Generic clubs in financial crisis Thread

5745 posts
User avatar
Kitson12
Hob Nob Regular
Posts: 2172
Joined: 30 Mar 2005 18:47
Location: Challenge42 World Record Holder!!

Re: Generic clubs in financial crisis Thread

by Kitson12 » 31 May 2010 22:50

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

User avatar
Dirk Gently
Hob Nob Super-Addict
Posts: 11811
Joined: 08 Sep 2005 13:54

Re: Generic clubs in financial crisis Thread

by Dirk Gently » 31 May 2010 23:03

Kitson12 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.

User avatar
PieEater
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 6542
Joined: 14 Apr 2004 15:42
Location: Comfortably numb

Re: Generic clubs in financial crisis Thread

by PieEater » 01 Jun 2010 08:50

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
Hob Nob Regular
Posts: 3996
Joined: 08 Oct 2008 10:00

Re: Generic clubs in financial crisis Thread

by Sun Tzu » 01 Jun 2010 09:42

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.

User avatar
Skyline
Member
Posts: 841
Joined: 14 Apr 2004 13:50
Location: The squirrel's not important

Re: Generic clubs in financial crisis Thread

by Skyline » 01 Jun 2010 09:57

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.


User avatar
TFF
Hob Nob Addict
Posts: 5321
Joined: 20 Jan 2006 09:17
Location: Running to the hills

Re: Generic clubs in financial crisis Thread

by TFF » 01 Jun 2010 10:20

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
Hob Nob Regular
Posts: 4396
Joined: 06 Dec 2005 21:10
Location: cutting them all away for four runs

Re: Generic clubs in financial crisis Thread

by readingbedding » 01 Jun 2010 10:57

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.

User avatar
Wimb
Hob Nob Regular
Posts: 4397
Joined: 21 Nov 2005 09:43
Location: www.thetilehurstend.com

Re: Generic clubs in financial crisis Thread

by Wimb » 01 Jun 2010 11:29

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.

User avatar
Hoop Blah
Hob Nob Super-Addict
Posts: 13937
Joined: 14 Apr 2004 09:00
Location: I told you so.....

Re: Generic clubs in financial crisis Thread

by Hoop Blah » 01 Jun 2010 12:53

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.


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
Hob Nob Subscriber
Hob Nob Subscriber
Posts: 20228
Joined: 14 Apr 2004 12:42
Location: Propping up the bar in the Nags

Re: Generic clubs in financial crisis Thread

by Stranded » 01 Jun 2010 12:57

Hoop Blah
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.


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.

User avatar
T.R.O.L.I.
Hob Nob Addict
Posts: 6526
Joined: 17 Mar 2005 14:47
Location: 2 down, far right - Still recovering from the weekend's excesses

Re: Generic clubs in financial crisis Thread

by T.R.O.L.I. » 01 Jun 2010 12:58

Hoop Blah 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....

User avatar
soggy biscuit
Hob Nob Addict
Posts: 8524
Joined: 04 Nov 2004 20:29
Location: BURNING VARIOUS NATIONAL FLAGS

Re: Generic clubs in financial crisis Thread

by soggy biscuit » 01 Jun 2010 13:01

Hoop Blah 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

User avatar
Hoop Blah
Hob Nob Super-Addict
Posts: 13937
Joined: 14 Apr 2004 09:00
Location: I told you so.....

Re: Generic clubs in financial crisis Thread

by Hoop Blah » 01 Jun 2010 13:12

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
Hob Nob Addict
Posts: 8153
Joined: 06 Aug 2006 08:34
Location: in my bird boggler

Re: Generic clubs in financial crisis Thread

by Barry the bird boggler » 01 Jun 2010 13:22

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.

User avatar
Wimb
Hob Nob Regular
Posts: 4397
Joined: 21 Nov 2005 09:43
Location: www.thetilehurstend.com

Re: Generic clubs in financial crisis Thread

by Wimb » 01 Jun 2010 13:47

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.


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.

User avatar
Skyline
Member
Posts: 841
Joined: 14 Apr 2004 13:50
Location: The squirrel's not important

Re: Generic clubs in financial crisis Thread

by Skyline » 01 Jun 2010 13:54

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
Member
Posts: 276
Joined: 06 May 2010 17:31

Re: Generic clubs in financial crisis Thread

by Urinal Mint » 01 Jun 2010 14:09

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.

User avatar
Flyingkiwi
Hob Nob Regular
Posts: 1410
Joined: 04 Nov 2004 06:33
Location: 雷丁足球队在中国最大的拥护者

Re: Generic clubs in financial crisis Thread

by Flyingkiwi » 01 Jun 2010 14:44

Sun Tzu 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?
Last edited by Flyingkiwi on 01 Jun 2010 14:46, edited 1 time in total.

User avatar
Uke
Hob Nob Legend
Posts: 23150
Joined: 17 Apr 2004 16:24
Location: Слава Україні! Героям слава! @UkeRFC

Re: Generic clubs in financial crisis Thread

by Uke » 01 Jun 2010 14:45

CPFC 2010 have withdrawn from the deal according to R5L

User avatar
Uke
Hob Nob Legend
Posts: 23150
Joined: 17 Apr 2004 16:24
Location: Слава Україні! Героям слава! @UkeRFC

Re: Generic clubs in financial crisis Thread

by Uke » 01 Jun 2010 15:04

Ideal
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

5745 posts

Who is online

Users browsing this forum: No registered users and 109 guests

It is currently 20 Nov 2024 06:35