Livingston in financial trouble again?
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Thread: Livingston in trouble?
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23-10-2013 04:18 PM #4This quote is hidden because you are ignoring this member. Show Quote
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23-10-2013 04:23 PM #5
Looks like it:
http://www.livilions.co.uk/forums/sh...-Board-Changes
Talk of an imminent winding up order against the club by the end of the week and they've been shuffling their board around a fair wee bit of late.
It genuinely would surprise me in one sense as the majority of the team are youth developed (with the exception of Andy Barrowman and Simon Mensing who joined this year) though having said that, attracting a crowd continues to be the problem, despite some of the football they play these days!
A club that's in constant farce/crisis and this'll just be another bump in a very long and uneven road but perhaps this time, possibly terminal (as unlike Hearts or Dunfermline, I doubt they have sufficient fans to mount a fan-ownership route and who in their right mind is going to invest into a proven financial black hole).
http://www.dailyrecord.co.uk/sport/f...e-livi-2467812Last edited by Sylar; 23-10-2013 at 04:31 PM.
Madness, as you know, is a lot like gravity. All it takes is a little push.
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23-10-2013 04:44 PM #7
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Provincial teams like Livi etc should have big banners up as soon as you drive in saying "LIVINGSTON - HOME OF THE MOTOROLAS" or whatever their nickname is. Imagine if everyone supported their local town or city's team? It'd be much more entertaining as all these clubs (and us) would all be stronger. I don't think I've met anyone from Inverness who isn't a Rangers fan.
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23-10-2013 05:54 PM #8
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23-10-2013 06:17 PM #9
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23-10-2013 06:55 PM #11This quote is hidden because you are ignoring this member. Show Quote
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23-10-2013 07:24 PM #12
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Can't remember his name but didn't some boy rinse a lottery jackpot on them? What a waste of money.
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23-10-2013 07:31 PM #13This quote is hidden because you are ignoring this member. Show Quote
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23-10-2013 08:16 PM #15This quote is hidden because you are ignoring this member. Show Quote
They were always going to struggle to attract a local support when, as HibbySpurs points out, they were competing against hordes of football fans travelling east and west every week.
I think a lot of the Livingston fans simply got fed up of all the drama which accompanied the club through the rise and fall. This might be one bump too many though as the support remains incredibly low.Madness, as you know, is a lot like gravity. All it takes is a little push.
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23-10-2013 08:56 PM #17This quote is hidden because you are ignoring this member. Show Quote
We already had him here and told him he was too small to make it cannae see him wantin to come back
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23-10-2013 09:08 PM #18
I remember the early days of Livingston, morphed, as someone said from Meadowbank. but if I recall, M/bank were some other name before that? (where's Jonny?) a couple of mates of mine, did the match day programmes for Livi, as well as HFC Homofc, D/utd among others. we were invited to a freebie as the mates always took a "table" for matches as they put money back into folk that gave them business. the chairman, Bill somebody? came to our table and he had a bloody stuffed Parrot tied onto his shooder! had a good laugh with him though, and I thought it would be good for the town of Livi to have their own team. A mate of mine from Livi (celtic fan) took his boy to games, saying that he wanted to bring him up ,away from any of the OF pish. hope they survive.
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23-10-2013 09:09 PM #19This quote is hidden because you are ignoring this member. Show Quote
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23-10-2013 09:11 PM #20
Can't say I'm sorry to hear that. Another club to add to the list of fantasists who believe they are better or bigger than they are and spend way above what they can afford. Wont be sorry to see them consigned to the history books.
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23-10-2013 09:16 PM #21This quote is hidden because you are ignoring this member. Show Quote
Last edited by StevieT; 23-10-2013 at 09:17 PM. Reason: Beaten to it.
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23-10-2013 09:21 PM #22This quote is hidden because you are ignoring this member. Show Quote
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23-10-2013 09:21 PM #23This quote is hidden because you are ignoring this member. Show QuoteThis quote is hidden because you are ignoring this member. Show QuoteThis is how it feels
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23-10-2013 09:28 PM #24This quote is hidden because you are ignoring this member. Show Quote
Ggtth
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24-10-2013 08:57 AM #25
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Used to have a night club I once had the misfortune to visit but I think it's no there anymore.
IIRC they do pay homage to their "history" the function suites are called things like the "Ferranti Suite" & "Meadowbank Suite".....
In terms of them going bust I wonderif WLC will help them out as I think they did previously???
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24-10-2013 09:04 AM #26
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One of the reasons behind the financial redistribution of payouts in the new SPFL was to help teams in the second tier to remain full-time. Livingston will be one of the clubs benefiting from this but they may still have to go part-time, at least for a while.
From what I've read, debts are mainly to the main owners so it's not been the case of a club ripping off other businesses and the government to the extent of Rangers or Hearts.
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24-10-2013 09:45 AM #27This quote is hidden because you are ignoring this member. Show Quote
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24-10-2013 10:00 AM #28This quote is hidden because you are ignoring this member. Show Quote
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24-10-2013 11:20 AM #29
By the looks of it, the debt is owed to the directors. Think its more to do with Directors seeing who can pish highest up the wall. Cant see them going into admin.
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24-10-2013 11:25 AM #30This quote is hidden because you are ignoring this member. Show QuoteThis quote is hidden because you are ignoring this member. Show QuoteThis quote is hidden because you are ignoring this member. Show Quote
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