JOHNNY Posted May 19, 2004 Share Posted May 19, 2004 Livingston will shortly come out of administration after a proposed takeover was approved by the bank. This will leave only Dundee facing a 10 point penalty for next season should they fail to come out of administration by the May 31 deadline. http://news.bbc.co.uk/sport1/hi/football/t...ton/3726291.stm Link to comment Share on other sites More sharing options...
JOHNNY Posted May 25, 2004 Author Share Posted May 25, 2004 After discussions between local council officials and the club's main creditor (HBOS Bank), the consortium led by Irish tycoon Pearse Flynn have withdrawn their bid to takeover the club. It is believed the bank proposed that the council buy back the stadium from the club for Link to comment Share on other sites More sharing options...
Irlandos Posted May 25, 2004 Share Posted May 25, 2004 I've said it before and I'll say it again: these new "rules" have only one goal in mind - to make the rich richer! You can't afford to pay your players? - Take a hike into the lower divisions! You can't afford to maintain a decent ground ( it was fine last year! ) - out you go! Are you a 3rd -World country? - Watch your players get kidnapped by wealthier nations! I know that Gobekli one will call me an old grouch but football was better - more competitive, more fair, more fun - years ago! :angry: Link to comment Share on other sites More sharing options...
JOHNNY Posted May 26, 2004 Author Share Posted May 26, 2004 "Watch your players get kidnapped by wealthier nations!" Maybe this is the start of it. One of our league's top scorers joins English 3rd Division side Boston United!! http://news.bbc.co.uk/sport1/hi/football/t...ted/3740533.stm Link to comment Share on other sites More sharing options...
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