AFCCOVENTRY
Well-Known Member
@TheSimonGilbert: Coventry MP Bob Ainsworth has called for CCFC's administrator to “stand prepared to surrender his position.” Full story to follow.
Ainsworth tells Appleton be prepared to surrender position (6 Viewers)
- Thread starter AFCCOVENTRY
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Jack Griffin
Guest
PWKH's statement that "many things are moving" seems to be coming true.
Mary_Mungo_Midge
Well-Known Member
'Stand prepared to surrender his position'? Did that come from a Labour MP from Coventry, or Mr Darcy?
The former, I believe.
Mary_Mungo_Midge
Well-Known Member
Do you know, I very much hope this is beginning to represent the point when these faceless, uncaring, duplicitous and loathsome people who've run our club into the ground are finally beginning to get their comeuppance.
I very much suspect a true investigation into what's happened here in recent times will prove disgusting
I very much suspect a true investigation into what's happened here in recent times will prove disgusting
AFCCOVENTRY
Well-Known Member
I reckon that rejecting the cva and a full investigation into Sisu must occur.
Grendel
Well-Known Member
He's probably an Adam Ant fan
Robccfc87
Well-Known Member
Now then this must definitely mean that Appleton is getting fired, his sale process rebuked, PHaskell renews his bid, gets approved by CCC, ACL and FL, we are back at Ricoh, loads of new players and were off and ready for promotion.
It doesn't it?
Doesn't it??
Or does it?!!!
It doesn't it?
Doesn't it??
Or does it?!!!
Lets all sing together
New Member
Well, at least the issue is getting 'sexed up'
magic82ball
New Member
Very weak...
AFCCOVENTRY
Well-Known Member
The House of Commons today heard a call for the joint administrator of Coventry City to “stand prepared to surrender his position.”
Coventry East MP Bob Ainsworth tabled his fourth and fifth Early Day Motion (EDM) in relation to the Sky Blues this morning.
EDMs are used to publicise an MP's views, drawing attention to specific events or campaigns, and demonstrating the extent of parliamentary support for a particular cause.
In the first EDM, Mr Ainsworth questioned whether there had been a “a conspiracy to defraud” over how assets had been moved at the club - a claim the the club’s owners have denied.
Two further EDMs raised questions about the company structure of Coventry City FC and the role of company secretary Adam Bradley and also asked the government to review the law in relation to company secretaries.
The first of the two motions raised this morning called on City joint administrator Paul Appleton to disclose why he agreed to the club's sale to Sisu-releated company Otium.
It read: “That this House notes that almost four months after his appointment, Paul Appleton of David Rubins and Partners LLP, the joint administrator for Coventry City Football Club Ltd, is still in discussions with BDO, its auditors, about the accounting procedures used by the company and has not yet used the powers available to him under the Insolvency Act 1986 to compel individuals and organisations to render information to him.
Ricoh Arena boss backing MP's call for Coventry City investigation
“Further notes therefore that he has not yet secured full knowledge of the company’s assets and whether any inappropriate devices have been used to facilitate its transfer to any other organisation.
“Further notes that despite this he has sold the company without conditions to Otium Entertainment a connected party.
“And calls on him to make a full disclosure of why he has acted as he has and to stand prepared to surrender his position as joint administrator to someone who, even at this late date, is prepared to use the powers provided in legislation.”
The second of today’s early day motions questioned the movement of assets between Coventry City Football Club Ltd - the company currently in administration - and CCFC Holdings Ltd.
It read: “That this House notes that the March and April 2008 board minutes show that Coventry City Football Club Ltd (CCFC) had ownership of the Football League’s golden share and the registration of the playing staff and that since then various service agreements with the club’s many managers’ and players’ contracts continued to be vested with the company.
“Further notes that the accounts for year ending 31 May 2011 showed playing staff contracts were still owned by the company; calls on the Football League to explain why it has allowed those contracts to be altered to the ownership of CCFC Holdings Ltd, an entity that has not possessed the golden share, in contradiction of its own clearly stated rules.
“Further calls on it to explain why it agreed to allow the club to leave the Coventry area in a ground share with Northampton Town without obliging the club’s owners to demonstrate a clear plan with timescales for its return to Coventry, again in clear contradiction of its own policies.
“Further calls on it to reveal whether it received a 12-page solicitor’s letter on the eve of agreeing to do so on behalf of the club’s owners.
“And further calls on it to co-operate fully with those charged with discovering how the company’s assets have been removed and to review its decision to allow the ground share with Northampton Town.”
Coventry East MP Bob Ainsworth tabled his fourth and fifth Early Day Motion (EDM) in relation to the Sky Blues this morning.
EDMs are used to publicise an MP's views, drawing attention to specific events or campaigns, and demonstrating the extent of parliamentary support for a particular cause.
In the first EDM, Mr Ainsworth questioned whether there had been a “a conspiracy to defraud” over how assets had been moved at the club - a claim the the club’s owners have denied.
