The Debt.

[BWFC_Insane]

I imagine even the very rich might struggle to get their hands on £15m cash overnight. My ever optimistic mind is clinging to that straw.

Presumably they need less than that up front to avert the impending crisis. Pay the bills off and buy time for a deal to be completed. To me it sounds like nobody is able or willing to do that as yet.

[Dave Sutton's barnet]

I imagine even the very rich might struggle to get their hands on £15m cash overnight. My ever optimistic mind is clinging to that straw.

Presumably they need less than that up front to avert the impending crisis. Pay the bills off and buy time for a deal to be completed. To me it sounds like nobody is able or willing to do that as yet.

Well the first bill, I'd guess, is this £600k to HMRC or we'll get a winding-up order.

[Enoch]

Oh, well, if it's just the 600k, why did nobody say.....

[StaffsTrotter]

I imagine even the very rich might struggle to get their hands on £15m cash overnight. My ever optimistic mind is clinging to that straw.

Presumably they need less than that up front to avert the impending crisis. Pay the bills off and buy time for a deal to be completed. To me it sounds like nobody is able or willing to do that as yet.

Well the first bill, I'd guess, is this £600k to HMRC or we'll get a winding-up order.

So remind me why we've never shifted the clubs HQ offshore - starbucks wanderers

[Dave Sutton's barnet]

The £600,000 figure is from the BBC - very much immune to wild speculation in news. (Feature content's a bit rubbish, McNulty's a numpty and Crooks is a clown, but the news is invariably straight-edged and well-sourced.)

Meanwhile back in the BN, our old mate Doogie says he saw it coming.

When I first went there, I tried to buy Danny Ings for £1.2m. But we couldn’t get the money together. That prompted a huge amount of suspicion for me. Given that it was a side that had just come down. The day we missed out on the play-offs – when Leicester got in there on the final day. I knew we were in big trouble after that; it was a club in decline and this was coming.

There were huge earners there and it was a difficult job to deal with.You could not quite explain to people what you were trying to do. But there were players there who were on huge amounts of money. If we did not move some of them on, we could have gone under. It has just caught them up now, because they have not had enough assets to balance things out. They have been caught out.

I would defend Phil Gartside to the hilt, because he made some difficult decisions and he was trying work things out. He has been unwell and I hope he recovers and that the club is bought and can get through these difficult times.

[Bruce Rioja]

The day we missed out on the play-offs – when Leicester got in there on the final day. I knew we were in big trouble after that; it was a club in decline and this was coming.

Yes Douglas, you clueless fecking nice person. That was the day that you decided to abandon the formation that had got us into contention and play one up top at home against Blackpool - net result -2 down after about 5 fecking minutes, you absolute fecking gobshite.

[BWFC_Insane]

Nixon information alert - for anyone with a dislike of his info, please look away now...

One serious party still in talks - in his view Holdsworth bid not serious.

The party still in talks are hitting "obstacles".

His view is that there is a lot of game playing going on here. I can only assume haggling on price.

[BWFC_Insane]

The day we missed out on the play-offs – when Leicester got in there on the final day. I knew we were in big trouble after that; it was a club in decline and this was coming.

Yes Douglas, you clueless fecking tw*t. That was the day that you decided to abandon the formation that had got us into contention and play one up top at home against Blackpool - net result -2 down after about 5 fecking minutes, you absolute fecking gobshite.

We'd have only been dicked by Watford over two legs anyway.

[Bruce Rioja]

The day we missed out on the play-offs – when Leicester got in there on the final day. I knew we were in big trouble after that; it was a club in decline and this was coming.

Yes Douglas, you clueless fecking tw*t. That was the day that you decided to abandon the formation that had got us into contention and play one up top at home against Blackpool - net result -2 down after about 5 fecking minutes, you absolute fecking gobshite.

We'd have only been dicked by Watford over two legs anyway.

Would we? We were on a roll at the time which that clueless c*nt decided to alter. I seem to recall we were favourites at the time.

