george920 Posted February 7, 2010 Share Posted February 7, 2010 £85 million in the red £183 million worth of loans to be repaid when will i go into administration?? Link to post Share on other sites More sharing options...
baker.simon Posted February 7, 2010 Share Posted February 7, 2010 Keep playing and you'll find out. Link to post Share on other sites More sharing options...
dafuge Posted February 7, 2010 Share Posted February 7, 2010 How much is your club worth? Do you have assets that could cover the debts? Link to post Share on other sites More sharing options...
Guest Posted February 7, 2010 Share Posted February 7, 2010 If you were a championship club it would of already happened. A premier league club could probably go a few hundred million. Link to post Share on other sites More sharing options...
george920 Posted February 7, 2010 Author Share Posted February 7, 2010 club is worth 77mill and no i dont have assets to cover the debts. they keep restructuring the debt which makes it go down by like 5mill Link to post Share on other sites More sharing options...
george920 Posted February 7, 2010 Author Share Posted February 7, 2010 yay finnaly gone into administration. is it possible for the club to go completely bust like portsmouth might and the club get removed from the league? Link to post Share on other sites More sharing options...
Guest Posted February 7, 2010 Share Posted February 7, 2010 yay finnaly gone into administration.is it possible for the club to go completely bust like portsmouth might and the club get removed from the league? I dont think you can, but it should. Even though it is very rare in real life. If somebody did what you just did there should be no saving them. Link to post Share on other sites More sharing options...
Arthulian Posted February 7, 2010 Share Posted February 7, 2010 I dont think you can, but it should. Even though it is very rare in real life. If somebody did what you just did there should be no saving them. Fairly sure that they couldn't implement this for legal reasons. Much like how they had to remove players receiving bans for hitting referees etc. Link to post Share on other sites More sharing options...
baker.simon Posted February 7, 2010 Share Posted February 7, 2010 Fairly sure that they couldn't implement this for legal reasons. Much like how they had to remove players receiving bans for hitting referees etc. This. The worst that happens is the club in question keep going into administration and keeps getting points deductions until they drop out of the league system. Link to post Share on other sites More sharing options...
swed151 Posted February 7, 2010 Share Posted February 7, 2010 Often when a club goes into administration, a takeover happens and the new board clears the debt or reduces it significantly with a big cash infusion. At least that used to happen on older FM's. I remember FM05 I think it was, when chairmen would buy players for you. Sometimes they were a little too ambitious and put the club in red, and then a new board would come in and clear the debt. Link to post Share on other sites More sharing options...
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