On Thu, August 2, 2007 1:41 pm, Mark Humphries wrote:
> Thats ok, the problem here is that it is a rule that has never been
> invoked before by the FL and therefore there aren't any guidelines to go
> by.
>
> I would personally turn the question around and ask them exactly what
> they do consider exceptional circumstances with regards to administration.
>  Perhaps they had the rule in case Elvis Presley turned up in a flying
> saucer and won ownership of a club but then wanted his players dressed up
> as bacon double cheeseburgers?

I think it is supposed to be something very exceptional: from the FL's
point of view I think they expect the fact that a club can play for 18m in
administration allows time for any challenges to be heard, and as such the
club shouldn't have been sold outside the CVA (a process that I concede is
legal, albeit I think that it was done fraudulently in this instance
because of the link between Bates and Astor*) if FL membership was
desired.  This is because of the FL trying to demonstrate good governance
as requested by the government.

I agree though, the vagueness if the term "exceptional circumstances" does
not help at all.

*Mark Taylor: Astor's representative, Bates' solicitor and the man who
appointed KPMG.  He's also a director of LUFC (oledco and newco) and of
Yorkshire radio.  As is Ken bates.

- Sean




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