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tommy tucker

Manager
Joined
May 24, 2009
Messages
2,147
We have again avoided going into Administration again but by the way some talk on hear it seems they would rather have that than Ron keep paying up all be late . So is Ron didn't pay and we did go down the road of Administration what would we gain a ten point deduction and maybe even more problems .IE playing catch up from the rest of the league . I for one am pleased Ron keeps finding the money better the devil you know than the devil you don't .
 
Joined
Nov 13, 2011
Messages
8,249
Location
SW1A 0PW
We have again avoided going into Administration again but by the way some talk on hear it seems they would rather have that than Ron keep paying up all be late . So is Ron didn't pay and we did go down the road of Administration what would we gain a ten point deduction and maybe even more problems .IE playing catch up from the rest of the league . I for one am pleased Ron keeps finding the money better the devil you know than the devil you don't .

Translation:
We have avoided going into Administration again but by the way some talk on here it seems they would rather have that than Ron continually paying up - all be it rather late. So if Ron didn't pay and we did go down the road of Administration, what would we gain a ten point deduction and the associated problems such as playing catch up with the rest of the league? I for one am pleased Ron keeps finding the money. Better the devil you know than the devil you don't.


I think you have answered your own question. :thumbsup:
 

OldBlueLady

Junior Blues Coordinator⭐
Joined
Dec 27, 2007
Messages
48,858
Location
Benfleet
It's not a case of "finding the money", I think it's more a case of juggling the money, and Ron is the ringmaster - there you go SBH, there's a lead for your next cartoon!
 

Another Surrey Shrimper

Life President
Joined
Jun 4, 2011
Messages
8,905
Location
Carshalton, Surrey
Translation:
We have avoided going into Administration again but by the way some talk on here it seems they would rather have that than Ron continually paying up - all be it rather late. So if Ron didn't pay and we did go down the road of Administration, what would we gain a ten point deduction and the associated problems such as playing catch up with the rest of the league? I for one am pleased Ron keeps finding the money. Better the devil you know than the devil you don't.


I think you have answered your own question. :thumbsup:
You just made me read that twice - I can't afford the investment of time to read the same thing twice - I demand an apology
 

Jam_Man

Life President
Joined
Apr 7, 2005
Messages
25,545
Location
Southend
Quite a lot, if he had to sell it on for a nominal fiver/quid to liqudate his debts.

SUFC goes into admin.

Administrators come in, there are no assets. Parent company is owed 9 million or so.

Ground is owned by another company that isnt in administration.

Why does Ron Martin have to sell the ground ?

And then find someone else who's prepared to drop 100k a month...hmmmm .

This argument always comes up, clubs always get buyers. Someone would be interested. Its the fact that Ron cant sell at the moment as he wont get an offer that will cover his losses.
 

Mick

Life President
Joined
Oct 28, 2003
Messages
10,361
He'd dictate the course of administration, and unless he decides to fold, is that what we want?

The course of Administration (which I think is unlikely anyway) would be dictated by the Administrator, not the failed previous Chairman.
 

Jam_Man

Life President
Joined
Apr 7, 2005
Messages
25,545
Location
Southend
I'm not worried about it helping him.I'm more interested in it helpng us.

Ron Martin isnt going to commit financial suicide to help us.

The parent club own the ground, they dont have to sell it if SUFC go into administration.

If we go into admin and that 9 million debt is wiped the parent company still owe Sainsbury and others millions so if they do sell anything then they will be trying to recoup the 9 million they have put into the club.

I am no expert but I do not see how SUFC benefit in any way at all if we go into administration.

The course of Administration (which I think is unlikely anyway) would be dictated by the Administrator, not the failed previous Chairman.

Surely if that chairman is the person the debt is owed to then he does have a part to play ?
 
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