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 Post subject: League 1 and 2 clubs going broke
PostPosted: Thu Apr 13, 2017 12:17 pm 

Joined: Wed Oct 19, 2011 3:36 pm
The BBC reports on a risk survey carried out by finanancial analysts, who suggest that 4 EFL clubs in leagues 1 and 2 are at significant financial risk. I can think of the obvious 3, Coventry, Orient and Morecambe, but who might be the fourth?

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 Post subject: Re: League 1 and 2 clubs going broke
PostPosted: Thu Apr 13, 2017 12:45 pm 

Joined: Tue Oct 20, 2015 2:44 pm
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Oldham Athletic most likely, currently due in court to face a petition to wind up - https://www.thegazette.co.uk/notice/2739960


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 Post subject: Re: League 1 and 2 clubs going broke
PostPosted: Thu Apr 13, 2017 3:58 pm 
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Joined: Tue Sep 23, 2003 5:43 pm
Location: Brizzle
mervyn wrote:
The BBC reports on a risk survey carried out by finanancial analysts, who suggest that 4 EFL clubs in leagues 1 and 2 are at significant financial risk. I can think of the obvious 3, Coventry, Orient and Morecambe, but who might be the fourth?

I think I read that 3 were Div 3 and only one Div 4

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 Post subject: Re: League 1 and 2 clubs going broke
PostPosted: Thu Apr 20, 2017 8:01 am 
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Its surely only got to be a matter of time before HRMC finally manages to close a club down for good? God knows they've had enough attempts in the past. I see Orient's staff and players have still to receive their March wages and their owner has gone incommunicado - not looking rosy for them at all, is it?

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 Post subject: Re: League 1 and 2 clubs going broke
PostPosted: Fri Apr 21, 2017 7:29 pm 

Joined: Wed Oct 19, 2011 3:36 pm
Emeraldinho wrote:
Its surely only got to be a matter of time before HRMC finally manages to close a club down for good? God knows they've had enough attempts in the past. I see Orient's staff and players have still to receive their March wages and their owner has gone incommunicado - not looking rosy for them at all, is it?


You're right. HMRC Has stated quite openly that they intend to close down a football club in order to encourage all others to pay their tax bills on time.

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