| List of clubs that have entered adminstration or CVA 1984-2019 12:39 - Aug 27 with 6356 views | Tommyparker |
Charlton 1984
Middlesbourgh 1986
Trammere 1987
Newport 1989
Walsall 1990
Northampton 1992
Kettering Town 1992
Aldershot 1992
Madistone 1992
Hartlepool 1994
Barnet 1994
Exeter 1994
Gillingham 1995
Doncaster 1997
Milwall 1997
Bournemouth 1997
Crystal Palace 1988
Chester 1998
Portsmouth 1998
Hull 2001
QPR 2001
Halifax 2001
Bradford 2002
Notts County 2002
Barnsley 2002
Leicester 2002
Port Vale 2002
York 2002
Derby 2003
Ipswich 2003
Wimbledon 2003
Darlington 2003
Bradford 2004
Wrexham 2004
Cambridge 2005
Rotherham 2006
Crawley 2006
Boston 2007
Leeds 2007
Luton 2007
Bournemouth 2008
Bolton 2008
Halifax 2008
Darlington 2008
Southampton 2009
Stockport 2009
Chester 2009
Northwich 2009
Farsley Celtic 2009
Sainsbury 2009
Weymouth 2009
Crystal Palace 2010
Portsmouth 2010
Plymouth 2011
Rushden & Diamonds 2011
Darlington 2012
Portsmouth 2012
Port Vale 2012
Coventry 2013
Aldershot 2013
Bolton 2019
Bury 2019 |  | | |  |
| List of clubs that have entered adminstration or CVA 1984-2019 on 12:52 - Aug 27 with 4171 views | chicoazul |
Remember that time Leicester reneged on their debts then won the Premier League? |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 12:52 - Aug 27 with 4170 views | TractorCam |
Quite interesting that all this talk about 'money ruins football' yet we haven't had these extreme examples in 6 years. |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 12:54 - Aug 27 with 4145 views | DanTheMan |
| List of clubs that have entered adminstration or CVA 1984-2019 on 12:52 - Aug 27 by TractorCam |
Quite interesting that all this talk about 'money ruins football' yet we haven't had these extreme examples in 6 years. |
Fair, although there have been far more than pre-Sky. |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 12:56 - Aug 27 with 4124 views | WeWereZombies |
So three clubs go into admin the year before the banking crisis really starts to bite, then another four when it happens and seven the following year but only a couple a year for the next four years (well, three in 2012). A six year hiatus in clubs going bust before Bolton and Bury. I think this tells us something about financial regulation and attitudes to debt, also an indicator that many more clubs could be in trouble soon. |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 12:58 - Aug 27 with 4101 views | Johnny_Boy |
Fookin ell. Pompey must have their own dedicated phone line to the powers that be. |  | | |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:06 - Aug 27 with 4036 views | Tangledupin_Blue |
| List of clubs that have entered adminstration or CVA 1984-2019 on 12:56 - Aug 27 by WeWereZombies |
So three clubs go into admin the year before the banking crisis really starts to bite, then another four when it happens and seven the following year but only a couple a year for the next four years (well, three in 2012). A six year hiatus in clubs going bust before Bolton and Bury. I think this tells us something about financial regulation and attitudes to debt, also an indicator that many more clubs could be in trouble soon. |
And we are one of the clubs carrying a lot of debt. Luckily we have an owner who continues to bail us out year after year. |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:09 - Aug 27 with 4006 views | chicoazul |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:06 - Aug 27 by Tangledupin_Blue |
And we are one of the clubs carrying a lot of debt. Luckily we have an owner who continues to bail us out year after year. |
We owe all the debt to the owner. The question may be who does he owe it to, if anyone, although I believe they would need to declare that in the annual accounts if it was owed to a 3rd party. | |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:17 - Aug 27 with 3956 views | Steve_M |
| List of clubs that have entered adminstration or CVA 1984-2019 on 12:52 - Aug 27 by TractorCam |
Quite interesting that all this talk about 'money ruins football' yet we haven't had these extreme examples in 6 years. |
FFP has had some effect in the lower divisions because the rules, notably those mandating a more sensible ratio of wages to turnover, are stricter than in the Championship.
