ciderup Posted April 5, 2012 Report Share Posted April 5, 2012 Now bear with me as I have no reason to believe or disbelieve this.... According to a massive City fan (sponsors games etc etc), administration is coming IF we go down. As Steve Lansdown is no longer, officially, anything to do with BCFC (the club) apart from as a benefactor (although his company own the stadium), putting the CLUB into admin pending relegation would massively cut his debt / loans. Starting on -10 in league 1 shouldn't be an issue but SL would essentially owe money to himself if this happened and the CLUB would be debt free afterwards. Enter the 'WHITE KNIGHT' again to save the day and £24M has dissapeared. The stadium isn't affected as it's a separate company. It makes a perverse sense the way it was described TBH but surely not? Even SL isn't that clever is he? As I said, it's probably utter bull but I can see the logic in this IF SL is no longer anything to do with the CLUB officially rather than the stadium holding company. Wass reckon? BTW, Del will keep his job if we go down according to the same bloke but lose it if we stay up, to be replaced by Mick McCarthy. Now even I think it's bull after reading it but it's a discussion which isn't about how many Cov fans will be in the Dolman! Link to comment Share on other sites More sharing options...
Phileas Fogg Posted April 5, 2012 Report Share Posted April 5, 2012 Sounds not totally out of the realms of possibility other than the McCarthy bit! Link to comment Share on other sites More sharing options...
112 Days Posted April 5, 2012 Report Share Posted April 5, 2012 I counted four 'ifs' in your post, I would guess it's highly unlikely. Don't think lansdown is the type of owner/chairman/fan to do this to his club... Link to comment Share on other sites More sharing options...
sglosbcfc Posted April 6, 2012 Report Share Posted April 6, 2012 Absolute tosh Link to comment Share on other sites More sharing options...
SeaMillsRed Posted April 6, 2012 Report Share Posted April 6, 2012 Cut his losses and run...mmmm nah I can't see it. We will go down and hopefully by the time he kicks ass at the idiots stopping the stadium we will be League 1 Champions. Playing our first game will be in the Championship once more with a better, leaner squad worthy of the Bristol City badge Link to comment Share on other sites More sharing options...
havanatopia Posted April 6, 2012 Report Share Posted April 6, 2012 Probably the only person that knows how SL will direct things at the end of the season is himself and, perhaps, his wife. Link to comment Share on other sites More sharing options...
Stephen Lewis Posted April 6, 2012 Report Share Posted April 6, 2012 Probably the only person that knows how SL will direct things at the end of the season is himself and, perhaps, his wife. So ciderup's contact must be SL's wife. Link to comment Share on other sites More sharing options...
Isawjonshaw Posted April 6, 2012 Report Share Posted April 6, 2012 would not surprise me with sextoys business skills and with the players hating training due to the monotony, we are doomed.... Link to comment Share on other sites More sharing options...
simonwheeler Posted April 6, 2012 Report Share Posted April 6, 2012 Personally I would not discount it either? Basic financial facts are that unless SL is prepared to carry on "bank rolling" the business then figures will simply not add up????? In all fairness to SL there must come a time when he thinks "Enough is enough and do I really need all this hassle" - Especially when he already has two hundred and eighty million big ones to spend on his pipe and slippers when he retires!!!! Link to comment Share on other sites More sharing options...
westonred Posted April 6, 2012 Report Share Posted April 6, 2012 This was posted on Soccer Rumours about a month ago so it must be true Link to comment Share on other sites More sharing options...
Rob k Posted April 6, 2012 Report Share Posted April 6, 2012 Just looking at what's going on at the club will tell you what's been written is an absolute load of bollocks. (not saying hes not been told this) If SL puts the club in to Admin who do you think would lose the most? Link to comment Share on other sites More sharing options...
Port Said Red Posted April 6, 2012 Report Share Posted April 6, 2012 so hang on...if I am reading this right..... SL would wipe out his own debt to the club only to then come back in with a fresh amount of money to start bank rolling everything again? This prompts a couple of questions for me. Why wouldn't he just write off the existing debt and then invest some more money (something he always said he didnt want to do)Why would we need to go into administration for this to happen. In all but name he owns this club, he can decide not to owe himself money or not, maybe there are better financial minds out there that could see a benefit to this (tax maybe?) but I am struggling. The DM MM stuff is complete bollocks Link to comment Share on other sites More sharing options...
MrVinta8 Posted April 6, 2012 Report Share Posted April 6, 2012 Now bear with me as I have no reason to believe or disbelieve this.... According to a massive City fan (sponsors games etc etc), administration is coming IF we go down. As Steve Lansdown is no longer, officially, anything to do with BCFC (the club) apart from as a benefactor (although his company own the stadium), putting the CLUB into admin pending relegation would massively cut his debt / loans. Starting on -10 in league 1 shouldn't be an issue but SL would essentially owe money to himself if this happened and the CLUB would be debt free afterwards. Enter the 'WHITE KNIGHT' again to save the day and £24M has dissapeared. The stadium isn't affected as it's a separate company. It makes a perverse sense the way it was described TBH but surely not? Even SL isn't that clever is he? As I said, it's probably utter bull but I can see the logic in this IF SL is no longer anything to do with the CLUB officially rather than the stadium holding company. Wass reckon? BTW, Del will keep his job if we go down according to the same bloke but lose it if we stay up, to be replaced by Mick McCarthy. Now even I think it's bull after reading it but it's a discussion which isn't about how many Cov fans will be in the Dolman! Complete and utter shite ( The whole post ) Link to comment Share on other sites More sharing options...
