d'you know what i worry about with them?
that they'll go through administration, getting their main creditors to agree to being paid a penny in the pound and come out the other side having been relegated to the Championship with their debts massively reduced.
And then they'll get their parachute payments and be in a position to spend s**tloads on getting back up to the Premier League as if almost f**k all has happened.
i know that administration isn't the easy option some f**kwits on here and the Oink Un make it out to be, and i have no idea how plausible the above scenario is - but it still f**king galls me that it might be.
Posted By: Ralf Scrampton on February 26th 2010 at 10:42:04
Message Thread
- 3 minutes to save Pompey! (n/m) (Other Football) - Klobo04, Feb 26, 10:28:12
- d'you know what i worry about with them? (Other Football) - Ralf Scrampton, Feb 26, 10:42:04
- I agree, look at how much Southampton have spent, (Other Football) - BigDoh, Feb 26, 10:47:40
- The big difference from going into administration though... (Other Football) - Bryan Nesbitt, Feb 26, 11:01:57
- Unless the Premier league wothold their parachute money with a view to paying creditors ? (n/m) (Other Football) - Bryan Nesbitt, Feb 26, 10:43:25
- a) Yes it's withhold. Brom knew. b) I don't even know if it's possibly to do this. (n/m) (Other Football) - Bryan Nesbitt, Feb 26, 10:44:39
- *possible* (Other Football) - Ralf Scrampton, Feb 26, 10:53:40
- I suppose any creditors, knowing there'll be a parachute payment due in the future... (Other Football) - Bryan Nesbitt, Feb 26, 10:58:06
- this is my hope (Other Football) - Ralf Scrampton, Feb 26, 11:04:55
- will they incur a second points deduction (Other Football) - camcan, Feb 26, 11:06:40
- I understood it. I think there's a timescale involved... (Other Football) - Bryan Nesbitt, Feb 26, 11:11:23
- yep - similarly Stockport (Other Football) - camcan, Feb 26, 11:37:47
- I understood it. I think there's a timescale involved... (Other Football) - Bryan Nesbitt, Feb 26, 11:11:23
- will they incur a second points deduction (Other Football) - camcan, Feb 26, 11:06:40
- this is my hope (Other Football) - Ralf Scrampton, Feb 26, 11:04:55
- I suppose any creditors, knowing there'll be a parachute payment due in the future... (Other Football) - Bryan Nesbitt, Feb 26, 10:58:06
- *possible* (Other Football) - Ralf Scrampton, Feb 26, 10:53:40
- a) Yes it's withhold. Brom knew. b) I don't even know if it's possibly to do this. (n/m) (Other Football) - Bryan Nesbitt, Feb 26, 10:44:39
- I agree, look at how much Southampton have spent, (Other Football) - BigDoh, Feb 26, 10:47:40
- Even Flash Gordon couldn't do it in that time. (n/m) (Other Football) - colincanary, Feb 26, 10:32:08
- d'you know what i worry about with them? (Other Football) - Ralf Scrampton, Feb 26, 10:42:04
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