.... if Portsmouth went bust before the season end.
Long Link:
http://www.telegraph.co.uk/sport/football/teams/portsmouth/9116601/How-Championship-table-would-look-with-Portsmouths-results-expunged.html
Short Link:
http://tgr.ph/woe7cC
Leeds would drop a place...
posted on 2/3/12
George Clooney NJS.... great name
posted on 2/3/12
Although Pompey and their long list of bent, money laundering overseas owners have brought it on themselves, you've still got to feel sorry for the fans. Fans make the club and without them theres no business, so its part of the local community. (Maybe Bates should think about that)
Luton are a classic case of a very badly run club, that had owners and directors milking them dry and then breaking every rule in the book, to defraud the club, break agents rules etc, etc, etc. They went into administration for the 3rd time a couple of years ago, and were bought by a consortium of fans with cash. These new owners were shafted because even though the past misdeeds were done by someone else, they suffered -35 points deductions dropping them out of the league. The fans stayed loyal, but even today they are still struggling to come back. So these affluent fans who clubbed together to invest in their local club have basically blown all their money and will never get it back.
HMRC are not the only body out to sort out the football creditor rule. next week theres an early day motion in the commons where an MP has instigated a debate to have it scrapped, as its not legal and goes against EU trade legislation. he's also correct in saying that the creditor rule means that HMRC only get a miniscule % of what they are owed, once the footballers get their 100%. In effect it means my taxes are subsidising some football clubs which is blatantly wrong.
posted on 2/3/12
Sir Thomas did you enjoy the Atkinson Grimshaw
exhib?
I saw it London, some great pictures of Leeds city
centre and Roundhay Park!
posted on 2/3/12
Comment Deleted by Site Moderator
posted on 2/3/12
I think they had an exhibition in Harrogate as well as
London I believe?
I think he had 13 children, 6 or 7 died young, at the
turn of the 20th century, late 19th...and he was a
middle class citizen...childhood diseases in those
days killed thousands in Leeds and districts!
posted on 2/3/12
Towton, genuine nice guy, so its Nice but dim, sorry pesky old irony again. So let me get this right, to be on the board you must have a name, so you think you are actually Sir Thomas of Towton. Delusion just do not touch it.
posted on 2/3/12
Comment Deleted by Site Moderator
posted on 2/3/12
Sir Thomas, will look
posted on 2/3/12
When a business goes into administration, everyone it owes money to becomes a creditor. That includes employees who are made redundant, and any wages and holiday pay they're owed is added to the list of creditors. So if the company went bust with debts of £1m, the administrators try and sell the business for the highest price possible and after taking out a massive amount for their administration fees, whatevers left is divided up between all the creditors. This could mean everyone getting nothing or a few pence in the pound.
In football and only our football players, management and other football clubs get 100% which leaves nothing in the pot. Football players are employees and should have to suffer like the rest of us who are made redundant and become a creditor. This leaves more cash as a % to be shared out to all the creditors, as is common practice throughout the world. Why should football be treated differently as a special case. Whats special about them as most of them wouldn't even know the difference if they'd been paid or not.
posted on 2/3/12
100% right doc