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Post Info TOPIC: Administration note


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Administration note


If a chairman has left a club and the loss of financial backing has put the club into administration this is what follows.

FA will take control of transfer dealings until the situation is cleared.

Administrators will try to make sure the wages aren't too high, the squad is left balanced, and the finances are sustainable.

Administration is likely to last 1-2 weeks and in that time a few players will be sold to clear the debts. This doesn't mean everyone will be sold, but also the best offers have to be accepted during this 1-2 week period and this may mean that good players are sold for less than you could get in normal circumstances.

Richard.



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good luck chievo.

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who is that man on the sideline in a long coat? mourinho? ferguson? boothroyd? walker!



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Are Chievo in adminstration?
I dont think I could take advantage of that.

Good luck to them

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Cardiff City manager - PM or Email at ccfc999@hotmail.com


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yeah right,,,,,,,,,,,,,,,,,,,,,,,,!

lol

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Man City Manager - English Premiership
simonnewcombe@googlemail.com



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:-0
lol

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Cardiff City manager - PM or Email at ccfc999@hotmail.com


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Due to the large number of offers, deals for Chievo players will be tied up this week, although some may have to wait until next week to actually happen.

Richard.

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Deals for Chievo will be agreed by the end of today, and managers who have been successful in their bids will be contacted. I'm not extending the bidding longer as I could raise over £50 million based on the bids so far, and managers are starting to pull out of bids they've made because the prices have got to such a level that they're overstretching their finances, and I don't have time or don't want to be messing around other managers who are making bids they can back up.

Richard.

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-- Edited by Simon at 18:56, 2008-01-22

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simon_jenkins1991@yahoo.co.uk
"I don't fail, I merely find ways of not succeeding"



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I was last on here 2 days ago, so I've missed all Chievo transfers. That'll teach me to not look on here everyday... I didn't have the money anyway!

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simon_jenkins1991@yahoo.co.uk
"I don't fail, I merely find ways of not succeeding"



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I had the money and still didnt get anything. Everyone way overpriced in the end anyway, no bargains that ive heard of.

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Cardiff City manager - PM or Email at ccfc999@hotmail.com


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Thanks to everyone who bid. Deals to clear the debt have been agreed.

Richard.

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shame on you managers taking advantage of poor Chievo.

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Cardiff City manager - PM or Email at ccfc999@hotmail.com
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