canaries 0 Posted December 4, 2008 our we close to administration sources to close to the club say we have got to find 2. 5 million pound to pay rbs this month . read rick waghorns article. Share this post Link to post Share on other sites
Thecanaryfan 0 Posted December 4, 2008 Are we close to administration? Sources close to our club say we have got to find £2.5m to pay RBS this month. Read Rick Waghorns article. Share this post Link to post Share on other sites
canaries 0 Posted December 4, 2008 thanks what do u reckon then Share this post Link to post Share on other sites
Beauseant 0 Posted December 4, 2008 Morning Chris. Presumably its your brother''s turn with your sister today? Share this post Link to post Share on other sites
Joanna Grey 0 Posted December 4, 2008 [quote user="Beauseant"]Morning Chris. Presumably its your brother''s turn with your sister today?[/quote]ROFLHARRIS. Share this post Link to post Share on other sites
Thecanaryfan 0 Posted December 4, 2008 [quote user="Delia S. Tickers"][quote user="Beauseant"]Morning Chris. Presumably its your brother''s turn with your sister today?[/quote]ROFLHARRIS.[/quote]Two little boys. Share this post Link to post Share on other sites
Tipster101 0 Posted December 4, 2008 hate to piss on your Morvid BBQ, but NCFC is nowhere near administration, anyone with any accounting knowledge can see that when looking at the accounts and from listening to the boards talk on how the loans are secured. and anyhooo Cullum has stated that were NCFC to ever get in trouble like administration looming, he would step in to stop this occuring, so that we wouldnt lose the 10 points. Share this post Link to post Share on other sites
canaries 0 Posted December 4, 2008 20 million in debt and set to lose 2 to 3 million for next 2 years that came from the club. Share this post Link to post Share on other sites
Tipster101 0 Posted December 4, 2008 [quote user="canaries"]20 million in debt and set to lose 2 to 3 million for next 2 years that came from the club.[/quote] that does not mean administration is certain though. It is a gloomy financial picture but it is an easily manageable situationWithout getting to complex in my explanation and keeping it simple - look at all the clubs who are worse off than us and still not in admin. Share this post Link to post Share on other sites
WeAreYellows49 0 Posted December 4, 2008 [quote user="Tipster101"][quote user="canaries"]20 million in debt and set to lose 2 to 3 million for next 2 years that came from the club.[/quote] that does not mean administration is certain though. It is a gloomy financial picture but it is an easily manageable situationWithout getting to complex in my explanation and keeping it simple - look at all the clubs who are worse off than us and still not in admin. [/quote]So what would it take for us to go into administration?Non payment of debts owed to the bank? ( like the money due this month). Relegation?You seem to know a lot about our clubs finances, and say administration is not certain. Share this post Link to post Share on other sites
Mr Brownstone 0 Posted December 4, 2008 [quote user="Tipster101"]and anyhooo Cullum has stated that were NCFC to ever get in trouble like administration looming, he would step in to stop this occuring, so that we wouldnt lose the 10 points.[/quote]I wouldn''t put my house on it. Smells of recylcling to me........ Share this post Link to post Share on other sites
Beauseant 0 Posted December 4, 2008 [quote user="Mr Brownstone"][quote user="Tipster101"] and anyhooo Cullum has stated that were NCFC to ever get in trouble like administration looming, he would step in to stop this occuring, so that we wouldnt lose the 10 points.[/quote]I wouldn''t put my house on it. Smells of recylcling to me........[/quote] I''m afraid that Mr Cullum says a great deal, but appears to actually do very little.Still its all good publicity..... Share this post Link to post Share on other sites
Mr Brownstone 0 Posted December 4, 2008 [quote user="Beauseant"][quote user="Mr Brownstone"][quote user="Tipster101"] and anyhooo Cullum has stated that were NCFC to ever get in trouble like administration looming, he would step in to stop this occuring, so that we wouldnt lose the 10 points.[/quote]I wouldn''t put my house on it. Smells of recylcling to me........[/quote] I''m afraid that Mr Cullum says a great deal, but appears to actually do very little.Still its all good publicity.....[/quote]That wasn''t exactly what i meant Beauseant. Share this post Link to post Share on other sites
Beauseant 0 Posted December 4, 2008 [quote user="Mr Brownstone"][quote user="Beauseant"][quote user="Mr Brownstone"][quote user="Tipster101"] and anyhooo Cullum has stated that were NCFC to ever get in trouble like administration looming, he would step in to stop this occuring, so that we wouldnt lose the 10 points.[/quote]I wouldn''t put my house on it. Smells of recylcling to me........[/quote] I''m afraid that Mr Cullum says a great deal, but appears to actually do very little.Still its all good publicity.....[/quote]That wasn''t exactly what i meant Beauseant.[/quote] I know. I''m just feeling grumpy! Share this post Link to post Share on other sites
