The big difference from going into administration though...
...is that any future funding plans will not be looked on favourably by the banks. It's going to f**k up their credit rating so they'll have to survive on wealthy buyers or income earnt.
In Pompey's case, this will severely screw up their relocation plans, and given the state of Fratton Park that will have an enormous effect.
Posted By: Bryan Nesbitt on February 26th 2010 at 11:01:57
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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