Let me get this straight... The Football Club and the PLC are separate legal entities so the fact that the PLC who happen to own the club, amongst other things, goes into administration may not necessarily have any bearing on the operation of the Football Club. Presumably it will all boil down to whether the club will have received any write-off of debts, preferential loans, all that sort of thing, that would give it an 'unfair' advantage over other clubs in the same league. So what I am saying is, the decision to apply any sanction to us will depend on the specific details of the relationship between the PLC and the Club. have I got it right?