Would imagine it'll just be Madrox that would go bust, their only assets are that of the club.
Apparently we can’t go into admin as we don’t owe anyone anything as a secured creditor. Or something.
Yanks don't appear to have a great appetite for us. If their security is over the ground and training ground could they just sell the land and build houses and we get naff all left?
I don't see 'shit in her sofa drawer' catching on, mindYou know when you really want a packet of Space Invaders from the shop and you root around for change down the sofa, in the cup holders of the wife’s car, and in that odds and sofa drawer in the kitchen?
That’s how skint we are.
No. That's the entire point of limited liability - that a shareholder isn't personally liable for a company's debts. They could go bankrupt if the result was they were unable to pay their personal debts as a result, but that's unlikely here, as the club is not their main source of income.I thought we couldn't because of the Americans insurance on the club?
Out of curiosity, if we go bust, into Administration, would Donald and Metven and co be bankrupt as well?