Admin Bebo Posted February 8, 2011 Admin Share Posted February 8, 2011 Their creditors have accepted a 6 pence in the pound deal. Link Link to comment
tup Posted February 8, 2011 Share Posted February 8, 2011 Disgrace. Maybe I'll try this with my creditors. Meanwhile, I'll carry on as if nothing's happened. If I were owed money I'd be raging, and in effect as I taxpayer I am owed in a small way. Twice this failed enterprise has pulled the same stunt and twice they blustered on in the same fashion as before. Link to comment
K-9 Posted February 8, 2011 Share Posted February 8, 2011 No club (or business for that matter) should be allwoed to get away with this twice. Of course the creditors are going to vote for crap 6p in the pound when the other option is liquidation and unlikely to see a single penny. But when there are no rules in football to stop clubs spending outwith their means to such an extent that administration and liquidation is happening then this situation will happen again and again. Link to comment
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