The £800k that has apparently been promised appears to be, coincidentally, similar to the amount that would be required to run the club until the end of the season, post Administration.

just doesnt seem right somehow, if the fans could raise another £400k that would be £900k to date. Caisley, Hood etc. etc. will still have their shares after letting the Bulls get into this state and the fans get nowt.

what is also clear is that the knife is over the squad, quote Guilfoyle but my emphasis:

Next season, they can rejig the playing squad and try and build a new, cheaper squad around the young talent they’ve got to VASTLY reduce the wage bill.

That is going to have a VAST impact upon results.

so if it is another fund raiser from the fans, thats £900K to watch a worse team.

How can we be spending £200k a month on wages? That just seems like an insanely high amount to me.

I just don't believe a single word of that article at all. What a mess.

Sounds as though Caisley wants it all. The fans to pay for the clubs debts, thereby making a viable company in which he holds shares and controls. He has even got somebody else to tell you that.

Seems on the low side to me. Salary cap players alone should be costing around £140K per month, then there are players outside the SC, coaching staff, admin staff (Duckett, Duffy, Charlton et al) and day to day staff (shop, maintenance, bar...). If I'd had to guess, I'd have put it closer to £250K / month.

There's a nasty implication there that administration would put your SL place in doubt - scare tactic or real chance?

If they had announced size of shortfall last week when they applied for admin then a pledge mk2 may have worked. Now with less than a week til admin - no chance. Which suits the current board perfectly. I've said all along that the entire review and investment plan is based around a pre determined outcome which involves admin and that's looking increasingly accurate.

Won't all those contracts be irrelevant if you go into admin?

how much more money do we need to survive?

Trying to think what an acceptable SL squad could be if we have to vastly reduce it :

Kear
Ainscough
???
???
Crookes/Rossi (If JC has gone)
Briggs
Southernwood
Kopzcak
O'Brien
Burgess
Whitehead
Olbison
Bateman

Addy
McAvoy
Murphy



Really hope even with cuts we can keep Langers, Koppy, Elliott etc. But atm best we can hope for is a place in SL.

if we could keep one foreign player it would be heath first

I am not fully up on legalities etc but it states in the t and a, that this guilfoyle character , would be the administrator if indeed the bulls went into administration. Given that these administrators make alot of money through the fees they charge ( small fry but farsley celtic would still exsist if not for a 250k admin bill) would it not be in anyway a conflict of interest for him/his company to be running the review ?

its my understanding that its common practice for an insolvency firm to first of all conduct a thourough look at the books, followed by advising the club on its next steps. IIRC, the statement / notice put out last week, enables the club to appoint its own preffered administrators, whereas if we'd had HMRC issue a winding up order, they could have appointed the administrator for us.

This way, admin can be quicker and we can be out of it sooner as the administrator is more familiar with the business.