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Thetownend.com > Forum > 25% > Other Football Stuff > Topic: A couple of interesting newsworthy items
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Samdy Gray
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« on: Friday, May 18, 2007, 21:29:30 »
Changes to the penalties for entering administration:

http://news.bbc.co.uk/sport1/hi/football/6670777.stm

Proof that a 10 point deduction will apply if we rengotiate/enter into a new CVA

http://news.bbc.co.uk/sport1/hi/football/teams/b/boston_united/6670393.stm
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red macca

« Reply #1 on: Friday, May 18, 2007, 21:44:20 »
That does not say anything about renegotiating
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Samdy Gray
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« Reply #2 on: Friday, May 18, 2007, 21:51:37 »
Quote from: "red macca"
That does not say anything about renegotiating


"Renegotiating" is effectively entering into a new CVA.
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sonic youth

« Reply #3 on: Friday, May 18, 2007, 21:52:47 »
but there's been no confirmation that renegotiation is the equivelent of entering into a CVA
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red macca

« Reply #4 on: Friday, May 18, 2007, 21:53:57 »
Spot on sonic and as much as it hurts to say that maybe the loophole the board have found
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