Two further EDMs raised questions about the company structure of Coventry City FC and the role of company secretary Adam Bradley and also asked the government to review the law in relation to company secretaries.
The first of the two motions raised this morning called on City joint administrator Paul Appleton to disclose why he agreed to the club's sale to Sisu-releated company Otium.
It read: “That this House notes that almost four months after his appointment, Paul Appleton of David Rubins and Partners LLP, the joint administrator for Coventry City Football Club Ltd, is still in discussions with BDO, its auditors, about the accounting procedures used by the company and has not yet used the powers available to him under the Insolvency Act 1986 to compel individuals and organisations to render information to him.
Ricoh Arena boss backing MP's call for Coventry City investigation
“Further notes therefore that he has not yet secured full knowledge of the company’s assets and whether any inappropriate devices have been used to facilitate its transfer to any other organisation.
“Further notes that despite this he has sold the company without conditions to Otium Entertainment a connected party.
“And calls on him to make a full disclosure of why he has acted as he has and to stand prepared to surrender his position as joint administrator to someone who, even at this late date, is prepared to use the powers provided in legislation.”
The second of today’s early day motions questioned the movement of assets between Coventry City Football Club Ltd - the company currently in administration - and CCFC Holdings Ltd.
It read: “That this House notes that the March and April 2008 board minutes show that Coventry City Football Club Ltd (CCFC) had ownership of the Football League’s golden share and the registration of the playing staff and that since then various service agreements with the club’s many managers’ and players’ contracts continued to be vested with the company.
“Further notes that the accounts for year ending 31 May 2011 showed playing staff contracts were still owned by the company; calls on the Football League to explain why it has allowed those contracts to be altered to the ownership of CCFC Holdings Ltd, an entity that has not possessed the golden share, in contradiction of its own clearly stated rules.
“Further calls on it to explain why it agreed to allow the club to leave the Coventry area in a ground share with Northampton Town without obliging the club’s owners to demonstrate a clear plan with timescales for its return to Coventry, again in clear contradiction of its own policies.
“Further calls on it to reveal whether it received a 12-page solicitor’s letter on the eve of agreeing to do so on behalf of the club’s owners.
“And further calls on it to co-operate fully with those charged with discovering how the company’s assets have been removed and to review its decision to allow the ground share with Northampton Town.”
jesus-wept
New Member
The last week or so the times Appleton spoke you could almost hear is arse twitching. I don't think many on here realise how significant Ainsworth's involvement is getting it to the heart of Government, minister level, debates, edms. and now possibly getting the administrator replaced, which I think is a court decision
Doing well our Bob, born and bred Wood Ender,
Doing well our Bob, born and bred Wood Ender,
Monkeyface
Well-Known Member
Its the only possible outcome!
ccfcway
Well-Known Member
Completely agree.. Tim Fisher farts and we have a 20 page thread on it, yet whilst we are all aware Bob has been banging on about this in London, it does look like he could be the guy who knocked down this pack of cards !
AFCCOVENTRY
Well-Known Member
Appleton is in hot water and his name being shamed in parliament! Not good for his image.
Get involved with Sisu and they will ruin you.
Get involved with Sisu and they will ruin you.
Sky Blues
Active Member
Didn't PWKH suggest on the radio the other day that Sisu's lawyers had been in touch with the Football League before the groundsharing decision was made?
This might be something different of course.
chickentikkamasala
Well-Known Member
It's all becoming very interesting! I'm sure all those on GMK will still be licking Sisu's arses!
Sky Blues
Active Member
Is he our political Micky Quinn?
ccfcway
Well-Known Member
Lets hope its not Michael Mifsud, where your convinced we are getting somewhere then it just fades out
T
true sky blue
Guest
more like Brokeback Mountain
Seyeclops666
New Member
Now that was funny!!
SkyblueBazza
Well-Known Member
Err...no
It means yrs of court proceedings, investigations, allegations, sueings for defamation of character...& then more of the same...& same again. Where that will leave US the fans heaven only knows.
T
true sky blue
Guest
yep Painsworth is a hard boiled polititian but remember these motions are endless, they usually take place in front of about 6 other m.ps in a quite empty chamber. wether it becomes a debate is another issue. naming and shaming is all it is really. nothing will change - its just another game play. we will play at the ricoh im sure of it - this is simply the storm before the calm, after this sisu and acl will get on like a house on fire. i still think higgs will sell their half to sisu - that could be the deal maker in the end... it wil all come good by next friday
T
true sky blue
Guest
i agree - if it does get serious Painsworth could finish the club off completely. out of existence
RichieGunns
New Member
stand and deliver...our club or your position!?
Broken Hearted Sky Blue
Well-Known Member
We'll leave it to Sisu then shall we:facepalm:
sky blue john
Well-Known Member
If Ainsworth pulls this off and gets rid of Sisu. I will be calling for knighthood and statue next to JH for him !!!!
Sterling Archer
Well-Known Member
What is Ainsworth accusing Appleton of here, just out of curiosity? Interesting indeed!
