BARMYARMY2010 Posted December 4, 2019 Share Posted December 4, 2019 2 minutes ago, Sonny said: I’m so fired up by this statement. Does anyone fancy a fight just to pass some time until the EFL respond? Go and find some little fella on fargate 2 Link to comment Share on other sites More sharing options...
Dick_Turpin Posted December 4, 2019 Share Posted December 4, 2019 Just now, Belfast Owl 2 said: Even though we aren't insolvent. Careful with what you post please. In cash flow insolvency, the debtor suffers from a lack of financial liquidity making it impossible to pay debts as they fall due. This is the type of insolvency most individuals experience prior to filing for bankruptcy. Balance sheet insolvency, on the other hand, involves having negative net assets, where one's liabilities exceed their assets. Link to comment Share on other sites More sharing options...
SiJ Posted December 4, 2019 Share Posted December 4, 2019 Just now, BARMYARMY2010 said: Go and find some little fella on fargate Chris Wilder? 1 Link to comment Share on other sites More sharing options...
sonofbert2 Posted December 4, 2019 Share Posted December 4, 2019 2 minutes ago, FreshOwl said: He’s fighting a lost battle. If you’re in the wrong you admit fault. All this will do is wind up EFL more and they’ll probably give us a harder punishment I bet you leave 15 mins early at 1-0 down. 2 Link to comment Share on other sites More sharing options...
Harrysgame Posted December 4, 2019 Share Posted December 4, 2019 1 minute ago, FreshOwl said: He’s fighting a lost battle. If you’re in the wrong you admit fault. All this will do is wind up EFL more and they’ll probably give us a harder punishment Bout time someone stood up to the EFL. Who knows how it will end but they are ruining the game so bring it on. Premier league 2 coming soon, then what will the EFL do? Link to comment Share on other sites More sharing options...
Belfast Owl 2 Posted December 4, 2019 Share Posted December 4, 2019 14 minutes ago, rickygoo said: Guilty of dragging the club into insolvency. Except we arent insolvent. Careful with what you post please. 1 Link to comment Share on other sites More sharing options...
shez owl Posted December 4, 2019 Share Posted December 4, 2019 Taking the Alan Sugar route... good on him Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted December 4, 2019 Share Posted December 4, 2019 2 minutes ago, sw1867 said: You are missing my point. I hope there is no case to answer and I trust the statement in he has correspondence to prove we checked that the sale of the ground was within the rules. My point is, we shouldn’t have been in that situation needing to sell our ground in the first place. Why? If your allowed to do it what's the problem? Link to comment Share on other sites More sharing options...
BARMYARMY2010 Posted December 4, 2019 Share Posted December 4, 2019 16 minutes ago, rickygoo said: Guilty of dragging the club into insolvency. And the hits just keep on coming, good god. Link to comment Share on other sites More sharing options...
SiJ Posted December 4, 2019 Share Posted December 4, 2019 Just now, rickygoo said: In cash flow insolvency, the debtor suffers from a lack of financial liquidity making it impossible to pay debts as they fall due. This is the type of insolvency most individuals experience prior to filing for bankruptcy. Balance sheet insolvency, on the other hand, involves having negative net assets, where one's liabilities exceed their assets. Yes, but posting that he has led us to insolvency is not entirely accurate and some would suggest is borderline scaremongering. 1 Link to comment Share on other sites More sharing options...
oldishowl Posted December 4, 2019 Share Posted December 4, 2019 Awaits Doom Howson asking Monk to explain the statement at this week’s press conference 1 Link to comment Share on other sites More sharing options...
SiJ Posted December 4, 2019 Share Posted December 4, 2019 4 minutes ago, FreshOwl said: He’s fighting a lost battle. If you’re in the wrong you admit fault. All this will do is wind up EFL more and they’ll probably give us a harder punishment You dont know that though - none of us do. Link to comment Share on other sites More sharing options...
Belfast Owl 2 Posted December 4, 2019 Share Posted December 4, 2019 1 minute ago, rickygoo said: In cash flow insolvency, the debtor suffers from a lack of financial liquidity making it impossible to pay debts as they fall due. This is the type of insolvency most individuals experience prior to filing for bankruptcy. Balance sheet insolvency, on the other hand, involves having negative net assets, where one's liabilities exceed their assets. My point stands despite your copy and paste. We neared insolvency under the old guard but falling foul of FFP regulations is different. Link to comment Share on other sites More sharing options...
Dick_Turpin Posted December 4, 2019 Share Posted December 4, 2019 1 minute ago, Belfast Owl 2 said: Except we arent insolvent. Careful with what you post please. I heard you the first time. Link to comment Share on other sites More sharing options...
We'llNeverBeMastered Posted December 4, 2019 Share Posted December 4, 2019 That's a very strongly worded statement. Actually makes me believe we've got the required evidence to send the EFL packing. Come on you blue and white shithouses Link to comment Share on other sites More sharing options...
Belfast Owl 2 Posted December 4, 2019 Share Posted December 4, 2019 Just now, rickygoo said: I heard you the first time. Well done. Bear it in mind before posting more innacurate scaremongering and basic lies. 1 Link to comment Share on other sites More sharing options...
thewookieisdown Posted December 4, 2019 Share Posted December 4, 2019 11 minutes ago, prowl said: You would need to be a solicitor to decide that. No, I don't agree. I don't think the press release tells us anything about the strength or presentation of the case, at all: but as a statement it isn't all that tight. Pure pedantry, but then I enjoy pedantry Link to comment Share on other sites More sharing options...
Shifty Powers Posted December 4, 2019 Share Posted December 4, 2019 Love the fact he is even asking for compensation! Top shithousing all round. Gu on DC lad! 6 Link to comment Share on other sites More sharing options...
sonofbert2 Posted December 4, 2019 Share Posted December 4, 2019 Let’s come together and build a siege mentality........SIEEEEEEEEEEEEGE!!!! 1 Link to comment Share on other sites More sharing options...
Dick_Turpin Posted December 4, 2019 Share Posted December 4, 2019 1 minute ago, SiJ said: Yes, but posting that he has led us to insolvency is not entirely accurate and some would suggest is borderline scaremongering. According to the balance sheet our liabilities exceed our assets. That is one definition of being insolvent is it not? And on whose watch has that happened? I used to be an insolvency accountant -a rubbish one to be fair but nevertheless.... 1 Link to comment Share on other sites More sharing options...
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