Whether that means clubs have pushed debt forward that might catch up with them at Championship level is a different matter. Given some of the wagebills then it must be likely at some point. |  |
| |
Login to get fewer ads
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:21 - Aug 27 with 3915 views | IpswichKnight |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:17 - Aug 27 by Steve_M |
FFP has had some effect in the lower divisions because the rules, notably those mandating a more sensible ratio of wages to turnover, are stricter than in the Championship.
Whether that means clubs have pushed debt forward that might catch up with them at Championship level is a different matter. Given some of the wagebills then it must be likely at some point. |
Agree with that, several clubs would have been caught out before if it wasn't for the selling the ground trick, that trick only works once though when that money runs out what do they do then?
Only 3 promotion places and many more clubs chasing that something is going to go pop in the championship sooner rather than later. | | | |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:42 - Aug 27 with 3807 views | bluelagos |
What I don't understand (have not followed closely) about the current crisis is why both Bolton and Bury are looking at ceasing to be football clubs, rather than going into admin, writing down debts and off they go again (as happened to many on the list).
Anyone know why it looks to be terminal for them? |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:46 - Aug 27 with 3788 views | JakeITFC |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:42 - Aug 27 by bluelagos |
What I don't understand (have not followed closely) about the current crisis is why both Bolton and Bury are looking at ceasing to be football clubs, rather than going into admin, writing down debts and off they go again (as happened to many on the list).
Anyone know why it looks to be terminal for them? |
Secured creditors I believe (including both of the respective owners) who are willing to liquidate the club in exchange for payment.
Usually in these scenarios it seems that everybody involved wants a positive resolution for the club rather than themselves - the absence of that in these cases makes it harder to resolve. |  | | |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:00 - Aug 27 with 3717 views | bluelagos |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:46 - Aug 27 by JakeITFC |
Secured creditors I believe (including both of the respective owners) who are willing to liquidate the club in exchange for payment.
Usually in these scenarios it seems that everybody involved wants a positive resolution for the club rather than themselves - the absence of that in these cases makes it harder to resolve. |
So the respective owners are looking for their share and willing to liquidate if they don't get what they want?
Jeez... | |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:01 - Aug 27 with 3705 views | chicoazul |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:42 - Aug 27 by bluelagos |
What I don't understand (have not followed closely) about the current crisis is why both Bolton and Bury are looking at ceasing to be football clubs, rather than going into admin, writing down debts and off they go again (as happened to many on the list).
Anyone know why it looks to be terminal for them? |
Their creditors are refusing the terms offered and liquidating them.
EDIT; beaten by Jake
EDIT EDIT; also HMRC always go for the throat in these situations if they are a creditor too. [Post edited 27 Aug 2019 14:02]
| |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:04 - Aug 27 with 3680 views | JakeITFC |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:00 - Aug 27 by bluelagos |
So the respective owners are looking for their share and willing to liquidate if they don't get what they want?
Jeez... |
Especially galling in the case of Bury because the owner only bought them a short time ago for £1. | | | |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:10 - Aug 27 with 3645 views | Radlett_blue |
Interesting that the administrations dried up between 2013 and 2019. Introducing penalties in 2012 for for clubs in League 1 & 2 which breached the 55% & 60% salary caps must have had an impact.
Bolton have been a bit of a basket case since Eddie Davies sold out & stopped funding them. I presume they failed to cut their wage bill appropriately after relegation to League 1.
Don't really know what's been going on at Bury; they seemed in dire straits last season but still got promoted, which seems rather odd.
I don't like to see clubs disappear, but the only real answer is enforcing salary caps more effectively. |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:21 - Aug 27 with 3595 views | Bent_double |
| List of clubs that have entered adminstration or CVA 1984-2019 on 13:09 - Aug 27 by chicoazul |
We owe all the debt to the owner. The question may be who does he owe it to, if anyone, although I believe they would need to declare that in the annual accounts if it was owed to a 3rd party. |
Exactly, it's his debt, no-one else, which I why I don't see it as debt anymore, it's just money he's spend on his (very expensive) hobby.
