Only kicked off at 11 would expect anything until much later TBH
Only kicked off at 11 would expect anything until much later TBH
Kicked off at 11 and is probably really going to all kick off around 1 p.m.
yeah they'll probably break for lunch find out Compass are providing the lunch but has decided not to provided the promised pies SISU wants the money from the Pies that don't even exist but won't budge until they get it....
was about to say that @Lesreidpolitics will probably have the news first but somethings going on with his twitter. I can't see his tweets. Has he left twitter or something?
I can still see them pal. No updates as yet though
Les Reid @Lesreidpolitics#CCFC creditors meeting latest: All parties still in administrator Appleton's offices. Heard 15 mins ago proceedings still being held up
above tweet was 14:20Les Reid @Lesreidpolitics#CCFC creditors meeting latest: All parties still in administrator Appleton's offices. Heard 15 mins ago proceedings still being held up
Les Reid @Lesreidpolitics59s
Unconfirmed rumours #CCFC creditors' meeting proper hasn't even begun yet with ACL "delay tactics". All sides ARE at least in the building!
What does he mean held up ?
If he means ACL are asking questions and requiring information they have not been given but are legally entitled to then is that being held up? I know that delays are not what CCFC want to do but there is a lot at stake. You would assume that PA and TF & Co are happy with contents of CVA so no delay there
Would think proceedings will be adjourned for a maximum of 14 days as is permitted under the Insolvency Act
What impact will that have on the prospective deal to play at Northampton? My understanding is that the League have only given permission dependant on the club exiting administration.
My gut feeling is that they will sign it, albeit with conditions, but probably after some sort of adjournment. Could be wrong. It won't be the first time.
I don't really think that the procedure allows for acceptance with conditions.
but if it did - what condition would you see ACL trying to put on acceptance?
imp:
I think you will find the FL Board use their "discretion" again. Sadly I believe CCFC will be playing at Sixfields for at least the start of the season
#CCFC creditors meeting latest: All parties still in administrator Appleton's offices. Heard 15 mins ago proceedings still being held up
I have no idea how any conditions can be worked into the agreement as such, but it wouldn't surprise me if they didn't at least try to use this opportunity to somehow engineer a scenario that sees the club remain at the Ricoh. I do say 'try', but like most people am guessing. My gut feeling is that they are inclined to sign it, but perhaps feel they need something to go back to the people of Coventry with that justifies that decision.
Les Reid @Lesreidpolitics1m
BREAKING: I'm told #CCFC Ltd creditors' meeting just ended. Looks like adjournment. More to come asap
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