CotswoldRed Posted March 24, 2009 Report Share Posted March 24, 2009 "Hundreds of players in the Championship, League One and League Two are in danger of being out of work this summer as up to 10 clubs could go bust because of the economic crisis". (Daily Mirror) I know Stockport's situation is grim, but who else is that close to going into administration and possibly liquidation? Luton? Charlton? any others in the championship? I'm sure the Mirror know nothing too specific as the truth isn't their strong point, but the crunch is bound to take a few out. Link to comment Share on other sites More sharing options...
CiderHider Posted March 24, 2009 Report Share Posted March 24, 2009 Considering most Football chairman/owners are business retards when it comes to running football clubs this figure is not surprising. Will be interesting to see.. I only hope Cardiff, Wolves, Birmingham and Reading go into administration, today would be preferable, that would be great timing. Link to comment Share on other sites More sharing options...
CiderSomerset Posted March 24, 2009 Report Share Posted March 24, 2009 Southampton are, allegedly, waiting until the end of the season before deciding whether to go into administration or not.. Depends on whether they are relegated or not.. Link to comment Share on other sites More sharing options...
cheese Posted March 24, 2009 Report Share Posted March 24, 2009 The only time I'd like to see the G*s in a top ten position!! Link to comment Share on other sites More sharing options...
Barrs Court Red Posted March 24, 2009 Report Share Posted March 24, 2009 Clubs may go into admin, but there's no way we will see 10 Scarboroughs. I can imagine alot of non league clubs disappearing, too many clubs were chucking around silly money and now find themselves utterly shafted. A little birdy tells me the local scene may be utterly changed in the next 12 months......... Link to comment Share on other sites More sharing options...
CiderHider Posted March 24, 2009 Report Share Posted March 24, 2009 Clubs may go into admin, but there's no way we will see 10 Scarboroughs. I can imagine alot of non league clubs disappearing, too many clubs were chucking around silly money and now find themselves utterly shafted. A little birdy tells me the local scene may be utterly changed in the next 12 months......... Care to elaborate moomin? Link to comment Share on other sites More sharing options...
ookman Posted March 24, 2009 Report Share Posted March 24, 2009 Southampton are, allegedly, waiting until the end of the season before deciding whether to go into administration or not.. Depends on whether they are relegated or not.. There is a cut off date of around the 26th March. If clubs go into administration after this date the 10 point deduction would begin the following season Link to comment Share on other sites More sharing options...
SUMMAT OUTTA NOWT Posted March 24, 2009 Report Share Posted March 24, 2009 This is why as someone pointed out in another thread we don,t need a 20 grand a week striker to pose and lose the club money. I am sure Norwich ain,t that far off, nor Oldham and to be honest i thought there would be more. Link to comment Share on other sites More sharing options...
CotswoldRed Posted March 24, 2009 Author Report Share Posted March 24, 2009 There is a cut off date of around the 26th March. If clubs go into administration after this date the 10 point deduction would begin the following season Yep its the 26th. If admin takes place after the 26th the deductions will begin next season. If, however, the 10 point penalty is enough to relegate you this season (and you would otherwise stay up) it would be then brought forward to this season. Link to comment Share on other sites More sharing options...
Mr Mosquito Posted March 24, 2009 Report Share Posted March 24, 2009 This is why as someone pointed out in another thread we don,t need a 20 grand a week striker to pose and lose the club money. I am sure Norwich ain,t that far off, nor Oldham and to be honest i thought there would be more. Clubs in our division and above going bust may be our ticket to the Premier League. I'm pretty sure The Arsenal got promotion to the top flight by default many years ago and have been there ever since. If I had my way I'd divert money from corrupt bankers' and politicians' pensions and salaries into this football club - thus stimulating the South Bristol economy. "Bankers must be impoverished so that we can enjoy top flight football" should be our battle cry. Link to comment Share on other sites More sharing options...
Slave to the rhythm Posted March 24, 2009 Report Share Posted March 24, 2009 Clubs in our division and above going bust may be our ticket to the Premier League. I'm pretty sure The Arsenal got promotion to the top flight by default many years ago and have been there ever since. If I had my way I'd divert money from corrupt bankers' and politicians' pensions and salaries into this football club - thus stimulating the South Bristol economy. "Bankers must be impoverished so that we can enjoy top flight football" should be our battle cry. And what makes you think that we won't be one of the clubs going bust? We only survive thanks to the generosity of Steve Lansdown, and if something happened to him........we'd be forked. Link to comment Share on other sites More sharing options...
Barrs Court Red Posted March 24, 2009 Report Share Posted March 24, 2009 Care to elaborate moomin? I don't mean pro clubs round here, but alot of Western league sides ect bankrolled by builders ect in the last few years are screwed, I won't name the ones I've been told are under serious threat, but I doubt any would come as a major suprise. Link to comment Share on other sites More sharing options...
Gibbs Posted March 24, 2009 Report Share Posted March 24, 2009 Southampton are, allegedly, waiting until the end of the season before deciding whether to go into administration or not.. Depends on whether they are relegated or not.. Cutting off corners of their stadium because they can't afford it, laying off the majority of staff, poor ticket sales, poor season ticket sales (that was the situation at the start of the season anyway). Definitely on the brink of it. Link to comment Share on other sites More sharing options...
bs3 Posted March 24, 2009 Report Share Posted March 24, 2009 Clubs may go into admin, but there's no way we will see 10 Scarboroughs. I can imagine alot of non league clubs disappearing, too many clubs were chucking around silly money and now find themselves utterly shafted. A little birdy tells me the local scene may be utterly changed in the next 12 months......... Lets just hope and prey it Rovers you are talking about. Link to comment Share on other sites More sharing options...
mart Posted March 24, 2009 Report Share Posted March 24, 2009 for once.. comon u gaz, get in there :yahoo: Link to comment Share on other sites More sharing options...
