Brace yourselves in again please .... - Page 26

AsFc62 · 09-03-2011, 11:49

Just had a look into this in the FA Rules handbook. The rules are as follows:
Taken from the FA Handbook.

14. INSOLVENCY pROVISIONS
14.A. SPORTING SANCTIONS
14.A.1 If an Insolvency Event shall occur in relation to any Club that Club shall be deducted 10
points. The deduction shall be made forthwith on the happening of the first Insolvency
Event.
14.A.2 Where a Club takes or suffers an Insolvency Event:-
14.A.2.1 during the Playing Season but prior to 5:00 p.m. on the fourth Thursday in
March, the points deduction shall apply immediately;
14.A.2.2 during the Playing Season but after 5:00 p.m. on the fourth Thursday in
March then Rule 14.3 shall apply; and
14.A.2.3 outside the Normal Playing Season, the points deduction shall apply in
respect of the following Season such that the Club starts that Season
on minus 10 points (including a Club or Clubs Relegated from the [ ]
League, where such Club shall be subject to Rule 14 of the [ ] League
Rules).
14.A.3 Where the circumstances set out in Rule 14.2.2 apply and at the end of that Playing
Season, having regard to the number of Competition points awarded (ignoring any
potential deduction):-
a) the Club would be relegated in accordance with The [ ] League Rules, the points
deduction will apply in the next following Season; or
b) the Club would not be relegated as aforesaid, the points deduction will apply
in that Playing Season and [ ] League Rules will then apply (if appropriate)
following the imposition of the points deduction.

Greeny · 09-03-2011, 15:30

I hope when the meeting is over a report is posted on their website or on here.Transparancy .

Stanleymad · 09-03-2011, 17:19

Any news?? This is so testing my impatience its felt like a long day lol

lancsdave · 09-03-2011, 17:32

They don't have board meetings to decide anything, they sit there for a few hours to wind you all up

nige b · 10-03-2011, 18:14

anyone heard anything or any outcomes

Redraine · 10-03-2011, 18:27

So the agony goes on.

nige b · 10-03-2011, 18:31

did this meeting actually happen cos the silence is truely deafening and the transparency a little difficult to see through

windmill · 10-03-2011, 19:02

How do you think Rob Heys' comments came about in the Observer?

Perhaps some 'i's to dot and 't's to cross before an announcement on the fishy site?

Wynonie Harris · 10-03-2011, 20:58

Quote:

Originally Posted by windmill

How do you think Rob Heys' comments came about in the Observer?

Perhaps some 'i's to dot and 't's to cross before an announcement on the fishy site?

What's he on about?

nige b · 10-03-2011, 20:59

sorry windmill not seen the observer what were the comments

nige b · 10-03-2011, 21:43

Quote:

Originally Posted by Wynonie Harris

What's he on about?

wh like you

personally non plussed

stanleyhouse · 10-03-2011, 21:55

Accy Observer - "High Hopes For Future"

To sum up:

The battle over who owns the club is nearly over.
Settlement between the 3 parties is in the hands of the solicitors.
EW verbally agreed a settlement to relinquish his shares.
DO'N also agreed to a deal.
IK is confident it will be settled soon to avoid any threat of administration.
There are plans for a new share issue.
In hands of solicitors so can't give details of deal.
The staff have had to work under difficult conditions but have all pulled together.
Nobody at the club has been paid in full for last month.

Stanleymad · 10-03-2011, 21:58

Why is the observer in the loop and not the fishy site

nige b · 10-03-2011, 22:08

if i were coley and 10 pts deduction was the outcome i would take me and jim anywhere but here

lancsdave · 10-03-2011, 22:11

Quote:

Originally Posted by stanleyhouse

Accy Observer - "High Hopes For Future"

To sum up:

The battle over who owns the club is nearly over.
Settlement between the 3 parties is in the hands of the solicitors.
EW verbally agreed a settlement to relinquish his shares.
DO'N also agreed to a deal.
IK is confident it will be settled soon to avoid any threat of administration.
There are plans for a new share issue.
In hands of solicitors so can't give details of deal.
The staff have had to work under difficult conditions but have all pulled together.
Nobody at the club has been paid in full for last month.

Is there a standing order arrangement with the Observer, same column every week