...but HMRC were challenging the CVA on the grounds of football related
debts being preferential creditors - the -15pts voted on by the other FL
Chairman remains a kangaroo court display of justice, regardless of KB
being a knunt or not.

BMW

-5 (Goal difference!)


-----Mensaje original-----
De: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] En nombre de Sean Emmott
Enviado el: viernes, 31 de agosto de 2007 12:09
Para: [EMAIL PROTECTED]
CC: [email protected]
Asunto: Re: [LU] LU: Taxman drops Leeds Utd legal challenge

On Fri, August 31, 2007 10:28 am, [EMAIL PROTECTED] wrote:
> Right.... I'm struggling to get my pea-sized brain around all
this.....
> was not the reason that we got docked 15 points because the CVA was 
> challenged and not agreed by the taxman?  So if that challenge has now

> been dropped, does that mean there are grounds for the deduction to be

> cancelled?

HMRC challenged the process of the CVA.  The CVA was scrapped by KPMG.
So if there's no CVA to challenge, there can't be a challenge.

The 15 points was deducted because the CVA wasn't completed.

Bates has got control of the club without having his financial affairs
scrutinised in court, but at a cost of 15 points.

If he had waited for the court case to be decided, the club could have
played while in admin, and then if successful in court completed the CVA
and had the golden share transfered without a points deduction.

Bates won, LUFC lost.

- Sean
-6


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