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As Chairman Of The Football Board Does That Leave Wilde In Charge


Gemmel
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As Pancake has posted there is no formal information that SLH is in Admin, however Sky Sports news are stating it as fact. If that is the case does that leave Wilde as Chairman of the football board in charge?

Edited by Gemmel
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As Pancake has posted there is no formal information that SLH is in Admin, however Sky Sports news and The Times on line are both stating it as fact. If that is the case does that leave Wilde as Chairman of the football board in charge?

The administrators are in charge, ie Begbies Traynor....

Article from Accountancy Age, 09 Nov 2007:

"Begbies Traynor has snapped up the corporate recovery division of Leeds-based firm Bartfields, bringing well-known practitioner Gerald Krasner into its fold.

Krasner is most well known for serving as chairman of debt-ridden football club Leeds United, effecting its successful sale – with considerably less debt - to Ken Bates."

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The administrators are in charge, ie Begbies Traynor....

Article from Accountancy Age, 09 Nov 2007:

"Begbies Traynor has snapped up the corporate recovery division of Leeds-based firm Bartfields, bringing well-known practitioner Gerald Krasner into its fold.

Krasner is most well known for serving as chairman of debt-ridden football club Leeds United, effecting its successful sale – with considerably less debt - to Ken Bates."

 

But the football club isn't in admin.

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The administrators are in charge, ie Begbies Traynor....

Article from Accountancy Age, 09 Nov 2007:

"Begbies Traynor has snapped up the corporate recovery division of Leeds-based firm Bartfields, bringing well-known practitioner Gerald Krasner into its fold.

Krasner is most well known for serving as chairman of debt-ridden football club Leeds United, effecting its successful sale – with considerably less debt - to Ken Bates."

 

Thanks GM, but if the Southampton Football club Ltd has separated from SLH to avoid the points deduction, would the administrators have control of the Ltd company

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As Pancake has posted there is no formal information that SLH is in Admin, however Sky Sports news are stating it as fact. If that is the case does that leave Wilde as Chairman of the football board in charge?[/QUOTE]

 

Oh Dear God pass the prozac !!!

 

Perhaps this was all part of "COYR's" masterplan of evolution not revolution !

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But the football club isn't in admin.

It's owned by SLH, which is in Admin. The football club is hardly in a position to operate independently, particularly as the meaningful assets are owned by SLH and over which the main creditors have a charge.

No, the administrators are in charge of SFC until the club is sold to Crouch et al, when he will promptly have Wilde flogged and exiled back to the B&B he runs in Jersey...

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It's owned by SLH, which is in Admin. The football club is hardly in a position to operate independently, particularly as the meaningful assets are owned by SLH and over which the main creditors have a charge.

No, the administrators are in charge of SFC until the club is sold to Crouch et al, when he will promptly have Wilde flogged and exiled back to the B&B he runs in Jersey...

 

I'm hoping a brand new person comes in with fresh ideas and money who can turn this club around and we'll be rid of the tosspots who have caused this mess in the first place!

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