horlock07
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« Reply #6450 on: Thursday, November 12, 2015, 12:08:50 » |
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Black
Who would not have given a shit what happened in 2 days (as end Jan was the deadline for admin) let along 2-3 years...... I think that's yer answer!
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Batch
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« Reply #6451 on: Thursday, November 12, 2015, 12:16:41 » |
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Who would not have given a shit what happened in 2 days (as end Jan was the deadline for admin) let along 2-3 years...... I think that's yer answer!
I think it was a combination of Jed and Black. We just went for whoever gave us the most upfront cash for him. Hence the low price/no sell on. If we hadn't sold, Jed wouldn't be able to cover our wages, then we'd have gone into Admin (or worse). At least, that's my take on what happened based on the info Black (and others) since relayed.
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horlock07
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« Reply #6452 on: Thursday, November 12, 2015, 12:19:42 » |
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I think it was a combination of Jed and Black.
We just went for whoever gave us the most upfront cash for him. Hence the low price/no sell on. If we hadn't sold, Jed wouldn't be able to cover our wages, then we'd have gone into Admin (or worse).
At least, that's my take on what happened based on the info Black (and others) since relayed.
That all rings bells.... Jed may have been an arse out of his depth but I am not sure what would have happened if he hadn't been sniffing around.
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« Last Edit: Thursday, November 12, 2015, 12:22:17 by horlock07 »
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Skinny Pete
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« Reply #6453 on: Thursday, November 12, 2015, 12:28:15 » |
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Is there some sort of 3 strikes and you're out when it comes to going into administration?
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pauld
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« Reply #6454 on: Thursday, November 12, 2015, 12:40:16 » |
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Is there some sort of 3 strikes and you're out when it comes to going into administration?
No. But technically, it's a court-granted dispensation to clear debts etc. And if you keep going into administration on a repeated basis, there's going to come a point when the court will say "Hang on, you're taking the piss here" and refuse to grant the administration order. And then if you genuinely don't have the money to keep going (i.e. you weren't taking the piss just to dodge debt) you may well find that the alternative is liquidation/receivership. Apologies if I've got some of the technical bits wrong, but that's the process as I understand it. May have changed in the last 10 years though.
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Skinny Pete
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« Reply #6455 on: Thursday, November 12, 2015, 12:45:54 » |
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So it wouldn't be a footballing authority decision - but a purely legal one?
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Red Frog
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« Reply #6456 on: Thursday, November 12, 2015, 12:49:34 » |
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Re Ritchie, you have to think of Black's cash lifeline for a couple of years as a sort of in-lieu transfer fee. It reduces the pain. His sale just showed what happened when it was withdrawn.
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Tout ce que je sais de plus sūr ą propos de la moralité et des obligations des hommes, c'est au football que je le dois. - Albert Camus
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horlock07
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« Reply #6457 on: Thursday, November 12, 2015, 13:01:19 » |
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So it wouldn't be a footballing authority decision - but a purely legal one?
Haven't the league tightened up the penalties if you do it more than once now - i may have imagined this... Wouldn't that have been our third dabble in admin (I see to recall two previous spectres of Andonikou!)
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pauld
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« Reply #6458 on: Thursday, November 12, 2015, 13:18:07 » |
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Haven't the league tightened up the penalties if you do it more than once now - i may have imagined this...
Yes, but I don't believe there's a set penalty, just discretionary. They hammered Bournemouth and Luton not so long ago. Wouldn't that have been our third dabble in admin (I see to recall two previous spectres of Andonikou!)
Yes.
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horlock07
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« Reply #6459 on: Thursday, November 12, 2015, 13:22:56 » |
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Yes, but I don't believe there's a set penalty, just discretionary. They hammered Bournemouth and Luton not so long ago.
So based upon our record will the FA I would have expected to be demoted 7 divisions, start with a 30 point penalty...... and a public stoning.
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pauld
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« Reply #6460 on: Thursday, November 12, 2015, 13:24:10 » |
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So based upon our record will the FA I would have expected to be demoted 7 divisions, start with a 30 point penalty...... and a public stoning.
I'd expect no less than ISIS-style pitch-side mass executions, personally administered by a masked Greg Dyke
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horlock07
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« Reply #6461 on: Thursday, November 12, 2015, 13:26:30 » |
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I'd expect no less than ISIS-style pitch-side mass executions, personally administered by a masked Greg Dyke
I don't want to know about your thoughts about a masked Greg Dyke... can I direct you to the confessions thread.
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Summerof69
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« Reply #6462 on: Thursday, November 12, 2015, 16:05:17 » |
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Jack Stephens got sent off for the England U21's in Bosnia today
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Jimmy Glass is an Alien
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« Reply #6463 on: Thursday, November 12, 2015, 21:52:46 » |
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Alex Revell loaned to Wigan from Cardiff. Good job we played them recently as I'm sure it was a guaranteed goal or two against. Mind you anyone can score against us at the moment.
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JoeMezz
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« Reply #6464 on: Saturday, November 14, 2015, 12:07:24 » |
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Cooper on Sky Sports for the Rochdale vs Wigan game.
Said "when you sell your crown jewels and don't replace them with players who aren't quite ready it's always going to be tough."
As we expected, doesn't sound he left on happy terms
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