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Laughter My Ploy
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TimHarris":1w2xchga said:Unless The Football League Board is satisfied that the exit arrangements provide the Club with a firmer footing going forwards it is unlikely that it will be in a position to approve any exit from administration as a continuing member of the Football League.
And therein lies the rub for me. The PB's proposal has them underwriting Argyle's trading loss of the upcoming season to the tune of £2m - or so we are led to believe. Unless this money is provided upfront then there is no credibility in Ridsdale's business plan because the PB has been shown to be unreliable in meeting agreed financial commitments.
The transfer of the league share to Ridsdale's company at this time just does not meet the criteria quoted above.
I realise it splitting hairs but I love the word firmer rather than firm....firmer could mean we will give you the OK if you only lose £2million next year and pay everybody in full and on time slightly more often