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If we get a new sponsor

I think Fleck was free too, but did we give them a sell on clause to sweeten the deal ?

I was under the impression that the golden share and player registrations were with ccfc, but the player contracts were with holdings...all very confusing :thinking about:

SISU could yet be more vindictive sadly. They could yet vote against a CVA for us to come out of administration. Without an agreement, one would have to be forced through using statutory powers, meaning penalty points for ccfc next season.

I still love CCFC, but have no love for SISU, who it appears will screw over anyone in their quest to make money...local council, local charities and even IMHO Cov fans themselves.

Agreed...been done by us of course in the past. Were we not nicknamed the bantams and used to play in white ?

Absolutely Crystal

IIRC, the administrators substantial fees are distributed from the proceeds of any offer made for the company in admin, before any distribution to creditors

who is paying the appeal costs, sisu or ccfc. costs are incurred, win, lose or draw

ACL's lawyer said they had assurances in writing at court on tuesday...is that not good enough ?

Fair enough my friend...thanks for the additional info and correcting my error...it's like a bleedin' jigsaw puzzle trying to get to the facts with ccfc - shouldnt be this difficult

It was mentioned during the CET podcast from court on tuesday...ACL's lawyers said they were grateful that the FA and FL had got back to them so quickly confirming that the GS was with ccfc ltd

Really ?? Wow. Did i read someone on SBT mention about the dangers of 3rd party ownership ?

IIRC, The golden share has no monetary value and cannot be bought and sold Yes, the FL and FA both have stated to ACL's lawyers that their golden shares are with ccfc ltd

The players and the golden share (GS) should be in the same company. As the FL has said the GS is in ccfc ltd, so should the players contracts

Agreed BSB...dont hold your breath oldskyblue58 - there's a huge vacuum behind psgm1's big mouth...you'll be waiting for intelligent reasoning for some while

Yes anyone who enters admin AFTER us ;)

They haven't transferred it though, according to FL and FA...it's not a tangible item

...or they didnt actually do it, and lied to us (again)

Well actually, it seems it never was transferred to ccfch....SISU just told us us it had (by implication)...seems they were telling fibs again !