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06 Feb 2016 19:41:09
All this talk of adminstration is really negative, if you think about it if GFH are owed the debt and Leeds go into admin they would only get say 10p in the £ so why would they do it. Also they would loose anything if Leeds got promoted.
Debt to equity is a process most clubs do, as frees debt from the balance sheet and the debt becomes a bigger share holding so it's actually better for the club.
Finally if you look at Bolton for instance they are selling all their assets including players rather than going into admin, if we were in dire straights our best young players would have been sold in January.
I know this is a rumours site but please think it through before worrying people.
1.) 06 Feb 2016 21:36:34
All what talk of administration?
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