Preston face winding up order

[Lighthouse]

WHILE WE PONDER ON WHAT MIGHT HAVE BEEN ANOTHER OLD CLUB PONDERS ON WHAT MAY BE

Preston given winding up petition 
 
Championship side Preston have been served with a winding up petition by Her Majesty's Revenue and Customs.

A statement from the Deepdale club said it had received the petition following the failure to pay certain liabilities.

The company's ordinary shares will be suspended from trading from 17 May pending financial clarification.

On Thursday, North End borrowed a further £550,000 from leisure tycoon Trevor Hemmings to "meet the cost of players' wages due this month".

The cash injection took Hemmings's investment in the Deepdale club to £13.82m including interest.

The Lancashire club, who were one of the 12 founding members of the Football League, are considering their available options and will make a further announcement soon.

They finished the season in 17th place under manager Darren Ferguson, the son of Manchester United boss Sir Alex.

[blingo]

It's not FFC so I don't care.

[CorkedHat]

It's not FFC so I don't care.

Now that is not the attitude Mr B. Preston and clubs like them are the fabric of what makes our game so great. Over the years they have provided many great players not the least of them being the legend, Tom Finney.
In 1951 my old man who supported the other team in SW6 asked this ten year old if he would like to see one of the greatest players in the world, a man called Finney. I said that I would and as a result he took me to my very first game at Craven Cottage - Fulham versus Preston North End.
Little did he know that that visit would cement my love for Fulham, so I guess I have more than a passing interest in Preston.
But notwithstanding that, if a club like Preson goes to the wall then it is certain that others will join them, if not immediately then in the not so distant future.
The money we pay players is bordering on madness and the way things are going one day we'll just have a super league of just four clubs or else they will join an elite Europe League. The rest of us will be struggling in a watered down version of the Premier League.

[epsomraver]

Just going to post the same Mr Cork, it affects the core of football when clubs with so much history are struggling, there by the grace of God etc, ps when you do a quote how do you get your answer outside the grey area? I have tried all ways, thought I would ask you as you are of the computer generation :005:

[jarv]

Agree with corked hat.

Football has to do something soon to save clubs from themselves and break the mould of the same few clubs in the top 4 or 6. Portsmouth and Preston, just the tip of the iceberg I suspect.

Footnote on Preston. Back in the 60s, the days of Conway, Earle and Barrett, we played Preston for the 3rd division championship, last game of the season. We had been top of the division ALL season and lost 1-0 at home to finish 2nd on the last day in front of a packed cottage. Very Fulhamish.

[CorkedHat]

Just going to post the same Mr Cork, it affects the core of football when clubs with so much history are struggling, there by the grace of God etc, ps when you do a quote how do you get your answer outside the grey area? I have tried all ways, thought I would ask you as you are of the computer generation :005:

Like this ER. Click the mouse just after where it is says Quote and scroll down to some white space.

[epsomraver]

Just going to post the same Mr Cork, it affects the core of football when clubs with so much history are struggling, there by the grace of God etc, ps when you do a quote how do you get your answer outside the grey area? I have tried all ways, thought I would ask you as you are of the computer generation :005:

Like this ER. Click the mouse just after where it is says Quote and scroll down to some white space.

Like this? thanks mate, it seems to work sometimes but I never know how much space to leave, trust you are well and have drowned your sorrows? cost me an arm and leg to go to the match as I had to close up for the day but wouldn't have missed it for the world.

[CorkedHat]

Just going to post the same Mr Cork, it affects the core of football when clubs with so much history are struggling, there by the grace of God etc, ps when you do a quote how do you get your answer outside the grey area? I have tried all ways, thought I would ask you as you are of the computer generation :005:

Like this ER. Click the mouse just after where it is says Quote and scroll down to some white space.

Like this? thanks mate, it seems to work sometimes but I never know how much space to leave, trust you are well and have drowned your sorrows? cost me an arm and leg to go to the match as I had to close up for the day but wouldn't have missed it for the world.

I am well thank you ER. I have to see a specialist on Tuesday - a 300 mile round trip to hear what you don't want to hear I expect - but I'm feeling better now than I have for some time;
I envy your trip to Hamburg ER but I bet it doesn't compare with going to Doncaster in February  :011:

[Dugliss]

The madness of finance in football needs to be sorted quickly before any more clubs go under and the answer lies straight at the door of the players and their agents. With so much money being pumped into football this should not be happening

[flynny]

That is a very heart felt answer corked hat .But what you fail to undrestand is the chairmen that run these clubs are doing so illegally if they cannot pay what they owe .they do have to implement rules that clubs need to be self sufficient. not reliant on commie billionaires or sand shufflers who dont like horse racing

[Rupert]

It's not FFC so I don't care.

I sincerely hope that was not meant to be taken too seriously? We are where we are now because we won the lottery thirteen years ago, before that we relied on the support of a lot of teams and supporters for our continued existence.
Would any of us who remember the 1980s be happy (or not give a damn) if Walsall were in trouble? I hope not! The last thing I want to see is Fulham FC supporters forgetting where we came from (and where we will doubtless eventually return to). We had widespread support in the Europa partially because we are not seen as Premiership big-time Charlies.

[blingo]

Sorry but the answer is very simple. Dont spent a tenner if you have only got a fiver. If you cant afford to pay the wages, dont agree to them in the first place. Clubs in trouble have no one to blame but themselves. You cant tell me that a massive debt just creeps up on you. I dont buy that.

[epsomraver]

Without Mo Blingo we would be the same position, we owe him millions, if he decided to call it a day we are in the shite, there by the grace etc.players wages are a massive drain on clubs week in week out.

[flynny]

no rupert it wasnt. i was having a sarcastic dig at ourselves and the club next door .

[blingo]

BUT we are not in that position and MAF runs the ship within his means. Prior to that, greedy bastards like Ernie clay took as much as they could out of us without putting nothing back. BAD MANAGEMENT NOTHING ELSE. So again I go back to the same point. Dont spent a tenner if you have only got a fiver. Dont blame the players or the agents. Its the complete idiots running the clubs that agree and give in to them. I would sort them all out in a week. First thing, put a limit on wages. Dont like it? See ya. English football is too big to collapse because they will not bow to player/agent demands. Until that happens and as MAF RIGHTLY says owners and chairmen realize that you dont buy a club to make money, football will remain in the proverbial.

[HatterDon]

Here's my take on that, Mr. Bling. Luton were penalized once during and twice after the ownership coalition of the time went off the rails financially and in a criminal sense. Once would have been plenty, but the league and the FA punished the new ownership and the fans AFTER a stable and straight-arrow boardroom took over. There are always going to be multiple years of repercussions for financial malfeasance, but there should be some limit to the real and perceived punishment of people who are really just sufferers of collateral damage. After all, how fair is it for YOU to suffer financially and criminally if your father is convicted of drug dealing? Okay, how fair if you're NOT John Terry?  :005:

It just seems to me patently unfair that Bournemouth, Southampton, West Ham, and Portsmouth are all either suffering or recently recovering from potential winding up threats while Harry Redknapp is the Barclay's Manager of the Year.  :031:

If Preston goes, I will indeed mourn. It's a proud franchise with a proud history.