CiderSomerset Posted March 24, 2009 Report Share Posted March 24, 2009 Yep its the 26th. If admin takes place after the 26th the deductions will begin next season. If, however, the 10 point penalty is enough to relegate you this season (and you would otherwise stay up) it would be then brought forward to this season. True, from what I was told they were very close to it a few weeks ago, but due to a few wins they held off in the hope they would stay up and could try to find a way around it... Link to comment Share on other sites More sharing options...
motty Posted March 24, 2009 Report Share Posted March 24, 2009 cheltenham i hate to say it will be one after saying all there players can go if they want too Link to comment Share on other sites More sharing options...
CotswoldRed Posted March 25, 2009 Author Report Share Posted March 25, 2009 And what makes you think that we won't be one of the clubs going bust? We only survive thanks to the generosity of Steve Lansdown, and if something happened to him........we'd be forked. I thought Lansdowns investment is essentially in shares. That means he can't "call his debts in" as such. Isn't it the case that he'd have to find someone to buy all his shares to effectively run off? Link to comment Share on other sites More sharing options...
Scrumpy Dziek Posted March 25, 2009 Report Share Posted March 25, 2009 If admin takes place after the 26th the deductions will begin next season. If, however, the 10 point penalty is enough to relegate you this season (and you would otherwise stay up) it would be then brought forward to this season.Is it also brought forward if the deduction is enough to deny promotion? Link to comment Share on other sites More sharing options...
CotswoldRed Posted March 25, 2009 Author Report Share Posted March 25, 2009 Is it also brought forward if the deduction is enough to deny promotion? Not sure if that has been thought of actually ... though administration is unlikely to afflict any club being promoted. Would be far easier to convince Inland Revenue and Banks to avoid admin. Link to comment Share on other sites More sharing options...
ookman Posted March 25, 2009 Report Share Posted March 25, 2009 Not sure if that has been thought of actually ... though administration is unlikely to afflict any club being promoted. Would be far easier to convince Inland Revenue and Banks to avoid admin. Darlington were in a playoff place until administration cost them 10 points, would still be there if the points were not deducted Link to comment Share on other sites More sharing options...
will alwayes beleve Posted March 25, 2009 Report Share Posted March 25, 2009 The only time I'd like to see the G*s in a top ten position!! that was good!!!!! Link to comment Share on other sites More sharing options...
Guest MaloneFM Posted March 25, 2009 Report Share Posted March 25, 2009 From a paper that bought you Orr to Liverpool and Gary Johnson to Watford Charlton West Ham QPR is not one I'd trust to even tell me todays date. Link to comment Share on other sites More sharing options...
22A Posted March 26, 2009 Report Share Posted March 26, 2009 This morning on Sky Sports News they stated that today is the deadline day for Administration. This prevents clubs from waiting to see if they're relegated or not before applying. Meanwhile Wigan's Chairman has stated "A Premier League club will go bust". Since many clubs owe money to many other clubs, if three went under the knock on effect would be felt through most of the League. Link to comment Share on other sites More sharing options...
The Casual Connoisseur Posted March 26, 2009 Report Share Posted March 26, 2009 Ok, Cardiff are in a lot of debt and next year will share the new rugby stadium with Cardiff Blues, presumably the money made from the sale of the Ninian Park will not see the light of day as I believe they don't own Ninian Park. If they fail to gain promotion (which looked likely until the FA/WFA rescinded McCormacks straight red and reduced Guipes ban to one game), then they will have to sell, Johnson, Ledley and McCormmack will leave and D Jones may well follow. The exodus could leed to a spiraling descent down the football ladder. I think Cardiff could in the next 2/3 years come very close to folding, providing they fail to gain promotion this season. Well heres hoping anyway. Link to comment Share on other sites More sharing options...
Barrs Court Red Posted March 26, 2009 Report Share Posted March 26, 2009 Ninnian was given to Redrow I believe, as part payment for the new build. Will the council own this new ground or will it be the football club? I suspect the prem club could well be Everton, but then Stokes owners are Icelandic (so will be skint) and portsmouths money worries are well documented. Link to comment Share on other sites More sharing options...
edson Posted March 26, 2009 Report Share Posted March 26, 2009 Ninnian was given to Redrow I believe, as part payment for the new build. Will the council own this new ground or will it be the football club? I suspect the prem club could well be Everton, but then Stokes owners are Icelandic (so will be skint) and portsmouths money worries are well documented. I'd suspect West Ham may be a more likely shout. Icelandic owner, £20m owed to Sheffield United over the Tevez saga and others making legal claims (Fulham, Leeds and Warnock, to name but three), must surely see them hanging on by their fingernails. Link to comment Share on other sites More sharing options...
roylegalatyeo Posted March 26, 2009 Report Share Posted March 26, 2009 hi,I'm new to theforum,but I just wondered how much the gaswork clowns are responsible for Cheltenhams plight? Link to comment Share on other sites More sharing options...
havanatopia Posted March 26, 2009 Report Share Posted March 26, 2009 I don't mean pro clubs round here, but alot of Western league sides ect bankrolled by builders ect in the last few years are screwed, I won't name the ones I've been told are under serious threat, but I doubt any would come as a major suprise. Puxton in trouble i hear. real shame. Link to comment Share on other sites More sharing options...
SUMMAT OUTTA NOWT Posted March 26, 2009 Report Share Posted March 26, 2009 Portsmouth will be the prem club i believe but as for Cheltenham if the Gas can be blamed, BLAME THEM. Link to comment Share on other sites More sharing options...
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