Why is administration such a big deal?

There might be a 10 point deduction but a one off hit to set the club up for a brighter future would be worth taking.

I'm no expert but I do know of a company that has recently gone through administration and come out the other side intact minus the debt.

Administration might not be the perfect solution but the only reason I can see for the current board not wanting to do it is because the directors themselves are creditors and would stand to lose personally.

Posted By: Ben on May 15th 2009 at 10:42:46

Message Thread

Sorry for me this is a long post but I have to get it off my chest. (NCFC) - lovely old job, May 15, 10:19:49
- I don't really understand what most posts on here are on about at the moment (NCFC) - Tricky Hawes, May 15, 10:28:02
  - Why is administration such a big deal? (NCFC) - Ben, May 15, 10:42:46
    - Are there any examples of clubs who have gone on to do great things since administration? (NCFC) - Ken Dodds Dads Dog, May 15, 10:52:27
      - Portsmouth (n/m) (NCFC) - Ralf Scrampton, May 15, 11:04:02
        
        Good. That's one. Was a while back tho werntut. (n/m) (NCFC) - Ken Dodds Dads Dog, May 15, 11:16:45
        
        99 i think - before points deductions anyway (NCFC) - Ralf Scrampton, May 15, 11:31:56
      - Piswich (n/m) (NCFC) - Old Git, May 15, 10:53:39
        
        great things!? (n/m) (NCFC) - Brandonio, May 15, 10:56:52
        
        Cleared their debts, made themselves an attractive buy for the arms dealer (NCFC) - Old Git, May 15, 11:26:18
        
        I wouldn't say it's been a massive success so far (n/m) (NCFC) - Brandonio, May 15, 11:27:30
        
        Did they take a points pen? (NCFC) - Ken Dodds Dads Dog, May 15, 10:56:22
        
        No they didn't (wankers) (NCFC) - Old Git, May 15, 11:27:14
        
        This is true, however I think the FA are clamping down on this sort of thing (NCFC) - Ken Dodds Dads Dog, May 15, 11:40:09
    - I have little duobt that you'll get your wish, Ben (NCFC) - Tricky Hawes, May 15, 10:46:50
    - Well as a supplier and a club sponsor it would leave a very sour taste in my mouth and one (NCFC) - lovely old job, May 15, 10:44:53
  - But thats the whole point what are these meetings trying to achieve I think we either (NCFC) - lovely old job, May 15, 10:39:05
  - agree about the investment bit, however.... (NCFC) - Cheltenham_Canary, May 15, 10:35:45
  - You're right there Trickster. Just depressing tho et unt? (n/m) (NCFC) - jafski, May 15, 10:34:46
  - I love you too... (NCFC) - Fierce Panda, May 15, 10:33:20
  - agreed, there is no realistic solution at the moment. What a state to be in! (n/m) (NCFC) - NCFC4life, May 15, 10:31:48
  - Nail on the head Tricky - I find it quite bizarre too. (n/m) (NCFC) - CB41, May 15, 10:30:35
  - FUCKING EXACTLY. In the face of that, what fucking difference does Gunn/Not Gunn make? (n/m) (NCFC) - Arizona Bay, May 15, 10:30:21
    - a hell of a fucking lot (NCFC) - Ralf Scrampton, May 15, 10:44:57
    - based on 19 games he had....... (NCFC) - Cheltenham_Canary, May 15, 10:40:28
      - I'm not having this 'failed to motivate thing' not for all those games anyway (NCFC) - megson, May 15, 10:55:49
        
        thats how I saw it meggers. (n/m) (NCFC) - lovely old job, May 15, 10:56:50
        
        heads drop when we go behind........ (NCFC) - Cheltenham_Canary, May 15, 11:30:20
        
        One could argue that when this happens motivation can only come from certain leaders on (NCFC) - Ken Dodds Dads Dog, May 15, 11:41:50
        
        then... (NCFC) - Cheltenham_Canary, May 15, 11:52:27
  - Um white man talk um sense. (n/m) (NCFC) - Arganth, May 15, 10:30:06
    - Are you really Little Plum? (n/m) (NCFC) - jafski, May 15, 10:33:41
      - No. I am. (n/m) (NCFC) - Garry Brooke, May 15, 10:35:51
        
        You are aren't you? (NCFC) - jafski, May 15, 10:39:01
        
        Alright. (NCFC) - Garry Brooke, May 15, 10:47:27
- I love you (n/m) (NCFC) - Fierce Panda, May 15, 10:26:30
- why is it always Delia's plaything? (NCFC) - Ralf Scrampton, May 15, 10:25:49
  - MWJ cant speak can he? Anyway its always the woman who wears the trousers! lol (n/m) (NCFC) - DiscoDaleGordon, May 15, 10:36:42
  - IMO Wynn Jones is just an old man who is caught up in something whereby he is (NCFC) - lovely old job, May 15, 10:30:59
    - I'm not convinced about that. (NCFC) - Ken Dodds Dads Dog, May 15, 10:44:16
    - i think he probably does want a quiet life, but he was the one doing most of the talking (NCFC) - Ralf Scrampton, May 15, 10:42:51
    - You're right, his body language was screaming out "I don't want to be here." (n/m) (NCFC) - jafski, May 15, 10:37:25
  - Because as anyone who is married will tell you. (NCFC) - jafski, May 15, 10:29:11
    - What do you say to a woman with 2 black eyes?.. (NCFC) - Fierce Panda, May 15, 10:47:09
      - haha (n/m) (NCFC) - lovely old job, May 15, 10:50:21
    - i'm married and i wouldn't tell you that (NCFC) - Ralf Scrampton, May 15, 10:40:11
    - lol, too true (n/m) (NCFC) - NCFC4life, May 15, 10:32:29
    - Reckon MWJ gets the occasional gobble? (NCFC) - Arizona Bay, May 15, 10:32:12
      - Oh sweet Lord... (NCFC) - Fierce Panda, May 15, 10:36:34
        
        I am sorry, but you know that if I hadn't, someone else would have. (NCFC) - Arizona Bay, May 15, 10:42:15
      - I've heard she is cock obsessed. (n/m) (NCFC) - jafski, May 15, 10:36:03
        
        She's great. (n/m) (NCFC) - Garry Brooke, May 15, 10:36:19
        
        Who? Your Aunt Olive? (n/m) (NCFC) - Fierce Panda, May 15, 10:39:49
        
        Olive came in the Birdcage last night. (NCFC) - Garry Brooke, May 15, 10:48:08
- lovely old post (n/m) (NCFC) - HoofinHughes, May 15, 10:24:28

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