Samdy Gray
Dirty sneaky traitor weasel
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« on: Thursday, December 6, 2007, 18:00:07 » |
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Sorry for the new thread, but people seem to have skipped over this.
Bob Holt has freely admitted we've got "insufficient funds" to pay our current debts.
That's an open admission that the club is insolvent.
Fuck Winding Up Petitions/Orders, it won't get to that. WE'RE FUCKED.
Liquidation/Administration doesn't wait 14 days. It could easily happen tomorrow. Just like Luton last week.
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adje
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« Reply #1 on: Thursday, December 6, 2007, 18:01:23 » |
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All too well SG,sadly
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quot;Molten memories splashing down
upon the rooves of Swindon Town"
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Peter Venkman
Past glories motivate us when times are bleak.
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Posts: 64646
Perfection is not attainable
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« Reply #2 on: Thursday, December 6, 2007, 18:01:28 » |
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My thoughts exactly Sam.
It doesnt get any more serious than this.
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From the station at Colchester
To the cells of Warrington
From the services at Leicester
To the slums of Northampton
We travel over England
And one day Europe too
Cos we all follow the Swindon
We're the famous Town End crew.
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Iffy's Onion Bhaji
petulant
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« Reply #3 on: Thursday, December 6, 2007, 18:01:32 » |
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We can't have admin again either surely? So it's liquidation  |
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Spencer_White
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« Reply #4 on: Thursday, December 6, 2007, 18:02:14 » |
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No, I hadnt skipped that.
Anyone with half a brain can see this is the end.
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OneAndrewFitton
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« Reply #5 on: Thursday, December 6, 2007, 18:02:40 » |
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The judge made it perfectly clear last time we went into admin that the club could not go into administration again so it's liquidation.
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Ralphy
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« Reply #6 on: Thursday, December 6, 2007, 18:03:01 » |
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I don't know what to think anymore Sam.
We've been lied to so much.
I guess I just can't imagine life without Swindon.
My grandad is turning in his grave.
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OneAndrewFitton
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« Reply #7 on: Thursday, December 6, 2007, 18:04:15 » |
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Sorry for the new thread, but people seem to have skipped over this.
Bob Holt has freely admitted we've got "insufficient funds" to pay our current debts.
That's an open admission that the club is insolvent.
Fuck Winding Up Petitions/Orders, it won't get to that. WE'RE FUCKED.
Liquidation/Administration doesn't wait 14 days. It could easily happen tomorrow. Just like Luton last week. He said they were going to go begging to Seton Wills again didn't he :evil: Fucking Seton Wills now that man is a big time fucking joke. |
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Power to people
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« Reply #8 on: Thursday, December 6, 2007, 18:04:24 » |
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If the club are trading while insolvent (whih they are) is that not against the law so there could be investigations by the law and possible charges for the directors of the company - but would Mikey D get caught as he is not listed as a Director, I suppose any police investigation would find out his role and how he has run the club.
If the club goes into liquidation then I am sure there will be a criminal investigation as it has never happened to a FC at this level before.
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Samdy Gray
Dirty sneaky traitor weasel
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Posts: 27180
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« Reply #9 on: Thursday, December 6, 2007, 18:05:20 » |
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If the club are trading while insolvent (whih they are) is that not against the law? Yes, it is. And it's what Diamandis got done for last time IIRC. |
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OneAndrewFitton
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« Reply #10 on: Thursday, December 6, 2007, 18:05:54 » |
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If we go bust there will be investigations into why it happened and no doubt everything would come out and some people will be spending quite a long time behind bars, not that we give a toss, they get what they deserve.
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Ralphy
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« Reply #11 on: Thursday, December 6, 2007, 18:06:10 » |
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Nobody of our size has ever gone into liquidation.
Scarborough is probally the biggest club this has happened to.
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STFC_Gazzza
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« Reply #12 on: Thursday, December 6, 2007, 18:09:19 » |
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RALPHY: Aldershot were bigger than Scarborough. They folded midseason.
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STFC_Gazzza
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« Reply #13 on: Thursday, December 6, 2007, 18:09:31 » |
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Batch
Not a Batch
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Posts: 57753
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« Reply #14 on: Thursday, December 6, 2007, 18:15:12 » |
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Sorry for the new thread, but people seem to have skipped over this.
Bob Holt has freely admitted we've got "insufficient funds" to pay our current debts.
That's an open admission that the club is insolvent.
Fuck Winding Up Petitions/Orders, it won't get to that. WE'RE FUCKED.
Liquidation/Administration doesn't wait 14 days. It could easily happen tomorrow. Just like Luton last week. Really, hadn't thought of that. Thanks for the heads up |
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