MichaelCCFC
New Member
Lots of local media here and they can type a lot quicker than me. Would suggest anyone who wants the latest get on twitter and follow @lesreidpolitics
Update from the High Court (1 Viewer)
- Thread starter MichaelCCFC
- Start date
LoyalSupporters
New Member
10 points deduction is to go ahead?
J
Jack Griffin
Guest
Latest from Les Reid on Telegraph Web Site
http://www.coventrytelegraph.net/ne...inted-sky-blues-administrator-92746-33063746/
http://www.coventrytelegraph.net/ne...inted-sky-blues-administrator-92746-33063746/
Paxman II
Well-Known Member
So it seems proven that the 'golden share' is indeed with the company SISU placed in admin? (unless there is some scurrilous evidence to suggest it's the Holdings Ltd company somehow)
I would need confirmation from the FL and FA that while this is so does that change anything about the football club that operate under the holding company? In other words should they (a solvent football club) be given any punishment?
I say this because SISU seem certain in retaining control though they denied the golden share was with CCFC LTD by stating it had no assets.
As I said before if the judge can prove the two companies are stringently linked (and the golden share certainly helps that) then she could conclude that the Holding company be placed in admin.
Of course SISU's administrator can sell the admin company to CCFC Holdings thus transferring the golden share to a solvent company and tis I think is their plan. Can the FL block it?
I would need confirmation from the FL and FA that while this is so does that change anything about the football club that operate under the holding company? In other words should they (a solvent football club) be given any punishment?
I say this because SISU seem certain in retaining control though they denied the golden share was with CCFC LTD by stating it had no assets.
As I said before if the judge can prove the two companies are stringently linked (and the golden share certainly helps that) then she could conclude that the Holding company be placed in admin.
Of course SISU's administrator can sell the admin company to CCFC Holdings thus transferring the golden share to a solvent company and tis I think is their plan. Can the FL block it?
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Thanks for that :claping hands: