3rd winding up order due

[Beefy]

Get your head of the sand and realise the position we're in. This goes way beyond Ron Martin.

 

[Cricko]

This the one reason I would welcome administration. I want someone to come in and tear apart this web of crooked **** once and for all.

Whilst I do not think admin will help us very much I to would like the web on companies and inter finance taken apart. Alas I feel anything which was not in RM's interest to be made public knowledge will be hidden abroad somewhere, hence the need for off-shore companies...it cannot be just for tax purposes as that is the last thing he pays.

 

[Norfolkshrimp]

Get your head of the sand and realise the position we're in. This goes way beyond Ron Martin.

For every club you cite having had similar problems there are two that haven't. Sure there's been a fair amount of mismanagement in football but to blame that and the recession is naive at best, misleading at worst. As for head in the sand, it's not there I can assure you, but if I ever did decide to go that route it's preferential to the route some have taken which is RM's arse !

 

[Beefy]

For every club you cite having had similar problems there are two that haven't. Sure there's been a fair amount of mismanagement in football but to blame that and the recession is naive at best, misleading at worst. As for head in the sand, it's not there I can assure you, but if I ever did decide to go that route it's preferential to the route some have taken which is RM's arse !

Brilliant.

I'm done. You win.

 

[Onion_Bag_Dave]

For every club you cite having had similar problems there are two that haven't. Sure there's been a fair amount of mismanagement in football but to blame that and the recession is naive at best, misleading at worst. As for head in the sand, it's not there I can assure you, but if I ever did decide to go that route it's preferential to the route some have taken which is RM's arse !

Some fans have a favourite place to be which is apparently RM's arse. You aren't up RM's arse are you? You are up someone elses probably!
Brilliant!

Next poll to be, Who's arse are you up?

 

[Firestorm]

.
Our credit rating is non exsistant.

There goes the interest free DFS corner sofa for the far post then.....

 

[Norfolkshrimp]

Last seen cruising in the Benfleet area

 

[Holy Joe]

I was replying to the poster MattE so unless you have two id's on the zone I wasn't answering you was I ?

I can confirm I'm not Beefy - nor do I know or ever met or exchanged pm's with Beefy. But since we were having a discussion on a public forum I don't see what your problem is with other people giving view points.

The debt we was referring to is debt within SUFC so it is irrealevent if the debt is significant to the third party. Removing this debt by going into admin isn't going to improve cashflow so arguably solves nothing. I'm not even convinced an admistrator will unravel a web of companies - I think that is well outside of their remit.

 

[Homer]

This the one reason I would welcome administration. I want someone to come in and tear apart this web of crooked **** once and for all.

What is the point of adminsiration RM would still be here as the owner personally it will not to achive anything

 

[Norfolkshrimp]

What is the point of adminsiration RM would still be here as the owner personally it will not to achive anything

That's far from a certainty, if it can be proved he has acted illegally in anyway with this web of companies then he would be finished, but of course for legal reasons I must say he's innocent until proven otherwise and is a thoroughly decent chap who may or may not have done something naughty :unsure:

 

[Firestorm]

I am struggling to see what benefits administration would bring.

Were we experiencing cash flow problems because to the costs of servicing massive debts eating into our income, the administration may well release up large sums of money , but our cash flow issues are primarily down to week ok week running costs not being covered by income .
in that situation the first thing administrators would do is rip back the running costs so they match the income which would decimate the playing side of things , which would in turn reduce the crowds and hence the income and would, I would hazard a guess, lead to insolvency.

 

[Norfolkshrimp]

My first hope is that an administrator would dig hard and go back to the start of RM's involvement and nail the ****er

My second hope is that a new owner willing to take us on may come along because how do we know there isn't someone willing to but that RM won't let go ?

If he only gets 10p in the pound on his paper debts the club owe him that's him finished ????

 

[Yorkshire Blue]

My first hope is that an administrator would dig hard and go back to the start of RM's involvement and nail the ****er

My second hope is that a new owner willing to take us on may come along because how do we know there isn't someone willing to but that RM won't let go ?

If he only gets 10p in the pound on his paper debts the club owe him that's him finished ????

My first hope would be that the club survives, but we all have different priorities.

 

[Holy Joe]

My first hope is that an administrator would dig hard and go back to the start of RM's involvement and nail the ****er

My second hope is that a new owner willing to take us on may come along because how do we know there isn't someone willing to but that RM won't let go ?

If he only gets 10p in the pound on his paper debts the club owe him that's him finished ????

I don't think the administrators job is to look for any wrong doing. I think they get most of their information from the incumbant management and then the administrators job is to try and sell the assets to maximise returns to creditors.

 

[fbm]

My first hope is that an administrator would dig hard and go back to the start of RM's involvement and nail the ****er

My second hope is that a new owner willing to take us on may come along because how do we know there isn't someone willing to but that RM won't let go ?

If he only gets 10p in the pound on his paper debts the club owe him that's him finished ????

