Date:Thursday July 10 2008
The Football League have met today to consider the current circumstances of the clubs that are in administration - one of these being Rotherham United.
The statement on the Football League Official Board is:
Preliminary information was received from a new company that wishes to take Rotherham United's place in League Two.
The new company has not yet submitted a complete application to The League, although it has indicated that it would wish to play the club's matches at the Don Valley Stadium in Sheffield.
To assist the new company in completing its application, the Board decided to remind it that a club is ordinarily required to play its matches in its existing town. Clubs can be permitted to play in other locations on a temporary basis while a new ground is being built or developed.
In Rotherham United's case, if the new company were to confirm an application to play elsewhere on a temporary basis then before giving permission the Board would require it to agree to return to Rotherham within a period of four years and also to lodge an irrevocable bond of £750,000.
The new company is also reminded that all football creditors must be paid in full. In Rotherham's case, the Board was told that this includes an outstanding debt to the Football Stadia Improvement Fund.
The new company would also be required to determine its proposed course of action before the start of the coming season. In the event that the Board receives a complete application from the new company it reserves the right to impose further conditions.
With regards the other two clubs - Bournemouth - the board decided to defer discussions until all the paper work had been handed in
Luton - It looks like they could be given a 20 points deduction
Date:Thursday July 10 2008
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