The vast majority of businesses enter admin owning large assets.
The problem is usually cashflow. The administrators job is then to maximise the return for those owed money, which may or may not, be by selling assets.
Posted By: Johnny Comecardiff on February 21st 2010 at 18:04:13
Message Thread
- Should the Unexpected Happen (NCFC) - SeattleSounders, Feb 21, 14:22:42
- wouldn't we have to sell off the ground and lease it back? (NCFC) - Worzel Scrimmage, Feb 21, 14:26:38
- I don't know (NCFC) - SeattleSounders, Feb 21, 14:29:28
- I'm not sure how a club can go into administration still owning large assets... (NCFC) - Worzel Scrimmage, Feb 21, 14:33:33
- The vast majority of businesses enter admin owning large assets. (NCFC) - Johnny Comecardiff, Feb 21, 18:04:13
- I'm not sure how a club can go into administration still owning large assets... (NCFC) - Worzel Scrimmage, Feb 21, 14:33:33
- I don't know (NCFC) - SeattleSounders, Feb 21, 14:29:28
- wouldn't we have to sell off the ground and lease it back? (NCFC) - Worzel Scrimmage, Feb 21, 14:26:38
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.