Council suspend staff

[Spudulika]

Dodge, the FCC had full control of the company, GG's shares were all transferred, as per FCC order, to them. They had 2 options, keep 26% and sell on the rest, or sell on 100%, they had agreed for the former and then when everything was agreed and the investment going ahead, they handed their scapegoat letters of termination. The whole thing stank of political pandering and this latest statement is going to haunt them. The council were in full control of the club since before Christmas last.

[Schumi]

However, I assume the club itself had assets that have reverted to somebody's ownership (presumably the council, if they finished up 100% shareholders) and the players would have the right to petition for compensation from those.

What assets would the club have had? It had no ownership of Morton AFAIK and presumably had no money as they were missing wage payments. Are we talking about footballs and training equipment or is there something more substantial?

[Spudulika]

What assets would the club have had? It had no ownership of Morton AFAIK and presumably had no money as they were missing wage payments. Are we talking about footballs and training equipment or is there something more substantial?

Really? 1 was delayed, what others were missing?

Last I heard the contracted staff and players in sports clubs were counted as assets, sale value etc.

[El-Pietro]

Really? 1 was delayed, what others were missing?

Last I heard the contracted staff and players in sports clubs were counted as assets, sale value etc.

not when you don't pay them. not when you release them.

[Schumi]

Really? 1 was delayed, what others were missing?

Last I heard the contracted staff and players in sports clubs were counted as assets, sale value etc.

Fine, delayed wage payments then; there still must have been a lack of money. How much do you expect to get for the players?

[pineapple stu]

What players?