Went to America, blew their life savings, managed one hugely deflected goal against the mighty Haiti, danced around at Baseball games to impress the Yanks and sent on their way home fuming with big Stevie.
Scotland. 👍
There seems to be a lot of confusion on the SWFC zero point ruling when comparing to the zero points Derby also received.
Both Clubs paid/are paying 25p in the £ to unsecured creditors.
Derby’s owner completely wrote his debt off. The Wednesday owner was made a sizeable offer.
Derby paid 25p in the £ and left the tax man owed £10’s of millions (EFL Insolvency Policy directs 100p - discretion shown). Wednesday are paying off all owed (100p in the £) to HMRC.
I’m struggling to square why some feel Wednesday should get more than Derby got for exiting Administration when the shortfall to creditors is so much less in the case of SWFC?
Furthermore, the shortfall against EFL Insolvency Policy is also much less in the case of SWFC.
Understand the Sheffield Wednesday takeover is done, with an official announcement expected tomorrow. The news #SWFC fans have been waiting for. A new dawn at Hillsborough.
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