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Sorry yes you are right - however if the liquidated company goes down owing HMRC then the new (and connected) holding company starts to trade effectively as the old company did HMRC have the power to place restrictions on the new company ie payment of a deposit in advance against future taxes...

Thats very true BUT I think the important point is this - Getting the IP involved is not much different to appointing a mediator (which is what Sisu have been calling for all along) this gives the parties the chance to thrash out new deals going forward and giving the IP the power to say "well...

Usually the Licence to occupy is issued as a temporary measure to protect the company (ccfc) whilst the IP is trying to find the best deal for the creditors. I would imagine that the rent level would remain at the same level that is currently being PAID rather that what is being demanded by ACL...

The thing is that the NEWCO company (Coventry Holdings) could be issued with a "right to occupy licence" to remain in the Stadium by the Insolvency Practioner (IP) whilst the IP negoitiates with any prospective buyers who might like to buy the old companies assets for a price "free of debt". In...

"We will make the play-offs" Err I take that back as I am now not sure we stand any realistic chance as we are just not consistant enough when it comes to winning games when it really matters! Plus the lift I was given has just been deflated.

4 Days That could be about how much time we,ve got before either a deal is done or we go out of business! :(

Yoyo or what! We lose then we are down - We then win then we are Up - We then find out we could be going bust then we are down - now we have broken the pattern and we lose again so we are even further down! Who gives a shit about US! The Fans? Feels to me like no one gives a shit. :mad:

He (Tim Fisher) is probably at home listening to it on the radio thinking Fuck This -Ive had enough!

Also worth noting that Tim Fisher decided NOT to attend the game today! Nudge Nudge Wink Wink (Perhaps hes knows something?)

Will Sisu now throw in the towel as the season has taken a turn for the worse? A 10 point deduction now wouldnt make that much difference. This just could be the straw that breaks the camels back! :(

Well done Son!

14,280 3000 from Swindon

Brighton 3 Robins 1:p

Brighton 1 Mark Robins 0 :p

A draw is on the cards - and that would be an improvement against a decent Swindon side! 2-2 I reckon.

6-12 months to insolvency?............................. More like 6-12 days according to Tim Fishers interview this morning! YOUR RIGHT THIS NEEDS SORTING NOW (AND I MEAN IN THE NEXT 2 WEEKS):(

We brought in another player today on a free transfer.

If this situation is not sorted soon I can see us going down the same road as Luton Town. In my opinion the Council should rubber stamp the sale that was agreed to sell the stadium to Sisu last year - the Council should then get their money back from ACL and ACL can then piss off and run some...

We will make the play-offs ---but only if we dont get 10 points deducted if we go into admin. Listened to steve waggot on sky blue interactive and he is so up beat and positive its really given me a lift!

http://www.bbc.co.uk/sport/0/football/21628873 Leicester City owners have just bought back the King Power Stadium for £17 million so it now belongs to the Club. Surely this is the way forward for CCFC - Sell the stadium to Sisu and we can get on with things and move forward! I know all the...