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League Cup Final

Chris Clapham

By Chris Clapham
in Combined Counties Forum

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Windsor_Sec Newbie

Windsor_Sec

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Posted

Rumour is that a new owner is just waiting for Admin to buy. got to love the rumours :) Be interesting to know if they owe either HMRC or Council who both took a hit last time.

 

Why wait for Admin Kroons as the debts will remain the same. Enter into a CVA for a penny less than any money owed and they still get relegated two divisions according to the rules and that's assuming every single creditor agrees to a CVA in the first place ! If one of the creditors is indeed HMRC then they have toughened their stance on football club debts now and it's pay in full or they seek liquidation, something I know about only too well.

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Krooner Newbie

Krooner

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Why wait for Admin Kroons as the debts will remain the same. Enter into a CVA for a penny less than any money owed and they still get relegated two divisions according to the rules and that's assuming every single creditor agrees to a CVA in the first place ! If one of the creditors is indeed HMRC then they have toughened their stance on football club debts now and it's pay in full or they seek liquidation, something I know about only too well.

 

Good Point Windsor. But if they have kept up to date with their football creditors it is advantegeous to wait and pick it up at a pittance.

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Terrence Collina Newbie

Terrence Collina

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all started with someone on an ego trip, couldn't do what he wanted to do at Bisley and then spent unnecessarily on that stand behind the goal and once again the fans of the club are the ones who suffer.

 

What happened to the stand they bought(?) from The Feethams?

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Powelly1 Newbie

Powelly1

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Posted (edited)

Aldershot could follow them in as well. Struggling with debt. Wonder if Holdsworth got his pay off - £110k a year plus a percentage of transfers in and out and over a year to run when he got the elbow. Shaheed Azeem - former Woking and Guildford chairman - has just put £300k of his own in. And relegation brings a huge deficit in handouts. Messy.

Edited by Powelly1
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