Generic clubs in financial crisis Thread

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Royal Shepherd
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Re: Generic clubs in financial crisis Thread

by Royal Shepherd » 19 Aug 2025 08:52

Sutekh
Stranded
Sutekh
There must be something missing from this ridiculous saga, either that or the current owners are complete lunatics.

These recent cases have shown there needs to be a special dispensation with sporting “businesses” whereby idiot owners can be forced to sell when offers are on the table and third parties can force a club into administration when necessary.


The Morecambe owner did pretty much the same thing at Worcester rugby but was unfortunately already in at Morecambe before doing it.

No idea why he does this - whether he feels the land has more value being used for something else but one hopes they get it sorted but sadly, unless the deal goes through quickly, you can see them having to restart at the bottom.


Looks like their idiot owner has finally agreed the sale but won’t hold my breath over it just yet.

https://talksport.com/football/3474766/ ... ittingham/


Panjab Warriors investment in top sport!!

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Dirk Gently
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Re: Generic clubs in financial crisis Thread

by Dirk Gently » 16 Oct 2025 13:09

Wednesday, predictably, following our well-trodden path.

Sheffield Wednesday will "imminently" be served with a winding-up petition over money owed to HMRC, reports BBC Radio Sheffield.

After an investigation alongside the Sheffield Star it is understood the Championship club owes £1m.

A winding-up petition would increase the pressure on the club's owner Dejphon Chansiri to sell.

They are already under five separate EFL embargoes after failing to pay wages on time in five of the past seven months.

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tidus_mi2
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Re: Generic clubs in financial crisis Thread

by tidus_mi2 » 16 Oct 2025 14:30

Dirk Gently Wednesday, predictably, following our well-trodden path.

Sheffield Wednesday will "imminently" be served with a winding-up petition over money owed to HMRC, reports BBC Radio Sheffield.

After an investigation alongside the Sheffield Star it is understood the Championship club owes £1m.

A winding-up petition would increase the pressure on the club's owner Dejphon Chansiri to sell.

They are already under five separate EFL embargoes after failing to pay wages on time in five of the past seven months.

Definitely sped-run it compared to how we went.

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