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its liquidation (1 Viewer)

  • Thread starter skybluesam66
  • Start date Aug 2, 2013
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procdoc

Well-Known Member
  • Aug 2, 2013
  • #71
covcity4life said:
well said

its crazy how many so called ccfc fans didnt want the club to have any viable income streams

they are celebrating today no doubt.
Click to expand...

you're a fucking idiot. No one is celebrating you daft twat. Get off your high horse you fucking know it all
 
B

beduth

New Member
  • Aug 2, 2013
  • #72
Will the last one out please turn off the lights .
 

SkyBlue_Bear83

Well-Known Member
  • Aug 2, 2013
  • #73
BigMarkLeonard said:
Everyone is talking about a 15 point deduction?

Surely this is a penalty for entering administration, whereas liquidation actually means bye bye Coventry City as a legal entity and has far more serious repercussions?
Click to expand...
I don't think so as only CCFC Ltd are being liquidated I think, the company which owns the players and staff contracts are still here
 
B

beduth

New Member
  • Aug 2, 2013
  • #74
BigMarkLeonard said:
Everyone is talking about a 15 point deduction?

Surely this is a penalty for entering administration, whereas liquidation actually means bye bye Coventry City as a legal entity and has far more serious repercussions?
Click to expand...
Could be upto 30 points yet .
 

Houchens Head

Fairly well known member from Malvern
  • Aug 2, 2013
  • #75
Report on Sky News in a few minutes.......
 

ccfcway

Well-Known Member
  • Aug 2, 2013
  • #76
BigMarkLeonard said:
Everyone is talking about a 15 point deduction?

Surely this is a penalty for entering administration, whereas liquidation actually means bye bye Coventry City as a legal entity and has far more serious repercussions?
Click to expand...

as mentioned on the other thread, SSN are reporting it could be up to 30
 
A

Ashdown1

New Member
  • Aug 2, 2013
  • #77
Still not entirely sure where this leaves us apart from not in a good place. If CCFC have been liquidated though, who are the team to play at Sixfields exactly, SISU Cobblers FC ?
This has to crumble to nothing now surely? No -one can support that shit. I'm convinced this is the end game SISU wanted, a scenario where it looks like to some that other entities have destroyed the club and they'll walk away with less bad publicity. They've also managed to spitefully destroy all of ACL's existing contracts with F & B providers etc.
 

blueflint

Well-Known Member
  • Aug 2, 2013
  • #78
covcity4life said:
fuck the council for putting us into admin when we on course for playoffs,and dont give me that tim threatened liquadation shit!

and fuck sisu for not taking rent agreement, spiteful bastards
Click to expand...

tosser SISU put us into admin dont blame anyone else they should stand by their actions
 
B

BigMarkLeonard

New Member
  • Aug 2, 2013
  • #79
CCFC said:
I don't think so as only CCFC Ltd are being liquidated I think, the company which owns the players and staff contracts are still here
Click to expand...

So the assets have already been sold.

But who owns the 'golden share'?

Coventry City, surely? If that entity ceases to exist, so does their League Membership?
 

DazzleTommyDazzle

Well-Known Member
  • Aug 2, 2013
  • #80
ccfcway said:
as mentioned on the other thread, SSN are reporting it could be up to 30
Click to expand...

The ironic thing is that if the FL had had the guts to follow their own rules and tell SISU to play in Coventry (i.e. at the Ricoh), then in all probability the CVA would have been signed and there would be no further points deduction to discuss!
 

deanocity3

New Member
  • Aug 2, 2013
  • #81
FL owns GS but will give it to Otium
 

Sky Blues

Active Member
  • Aug 2, 2013
  • #82
Anyone else just feeling numb?
 

The Reverend Skyblue

Well-Known Member
  • Aug 2, 2013
  • #83
covcity4life said:
on the source rev? no doubt today is a win for you.

Click to expand...

prove what you said you prat and stop changing the subject.
 

McLovin87

Well-Known Member
  • Aug 2, 2013
  • #84
Very strange feeling, sadness, anger, apprehension just can't put my finger on it.
 
A

Ashdown1

New Member
  • Aug 2, 2013
  • #85
deanocity3 said:
FL owns GS but will give it to Otium
Click to expand...

Why don't they sell it to someone else ? Why destroy whats left of the club?
 
B

Bortho02

New Member
  • Aug 2, 2013
  • #86
How can the FL deduct 30points, essentially they've sanctioned the liquidation by allowing the groundshare. Firmly believe the CVA would have been signed if an agreement had been made to play at the Ricoh.
 
H

Hugh Jarse

Well-Known Member
  • Aug 2, 2013
  • #87
ccfcway said:
as mentioned on the other thread, SSN are reporting it could be up to 30
Click to expand...

If that's the case, let's have this season off as gardening leave and start again in the Conference in the 14/15 season!
 

deanocity3

New Member
  • Aug 2, 2013
  • #88
Ashdown1 said:
Why don't they sell it to someone else ? Why destroy whats left of the club?
Click to expand...

all they want is the fixtures honoured
 
A

Ashdown1

New Member
  • Aug 2, 2013
  • #89
I doubt they will be now !!
 

