Bill Glazier
Active Member
Just had this response to an email I sent questioning the player registration mess.
Nothing new, apart from they've obviously bolted the stable door against other clubs carrying on like this while washing their hands with us.
Fri, 30 Aug 2013 at 10:34
10:34
Message starred
RE: Coventry City
Chris,
Thank you for your email.
The rejection of Coventry City FC Limited's CVA on August 2 meant that it was no longer an entity capable of fulfilling Coventry City's Football League fixture programme. This was because the club's assets had already been sold unconditionally by the Administrator to the Otium Entertainment Group ahead of the CVA being considered by the club's creditors.
Otium, as the only party capable of taking on the club's Football League share at that point, then made an application to the Football League Board under the 'exceptional circumstances' provision of its Insolvency Policy. Having considered the matter fully, the Board made an offer that was conditional on Otium accepting a 10 point deduction and agreeing to meet its offer to creditors under the failed CVA. This offer was accepted.
Without the agreement of the Board to transfer the share to the Otium Entertainment Group there would be no Coventry City competing in The Football League today.
In relation to player contracts, over time the ownership arrangements of Coventry City have become extremely complicated. The contracts of employment for Coventry City players were entered into by a different company to that which held the share in the Football League. Both The Football League and The FA registered those contracts, because The Football League effectively treated the two companies as a single entity and thus considered there to be no breaches of existing regulations at the time.
Through the Administration process this issue has been addressed. The League share and players contracts are now held by the same entity.
The League has reviewed its procedures and measures put in place to ensure that this situation cannot be repeated.
Thank you for contacting The Football League.
Regards,
Andrew Pomfret
Customer Services Officer
The Football League Limited
www.football-league.co.uk
Celebrating 125 years since it was formed in 1888 by its twelve founder members, The Football League is the world's original league football competition and is the template for leagues the world over. With 72 member clubs, it is also the largest single body of professional clubs in European football and is responsible for administering and regulating the Sky Bet Football League, Capital One Cup and Johnstone's Paint Trophy, as well as reserve and youth football. To find out more click here.
The Football League Ltd. Registered Office - Edward VII Quay, Navigation Way, Preston PR2 2YF. Registered No: 80612. Tel: 0844 463 1888. Fax: 0844 826 5188.
London Office - 30 Gloucester Place, London, W1U 8FL. Tel: 0844 826 3099
Follow us on Twitter: www.twitter.com/football_league
This e-mail and any attachments are intended only for the individual to whom it is addressed. It may contain privileged and confidential information. If you have received this message in error or there are any problems, please notify the sender immediately and delete the message from your computer and any copies. The unauthorised use, disclosure, copying or alteration of this message is forbidden. Any views set out in this e-mail are the views of the individual sending it, and not the views of The Football League Limited unless otherwise stated. This e-mail should not be seen as forming a legally binding contract unless otherwise stated. Although we believe this e-mail and any attachment are virus-free it is your responsibility to ensure this on receipt.
Nothing new, apart from they've obviously bolted the stable door against other clubs carrying on like this while washing their hands with us.
Fri, 30 Aug 2013 at 10:34
10:34
Message starred
RE: Coventry City
Chris,
Thank you for your email.
The rejection of Coventry City FC Limited's CVA on August 2 meant that it was no longer an entity capable of fulfilling Coventry City's Football League fixture programme. This was because the club's assets had already been sold unconditionally by the Administrator to the Otium Entertainment Group ahead of the CVA being considered by the club's creditors.
Otium, as the only party capable of taking on the club's Football League share at that point, then made an application to the Football League Board under the 'exceptional circumstances' provision of its Insolvency Policy. Having considered the matter fully, the Board made an offer that was conditional on Otium accepting a 10 point deduction and agreeing to meet its offer to creditors under the failed CVA. This offer was accepted.
Without the agreement of the Board to transfer the share to the Otium Entertainment Group there would be no Coventry City competing in The Football League today.
In relation to player contracts, over time the ownership arrangements of Coventry City have become extremely complicated. The contracts of employment for Coventry City players were entered into by a different company to that which held the share in the Football League. Both The Football League and The FA registered those contracts, because The Football League effectively treated the two companies as a single entity and thus considered there to be no breaches of existing regulations at the time.
Through the Administration process this issue has been addressed. The League share and players contracts are now held by the same entity.
The League has reviewed its procedures and measures put in place to ensure that this situation cannot be repeated.
Thank you for contacting The Football League.
Regards,
Andrew Pomfret
Customer Services Officer
The Football League Limited
www.football-league.co.uk
Celebrating 125 years since it was formed in 1888 by its twelve founder members, The Football League is the world's original league football competition and is the template for leagues the world over. With 72 member clubs, it is also the largest single body of professional clubs in European football and is responsible for administering and regulating the Sky Bet Football League, Capital One Cup and Johnstone's Paint Trophy, as well as reserve and youth football. To find out more click here.
The Football League Ltd. Registered Office - Edward VII Quay, Navigation Way, Preston PR2 2YF. Registered No: 80612. Tel: 0844 463 1888. Fax: 0844 826 5188.
London Office - 30 Gloucester Place, London, W1U 8FL. Tel: 0844 826 3099
Follow us on Twitter: www.twitter.com/football_league
This e-mail and any attachments are intended only for the individual to whom it is addressed. It may contain privileged and confidential information. If you have received this message in error or there are any problems, please notify the sender immediately and delete the message from your computer and any copies. The unauthorised use, disclosure, copying or alteration of this message is forbidden. Any views set out in this e-mail are the views of the individual sending it, and not the views of The Football League Limited unless otherwise stated. This e-mail should not be seen as forming a legally binding contract unless otherwise stated. Although we believe this e-mail and any attachment are virus-free it is your responsibility to ensure this on receipt.