Looks like ye will see a rerun at Luton as they have taxman debts of over £2m 
out of about ten in total.  All eyes on HMRC. Betty


----- Original Message ----------------
>From : Sean Emmott <[EMAIL PROTECTED]>
To : Steve Gillen <[EMAIL PROTECTED]>
Cc : Mike <[EMAIL PROTECTED]>, Leeds List <[email protected]>, Steve 
Mosley <[EMAIL PROTECTED]>
Sent : 27/11/2007 11:41:58 AM
Subject : Re: [LU] Luton and HMRC (was The Blackwell of Calculta)
Priority : Normal

LUFC1919 went into admin and get deducted 10 points. They keptthe golden
share.

The vote at the CVA was that the assests of LUFC 1919 (owned by Ken Bates)
are transferred to LUFC 2007 (owned by Ken Bates).  Astor Holdings, an
anonymous off shore tryst have the vast majority of votes and threate to
exercise their ability to block any other outcome of the CVA.

HMRC stated they would challenge this.  Court hearings were set for after
the start of the new season. The CVA had not been completed.

LUFC2007 apply to the FL for the golden share.

As the CVA had not been completed, the FL agreed to the transfer of the
golden share from LUFC1919 to LUFC 2007, but inposed a 15 point penalty as
this was done under the "exceptional circumstances" rule.

The motives behind the relevant decisions above have been debated on here
ad infinitum, and I think it's probably safer not to revisit them as those
debates created a poisonous atmosphere on the list.

- Sean
+26



_______________________________________________
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!!!!

Reply via email to