[BWFC_Insane]

The day we missed out on the play-offs – when Leicester got in there on the final day. I knew we were in big trouble after that; it was a club in decline and this was coming.

Yes Douglas, you clueless fecking tw*t. That was the day that you decided to abandon the formation that had got us into contention and play one up top at home against Blackpool - net result -2 down after about 5 fecking minutes, you absolute fecking gobshite.

We'd have only been dicked by Watford over two legs anyway.

Would we? We were on a roll at the time which that clueless c*nt decided to alter. I seem to recall we were favourites at the time.

We had a good run in mainly on the back of Spearing and Dawson. Spearing had just got injured and Dawson just gone back to West Brom.

We weren't going to get past Watford imo. Our only fit forwards were Marvin Sordell and Craig Davies!

[jonnybwfc]

Eagles was playing very well, though.

And got us back into that Blackpool game single-handedly, as I remember it.

[Worthy4England]

The day we missed out on the play-offs – when Leicester got in there on the final day. I knew we were in big trouble after that; it was a club in decline and this was coming.

Yes Douglas, you clueless fecking tw*t. That was the day that you decided to abandon the formation that had got us into contention and play one up top at home against Blackpool - net result -2 down after about 5 fecking minutes, you absolute fecking gobshite.

We'd have only been dicked by Watford over two legs anyway.

Would we? We were on a roll at the time which that clueless c*nt decided to alter. I seem to recall we were favourites at the time.

We hadn't been dicked by them in normal season - won 2-1 at home, lost 2-1 away. Hardly conclusive. There was only an odd goal between us and all the play off qualifiers through the normal season.

That formation was criminal.

[Beefheart]

Well, I blame Coyle for switching to a 4-4-2 in that home game against Wigan the season we went down. That's what got us in this mess.

[Bijou Bob]

Did o hear it wrong or did 5 live just report that a winding up order has in fact now been served over the 600k debt?

[Bruce Rioja]

Did o hear it wrong or did 5 live just report that a winding up order has in fact now been served over the 600k debt?

I'm not sure it's quite as drastic as they're making out................................ yet!

http://www.bbc.co.uk/sport/0/football/35034077" onclick="window.open(this.href);return false;

[H. Pedersen]

Hi folks. Could someone please explain to a Yankee what the consequences of a winding up order are? I've obviously heard it many times over the years but never quite bothered to investigate it because, well, it's never been relevant to me before . . .

[jonnycooper]

In our case! Very bleak indeed.If the taxman demands his money(winding up order) then they can force the sale of Club Assetts and BWFC would cease to exist in its current form.I,m no expert on these matters whatsoever but I understand that's basically what would happen.We would also be hit with a 12 point deduction of our points for going into administration,making relegation a certainty! There are other characters on here who would be able to provide a real in-depth explanation of the consequences to us!

Glad to help!

[Dave Sutton's barnet]

Here's the increasingly excellent GOV.UK's how-to guide:
https://www.gov.uk/wind-up-a-company-th ... y/overview" onclick="window.open(this.href);return false;

And this has more info, rather worryingly implying that a company can't be sold once it's been served:
http://www.companyrescue.co.uk/company- ... p-petition" onclick="window.open(this.href);return false;

More here:
http://www.taxgone.co.uk/products/windi ... ion-facts/" onclick="window.open(this.href);return false;

[bobo the clown]

Well, I blame Coyle for switching to a 4-4-2 in that home game against Wigan the season we went down. That's what got us in this mess.

Without a shadow of a doubt. There was and has been plenty wrong since Allardyce left but that single decision ... as he turned away from the system and style which had got us a very good run in the December and January ... a style forced upon him by injury and suspension ... and reverted back to the system that had failed us prior to that.

I walked in, saw his nonsensical team selection and knew we were about to lose. That game, won, would have put us 8 points above Wiggin. Instead we went to just 2 ahead of them and we never looked capable again. Coyle was (is !) a clueless fckwit.

[H. Pedersen]

Blowing the lead at West Brom in the second to last game of the season is the one that I can't get over. That would have kept us up as I recall.