How is it

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  • #188737
    NuneatonlaticNuneatonlatic
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    That it is imperative that we pay the 6 million debt off OR ELSE. Bolton had debts apparently of 100 million plus yet suffered the same 12 point deduction we had. Tell me another club who is not in debt. Scumbags have 400 million quid worth yet can still pay 100 million on one player.We could actually go out of business owing nobody. Administrators want 100 grand before they will entertain a bidder which is non returnable. Moore having medical at Cardiff Robinson and Gelhardt makes it around 5 million quid in.

    #188738
    The EggThe Egg
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    The £6m that we owe is to football creditors (it is for transfer fees) and that has to be paid in full otherwise we lose a further 15 points. Any other creditors we can pay either 25p in the pound or 35p over 3 years.

    #188740
    the otterthe otter
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    We are also owed transfer money, so can’t that be used to offset the transfer money we owe?

    #188742
    The EggThe Egg
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    Possibly. I don’t think it matters how it’s paid but it has to be paid.

    We also still have bills to pay such as wages so not every penny of a transfer fee will go towards covering that.

    #188743
    NuneatonlaticNuneatonlatic
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    I get that egg but correct me if I’m wrong did the PFA not pay the players wages at Bolton and Bury whereas the sale of Joffy means we will pay the players up to date. Maybe I’m paranoid because I’m scared shirtless that we are going under but it seems to me that we are being treated abysmally by all parties.

    #188744
    The EggThe Egg
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    I think they did yes after they hadn’t been paid for months. They are two totally different scenarios, but I would be interested to see what would happen at the end of this month if we couldn’t pay them and they effectively were able to walk.

    #188747
    cup winnerscup winners
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    If we got market value there wouldn’t be such a panic. This is Admin at it’s best, basically sell and sell for whatever.

    It’s like your house getting repo’ed alls the bank want back it what you owe. Say it’s worth 100k you owe bank 60k 60k+ that’s it their not arsed.
    These lot know how much they need to bring in their selling cheap to keep the doors open. If it was a factory it would be gone done n dusted.
    Dont be fooled their heartless and do NOT give a flying FCUK!!

    I know one thing, if they ever auction everything off I’m having one of those pie warmers in the concourse they’d be brilliant as a potter’s kiln. Took the skin off me lips many a game and melted the odd fork

    #188750
    NuneatonlaticNuneatonlatic
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    Egg, do we know the total debt the club has?. This loan agreement appears to be as clear as mid.

    #188751
    the otterthe otter
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    Egg, do we know the total debt the club has?. This loan agreement appears to be as clear as mid.

    Is that you Officer Crabtree?

    #188753
    NuneatonlaticNuneatonlatic
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    Good moaning Otter a slute slip of the tingue.

    #188755
    The EggThe Egg
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    I do not knee but there is no money in the bonk to pee it

    • This reply was modified 8 months, 1 week ago by The EggThe Egg.
    #188757
    NuneatonlaticNuneatonlatic
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    So we are up the crook witheet a piddle

    #188758
    muttywhitedogmuttywhitedog
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    Egg, do we know the total debt the club has?. This loan agreement appears to be as clear as mid.

    Feck all according to SSB…

    #188769
    The EggThe Egg
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    Egg, do we know the total debt the club has?. This loan agreement appears to be as clear as mid.

    Feck all according to SSB…

    Aside from the football debts for transfers, he isn’t far out

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