Coop Posted May 3, 2009 Share Posted May 3, 2009 I've never had it but my club is over £30M in the red and losing money. When does a club go into administration? Link to post Share on other sites More sharing options...
CaptainPlanet Posted May 3, 2009 Share Posted May 3, 2009 at -£31million Link to post Share on other sites More sharing options...
Wiitastic Posted May 3, 2009 Share Posted May 3, 2009 your's will soon, don't know the exact figure but it would have to be close Link to post Share on other sites More sharing options...
dodged up Posted May 3, 2009 Share Posted May 3, 2009 i went into administartion in the bsn with -800k Link to post Share on other sites More sharing options...
hamilton162 Posted May 3, 2009 Share Posted May 3, 2009 Probably something to do with the club value as well as depending on the size of the club and thus value, you will go into admin at different amounts of money Link to post Share on other sites More sharing options...
TheUsualSuspect9 Posted May 3, 2009 Share Posted May 3, 2009 Its something to do with the value of the club, and how quickly they can re-coup the debt. I think. Link to post Share on other sites More sharing options...
R-dizzle Posted May 3, 2009 Share Posted May 3, 2009 Good luck mate lol... Link to post Share on other sites More sharing options...
Callum Aufc 93 Posted May 3, 2009 Share Posted May 3, 2009 Am in about 150K in debt with Airdrie United and loosing money all the time, any ideas when I will be in administration Link to post Share on other sites More sharing options...
hamilton162 Posted May 3, 2009 Share Posted May 3, 2009 What is the value of the club? Link to post Share on other sites More sharing options...
tomo31 Posted May 3, 2009 Share Posted May 3, 2009 Turnover probably has a good sway in things Link to post Share on other sites More sharing options...
Coop Posted May 3, 2009 Author Share Posted May 3, 2009 I ended up okay by selling one of my players for £40M (that I had signed in the last window for £29M). Still it would have been interesting to see where I would have went into administration. I'm still losing money but the vultures have stopped hovering for now. Value of my club is £381M. Link to post Share on other sites More sharing options...
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