It's gone/lost money - he won't be getting it back anytime soon, although he might actually do alright out of this season if all goes to plan. |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:24 - Aug 27 with 3581 views | Swansea_Blue |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:10 - Aug 27 by Radlett_blue |
Interesting that the administrations dried up between 2013 and 2019. Introducing penalties in 2012 for for clubs in League 1 & 2 which breached the 55% & 60% salary caps must have had an impact.
Bolton have been a bit of a basket case since Eddie Davies sold out & stopped funding them. I presume they failed to cut their wage bill appropriately after relegation to League 1.
Don't really know what's been going on at Bury; they seemed in dire straits last season but still got promoted, which seems rather odd.
I don't like to see clubs disappear, but the only real answer is enforcing salary caps more effectively. |
Yep. And along with the introduction of FFP rules, a major new PL broadcast deal was also signed in 2012. I'm not sure how that filtered down to EFL clubs in terms of direct TV payments, but it may have lead to more money reaching lower league clubs in transfer fees. |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:46 - Aug 27 with 3511 views | Radlett_blue |
| List of clubs that have entered adminstration or CVA 1984-2019 on 14:24 - Aug 27 by Swansea_Blue |
Yep. And along with the introduction of FFP rules, a major new PL broadcast deal was also signed in 2012. I'm not sure how that filtered down to EFL clubs in terms of direct TV payments, but it may have lead to more money reaching lower league clubs in transfer fees. |
Yes, but it seems that some EFL clubs are seriously over spending e.g. Derby. They won't go bust until Mel Morris decided to throw in the towel, but it won't be pretty when he does. I would expect future administrations to be concentrated in the Championship as it still attracts high rollers hoping for a tilt at the Prem. If it all goes wrong, some overseas billionaire isn't going to cry too many tears - h's just going to write off a failed investment. | |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:35 - Aug 27 with 3421 views | caught-in-limbo |
...
Farsley Celtic 2009
Sainsbury 2009
Weymouth 2009
...
Sainsbury? |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:39 - Aug 27 with 3393 views | Swansea_Blue |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:35 - Aug 27 by caught-in-limbo |
...
Farsley Celtic 2009
Sainsbury 2009
Weymouth 2009
...
Sainsbury? |
They were never likely to have a long shelf life. | |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:41 - Aug 27 with 3390 views | Tommyparker |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:35 - Aug 27 by caught-in-limbo |
...
Farsley Celtic 2009
Sainsbury 2009
Weymouth 2009
...
Sainsbury? |
Sorry lol.
That was supposed to be Salisbury City. | | | |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:42 - Aug 27 with 3386 views | NthQldITFC |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:35 - Aug 27 by caught-in-limbo |
...
Farsley Celtic 2009
Sainsbury 2009
Weymouth 2009
...
Sainsbury? |
That asda be a mistake? |  |
| # WE ARE STEALING THE FUTURE FROM OUR CHILDREN --- WE MUST CHANGE COURSE # | | Poll: | It's driving me nuts |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:44 - Aug 27 with 3380 views | Nthsuffolkblue |
| List of clubs that have entered adminstration or CVA 1984-2019 on 12:52 - Aug 27 by chicoazul |
Remember that time Leicester reneged on their debts then won the Premier League? |
There was a fair gap between those events but all those on the list who have exited administration without being relegated as a result were very fortunate.
In the original list a couple of things stand out:
No one entered administration for 6 years until Bury and Bolton. (Was Birmingham's deduction last year for some other reason?)
Bournemouth have been in administration twice in about 12 years and are still a Premier league club within the following 12 years. |  |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:49 - Aug 27 with 3367 views | WeWereZombies |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:41 - Aug 27 by Tommyparker |
Sorry lol.
That was supposed to be Salisbury City. |
At least you were co-operative when it was pointed out... | |
| |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:53 - Aug 27 with 3346 views | caught-in-limbo |
| List of clubs that have entered adminstration or CVA 1984-2019 on 15:49 - Aug 27 by WeWereZombies |
At least you were co-operative when it was pointed out... |
Surprises me that I was the only one prepared to check out the list of clubs. | |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
