Maybe the list of players to be released has been effected by whether their contract was with Ltd or Holdings?
imp:
I have more questions than answers! Does the book value of the registrations get written down year by year over the length of the contract? I am not sure if the contract value equates directly to transfer fee? Is a book value placed on free transfers? Would holdings have a problem fielding players registered with Ltd? If so under what circumstances?
imp:
They haven't been released have they? Just up for sale?
I think one of ther articles on the A Prison of Measured Time blog discusses when a lot of the players contracts were transferred over. It suggests this was after June 2012 when Tim Fisher signed off the 2011 accounts and If i remember correctly was at some point before the official Admin in May 2013.
I think one of ther articles on the A Prison of Measured Time blog discusses when a lot of the players contracts were transferred over. It suggests this was after June 2012 when Tim Fisher signed off the 2011 accounts and If i remember correctly was at some point before the official Admin in May 2013.
They haven't been released have they? Just up for sale?
They can't release them can they unless they pay of the term of the contract? Maybe the players being given the boot have their contracts in Ltd and they're going to try and terminate their contracts if and when they liquidate ltd. if they try something like that I think the PFA will be getting themselves involved.
The 'unwanted' players' contracts being kept in Ltd suggests to me that the company is going to be liquidated so we don't have to pay them a penny.
Football creditors rule means players have to be paid in full.
Which is why Kanu could've brought Portsmouth down if he'd wanted to.
Football creditors rule means players have to be paid in full.
Which is why Kanu could've brought Portsmouth down if he'd wanted to.
But their claim would be against Ltd which wouldn't exist anymore. Wouldn't surprise me if they're going to try and pull something like this. It would also be a reason thy aren't training with the team "they're nothing to do with CCFC, they don't even train with us" will be the line trotted out.
Sisu have no problems with changing companies to leave unwanted players and a lease in one while transferring what they need across to the active one, they might be getting a phone call from the FA, if allowed could change how players contracts are compiled and the game as we know it...
So the Ltd squad is at the Memorial Park helping set up for Godiva and the rest are doing yo yo tests at Ryton.
I am so pleased our club is so professionally run :jerkit:
So it definitely is all the liabilities in the one company, all the 'assets' in the other. Can the Football League really let this go? Is 15 points as far as they will take it?
Bit early to be concluding that this is the plan, but if so, it will be one of the most despicable actions ever carried out against it's players by a club. I'd be amazed if Pressley is enough of a moral coward to go along with such a scheme. The PFA won't stand for it I don't think.
Pressley is in the classic win/win situation Thorn found himself in. Win some games and win lots of plaudits, lose them and expectations are set so low that his reputation can't suffer.
Its total De Ja vu
Pressley is in the classic win/win situation Thorn found himself in. Win some games and win lots of plaudits, lose them and expectations are set so low that his reputation can't suffer.
Would it not be too much of a co-incidence that only the players we don't want have their contracts with limited but everybody else is magically with holdings?
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