Admin

[inappropriateh]

Surely not all the money from the big 3 friendlies will go to the administrators?! Will be in xs of 100k from the 3 games. They are only here for another week hopefully. Unless they offset the forecasted income from the freindles to pay for them sitting on their arses for the last 2 months! Makes my blood boil ...

[divas]

Todd said we might possibly be out of admin by the end of this week (tomorrow is 28 days since CVA was agreed) and will definitely be out by next week - i think he was just playing it safe.

Also as far as im aware Todd said money gained from the friendlies would be used to help pay off the admin - thats a lot different to the admin getting all of the money, they have to be paid either way so whether the money comes from raj's pocket or the money generated from the friendlies its irrelevant.

[quaker4life]

According to todays echo the club is expected to start the season still in administration.

As divas says tomorrow is the last day of the 28 since the CVA was agreed, the club would be able to come out of administration from tomorrow. But the echo have said the club needs to pass some tests before it can come out of administration.

[inappropriateh]

If we start the season in admin will we definately get a points reduction?

[divas]

There's no hard and fast rule (at the moment) that would see us deducted points if we start the season in administration as we have already agreed a CVA. The 'tests' that are mentioned must be what the FA alluded to last week with their statement in response to Raj's. No doubt with us being in admin twice in such a short space of time the league want to look at Raj's business plan and his intentions for the club. Sadly while this still drags on there's scope for the FA to hit us with a bespoke points penalty as they see fit.

I think its time for Raj to make another statement to clarify the matter, as he was clearly under the impression it was all done and dusted last week.

[aveda]

I thought we could be in administration for up to 18 months without a further points deduction. I think it's the shift from George to Raj and their previous/continued involvement with the club that would cause us problems.

[Hilly]

Hang on...

So let me get this straight. The FA need assurances from us that we can fulfill our fixtures etc... but they can (and most probably, will) drag this on for as long as they want, by which time the season will probably already be in progress so they'll hit us with a points deduction!

They're going to make sure we get a points deduction aren't they?

[quaker4life]

I doubt the FL/FA are delibrately holding out to give us a points deduction! Let's face it that's nonsense if they had intended to deduct points I'm sure they would have done so already.

According to the statement on the official site there was a verbal agreement with the FL but nothing is signed and sealed yet.

[TinShedDarloFan]

And wilst tis still all gets dragged out Dave Clark and co still sit around doing balls all put pick up a decent amount of money at the expense of Darlington Football Club

[quaker4life]

And wilst tis still all gets dragged out Dave Clark and co still sit around doing balls all put pick up a decent amount of money at the expense of Darlington Football Club

By Darlington Football Club you mean George Houghton?

I'd imagine DFC itself is skint but if the money brought in from those two friendlies has gone to them heads need knocking together.

[TinShedDarloFan]

thats what i mean, the friendlies money, going towards the cost of admin, fair enough they have to be paid from somewhre but the longer there here the more they'll eat into any income the football club has

[Notts_Quaker]

Lets be honest no one has a clue what happens whilst in Administration, not even the FA, they make it up as they go along.

[Quakerz]

Hang on...

So let me get this straight. The FA need assurances from us that we can fulfill our fixtures etc... but they can (and most probably, will) drag this on for as long as they want, by which time the season will probably already be in progress so they'll hit us with a points deduction!

They're going to make sure we get a points deduction aren't they?

YES!!

I've been telling every fucker for 4 months to expect the worst.

[Quakerz]

That 1 week delay in getting the CVA put in, which was down to the football league wanting various information suddenly, will prove critical.

If we start the season still without our "golden share" then we CANNOT play in the competition.

The league of course will let us off with special circumstances, as they know the process will be completed soon...in exchange for a big points deduction.

They will "offer" us a place in the league with special dispensation for, say, oooooh about 17 points?

This is deliberate because they knew they wouldn't get us on the CVA.

[Spyman]

Surely it is 10 points deduction for entering administration, which we took last season.

There is then no further deductions for when you come out of administration. As Aveda says, you can be in admin for a certain period of time (18 months?) before any more action is taken.

The only other deductions come with not passing the CVA correctly (which as of tomorrow, we will have done correctly as tomorrow is the last day for appeals), and for any further financial irregularities, of which there should be none according to the noises coming from Singh.

Not coming out of admin until the start of the season has a greater impact on us not being able to tie players down to contracts until after the season starts, in theory meaning they could all bugger off elsewhere and we could go to Aldershot with the youth team.

[wylam_rangers]

That 1 week delay in getting the CVA put in, which was down to the football league wanting various information suddenly, will prove critical.

If we start the season still without our "golden share" then we CANNOT play in the competition.

The league of course will let us off with special circumstances, as they know the process will be completed soon...in exchange for a big points deduction.

They will "offer" us a place in the league with special dispensation for, say, oooooh about 17 points?

This is deliberate because they knew they wouldn't get us on the CVA.

Qz - you really have lost all faith in any decent human life forms.

I diagnose a severe case of Houghton Syndrome with complications brought on by debilitating Two Georges disease.. Unfortunately you administered Clarke factor instead of the more recognised Todd-liver oil. All a result of trying to save a Penney or two.

[Darlo_Rob]

Another question about the admin delay- season tickets. The club have said they will not bank any of the money from season tickets until after we come out of admin. If we don't come out of admin until after the season starts how will they be able to issue season tickets to anyone?

[DrDarloSA]

Good post wylam rangers. Nothing official has been released but the doom mongers are in evidence.

[quaker4life]

Another question about the admin delay- season tickets. The club have said they will not bank any of the money from season tickets until after we come out of admin. If we don't come out of admin until after the season starts how will they be able to issue season tickets to anyone?

I think RS said a while back a seperate bank account would be set up to safeguard any money from season tickets.

[Hilly]

Another question about the admin delay- season tickets. The club have said they will not bank any of the money from season tickets until after we come out of admin. If we don't come out of admin until after the season starts how will they be able to issue season tickets to anyone?

I think RS said a while back a seperate bank account would be set up to safeguard any money from season tickets.

Not wanting to have a go at RS (fresh start and all that) but didn't he also say that we would be out of admin by the end of today?

I'll keep my money in my wallet for the time being, thanks very much.

[quaker4life]

I think it's out of his hands at the minute Hilly.

And the idea of this account was to make sure any money taken from season ticket sales was kept to one side so it could be paid back if anything went wrong.

[divas]

Another question about the admin delay- season tickets. The club have said they will not bank any of the money from season tickets until after we come out of admin. If we don't come out of admin until after the season starts how will they be able to issue season tickets to anyone?

I think RS said a while back a seperate bank account would be set up to safeguard any money from season tickets.

Not wanting to have a go at RS (fresh start and all that) but didn't he also say that we would be out of admin by the end of today?

I'll keep my money in my wallet for the time being, thanks very much.

like i say, its not really a case of coming out of admin so to speak. today was the date that the CVA for the old company should have been approved.

the new company is already set up, so in that sense it is done, however we're waiting on the pissing FL to transfer the share across. more than likely raj wasnt aware at the time that the FL can only sanction this on one day a month, which is abysmal.

[Quakerz]

They will be able to convene an emergency meeting to transfer our share I'm sure...in exchange for a nice shiny new points deduction.