Window Cleaner

Well I'm sure you're right Derry. However to me this is just ledgerbook juggling. The PLC's debts come from the FC Ltd and the FL will see it exactly that way.If they don't everybody will jump on the bandwagon and buy Kaka with money they don't have and simply transfer the cost to an Aims listed PLC expressly.

but we know that Barclay's is 4,110,000£ .The stadium is about 23 million (from yesterday) so we owe other people at least 3 million £. The OD has gone down, but they won't renew it for next year so it's pay up or else from May onwards. We needed to sell some STs, nobody would have bought them in March anyway so we're f**ked.It really is simple. No STs in March, no money, no ongoing affair.Saga+Rasiak+Skacel+Thomas for May,June and July when there's no football = 500K, plus all the others. No one is going to buy them we know that as a fact.

Administration protects assets for a certain period. meaning no-one can sue us for 15 bob and walk away with the keys to SMS.In the US it's called Section 11 I think.It's designed to ensure that all creditors get a fair deal and some loud mouthed process slinger gets his and everybody else (including the staff) get f all.

I think there maybe a compromise.We'll promise to not play very well (as per usual) and go down quietly and they'll not dock us 10 next season. Nah, no Machiavellis at the Football League surely.

Labour Law (or Labor Law as they would have it) is a complete circus in the US. Very few employees have any rights. The company is in difficulty? well thanks and goodbye cos we have to "let you go"

Did someone say they did Bournemouth FC admin?? Isn't that a but of a f*cking mess right now? I lost track of it when LifeLong got involved.

No,that isn't the case at all. Preferential creditors I think.As long as the club is deemed a going concern (provided they are employed by SFC Ltd) we owe them their salary. This is why the admins say we're no longer viable beyond the end of the season.Obviously if the club can't pay the PFA might step in. But as we're trying to create the illusion that the club is viable and solvent (so as not to get -10 )not paying wages and asking for PFA intervention is a big no no.

Our trouble is we have I think 4 or 5 players(amongst others) with ongoing contracts for at least next season compelling us to pay them a total of about 2 million £. Unless we can cover that (that'd be 8000 or so STs at £320 (less VAT of course) it's no point flogging the dead horse any more.Those players need to realise that and agree to **** off for free.

No because if you go into admin after the deadline and avoid relegation by doing so you get hit with -10 for the present season.If you're not 10 points and a better GD above the last relegation place you go down. End of. We will get -10 and we will go down.Count on it.Otherwise football clubs will just run under an umbrella company, spend money reckless and when they can't pay they will say Oh it's not us it's them.When the FA asks for proof of how a holding company that does very little else than run a football club can run up 30 million debts it's another matter. Unless of course the administrators can persuade the league that our football expenses ie Match day revenue+TV money actually cover all the footballing costs, players, travelling, theoretical rent of stadium etc we will get nothing but a sharp kick in the ass. The annual accounts say otherwise TV revenue + Matchday don't even cover last seasons player+coach salary bill, let alone travelling etc.

Because we don't have enough money? The trust managed to find people to buy a whole 20000 shares,where are you all suddenly going to get even a fair percentage of 30 million from.

Has she got big tits?

Well string the punter along as long as you can to make sure they turn up for the last 3 games to get money for the creditors.When all's said and done we'll end up with a points deduction.

Meaning we borrowed money from somewhere other than Barclay's to partially pay back Barclay's to carry on trading ??? Or we owe money to other clubs that we didn't at the end of last season,or we haven't been paying our VAT..

It also says the club continues under "it's directors" who's that then.

Leeds creditors were largely private, like Bates who had already loaned them 15 million, he was just paying himself back. I can't remeber the precise details but it was the IR who got shafted in the main.

A "good buyer" is whoever has the most money on offer. This isn't a Malawian adoption you know,the PLC owes money, the administrators job is to recover as much as is possible for the creditors. I don't think Lowe has anywhere near enough, Wilde will just give the place a wide berth from here onwards. Don't dream about Crouch either, serious money is required.Not 2 million £ attached to his pocket with a bit of knicker elastic.

I don't think we have that many posters.

He wasn't ever on any board, he's the head coach. The administrators are running everything. The football club lost the money by hiring (crap) players they couldn't afford and selling better ones to pay for them. The "staff" will be expected to carry on as usual and I presume the administrative duo will have some sort of sports advisor to guide them as part of their team. This is another reason I won't pay £280 for the airfare and £80 hotel bill tomorrow, I just couldn't bear to see those overpaid pr@ts strolling around doing f**k all because they know that whatever happens to the club and the younger players they'll not be here in a month's time.. If Wotte drops them or they issue a statement saying they'll play for free for the rest of the season I'll see you all there.

Ground share basis? why not, we can't pay what we owe and N.U will want to get some money from whoever they can. Don't forget to buy a big bottle of Dettol to scrub your seat down every other week then.

No idea but you can be assured that we'll get shafted by the Football League because everybody else always has. they all considered themselves the fizziest drink in the fridge (thanks Jonah) and they all copped at least 10 points. We owe money, we'll get docked points end of.

Apparently not, Anyway there is no way the FC isn't going to get points docked from this no matter what wheeze they try to pull.We're in League 1 all the rest is ancillary blah and speculation.Having bought my ticket for tomorrow in a fit of optimisn a couple of weeks ago they're welcome to my money,for all it may help,I shan't be bothered to pay for my plane ticket and hotel bill though.I'll save the money for the first game of next season in L1.

Aha but have the board of Southampton Football Club Ltd resigned?? Insistence is being made that it is a separate entity.

to do what?? I keep on telling you the guy doesn't have the qualifications to coach or manage a professional football side.. We ain't going to start paying anyone to be director of diddly squat until we find some money to pay our existing debts and existing staff without appointing new ones.

Still where?? Try to keep up.

Well of course they are. Charlton are down, if we're docked 10 that means that only one other of that herd of sh*theap sides goes down and everybody sees that as being Plymouth so the others can stroll through the rest of the season with their fingers up their nose and cash in on next seasons extra TV pactole.