Sounds similar to Southampton back in 2009, when the Football League ruled that the two companies were inextricably linked. Despite the company owning the football club not going into administration, Southampton were deducted 10 points.
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Most liked posts in thread: Posh in trouble ? ?
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Stafford Bantam CaptainModerator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Hulmebantam and NorthernMonkey like this.
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Whether that impacts Posh in the same way is questionable and depends on the Group structure of their companies. A cursory look suggests that the two Posh companies which separately own the club and the ground are not part of the same Group ownership ... despite having the same shareholders. On the face of it, that's different to the Southamption situation. As in many of these cases, the devil is in the detail of the company structure. It probably explains why DMac is so relaxed with the situation.Bronco and Interested Bystander like this. -
Hulmebantam Squad PlayerP.L. 21/22 Entrant Supporter
Unless I am reading this incorrectly, the owner of the lender seeking repayment of the loan also part-owns the stadium? Interesting situation.
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MacAnthony tweeted this earlier :
Darragh MacAnthony
@DMAC102
Heads up Posh fans: Some news will come out today. FYI club is all good & fine. Nothing changes re club from the news. All will be excellent in time. Don't panic or speculate. Trust in me when I say that . 17 years allows me politely to ask that. Cheers.Bigrod likes this. -
NorthernMonkey Squad PlayerP.L. 20/21 Entrant P.L.23/24 Entrant Supporter
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Interested Bystander Important PlayerQatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020
They've just trousered another million after Toney's England appearance
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