Summerof69
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« Reply #270 on: Tuesday, February 23, 2010, 14:50:36 » |
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Nice to see that they've got their priorities right. They're up to our necks in debt...but it doesn't stop them getting a new manager in and put another salary onto the payroll.
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pauld
Aaron Aardvark
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Absolute Calamity!
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« Reply #271 on: Wednesday, February 24, 2010, 10:46:35 » |
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Hmm, looks like they may actually have gone into admin (or some form of insolvency procedure) and kind of hidden it behind the Cotterill announcement: The Football League will demand answers from Notts County's new owner as to the basis of the company voluntary arrangement the club entered yesterday. If the reference to a CVA is mere shorthand for bilateral agreements between the club and its creditors then it is likely there will be no points deduction for the club. However if, as early indications suggest, a formal CVA process has been entered then the League will regard it as administration by another name and impose a minimum 10-point penalty. http://www.guardian.co.uk/football/2010/feb/24/peter-ridsdale-cardiff-city-finances
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suttonred
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« Reply #272 on: Wednesday, February 24, 2010, 10:53:59 » |
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It's definately all going bang. On SSN this morning, it stated that 18 prem clubs owed 3.4 Billion, which is 56% of all the debt in European football combined. It didn't however include Pompey or West Ham, which would make it worse. It's getting to that time of year where teams eye up the table and decide whether to go into admin, i think it's going to be horrific this year could be a dozen or more.
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Nemo
Shit Bacon
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« Reply #273 on: Wednesday, February 24, 2010, 10:57:24 » |
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Why on earth did they not include Pompey or West Ham, they must be another 10% between them.
Going to be a very interesting few months in football I think. All hail Sirs Fitton, Arbib, Wray and er, the other one. Backhouse?
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Rustle
Prediction League Champion 2012/13
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TEF World Cup Stunners Champion 2010
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« Reply #274 on: Wednesday, February 24, 2010, 11:00:28 » |
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Charlton must be close to administration,a lot of charlton fans think they could be in serious trouble if promotion is not gained this season,although maybe a summer clear out of some of the better players may save them from admin,shelvey must be worth a tidy sum.
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suttonred
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« Reply #275 on: Wednesday, February 24, 2010, 11:00:57 » |
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Not included as not full members of eufa or something. Didn't quite catch that bit.
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pauld
Aaron Aardvark
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« Reply #276 on: Wednesday, February 24, 2010, 11:01:33 » |
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It's definately all going bang. On SSN this morning, it stated that 18 prem clubs owed 3.4 Billion, which is 56% of all the debt in European football combined.
English football fucking stinks right now. It's like the final scene in Poltergeist where they realise they built the houses on the Indian graveyard - all those bodies are about to come springing out of the ground
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suttonred
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« Reply #278 on: Wednesday, February 24, 2010, 11:06:41 » |
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What's really worrying is those figures are from 2 years ago at least, most teams have gone even more mental with wages since then. Ah well at least Cole and Terry have made their money and can spend it on slappers, so it's not all bad.
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pauld
Aaron Aardvark
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« Reply #279 on: Wednesday, February 24, 2010, 11:10:58 » |
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Ah well at least Cole and Terry have made their money and can spend it on slappers, so it's not all bad.
That's not fair and you know it - John Terry spends barely a fraction of his entirely undeserved fortune on slappers, most of it he pisses up against a wall on gambling debts
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nevillew
Tripping the light puntastic
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« Reply #281 on: Wednesday, February 24, 2010, 17:07:11 » |
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most of it he pisses up against a wall on gambling debts
A mixed and thoroughly unsavoury mixed metaphor.
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Paolo Di Canio, it's Paolo Di Canio
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jayohaitchenn
Wielder of the BANHAMMER
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« Reply #282 on: Wednesday, February 24, 2010, 18:52:54 » |
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Which is mixed.
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nevillew
Tripping the light puntastic
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« Reply #283 on: Thursday, February 25, 2010, 08:51:53 » |
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Ah yes, I believe the word is 'oops'
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Paolo Di Canio, it's Paolo Di Canio
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THE FLASH
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« Reply #284 on: Saturday, February 27, 2010, 22:50:12 » |
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English football fucking stinks right now. It's like the final scene in Poltergeist where they realise they built the houses on the Indian graveyard - all those bodies are about to come springing out of the ground
That was a fucking awesome bit!
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Clems Army!
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