https://www.bbc.co.uk/sport/football/49434347 Thought it was time that this had its own thread, judgement day today. Good luck to them and hopefully Steve Dale gets a bad bout of cholera.
In footballing terms, it’s an absolute tragedy. Premier league=richest league in the world The rest......**** em
Yep. 134 year old football club, twice winners of the FA Cup. About to disappear for an amount some players earn in a month.
Just seen that Leicester City managed to steal Callum Hulme on a free transfer. I can only liken it to stealing a dudes wallet who’s laid out in the street. Hope Filbert Fox gets a case of bad aids ASAP
All sorts of rumours of consortiums flying around but mad to be leaving it to the last hours. Gut feeling is it’s all over. Dale would’ve sold by now if he was going to, surely.
I lifted this post from another part of the forum... Football is a very strange business - there is no other business in the world where you can live beyond your means without the income to cover it, go bust and largely avoid repaying your creditors (paying 10p in the £ or thereabouts), and then just start again only slightly worse off than before. The sanctions of failure are simply not great enough to stop this happening. Look at Leicester, they went in to administration, avoided their debts, got a new owner and 3 or 4 years later won the premier league. Everybody knows this and it is partly why going in to administration is more attractive than struggling on. I get everything about the clubs employees losing their livelihoods but in the real world that happens all the time - my sister lost her job overnight when she worked at Woolworths, she eventually got a new job after struggling for a little while to pay bills, unfortunately it was at BHS so she had to go through it all over again. Also nobody talks about the impact on the creditors that don't get paid when these clubs walk away from their debts - I know somebody whose family firm used to make pies for Boro when they disappeared completely a few years ago, the non-payment of that debt crippled his company and they never recovered from it ultimately having to lay off 20 staff. Administration and CVA's are not a painless exercise on anybody. A 12 point deduction and a season of struggle is simply not enough of a deterrent, the EFL in particular need to grow a pair and have an automatic one or two division relegation penalty in place for when this happens and give well run clubs the chance to step up instead. The club will still exist and the fans can still go and watch it but they'll definitely take a bigger interest in how the club is being run in future.
