Vital Football

Latest Rotherham United News

RUFC could lose League Status

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.

Writer:Herringthorpe
Date:Friday April 11 2008
Time: 8:18AM

Login to post a comment

Best of Vital Network

Recent Rotherham United Articles

Vital Rotherham Man Of The Month - March

Just four games in March so who gets the Man of the Month title . . . .

RUFC - Ticket Update

What tickets are on sale for Millers fans

RUFC - Carlton Champing At The Bit

New boy hoping to make, and take, chances in last eight games

RUFC - Defender 'We Need To Take More Responsibility'

Ajayi wants to work hard for Warney

Archived Vital Rotherham Articles

Vital Rotherham articles from

Site Journalists

Herringthorpe
Editor email
Profile
baldtobeamiller
no email
Profile

Current Poll (see more polls)

Who Will Send Us Down
Suggested By:
Fulham78%
The Owls - live on TV9%
Wigan 3%
Birmingham3%
Reading0%
Ipswich3%
Preston0%
We'll hang on until the last game (Derby)4%

League Table

# Team P W D L Pts. GD
1 Newcastle 38 24 6 8 78 38
2 Brighton 38 23 8 7 77 30
3 Huddersfield 37 22 5 10 71 4
4 Leeds Utd 38 21 6 11 69 16
5 Reading 38 20 7 11 67 2
6 Sheff Wed 38 18 8 12 62 9
7 Fulham 38 16 13 9 61 19
8 Norwich 38 16 9 13 57 9
9 Preston 38 15 12 11 57 6
10 Derby County 38 14 11 13 53 3
11 Barnsley 38 14 9 15 51 0
12 Aston Villa 38 13 12 13 51 0
13 Cardiff 38 14 9 15 51 -1
14 Brentford 38 14 8 16 50 3
15 Q.P.R. 38 14 8 16 50 -5
16 Wolves 37 12 9 16 45 -2
17 Ipswich 38 10 15 13 45 -9
18 Birmingham 38 11 12 15 45 -16
19 Bristol City 38 11 8 19 41 -3
20 Forest 38 11 8 19 41 -11
21 Burton 38 10 11 17 41 -14
22 Blackburn 38 9 13 16 40 -11
23 Wigan 38 8 10 20 34 -13
24 Rotherham 38 4 5 29 17 -54
Vital Football Comment
Latest F1 News
Latest Vital Boxing News
Write for Vital Football

Recent Rotherham United  Results (view all)

Rotherham United  Fixtures (view all)

Apr 1 2017 3:00PM : Fulham (H)
Sky Bet Championship
Apr 4 2017 7:45PM : Sheffield Wednesday (H)
Sky Bet Championship
Apr 8 2017 3:00PM : Wigan Athletic (a)
Sky Bet Championship
Apr 14 2017 3:00PM : Birmingham City (H)
Sky Bet Championship
Apr 17 2017 3:00PM : Reading (a)
Sky Bet Championship
Apr 22 2017 3:00PM : Ipswich Town (H)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.herringthorpe366
2.sixpence232
3.mos6036
4.Marky7920
5.axholme19
6.miller4life17
7.nogginthenog14
8.Millie Miller14
9.mvmiller10
10.gingetobeamiller2
The Vital Football Members League