HomeCheers thanks for thatrammywhite wrote:They'll take their fees from any sources of income that the business has. If they were appointed by a bank, the bank would guarantee their fees. However if its the club, or more accurately the director(s) then they'll get their fees from ordinary business income. If that's insufficient they can sell assets to pay themselves.wessy wrote:Rammy sorry for being a bit thick, but how do the administrators make a shed load of money? who pays them?
Their fee rates will be agreed/known before they're appointed but it will be substantial.
Ken Anderson - update.
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201 Re: Ken Anderson - update. Fri 10 May - 19:02
wessy
El Hadji Diouf
202 Re: Ken Anderson - update. Fri 10 May - 19:03
wessy
El Hadji Diouf
I might be a bit thick, but when i wake up in the morning i won't be ugly.Natasha Whittam wrote:wessy wrote:sorry for being a bit thick
Apology accepted.
Like it204 Re: Ken Anderson - update. Fri 10 May - 20:16
Natasha Whittam
Nat Lofthouse
wessy wrote:I might be a bit thick, but when i wake up in the morning i won't be ugly.
You bitch.
205 Re: Ken Anderson - update. Fri 10 May - 21:09
sunlight
Andy Walker
Great posts Mr Rammywhite, I am all clued up now ( from ignorance ) about how Administration works, and over the time of a cup of Coffee. Again, thank you.
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