Search results

The next 10 points are for exiting admin without a CVA, or at least one that the FL thinks is fair. In terms of when it has to happen the FL have said they have to exit admin before the end of this season as you can't start 2 seasons in admin - if they are still in admin after the end of the...

please tell me this is a typo and there's not a 3rd CCFC to further confuse things, my head hurts enough already!

isn't there a shop in town (Hannigans or something like that) that sells them. although assuming it's at the Ricoh I guess just pay on the night.

Didn't a club come out of admin paying something stupid like 0.2p in the £, that's the sort of thing we'll need to stand a chance of not ending back in the same mess. Does the administrator go back through the accounts and strip out any crap so if SISU have been up to something dodgy and paying...

the transfer windows not open so that won't be happening. what we need is for things to be wrapped up quickly so we don't lose anyone we may want to keep when it does open.

Doesn't the administrator have to make available a report detailing who is owed what? Could make interesting reading to see how they make up the £60m. Assume this is what ACL mean when they say they will be watching how the administrator operates. Anything dodgy and they'll be straight back in...

That will be the key here, you would suspect the league would have to be informed of any transfer of the golden share it which case it will be where they say it is. We then have to hope SISU haven't done something weird and wonderful to try and make it part of the holding co that the FL will see...

AVRO don't own Ryton do they, think they have a charge over it which is a form of security. I think the upshot of this is whoever buys the club out of admin has to pay an amount to AVRO to remove the charge however that doesn't mean they get the full amount owed. I believe the administrator can...

It was at the fans forum you're right. Said SISU had converted what they'd put into the club into equity but with no accounts or anything filed nobody could prove it one way or the other. CWR should dig out that clip and play it to him, see what his answer is now.

Think they took out a loan from Yorkshire Bank to pay the lease and when YB got a bit worried about the rent situation the council gave them a loan to pay of Yorkshire Bank so to answer your question I don't think ACL put any money in themselves.

I think they're saying basically they want an update / report in 6 weeks, if we're already in admin the points come off now.

I don't get it, how can ACL decide they want to take someone to court then say they want the person they're taking to court to pay for it???

so long as it's all sorted for the start of next season (wishful thinking?) then it won't really make too much difference to him. if we end up in a Pompey scenario where it drags on forever he'll probably be off anyway.

not wrong there, I know far more about football finance, company law and administration then I ever wanted to, what happened to just turning up at 3pm on a Saturday afternoon to watch a match?!

That seems a bit more arbitary, Pompey only have a 10pt deduction to come for that, sure others have had more. Is there any set range or do the FL just make up whatever they feel like?

As far as I'm aware from what's been happening down here with Pompey the administator has total control which makes it a bit odd that TF is the one making statements.

he hasn't said it's business as usual, I'm worried!

I can't really understand the rules on the FL website to be honest but it seems to me that any transfer of player registrations has to be logged with the FL. If this is the case then why would they allow the registrations to be moved away from the club if that is against the rules. Or are we...

Maybe they could loan them to ACL and they could start a team :p

so with all this with the player registrations and golden share do people feel SISU have made a spectalular cock up and put the wrong company into admin or are they going to pull some move nobody is expecting?