Administration

[Wimb]

Risdale?

[Pseud O'Nym]

I'll hire the fish tank.

[Cureton's Volley]

Women's football needs to work out a way of becoming financially viable

I do believe this international match was a sell out:

[SPARTA]

FWIW, the people behind Reading-Guide.co.uk have been told that it is 50/50 if we start the season on -10 points, and they adamant it's a reliable source.

[winchester_royal]

Isn't most of our debt owed to the Zingarevich family? What would they gain by putting us into administration? They'll get 10p in the pound for whatever they're owed and destroy what little value the club has left.

Can't see it. We need to cut our costs so we're no longer running a loss, but when you still have 3 years of parachute money left to come in it won't be hard to get a loan to cover any temporary shortfalls.

Plus Reading-Guide.co.uk has a 0% strike rate on transfer rumours so I'm not running for the hills just yet.

[Elm Park Pasty]

Isn't most of our debt owed to the Zingarevich family? What would they gain by putting us into administration? They'll get 10p in the pound for whatever they're owed and destroy what little value the club has left.

Can't see it. We need to cut our costs so we're no longer running a loss, but when you still have 3 years of parachute money left to come in it won't be hard to get a loan to cover any temporary shortfalls.

Plus Reading-Guide.co.uk has a 0% strike rate on transfer rumours so I'm not running for the hills just yet.

+1 No sensible owner would put their own company into administration because of the fall out. Firstly, you may not get your losses back if the other footballing debts come first, second as Winchester Royal so accurately pointed out, your chances of getting any sort of price for your % of the entity is next to zero. I could understand it if some huge creditor was out there (what did happen to that HMRC claim that popped up out of nowhere?) but from what I have read on here and Twitter that does not appear to be the case.

[Royal Lady]

Wasn't there an earlier ITK rumour that we'd already borrowed against all the parachute money?

[winchester_royal]

There was evidence of us borrowing against the first year's money, as relegated clubs often do, but we still have 3 more years of the stuff.

[melonhead]

There was evidence of us borrowing against the first year's money, as relegated clubs often do, but we still have 3 more years of the stuff.

if this years was already borrowed, and we dont get next years till after the season, that will leave us oxf*rd for next year, especially if the banks now see us as an administration risk and refuse to lend us against teh future parachutes

[winchester_royal]

There was evidence of us borrowing against the first year's money, as relegated clubs often do, but we still have 3 more years of the stuff.

if this years was already borrowed, and we dont get next years till after the season, that will leave us oxf*rd for next year, especially if the banks now see us as an administration risk and refuse to lend us against teh future parachutes

Don't know the ins and outs, but as it's a guaranteed revenue stream I'll be very surprised if we can't find some way of lending against it. Just might have accept slightly less favourable rates as the risk increases...

[Royal Rother]

There was evidence of us borrowing against the first year's money, as relegated clubs often do, but we still have 3 more years of the stuff.

if this years was already borrowed, and we dont get next years till after the season, that will leave us oxf*rd for next year, especially if the banks now see us as an administration risk and refuse to lend us against teh future parachutes

I suspect it is more a case of borrowing say £5m in advance of the parachute money coming in this / next month. Likely to be a rolling renewable facility for next year as well but contrary to what some people seem to think it will not be a facility which allows us to draw down the entirety of the parachute payments.

But I think I've been here before with this line and it's the scaremongering which usually wins the day.

[melonhead]

yay!


all power to the mongers

[Ian Royal]

Wasn't there an earlier ITK rumour that we'd already borrowed against all the parachute money?

As ITK as Sparta's latest 5th hand scare mongering

[Extended-Phenotype]

Fishmonger
Ironmonger

What else can you mong?

[Ian Royal]

Fishmonger
Ironmonger

What else can you mong?

mongmonger

[Major Monkey]

Oh no I just piddled lemonade in my panties does anyone have a lemon I can cuddle

[Pepe the Horseman]

Get yourself over to lemonparty.org

[Extended-Phenotype]

Or

http://www.nhs.uk/conditions/depression/pages/introduction.aspx

[PieEater]

A club is pretty much certain to want to pull forward the parachute payments as you have to pay inflated salaries through the season. It's a daft arrangement.

[RoyalBlue]

It gets better with every tournament, unlike the men's game.

Give it another 20-30 years and it'll be as good as the men's game.

As with most sports, the women would never beat the men, but the skill and entertainment will be of equal standard.

Spot on. Those talking about poor standards, snail's pace and shit keepers are dinosaurs living in the past.

Much more entertainment and skill from the England Womens team than the men's at present. Walking the world cup qualifiers. Played 6, Won 6, Scored 33, Conceded 0. Yes, there are some poor teams in their group (but at least they are beating them easily, unlike their male counterparts) but there are also a couple of decent teams too.

And if you want to see a bit of pace & skill, watch this from 13 seconds in. http://www.youtube.com/watch?v=EDOrKPN01w4&list=UUnQpt1UxLq00NFULxTDHMww

Fran Kirby is way too good.

And now Mark Sampson, the England manager, thinks so too! http://www.thefa.com/news/england/womens/2014/may/squad-belarus-ukraine-fran-kirby-karen-bardsley

Just to bring this back on topic, perhaps JM will be tempted to sell her to Chelsea to help stave off administration!