No we cant wish that on the Luton fans who will be the biggest losers.
----- Original Message ----- From: "Mark Humphries" <[EMAIL PROTECTED]> To: "'rhys hodge'" <[EMAIL PROTECTED]>; <[email protected]> Sent: Saturday, November 24, 2007 11:08 AM Subject: Re: [LU] Luton and HMRC (was The Blackwell of Calculta) > This is how I understood it too. > > Unfortunately I think this will mean that clubs will settle any HMRC debt > prior to going into admin, thus avoiding the extra 15 point penalty, which > means less in the pot for the other ordinary creditors. > > I hope Luton do owe HMRC because it will clear up the position of HMRC wrt > to CVAs, but also because it will mean another 15 points off Luton! > > Bitter, moi? > >> -----Original Message----- >> From: [EMAIL PROTECTED] [mailto:leedslist- >> [EMAIL PROTECTED] On Behalf Of rhys hodge >> Sent: 23 November 2007 21:22 >> To: [email protected] >> Subject: Re: [LU] Luton and HMRC (was The Blackwell of Calculta) >> >> My Understanding is that they have made it known that they will appeal >> to the Courts any CVA where they don't have the 25% to block. depending >> on what Luto owe it will either be a blocked CVA or an appeal to the >> Courts, what Luton then do and the Football Leagues response that will >> be interesting. >> >> >> ----- Original Message ---- >> From: "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> >> To: [EMAIL PROTECTED] >> Cc: leedslist <[email protected]> >> Sent: Saturday, 24 November, 2007 7:59:15 AM >> Subject: [LU] Luton and HMRC (was The Blackwell of Calculta) >> >> As best I know it - >> HMRC policy is to vote against a CVA:- IF football creditors will >> effectively be given preferential treatment. HMRC can't block the CVA >> unless >> they are owed more than 25% of the debt. If owed less than 25% they >> would >> still vote against it but would not be able to block it, voting alone. >> The >> decision to vote against it turns on whether or not football creditors >> are >> given preferential treatment. >> >> Of course if they are annoyed with any of the arrangements for any >> other >> reasons then they might opt to challenge via the courts but that is a >> separate decision. >> >> >> ----- Original Message ----- >> > Because they are yet to attempt to come out of admin via a CVA. If >> they >> > do come out via a CVA then they wont be deducted the extra 15 points. >> > >> > What will be interesting is if they owe HMRC any dosh, because if >> they do >> > will HMRC challenge the CVA as they have (allegedly) said they would? >> >> _______________________________________________ >> the Leeds List is an unmoderated mailing list and the list >> administrators accept no liability for the personal views and opinions >> of contributors. >> Leedslist mailing list >> [email protected] >> http://list.zetnet.co.uk/mailman/listinfo/leedslist >> DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!! >> DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!! >> _______________________________________________ >> the Leeds List is an unmoderated mailing list and the list >> administrators accept no liability for the personal views and opinions >> of contributors. >> Leedslist mailing list >> [email protected] >> http://list.zetnet.co.uk/mailman/listinfo/leedslist >> DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!! >> DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!! > > > > _______________________________________________ > the Leeds List is an unmoderated mailing list and the list administrators > accept no liability for the personal views and opinions of contributors. > Leedslist mailing list > [email protected] > http://list.zetnet.co.uk/mailman/listinfo/leedslist > DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!! > DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!! _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!! DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!!
