A company that has no employees, & no assets sounds very dodgy to me...if it is a company that pays the rent (that's a new concept!)...someone has to be employed in some capacity in order to set the rent payment in motion. Or to operate as a company something must be produced or a service offered. If there are no assets or employees it sounds like money laundering is its trade.
A company that has no employees, & no assets sounds very dodgy to me...if it is a company that pays the rent (that's a new concept!)...someone has to be employed in some capacity in order to set the rent payment in motion. Or to operate as a company something must be produced or a service offered. If there are no assets or employees it sounds like money laundering is its trade.
I know what yo mean but I would rather just know good or bad and be done with it!
There are differences but it is the same trick - trying to get rid of creditors. CCFC hasn't been solvent in years, it doesn't matter what SISU's own finances are like. This is a drastic move, borne out of desperation - the situation is slipping away from SISU, and they know it
In the business world it happens all the time. You'll normally have a holding company that owns all the assets and operating companies underneath which are exposed to the risks of business.
If one of the businesses catches a cold somewhere it is closed down without affecting the other businesses.
A recent similar case I can think of, within coventry, is bemfield construction which was closed but the parent company remained unaffected.
Companies are allowed to fail - it is one of the perceived risks of being in business (well, unless you are a bank of course).
How this would affect a points deduction I have no idea.
never before have so many waited so long for one person to explain things in fecking english..... osb where are ya
Sounds to me if the plan is to play our home games in the Cayman Islands next season! Sounds like a good plan to me if we can get subsidized travel!
Yes in normal businesses this is fairly standard.
I don't think the football league will like it though its exactly what Leicester did in 2003.
Changes in punishment were made because of what Leicester did. I think we're cruising for a Luton-type outcome.
