Ah well, Blackpool fall behind, West Ham don't have any sort of decent keeper backup for the next three games, so not the worst outcome we could have had.
Since the previous CVA has been reduced without the creditors agreeing to it, they've failed to exit the previous admin via the agreed CVA.
I reckon the total points deduction heading their way could well kill off any remaining interest from buyers.
Pretty much.
Admin has delayed the immediate problem of the WUP, but it was a relatively small debt that pushed them into that.
It still doesn't solve the problem of income not being nearly enough to cover costs, which is what's been putting off buyers more than anything else.
Once again they're on a clock, but without Andronikou's incentive to keep them going.
That's not cut and dried.
They still have Chanrai with the keys to the stadium, and Gaydamak with the land.
In fact, now that Chanrai's lost his puppet, he may well claim the stadium, as I'm pretty certain they'll have missed payments on it.
Their lineup apparently: Green, O'Brien, Taylor, Faye, Reid, Tomkins, Noble, Collison, Faubert, Vaz Te, Cole
So no Maynard by the look of it.
Feeling confident. It is Saint Valentine's Day after all
So it looks like they're going to use the advance parachute money to fund administration instead of using it to pay back HMRC...
Probably gives them a slightly better chance of survival, IF permission to enter admin is granted.
Considering their problem is day to day cash-flow, rather than repayments on debt, I'm not sure how it'd help though.
They do seem to be getting more bitter and vengeful towards us 'scummers' as the end draws near don't they?
Funny how quickly it's gone from them having a billionaire owner while we were on the brink of extinction to... well... the complete opposite.