Question for the Trust (2 Viewers)

mark82

Super Moderator

• Aug 2, 2013

• #1

If "the club" were liquidated who owns the rights to the name, badge, etc.
Did I read somewhere that the Trust had acquired this?

If so, seen as the football league recognise Ltd. as the club, if Ltd. is liquidated can the Trust take up those rights and bring the club back to Coventry (even if we have no players/manager/etc or even if we had no golden share)?

 

oldskyblue58

CCFC Finance Director

• Aug 2, 2013

• #2

Last I saw the badge is a registered trade mark owned by CCFC H Ltd, along with the retro badge. In addition it is shown as an asset on the list of items charged to ARVO Master Fund

http://www.ipo.gov.uk/tmownerid/sea...p=1&name=coventry+city+football+club&postcode=

http://www.ipo.gov.uk/tmownerid/sea...p=1&name=coventry+city+football+club&postcode= see page 2

 

Last edited: Aug 2, 2013

mark82

Super Moderator

• Aug 2, 2013

• #3

oldskyblue58 said:

Last I saw the badge is a registered trade mark owned by CCFC H Ltd, along with the retro badge. In addition it is shown as an asset on the list of items charged to ARVO Master Fund

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Is this another of the things that was transferred within the year leading up to admin or has it always been there?

 

oldskyblue58

CCFC Finance Director

• Aug 2, 2013

• #4

Badge registered by Holdings in 1999 so no not transferred from CCFC Ltd (recently at least)

 

Nick

Administrator

• Aug 2, 2013

• #5

So SISU would still own it?

 

oldskyblue58

CCFC Finance Director

• Aug 2, 2013

• #6

yes Nick ultimately they do because it sits in CCFC Holdings Ltd, they own that company

 

mark82

Super Moderator

• Aug 2, 2013

• #7

Nick said:

So SISU would still own it?

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Presumably. Why can't the club just be the club. I don't get how all the assets can be in holdings but all the debt is in Ltd. Surely that is not legal? Bending the rules at least.

 

oldskyblue58

CCFC Finance Director

• Aug 2, 2013

• #8

mark82 said:

Presumably. Why can't the club just be the club. I don't get how all the assets can be in holdings but all the debt is in Ltd. Surely that is not legal? Bending the rules at least.

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I think that goes to very heart of this administration mark82 ........ its the main question that has never been answered