He has a point though. Admin makes more sense now than it did say 12 months ago because of the rent arrears, but it still doesn't make much sense because the main creditors are SISU themselves. Liquidation would make more sense from a 'cut their losses' point of view because SISU would be the main benefactors of the fire sale of assets (not that we have much), than they would from administration (either way they'd still lose big time). I'm not an expert on these matters I admit, but the noises all along from those within the club are that if SISU walk it will be liquidation rather than administration - but perhaps this is ultimately out of their control. Who knows. Part of me wishes this comes to a head one way or another soon.