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JuanVelasco

£3 million THE TRUTH.

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The approximate cost of Cullum taking this club out of administration, with ALL secured (due) creditors paid, and the costs of the administrators met.

£16m the approximate cost of Cullum taking over the club from Delia.

The asset stripping, the lack of investment, not flying to games, the cheap managers...... all about protecting DELIA SMITHS INVESTMENT.

NOT about protecting this club. Why cant anybody see this? The only party that loses from administration is Delia. The fans, the communities, the creditors would lose NOTHING as long as Cullum is there with £3m.

This relegation has been chosen ABOVE administration, out of pure selfishness of a rich lady who doesnt want to write off her investment.

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Ryan- prepare to be shot to bits when the "if it wasn''t for Delia we would have no club brigade" to surface.

Still Smiling Smith after your sycophantic appearnce on Sky?

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The only party that loses from administration is Delia. The fans, the communities, the creditors would lose NOTHING as long as Cullum is there with £3m.

Come on Ryan, explain how this would work for local companies who are owed money by the club??

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[quote user="singing canary"]i dont think there is many about now !!![/quote]

Yes...but where were you lot when we might have been able to do something about it?

A serious challenge to her status via a protest or boycott (thus damaging to her precious persona) could have helped avoid this disaster. Instead we now have lots of disgruntled sheep who feel publicly fleeced.

Well.... you''ve made your bed and all that........

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[quote user="ryan85k"]

The approximate cost of Cullum taking this club out of administration, with ALL secured (due) creditors paid, and the costs of the administrators met.

£16m the approximate cost of Cullum taking over the club from Delia.

The asset stripping, the lack of investment, not flying to games, the cheap managers...... all about protecting DELIA SMITHS INVESTMENT.

NOT about protecting this club. Why cant anybody see this? The only party that loses from administration is Delia. The fans, the communities, the creditors would lose NOTHING as long as Cullum is there with £3m.

This relegation has been chosen ABOVE administration, out of pure selfishness of a rich lady who doesnt want to write off her investment.

[/quote]

Its very easy to sit all bolshy and smug in your ivory tower when it isnt you money on the line.  Administration is not the best option for a thousand other reasons.  And forget Cullum, he hs no intention of putting a single penny in.

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Odd to see so many posters apparently pleased at the relegation of our great club because they can blame those whose "crime" is buying season tickets.

Strange to see people talking about "relegation instead of administration". Wake up and smell the coffee. Administration, 10 point penalty and all is now quite likely.

As for Mr Cullum, if the club now goes into administration, the truth about him will be revealed.

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[quote user="Rupethebear"]

The only party that loses from administration is Delia. The fans, the communities, the creditors would lose NOTHING as long as Cullum is there with £3m.

Come on Ryan, explain how this would work for local companies who are owed money by the club??

[/quote]

I have explained this on another thread about administration,started by me today.

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