Frankie 8,869 Posted March 16, 2012 Share Posted March 16, 2012 Case continued until Monday by the judge. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted March 16, 2012 Share Posted March 16, 2012 Surprise surprise eh. More money for lawyers and administrators.... 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,132 Posted March 16, 2012 Share Posted March 16, 2012 Surprise surprise eh. More money for lawyers and administrators.... I think lawyers and accountants will have a lot more cash to come as as a result of our travails. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted March 16, 2012 Share Posted March 16, 2012 I think lawyers and accountants will have a lot more cash to come as as a result of our travails. The final bill from Duff & Phelps will be a staggering amount of money. 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted March 16, 2012 Share Posted March 16, 2012 The final bill from Duff & Phelps will be a staggering amount of money. As is the case with almost ALL administrations and liquidations. It is the way it is, which is why more should be done to prevent clubs going into administration. Cant really blame the administrators if we come out of this the other end still intact. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted March 16, 2012 Share Posted March 16, 2012 As is the case with almost ALL administrations and liquidations. It is the way it is, which is why more should be done to prevent clubs going into administration. Cant really blame the administrators if we come out of this the other end still intact. I don't blame the administrators Craig, I blame those with the power to regulate these things. IPs will charge companies whatever they can get away with charging, but personally, I think there should be limits set as to what they're allowed to charge football clubs (and clubs in other sports), just as there should be limits set as to what percentage of their income football club's are allowed to spend on wages (like the wage caps in certain leagues down south). It's not exactly good for the health of football for the administration process to be so expensive for clubs who are already in financial trouble, just as it's unhealthy for club's to live dangerously outwith their means. Fifteen English clubs have gone into administration in the past 3 years and 3 of those have been liquidated in the past 2 years alone. Which people and companies are benefitting from all this while football clubs go down the drain? 0 Quote Link to post Share on other sites More sharing options...
A Horse With No Name 0 Posted March 16, 2012 Share Posted March 16, 2012 The final bill from Duff & Phelps will be a staggering amount of money. Surely they"ll be subtracting the time sorting the hold-up caused by them not registering the Administration... :-( As I've said elsewhere these Administrators should be Government appointed and non profit making! As for this hold up no doubt the fella spent stacks of time drinking water - I can't remember ever seeing anyone take so long drinking water! 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted March 16, 2012 Share Posted March 16, 2012 Surely they"ll be subtracting the time sorting the hold-up caused by them not registering the Administration... :-( As I've said elsewhere these Administrators should be Government appointed and non profit making! As for this hold up no doubt the fella spent stacks of time drinking water - I can't remember ever seeing anyone take so long drinking water! If I was getting paid £500 an hour I'd drink my water slowly too! I'd do a lot of things slowly. Just imagine getting paid £125 to go for a 15 minute shite!! 0 Quote Link to post Share on other sites More sharing options...
A Horse With No Name 0 Posted March 16, 2012 Share Posted March 16, 2012 If I was getting paid £500 an hour I'd drink my water slowly too! I'd do a lot of things slowly. Just imagine getting paid £125 to go for a 15 minute shite!! When the bald fella drinks the water you can see the other one smiling as if to say christ we're making a fortune! We can laugh but ultimately it's them taking the piss. A detterent? Yes! Justifiable... I'd say NO! 0 Quote Link to post Share on other sites More sharing options...
Guest Dutchy Posted March 16, 2012 Share Posted March 16, 2012 As is the case with almost ALL administrations and liquidations. It is the way it is, which is why more should be done to prevent clubs going into administration. Cant really blame the administrators if we come out of this the other end still intact. The fact that clubs, nee, businesses in general go out of business shouldn't be considered as some sort of cake walk for admins, due entirely to this crazy concept of 'markets'. It is that way because most of the professions that have a part to play are also members of their professional groups(unions if you like) and so are the politicians that set the laws that allow it. It is not merely a case of that's the way it is, as it's taken years to work themselves into this position and they should be regualated, harshly. 0 Quote Link to post Share on other sites More sharing options...
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