Tipster101 0 Posted December 4, 2008 [quote user="WeAreYellows49"][quote user="Tipster101"] [quote user="canaries"]20 million in debt and set to lose 2 to 3 million for next 2 years that came from the club.[/quote] that does not mean administration is certain though. It is a gloomy financial picture but it is an easily manageable situationWithout getting to complex in my explanation and keeping it simple - look at all the clubs who are worse off than us and still not in admin. [/quote]So what would it take for us to go into administration?Non payment of debts owed to the bank? ( like the money due this month). Relegation?You seem to know a lot about our clubs finances, and say administration is not certain.[/quote] I''m an accountant Share this post Link to post Share on other sites
WeAreYellows49 0 Posted December 4, 2008 [quote user="Beauseant"][quote user="Mr Brownstone"][quote user="Beauseant"][quote user="Mr Brownstone"][quote user="Tipster101"] and anyhooo Cullum has stated that were NCFC to ever get in trouble like administration looming, he would step in to stop this occuring, so that we wouldnt lose the 10 points.[/quote]I wouldn''t put my house on it. Smells of recylcling to me........[/quote] I''m afraid that Mr Cullum says a great deal, but appears to actually do very little.Still its all good publicity.....[/quote]That wasn''t exactly what i meant Beauseant.[/quote] I know. I''m just feeling grumpy![/quote] Does grumpy like it? [;)][:)] Share this post Link to post Share on other sites
WeAreYellows49 0 Posted December 4, 2008 But what would it take Tipster to put us into administration was what I was trying to ask lol? Share this post Link to post Share on other sites
singing canary 0 Posted December 4, 2008 if we go into admin..we will have points deducted , nightmare , Share this post Link to post Share on other sites
SwindonCanary 455 Posted December 4, 2008 close to administration ? I don''t think so but the transfer kitty is empty and the board have put in as much as they can, so we are just ''hanging in there.''Why is it you can never find that multi millionaire when you want one ? Share this post Link to post Share on other sites
Beauseant 0 Posted December 4, 2008 [quote user="WeAreYellows49"][quote user="Beauseant"][quote user="Mr Brownstone"][quote user="Beauseant"][quote user="Mr Brownstone"][quote user="Tipster101"] and anyhooo Cullum has stated that were NCFC to ever get in trouble like administration looming, he would step in to stop this occuring, so that we wouldnt lose the 10 points.[/quote]I wouldn''t put my house on it. Smells of recylcling to me........[/quote] I''m afraid that Mr Cullum says a great deal, but appears to actually do very little.Still its all good publicity.....[/quote]That wasn''t exactly what i meant Beauseant.[/quote] I know. I''m just feeling grumpy![/quote] Does grumpy like it? [;)][:)][/quote] LMAO! He certainly seemed to and now I''m feeling happy[:$] Share this post Link to post Share on other sites
singing canary 0 Posted December 4, 2008 well we did find one .. the cooking bint is being stubborn Share this post Link to post Share on other sites
WeAreYellows49 0 Posted December 4, 2008 [quote user="Beauseant"][quote user="WeAreYellows49"][quote user="Beauseant"][quote user="Mr Brownstone"][quote user="Beauseant"][quote user="Mr Brownstone"][quote user="Tipster101"] and anyhooo Cullum has stated that were NCFC to ever get in trouble like administration looming, he would step in to stop this occuring, so that we wouldnt lose the 10 points.[/quote]I wouldn''t put my house on it. Smells of recylcling to me........[/quote] I''m afraid that Mr Cullum says a great deal, but appears to actually do very little.Still its all good publicity.....[/quote]That wasn''t exactly what i meant Beauseant.[/quote] I know. I''m just feeling grumpy![/quote] Does grumpy like it? [;)][:)][/quote] LMAO! He certainly seemed to and now I''m feeling happy[:$][/quote]lol well at least it made you smile [;)] Share this post Link to post Share on other sites
WeAreYellows49 0 Posted December 4, 2008 Merry Xmas ''Beauseant'''' & all before I forget. Share this post Link to post Share on other sites
Beauseant 0 Posted December 4, 2008 [quote user="WeAreYellows49"]Merry Xmas ''Beauseant'''' & all before I forget.[/quote] And to the two of you! I''m still waiting for my "special " Christmas present, my first grandchild, but only two weeks to go now,so getting very excited!! Share this post Link to post Share on other sites
Tangible Fixed Assets anyone? 0 Posted December 4, 2008 [quote user="canaries"]our we close to administration sources to close to the club say we have got to find 2. 5 million pound to pay rbs this month . read rick waghorns article.[/quote]How about squeezing £4m. from the working capital (as at the 31/5/08) ? Share this post Link to post Share on other sites
WeAreYellows49 0 Posted December 4, 2008 [quote user="Beauseant"][quote user="WeAreYellows49"] Merry Xmas ''Beauseant'''' & all before I forget.[/quote] And to the two of you! I''m still waiting for my "special " Christmas present, my first grandchild, but only two weeks to go now,so getting very excited!![/quote]Not long to wait, who says it will be 2 weeks lol the babies run by their own time pieces, which means when they are ready they will pop out lol.Grand kids are a joy, wouldn''t be without ours. We have another due the start of February, 12llbs they reckon [:S] Share this post Link to post Share on other sites
ncfc90 0 Posted December 4, 2008 [quote user="thecanaryfan"]Are we close to administration? Sources close to our club say we have got to find £2.5m to pay RBS this month. Read Rick Waghorns article.[/quote]You have to be more supportive of the people who can''t spell. Earlier in the season i heard a Sheffield united fan talking to his friend " You know only 1 in 10 can read or write down here" he said, which made me chuckle Share this post Link to post Share on other sites