Going down, out or both?

01/04/2009 | By More

This is all about a soccer trade. For some time I have been watching the odds on Southampton being relegated from the Championship. Southampton have been in a precarious financial position for some time and I fully expected them to fall foul of the league rule that says you will be deducted 10 points if your club goes into administration (goes out of business).

Today Southampton went into administration which should have meant almost certain relegation as I predicted months ago. However there is some confusion about whether the points deduction will take place as it seems the holding company has been put into administration but not the club itself?

They are still 1.40 odd to back for relegation but I can’t tell you any longer if that’s strictly value. Given Southamptons predicament though it looks quite likely they will be relegated anyhow, with or without the points deduction. You can read some of the discussion around the points deduction here. There may still be a decent opportunity to hand.

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Category: Using Bet Angel

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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