Eire is correct only in the football industry does this happen. Probably everyone on here has gone through a redundancy at some stage because a company has gone bust. You may as well write that money off as it takes months and even years to get your 1p in the £ owed to you by the administrators. But the football players union got a great deal agreed years ago to protect an abused workforce? Clubs were going bust on paper and reforming as different companies owning the same club but not owing players the wages the were due. Nowadays if a club goes but the main creditors are the players who must get 100% of what they're owed before any other creditor....
