IF?

[Andy06]

Sorry to be the doom and gloom merchant, but admin wouldn't guarantee the end of mold - if they had the cheek (and the cash) they could attempt to buy the club back. I wouldn't put anything past them.

 

i wouldnt have thought that would happen again they had to ask the fans for money when they tried to buy vale. The rep the mold have cant see them allowed near another football club tbf

[dave8509]

Im confused with the whole thing, you cant get a stright answer without someone going off topic or on a tangent.

 

In real Leymans terms because I am a real Leyman. What are the next steps and what could potentially happen between now and March.

 

The administrators would be obliged to get the best return for the assets of Port Vale.

This could mean that the highest offer could come from a party who may decide to demolish the lot!

 

How does that possibility grab yer?

 

No admin at all costs!

[Valiant Haze]

The administrators would be obliged to get the best return for the assets of Port Vale.

This could mean that the highest offer could come from a party who may decide to demolish the lot!

 

How does that possibility grab yer?

 

No admin at all costs!

 

Must do better old boy.....

[blackdog]

The administrators would be obliged to get the best return for the assets of Port Vale.

This could mean that the highest offer could come from a party who may decide to demolish the lot!

 

How does that possibility grab yer?

 

No admin at all costs!

 

What would be gained by demolishing the lot?

[Fosse69]

I think of the Interim Board as being our own administrators, which is cheaper than paying administrators, if that helps anyone.

[Eric Cartman]

Sorry to be the doom and gloom merchant, but admin wouldn't guarantee the end of mold - if they had the cheek (and the cash) they could attempt to buy the club back. I wouldn't put anything past them.

 

That's impossible, surely?

 

Why would the Administrators sell the Club back to the people responsible for it entering Administration in the first place?

[blackdog]

The thought of Miller and Deakin having to pay the administrators for their nil paid shares does have a certain attraction !

[Birches Head Fred]

What would be gained by demolishing the lot?

 

Plenty of room for a Mosque. ===

[werstayinup]

If the club were to go into admin next week...what would happen and where would we stand? A lot of people a bit confused by this,me included. Would it mean a certain end for the current board?

 

I cant see that happening one bit.

 

The only time they would do that is if they have somehow managed get their money back from shares,so they dont lose their money.

[One_Eyed_Dog]

The administrators would be obliged to get the best return for the assets of Port Vale.

This could mean that the highest offer could come from a party who may decide to demolish the lot!

 

How does that possibility grab yer?

 

No admin at all costs!

 

So you'd pay to demolish Vale Park and then pay.to have a change of use in the planning permisson then pay to build on it?

 

Or you can build on thenumerous brownfield sites thc council are practically giving away?

 

Eeeerrrr I know which obne I'd do.

[One_Eyed_Dog]

I cant see that happening one bit.

 

The only time they would do that is if they have somehow managed get their money back from shares,so they dont lose their money.

 

Its how it works. An administrator is appointed and unless they are secured creditors they won't get a bean. No shareholder will.

[Borat]

How many times are we going to go around the possible scenarios?

[One_Eyed_Dog]

How many times are we going to go around the possible scenarios?

 

We? You're we now are you? I thought you were ***** *****.

[Animal]

Agree with concern over admin....it must be a last resort.

 

But...the administrators don't neccessarily have to go with the highest bidder....V2001 weren't.

 

Sometimes the continuation of a trade, whether in a new limited company or not, is better than receiving a larger capital sum.

[werstayinup]

Its how it works. An administrator is appointed and unless they are secured creditors they won't get a bean. No shareholder will.

 

What i mean is,no way will they put us in admin as they would lose all their money unless they have some way managed to get their cash back one way or another:ninja: