BREAKING - CLUB STATEMENT.

Just seen the EFL statement about the Doidge situation. Basically saying because we are under a registration embargo we couldn't have signed him.

rammywhite wrote:

MartinBWFC wrote:#FGR chairman Dale Vince: “He said to me you can seek a winding up petition and you can bankrupt the club, I don’t care, I’m a secured lender I’ll get my money back” 
Lost for words. #AndersonOUT [You must be registered and logged in to see this link.]

Pointless quote from him as he may be a secured creditor but in the hierarchy of secured creditors he's below HMRC, any wages owing, any lender with a prior or senior charge on specific assets. Add to that - as creditors are paid in cash, and there isn't any- he won't end up with much.
Apart from being a shyster who brings shame on the club, he's kidding himself

Would he be a football creditor though?

If so wouldn't that put him at the top of the pecking order at a football club entering Admin/being wound up?

Surely KA would have been aware the FGR chairman would spill the beans on their conversation? He can never show his face at a game again now, there would be a riot!

He'll say its an act of brinkmanship and he would never dream of doing such a thing but it's just his true second hand car salesman mentality coming out i reckon.

Oh and get rid of that fucking banner for Gods sake 

Sluffy wrote:

rammywhite wrote:

MartinBWFC wrote:#FGR chairman Dale Vince: “He said to me you can seek a winding up petition and you can bankrupt the club, I don’t care, I’m a secured lender I’ll get my money back” 
Lost for words. #AndersonOUT [You must be registered and logged in to see this link.]

Pointless quote from him as he may be a secured creditor but in the hierarchy of secured creditors he's below HMRC, any wages owing, any lender with a prior or senior charge on specific assets. Add to that - as creditors are paid in cash, and there isn't any- he won't end up with much.
Apart from being a shyster who brings shame on the club, he's kidding himself

Would he be a football creditor though?

If so wouldn't that put him at the top of the pecking order at a football club entering Admin/being wound up?

I would guess not as I think that category of security would be limited to other football clubs for transfer fees and the like, footballers wages, contractual bonuses and then loans from the football league.
He's a shareholder/investor and although he may have given himself  some sort of charge on some assets (which ones, I don't know but I can't imagine there are any left) he wouldn't be classified as a football creditor.
I'm not sure of the specific law on this so I may be wrong, but I would guess that he's way down the pecking order when it all finally collapses.
Which I think will be  sooner than expected!!

I think the point about Anderson's comment to Dale Vince is more about his tone, arrogance, disrespect and complete lack of unprofessionalism. 
 
It also sends a message to anyone who would ever consider having dealings with him and makes our club look awful.