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Anyone know how long before ACL have to approve or reject the CVA ? (1 Viewer)

  • Thread starter ccfcway
  • Start date Jul 8, 2013
Forums New posts

ccfcway

Well-Known Member
  • Jul 8, 2013
  • #1
? .
 

Evo1883

Well-Known Member
  • Jul 8, 2013
  • #2
i would imagine within the next 20-25 days as the season will start
 
S

SkyBluePG9

New Member
  • Jul 8, 2013
  • #3
Creditors meeting is 22nd July. If ACL agree to the CVA then there's a 28-day cooling off period. That makes 19th August the earliest we can come out of administration through a CVA.
 
Q

quinn1971

Well-Known Member
  • Jul 8, 2013
  • #4
SkyBluePG9 said:
Creditors meeting is 22nd July. If ACL agree to the CVA then there's a 28-day cooling off period. That makes 19th August the earliest we can come out of administration through a CVA.
Click to expand...

Apologies if this has been asked before but is there anything that can stop us playing at sixfields now.ie if we don't come out of administration with a cva ?
 

ccfcway

Well-Known Member
  • Jul 8, 2013
  • #5
and if they dont agree, they liquidate the part of the club that nowt is in, ACL lose £500k and CCFC get a points deduction, that correct ?
 
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