Liquidation means the business gets sold at the best price to meet the debts and sod the world. Administration means the business gets sold as a going concern with some prospect of future profitability
-----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of damian.walsh Sent: Saturday, May 19, 2007 8:14 AM To: list leedslist Subject: Re: [LU] straw poll Krasner or Bates What's wrong with going into liquidation? Surely the liquidator would sell the football club as a going concern to whoever was the highest bidder and Bates would no longer have a veto? Damian ----- Original Message ----- From: "MATTHEW GAYNOR" <[EMAIL PROTECTED]> Wouldn't trust Krasner or Morris at all - they screwed it up last time. Anyway as Bates will veto their deal, all Krasner can achieve is to put us into Liquidation. _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist The Leeds List - "where never is heard a discouraging word..." No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.5.467 / Virus Database: 269.7.5/812 - Release Date: 19/05/2007 13:52 No virus found in this outgoing message. Checked by AVG Free Edition. Version: 7.5.467 / Virus Database: 269.7.5/812 - Release Date: 19/05/2007 13:52 _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist The Leeds List - "where never is heard a discouraging word..."
