Quote Originally Posted by The Baldmans Comb View Post
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Administration threads really do show up how uninformed many football fans are as they really do think Administration (or liquidation) is a big deal when in fact it's all just one con trick so that clubs just shaft the creditors pay them back at 10p in the £ or whatever and just simply start all over again usually in exactly the same stadium.

Remember all wailing and whining and knashing of teeth over Dundee (twice), Livi (twice), Airdrie, Motherwell, Morton, Inverness and of course our poppy thieving neighbours.

Old Rangers took it one step further and were liquidated though you would hardly think so and Gretna and Clydebank reincarnated under slightly different names so Dumbarton pulling the age old magic trick was entirely predictable.

Next season expect another sob story about some another club when in reality 6 months later and they will be back again as they always are after some tiny cosmetic change.
True.

Apparently 90% of businesses go out of business completely after administration or liquidation but football clubs always seem to survive in one form or another.

I would imagine that a creditor who was local to a football club would think twice about pulling the plug as it would be bad for business in the community to say nothing about windaes being pit in . Examples being businesses and suppliers around Gorgie when our neighbours gloriously imploded.