Generic clubs in financial crisis Thread

[T.R.O.L.I.]

IF things stay as they are at Cardiff and they don't make the PL this season, how close are they to going seriously belly up?

[Dirk Gently]

IF things stay as they are at Cardiff and they don't make the PL this season, how close are they to going seriously belly up?

It all depends if their Malaysian saviour keeps his promises. If he wants to bankroll them for another year in the CCC they'll be OK - but if he was only attracted by the lure of the PL they are in deep shit. They needed £8M to last 8 weeks recently .....

[Dirk Gently]

Spot the Malaysian celebrating on the pitch with Ridsdale....

[TFF]

C'mon Blackpool!

[leww_rfc]

C'mon Blackpool!

^ This. How many clubs in the CCC will be in trouble next season then?

[Kitson12]

C'mon Blackpool!

^ This. How many clubs in the CCC will be in trouble next season then?

One club that won't, will be Reading

[Dirk Gently]

C'mon Blackpool!

^ This. How many clubs in the CCC will be in trouble next season then?

Just to make the point - of the four clubs in the CCC play-offs, Blackpool are the only ones run in a way that is remotely sustainable. The other three are living way beyond their means and rely on their sugar-daddies.

[Barry the bird boggler]

Glad Leicester are out of the play offs, still hate them for getting away with their "cheating".

Dearly hope Blackpool do Cardiff in the final.

[Sun Tzu]

C'mon Blackpool!

^ This. How many clubs in the CCC will be in trouble next season then?

Just to make the point - of the four clubs in the CCC play-offs, Blackpool are the only ones run in a way that is remotely sustainable. The other three are living way beyond their means and rely on their sugar-daddies.

Even Blackpool have a fair bit of external resource behind them don't they ? With an average crowd of around 8k presumably they generate a lot of money from non football related sources ?

[Wycombe Royal]

Glad Leicester are out of the play offs, still hate them for getting away with their "cheating".

Has Spacey hacked your account? That is the sort of thing he normally comes out with.....

[SpaceCruiser]

Glad Leicester are out of the play offs, still hate them for getting away with their "cheating".

Has Spacey hacked your account? That is the sort of thing he normally comes out with.....

I was going to add "And don't forget that they nicked Mark McGhoo off us...."

[Compo's Hat]

Preston now have a winding up order from HMRC.

http://www.skysports.com/story/0,19528, ... um=twitter

[SLAMMED]

Glad Leicester are out of the play offs, still hate them for getting away with their "cheating".

Has Spacey hacked your account? That is the sort of thing he normally comes out with.....

I was going to add "And don't forget that they nicked Mark McGhoo off us...."

McGhee*

[leww_rfc]

General questiuon but were not in any money troubles are we?

[Sarah Star]

Preston now have a winding up order from HMRC.

http://www.skysports.com/story/0,19528, ... um=twitter

Now why is it that I don't feel the slightest bit sorry for Portsmouth or Cardiff, but this news just makes me feel sad?

[Compo's Hat]

Preston now have a winding up order from HMRC.

http://www.skysports.com/story/0,19528, ... um=twitter

Now why is it that I don't feel the slightest bit sorry for Portsmouth or Cardiff, but this news just makes me feel sad?

I'm about it. Football museum and original winners of the league but full of annoying little shits whenever i visit Deepdale.

[AthleticoSpizz]

Even Blackpool have a fair bit of external resource behind them don't they ? With an average crowd of around 8k presumably they generate a lot of money from non football related sources ?

Karl Oyston and his family have the local property market sussed out.............they have done for at least the last 30 years

Good luck Blackpool...................some of us remember the trips there in the 1990's

[Row Z Royal]

Preston now have a winding up order from HMRC.

http://www.skysports.com/story/0,19528, ... um=twitter

Now why is it that I don't feel the slightest bit sorry for Portsmouth or Cardiff, but this news just makes me feel sad?

I'm about it. Football museum and original winners of the league but full of annoying little shits whenever i visit Deepdale.

The museum's off to fair Mancunia, is it not?


Thoroughly inoffensive club though - wish them the best.

[Big Foot]

Preston now have a winding up order from HMRC.

http://www.skysports.com/story/0,19528, ... um=twitter

RNS Number : 9954L
Preston North End PLC
14 May 2010



Preston North End plc



("Preston North End" or the "Company")



Statement re: Suspension



The Board of Preston North End, announces that, having received a winding up petition from HM Revenue and Customs, following failure to pay certain liabilities, the Company's Ordinary Shares will be suspended from trading on AIM (the "Suspension"). The Suspension will take effect from 7am on 17 May 2010 pending clarification of the Company's financial position.



The Board are currently considering the options available and a further announcement will be made as soon as possible.



For further information please contact:



Kevin Abbott, Preston North End plc
Tel: 0870 442 1964

Katy Mitchell, WH Ireland Limited
Tel: 0161 832 2174





This information is provided by RNS
The company news service from the London Stock Exchange

[Urinal Mint]

Always a shame to see a non Welsh club struggle, but especially one as old and as proud as Preston North End. But, the selfish side screams "administration roots them to the bottom of the table and a relegation battle for the most part" and that 'possibly' helps us.