What happens if we get relegated?

[Yngwie]

1 hour ago, snorbens_caleyman said:

Very possibly by selling assets.

Administration doesn't guarantee that the club continues.

Indeed. What assets do we have to sell, and who would buy them?

The battery firm is either worth nothing or worth up to £3m depending on the appeal outcome, but the club now seems to own only 1% of that company after 3 directors subscribed for new shares in it.

[Satan]

4 hours ago, Yngwie said:

Indeed. What assets do we have to sell, and who would buy them?

The battery firm is either worth nothing or worth up to £3m depending on the appeal outcome, but the club now seems to own only 1% of that company after 3 directors subscribed for new shares in it.

Separating club asset from director asset in the event of fire sale...after all the land it is on is 0% owned by ictfc.

Transfer shares back after exiting administration?

[robbo1985]

My hope is that we transition to a fully fan owned club like Annan.  One of the very few rays of sunshine in a very depressing season has been the work of George Moodie and others on the board of the Supporters Trust and I wish they and the fans in general had much more say in the running and direction of the club.  I can only imagine what attendances will be like next year if the status quo remains.

The same applies to the Travel Club which is very well run and organised.  

Cammy Harper was one of the other few positives this season. I fear he will be moving on in the summer and can't blame his as he should be playing in the championship at the very least.  
 

Money is going to be in very short supply so let’s start giving Keith Bray, Robbie Thompson, Adam Brooks, Roddy MacGregor, Wallace Duffy, Adam Brooks and (when back fit) Lewis Nicholson regular game time with a view to rebuilding.  

Edited May 19 by robbo1985

[STFU]

5 hours ago, Yngwie said:

Indeed. What assets do we have to sell, and who would buy them?

The battery firm is either worth nothing or worth up to £3m depending on the appeal outcome, but the club now seems to own only 1% of that company after 3 directors subscribed for new shares in it.

The stadium.  The location of which (within the green freeport) would be tempting for someone operating in the renewable energy sector.

[Satan]

2 minutes ago, STFU said:

The stadium.  The location of which (within the green freeport) would be tempting for someone operating in the renewable energy sector.

Not sure anyone would be too keen on buying something which is on leased land for sole use by the football club for another 70 years, although it wouldn't be the first u-turn the council has performed. 

[STFU]

49 minutes ago, Satan said:

Not sure anyone would be too keen on buying something which is on leased land for sole use by the football club for another 70 years, although it wouldn't be the first u-turn the council has performed. 

If there's no football team to occupy it or if they had suitable land elsewhere to relocate it then why would the council object?

[bdu98196]

1 hour ago, STFU said:

The stadium.  The location of which (within the green freeport) would be tempting for someone operating in the renewable energy sector.

Uncle Roy is waving