UK time is: 16:59:35
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

RUFC - Creditors Decision Imminent

Rotherham United Chief Executive, Paul Douglas has told Radio Sheffield that a decision from the creditors on whether or not to accept their CVA is imminent. If the creditors decide to reject the deal then the Millers will start on minus points next season

'I think an announcement regarding the CVA won't be any later than early next week,' Mr Douglas said.

Responding to the statement from the Football League yesterday, Mr Douglas said, 'The content of the statement didn't surprise us. We were aware that certain items of documentation were still needed. But the timing of the statement didn't help us.'

The Football League have stated that the Millers will have to forfeit a bond of 750,000 which Mr Douglas says still has to be discussed.

'Whether the money would have to be lodged before we move or whether it's something that would be a legally binding commitment by the club that we would have to pay if we don't move back to Rotherham in four years we shall have to talk about.'




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



Click here to join in the debate on the club forum.

The Journalist

Writer: Herringthorpe  Mail feedback, articles or suggestions

Date:Friday July 11 2008

Time: 5:02PM

Your Comments (oldest first)

Change to most recent first
Not only us confused over the bond then
herringthorpe
Report Abuse
11/07/2008 17:43:00

Is any of the money owed to HMRC? Don't rate your chances if it is unfortunately.
monkeyg
Report Abuse
11/07/2008 21:08:00

We owe the taxman yes.
herringthorpe
Report Abuse
11/07/2008 22:02:00

It gets more confusing by the moment folks, you have my simpathy, If not for those who got you in the mess.
C T E
Report Abuse
12/07/2008 09:33:00

But it's going to be alright - the club keep telling us so! Mind, this is the same club who said we were stopping at Millmoor and who said all the paperwork had been sorted for Don Valley.....
herringthorpe
Report Abuse
12/07/2008 13:49:00

Nowt's ever straight forward with RUFC though!!!
TheVillager
Report Abuse
12/07/2008 18:56:00

the taxman must get his way..........funny that they can mess up and nothing happens....
ernshaw
Report Abuse
14/07/2008 12:39:00

exactly, ernshaw - you owe them money and they want it straight away, they owe you money and you get it at the start of the next tax year
herringthorpe
Report Abuse
14/07/2008 14:38:00

 

Have Your Say

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

Recent Rotherham United Articles

RUFC - Hunt Signs In (Friday January 30 2015)

RUFC - Evans Not Getting Carried Away (Friday January 30 2015)

RUFC - Evans Explains Brindley Loan (Friday January 30 2015)

RUFC - Evans 'Sammon Great For Us' (Friday January 30 2015)

RUFC - Ref Watch v Charlton (Thursday January 29 2015)

RUFC - Head-to-Head v Charlton Athletic (Thursday January 29 2015)

RUFC New arrival? (Thursday January 29 2015)

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 1401
2. herringthorpe 1216
3. sixpence 554
4. mos60 57
5. miller4life 30
6. Millie Miller 28
7. mvmiller 26
8. axholme 23
9. nogginthenog 15
10. sthelensmiller 11

League Results (view all)

League Table (view table)

Team P W D L GD Pts
17. Charlton 27 6 14 7 -10 32
18. Reading 27 8 7 12 -11 31
19. Brighton 27 6 11 10 -5 29
20. Rotherham 27 6 11 10 -10 29
21. Leeds Utd 26 6 8 12 -11 26
22. Millwall 27 5 9 13 -19 24
23. Wigan 27 4 9 14 -10 21

Breaking League News

Smith Misses Wembley Final!
Fulham : 30/01/2015 16:41:00
Karanka confident of no departures
Middlesbrough : 30/01/2015 16:27:00
Boro head wing chase
Middlesbrough : 30/01/2015 16:22:00
Daryl Murphy Misses Out Against Wigan
Ipswich : 30/01/2015 16:15:00
Newcomer targeting better times
Middlesbrough : 30/01/2015 16:03:00

Current Site Poll (view all polls)

Should FA Cup Replays Be Scrapped?
Suggested By:  
Yes 45%
No 35%
Not Sure 20%