Championship Administration No.2

Discussion in 'Bulletin Board' started by BrunNer, Jul 2, 2020.

Page 3 of 5
  1. Burgundy Red

    Burgundy Red Well-Known Member

    Joined:
    Nov 27, 2008
    Messages:
    4,702
    Likes Received:
    2,348
    Trophy Points:
    113
    Occupation:
    Ninja (retired)
    Location:
    Somewhere between Heaven and Woolworths
    Style:
    Barnsley
    Thanks for the info and analysis, @Red Rain. Not sure I agree with this statement though:

    For most that may be the case but many high wealth individuals have done quite nicely out of Covid19 and many industries have not been as badly affected as football. As you yourself allude to, looking at the sources and recent performance of owners' non-football interests might be as good an indicator of which clubs are most likely to go into admin as looking at the balance sheets of the clubs themselves.
     
    Burgundy Red, Jul 2, 2020
    #41
    TitusMagee likes this.
  2. Red

    Red Rain Well-Known Member

    Joined:
    Aug 8, 2005
    Messages:
    4,811
    Likes Received:
    2,864
    Trophy Points:
    113
    Location:
    Wombwell
    Home Page:
    Style:
    Barnsley (full width)
    Basically, all that means is that some nosey individuals have asked for some details. They will not be given that information unless they can prove that they have the finance and a genuine intent to purchase from the Administrator.
     
    Red Rain, Jul 2, 2020
    #42
    Stephen Dawson likes this.
  3. Red

    Red Rain Well-Known Member

    Joined:
    Aug 8, 2005
    Messages:
    4,811
    Likes Received:
    2,864
    Trophy Points:
    113
    Location:
    Wombwell
    Home Page:
    Style:
    Barnsley (full width)
    Yes, that is true, but every discussion has tp have a starting point.
     
    Red Rain, Jul 2, 2020
    #43
  4. Marlon

    Marlon Well-Known Member

    Joined:
    Aug 8, 2011
    Messages:
    23,677
    Likes Received:
    14,562
    Trophy Points:
    113
    Gender:
    Male
    Location:
    HERE.
    Style:
    Barnsley Dark
    For some reason Football clubs can be good money laundering sites and that’s why due diligence is SUPPOSED to help .
    Also many businesses are restructuring rather than going into liquidation as although they havnt been trading other businesses have also been in hibernation so competition isn’t taking their buisness .
     
    Marlon, Jul 2, 2020
    #44
  5. Hooky feller

    Hooky feller Well-Known Member

    Joined:
    Jul 11, 2016
    Messages:
    16,927
    Likes Received:
    19,209
    Trophy Points:
    113
    Occupation:
    Retired, full time grandad.
    Location:
    Mapp.
    Style:
    Barnsley (full width)
    Bet 365 are covering most of the wages. :cool:
     
    Hooky feller, Jul 2, 2020
    #45
  6. Burgundy Red

    Burgundy Red Well-Known Member

    Joined:
    Nov 27, 2008
    Messages:
    4,702
    Likes Received:
    2,348
    Trophy Points:
    113
    Occupation:
    Ninja (retired)
    Location:
    Somewhere between Heaven and Woolworths
    Style:
    Barnsley
    32 Red.
     
    Burgundy Red, Jul 2, 2020
    #46
    Hooky feller likes this.
  7. sadbrewer

    sadbrewer Well-Known Member

    Joined:
    May 14, 2006
    Messages:
    9,690
    Likes Received:
    4,721
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    Most of them will be fans who think they could buy it on their credit card.
     
    sadbrewer, Jul 2, 2020
    #47
    SuperTyke likes this.
  8. ATY

    ATYKE1 Well-Known Member

    Joined:
    Nov 9, 2008
    Messages:
    3,491
    Likes Received:
    4,024
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    Desperately hoping not but it couldn’t be us could it?
     
    ATYKE1, Jul 2, 2020
    #48
  9. ATY

    ATYKE1 Well-Known Member

    Joined:
    Nov 9, 2008
    Messages:
    3,491
    Likes Received:
    4,024
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    Is there any clue in that the tweet looks to have come from a Stoke newspaper journalist?
     
