UK time is: 19:24:59
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

RUFC could lose League Status

Rotherham United face the prospect of losing their Football League status if creditors fail to vote for a Company Voluntary Arrangement is The Advertiser's glum report today.

Unless the buyer of the club agrees to buy it as a going concern and pay all debts in full the next stage will be to get a CVA which would allow the club to leave administration like the one that the Coleman/Maccio reign successfully accomplished two years ago.

A CVA would mean that the club could continue to trade and gather funds that would then be distributed amongst the creditors. Seventy-five per cent of the total debt pot have to agree to this and it is thought that the Inland Revenue won't do this. In that case a CVA could not go ahead and the Administrator would sell to the highest bidder who would then have to reach an agreement with the creditors.

This would be in breach of Football League regulations and the club would then lose the Football League share which means they could, at the least, have to start next season on minus fifteen points or, at worst, lose their football league status.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: Herringthorpe  Mail feedback, articles or suggestions

Date:Friday April 11 2008

Time: 8:18AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Rotherham United Articles

RUFC - Evans 'Becchio Deserved Goal' (Saturday September 20 2014)

RUFC - Gaffer Delighted With Second Half (Saturday September 20 2014)

Another Point At Home For Millers (Saturday September 20 2014)

Millers v Addicks Preview (Saturday September 20 2014)

RUFC - Evans Says Brandy Will Be Back (Friday September 19 2014)

Archived Rotherham United Articles

List All Vital Rotherham Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. rybel_b 867
2. herringthorpe 751
3. sixpence 436
4. miller4life 237
5. mos60 43
6. mvmiller 30
7. Millie Miller 24
8. nearlyataff 19
9. nogginthenog 15
10. axholme 14

League Results (view all)

League Table (view table)

Team P W D L GD Pts
16. Cardiff 8 2 3 3 -1 9
17. Wigan 7 2 2 3 1 8
18. Brighton 8 2 2 4 -2 8
19. Rotherham 8 2 2 4 -4 8
20. Birmingham 8 1 4 3 -7 7
21. Bolton 8 1 2 5 -6 5
22. Huddersfield 8 1 2 5 -11 5

Breaking League News

Fulham v Doncaster Team-Sheets
Fulham : 23/09/2014 19:16:00
LUFC Norwich City (a) - Ticket Information
Leeds Utd : 23/09/2014 19:12:00
Millers Reserves Win First Home Game Of Season
Rotherham : 23/09/2014 19:00:00
Keogh Extends Deal
Derby County : 23/09/2014 18:35:00
Chelsea Q&A Match Preview
Bolton : 23/09/2014 18:00:00

Current Site Poll (view all polls)

Who Should Start In Goal Against Ipswich?
Suggested By:  
Adam Collin 51%
Scott Loach 16%
They Are Both As Good As Each Other 33%