Loving that result.From Despair To Where? wrote:Fulham "On Loan To the Championship" Football Club marching on I see.
Just seen the highlightsWestYorksRoyal wrote:Coventry got a good result today; they look like they could last the distance, for the playoffs at least. What a job Mark Robins has done there.
£60 million in debt, don’t own their ground. There is pretty much nothing for a buyer to buy. From what I heard they are Likely to struggle to pay wages almost every month as they have not to no income on the horizon.paultheroyal wrote:Having a butchers at the Derby County forum, that makes for grim reading.
More media stories out today paint an even worse picture than they thought, no sign of a buyer, why would there be a buyer and potential having to do long term deals with the HMRC to clear any debt. The fact they have still not posted accounts from 17/18 onwards is utterly shocking. They are in danger of literally going to the wall.
And we don’t have any debt.....tidus_mi2 wrote:Looking from the outside, the only difference between us and them seems to be that our owners are still interested.
Except to the owners... and it's larger.Nameless wrote:And we don’t have any debt.....tidus_mi2 wrote:Looking from the outside, the only difference between us and them seems to be that our owners are still interested.
Snowflake Royal wrote:Except to the owners... and it's larger.Nameless wrote:And we don’t have any debt.....tidus_mi2 wrote:Looking from the outside, the only difference between us and them seems to be that our owners are still interested.
It’s any irrelevancy.Snowflake Royal wrote:Except to the owners... and it's larger.Nameless wrote:And we don’t have any debt.....tidus_mi2 wrote:Looking from the outside, the only difference between us and them seems to be that our owners are still interested.
Chinese property market is nose diving. All looking extremely murky.tidus_mi2 wrote:Looking from the outside, the only difference between us and them seems to be that our owners are still interested.
Of course it would. They'd want it back.Nameless wrote:It’s any irrelevancy.Snowflake Royal wrote:Except to the owners... and it's larger.Nameless wrote:
And we don’t have any debt.....
Debt to HMRC, to your players, to other football clubs kills you.
Owing money to yourself is extremely unlikely to close you down. If the owners decided to cut ties the amount of money they owed themselves woukdn’t really matter.
Haven't the owners turned a lot of the debt into shares? In which case it becomes a straight negotiation between buyer and seller i.e. a controlling majority will cost you X per share.Snowflake Royal wrote:Of course it would. They'd want it back.Nameless wrote:It’s any irrelevancy.Snowflake Royal wrote: Except to the owners... and it's larger.
Debt to HMRC, to your players, to other football clubs kills you.
Owing money to yourself is extremely unlikely to close you down. If the owners decided to cut ties the amount of money they owed themselves woukdn’t really matter.
It either hykes the price or becomes debt to an outside creditor.
Even SJM tried to recover some of the money he'd pumped in on selling.
So did Madejski, which pushed the price up.Stranded wrote:Haven't the owners turned a lot of the debt into shares? In which case it becomes a straight negotiation between buyer and seller i.e. a controlling majority will cost you X per share.Snowflake Royal wrote:Of course it would. They'd want it back.Nameless wrote:
It’s any irrelevancy.
Debt to HMRC, to your players, to other football clubs kills you.
Owing money to yourself is extremely unlikely to close you down. If the owners decided to cut ties the amount of money they owed themselves woukdn’t really matter.
It either hykes the price or becomes debt to an outside creditor.
Even SJM tried to recover some of the money he'd pumped in on selling.
When you are in debt to external companies it becomes much more tricky as there are multiple parties who would need to be as happy as possible with the funds they are getting esp. if the club has gone into admin.
You have no idea what they would want !Snowflake Royal wrote:Of course it would. They'd want it back.Nameless wrote:It’s any irrelevancy.Snowflake Royal wrote: Except to the owners... and it's larger.
Debt to HMRC, to your players, to other football clubs kills you.
Owing money to yourself is extremely unlikely to close you down. If the owners decided to cut ties the amount of money they owed themselves woukdn’t really matter.
It either hykes the price or becomes debt to an outside creditor.
Even SJM tried to recover some of the money he'd pumped in on selling.
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