stevegrant

No. The "asset" () is still on the books of the football club, Chainrai simply holds security over it. I guess he might have been able to do something like that before they went into administration, but they're now offered protection from creditors.

I don't think he said anything one way or the other - I'd have thought you'd be best-placed to answer that question I believe there were comments querying the validity, but no evidence sought or provided by either side or the judge.

But we did go into administration

AA has been well and truly burned by Birch there

What a great idea, make the cost of administration twice as big

Dan Williams, ****ing hell, that's a blast from the past HelpMeRhonda

I'm led to believe he's a Saints fan

Was the issue of how the period of administration is to be funded raised in court? Not seen any mention of it so far.

According to our accounts for the year ended 30th June 2010 (the latest available from Companies House), the average number of employees during the year was 214 (61 "administrative", 153 "football"). In addition, we employed around 250 temporary staff on matchdays.

How many times has he actually been right with any of his "throw enough mud and eventually some will stick" transfer predictions?

The judge may yet oppose it, and ultimately he's the one that matters.

Surely if they were breaking even, they wouldn't need to go into administration?

HMRC (surprisingly, IMO) not opposing administration application, but opposing proposal to appoint UHY

He's a ****ing idiot. "Shock horror a football club relies on owner subsidy" - well yes, but a football club who's just come out of administration having wiped around £80m of debt from their books doing so (and not for the purposes of debt repayment) is rather reckless, I'd suggest.

Textbook

Coventry aren't looking that useless anymore, especially at home, and of their 7 remaining home games, only one is against a top-half side (Birmingham). The rest are all very winnable (Barnsley, Palace, Pompey, Peterborough, Millwall, Doncaster)

I see Appleton's fallen into the "it's not fair on everyone else if we've got a depleted squad, so we should be allowed to sign loads more loan players" trap. I wouldn't say that's to the detriment of the division, I'd imagine the likes of Coventry, Doncaster, Nottingham Forest and Millwall will be quite happy to see a limbs-nearly-falling-off starting lineup for the rest of the season.

That must be a ****ing huge wall

Last call for players - if I can't get at least another 5 by the weekend (long shot), we'll probably have to cancel.

I'm not sure the £83,700 for 3100 adult tickets will stretch that far, to be honest.

Sadly, I'm not entirely convinced that publicly saying "we're going to ask the court on Friday to allow us to enter administration" is the same as lodging a Notice of Intention to Appoint an Administrator. I suspect the latter has to be done in court. Also, I assume the rules on what constitutes an Insolvency Event have changed in recent years because Coventry DID lodge that particular Notice to the court a few years ago, giving it ten days to appoint someone, and on the final day, SISU rode in on their trusty steed to bail them out with their ill-thought-out business plan, bought the club and avoided a points deduction.

Early conspiracy theories when that claim came out was that Chainrai had someone waiting in the wings to be the new "saviour", so anyone who had any genuine interest was scared off by AA with a ridiculous price tag.

FIFA and UEFA have jurisdiction over the FA - to an extent (they wouldn't want to be seen to be dictating how national associations should manage the game in their country) - but not over the leagues affiliated to the national associations, especially in the cases of the Premier League and Football League as they're not run by the national association. In many countries, the national league IS run by the national association, but not here.

All results voided, we go back to the top of the table