If we went into administration I don't think Ron would be (or could afford to be) in charge afterwards, which is the main reason he's moved heaven and earth to prevent it (in my opinion).

I'm also not sure an administrator would see it as a Ron Martin witchhunt as that wouldn't be his remit? If, as part of his work he uncovered something, wouldn't he report that to the police? But I may be wrong... I know we have some insolvency practitioners on here who could confirm or deny that point.

My concern is that of went did go into administration both Ron and the club would be finished... and then we would be talking about the resurrection of a club at the bottom, AFC Southend 1906 or whatever, ground sharing with Basildon Utd., then Canvey, then Orient or Colchester... IF we climbed back up the league. All the things the doommongers have been saying Ron either wants or will happen, but actually haven't and don't look like they're going to for the foreseeable.

 

[Norfolkshrimp]

If we went into administration I don't think Ron would be (or could afford to be) in charge afterwards, which is the main reason he's moved heaven and earth to prevent it (in my opinion).

I'm also not sure an administrator would see it as a Ron Martin witchhunt as that wouldn't be his remit? If, as part of his work he uncovered something, wouldn't he report that to the police? But I may be wrong... I know we have some insolvency practitioners on here who could confirm or deny that point.

My concern is that of went did go into administration both Ron and the club would be finished... and then we would be talking about the resurrection of a club at the bottom, AFC Southend 1906 or whatever, ground sharing with Basildon Utd., then Canvey, then Orient or Colchester... IF we climbed back up the league. All the things the doommongers have been saying Ron either wants or will happen, but actually haven't and don't look like they're going to for the foreseeable.

I wonder if there are people who would step in and buy the club though if RM were finished ?

The biggest issue for any consortium apart from the obvious financial situation would be where do we play ? Rm thinks he has got us by the short and curlys with this new stadium but if he were to go pop could a consortium or someone else step in and buy FF ? I presume his assets would need to be liquidated, could he actually stop that from happening if he was skint ?

 

[fbm]

I wonder if there are people who would step in and buy the club though if RM were finished ?

The biggest issue for any consortium apart from the obvious financial situation would be where do we play ? Rm thinks he has got us by the short and curlys with this new stadium but if he were to go pop could a consortium or someone else step in and buy FF ? I presume his assets would need to be liquidated, could he actually stop that from happening if he was skint ?

And herein lies the crux and the reason why everyone is at loggerheads; no-one has enough information (or knowledge) to accurately predict the answer to the second question.

The answer to your first one is yes, I'm sure others would be in the wings. But the consortium last time consisted of people who wanted to make a profit out of FF. If that profit is no longer available then I'm not sure the enthusiasm would be there to take on a loss making club in administration with no ground.

This is why - and is the only reason why - I'd rather Ron stayed around and built as much as he could before he buggered off, because, by default, we would then be in a much, much better position than we are now, as will he.

 

[Fairport]

As has been mentioned on here many times before, it is quite likely that someone else would take over if the demise of Ron ever happened. The vast majority of clubs find a saviour after going into administration. We all know that a consortium expressed interest last year, although thats as much as we know it is at least a start, who knows who else is out there?
Ok, there are some shadowy people running football clubs these days but at least they seem to have money behind them. All we have is a guy with a big ego, big ideas , empty pockets and a credit rating of zero.

 

[Murkey_Mouse]

Well, look at Darlington, did going to administration helped them much? they was 2nd in League 2 in March about 3 years ago, before they lost 10 points by entering administration and a season after that, they finished bottom. I reckon Plymouth will be finished in League 2 next year, an bottom half material in league 2. Stockport enter administration when they was 7th in League 1 and doing well with young team, a season after that, they finished bottom and now 2nd from bottom in League 2.

Why the **** we want to talk about SUFC going to administration, while we are doing well at the moment. Sturrock wouldn't come to us and be our manager, if he know that we have a bleak future off the pitch! We are doing well and I don't want us to go 3rd at end of March and watch us lose 10 points for entering administration as some wanted!!

 

[MattLloyd]

Well, look at Darlington, did going to administration helped them much? they was 2nd in League 2 in March about 3 years ago, before they lost 10 points by entering administration and a season after that, they finished bottom. I reckon Plymouth will be finished in League 2 next year, an bottom half material in league 2. Stockport enter administration when they was 7th in League 1 and doing well with young team, a season after that, they finished bottom and now 2nd from bottom in League 2.

Why the **** we want to talk about SUFC going to administration, while we are doing well at the moment. Sturrock wouldn't come to us and be our manager, if he know that we have a bleak future off the pitch! We are doing well and I don't want us to go 3rd at end of March and watch us lose 10 points for entering administration as some wanted!!

That's the problem, it's not a bleak future - it's a bleak present - we are almost bankrupt, under a transfer embargo, being taken to court again and cannot afford to pay players or staff - what do you suggest?

I love the fact we are doing so well on the pitch, it doesn't make a jot of difference if we cannot sort out our finances.