Hi Alex I understand that and could see it of Southend, but Portsmouth should be able to ride that one out - their cash flow seems to be the problem rather than the debt wouldn't you think?
-----Original Message----- From: Alick Stott [mailto:[email protected]] On Behalf Of Alick Stott Sent: 11 February 2010 09:10 To: Robinson, Mick; Robert Heath; Phill Shields; [email protected] Subject: Re: [LU] Yes, I am at a bit of a loose end tonight re. Liquidation A company may not have sufficient assets or a sufficiently viable business to merit an attempted rescue through administration and may instead resolve to proceed directly to liquidation. -------------------------------------------------- From: "Robinson, Mick" <[email protected]> Sent: Thursday, February 11, 2010 8:21 AM To: "Robert Heath" <[email protected]>; "Phill Shields" <[email protected]>; <[email protected]> Subject: Re: [LU] Yes, I am at a bit of a loose end tonight > Am I missing something here, why would Portsmouth just fizzle out, would > they not just go into administration, lose 10 points now or next season, > and then rise from the ashes via a CVA (Like we did or almost did) > > What is it that is so different for Porstmouth, that didn't happen to > Us, Southampton, Luton etc? > > Confused of West London :-( > > > > > -----Original Message----- > From: [email protected] > [mailto:[email protected]] On Behalf Of Robert Heath > > Just seen someone on the Grauniad website say that if Portsmouth fizzle > out, all results so far this season against them will be void. > > So, presumably, if Southend do the same, ditto will > apply......................is anyone less lazy than me and prepared to > figure out how that would change things at the top? > > > _______________________________________________ > 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 > www.leedslist.net _______________________________________________ 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 www.leedslist.net
