st albans fox
New Member
as its already in administration, the administrators job is to effect the best possible return for the creditors. i suspect that, because of the football rule whereby all the players contracts have to be settled first, the return for the other creditors is nil and therefore Birch may as well keep the club running as long as possible in the hope that a buyer may come along and make an offer which which will generate something for the creditors. if it is liquidated, the return will defo be nowt. a normal business would have been liquidated by now but football clubs are different because someone may buy them through sentiment rather than for a return.