kiwityke Posted November 26, 2008 Share Posted November 26, 2008 As the title says I got to my 4th season and in the last week of the season they went bankrupt on the Wednesday and won the premier league title on the saturday/sunday. The first 'big' club I have seen go bankrupt on FM ever! Link to post Share on other sites More sharing options...
iamweesel Posted November 26, 2008 Share Posted November 26, 2008 Any details on how they went bankrupt Link to post Share on other sites More sharing options...
Alunz Posted November 26, 2008 Share Posted November 26, 2008 yea they got debt around 200 or 300 mil im just wondering how can u pay debt off:confused: Link to post Share on other sites More sharing options...
Rashidi Posted November 26, 2008 Share Posted November 26, 2008 yea they got debt around 200 or 300 mil im just wondering how can u pay debt off:confused: Probably has incorporated what's happening in real life at the moment, the club is desperate to find buyers or they could find themselves in a firesale Link to post Share on other sites More sharing options...
MSCCG Posted November 26, 2008 Share Posted November 26, 2008 Probably has incorporated what's happening in real life at the moment, the club is desperate to find buyers or they could find themselves in a firesale I love fire sales! Wish some Nike stores would close down so I could have an awesome time. then I wish some Adidas stores would open in their place. Then I wish they would close down too so they'd have a fire sale also. on topic: are you saying this as a bad thing or a good thing? I would think a club of Liverpool's status would find many suitors. Although never say never. Also, better financial systems would have prevented this. I mean, how realistic is it that they go bankrupt, and then get millions in prizemoney the next week? Do bankrupt teams automatically get relegated? I can't remember. Link to post Share on other sites More sharing options...
baker.simon Posted November 26, 2008 Share Posted November 26, 2008 surely a ten point deduction would have wiped out there title? Link to post Share on other sites More sharing options...
PhroX Posted November 26, 2008 Share Posted November 26, 2008 Man U used to do this on 08 a lot Link to post Share on other sites More sharing options...
phnompenhandy Posted November 26, 2008 Share Posted November 26, 2008 surely a ten point deduction would have wiped out there title? Aha! Very true! Link to post Share on other sites More sharing options...
baker.simon Posted November 26, 2008 Share Posted November 26, 2008 Aha! Very true! thank you, ahem, i do try my best lol Link to post Share on other sites More sharing options...
HL7 Posted November 26, 2008 Share Posted November 26, 2008 Aha! Very true! I thought 10 point penalties came into force the following season? Link to post Share on other sites More sharing options...
phnompenhandy Posted November 26, 2008 Share Posted November 26, 2008 I thought 10 point penalties came into force the following season? Ah, so did Ken Bates when he declared Leeds bankrupt the moment they got relegated. What a big mistake! Link to post Share on other sites More sharing options...
kiwityke Posted November 26, 2008 Author Share Posted November 26, 2008 Sorry can't give any details regarding what sent them bankrupt, other than they had $678m worth of debt to start with. Also as a sort of strange side story they offered me the job of manager in the January (Rafa went to Inter), and they offered me $168m transfer fund, but I decided to stay at Wellington Pheonix. Glad I did now. Also they had no points deducted, only the football league deducts points as far as I am aware, the Premier league has no rules governing bankruptcy (que smart ass who knows better)!!! So they won the league for the first time in 20 odd years. Link to post Share on other sites More sharing options...
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