Football League meets tomorrow (Wednesday 5 th) (9 Viewers)

Broken Hearted Sky Blue

Well-Known Member
almost an exact quote from the FL website :facepalm:
We are in the process of changing our rule book to allow five families in New York to be able to take over after all a family absed in Mayfair have done a woderfull job they have already passed the fit and proper persons test
 

stupot07

Well-Known Member
Is it not the time of year when all clubs have to convince the league of their financial viability to complete the season .Portsmouth managed to convince them .....Somehow.

True, but I expect they will give the club until the 11th hour to prove that.
 
With Portsmouth the former owner was actually someone who had loaded the club, under a previous owner, money and had ended up taking ownership when there was a default on the loan. The big issue was that there was a charge over the ground (similar to the Arvo charge I guess) and the administrator had to get court approval to sell at a price that would be lower than that charge.

So similar then?
 

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