Kilmarnock FC

[bauhaus]

With Kilmarnock being the only club, apart from Rangers, to not vote for kicking Rangers out of the SPL, is this an indication that they are the next club likely to go into administration. They have been making all sorts of noises regarding the implications of no Newco.

Have they now nailed their colours to the mast regarding their own finances?

[Alex MacLeod]

Kilmarnock have been baled out by their fans before. They could well be in that position but I say do what others have to do and cut the cloth to suit. Pay more sensible wages and reduce squad size. Sell the hotel.

[WYNESS101]

Sell the hotel.

And the fitness centre

[+Tree]

Kilmarnock have debts of just over £11m which they are servicing albeit at a very low interest rate at the moment.

From recollection they had a small operating profit last FY, however I suspect that with reduction in income and no realistic means to reduce the bank held debt (overdraft and loans) they may well be the first in trouble.

[+DoofersDad]

It's the bus fares to the Highlands that cripples them.

[IMMORTAL HOWDEN ENDER]

Well I love the "home" trip to Killie but I am NOT going to pay those ****s any money this season.

[PaderbornCaley]

Well I love the "home" trip to Killie but I am NOT going to pay those ****s any money this season.

But it's the best away day! lol The fans are all in the no camp - just the chairman who has let down his clubs supporters.

Apparantly the hotel makes either feck all money / runs at a loss.

[Kirishima]

Kilmarnock will never service that debt. If ICT loses 250k then the margins are small enough that Killie on a good day will be breaking even. So one day they, Hearts, Aberdeen, Hibs, Celtic, will all go the way of Rangers too.

Green was told by the SPL to go cap in hand, obviously Killie chairman was the only one who listened...a bit.

Edited July 5, 2012 by Kirishima