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If you assign the lease you transfer or sell the existing lease to a third party eg CCFC H or PH4 (landlord has to approve the assignment but can not unreasonably withold that approval) If you disclaim the lease that's the same as saying it doesn't exist any more Mr Appleton doesn't have the...

only as far as implementation of the Football League rules on points deduction are concerned. Legally CCFC H are not in administration

I posted this on another thread but thought it might be useful to include separately "interesting articles on leases while in administration http://www.wrighthassall.co.uk/artic...dministration/ http://www.microscope.co.uk/feature/...property-lease seems to me that a landlord can be in the...

thats up to the administrator in respect of CCFC ltd BSB ........ can he structure a deal to sell ccfc ltd given that SISU are saying they control the club from CCFC H. Unless CCFC H can be sold too then I fear there is no new buyer

interesting articles on leases while in administration http://www.wrighthassall.co.uk/articles/2013/01/07/latest-forfeiture-leases-while-administration/ http://www.microscope.co.uk/feature/In-depth-How-to-exit-a-property-lease seems to me that a landlord can be in the hands of the...

It will be interesting to see how as leader of the Council she deals with CCFC. What demands she has of the club and how much she is prepared to back compromise. I might not agree with the report of her stance two years ago but I wish her luck in any attempts she makes at resolving the...

no stupot i do not think it is .... if it had been broken then the administrator would not have been involved in the process at all to get the 3 games done. in fact when Mr Appleton was appointed he stated that CCFC Ltd had assets including the lease If the lease were broken then also it...

Its the usual problem isnt it Timmy claims ACL wont talk to the company he is running which claims ownership of the share CCFCH and CCFC (the club) but doesnt own the lease at the Ricoh. He is in a situation where legally he has no rights at the stadium, no one is locking him out he simply has...

no apparently about it Suggest the directors had better read their own Directors Report which states amongst other things that it is the directors responsibility to - prepare financial statements in accordance with the law and regulations -under company law the directors must not approve...

I do wonder if CCFC Ltd actually had a bank account. It is not unusual for group situations that a central global bank account is used. It doesnt change which company has a legal liability for a debt or right to an income but it does mean the transactions are processed by one company...

Everyone keeps mentioning May 16th as if the administrator will suddenly reveal all. There is a very good chance that all Mr Appleton will say is that it is very confused or complicated and he needs more time to complete investigations

Got a feeling that the where the league messed up was registering contracts in CCFC H name instead of checking it carefully for the CCFC Ltd name. On the basis that CCFC Ltd was specifically formed to acquire the trade and run a professional football club known as Coventry City Football Club...

that is such a depressing thought cc4l

so how can TF & CCFC H be locked out when they have no lease to be there? The administrator is dealing with the lease which is in a company that is in administration or had you forgotten TF? Why would they start thinking of the fans now ....... the fans havent exactly been at the fore front...

Coventry City putting contingency plans in place for where it will play next season Coventry City Football Club (CCFC) has confirmed that it is putting contingency plans in place regarding where it will play next season. Tim Fisher, Chief Executive of CCFC said today: "The fact is that we...

The question was put to Trust reps at an official face to face meeting with Fisher & Waggott.

Good analysis skybluesquirrel:wave:

can we be clear on something ............. the ccc have sourced money from the Public works Loans to support a landlord (ACL) that they own 50% of. That in reality does not directly affect the tenants of ACL, other than to provide stability. The rental levels for the tenants remain unchanged and...

I think the way it was set up was that SISU off balance sheet agreed to fund the payment of the discounted creditors via SBS&L. The discounted creditors figure is the same as the goodwill purchased in SBS&L. That discounted amount included 6m that related to robinson etc and was only to be paid...

Robinson & McGinnity were part of the creditors retained but their debt disappeared when we were not promoted to premiership in 2013 - my understanding is that amounted to 6m w/o in the 2011 accounts as goodwill write dpwn