Blackpool

And probably wouldn't have any impact on the club itself. It's an argument between a current and former shareholder of the club and the current shareholder (Oysten) not doing what the court instructed him to do over 12 months ago. It has no bearing on the club at the mo and from my reading of the EFL regs, doesn't meet the criteria for a points deduction from the EFL.

 

There's been a lot of posturing and threats going on for a long time. Let's see how it plays out.

 

That's how I see it as well. However, in the process of 'collecting' the funds, to settle Owen Oyston's debt, the Court appointed Receiver could drag Blackpool FC into it, so there is a high level of uncertainty on how such a move could play out.

 

Oysten may or may not be able to settle the debts but that is his personal issue and not the club's. If he can't afford to pay the debt, he may in extremis have to declare himself bankrupt since the debt is his and not the club's.

 

I suspect it's people associated with the club getting a little panicky because this is a very unusual situation. Oysten is a loose cannon but he does have fingers in lots of businesses, not just Blackpool. If it gets to point at which the Court Receiver has to extract £25m from Oysten's grubby mitts, I suspect there'll be easier and better ways than liquidating the football club to raise the money!

 

Interesting assumption. It could well be that.... or it could be that I got a promotion at work at the end of November, or perhaps it's that I now have a 9 week old daughter as well as a 4 year old to keep me busy. Perhaps it's even a combination of both.

Regarding Blackpool, I would imagine that they'd wait until nearer the end of the season if administration is on the cards. That way they could decide whether to take the 12 point hit this season (if they were safe from relegation) or next.