Robbored Posted April 6, 2012 Report Share Posted April 6, 2012 Complete and utter shite ( The whole post ) Yep, completely right. Its bollux. Link to comment Share on other sites More sharing options...
Nibor Posted April 6, 2012 Report Share Posted April 6, 2012 Utter shite. He's the main creditor, what's he gpnna do? Agree a CVA with himself? Fails the giggle test. Link to comment Share on other sites More sharing options...
WuTang Posted April 6, 2012 Report Share Posted April 6, 2012 Get a grip guys - this makes no sense whatsoever! The majority of debt BCFC has is to SL. May be there would be some kind of tax advantage from writing off a bad debt, I doubt it, but in any case there is no way 10 points would be forgone. Link to comment Share on other sites More sharing options...
Redhyde Posted April 6, 2012 Report Share Posted April 6, 2012 Some say that Steve Lansdown knows 2 facts about ducks, and both of them are wrong, all I know is, this is possibly the most nut jobbery thread that Never To the Darkside didn't start Link to comment Share on other sites More sharing options...
Super Posted April 6, 2012 Report Share Posted April 6, 2012 City in Administration, Albert eating a Chinese?? What next??!! Link to comment Share on other sites More sharing options...
bristolcitysweden Posted April 6, 2012 Report Share Posted April 6, 2012 As I understand it we don't have much debt. Money put in by Steve is not debt but restricted equity/new shares. Administration would be pointless. Link to comment Share on other sites More sharing options...
Dolman Block B Posted April 6, 2012 Report Share Posted April 6, 2012 Now bear with me as I have no reason to believe or disbelieve this.... According to a massive City fan (sponsors games etc etc), administration is coming IF we go down. As Steve Lansdown is no longer, officially, anything to do with BCFC (the club) apart from as a benefactor (although his company own the stadium), putting the CLUB into admin pending relegation would massively cut his debt / loans. Starting on -10 in league 1 shouldn't be an issue but SL would essentially owe money to himself if this happened and the CLUB would be debt free afterwards. Enter the 'WHITE KNIGHT' again to save the day and £24M has dissapeared. The stadium isn't affected as it's a separate company. It makes a perverse sense the way it was described TBH but surely not? Even SL isn't that clever is he? As I said, it's probably utter bull but I can see the logic in this IF SL is no longer anything to do with the CLUB officially rather than the stadium holding company. Wass reckon? BTW, Del will keep his job if we go down according to the same bloke but lose it if we stay up, to be replaced by Mick McCarthy. Now even I think it's bull after reading it but it's a discussion which isn't about how many Cov fans will be in the Dolman! Do i know the person who told you this Tim? Pm me or text. Cant see SL doing that and the club start on minus 10. Never mate Link to comment Share on other sites More sharing options...
Barrs Court Red Posted April 6, 2012 Report Share Posted April 6, 2012 What a crock of shit. Link to comment Share on other sites More sharing options...
Brizzle Jordan Posted April 6, 2012 Report Share Posted April 6, 2012 City to go into administration with an owner who loves this club and is worth over 500M? Seriously... have a day off. If we get relegated we will lose the big earners and will lower wages. Del will be here if we stay up, if we go down I am not too sure but I hope he is. I would be interested to see what he can achieve with more new players and a whole summer. Link to comment Share on other sites More sharing options...
6oclockcrew Posted April 6, 2012 Report Share Posted April 6, 2012 Load of rubbish, on a rumour website I heard the same. Even if we stay in champs our debt is massive, but were being bankrolled by the lovely Mr L Link to comment Share on other sites More sharing options...
Simez Posted April 6, 2012 Report Share Posted April 6, 2012 with the players hating training due to the monotony, we are doomed.... Really? Who said that? All I've ever seen is quotes from Carey bigging up McInnes. Link to comment Share on other sites More sharing options...
ciderup Posted April 6, 2012 Author Report Share Posted April 6, 2012 Just look at the OP and his track record 'nuff said. Pardon?? I never said any of it was true, just what I was told. Wether the person got it from a rumours site, I haven't a scooby. Apologies if people think I was scaremongering as I wasn't. Just repeating a conversation. As for 10 minutes of rough's comments about my 'track record', please expand. Link to comment Share on other sites More sharing options...
Swede Posted April 6, 2012 Report Share Posted April 6, 2012 Probably the only person that knows how SL will direct things at the end of the season is himself and, perhaps, his wife. certainly not his puppet boardroom Link to comment Share on other sites More sharing options...
havanatopia Posted April 6, 2012 Report Share Posted April 6, 2012 certainly not his puppet boardroom have to agree there. Link to comment Share on other sites More sharing options...
Tenyards Posted April 6, 2012 Report Share Posted April 6, 2012 Makes no sense...and even if it did for tax reasons then it would be better to go into administration on the morning of the last day of this season and have 10 points deducted this season so as not to jeopardise next year!! Link to comment Share on other sites More sharing options...
aller g Posted April 6, 2012 Report Share Posted April 6, 2012 Do people still think we are losing big money? We run at a loss for a reason.... Link to comment Share on other sites More sharing options...
And Its Smith Posted April 6, 2012 Report Share Posted April 6, 2012 I was told tonight that people who post things like this without realising for themselves that it is complete shite as3 idiots. Hey, i was just told this, doesn't mean i think it. Link to comment Share on other sites More sharing options...
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