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Reply | FAO Dodgy curry
at 10:49 14 Aug 2012
Mick S, applied to join PuP on saturday, still waiting for activation email from admin. is this normal? |
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Reply | FAO Dodgy curry
at 21:17 11 Aug 2012
will do MS, thanks for those kind words |
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Reply | players pay stance
at 12:34 24 Jul 2012
totally agree SJ, see my blog, I do refer to that very thing.
The para payments are key to chainrai but also to the trust. one wants to spirit them away in a falcondronesque manner, one wants to use them as they should have been used for in the first place - to help the club pay its way on the road to stability.
The poker game continues. |
| Forum
Reply | players pay stance
at 20:54 23 Jul 2012
hi rick, thanks for looking at my blog.
if the club is liquidated, the para payments go back to the PL so no money there for players as the PL rules say for now. It might be the players get some slick lawyer to fight for their cut out of the para payments but it would be a test case, never done before, bit risky and expensive to try.
Also, the meagre assets PFC has will be sold after liquidation, mainly the sale of FP itself. In liquidation it might fetch £2 to 2.5m. Out of that comes PKF fees of about a £million which takes precedence, leaving £1.5m or thereabouts to be divided between the 8 players, chainrai and hundreds of the other creditors.
They will get more if they accept a compromise deal in instalments. They will get nothing if they insist on being paid cash up front now, no one has that kind of available cash to pay them off. |
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