07-10-2009, 21:58
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#65
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Member.
Join Date: Jun 2004
Location: Bispham
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Re: we'd rather go under than ...
Quote:
Originally Posted by lancsdave
I may be corrected regarding my confusion between administration and winding up, but out of curiosity, can a business go in to administration if there is a current winding up petition already in place ?
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My understanding is that a winding up order is final…..If Accrington Stanley don’t have the £308.000 when they return to court it’s over; period. No letters of support or potential offers on the table will change that, it will be over……Accrington Stanley as we know it will be gone, no lower league football because we will have no player; they will be flogged off as assets along with the furniture.
If we want a Town Football Team it will have all to be done again and the shadow of all those that worked and fought over what to them were endless years will have been for nothing.
If something doesn’t happen soon Accrington Stanley will be Dead.
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