Les Reid tweeted...
actually from reading the article its appleton that is the disgrace.
Can you post it up noggin??
(My next question is not intended to scare anyone but needs to be asked)
Can someone clarify that if we do not find a ground to play in before the first game are we not expelled from that competition?
Hasn't the administrator pretty much said he is finished now though?
If the FL were satisfied with SISU/Otium they would surely have by now rubber stamped Appleton's verdict. The delay surely indicates that there are doubts, and issues to investigate which gives some hope. Of course it means that we remain in administration, and the transfer embargo remains, therefore next season is already becoming a case of can we stay up, I believe.
Not sure why he didn't call the creditors meeting immediately after the deadline, although other posts on this thread could indicate a possible reason.article says he has to give 14 days notice for a creditor meeting and that it's likely to be around 15th July.
Why on earth didn't he call it a week or so before the final bids were due in to give him time to look at the bids and make a decision and then have the meeting soon after?
Sorry but it's nothing to do with what they think of Otium. The administration isn't settled yet, not all creditors have been satisfied. That is the whole premise of the article. The FL don't have a clear decision to make yet.
It's interesting that ACL could, if they wish, refuse to sign a CVA and therefore potentially leave City with a 15 point deficit going into the season.
It's interesting that ACL could, if they wish, refuse to sign a CVA and therefore potentially leave City with a 15 point deficit going into the season.
could we play behind closed doors at ryton?
And let us remember - before the hysteria starts again - that ACL's directors are legally obliged to act in the best interests of the company they represent. They are faced with a no-win situation. Refuse to sign the CVA and they're accused of all sorts on here, and I hate to think what's happen on GMK. Sign it and they may not be conducting themselves according to their terms of their office
The Telegraph understands the Football League is prepared to be flexible on how far away from Coventry the club might play on an interim basis - which scotches suggestions it would have to be within a 30-mile radius.
NENE PARK it is then ,don't expect em to come back.
And let us remember - before the hysteria starts again - that ACL's directors are legally obliged to act in the best interests of the company they represent. They are faced with a no-win situation. Refuse to sign the CVA and they're accused of all sorts on here, and I hate to think what's happen on GMK. Sign it and they may not be conducting themselves according to their terms of their office
And let us remember - before the hysteria starts again - that ACL's directors are legally obliged to act in the best interests of the company they represent. They are faced with a no-win situation. Refuse to sign the CVA and they're accused of all sorts on here, and I hate to think what's happen on GMK. Sign it and they may not be conducting themselves according to their terms of their office
That's all fine bud, but unless the Administrator breaks the deal we can't complete a deal for a Groundshare while in Admin.. We have to hope Appleton pulls his finger out..
Is whoever puts a company in administration liable for the costs of that administration or is it the company being put into administration that is liable for it?
Absolutely no idea myself.
And let us remember - before the hysteria starts again - that ACL's directors are legally obliged to act in the best interests of the company they represent. They are faced with a no-win situation. Refuse to sign the CVA and they're accused of all sorts on here, and I hate to think what's happen on GMK. Sign it and they may not be conducting themselves according to their terms of their office
If they drag out signing the CVA thereby keeping us in admin at the start of the season, SISU would have to eat humble pie and take up ACL's no rent offer. Could it be in ACL's interest to do this maybe?
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