Is it possible that financials are that bad,

[hardlypotter]

including previously board level alleged misdemeanours, that the administrator may be does want to keep Adams on and the nucleus of the team, but in reality when all is reported properly there could be a bigger points deduction (and relegation) with manager and players wanting out sooner then later?

[phizz]

including previously board level alleged misdemeanours, that the administrator may be does want to keep Adams on and the nucleus of the team, but in reality when all is reported properly there could be a bigger points deduction (and relegation) with manager and players wanting out sooner then later?

 

Of course they are bad we have just gone into admin,its not ok cause the board have gone there will be casualty's on and off the pitch,it was never the easy option.

[hardlypotter]

Phizz yes things are bad but how bad and what could be the points deduction when all the alleged financial misdemeanours are brought to the attention of the authorities?

[BigG1968]

A lot of people realise that admin was never going to be easy, this is just the start , but the ultimate goal has been achieved, and that was the board gone.

 

I have no doubt there is going to be irregularities in them books, anybody can see that, the crooks were hanging on for dear life, but now we have to let Mr Young and his staff sift through any paperwork that hasn't been shredded and report his findings, if Vale end up in more trouble, so be it.

 

Hopefully they will be heading to ex-board members to bring in the money owed by them as guarantors firstly.

[BRIT1974]

Phizz yes things are bad but how bad and what could be the points deduction when all the alleged financial misdemeanours are brought to the attention of the authorities?

 

Listening to Nick Owen on the radio the other day he hinted at if financial irregularities are bad then we could be staring down the barrel if a gun loaded with 30 to 40pts!:(

[portvalemarket]

A lot of people realise that admin was never going to be easy, this is just the start , but the ultimate goal has been achieved, and that was the board gone.

 

I have no doubt there is going to be irregularities in them books, anybody can see that, the crooks were hanging on for dear life, but now we have to let Mr Young and his staff sift through any paperwork that hasn't been shredded and report his findings, if Vale end up in more trouble, so be it.

 

Hopefully they will be heading to ex-board members to bring in the money owed by them as guarantors firstly.

 

 

Does BY have to report any irregularities to the FL?

[hardlypotter]

Does BY have to report any irregularities to the FL?

 

Is he an "officer" of the court (acting or otherwise?)

[WEMBLEY OF THE NORTH]

Listening to Nick Owen on the radio the other day he hinted at if financial irregularities are bad then we could be staring down the barrel if a gun loaded with 30 to 40pts!:(

 

That will only be if it benefited us on the pitch. It didn't. End of story. No problem.

[melv]

including previously board level alleged misdemeanours, that the administrator may be does want to keep Adams on and the nucleus of the team, but in reality when all is reported properly there could be a bigger points deduction (and relegation) with manager and players wanting out sooner then later?

 

Wasn't it about £4m debts that he mentioned on the radio.Or was that mentioned by someone else?

[Valiant in Brum]

That will only be if it benefited us on the pitch. It didn't. End of story. No problem.

 

I am afraid you're just stating what you're hoping all clubs have to be treated the same. If their is serious irregularties then it will be another 20 pts whether you like it or not.

[melv]

That will only be if it benefited us on the pitch. It didn't. End of story. No problem.

 

So the main aim of V2001 including with Deakin failed as nothing they have done has benefited the club on the pitch.

[BRIT1974]

That will only be if it benefited us on the pitch. It didn't. End of story. No problem.

 

I personally don't think you're right, I really hope you are though fella. I wouldn't be thinking like that personally, if it did happen it would hit me like a ton of bricks, hope you're not setting yourself up for a massive piece of heartache.

[elav trop 1876]

brit i agree

i think there is more to be uncovered (just a feeling)and if fa finance rules have been breached then further points deduction could happen,, there cant be much more to get adams more down other than to let players go wage reduction etc which he would of been prepared for but further points reduction and relegation he would not of expected..

 

hope im wrong but i do think theres another punch in the gut to come.

[llcoolj]

Mike Lloyd said the books were fine, there's nothing to worry about!

[geosname]

If the financials were not bad we wouldnt be in admin