A very important day
When I turned on my phone this morning those were the words, 'a very important day', awaiting me in a text message - and I would not disagree!
So, we know that we have to get our statement of affairs into the courts by this afternoon, quite what can happen as a result, either way, seems to be quite a matter of debate.
Some seem to think that, so long as we at least get some documentation in, then we are safe until the March 1st court date regardless.
Although I would think, not that I am sure by any means, that should the judge/HMRC be 'unhappy' with this then a court date can either be fast tracked or they, the judge, would have the power to act themselves?
'If' that were the case then they 'might' be able to send us into administration - something that The Guardian 'claims' we have applied for anyway - at best, at worst would she have the power to wind us up before a court meeting was needed again? Then again The Express says we will apply for this 'should' we not beat Stoke and Burnley.
On the plus side, should this statement of affairs please everyone, and some proof on an investor also be seen with clear evidence of their investment plan that would clear the HMRC debt, among others - something, the HMRC debt, we MUST do! Argue the amounts after, but payment by the set date is a must - then the next appointed court date would become a mere formality, right?
Again, as said, I do not really know what is what, I would be lying if I said otherwise - although in all honesty I would find it odd that 'if' this paperwork did not satisfy people, or if it did for that matter, that they would be unable to, in the coming days, take actions and we would have to wait regardless for the March 1st date.
'Should' The Guardians admin claims prove true then of course this means any outside hopes of premier league survival are gone - this is the least of our worries though lets face it, yet a large chunk of debt owed to people would be written off, meaning a 'potential saviour' would take on less debt - something no creditors would be happy with of course, yet some of the larger amounts 'should' fall significantly, some people will be burnt for sure...
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