I'm not suggesting that the following is the accurate insight
into the present situation that we all are waiting for but it is an entirely
plausible analysis. Trying to work out what is going on may require things
to be turned on their heads and lateral thinking.

The FL have made it quite clear that for whatever reason the paperwork to
explain what has happened at LU has not been put before the decision making
board. Until that paperwork reaches them then no decisions about the GS can
be taken. We don't know if the paperwork has not been sent, if it was sent
to the wrong FL office, or even if somebody has declined to open the
envelope for diplomatic reasons. Nor do we know why KPMG decided on
Wednesday tea-time to advise the FL that KPMG would not be attending the FL 
meeting on the following day.
Perhaps KPMG didn't itself want to present any paperwork at this time which
may have had consequences if they did, and for which they may later have
been blamed by those with an axe to grind.
What the FL also make clear is that as far as they are concerned, LU are
currently in administration, that we can trade players to a limited extent,
and that the club CAN start its fixtures so long as the club remains in
administration.
There is therefore no IMMEDIATE problem in terms of the GS.
It is also clear that when such paperwork does find its way in front of the
decision making board that there will only be an immediate problem if that
paperwork says that the club is no longer in administration.
The difference between being in and not being in the CVA is, as I understand
it, merely  the self-issuing of an item of paperwork which states that the
CVA has failed. I think it is called non-compliance.
It seems to me that much depends upon what the paperwork which is eventually
put before the FL actually says that the situation is.
If the CVA remains in progress then there is no decision to make at this
time and we trade some players and begin the league fixtures.
If the paperwork says that we are longer in a CVA then this will cause a
problem because the FL rules will have to be applied and a decision will
need to be made.
This very neatly throws the problem back from the football league and into
the laps of Bates and KPMG. It is almost like an "invitation" to re-consider
what paperwork to put before the FL. As KPMG also appear to have thrown the 
problem out of their offices and into Bates' lap then it might appear that
everyone understands Bates' blame-game and they are not going to fall into
line with it.
The fact that the FL meeting instructed their chairman to seek legal advice
on the situation would also fit quite neatly into this scenario.
The big question is - is everyone giving Bates time to reconsider and to
perhaps modify his position.
If the CVA continues in place then of course the HMRC challenge remains in
place and we are set for a date in court. Will Bates wish to go to court ?
Will Bates risk advising the FL that we are no longer in a CVA ? Who will
get evicted from the big brother house ?



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