[cite]Posted By: floydandharvey[/cite]The numnut has got a lob-on 'cause a DirtyLeeds chavboard chomped on his sugar lump off of the numnut board (Addickted). Unlike most clubs 75% of our debt is friendly, you dingbat. Charlton going into administration would be totally retarded - effectively the board flushing their own money down the loo - it will never happen. Jog on or buy a braincell.
I didn't know you were a fellow numnut, what name do you hide under...?
Why on earth do people not understand this.
1. Most of our debt is owed to directors.
2. The "upside" of administration - if you can have an upside to screwing people out of money that you owe them - is that you get to write off a (probably large slice) of money that you know.
3, If our directors wanted to lose the money they've leant to club they could simply write it off without the 15 point hit, and without becoming one of the dirty bunch of thieving administration jockey clubs.
This really isn't difficult, can we just bin this? Please?
Comments
And what's this Leeds reference you refer to...?
1. Most of our debt is owed to directors.
2. The "upside" of administration - if you can have an upside to screwing people out of money that you owe them - is that you get to write off a (probably large slice) of money that you know.
3, If our directors wanted to lose the money they've leant to club they could simply write it off without the 15 point hit, and without becoming one of the dirty bunch of thieving administration jockey clubs.
This really isn't difficult, can we just bin this? Please?
You put it much more succinctly than I did in my post above.