Thats it. It was administration we were in really. They put the name of the new company on the badge. Regardless of whether or not ir would been allowed today, the club survived as it started the 86 season with one company as its owner, and ended it owned by Gibson, Henderson, Moskowitz but retained its original league registration. Therefore same club with no disruption in continuity. It wasnt even a case of buying or transferring golden shares, they paid off all the debts and had to put up the league registration fee which was a new thing that year.