Huddersfield

M

maxnix

Well-known member
Anyone else heard a rumour they have to stump up £5M by the end of the month otherwise face administration and a 10 point penalty?
 
maxnix said:
Anyone else heard a rumour they have to stump up £5M by the end of the month otherwise face administration and a 10 point penalty?
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There are some problems there but I thought it was mostly about the holding company for the stadium?

Don’t want to rely on snookers (ie clubs going into administration)
 
Over the summer, a number of the owner's businesses went into receivership, leading to speculation they were going after Huddersfield next.

Dean Hoyle came back to the fore and stabilised the situation.

Not sure of the current status.
 
Wizaard said:
Over the summer, a number of the owner's businesses went into receivership, leading to speculation they were going after Huddersfield next.

Dean Hoyle came back to the fore and stabilised the situation.

Not sure of the current status.
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I believe Dean H wants to buy the chairman’s shares back to regain control. However, those shares have collapsed in price and the chairman is refusing to do business.
Then, add on top the complication of Huddersfield Council still being a major stakeholder which leaves ‘udders with empty pockets. Any incoming players will be loans.
Their fans are more pissed off than ours.
 
Sure I read somewhere that theyve approx 60million of debt and 30 odd million of that is to various banks. The rest to Hoyle I think.
 
Long-shanks said:
Sure I read somewhere that theyve approx 60million of debt and 30 odd million of that is to various banks. The rest to Hoyle I think.
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How is that even possible after being in the Premier League????

I know of a bloke Karl......I'll ask him..😁
 
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