kenada_blue
Welcome to Barcelonaton FC
Newcastle hasnt gone tits up tho. Everybody thinks takeovers are EVIL and I admit some of are not great, but even Ashley at Newcastle paid all the debts off and is selling the Club at a loss. Hardly a bad thing.
As you say, its mainly down to bad management that clubs get screwed.
Yeah, they aint gone tits up but as a "big club" they're now going to struggle in the championship. It aint administration but its not what any club wants.