Not necessarily....

Administration means that a board are appointed by the court to transform the business in any way they see fit to create a viable on-going business.

Which may mean creating cash by selling fixed assets.

Posted By: Johnny Comecardiff on October 19th 2008 at 18:12:46

Message Thread

So, if we went into... (NCFC) - Barclay_Steve, Oct 19, 16:51:20
- I've been wondering whether admin would clear our main bank debt... (n/m) (NCFC) - dear prudence, Oct 19, 17:11:17
- concentrate on suporting the team (n/m) (NCFC) - keith spanky, Oct 19, 16:53:06
  - ??? (NCFC) - Barclay_Steve, Oct 19, 16:57:57
    - i'm not sure any fans should be discussing (NCFC) - keith spanky, Oct 19, 17:02:54
      - Well.. (NCFC) - Barclay_Steve, Oct 19, 17:06:15
        
        Wouldn't our assets be stripped from us? (NCFC) - pants, Oct 19, 17:10:49
        
        Not necessarily.... (NCFC) - Johnny Comecardiff, Oct 19, 18:12:46
        
        prick (NCFC) - pants, Oct 19, 18:41:35
        
        they can have the hotel for starters (n/m) (NCFC) - Tombs, Oct 19, 17:20:08
        
        what about the fanny channel in the rooms? (n/m) (NCFC) - pants, Oct 19, 17:27:17
        
        Peter Thorne has his own TV show? (NCFC) - Tombs, Oct 19, 17:28:05
        
        Would last hours with the amount of goals (n/m) (NCFC) - pants, Oct 19, 17:29:19
        
        The norwich episode was an epic (n/m) (NCFC) - Tombs, Oct 19, 17:37:40
    - It would be a disaster if we went into admin (n/m) (NCFC) - pants, Oct 19, 16:59:49
      - But, somebody please explain how?? (NCFC) - Barclay_Steve, Oct 19, 17:02:39
        
        Leeds are a big club and always will be (NCFC) - pants, Oct 19, 17:07:40

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