That admin thread below v v v v v v

It is said that Southampton "paid all their debts" once that Swiss geyser took over. Even David Conn says so ("For others, administration meant they could be bought by new owners, who paid a fraction of the debts that were owed ? except at Southampton, where last year Markus Liebherr paid Saints? debts in full.")

I htought the whole point of admin was that debts were sold at a discount?

And if Liebherr was going to cough in full then why wait until the club went into admin?

Don't understand. Anyone sharp enough to enlighten us?

Posted By: jayson blair, Feb 17, 13:18:17