UK time is: 11:46:22
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 Articles

RUFC - Evans Going Dutch (Friday April 18 2014)

Millers v Wolves Preview (Friday April 18 2014)

RUFC - Adams 'Exciting Times' (Friday April 18 2014)

RUFC - Alan Lee, Alan, Alan, Alan Lee (Thursday April 17 2014)

RUFC - Skipper Looking For Commitment (Thursday April 17 2014)

Archived 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 622
2. herringthorpe 512
3. sixpence 258
4. mos60 94
5. MILLER NEZ 41
6. nearlyataff 37
7. Millie Miller 29
8. mvmiller 19
9. axholme 17
10. nogginthenog 15

League Results (view all)

League Table (view table)

Team P W D L GD Pts
1. Wolves 42 28 9 5 51 93
2. Brentford 42 26 9 7 29 87
3. Leyton Orient 42 23 11 8 39 80
4. Rotherham 42 22 13 7 28 79
5. Preston 42 21 16 5 23 79
6. Peterborough 42 21 4 17 10 67
7. Swindon 42 17 9 16 5 60

Breaking League News

Team News v Colchester
Oldham : 18/04/2014 10:57:00
Team News v Port Vale
MK Dons : 18/04/2014 10:55:00
Team News v Tranmere
Gillingham : 18/04/2014 10:54:00
Team News v Leyton Orient
Crawley : 18/04/2014 10:51:00
Team News v Peterborough
Bradford : 18/04/2014 10:51:00
Team News v Walsall
Carlisle : 18/04/2014 10:49:00
RUFC - Millers Boss On England Game
Rotherham : 18/04/2014 09:08:00

Current Site Poll (view all polls)

Which of these loanees would you like to see back next season
Suggested By:  
James Tavernier 65%
Haris Vuckic 7%
Miles Addison 7%
Richie Smallwood 7%
Tom Hitchcock 14%
None 0%