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Points


tonyh

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Do the administrators believe that we've already got enough points (43) to stay up. Offloading a leading goalscorer (Rigg) seems to be tempting fate. As he's 23, are they expecting a fee after the loan spell or just cutting wages?

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In my opinion there are two places to be. The first is we lose some players during adminsitration and ahead of end of contracts anyway, but the players retained are good enough and committed enough through the troubles to win us 5 more games to get safe. The second position is that a creditors voluntary agreement is not reached in the permitted timescales set by the football league and more points are deducted. That is likely to put us at severe risk of relegation.

 

Another free radical factor is a judge. He is about to rule in an HMRC test case brought to overall the football league preferred creditor rule. This states that employees and debts owed to other clubs must be given preference over other creditors and if not the club will be ejected from the league. The long term effect of this change would be an impact on transfers - less based on instalments - but in Port Vale's position presently I am unclear what it might mean. Possibly not much if football linked creditors are not significant and employees are preferential creditors anyway.

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In my opinion there are two places to be. The first is we lose some players during adminsitration and ahead of end of contracts anyway, but the players retained are good enough and committed enough through the troubles to win us 5 more games to get safe. The second position is that a creditors voluntary agreement is not reached in the permitted timescales set by the football league and more points are deducted. That is likely to put us at severe risk of relegation.

 

Another free radical factor is a judge. He is about to rule in an HMRC test case brought to overall the football league preferred creditor rule. This states that employees and debts owed to other clubs must be given preference over other creditors and if not the club will be ejected from the league. The long term effect of this change would be an impact on transfers - less based on instalments - but in Port Vale's position presently I am unclear what it might mean. Possibly not much if football linked creditors are not significant and employees are preferential creditors anyway.

 

Have we any football linked creditors? Surely we are not still paying off transfer fees, or compensation to managers? Was not the Nantwich debt cleared? Or am I missing something?

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