When is insolvency not insolvency (1 Viewer)

Sky Blues said:

Gets confusing doesn't it? Would we support CCFC (part of New CCFC Company Ltd) or CCFC Holdings (part of Sky Blue Entertainment Ventures Ltd, which is part of Sky Blues Sports and Leisure etc)?

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Depends where the assets sit (player registrations, option for half share etc). I presume this is ccfc but god knows. After administration the buyer only takes on the assets of the company, not the company itself (or its liabilities).