9 point deduction myth.

I don't believe that the points will be deducted if RBS call in the debt as it is the loan that has been defaulted on not the agreed payments to date. Default does not always mean insolvent. I have many clients who are asset rich but cash poor.
If the bank calls in your house over which it has a mortgage it does not always mean that you will be made bankrupt.
RBS will merely take control of the asset they have charged and then allow Broughton to complete the sale.
The only area of small concern is if the club is sold at a clearly undervalued price disadvantaging other creditors/shareholders there may be some flak but then RBS would have to deal with that as they controlled the sale. It would not be th clubs problem

Why do you call the possible deduction a "myth"??  It is not 

Its a myth perpetuated by the media show me where they FA have said we will be deducted 9 points or that RBS will put us into administration.

Why do you call the possible deduction a "myth"??  It is not 

But it is a myth

to be honest id rather us be put into admin now with all the sh*t them c*nts are putting us through just piss off you wa*kers if it means 9 points loss then so be it at least it gets rid off them

F**k me I give up.

Thanks to a combination of the Dallas injunction and the general negligence and incompetence of Broughton and that treacerous piece of scum Purslime it looks increasingly like administration and a nine point deduction.

Sprinkle in a generous dusting of Uncle Roy's magic and we look like prime relegation prospects.

Earlier today I thought the Mill Financial bid might just get us off the hook by avoiding administration but it seems even that was a forlorn hope.

Can't see Torres staying this summer and even Pepe has been making noises to Real.

At least when we're worth £50 SOS/Share Liverpool should be able to buy the club.

ADMINISTRATION DOES NOT NECESSARILLY MEAN POINTS DEDUCTION.The club is solvent and paying its bills do we actually want a 9 point deduction it would seem some would.RBS will not put us into Administration whilst there is a good chance of us being sold and getting all thier money back.

Thanks to a combination of the Dallas injunction and the general negligence and incompetence of Broughton and that treacerous piece of scum Purslime it looks increasingly like administration and a nine point deduction.

Have you read the Premier League rules regarding insolvency?

And the rules about when the 9point penalty can be waived?  I still think it extremely doubtful that under our circumstances administration would equal a penalty.

I'd take -9 points penalty and adminstration with a quick sale to NESV thant stay any more day with the tumors in charge, our squad is too good to be relegated and the penalty may make the players and Roy unite and get their act together so they avoid relegation

no 9 point deduction

no 9 point deduction

Hallefuckingluahhhhhhh someone has finally got it.

We've still got six points! YEE.....hmmm.... yeah... 

We'll be keeping whatever points we have it seems.

Happy days.