aintforever

I agree, this is all ******. What's the betting Crouch stumped up last months wages?

Surely if SLH get a CVA it's the same as SFC getting a CVA? I don't get why the addition -15 is an issue if the creditors are happy with the deal? If SFC get kicked out the league the players will all walk for nothing SMS becomes a wasteland and the Creditors get next to nothing.

I didn't think the Football Leagues rules were a legal issue? Sounds like ****** to me, just buy the ****ing club.

I'm guessing they are after assurances from the FL that we will not get the additional -15 when the deal is completed.

I expect Fry will sell all of SLH's assets at the same time, there's no point SLH existing if all it does is own a turnip field near Hedge End. Fry will get the creditors agreement's on however it is all divided up, otherwise there will be no football club sale and the creditors will get peanuts. That's my amateurish take on it.

But surely if the creditors agree to what Pinnacle offer then SLH has in effect a CVA which but default means SFC does?

I'm not moaning about it, I think it's great that TL keeps us up-to-date, long may it continue, if everything is kosher then it is a breath of fresh air. My point is that I would have thought he was too busy sorting stuff out to be keeping us lot informed, especially considering the amounts of cash involved and that everything is so time critical. Maybe I'm just paranoid after all the ****** fantasists like Jackson have posted before.

I find the fact that he posts on here worrying. If I was trying to nail down a multimillion pound deal for a client worth hundreds of millions I wouldn't give a monkeys about keeping a few nerds on a message board up-to-date.

Jackson ready to bid - that's a joke, Pinnicle's exclusivity ran out Friday if if he had anything serious lined up he could have claimed exclusivity Sat morning - there is nothing stopping him. He is so obviously full of ****e.

Your right about football being in a mess but the FA are just as big a joke as the FL. The way West Ham got away without a deduction was a farce, especially compared with the way Luton were treated.

Think your wrong, if someone turns up with a suitcase with 500K in they would get exclusivity straight away and Pinnacle will be out in the cold.

Surely the mega-rich backer did?

Exactly, not only relegating us twice, Lowe wasn't even capable of taking the club into administration properly. For the sake of a few days he has ****ed up next season and possibly killed the club. ****ing useless ****.

The -10 appeal thing is not a big deal in itself but it does effect the price of the club so it would mean changes to the deal so will add time. Fry has to do all he can to get the best price so will make sure this 10 point thing gets pushed as far as possible.

The problem is that Fry has been selling a club that might not start on -10 and so have a decent chance of promotion, now the price has to be reduced in line with the fact that 2 seasons in League 1 minimum is almost certain. the question is, how much does the guaranteed -10 take off the price of the club?

The 10 point thing should not make any difference to a serious bidder, everyone knew from day 1 that the FL were very unlikley to back down. Pinnacle can't use this as an excuse.

I think this bit means there can't be a lengthy appeal going on whilst the season gets underway: "The Football League has the responsibility to ensure all League clubs start the season with certainty as regards the competition they compete in." Doesnt mean we cant appeal before the start of the season tho. ****ing Football League are a bunch of monkeys.

I think the crux of the issue is can the FL, as a national sporting body, act how it pleases of do they have to adhere to certain laws (restraint of trade etc). For example, could the FL say "We don't like the colour of your kit - you're out"?

The extra -15 is for not agreeing a CVA, if the Pinnacle deal goes through I think it means that the creditors are satisfied so the -15 shouldn't effect us. I think.

It is odd that a multi million pound deal is being held up by some poxy right to appeal that will not amount to anything.

I couldn't give a monkeys if every other club hate us, if there is a loophole we can exploit then we should do it. I don't think it's likely we will achieve much but if the legal bods think we have a chance we should appeal. I don't care what any of the happy clappers on here say, -10 pretty much rules out promotion for next season.

SFC should have appealed earlier, there has to be a cut off point so to expect an appeal to achieve anything now is a bit dumb. We are not going to get the 10 points back so it is worrying that this Pinnacle thing is being held up over this, looks to me now like an excuse.

The football League are behaving like a bunch of amateurs, they originally said we had the right of appeal, now they are saying we have to waive that right to join the league - you cannot blame Pinnacle for trying to contest that. It's blatant blackmail and so obviously wrong, whatever anyone's opinion of the -10 point penalty. I would guess that it's important for Pinnacle because if we get the -10 we are pretty much guaranteed two seasons in League 1. You would pay less for a club in that situation than one that stood a realistic chance of going straight back up.

No way, if he had put us in admin a few days earlier the 2 company thing wouldn't have even mattered. Lowe ****ed us up big time, it wouldn't surprise me if he delayed admin out of spite.

Does the fit and proper thing apply to League 1 clubs or it it just the Prem?