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Author Topic: DOES NOBODY GET THIS SITUATION?  (Read 3787 times)
Peter Venkman
Past glories motivate us when times are bleak.

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« Reply #15 on: Thursday, December 6, 2007, 18:16:15 »

Quote from: "Ralphy"
Nobody of our size has ever gone into liquidation.

Scarborough is probally the biggest club this has happened to.


Aldershot, Newport County, Maidstone &  Bradford PA, all football league clubs that have folded and all probably bigger than Scarborough to be fair, but not quite as big a club or with a fan base like ours.
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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.
adje

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« Reply #16 on: Thursday, December 6, 2007, 18:16:22 »

Bloody Diamandis bought his shares"for a joke"-is the cunt still laughing?
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Ralphy

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« Reply #17 on: Thursday, December 6, 2007, 18:16:26 »

Quote from: "STFC_Gazzza"
RALPHY: Aldershot were bigger than Scarborough. They folded midseason.


Aldershot and Scarborough haven't played in the Premiership and won the league cup  Sad
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Phil_S

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« Reply #18 on: Thursday, December 6, 2007, 18:17:32 »

Its a legal responsibility of the directors NOT to trade whilst insolvent.  Thats' why they need to ask the shareholders for more funds. If those funds are NOT forthcoming then the Directors are breaking the law. They can only put the club into liquidation or resign.
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Samdy Gray
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« Reply #19 on: Thursday, December 6, 2007, 18:18:11 »

Quote from: "Batch"
Really, hadn't thought of that. Thanks for the heads up


Are you being sarchastic?

I didn't mean to come accross as patronising, but some people are thinking 'Oh it's ok, we've got 14 days' when we ultimately haven't.
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tans
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« Reply #20 on: Thursday, December 6, 2007, 18:35:38 »

Quote from: "STFC_Gazzza"
RALPHY: Aldershot were bigger than Scarborough. They folded midseason.


And Maidstone United. Now currently flying high in the Kent League.
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tans
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« Reply #21 on: Thursday, December 6, 2007, 18:36:24 »

Sorry didnt read above
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Batch
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« Reply #22 on: Thursday, December 6, 2007, 18:38:06 »

Yeah I was , sorry, I'm in an odd mood for some reason.

I think it likely we will be given some time before being liquidated, I think it likely to be a WUP.  But if SSW doesn't meat the immediate obligations the directors are duty bound to cease STFC  trading or risk the DTI doing them for trading whilst knowingly insolvant.
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OneAndrewFitton

« Reply #23 on: Thursday, December 6, 2007, 18:39:41 »

No doubt seton wills (once a saviour now a hated man) will meet the immediate obligations as always.
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OneAndrewFitton

« Reply #24 on: Thursday, December 6, 2007, 18:40:55 »

This is a total fucking joke, just posted by Banbury on thisis:

Fitton this week has been trying to ring SSW to resolve the issues.

.......but guess what he could not get hold of him as he has gone Grouse shooting.

The football club is facing extinction and he goes Grouse shooting. Just about sums them up.
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Bogus Dave
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« Reply #25 on: Thursday, December 6, 2007, 18:41:58 »

If its a joke then i wouldn't get too worked up about it
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Things get better but they never get good
glos_robin

« Reply #26 on: Thursday, December 6, 2007, 18:43:06 »

ummmm don't think it was meant as a joke mate
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Bogus Dave
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« Reply #27 on: Thursday, December 6, 2007, 18:44:50 »

ah, i misread oafs post. thats fucking shocking, but isn't james wills the major shareholder, so what was fitton doing trying to get to seton?
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Things get better but they never get good
A Gent Orange

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« Reply #28 on: Thursday, December 6, 2007, 18:46:47 »

They paddle in such a shallow gene pool that James probably can't use the electric telephone without Pater's help.
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OneAndrewFitton

« Reply #29 on: Thursday, December 6, 2007, 18:48:05 »

Snobby James "I'm an Arsenal season ticket holder" Wills what an idiot.
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