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The deadline for the administration points deduction to apply to this season rather than next (if they would be relegated anyway) is Thursday 22nd. With a chunk of their debt secured against parachute payments and little hope of getting back to the Premier League before they end, I wouldn't be surprised if they go into administration if they lose to Preston.

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The deadline for the administration points deduction to apply to this season rather than next (if they would be relegated anyway) is Thursday 22nd. With a chunk of their debt secured against parachute payments and little hope of getting back to the Premier League before they end, I wouldn't be surprised if they go into administration if they lose to Preston.

 

This is a very valid point. I think they'll leave it as late as possible, as you never know what will happen, but I can really see that if they're looking likely to go down they'd do it this year rather than next. Right before the cut-off date.

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The deadline for the administration points deduction to apply to this season rather than next (if they would be relegated anyway) is Thursday 22nd. With a chunk of their debt secured against parachute payments and little hope of getting back to the Premier League before they end, I wouldn't be surprised if they go into administration if they lose to Preston.

 

This is a very valid point. I think they'll leave it as late as possible, as you never know what will happen, but I can really see that if they're looking likely to go down they'd do it this year rather than next. Right before the cut-off date.

 

Won't happen this season. No benefit for either Short or the loan company. This time next year if they have the same board then it would be nailed on.

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The deadline for the administration points deduction to apply to this season rather than next (if they would be relegated anyway) is Thursday 22nd. With a chunk of their debt secured against parachute payments and little hope of getting back to the Premier League before they end, I wouldn't be surprised if they go into administration if they lose to Preston.

 

This is a very valid point. I think they'll leave it as late as possible, as you never know what will happen, but I can really see that if they're looking likely to go down they'd do it this year rather than next. Right before the cut-off date.

 

Won't happen this season. No benefit for either Short or the loan company. This time next year if they have the same board then it would be nailed on.

Apart from the loan secured on the parachute money all the rest of the debt is to short. So why would he go into administration?

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The deadline for the administration points deduction to apply to this season rather than next (if they would be relegated anyway) is Thursday 22nd. With a chunk of their debt secured against parachute payments and little hope of getting back to the Premier League before they end, I wouldn't be surprised if they go into administration if they lose to Preston.

 

This is a very valid point. I think they'll leave it as late as possible, as you never know what will happen, but I can really see that if they're looking likely to go down they'd do it this year rather than next. Right before the cut-off date.

 

Won't happen this season. No benefit for either Short or the loan company. This time next year if they have the same board then it would be nailed on.

Apart from the loan secured on the parachute money all the rest of the debt is to short. So why would he go into administration?

 

:thup:

 

He's also got a few cast iron sales for players out on loan. They'll get some money for Kone, even if its £4m or so. Then there are assets like training and academy (i've already heard one is sold but never seen anything to confirm it) to be sold to property developers. All that, plus the second (3rd year less so) of parachute payments suggests Administration is at least a year away. Wishful thinking to say otherwise.

 

 

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The deadline for the administration points deduction to apply to this season rather than next (if they would be relegated anyway) is Thursday 22nd. With a chunk of their debt secured against parachute payments and little hope of getting back to the Premier League before they end, I wouldn't be surprised if they go into administration if they lose to Preston.

 

This is a very valid point. I think they'll leave it as late as possible, as you never know what will happen, but I can really see that if they're looking likely to go down they'd do it this year rather than next. Right before the cut-off date.

 

Won't happen this season. No benefit for either Short or the loan company. This time next year if they have the same board then it would be nailed on.

Apart from the loan secured on the parachute money all the rest of the debt is to short. So why would he go into administration?

 

:thup:

 

He's also got a few cast iron sales for players out on loan. They'll get some money for Kone, even if its £4m or so. Then there are assets like training and academy (i've already heard one is sold but never seen anything to confirm it) to be sold to property developers. All that, plus the second (3rd year less so) of parachute payments suggests Administration is at least a year away. Wishful thinking to say otherwise.

 

What would they do without the training ground? Get it back on rent?

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The deadline for the administration points deduction to apply to this season rather than next (if they would be relegated anyway) is Thursday 22nd. With a chunk of their debt secured against parachute payments and little hope of getting back to the Premier League before they end, I wouldn't be surprised if they go into administration if they lose to Preston.

 

This is a very valid point. I think they'll leave it as late as possible, as you never know what will happen, but I can really see that if they're looking likely to go down they'd do it this year rather than next. Right before the cut-off date.

 

Won't happen this season. No benefit for either Short or the loan company. This time next year if they have the same board then it would be nailed on.

Apart from the loan secured on the parachute money all the rest of the debt is to short. So why would he go into administration?

 

:thup:

 

He's also got a few cast iron sales for players out on loan. They'll get some money for Kone, even if its £4m or so. Then there are assets like training and academy (i've already heard one is sold but never seen anything to confirm it) to be sold to property developers. All that, plus the second (3rd year less so) of parachute payments suggests Administration is at least a year away. Wishful thinking to say otherwise.

 

What would they do without the training ground? Get it back on rent?

 

They'd train somewhere else, possibly their ground or they could sell parts of the training setup it while keeping enough open for the first team. Depends what the land is worth due to location. It'll be mostly undeveloped fields with a building complex, keep the building, one or two pitches, sell the rest.

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Jason Steele have been the gift that keeps giving for us, honestly what he did today was incredible :lol:

 

Newcastle supporter and really dodgy keeper through and through.  :lol:

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What a sensational season this is turning out to be.

 

Random Championship discussion though - are Wolves gonna fuck the league up? Last time I saw they were ahead by 11(?) points? :lol: Down to 3 and even automatic promotion isn’t secure.

 

Hopefully. They'll be dangerous next year, they have something we lack: Ambition.

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