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Winding Up Order - EGM on 8th Feb?


nathan

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Actually there has been no change in ownership recently. The current structure has been in place for some time, but only recently has the decision been made to ditch the Norwich Union name in GB and make it more joined up in the whole of Europe. It's purely a rebranding exercise.

 

The Aviva name was an original term with no prior connotations chosen partly for it's appeal as a palindrome, that is a fact.

 

I checked -you're right. I dont know why I thought they were French.

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True' date=' but its less about the symtoms that caused the admin and more about teh consequences... same as Brighton whose ground was sold etc. I do think the consequences could be quite hideous....[/quote']

 

Agree with FC but rather than being about the symptoms of their administration, it's more about the economic environment we find ourselves in right now that is more important.

 

If we were to go into administration, no previous club would have had the perfect-storm combination of a) our debts, b) the frozen credit market c) a waining and divided fan base and d) the fact that we've already been in the shop window for the last several years without a buyer e) associated with d - no apparent sugar-daddy fan waiting in the wings.

 

Administration wouldn't be a walk in the park. And I don't believe there are any guarantees that a team going into administration right now would come out the other side.

 

Looking at the past and stating that it ( a club going out of business ) hasn't happened before ignores the unique economic climate we find ourselves in IMO.

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Whilst they're all off of my Christmas card list, trading the club, as we know it, for a few quid out of their collective pockets is pretty petty.

 

They have done it before before. £1 a share, I believe is what it cost them to make millions at our expense.

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