Here's another thought - if they can survive until the split and then enter admin then would it be the case that any points deduction would leave them 6th at worst?
Here's another thought - if they can survive until the split and then enter admin then would it be the case that any points deduction would leave them 6th at worst?
A 25 point deduction is for a second insolvency event within 5 years. If you take 5 years from the date dead club first went into admin, as opposed to going into liquidation, then it's just 15 points. I'm sure that's the way the SFA will see it
Again, take this with a large pinch of salt, but administration may not be that much use to them.
- Some people reckon Ashley has the merchandise rights sewn up so that he'd retain them after admin or liquidation - a new owner won't make much from it unless they rebrand completely
- Again, some people reckon it will cost £9m to replace the dodgy roofs on 3 stands - that doesn't go away with admin
- The majority of their debt is to shareholders/directors - they would kiss goodbye any chance of getting their money back by going into admin
- They could get rid of some high earners by going into administration, but King showed last week how to get rid of 3 of them anyway
Having said all that, I still reckon they'll go under, as there will come a point when people realise there's no point throwing more money at a lost cause.