So we are 2-1 down after the first leg of the play off. We have only won a handful of games by more than two goals this season. There is a good chance we are going to be relegated into League One.
What will the consequences be of this happening? I've heard people say that we will go into administration if we get relegated, I've heard people say that we will go part-time. People even speculate that we might go out of business entirely if this happens.
I think at one of the fan Q&A events the chairman said they hadn't been planning for relegation but I'm sure they've also said in other communications that they are planning for this. While we all know the people running the club are generally incompetent I cannot believe that they haven't considered what to do if this happens - we would likely close down our Youth Academy operations, make staff redundant and possibly go part-time, to a degree. Perhaps we could keep a core of full-time players and supplement the rest with part-timers and youth products.
As I understand it, companies go into administration if they are insolvent. Given our regular massive losses we probably fit that category but I don't know if it would be in the interest of the people who are writing the cheques to put us into adminstration. Maybe it could be done to reduce costs (ie make everyone redundant) and then start from a new base. I'm not sure our position with regards to creditors - do we owe money to the bank or the taxman? If so, they might put us in admin and sell our assets for payment.
Assuming the club continues, how do thing develop on the field? I can't see Duncan Ferguson continuing if we go down - he has said many times he was here to keep us up, he failed and does he really want to compete in the third tier of Scottish football? I don't think so. I can only see us appointing someone from within - Scott Kellacher? Ryan Esson? Charlie Christie? In terms of players, we have, I think, five players under contract. I can see us offering some of the young players coming to the end of their deals one year contracts and trying to build that way.
The banter outcome is that we get relegated, win our Scottish Government appeal and get a £3m cash injection mid season.
I really dislike this thread aiming against my beloved ICT. Ok, it seems badly run, badly managed etc etc but whatever the future brings the diehard fans will remain. I only wish I had the cash to
big cherly
You sad, deluded, ignorant small minded fool. There’s a place for you and your poison at parkhead or ibrox. You’ll be welcome there with open arms.
So we are 2-1 down after the first leg of the play off. We have only won a handful of games by more than two goals this season. There is a good chance we are going to be relegated into League One.
What will the consequences be of this happening? I've heard people say that we will go into administration if we get relegated, I've heard people say that we will go part-time. People even speculate that we might go out of business entirely if this happens.
I think at one of the fan Q&A events the chairman said they hadn't been planning for relegation but I'm sure they've also said in other communications that they are planning for this. While we all know the people running the club are generally incompetent I cannot believe that they haven't considered what to do if this happens - we would likely close down our Youth Academy operations, make staff redundant and possibly go part-time, to a degree. Perhaps we could keep a core of full-time players and supplement the rest with part-timers and youth products.
As I understand it, companies go into administration if they are insolvent. Given our regular massive losses we probably fit that category but I don't know if it would be in the interest of the people who are writing the cheques to put us into adminstration. Maybe it could be done to reduce costs (ie make everyone redundant) and then start from a new base. I'm not sure our position with regards to creditors - do we owe money to the bank or the taxman? If so, they might put us in admin and sell our assets for payment.
Assuming the club continues, how do thing develop on the field? I can't see Duncan Ferguson continuing if we go down - he has said many times he was here to keep us up, he failed and does he really want to compete in the third tier of Scottish football? I don't think so. I can only see us appointing someone from within - Scott Kellacher? Ryan Esson? Charlie Christie? In terms of players, we have, I think, five players under contract. I can see us offering some of the young players coming to the end of their deals one year contracts and trying to build that way.
The banter outcome is that we get relegated, win our Scottish Government appeal and get a £3m cash injection mid season.