Search results

The thing about the value of the players on the books in the Administrator's document? That was your 'evidence'? I'd like to know how you drew from that, that FLB was wrong. So then, since you've worked it out, does that sum represent the value of a single player at the club, or four players...

The difference is that it would take about two seconds of research to realise that you were a clueless oaf regarding brain surgery, and perhaps other things too. However, rather than try to criticise FLB's blog by challenging the facts stated on it, you choose to challenge the motives of the...

Agreed. An unnecessary one too, I'd argue. Just mho, as ever, and I quite liked Pressley up to this point. But this, I don't care for...

He was about as poor as everyone else that I saw. But the fans have to have someone to blame. Regardless, why treat someone so shabbily when it's entirely unnecessary and you might actually need them at some point in the future. You're paying their wages, so you might as well try to figure...

If you need to send players to train somewhere else, then you're not much of a man manager in my book. They're professionals - any number of times in a senior player's career he falls out of favour with a manager, most just roll their sleeves up and get on with it, and hope to force their way...

I don't think it's even that cut & dried. There's all of the legal and voting stuff surrounding the Administration, and the FL who are yet to approve the preferred bidder. Who can really know how this ends... but it'll be messy I suspect!

It's not lost business though - the lease is an absolute contractual obligation. The CVA should propose how the business will move forward, and if that doesn't suit the creditors I think they can either block it, or challenge the Administrator's decision in court if they feel it's unfairly...

With respect, says who? Financially ACL are clearly better off going for a bidder who doesn't intend to move away from the Ricoh.

Probably not, except there's no such thing. There may be other routes out of admin, but it's the Administrator's first duty to save the company as a going concern. Could it be that this forces him to consider an alternative?

The doctor says it's 50/50, but there's only a ten percent chance of that. ;) Anyway CJ, any news from the FL? Hope springs eternal.

This is down to the unconnected creditors rule. SISU/Otium are connected creditors because they are linked companies, so even though they've somehow managed to lard £60m of debt onto a non-trading subsiduary, they don't get the final say on the CVA because ACL are the main unconnected...

Just my opinion, but these cuts look more about reducing the wage bill than removing dead wood (with the possible exception of Clarke, unless he signed a new contract last season?). Such is life, I suppose. I appreciate we need to pay within our means, but I do wonder at the logic of cutting...

Great blog post, many thanks. It does rather make one wonder about the competence of the Footbal League. I've seen a number of posters here who when asking questions of the FL are simply directed back to their published rules. Like you say, it's pretty difficult to know whether SISU/Otium...

Always good to have a lawyer on board, but isn't this exactly what Fisher is talking about in his letter? A transfer from Holdings to Otium. "The purpose of this letter is to let you know that it is accordingly intended that your contract of employment will transfer to Otium, which is the...

Hmm. There is a lot of legislation around TUPE, particularly with regard to consultation. Off the top of my head, I don't think this letter covers it properly, but there may be more to come. In particular there's something about the right to consultation that sticks in my mind, there's a...

Take your point, but an employer can't sack you for asking about details regarding your employment. That really would get them in front of a tribunal!

If he works for CCFC Ltd, then very dodgy I would think, given it's under the control of the Administrator. If he thought he worked for Ltd, then I'd ask them to provide evidence that he doesn't - contract of employment might be a start. If already a Holdings employee, probably not much to be...

Erm... Brendan Guilfoyle would have been ACL's Administrator, iirc, but I don't think he's their lawyer. As for the other stuff - no CVA required if paid in full, only three years rent required if lease broken etc. etc., politely, where are your sources? I've shared my research where I can...

Lord, talk about someone seeing what they want to see in an email. Otium might fail the FL test, but how he's drawn that they will fail from that email beats me. As for the exit from Admin, for Otium/SISU to win through they'll have to jump all of these three hurdles: 1) To exit via a CVA...

The chap in question is saying he'll have the email uploaded in the next hour... the tension builds ;)