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china red
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« Reply #75 on: Friday, August 2, 2013, 09:58:41 » |
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Shit!!
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Trashbat?
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« Reply #76 on: Friday, August 2, 2013, 09:59:11 » |
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Coventry news and the fans seem to think they will just get a 15 point deduction and carry on as normal with a transfer embargo, is that just wishful thinking on their part?
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iffy
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« Reply #77 on: Friday, August 2, 2013, 10:00:50 » |
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Any club that splits the ownership of its ground from the club seems to get screwed
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Bob's Orange
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« Reply #78 on: Friday, August 2, 2013, 10:01:09 » |
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Coventry are by far the biggest club in the UK to have gone into liquidation, its a pretty sad state of affairs.
Glasgow Rangers fans might disagree with that statement. |
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
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Peter Venkman
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Things can only get better
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« Reply #79 on: Friday, August 2, 2013, 10:01:17 » |
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Coventry news and the fans seem to think they will just get a 15 point deduction and carry on as normal with a transfer embargo, is that just wishful thinking on their part?
It would set a precedent if it were the case, all clubs liquidated have been forced to close and reform as a brand new club several leagues lower. I think that is wishful thinking very much on their part, but who can blame them this is quite shocking. |
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Only a fool does not know when to hold his tongue.
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Peter Venkman
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« Reply #80 on: Friday, August 2, 2013, 10:01:56 » |
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Glasgow Rangers fans might disagree with that statement.
Who?  Glasgow Rangers have a large fan base but have never played in the English Premier league  |
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Only a fool does not know when to hold his tongue.
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china red
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« Reply #81 on: Friday, August 2, 2013, 10:02:18 » |
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Glasgow Rangers fans might disagree with that statement.
Glasgow who? |
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The_Doctor
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« Reply #82 on: Friday, August 2, 2013, 10:14:35 » |
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Coventry fans seem to think they just carry on but HOW, Liquidation means they are GONE, DONE...
All assets must be sold for creditors. In reality they should now be kicked out of the league, whilst it will affect revenues for some clubs, League One should effectively play with 23 teams this season and have 1 less relegation to even things up at seasons end. For them to get straight back in the league would be a mockery to those other clubs that have re-formed. Coventry City should in reality now be kicked out of the Football League and re-form as AFC Coventry City and start lower down to climb back up like Chester, Halifax, Aldershot etc etc.
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luckyluke699
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5 league goals and counting...
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« Reply #83 on: Friday, August 2, 2013, 10:14:49 » |
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Just another stark reminder as to why we can't moan too much that we have a vastly reduced playing budget this season!  |
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Batch
Not a Batch
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« Reply #84 on: Friday, August 2, 2013, 10:16:38 » |
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Got to be a bit careful here making assumptions on what this means because of the way the club is structured in terms of multiple holding companies. I'm not sure even the Coventry fans are certain yet.
If this really does mean a 15 point deduction and playing games in Northampton then I am gobsmacked.
Can a team change home grounds mid way through the season if a solution over the Ricoh is found?
Pretty sure they will play their fixtures this season
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Nick Bamosomi
Bitter & Twisted
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« Reply #85 on: Friday, August 2, 2013, 10:16:40 » |
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Sad news. I had a good chat with some Coventry supporters when we played them at the Ricoh last season. As someone else said, it could have been us. Does that mean Leon Clarke is available? |
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Never , under any circumstances, take a sleeping pill and a laxative on the same night
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Bob's Orange
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« Reply #86 on: Friday, August 2, 2013, 10:17:16 » |
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Coventry fans seem to think they just carry on but HOW, Liquidation means they are GONE, DONE...
All assets must be sold for creditors. In reality they should now be kicked out of the league, whilst it will affect revenues for some clubs, League One should effectively play with 23 teams this season and have 1 less relegation to even things up at seasons end. For them to get straight back in the league would be a mockery to those other clubs that have re-formed. Coventry City should in reality now be kicked out of the Football League and re-form as AFC Coventry City and start lower down to climb back up like Chester, Halifax, Aldershot etc etc.
Apparently - CCFC Ltd has been liquidated, CCFC Holdings which owns the players and management contracts and the training ground continues. Will still be able to play in league 1 next season, probably get a massive points deduction though |
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
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Batch
Not a Batch
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Posts: 55469
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« Reply #87 on: Friday, August 2, 2013, 10:18:56 » |
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Coventry fans seem to think they just carry on but HOW, Liquidation means they are GONE, DONE...
Nah, it means the part of the company that is to be liquidated is gone. There is another part or part(s) still left. Don't know which bit owns what, I think but am not certain player registrations are in the remaining bit, and ownership of the so called league golden share is uncertain. |
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Tails
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Git facked
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« Reply #88 on: Friday, August 2, 2013, 10:19:46 » |
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Could aid us in what may be a year of struggle.
Feel a bit sorry for their fans though.
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Peter Venkman
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« Reply #89 on: Friday, August 2, 2013, 10:21:11 » |
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Apparently -
CCFC Ltd has been liquidated, CCFC Holdings which owns the players and management contracts and the training ground continues.
Will still be able to play in league 1 next season, probably get a massive points deduction though
If this is true (and it may well be) then that makes a mockery of the whole ownership of any football club. I would like them to stay in business but rules are rules. |
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Only a fool does not know when to hold his tongue.
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