Whitey Grandad

The subsequent post says CET so that would be 12 noon for us.

Excellent, far too sensible and realistic for here It's when we're selling to clubs outside the top half dozen that we should be concerned.

I meant to refer to home games. It's different now that we can sell our seats for games we can't make but previously the small discount was offset by the ones we missed. Several times there has been no priority for you regular seat for cup games. It's very rare that I can buy a seat for away games, these go to those who can go regularly away. I'm not complaining about this, but very often I can't get an away ticket. It would be straightforward to include a membership with a season ticket.

Ah, I see what you mean. So that means a ST holder is no different from any other bod?

I'm inclined to agree with you. I've forked out over £1400 for two tickets and if I want to take any of the rest of my family I'm supposed to shell out again.

Sad indeed. Life is not fair.

Thanks for the pics. Pics 3 & 6 are Graziano Pellè

Phew! Nice work

Leaking dykes are a more common emergency over there, I hear.

Yes indeed, a very good commercial proposition, which is the main reason that Markus could be convinced to put in some money. I'm sure we could agree that the cost of doing this was much lower (Lowe-r?) than if we had been a going concern. My main point was intended to be about the situation regarding Morgan, in that at the time we went bust he was worth very little and any increase in the 6 years or so since then are hardly any credit to Lowe. No, as I understand it Lowe (and the club) got caught out by the sudden removal of an overdraft facility, something which has caught out many other companies. He was certainly a victim of unfortunate circumstances but I feel that with better stewardship we might have fared better. His vision was right even if his implementation wasn't.

Yes, he put in that much but how much of went to paying off debts? The relevant question is how much the shareholders received.

Sudoku? Crossword? Word Search?

Yes, extremely unlikely as we have seen from events down the road, but there was no value in the club or the existing shareholders would have received their share of it. We were fortunate that our benefactor Markus was persuaded to invest his money and take over the mess but he was shouldering the debts and picking up the scraps. I maintain that under Lowe's stewardship the club's value had effectively shrunk to zero.

Meh, should have flown straight to Eastleigh.

Yes, we were a good proposition for someone who was prepared to inject some serious money, but the value of the club was at rock bottom. Any value in the assets was offset by the debts and liabilities, which can never be ignored.

It would be quicker to teach an ant. Until there is a buyer there is little value in the company. Scrap gold, scrapped cars, they all have some value but this is not as much as a going concern. Now go and read this and learn something: http://www.begbies-traynorgroup.com/articles/director-advice/difference-between-company-administration-and-liquidation I have been patient with you beyond the call of duty. Now go and take your personal attacks and have a go at somebody else. You have got tedious beyond belief. Goodbye.

This place maybe? http://www.nuffieldhealth.com/hospitals/wessex Just across the road from Kelvin

Prutton, Wotton, Wot's the difference.

Try reading before you post. If no buyer can be found then we are left with liquidation value

Yes indeed. Portsmouth (for example) went bust with an expensive team and no infrastructure whereas we were the opposite, which made us more attractive to possible purchasers.

You really are a first class arsehole. When a company is bust then all that is left is scrap and is sold for the best price can be obtained. If no buyer can be found then we are left with liquidation value, or 'scrap' as some like to call it. Now go away and write about something that you actually know about, if anything.

I agree. Lowe gave it a go by making the funds available to Reknapp but that didn't work out and I won;t hold him to account for that. Perhaps we should lay some blame at his door for the timimg of the administration and the points penalty?

And 2008 to 2009? In my view Lowe was responsible for us going bust (into administration) and nothing else is relevant. Once this had happened any investments he wqs responsible for or assets he had acquired were only scrap value. Anthing since then is irrelevant to any discussion about his achievements. (It's probably best to avoid any mention of any member's family)

But he didn't run us within our means whilst he was here or we wouldn't have been insolvent.

And if you earn £700k in Britain? Not far off that if you include employer's NI, over 48.5%. (I don't know what the employer's contributions are over there).