Generic clubs in financial crisis Thread

[Kitson12]

Now, with regards to Palace, and their potential liquidation, how far down the league system would they drop?

[Dirk Gently]

Now, with regards to Palace, and their potential liquidation, how far down the league system would they drop?

If they're liquidated, they cease to exist, so irrelevant question.

If a new "phoenix" club starts up, then it's up to whichever league accespts them as members, but unlikely they'd get something sorted in time this summer.

[PieEater]

In the Palace case it seems the less money you owe the more trouble you're in. AFAIK the ground can't be used for building so there's not too many interested parties for the bank to sell to.

What happened the CVA? I guess there's no point if there's nowhere to play.

[Sun Tzu]

If Palace go then what happens to the league place ?

Does the Championship go with one team short next season ?

Do Sheff Wed stay up (and in that case the question knocks on to Div 1)

Or do Swindon come up (can't see this being correct)

If the Championship goes with one team short then obviously there are issues for the 23 clubs as they lose 2 games revenue, and STH lose a game from their prepaid ticket.

[Skyline]

IIRC, the way the Conference handle the situation of a club being forced out of the league it is that there is one less club relegated. Forest Green look like being saved this way this season because Salisbury are leaving the league (can't remember why). And of course they had already reduced the number of relegation places from four to three as a result of Chester being kicked out of the league.

[TFF]

Fixtures are due out June 17th. The possible disappearance of a club, and the re-inclusion of a relegated team, especially in the same city as another club in the same division, will have huge ramifications.

I hope Palace are saved though - pcunts in the boardroom but a decent club.

[readingbedding]

The action taken if a team folds during the season may be different if before or after the season.
Before the fixtures are made for example.

[Wimb]

I'd imagine that Wednesday would stay up as would the team in 21st in L1 (can't remember who off the top of my head) and then Grimsby would also be saved from the drop to the BSP.

[Hoop Blah]

I'd imagine that Wednesday would stay up as would the team in 21st in L1 (can't remember who off the top of my head) and then Grimsby would also be saved from the drop to the BSP.

Which would again have quite a serious knock on effect for those clubs now staying up. They'll have already made cuts and budgets for competing at the lower level and so could possibly be quite disadvantaged by being elevated back up the league.

[Stranded]

I'd imagine that Wednesday would stay up as would the team in 21st in L1 (can't remember who off the top of my head) and then Grimsby would also be saved from the drop to the BSP.

Which would again have quite a serious knock on effect for those clubs now staying up. They'll have already made cuts and budgets for competing at the lower level and so could possibly be quite disadvantaged by being elevated back up the league.

I would imagine thats a disadvantage most would accept given the additional revenue they'd get from being up a level - particularly Weds dropping from the CCC.

Arguably given they will have shrunk their planned playing budget, they will suddenly have more money to play with and given that hardly any moves have been made as yet could end up in a stronger position.

They may even hope for a "Denmark" effect.

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

and so could possibly be quite disadvantaged by being elevated back up the league.

Surely no more disadvantaged than if they were playing in the "lower league"? Especially when you consider that the loan system is available for all bar a few weeks of the season....

[soggy biscuit]

Which would again have quite a serious knock on effect for those clubs now staying up. They'll have already made cuts and budgets for competing at the lower level and so could possibly be quite disadvantaged by being elevated back up the league.

Don't reckon they will complain though eh

[Hoop Blah]

Obviously I don't think any of them would complain about it no....

It's a disadvantage to possibly have let players go you'd have kept if you stayed up, not tried to sign a player or two you'd have wanted and been able to afford if you'd stayed up etc etc

There will probably have been support staff let go too, all sorts of impacts, but none where the club wouldn't relish the second chance they get.

[Barry the bird boggler]

It's probably all talk to try and get the deal done quicker etc.

For the record if Place di collapse then they would cease to exist so whoever wished to could reform a club that would be playing at Step 4 or 5 the season after next as it's very very unlikely that non league could wait on the possibilities of a new outfit for too long.

As regards the FL, if the fixtures are more or less done and dusted then the liklihood is that Division Two would play with 23 clubs next year with only 2 going down. Division Three would then only relegate three clubs and only one would depart Division Four etc. I would imagine that that is the most likely outcome in the event of collapse.

Of course there maybe an outside chance of Sheff Wed, Gillingham and Grimsby all being reprieved from relegation and the fixtures delayed by a week or two but my guess is that its probably too late now.

[Wimb]

It's probably all talk to try and get the deal done quicker etc.

For the record if Place di collapse then they would cease to exist so whoever wished to could reform a club that would be playing at Step 4 or 5 the season after next as it's very very unlikely that non league could wait on the possibilities of a new outfit for too long.

As regards the FL, if the fixtures are more or less done and dusted then the liklihood is that Division Two would play with 23 clubs next year with only 2 going down. Division Three would then only relegate three clubs and only one would depart Division Four etc. I would imagine that that is the most likely outcome in the event of collapse.

Of course there maybe an outside chance of Sheff Wed, Gillingham and Grimsby all being reprieved from relegation and the fixtures delayed by a week or two but my guess is that its probably too late now.

I really can't see how the Football League would allow itself to operate with 71 clubs next season if it looks like Palace will be wound up the FL will no doubt hold an AGM and boot them out before they officially cease to exist. That way it'll give them a week or so to revise the fixtures etc.

[Skyline]

As was pointed out earlier, the biggest problem is Wednesday stay up is that there is already a Sheffield club in the second tier next year.

However, if the FL have been clever enough to consider Palace being wound up (and they must have known it was a possibility), they may have already developed a fixture list which tries to avoid as much as possible SheffUtd and CP playing at home on the same days.

It may even be they are more concerned about Portsmouth, who still have the threat of a winding-up order hanging over them if they can't agree the CVA (and the Revenue seem determined not to agree to it).

[Urinal Mint]

Decision due within an hour. A few thousand Palace fans outside the bank chanting and swinging scarfs like crazed Italians. Some news released a short while ago about Selhurst Park and its future and that talks had fallen through.

[Flyingkiwi]

If the Championship goes with one team short then obviously there are issues for the 23 clubs as they lose 2 games revenue, and STH lose a game from their prepaid ticket.

Wouldn't exactly the same situation exist for League One clubs and Season Ticket holders if one fewer teams were relegated though?

[Uke]

CPFC 2010 have withdrawn from the deal according to R5L

[Uke]

CPFC 2010 have withdrawn from the deal according to R5L

What a bunch of morons.
From what I understand it hinged on a sell-on-clause for the stadium.
If you are buying a football club "for noble reasons" then why would you care about resale?
They are just PR spindoctors out to make money for themselves, so oxf*rd them.

They would have wanted proceeds from the sale to be re-invested in either a new ground or the club, which they would not be able to do if the bank wanted the profits