Administrators, Racism & The Twitter Bug

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5 Responses

  1. Justin says:

    I agree that what Hood said was well out of order and should be retracted. As a football fan and someone who worked in the insolvency industry for a decade, I can agree with much of the above. Whilst we can’t tar all Insolvency Practitioners with the same brush (I worked for two decent ones, and one arsehole), the higher up the profession you go the more self-righteous and pompous they get. Regretfully, with football Administrations being so high profile, the IP(s) appointed do tend to be of the high-end, well-known, variety.

    Playing devils advocate – IPs are obliged by law to act in the interests of creditors – and that is so very rarely the fans. The only real interest an Administrator has in keeping a club running is that it is worth a lot more that way; what the fans think/want doesn’t matter, unless one of them (or a collective of them) has £100m. That’s just the way it is. Oh – and the £600 an hour is what the firm charges, not what the guy gets paid – as a rough guide, you want to divide that by about 8.

  2. urzz1871 says:

    Sadly, no surprises and completely par the the course – the one thing above all others I’ve learnt from the involvement I’ve had in supporter activism is that those involved in running football (whether leagues, clubs, finances, whatever …) will always – ALWAYS, WITHOUT FAIL – completely under-estimate the calibre and motivation of supporters and what the supporters will prove themselves to be capable of.

  3. Rob C says:

    The sad thing is that Nick Hood did nothing for the long-term future of Kingstonian by selling off the ground and the club as separate entities. Separating an organisation from its prime asset seems barmy even from a purely business point of view, yet it’s a route that administrators continue to follow. Ever since, Ks have been tenants in their own ground, first to Khosla and now to my own club, Wimbledon. Let’s hope it’s not too long till Wimbledon are back in Wimbledon and the damage that Nick Hood did is undone.

  4. SJMaskell says:

    In regard to the arrogance administrators show towards we ‘great unwashed’ football fans, a small chink of light has emerged. Andrew Andronikou was ousted from his expected role as Pompey’s administrator in court last Friday. It gives me great pleasure to be able to say that I have been made aware of the fact that the Pompey Supporters’ Trust was instrumental in aiding those who objected to his role. This after he told me that there would be ‘no conflict of interests’ in his role as administrator for both club and parent company. It seems the judge did not agree.

    £100m, mush, you’re ‘avin’ a larf!

  5. Jim says:

    Brendan Guilfoyle made himself a tidy sum out of Luton Town as well.

    It took him 8 months to pass the reins to our current owners and was well known for his silence, his slow progress and his £280 an hour bills.

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