Palace go into administration...

[Mellor 3 Ward 4]

It wont be long til Palace find a buyer, not pay people they owe, but instead spend millions in the next transfer window and go for promotion

a la Leicester, Leeds, Southampton.

The system is a joke.

IMO, if you go into administration, it should be a much stiffer penalty.

Don't know all the ins and outs, but how come Luton and Chester both got 30 point deductions?

Having said that, I do hope Palarse survive, albeit as a struggle hopefully in League 1. What's the point in having a rival that doesn't exist? If Warnock goes, they will go down. He stays - they'll stay up IMO.

What people (especially some Palarse fans) seem to forget, is that they have spent money they didn't have, or was someone else's. No those people won't get paid. Pay decent wages and spend money on transfers that you haven't got and you're going to have a decent team, anyone could do that, but it will come back to bite you later.

 

[clapham_gull]

Don't know all the ins and outs, but how come Luton and Chester both got 30 point deductions?

Other financial irregularities.

I agree ten points isn't enough, but I wouldn't increase that.

Additionally I would automatically stop the teams being promoted for the following two seasons. Bit like a match ban for the players.

 

[herbicide]

IMO, if you go into administration, it should be a much stiffer penalty.

That would just play into the hands of the premiership big boys. They rub their hands in glee when smaller clubs get into trouble. You should be hoping it doesn't happen to Brighton. We are all on a knife-edge in the lower leagues.

 

[itszamora]

That would just play into the hands of the premiership big boys. They rub their hands in glee when smaller clubs get into trouble. You should be hoping it doesn't happen to Brighton. We are all on a knife-edge in the lower leagues.

True, but without trying to sound smug I think that's why we have always lived within our means - even if it has at times meant the team have been a bit shit. With the stadium and Mr Bloom's financial backing (importantly, he's said he wants the club to work as a business and not be reliant on cash injections), hopefully brighter times are around the corner.

 

[Questions]

That would just play into the hands of the premiership big boys. They rub their hands in glee when smaller clubs get into trouble. You should be hoping it doesn't happen to Brighton. We are all on a knife-edge in the lower leagues.

Really.................... we wouldn`t know about that. I mean money worries have never come into it with us , have they ?:US:

 

[herbicide]

Really.................... we wouldn`t know about that. I mean money worries have never come into it with us , have they ?:US:

You didn't read what I was replying to, did you.

Anyway, this is a bit of news from Pompey...

http://www.portsmouth.vitalfootball.co.uk/forum/forums/thread-view.asp?tid=9849&posts=10

 

[Barrel of Fun]

Not living within our means was the catalyst of losing our stadium, albeit indirectly.

 

[Dave the OAP]

....and to be fair, if Bloom hadn't come along, who knows what would have happened. certainly the Banks told us to offski when we wanted financing for a new stadium.

Again, our situation is based on one man here...what would happen if he fell under a bus?

we are relying on the very situation that the Supporters Club said would be disasterous for the club, ie to be owned by one man

 

[Questions]

You didn't read what I was replying to, did you.

Anyway, this is a bit of news from Pompey...

http://www.portsmouth.vitalfootball.co.uk/forum/forums/thread-view.asp?tid=9849&posts=10

You were replying to the dangers of going into administration were you not ?
We could have gone down that route but even though a huge debt has been owed, it was not to outside peoples or the HMRC and so we have MANAGED it without having to RUN TO ADMIN. You talk like its an act of God but it is down to the fact that your club has been run poorly and you have overspent trying to keep up with other bigger championship clubs who are striving for the Premiership. If Tangoman had sold your ground and put you through the hell we have been through I would have all the sympathy in the world for you but your circumstances are totally different than ours but you deem it necessary to warn us that your predicament could happen to us. Your board should have seen this coming ages ago and cut their cloth accordingly but they always knew that when it got really serious they could pull the plug and screw everyone that they owed money too and run for admin. Nothing to proud of there IMO. God 10 points is really getting off with it.

I hope you get out of it abeit very very slowly.

 

[Questions]

Not living within our means was the catalyst of losing our stadium, albeit indirectly.

