Chicago Addick living in Bermuda
Tuesday 26 January 2010
  Whose laughing now? I am inclined to be a tiny bit reticent over Palarse's move into administration and their 10 point deduction *takes deep breath*


Sorry, am just trying to pull myself together. Be with you in a minute.... *wipes tear from eye*


Right, I'm back. A whole host of clubs, and their supporters will be looking at this news and be thinking to themselves "are we next?" Us included but then again not many football club's have such an obnoxious prick as a chairman.

It is with interest that this news comes hot on the heels of it being revealed that they owe us £100,000 for the outstanding Paddy McCarthy fee, but I understand that in the long line of creditors football debts will be paid first. That of course is no consolation for local businesses or Jordan's Upper Norwood hair stylist. Perhaps we can have their young goalscoring midfield-dynamo in return, you know.... Darren whatshisname?

It with a certain sense of good old British irony that on the day the UK announces it has come out of recession, once one of Tony Blair's 'Cool Brittania's' brigade faces the indignation of administration.

What will happen now is that Palarse will be at the beck and call of any potential buyers trying to pick them up for nothing, whilst the administrators from a huge position of weakness try to cash in on any saleable assets that have, such as Victor Moses. For the majority of clubs though, their most sizeable and most unrealised asset is their inner city football stadium. Selhurst Park however is owned by PwC.

I don't want to see Palarse disappear (or any club for that matter), it is much more fun having them around, my only concern is that we might not ever see Simon Jordan's enraged orange head again in football circles and that will be a traversity to anyone who likes a bloody good laugh. Sha-la-la-la-la-la-la. 
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After living in Chicago for four and a half years, I moved to the beautiful if bewildering island of Bermuda in July 2008. This blog is about being an exiled and depressed Charlton Athletic fan and whatever else the day brings.
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