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The Administration Thread


Boycie

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3 minutes ago, Foreveram said:

Crackerjack?

Is he the 4th bidder? at least he will have a pen and pencil to sign something, if the Admin have something to sign, a Rooney shirt perhaps or a dcfc football perhaps..............

Edited by Inverurie Ram
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9 minutes ago, B4ev6is said:

I think we shall all know who our new owner is or owners are.

Don’t think Q will tell us on Friday (today) who the new owners will be. They are going to tell the EFL and when EFL have approved them, we will be told. But hopefully they will at least confirm on Friday (today) that a PB has been appointed 

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2 hours ago, CornwallRam said:

Difficult to say that definitively. I have been unable to find a copy of the EFL insolvency policy anywhere on-line. I have read  journalists report that the rules are now aligned to legislation and that requires any settlement to be agreed by HMRC as the preferential creditor.

 

But that isn't legislation either. The legislation does not say preferred creditors have to be paid 100%.

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