by Sutekh » 01 Nov 2024 10:42
by Crusader Royal » 01 Nov 2024 11:06
mikey_1871Sutekhtmesis Given that Dai wouldn't do it, nor would the directors, that only really leaves a successful winding up order as the only way it could happen.
We aren't going to get wound up while we still have some money to pay the bills, so that really seems to suggest that it would only happen if we'd spent the season ticket money and the Olise money, and consequently would be lucky to finish the season.
An administrator would then come in and slash costs to the bone while looking for a buyer. It would not be pretty.
The wonders of ChatGPT also suggest that the stadium situation doesn't get easily resolved by going into administration
In other words we could go into administration without being able to sell the club as a whole, in which case the clubs becomes much less valuable or viable.
Equally though any Administrators have to balance that side with maintaining a club that is reasonably competitive in the league (though I think it might be seen as pretty pointless after the 12 point deduction).
I don't think it would. We'd still be outside the relegation zone if a 12 point deduction was applied today. Very good chance of staying up if we can remain competetive,
by windermereROYAL » 01 Nov 2024 11:35
by tmesis » 01 Nov 2024 12:02
Crusader Royal It would be the sale of all our senior players at knock down prices and probably having an Academy coach managing the team that would be the issue. I don’t think administrators would have to make decisions about a ‘competitive’ side, they would just need to try and ensure we fulfilled our fixtures.
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