Golden share (1 Viewer)
- Thread starter pb2875
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Jack Griffin
Guest
Quick shuftie at Companies House
Mmmmmm... no changes to their registered offices.
For completeness
Mmmmmm... no changes to their registered offices.
For completeness
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skyblue2k
Guest
It could have if the company registration number for CCFCH is held by the league and registered against the golden share?
But then who knows its not like anyone is telling us anything
But then who knows its not like anyone is telling us anything
Coventry City Football Club (Holdings) Limited was incorporated in 1907 as COVENTRY CITY FOOTBALL CLUB LIMITED(THE) and the name change came in 1996, and it has been the trading arm of the club since it was formed over a century ago as far as I am aware. Not sure why the Golden Share wouldn't be with this company, but hey, what do I know.
Coventry City Football Club Limited was only incorporated in 1995.
In other words, Coventry City Football Club (Holdings) Ltd is by far the older company, and is actually the original company.
Maybe, this is where the confusion is, the league saying the share is with COVENTRY CITY FOOTBALL CLUB LIMITED(THE) which is actually CCFC Holdings, not CCFC Ltd.
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J
Jack Griffin
Guest
Yes it would, a sodding great sabot!
Bluegloucester
New Member
You are missing the point that the golden share was issued in 2001, years after the name change. It was issued to CCFC LTD.
J
Jack Griffin
Guest
that despanners the works.
Never knew it was that recent, so yeah, it might not be the case then.
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Bluegloucester
New Member
it was issued when we were relegated from the prem.
J
Jack Griffin
Guest
That story is factually incorrect.
ryb1983ccfc
New Member
J
Jack Griffin
Guest
Thank you, I must remember to sue my rhinoplasty practitioner next time I see him.
deanocity3
New Member
Having read about the golden share,Plymouth lost their's and the FL gave it them back when new owners took over.
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skyblue2k
Guest
But the golden share would have existed prior to the formation of the premier league, but what about the FA registration? Surely that is in the original companies name?
Hence why I think the club genuinely believe the GS lies with CCFC Holdings. I can't see why they would state that publicly if they didn't have good reason to. I think the confusion over this is genuine and it is not clear-cut, it's certainly fuzzy enough for the administrator to state they need to 'investigate'. Not sure we've heard the last of this.
italiahorse
Well-Known Member
"I believe everything. And l believe nothing. I suspect everyone. And l suspect no one. I gather the facts, examine the clues... and before you know it, the case is solved!"
TheHellion
New Member
Would it though? Remember the Premier League was formed of clubs breaking away from the Football League in 1992 forming their own league. In that case, we probably wouldn't have had a share in the Football League because we didn't become members again until 2001. Surely that would have been when our share was issued?
Clear as mud isn't it? Just a horrible situation all round, confusing even those who are supposed to be experts.
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skyblue2k
Guest
Yes but we would have been registered members of the league?
TheHellion
New Member
To be honest, you could see both of those points being right. Our share may well have existed anyway because we'd been in the League. But I just wondered if because we were founder members of the Premier League (which is an entity of it's own and seperate from the Football League) that our share may well have been taken until such a time we rejoined it (in 2001). You could be right, you could be wrong. It's such a complex situation it's just impossible to know for sure.
coundonskyblue
New Member
Original company being Singers FC Ltd?
The name of the company issued to is irrelevent. Its the company registration number that it is issued to is the crux of the matter.
CCFC Ltd 1995 (the one in admin) will have a different registration number to CCFC Ltd 1907 (now CCFC Holdings).
They could change the company name to MUFC Ltd for all the league care, but it still belongs to the same company they issued it to.
WestEndAgro
Well-Known Member
Guessing you thought it said Golden Shower, I think you may be on the wrong type of wbsite Macca lol
IanfromDoncaster
New Member
I don't get why it is unclear who holds this golden share - surely the FL will have a documented record of a company name?
From the outside, it looks like somehow the club has spilt with one half having the stadium lease and the FL share, and the other the player registration. It also looks like this may have happened without the knowledge of the FL which could mean that Coventry has technically been using unregistered players.
Now this is all perhaps a misunderstanding, and I may be wrong, but if there has been a deliberate attempt to outwit the FL to avoid administration points docking, then a serious penalty could follow.
I am not saying this should happen, nor as a fan of your next opposition would I want it to, but what I really don't get is why the facts seem so difficult to establish?
You, the fans of CCFC have my sympathy. The situation only briefly affects DRFC in passing but is with you until resolution. I hope we can play on Friday and at the Ricoh, and let the wider situation be resolved off pitch.
From the outside, it looks like somehow the club has spilt with one half having the stadium lease and the FL share, and the other the player registration. It also looks like this may have happened without the knowledge of the FL which could mean that Coventry has technically been using unregistered players.
Now this is all perhaps a misunderstanding, and I may be wrong, but if there has been a deliberate attempt to outwit the FL to avoid administration points docking, then a serious penalty could follow.
I am not saying this should happen, nor as a fan of your next opposition would I want it to, but what I really don't get is why the facts seem so difficult to establish?
You, the fans of CCFC have my sympathy. The situation only briefly affects DRFC in passing but is with you until resolution. I hope we can play on Friday and at the Ricoh, and let the wider situation be resolved off pitch.
coundonskyblue
New Member
I said on another post that I think this also shows the league in a bad light.
You would think the league would have all this info on a database where it would take them 5 minutes to check it.
IanfromDoncaster
New Member
I agree, especially if the correct company registration numbers are recorded.
It would be better if the facts were known, even if the details made for unpalatable reading..
The 'split' wasn't recent. CCFC Holdings has existed since 1907 and would have held the original share. CCFC Ltd was formed in 1995, but CCFC Holdings has continued to be the trading company and it is difficult to understand why the GS is with CCFC Ltd as ACL believe (and the FL have apparently confirmed). It was suggested earlier the confusion may be about the original name of CCFC Holdings which was CCFC Ltd (The). Who knows, but others claim in 2001 the share was reissued to CCFC Ltd. No idea. As Coundon says though, it is the company reg number that is the important factor, and this must surely be documented.
Either way, I don't think there is anything sinister here.
hutch1972
Well-Known Member
How absent minded of them !, at least we know ours is in one of 2 places.
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skyblue2k
Guest
This is what I posted at the start of this thread and is what I believe is causing the holdup.
