Isn't the golden shower removed as soon as a club goes into admin?  And is
only returned on completion of a cva, or after a punitive 15 point penalty?

> -----Original Message-----
> From: [EMAIL PROTECTED] [mailto:leedslist-
> [EMAIL PROTECTED] On Behalf Of Steve Mosley
> Sent: 24 November 2007 14:48
> To: 'Mike'; [EMAIL PROTECTED]; 'Leeds List'
> Subject: Re: [LU] Luton and HMRC (was The Blackwell of Calculta)
> 
> Hmmm...  I still think there is some confusion about the additional 15
> point
> penalty and the HMRC thing.  The prospects for Luton appear to be:
>       
> 1.  Administration - potentially an unfair advantage, therefore
> standard 10
> point penalty (already happened).
> 
> Then depending on what happens next:
> 
> Option 1:  Club is bought, all footballing debts are paid and HMRC are
> paid,
> golden share was never removed so life continues as normal, no further
> penalty.



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DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!!
DELETE THE FOOTERS WHEN REPLYING YOU LAZY SODS!!!!

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