James Smith

Well-Known Member
  • Aug 2, 2013
  • #90
maxweller said:
My biggest fear has happened, I hope that some good can come of this!!!
15 points deducted, and where do we play our home games?
WHAT A MESS
Click to expand...

So we're homeless* and SISU will actually have to build the White Elephant Stadium or just keep issuing legal proceedings against all and sundry in the hope something sticks.

*Doubt ACL will ever let us back in now whilst SISU are at the helm.
 
Last edited: Aug 2, 2013

The Penguin

Well-Known Member
  • Aug 2, 2013
  • #91
hill83 said:
Should we play 4-4-2 or 3-4-3 this season?
Click to expand...

I say bring back the 2-3-5.

We're gonna get relegated, might as well do it with some style and panache!
 
A

Ashdown1

New Member
  • Aug 2, 2013
  • #92
Hugh Jarse said:
If that's the case, let's have this season off as gardening leave and start again in the Conference in the 14/15 season!
Click to expand...

With a team of kids we'll be lucky to amass 30 points all season !
 
B

Brighton Sky Blue

Well-Known Member
  • Aug 2, 2013
  • #93
That the League would have the audacity to deduct any points let alone 30 is an outrage in itself. They pull the stops out for the likes of Portsmouth but stand by and do nothing except punish ourselves-they should all hang their heads in shame, the lot of them.
 

deanocity3

New Member
  • Aug 2, 2013
  • #94
someone on twitter has put oggy would be turning in his grave ?
 
H

Hugh Jarse

Well-Known Member
  • Aug 2, 2013
  • #95
Houchens Head said:
Report on Sky News in a few minutes.......
Click to expand...

The 11.30 headlines were about Soldado to Spurs, some new guy for Swansea scoring twice on his debut and the Ashes. Obviously, little ole City don't merit a mention!
 

Houchens Head

Fairly well known member from Malvern
  • Aug 2, 2013
  • #96
hill83 said:
Should we play 4-4-2 or 3-4-3 this season?
Click to expand...

The "Christmas Tree"!
 

Grendel

Well-Known Member
  • Aug 2, 2013
  • #97
Brighton Sky Blue said:
That the League would have the audacity to deduct any points let alone 30 is an outrage in itself. They pull the stops out for the likes of Portsmouth but stand by and do nothing except punish ourselves-they should all hang their heads in shame, the lot of them.
Click to expand...

They have helped the club -- they have sanctioned an alternate ground. Portsmouth exited the administration process correctly. The council have decided that will not happen in our case.
 
S

Skyblue4u

New Member
  • Aug 2, 2013
  • #98
MayOTE=Hugh Jarse;506835]The 11.30 headlines were about Soldado to Spurs, some new guy for Swansea scoring twice on his debut and the Ashes. Obviously, little ole City don't merit a mention![/QUOTE]

Maybe you should have been watching Sky News? Just had a lengthy piece about our plight
 

Sky Blue Kid

Well-Known Member
  • Aug 2, 2013
  • #99
This could be good if it forces the FA to step in and overule the FL. ACL can sell the Arena to whoever the want. Haskell 4th could buy CCFCltd and FA give the GS to him. If not. Time for Coventry City AFC.
 
T

true sky blue

Guest
  • Aug 2, 2013
  • #100
good, now the council get a big fat £0,

ACL will be bust within 1 year and guess who will buy the ricoh???!!!!
 

The Penguin

Well-Known Member
  • Aug 2, 2013
  • #101
Sky Blues said:
Anyone else just feeling numb?
Click to expand...

Yep.

I have no doubts that will soon be replaced by furious anger. One statement from Tim Thunderc*nt Fisher himself will do the trick.
 

wes_cov

New Member
  • Aug 2, 2013
  • #102
I can't help but look back at Tim Fishers comments "why would SISU sell where were at the bottom of the cycle". new lows every fucking day
 

Nick

Administrator
  • Aug 2, 2013
  • #103
Les Reid has said:

Ricoh Arena/ACL says it rejected CVA in best interests of #CCFC & fans against owners who brought "catastrophic insolvency"
Click to expand...
 

grego_gee

New Member
  • Aug 2, 2013
  • #104
Brighton Sky Blue said:
That the League would have the audacity to deduct any points let alone 30 is an outrage in itself. They pull the stops out for the likes of Portsmouth but stand by and do nothing except punish ourselves-they should all hang their heads in shame, the lot of them.
Click to expand...

Maybe we won't get -15 or any deduction?
It wasn't the club that rejected the CVA, it was the wicked landlord!
I don't see why we should get penalised for something outside our control?

imp:
 

Sky Blue Kid

Well-Known Member
  • Aug 2, 2013
  • #105
@HH The reverse "Christmas Tree" would put the wind up most teams, takes me back to the LW.IL.CF.IR.RW
 
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