UK time is: 02:01:38
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

Not only us confused over the bond then
herringthorpe
Is any of the money owed to HMRC? Don't rate your chances if it is unfortunately.
monkeyg
We owe the taxman yes.
herringthorpe
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
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
Nowt's ever straight forward with RUFC though!!!
TheVillager
the taxman must get his way..........funny that they can mess up and nothing happens....
ernshaw
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
 

Have Your Say

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

Recent Rotherham United Articles

Stats: Swansea City v Rotherham United (Wednesday August 27 2014)

RUFC - Sadler Injury (Wednesday August 27 2014)

RUFC - Wordsworth 'It Was Hard Work' (Tuesday August 26 2014)

Millers v Swans Preview (Tuesday August 26 2014)

RUFC - Head-to-Head v Swansea (Monday August 25 2014)

RUFC - Ref Watch v Swansea City (Monday August 25 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 1277
2. herringthorpe 958
3. sixpence 583
4. miller4life 291
5. mos60 80
6. mvmiller 38
7. Millie Miller 30
8. nogginthenog 29
9. nearlyataff 20
10. axholme 20

League Results (view all)

Latest Results
Rotherham 1 - 0 Wolves
Rotherham 0 - 2 Watford
Millwall 0 - 1 Rotherham
Derby County 1 - 0 Rotherham

League Table (view table)

Team P W D L GD Pts
11. Bournemouth 4 2 0 2 3 6
12. Middlesbrough 4 2 0 2 1 6
13. Brighton 4 2 0 2 1 6
14. Rotherham 4 2 0 2 -1 6
15. Brentford 4 1 2 1 0 5
16. Birmingham 4 1 2 1 -1 5
17. Ipswich 4 1 1 2 -1 4

Breaking League News

Boss delighted to progress
Middlesbrough : 28/08/2014 01:59:00
Anfield test for Boro
Middlesbrough : 28/08/2014 01:47:00
Owls handed Manchester City cup clash
Sheff Wed : 28/08/2014 00:09:00
PWU Latics Podcast - We Have Our Own App!
Wigan : 27/08/2014 23:18:00
Brighton Get Burton In The Third Round
Brighton : 27/08/2014 22:51:00

Current Site Poll (view all polls)

Capital One Cup - If you don't want it seeded would you like it 'regionalised'?
Suggested By:  
No I wouldn't like that 11%
Yes that would be a better idea 67%
Leave it as it is 22%