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STFC_Gazzza
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« on: Friday, April 18, 2008, 11:41:53 » |
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Have to find an owner by 5pm this evening or WILL go bust tonight...
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Batch
Not a Batch
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« Reply #1 on: Friday, April 18, 2008, 11:44:22 » |
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http://news.bbc.co.uk/sport1/hi/football/teams/r/rotherham_utd/7354203.stm
Rotherham United's administrator Jeremy Bleazard has said the beleaguered League Two outfit must find a buyer by 1700 BST on Friday or face liquidation.
The club owe hundreds of thousands of pounds to the Inland Revenue, reports BBC Radio Sheffield.
Former directors Dino Maccio and Alan Cartledge are reportedly ready to submit a rescue bid and they have a deal to keep the club at Millmoor.
The Millers are scheduled to host Dagenham & Redbridge on Saturday.
The club received a 10-point penalty in March when they entered administration for the second time in three seasons.
Millers manager Mark Robins told BBC Radio Sheffield: "A lot of people care deeply about this club.
"We've got to get things sorted out and resolved as quickly as possible."
Rotherham said they owed the money to the Inland Revenue because of falling attendances, as well as a smaller than expected insurance claim for summer flood damage.
The club had previously been saved from liquidation in the summer of 2006 when creditors backed a Company Voluntary Agreement.
They were also then hit with a 10-point penalty, which eventually cost them their League One status when they were relegated last season.
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Reg Smeeton
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« Reply #2 on: Friday, April 18, 2008, 11:46:58 » |
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Have to find an owner by 5pm this evening or WILL go bust tonight... Its been clear for a while that some club is going to go to the wall...shame for the Rotherham fans, yet Aldershot and Accrington Stanley have shown it is possible to come back. |
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DMR
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« Reply #3 on: Friday, April 18, 2008, 12:13:17 » |
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These things always get overstated - it won't happen imo.
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Reg Smeeton
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« Reply #4 on: Friday, April 18, 2008, 12:16:39 » |
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These things always get overstated - it won't happen imo. Both Aldershot and Accrington said the same....it can and does happen, think Newport County, Maidstone in recentish years. There are a number of clubs who've pushed it to the wire, us included, sooner or later another is going to go. |
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Luci
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« Reply #5 on: Friday, April 18, 2008, 12:16:54 » |
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 So sad |
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ronnie21
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The Mighty Hankerton
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« Reply #6 on: Friday, April 18, 2008, 12:40:03 » |
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These things always get overstated - it won't happen imo. At the last Trust meeting Jeremy Wray stated that he felt the inland revenue were just waiting to make an example of somebody. He also said it could easily have been us!! |
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Power to people
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« Reply #7 on: Friday, April 18, 2008, 13:33:10 » |
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I'm not sure that the FL would let a member club go under, they should be trying to help as much as they can.
Hopefully someone can submit a rescue plan, but I'm sure 1 day a FL club will fold due to the IR wanting an example and wanting to be 1st in the queue for their money not having to wait for other's to be paid also.
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Reg Smeeton
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« Reply #8 on: Friday, April 18, 2008, 13:56:32 » |
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I'm not sure that the FL would let a member club go under, they should be trying to help as much as they can.
Bit of a rose tinted view...the FL would prefer there not to be basket case football clubs....there are plenty of well run clubs outside the league who can take a place. |
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reeves4england
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We'll never die!
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« Reply #9 on: Friday, April 18, 2008, 14:04:55 » |
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I'm not sure that the FL would let a member club go under, they should be trying to help as much as they can.
Bit of a rose tinted view...the FL would prefer there not to be basket case football clubs....there are plenty of well run clubs outside the league who can take a place. Well said Reg. I don't see that the FL would intervene, and to be perfectly honest I think they'd be right not to. It is a shame that football is going this way but as you say, in the long run it will lead to the better-run football clubs being the most successful. Thankfully it seems like we're joining that group, and hopefully Rotherham will get their problems sorted out too. |
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Dazzza
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« Reply #10 on: Friday, April 18, 2008, 14:22:08 » |
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Got to feel for the fans.
A few years ago they were a solid Championship side under Ronnie Moore even sniffing around the playoffs for a while until the arse end dropped out and they got relegated. Mick Harford (got bless him he’s got a tragic record though for taking teams down) took over and down they went again.
Very similar to Town in many respects spent far to much cash chasing the Premiership dream, appointed a succession of managers and ended up operating at a huge loss, which was reportedly over £130k per month at one stage!
I’d be interested to know if the debts are historic or they have run up fresh debts again since the last period of admin?
I’d like to see the league hire a team of auditors who would run through all the clubs periodically and try and prevent this sort of thing from happening.
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Power to people
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« Reply #11 on: Friday, April 18, 2008, 15:15:43 » |
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I'm not sure that the FL would let a member club go under, they should be trying to help as much as they can.
Bit of a rose tinted view...the FL would prefer there not to be basket case football clubs....there are plenty of well run clubs outside the league who can take a place. It's not a rose tinted view really, if push comes to shove the FL or PFA may help them carry on until the end of the season (like the SPL are doing with Gretna) as it would surely not help the league if a club ceased to exisit during the season. I know they probably won't be stranger things have happened |
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Tails
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Git facked
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« Reply #12 on: Friday, April 18, 2008, 15:20:20 » |
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I'm not sure that the FL would let a member club go under, they should be trying to help as much as they can.
Bit of a rose tinted view...the FL would prefer there not to be basket case football clubs....there are plenty of well run clubs outside the league who can take a place. Well said Reg. I don't see that the FL would intervene, and to be perfectly honest I think they'd be right not to. It is a shame that football is going this way but as you say, in the long run it will lead to the better-run football clubs being the most successful. Thankfully it seems like we're joining that group, and hopefully Rotherham will get their problems sorted out too. Hmm, not sure I agree with that. |
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axs
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« Reply #13 on: Friday, April 18, 2008, 15:54:00 » |
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These are businesses, you can't keep bailing them out or the directors will never learn and some will use the opportunity to rinse what they can. It's a sad state of affairs for the fans but we've been close to that situation and I wouldn't have expected the FL to bail us out - it's the clubs fault and no-one else's.
Clubs have to learn that you must not spend out of your capability and expect to get away with it forever.
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STFC_Gazzza
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« Reply #14 on: Friday, April 18, 2008, 16:29:37 » |
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