Vital Football

Latest Rotherham United News

RUFC - Creditors Decision Imminent

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.'



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

Writer:Herringthorpe
Date:Friday July 11 2008
Time: 5:02PM

Comments

0
Not only us confused over the bond then
herringthorpe
11/07/2008 17:43:00
0
Is any of the money owed to HMRC? Don't rate your chances if it is unfortunately.
monkeyg
11/07/2008 21:08:00
0
We owe the taxman yes.
herringthorpe
11/07/2008 22:02:00
0
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
12/07/2008 09:33:00
0
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
12/07/2008 13:49:00
0
Nowt's ever straight forward with RUFC though!!!
TheVillager
12/07/2008 18:56:00
0
the taxman must get his way..........funny that they can mess up and nothing happens....
ernshaw
14/07/2008 12:39:00
0
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
14/07/2008 14:38:00
Page 1/1
  1. 1

Login to post a comment

Recent Rotherham United Articles

RUFC - Fifty Applicants For Managers Job

Millers Chairman says people are putting their names in the hat for vacant job

RUFC - Warney 'It's Nice That I've Got Respect And Backing'

Warney happy to be in Chairman's mind for permanent job

RUFC - Will You Be There Next Season?

Will the Millers going down make you less likely to watch them?

RUFC - Worcester Take Two Millers On Loan

Two young Millers out on loan at the Victoria Ground

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:
Fulham82%
The Owls - live on TV4%
Wigan 4%
Birmingham4%
Reading0%
Ipswich2%
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
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

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.herringthorpe324
2.sixpence198
3.mos6026
4.axholme19
5.miller4life15
6.Millie Miller14
7.Marky7913
8.nogginthenog12
9.mvmiller10
10.gingetobeamiller2
Vital Football Comment