Anyone know how long before ACL have to approve or reject the CVA ? (1 Viewer)

Evo1883

Well-Known Member
i would imagine within the next 20-25 days as the season will start
 

SkyBluePG9

New Member
Creditors meeting is 22nd July. If ACL agree to the CVA then there's a 28-day cooling off period. That makes 19th August the earliest we can come out of administration through a CVA.
 

quinn1971

Well-Known Member
Creditors meeting is 22nd July. If ACL agree to the CVA then there's a 28-day cooling off period. That makes 19th August the earliest we can come out of administration through a CVA.

Apologies if this has been asked before but is there anything that can stop us playing at sixfields now.ie if we don't come out of administration with a cva ?
 

ccfcway

Well-Known Member
and if they dont agree, they liquidate the part of the club that nowt is in, ACL lose £500k and CCFC get a points deduction, that correct ?
 

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