welchy Posted May 20, 2009 Share Posted May 20, 2009 Just wandered how much in debt you have to be in to go into administration? Link to post Share on other sites More sharing options...
hamilton162 Posted May 20, 2009 Share Posted May 20, 2009 Depends on the turnover, expenditure, value of club and players etc. Link to post Share on other sites More sharing options...
Nobby_McDonald Posted May 20, 2009 Share Posted May 20, 2009 How long is a piece of string? Link to post Share on other sites More sharing options...
golfpunk Posted May 20, 2009 Share Posted May 20, 2009 How long is a piece of string? Twice as long as half Link to post Share on other sites More sharing options...
barto123 Posted May 21, 2009 Share Posted May 21, 2009 In a holiday save once i saw that the worst team in scotlands lowerest league (they finished the bottom every year) were like $100 million US in debt..... they didnt go into administration at any stage either! Link to post Share on other sites More sharing options...
Taytaz Posted May 21, 2009 Share Posted May 21, 2009 Villa went into administration on my A-League save... this is a stupid question...but what does this mean IRL terms? Link to post Share on other sites More sharing options...
hamilton162 Posted May 21, 2009 Share Posted May 21, 2009 IRL = In Real Life Taytaz Link to post Share on other sites More sharing options...
Chao Yang Posted May 21, 2009 Share Posted May 21, 2009 Administration: Basically the club can't afford to pay back debt and has been repossessed by the bank/loaners and being 'administered'. Usually ends with most of the first team getting sold, financial ruin and even possibly the elimination of the club as an entity. P.S. Known side-effect is plummeting down the Football League. Link to post Share on other sites More sharing options...
Taytaz Posted May 21, 2009 Share Posted May 21, 2009 Ah right... Link to post Share on other sites More sharing options...
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