1st Club to go into Administration?

[Stellaboz]

17 minutes ago, Ross. said:

In a worst case sceniario, where maybe 10-20 of the clubs in the top 4 leagues go into administration at approximately the same time, how do the league deal with it? Are all of them hit with a 15 point deduction or is that rule ignored due to the circumstances that brought it about?

 

Decide placings by size of the club. For example, everyone knows Hearts are bigger than Aberdeen so they'd automatically be placed above them. 

[Dons_1988]

2 minutes ago, Stellaboz said:

Decide placings by size of the club. For example, everyone knows Hearts are bigger than Aberdeen so they'd automatically be placed above them. 

[Jacksgranda]

2 minutes ago, Stellaboz said:

Decide placings by size of the club. For example, everyone knows all Hearts fans think Hearts are bigger than Aberdeen so they'd automatically be placed above them. 

 

[Gaz FFC]

Be really pissed if the next team into administration is 1 with previous.

Any club especially the ones who double dipped administration should be watched like a hawk from the SFA and the 1st sign of debt and bad accounts jumped on.

[big al]

6 minutes ago, Gaz FFC said:

Be really pissed if the next team into administration is 1 with previous.

Any club especially the ones who double dipped administration should be watched like a hawk from the SFA and the 1st sign of debt and bad accounts jumped on.

Would normally agree with this but it’s incredibly tough times.

[Dons_1988]

Be really pissed if the next team into administration is 1 with previous.
Any club especially the ones who double dipped administration should be watched like a hawk from the SFA and the 1st sign of debt and bad accounts jumped on.

That’s a ridiculous position to take.

[Gaz FFC]

1 minute ago, big al said:

Would normally agree with this but it’s incredibly tough times.

Safe to say the club who blinks 1st were close anyway.

Read some of the above posts and you will see people justifying their choices by quoting previously spoken problems.

Yes this is very unfortunate for everyone but not an excuse of you were that close to the brink at the start of March

[Gaz FFC]

1 minute ago, Dons_1988 said:

 

That’s a ridiculous position to take.

 

Aw naw. Have I upset you?

[Dons_1988]

Aw naw. Have I upset you?

Why would your stupidity upset me

[Gaz FFC]

Just now, Dons_1988 said:

 

Why would your stupidity upset me

 

Insults?

 

Really?

[Dons_1988]

Insults?
 
Really?

Sorry, gaz.

[Durnford]

Sorry but for any club to go into administration within the next few months would likely have very little to do with financial mismanagement.

I'm not sure anyone could have seen this coming at the start of the season so how could you plan against it. There are also quite a few clubs that supplement their income from other revenue streams who will be getting hit twice 

[spiders4ever]

1 hour ago, Durnford said:

Sorry but for any club to go into administration within the next few months would likely have very little to do with financial mismanagement.

I'm not sure anyone could have seen this coming at the start of the season so how could you plan against it. There are also quite a few clubs that supplement their income from other revenue streams who will be getting hit twice 

Not true. One club has been financially mismanaged throughout its lifetime of 8 years.

[DA Baracus]

I enjoy talk of administration because some fans seem to think it's an easy process that just wipes your debts and lets you start over fresh.

Not saying anyone here is saying that, just that I've seen such chat before. There used to be a small number of Pars fans who said we should just do it 'to clear the debts' years before the club were forced to. It very killed the club and we were one judge's decision away from dying.

[Stellaboz]

If your club has never been in administration, you're not a real fan. 

[Sergeant Wilson]

4 hours ago, Durnford said:

Sorry but for any club to go into administration within the next few months would likely have very little to do with financial mismanagement.

I'm not sure anyone could have seen this coming at the start of the season so how could you plan against it. There are also quite a few clubs that supplement their income from other revenue streams who will be getting hit twice 

True, Livingston are carefully managed to stay just ahead of administration so they can dip in when required.

[topcat(The most tip top)]

6 hours ago, DA Baracus said:

I enjoy talk of administration because some fans seem to think it's an easy process that just wipes your debts and lets you start over fresh.

Not saying anyone here is saying that, just that I've seen such chat before. There used to be a small number of Pars fans who said we should just do it 'to clear the debts' years before the club were forced to. It very killed the club and we were one judge's decision away from dying.

It's also not a great process for creditors either

The implications of administration on a club immediately destroy much of the value that was in the business.

It probably costs them relegation and all the better players that could have been sold will walk.

What's more the players are effectively first in line as their money is, in effect, secured against the league membership so other creditors are pushed further down the queue and will end up having to accept a few pennies in the pound after a long process

That's why I voted none

From a creditors point of view it's really a last resort if you think there's no way the debtor is ever coming back from this while the troubles faced by clubs now are temporary. If there was a viable business there before then there can be again and it's better to be flexible

[realmadrid]

13 hours ago, thepundit said:

Rangers should be okay. They had about 4 or 5 home games to play where match day income would have generated about another 5k ticket sales per game so the club is only losing out on about £1m. They would arguably have incurred more than £1m in performance related bonus payments to the players if they'd finished the season so it probably won't make too much of a difference in the end. That Euro run this season has been massive, especially squeezing in a final home game on the day of the shutdown.

But are they one of those clubs who put the season tickets on sale before the previous season ends?

Thats actually something id like to see clubs not be able to do at all. 

[sjc]

If this pandemic goes on for a prolonged period of time, this could be the "reset" Scottish football desperately needed.....

[Illgresi]

Certain teams will look at this as an opportunity. Certain other teams are in a worse state financially, and may be more inclined to accept offers for their players.

I'd prefer if Aberdeen were the former.