benjii

This is obviously the correct point to make. There are so many whiny, self-obsessed oddballs in society these days.

at this nonsense. Has a significant managerial announcement ever been made in a matchday programme at a football club? Ever? Clearly there was some sort of error. It might be one that is not readily apparent to the casual reader. Something to do with an advert, a typo, whatever. Clearly the error was not realised until a few copies had been sold. It must have been something reasonably significant to get them to pull the issue but was it anything to do with footballing operations... doubt it.

Semi is much better than James at RB. I would let James go, offer Thomas a contract on reduced terms, sign Semi and release Murty.

Regardless of your views on PHV and wind, if you don't have some sort of micro/small renewable generating capacity in your home you will subsidise the electricity bills of those who do for the next 25 years

Silly fred but you're right about the embarrassing announcer. Sack that numpty.

ITK-lite. lol.

What a big old load of gash.

Exactly.

massive lol.

If he thinks they can generate £25m revenue p.a, excluding the parachute payment, he is barking mad.

Exactly. Even funding 20% over five years is going to be a stretch for them. This recent spending spree will hurt them for years and years. That is not gettting away with it IMO.

I don't buy, in SMS, the thing about being near the away fans and atmosphere. I stand in the Northam and in 90% of matches I don't hear anything from the away fans unless there's a goal. You can rarely hear any chants. It was a bit different in the Dell; it was more intimate. I honestly don't think it would make any difference at SMS. And before an Itchen Block 1er comes on giving it the big one... the rest of the ground can't hear you either.

Er... according to others, the increase in the debt was down to HMRC, not the owners. Secondly, I don't think it has passed yet. AA has been given a mandate to prepare it for formal submission to the body of creditors. A formal vote will be carried out at some future point.

I think our revenue in the last year or so in the CCC was about £10-11m. So if we had been paying backa CVA like theirs, 20% of 20% (ie 20% over 5 years) of £130m, we would have been paying over half our annual revenue out each year on servicing it. Now I'm not sure exactly when/if the parachute payments are due, or how much but if they are outstripped by football debts for any significant period then PFC will be run on an absolute shoestring. I can't see how their revenue, with parachute payments stripped out, will be bigger than ours was in the last year or so of the CCC.

Words of comfort... hmm.... you won't have to listen to that bell any more?

^ Yep.

Yes, but the total debt figure includes secured debt which is not relevant for the purposes of the CVA so they actually have a greater share in the CVA vote. Anyway, even 25.4% would be enough

True, but then if it's a football related debt it would mean a new owner having to stump up the best part of £100m to be allowed to run it as a football club. Either way, they're absolutely ruined.

If a CVA is validly passed then it is binding on all unsecured creditors, so they would have to give up the fight at that point.

Oh, and at those who said they would get away with it also.

Also, at all the people who said HMRC were backing off or were stymied by Gordon Brown.

Awesome! Put that in your chuff Andronikou.

Was just about to post that! A come-back from 6-2 down!

Apologies - I didn't read the link and assumed you meant the Hull City player!