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Re: Desperate measures.....

Posted: Wed May 23, 2012 6:39 pm
by Stalin
Poppies Trust KTFC‏@poppiestrust

About 70 here at Nene Park fans forum #KTFC. GR explaining why he's here on his own. Illness hospital and holidays for remaining board.

That's not a typo, 70 fans there :lol: :lol: :lol: :lol: :lol: :lol: :lol:

Re: Desperate measures.....

Posted: Wed May 23, 2012 6:43 pm
by StaceyH
@JonDunhamET: KTFC to enter CVA. And go into Southern League Premier. Debts of 1.2 million. Directors to write off loans so 400,000 is the figure

Re: Desperate measures.....

Posted: Wed May 23, 2012 6:44 pm
by Stalin
Looks like the Ploppies are Southern League bound with a 10 point penalty.

Result

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

Re: Desperate measures.....

Posted: Wed May 23, 2012 6:45 pm
by oliv272
How did they manage to get into debts that large?

Re: Desperate measures.....

Posted: Wed May 23, 2012 6:46 pm
by Trek
Hot off the Press - KTFC to enter CVA, Debts £1.2m, but loans to be written off so actual debt circa £400k. Will enter SLP (if they'll have them!).

Re: Desperate measures.....

Posted: Wed May 23, 2012 6:46 pm
by Trek
oliv272 wrote:How did they manage to get into debts that large?
About the same way RDFC did!! :twisted:

Re: Desperate measures.....

Posted: Wed May 23, 2012 6:46 pm
by Stalin
What time does the party start? :lol: :lol: :lol: :lol:

Re: Desperate measures.....

Posted: Wed May 23, 2012 6:47 pm
by Stalin
#KTFC Gary Graham has joined the club Board. Club has a future and we can get promoted.

Not at Nene Park in the Southern League.

Re: Desperate measures.....

Posted: Wed May 23, 2012 6:54 pm
by Formic
Add to all that the tweet that says "None of this is great for businesses or players who are owed money but is only decision. Admin would leave people with nothing". That suggests Football creditors aren't being paid - which will raise questions about whether they will be allowed in the Southern League / FA Cup etc - and the embargo will remain.

Re: Desperate measures.....

Posted: Wed May 23, 2012 6:55 pm
by oliv272
They are staying full time?! What is the point in that, massive debts and operating costs surely it'd make more sense to go part time.