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-10

Postby Nick » Fri Aug 02, 2013 5:26 pm

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Re: -10

Postby the boss » Fri Aug 02, 2013 5:49 pm

IMO the FL are a joke. Giving any of the clowns involved in this mess the golden share is just prolonging the agony......
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Re: -10

Postby AD » Fri Aug 02, 2013 8:33 pm

Why has the share been transferred to Otium AND a further penalty imposed? As far as I see there are two scenarios
1. Otium have already bought the assets of CCFC Ltd from the administrator as agreed, in which case they already own the golden share anyway and CCFC Ltd no longer has any relevance to the football authorities. Any CVA/liquidation no longer has any bearing on the league member and no further penalty can be imposed.
2. Otium intended to buy the assets of CCFC Ltd, but couldn't because of the CVA failing. Thus it is being liquidated, and as a result Otium don't own any of its assets and never did, thus meaning they have no right to the share. They don't hold the players registrations and the share should be transferred to Holdings where SISU say they are (despite all the evidence suggesting otherwise)
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Re: -10

Postby The Yid » Fri Aug 02, 2013 9:20 pm

Only 10 points rather than 15?? And transferring the golden share - anyone would think they are contradicting the 'for the best of the club' actions of ACL. The Football Leagues actions have spoken volumes about the way the council and ACL gave treated the club since we moved to the Ricoh.
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