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we will still get any points deduction, it will be the same scenario as Southampton.

the rules for going into admin are quite clear, it has to happen before March 28th or the -10 is applied next season. the grey area is with points deductions (i believe -15) for coming out of admin without a CVA. However in practical terms you can't start 2 seasons in admin, you lose your golden...

think -10 is the least of our problems. SISU are likley to be the biggest creditor and if they don't agree a CVA we're looking at -25, that's of course assuming the administrator can find a buyer. if not we're looking at liquidation. the language ACL are using regarding a new buyer doesn't fill...

good chance we'll find out soon exactly how much when the administrator comes in and declares who's owed what. if SISU have but in that much and it still showing as owed to them we could have a major problem. they will be by far the biggest creditor and can therefore block any CVA. if we come...

The point about the CVA could be a key one. If SISU are the major creditor could they not block acceptance of any proposed CVA?

We better hope ACL have something lined up or we could be in a real mess. Even if they do have something I can see it being difficult to get in front of a judge before the March 28 cut off for the points deduction.

This isn't a deduction for entering admin, it's for coming out of admin without a acceptable CVA and therefore will take effect when they come out of admin. FL have said they have to come out of admin this season or they're kicked out. The grey area is that there's no actual rule for this so...

May be wrong here but didn't the council put under £20m of their own money into the Ricoh then sell the lease to ACL for £40m? Seems a pretty decent profit to me. If you then add in that ACL were charging CCFC more all less the whole cost of repaying the lease it seems like they were onto a...

problem with that is it's very tight to the deadline for getting the 10 points taken off this season. deadline is March 28th and it could be weeks before this actually comes to court. Other danger is administrator looks and says there's no way this can ever be a viable business and liquidates...

I can't see how this avoids liquidation. It avoids SISU doing it any day they feel like but surely a judge is going to look at CCFC and put is into admin, can't see that not happening. From there isn't liquidation a real threat? If the admistratior can't see a way to sell CCFC on as a viable...

my understanding (based purely on what's been going on down here at Portsmouth) is ACL have made the application and they can therefore propose an administrator, SISU can object and / or propose an alternative administrator or the court can appoint anyone else they feel like. I can't see how any...

Hoffman's got his pound coin out again! ACL seem to be playing games here, hope it doesn't all backfire. Surely if they had a buyer they should have put it to SISU (assuming they haven't), can't imagine SISU don't want to exit if they can. If they haven't then it looks like they're trying to...

Another huge event ACL have got for the Ricoh :p

it's never dull supporting City!

I wonder what route they'll take on this. It's always seemed a bit suspect to me that some of those on the board of CCFC deciding what was an acceptable rent were also on the board of ACL. That has to be a conflict of interest so that could be one avenue they're looking at or if they're just...

I get that but Ainsworth was saying if they get to see ACLs they should open up their own but wasn't clear if he means CCFC or SISU. To be honest either seems fairly pointless!

from the radio it sounds like we've run out of steam a bit in the second half. time to make a change.

Does he mean the clubs books or SISU? If it's the club I can't see why they'd object, they're just going to show they're losing loads. If he means SISU that's pretty pointless as it's not really them that owns us it's an investment fund and I'm not sure what having access to that would prove (is...

Bring on Bell, that'll sort them out!

Noel Whelan!