Ridiculous. When has selling your ground been a logical step in reducing ones debt. Yes BoF we were in financial straights but there were all manner of roads we could have gone down without selling our home.

If you are correct then we owe Archer a big apology and he should have a statue outside Falmer for all he did in saving our club.

 

[herbicide]

You were replying to the dangers of going into administration were you not ?
We could have gone down that route but even though a huge debt has been owed, it was not to outside peoples or the HMRC and so we have MANAGED it without having to RUN TO ADMIN. You talk like its an act of God but it is down to the fact that your club has been run poorly and you have overspent trying to keep up with other bigger championship clubs who are striving for the Premiership. If Tangoman had sold your ground and put you through the hell we have been through I would have all the sympathy in the world for you but your circumstances are totally different than ours but you deem it necessary to warn us that your predicament could happen to us. Your board should have seen this coming ages ago and cut their cloth accordingly but they always knew that when it got really serious they could pull the plug and screw everyone that they owed money too and run for admin. Nothing to proud of there IMO. God 10 points is really getting off with it.

I hope you get out of it abeit very very slowly.

I certainly wasn't talking about "Tangoman"/ How our club was run/ The Board, etc.

I was just replying to Mellor who said that the penalties for going into administration should be stiffer.

I don't agree.

 

[Dave the OAP]

do you reckon Pompey have as their owner the only rich Arab who is not actually rich?

 

[Barrel of Fun]

Ridiculous. When has selling your ground been a logical step in reducing ones debt. Yes BoF we were in financial straights but there were all manner of roads we could have gone down without selling our home.

If you are correct then we owe Archer a big apology and he should have a statue outside Falmer for all he did in saving our club.

What I meant was that we ended up in the hands of a crook as we had overspent and were at the mercy of any old sailor. If we had been more prudent then we wouldn't have been in that position.

 

[Questions]

I certainly wasn't talking about "Tangoman"/ How our club was run/ The Board, etc.

I was just replying to Mellor who said that the penalties for going into administration should be stiffer.

I don't agree.

I`m not picking on Palace here, because its been done so many times now that you are hardly alone, but it still irks me. if there was a MUCH bigger penalty you cannot tell me that clubs would not be more prudent in the way they are run their financial matters.
You have gained an unfair advantage in my opinion.

Any way on a slightly different note, how much is the orangeman worth by the way herbicide ?

 

[Questions]

What I meant was that we ended up in the hands of a crook as we had overspent and were at the mercy of any old sailor. If we had been more prudent then we wouldn't have been in that position.

I see that.

We could have still been stitched by that (unt even if we were worth tens of millions though BoF. He would just have gone about it in a different way.

 

[rcf0712]

You are as close to your drop zone as we are...better make sure YOU stay up first eh?

am I bovered?

 

[herbicide]

I`m not picking on Palace here, because its been done so many times now that you are hardly alone, but it still irks me. if there was a MUCH bigger penalty you cannot tell me that clubs would not be more prudent in the way they are run their financial matters.
You have gained an unfair advantage in my opinion.

Any way on a slightly different note, how much is the orangeman worth by the way herbicide ?

Bloody hell! Machiavelli lives on the NSC forum!

Jordan is still a few quid in front of me. I don't know what he is worth but it doesn't really matter now as he doesn't control the clubs finances. The club owes about £30m.

 

[Questions]

Bloody hell! Machiavelli lives on the NSC forum!

Jordan is still a few quid in front of me. I don't know what he is worth but it doesn't really matter now as he doesn't control the clubs finances. The club owes about £30m.

No he doesn`t own the clubs finances does he ? The administrators do.

Now that was more Voltaire wasn`t it ??

 

[Perry Milkins]

Bloody hell! Machiavelli lives on the NSC forum!

Jordan is still a few quid in front of me. I don't know what he is worth but it doesn't really matter now as he doesn't control the clubs finances. The club owes about £30m.

Would he not be a Fiorentina fan then?

 

[herbicide]

“Judge a man by his questions rather than by his answers” (Voltaire).