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I think what it means is that say there is £100k in the bank account then that is frozen as of today and remains that way until the court gives final judgement............ but if money comes in tomorrow say £50k then that isnt covered by the order and is not frozen

details of what a third party debtor order is and proceedures are here http://www.mylawyer.co.uk/third-party-debt-orders-a-A76076D76681/

wouldnt work because the League share is owned by CCFC and not transferrable .................... the charges are specific to particular income or funds held by 3rd parties, it doesnt imply that ACL control CCFC in any sense ...... they only control how those particular funds are applied.

would not have thought it would affect it............. it is still CCFC's income they just dont have control as to where they apply those funds

You know what there really shouldnt need to be a choice............... there is and always was a deal to be done if it was only about providing a financially viable CCFC with a fairly priced stadium to play in ......... greed ego and love of money has has got in the way and brought us to todays...

got following choices really chiefdave - sell at hugely discounted rate and probably write off most or all of money owed to them - wind up and walk away - wind up take the assets there are and do a pheonix club. Thereby breaking any existing contracts for rent etc. Arrive at football debt...

it could yes ............... but that decision is up to SISU really as to whether they put extra funds in to cover it. Makes things awkward but not impossible ........ means that expected cashflow wont come to the club (it is ACL's to claim from the bank or debtor and the bank or debtor is...

interview from this morning with Moxley7:10, Fisher 8:05, Councillor Kelly 8:40 and PWKH 8:45is on the CWR listen again section * edit to Moxley name and time - cheers JG

Hate to add to the bad news but Two of those Third Party Debtor Orders could have further consequences - the one served on the bank could mean that the bank account is frozen by the bank. That means money can go in but bills wont get paid ....... bills like wages and HMRC - the one served...

anyone got the details of this 24m claim.............. not heard either side mention it so far only this reference to Neil Moxey. Seems somewhat out of skew with the financial information we have so far

Think what actually happened Otis was that the directors from ACL that were there had the power and authority to agree a deal where as the 3 directors from CCFC were assumed to have the authority and it turned out only the "owner", who was not there, could agree any deal. So you are probably...

TF also agreed the club was "stuffed" irrespective of the rent .............. think the guy on CWR caught him on the hop with that

I would guess some sort of charge over income sources much like an attachment to earnings, how else do they get hold of money from CCFC ? cant seize assets because they are all charged................... but restricting trading could mean locking the doors. I dont think we will have to wait...

This from Cllr Kevin Foster ( http://www.coventrycity-mad.co.uk/news/tmnw/necessary_to_take_some_temporary_pain__foster_783367/index.shtml ) City Conservative Councillor On Ricoh/City latest Coventry City Conservative Councillor Kevin Foster has tweeted that there will be short term pain for...

errr it is 400K per year or 33.3k per month or about £16k per game ................ btw each game with average crowds of 11000 brings in £140k in ticket sales net of VAT on average hardly killing the club

well clearly torch he has just proven he cant be believed from one week to the next

So basically it was the owners they couldnt assure him of meeting his demands (where have we heard that before?) and Councils fault because they dont support the club by letting them use the stadium for nothing (not that it is just a council decision of course) that he jumped ship for more...

SBT when looking at next year FFP you have to build in a couple of things extra into the equation assuming we are still in L1 - the %age of turnover is lower - turnover is likley to be lower - unlikely to have large value sales in the summer ala Keogh and Bigirimana - we have a number of...

From what i understand the meetings to discuss this were arranged well in advance of Robbins going and took place before MR decided to go. So this statement etc would have happened had he stayed. No significance in it being today at all ............ other than it being Thursday

just my thoughts and opinions, before some smart alec says it is all conjecture and we all know nothing Ok on the basis that ACL wouldnt comment in this manner without checking it with the legal beagles...... There are of course two or more sides to every story ........... but I have had...