Thread: Aministration
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Old 09-05-2020, 11:59   #5
andyd
God Member
 

Re: Aministration

Quote:
Originally Posted by accybeme View Post
I'm haven't a law degree either but would assume if the club & stadium are separated and the club goes into administration then the stadium would not be able to be sold to recover the clubs debt
I think you are probably close to the truth there Andy Holt I think is doing what I would do looking at best, middle and worst case scenarios across his business including Accy Stanley, take the players budget for example correct me someone if I,m way off, but was led to believe around£1,2 million presumably this counts loanees of which we had 8 out of contract and again I could be wrong here about 7. Squad last year was including youngsters was about 38 so minus 15 leaves 23. Alright everyone on different money but for easy reckoning I,ll average them out 23 players leaves a wage bill of £725 thousand roughly, with no gate and hospitality,drinks etc income administration has to be equated in worst case scenario.
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