 2011
  • #2
I agree. All the negative things that happen with Administration are happening anyway.
 

shmmeee

Well-Known Member
  • Nov 26, 2011
  • #3
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.
 
G

Glen

Member
  • Nov 26, 2011
  • #4
It will not happen, no takeover, any way jan will be toolate we will be down by then, SISU just do not care and creditors owed money have to accept something i the administrators feel it is right
 

sky_blue_up_north

Well-Known Member
  • Nov 26, 2011
  • #5
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
 

coundonskyblue

New Member
  • Nov 26, 2011
  • #6
sky_blue_up_north said:
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
Click to expand...

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.
 

Nonleagueherewecome

Well-Known Member
  • Nov 26, 2011
  • #7
shmmeee said:
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.
Click to expand...

A homeless guy who spends what cash he can on drugs and drink to dull the pain. The illusion of a saviour is just a hallucination. A bit like that Frankie Boyle sketch of the tramp dreaming that he's on a beach in the warm sunshine, when in reality he's been set on fire by some chav kids.
 

shmmeee

Well-Known Member
  • Nov 26, 2011
  • #8
coundonskyblue said:
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.
Click to expand...

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.
 

coundonskyblue

New Member
  • Nov 26, 2011
  • #9
shmmeee said:
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.
Click to expand...

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.
 

Nonleagueherewecome

Well-Known Member
  • Nov 26, 2011
  • #10
coundonskyblue said:
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.
Click to expand...

Ah, Ken and his begging bowl...yes, I had that one down as spin to get our sympathy. Poor Ken.
 

sky_blue_up_north

Well-Known Member
  • Nov 26, 2011
  • #11
coundonskyblue said:
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.
Click to expand...

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
 

coundonskyblue

New Member
  • Nov 26, 2011
  • #12
sky_blue_up_north said:
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
Click to expand...

Yeah but it doesnt always work like that. The creditor who forces admin will get to the front of the line when the debts come to be repaid. So if one of the creditors suspect admin is coming they will all want to be the one who forces it as it gives them a better chance of getting all their money back.
 

torchomatic

Well-Known Member
  • Nov 26, 2011
  • #13
Administration would NOT be a good thing.

Glen said:
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?????????
Click to expand...
 

ajsccfc

Well-Known Member
  • Nov 26, 2011
  • #14
I'm starting to think that rather than points, the best thing about winning a game would be glen's inevitable absence.
 
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