trouble brewing - future football league sanctions? (2 Viewers)

[SimonGilbert]

Tenner says we won't get kicked out of the league and it is just a bit of scare?

I really doubt the league would go that far. But it is a punishment available to them. A points deduction isn't out of the question though.

However, it won't come to that. The club will pay. Mark said. Subject to banking procedures of course...


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[Nick]

I really doubt the league would go that far. But it is a punishment available to them. A points deduction isn't out of the question though.

However, it won't come to that. The club will pay. Mark said. Subject to banking procedures of course...


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Nice bit of a dig there too

 

[Danceswithhorses]

I really doubt the league would go that far. But it is a punishment available to them. A points deduction isn't out of the question though.

However, it won't come to that. The club will pay. Mark said. Subject to banking procedures of course...


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They don't call him 'Honest Mark' for nothing...oh, hold on

 

[Moff]

I like the bit about ML giving fl updates on progress. I bet thats a short conversation.

Labovitch looks the kind of bloke that would use the means of interpretive dance to pass on the message rather than conversation. Either that or his favorite crayons.

 

[SkyBlue_Bear83]

Well we have to meet our quota of -10 points somehow.

 

[Samo]

The club will ask for an extension on the deadline for payment on the grounds that the liquidation of Holdings has been problematic. The FL will grant this as they are toothless bastards and this will take the deadline to beyond the JR. Leaving SISU free to ditch the debt if they lose the JR and decide to go the admin route.

 

[SkyBlue_Bear83]

The club will ask for an extension on the deadline for payment on the grounds that the liquidation of Holdings has been problematic. The FL will grant this as they are toothless bastards and this will take the deadline to beyond the JR. Leaving SISU free to ditch the debt if they lose the JR and decide to go the admin route.

Then they will give them an award for there outstanding work in supporter relationships

 

[James Smith]

I might be wrong but didn't they owe the club money for over charging?

I agree with Lew, if you get a bill, most of the time it is paid just before the due date.

My point being, if they do owe money then there haven't been many stories about it

I hope that the council have paid the club back the rates or have a phenomenally good reason for not doing so. Waiting for the liquidation of ltd or holdings is not a good reason.

 

[ccfcway]

I hope that the council have paid the club back the rates or have a phenomenally good reason for not doing so. Waiting for the liquidation of ltd or holdings is not a good reason.

i get your point, and i would also like to know the answer. but it aint gonna lose the club points or be thrown out of the league is it !

 

[Terry Gibson's perm]

The football league will come down on the club with all it's might and place them under a transfer embargo, this will then give them another excuse not to sign anybody this summer.

 

[Brighton Sky Blue]

Just what is holding up the liquidation? What's so complicated?

 

[Jack Griffin]

Just what is holding up the liquidation? What's so complicated?

I think it is a mechanism exploiting a loophole in the agreement with the FL. in order to avoid paying. that is what I infer, but unless I have chapter & verse of that agreement I can't prove my suspicion, so I'm just putting that out there, does anyone else have a better explanation?

Quote from Mark Labovich... http://www.coventrytelegraph.net/news/coventry-news/coventry-city-official-insists-club-7087138

There are two modalities of timing, one was the end of May. The other was at the end of the liquidation process. The long and the short of it is, if we make an agreement with the Football League, we will honour it.”

 

[Brighton Sky Blue]

I think it is a mechanism exploiting a loophole in the agreement with the FL. in order to avoid paying. that is what I infer, but unless I have chapter & verse of that agreement I can't prove my suspicion, so I'm just putting that out there, does anyone else have a better explanation?

Quote from Mark Labovich... http://www.coventrytelegraph.net/news/coventry-news/coventry-city-official-insists-club-7087138

It really does make a mockery of the whole process that ACL get what they would have got by accepting the CVA even when they didn't. Also, the League were able to force the club to make this payment as a condition of membership, so why couldn't playing in Coventry also have been a part of it?

Spineless.

 

[Nick]

It really does make a mockery of the whole process that ACL get what they would have got by accepting the CVA even when they didn't. Also, the League were able to force the club to make this payment as a condition of membership, so why couldn't playing in Coventry also have been a part of it?

Spineless.

Is it not the same amount for cva and non cva? They couldn't force the club to play in coventry as then acl could have rinsed them for anything they wanted.

 

[Brighton Sky Blue]

Is it not the same amount for cva and non cva? They couldn't force the club to play in coventry as then acl could have rinsed them for anything they wanted.

Except ACL had made an offer through the League with a specified level of rent. It would have taken very little to say 'accept this and play in Coventry or don't play at all'. This rent agreement wouldn't have to have been permanent, just something on the interim to keep the club in Coventry.

CCFC lost millions even when it paid nothing in rent, and it has lost just as much in ticket revenue alone through this groundshare. Even at the original £1.3m we would still be in a better net position.

 

[James Smith]

You'd have thought the club would have mentioned the lack of rates rebate by now if they hadn't been paid.

 

[dongonzalos]

Nice bit of a dig there too

“I can’t comment on the bank transfer mechanics but we honour our agreements with our industry body - end of.

Not much of a dig quite accurate TBF

 

[Tonylinc]

I don't think that the rate rebate has been paid but is the amount quoted not the net figure having factored that in?