    ATYKE1, Jul 2, 2020
    #49
    Stephen Dawson, Redhelen and e-red like this.
  10. kektyke

    kektyke Well-Known Member

    Joined:
    Aug 11, 2011
    Messages:
    3,059
    Likes Received:
    2,721
    Trophy Points:
    113
    Occupation:
    Warehouse Manager
    Style:
    Barnsley (full width)
    No all he's doing is reporting what Gerald Kranser told the press yesterday
     
    kektyke, Jul 2, 2020
    #50
  11. MexboroughTyke

    MexboroughTyke Well-Known Member

    Joined:
    Jan 3, 2007
    Messages:
    9,501
    Likes Received:
    3,851
    Trophy Points:
    113
    Home Page:
    Style:
    Barnsley Dark
    No chance Stoke will go into administration.
     
    MexboroughTyke, Jul 2, 2020
    #51
  12. hop

    hopster04_02 Member

    Joined:
    Jan 13, 2014
    Messages:
    68
    Likes Received:
    26
    Trophy Points:
    18
    Stoke owned by bet365 minted they'll be fine, who owns millwall that debt is huge what have they spent that on??
     
    hopster04_02, Jul 2, 2020
    #52
  13. Tykeored

    Tykeored Well-Known Member

    Joined:
    Jun 23, 2017
    Messages:
    5,102
    Likes Received:
    6,379
    Trophy Points:
    113
    Gender:
    Male
    Style:
    Barnsley
    Aren’t they still due more parachute money at the end of the season?
     
    Tykeored, Jul 2, 2020
    #53
  14. Redstone

    Redstone Well-Known Member

    Joined:
    Sep 10, 2005
    Messages:
    15,948
    Likes Received:
    11,390
    Trophy Points:
    113
    Style:
    Barnsley Dark
    If a few more head that way I could see the spineless EFL suspending points deductions due to Covid.
    As @SuperTyke said these clubs have known the situation for months and not furloughed the staff who cost millions in wages.
     
    Redstone, Jul 2, 2020
    #54
    anstonred likes this.
  15. MDG

    MDG Well-Known Member

    Joined:
    Jul 21, 2005
    Messages:
    5,631
    Likes Received:
    4,170
    Trophy Points:
    113
    Location:
    Darton
    Home Page:
    Style:
    Barnsley (full width)
    Gotta be Reading for me..
     
    MDG, Jul 2, 2020
    #55
  16. John Peachy

    John Peachy Well-Known Member

    Joined:
    Aug 21, 2011
    Messages:
    17,265
    Likes Received:
    16,839
    Trophy Points:
    113
    Occupation:
    The littlest hobo
    Location:
    Leeds, United Kingdom
    Home Page:
    Style:
    Barnsley (full width)
    John Peachy, Jul 2, 2020
    #56
    Redhelen likes this.
  17. MDG

    MDG Well-Known Member

    Joined:
    Jul 21, 2005
    Messages:
    5,631
    Likes Received:
    4,170
    Trophy Points:
    113
    Location:
    Darton
    Home Page:
    Style:
    Barnsley (full width)
    Yeah any business who still deals with large amounts of cash transactions..

    Footy clubs can pump some dodgy cash thru the books and simply inflate attendances. Be a lot harder if no pay on the gate, same with catering if taking cash payments and run by club.

    Bet footy is rife with it...
     
    MDG, Jul 2, 2020
    #57
    Nardiello likes this.
  18. sadbrewer

    sadbrewer Well-Known Member

    Joined:
    May 14, 2006
    Messages:
    9,690
    Likes Received:
    4,721
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    That's the reason turnstiles were introduced many years ago.
     
    sadbrewer, Jul 2, 2020
    #58
  19. Dja

    Django Well-Known Member

    Joined:
    Feb 28, 2013
    Messages:
    11,396
    Likes Received:
    8,246
    Trophy Points:
    113
    Style:
    Barnsley (full width)
    The crazy thing is it could easily be one of many.

    Would anyone be surprised if it was any of Birmingham, Blackburn, Wednesday, Reading, Millwall, Charlton etc.

    League’s three quarters full of badly run clubs
     
    Django, Jul 2, 2020
    #59
    redrum likes this.
  20. Rea

    ReadingRed Well-Known Member

    Joined:
    Jan 29, 2008
    Messages:
    2,144
    Likes Received:
    740
    Trophy Points:
    113
    Home Page:
    Style:
    Barnsley (full width)
    I hope its reading or Birmingham.
    Millwall doesn't really help us as they would not go below us.
     
    ReadingRed, Jul 2, 2020
    #60
Page 3 of 5

Share This Page