Would mean both my favoured clubs have entered administration, sigh.
They're basically trying to buy time so they can find a buyer that meets their valuation. 150mil out of pocket as petty as it sounds is worth fighting for, no matter the chances. What they'll probably so is get another loan in the meantime to cover what's need to pay RBS and buy some more time. But it's a vicious cycle and pretty much a financial landmine.i dont see why hicks and gillette are taking it to court, even if they win they will just lose the club when RBS take control