For The Sixteenth Time This Season… Chester City

Ian

Ian began writing Twohundredpercent in May 2006. He lives in Brighton. He has also written for, amongst others, Pitch Invasion, FC Business Magazine, The Score, When Saturday Comes, Stand Against Modern Football and The Football Supporter. Ian was the first winner of the Socrates Award For Not Being Dead Yet at the 2010 NOPA awards for football bloggers.

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3 Responses

  1. Jim Waterson says:

    Whut, you forgot the announcement to turn their stadium in a stupidly large ‘sports hub’/’Old Trafford equivalent’/’Wembley of the North’.

    Until recently the poll on the otherwise dead website was ‘Do you support the new management team?’ – perhaps the vote went against them.

  2. Martin says:

    It’s time to end this nonsense.

  3. Ron Ipstone says:

    This is all very odd. The spreadsheet published on the Chester City site shows a Football League parachute payment of £215,500 yet the administrator’s report used to support the CVA shows that Chester City would be getting a discretionary parachute payment from the Football League of only £13,000.

    Anyone reading these projections would conclude that in the early part of the season Chester would be able to pay its debts as it would have the income from the parachute payment of £215,500 and the season ticket sales of £46,212.00, but with the level of outgoings it would run out of money fairly quickly. Far from dissuading HMRC to issue a winding up petition, the projections should serve as an inducement to issue at the earliest moment should it be necessary.

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