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Author Topic: The "it could actually be worse" thread ....  (Read 310557 times)
Peter Venkman
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« Reply #1380 on: Wednesday, September 16, 2020, 11:28:10 »

Sky News Breaking
@SkyNewsBreak

5m
Macclesfield Town has been wound up after a judge at the specialist insolvency and companies court was told that the football club owed more than 500,000
Not a mssive shock TBH its been on the cards all year.
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pauld
Aaron Aardvark

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« Reply #1381 on: Wednesday, September 16, 2020, 11:30:54 »

Macclesfield's demise has nothing to do with COVID, it is simply a Bury-style case of appalling ownership and personal greed. But as the COVID recession strikes and the realities of another season or substantial part of one with vastly reduced income streams bites, there will be many well run clubs also falling into trouble, not to mention the border line cases that would have tottered on in previous seasons now getting pushed over the edge. I fear this thread could be very busy as the season progresses.
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Costanza

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« Reply #1382 on: Wednesday, September 16, 2020, 11:46:35 »

It sounds like Southend aren't that far from the brink either.
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Panda Paws

« Reply #1383 on: Wednesday, September 16, 2020, 11:49:49 »

Macc owe me 600. That's the real issue here.
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china red

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« Reply #1384 on: Wednesday, September 16, 2020, 12:02:02 »

Such a shame for Macc, wonder how many more will be gone by end of the season
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tans
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« Reply #1385 on: Wednesday, September 16, 2020, 12:09:14 »

Macc owe me 600. That's the real issue here.

Ouch. Did you book hospitality or something?
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Panda Paws

« Reply #1386 on: Wednesday, September 16, 2020, 12:12:30 »

Ouch. Did you book hospitality or something?

Exactly that. Didn't fancy our chances of getting away tickets so booked a table of 10 back in Jan.
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Power to people

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« Reply #1387 on: Thursday, September 17, 2020, 15:03:19 »

If the premiership don't hurry up and decide how much they are willing to give to the FL to bail clubs out then there maybe a few more this side of crimbo.

The problem is even when they do decide to give up some money (notice they wanted keep parachute payments from fulham & WBA) it is then for what conditions they will attach to it, I'm sure they wont just hand it over from the goodness of their heart.

Then it remains to be seen how the FL decide to distribute it, I'm sure the lions share will go into the championship, but surely they cant just hand it over as I'm sure there are owners that would pocket that money and ride of into the sunset and then there will be all sorts of issues when the club goes into admin.
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Red Frog
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« Reply #1388 on: Thursday, September 17, 2020, 15:19:15 »

https://www.theguardian.com/football/2020/sep/16/wigan-in-danger-of-being-wound-up-like-macclesfield-administrators-warn?fbclid=IwAR1wawsFXtu6YLocBGM1XWyQumI7b2Uyn2mVlRjeCy93KNzuVZe3ynAqslI

Wouldn't be great timing for Matty Palmer...
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tans
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« Reply #1389 on: Thursday, September 17, 2020, 18:54:10 »

Steve Dale lending his support for Macclesfield

https://www.buryfc.co.uk/news/latest-statement-07-08-2020/september/support-for-macclesfield-town-fc/
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Leggett
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« Reply #1390 on: Friday, September 18, 2020, 09:45:04 »

Spellchecking and proof reading (and not being a fucking mental money grubbing fantasist) are not that man's forte...
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pauld
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« Reply #1391 on: Friday, September 18, 2020, 09:56:18 »

If the premiership don't hurry up and decide how much they are willing to give to the FL to bail clubs out then there maybe a few more this side of crimbo.
They've decided - fuck all. The decision around the Fulham and WBA parachute payments shows that. Will take the govt to force them to do the right thing
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horlock07

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« Reply #1392 on: Friday, September 18, 2020, 10:08:41 »

They've decided - fuck all. The decision around the Fulham and WBA parachute payments shows that. Will take the govt to force them to do the right thing

I imagine they are a bit tied up with Ashley taking legals for not being allowed to sell the club to an oppressive state?
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horlock07

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« Reply #1393 on: Tuesday, September 29, 2020, 16:50:42 »

Macclesfield being expelled from National League.

https://www.thenationalleague.org.uk/national-league-statement-macclesfield-town-63821

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pauld
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« Reply #1394 on: Tuesday, September 29, 2020, 17:43:40 »

Isn't that a bit like expelling a bloke who's died from an organisation? Seems a bit redundant
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