any feedback from last night jan ladsWell done, see you tonight.
Steve
All the best with this and reviving the SBT - is there anything an overseas supporter can do to contribute?
any feedback from last night jan lads
the most positive news i heard while there was that SISU can not directly liquidate us they will have to put us into admin first
the most positive news i heard while there was that SISU can not directly liquidate us they will have to put us into admin first
Companies can liquidate themselves? :thinking about:
Ian Neale did it at Nuneaton Borough.
However the major difference was that he had just taken over the club, which had debts of over £1 million, he wiped out those debts, then restarted from scratch with his new investment.
Nuneaton Borough liquidation announced
http://www.coventrytelegraph.net/co...borough-liquidation-announced-92746-21012289/
Ian Neale defends Boro wind-up
http://www.coventrytelegraph.net/ne...14/neale-defends-boro-wind-up-92746-21082604/
Buying out SISU and the £40m debt would be a nice touch....
Oh to be only £40m in debt again...the good old days, eh?
The amount owed by SBS+L to SISU for the accounts ending 2011 was around £30m. It is true to say that the club has 'debts of £60+m' but really isn't accurate when determining how much is actually owed to our faceless friends.
£69m and counting...we should run a sweepstake on when we are going to get to the magic £100m mark. My bet? Thursday (natch) 12th September 2013.
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