sky blue zam
Member
i have probably missed something here but was last weeks point deduction just for the cva being rejected? have we actually left administration and if so have we actually gone into liquidation
If sisu don't liquidate Ltd. but just leave them in admin, does that mean another points deduction next season for starting 2 seasons in admin?We have not left Admin so far as I am aware but the transfer embargo has been lifted.
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nope, Ltd is no more in the eyes of the FL. They see CCFC as Otium now, only messing with Otium will cause futher points deductions, so we are safe until they liquidate Otium in 4 years when they dont come back to Cov and start a new company
It has been started by the fl that for the purposes of football we are out of administration.
In reality we aren't out of administration. I wonder if according to the fl view of the world we are playing in Coventry for the purposes of football.
Evidently reality and the fl are yet to meet
nope, Ltd is no more in the eyes of the FL. They see CCFC as Otium now, only messing with Otium will cause futher points deductions, so we are safe until they liquidate Otium in 4 years when they dont come back to Cov and start a new company
Who have they given the share to? they should give it to holdings shouldn't they as they claim to own the player contracts. Using the logic SISU applied to Ltd if they've given the share to Otium they can't field a team as they don't have any players.
That's actually a bloody good point.
They have given it to Otium as Otium own CCFC Ltd. But CCFC Ltd is no more, so do Otium have a share and nothing else? Will we have to move the players into Otium?
That's actually a bloody good point.
They have given it to Otium as Otium own CCFC Ltd. But CCFC Ltd is no more, so do Otium have a share and nothing else? Will we have to move the players into Otium?
They transferred both Holdings & Ltd to Otium ages ago - was I the only one to see this?
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