The_Lizards_Jumpers
Well-known member
We are shooting up the table without even winning any games. Warnock has the golden touch.
Yep, he's amazing - our greatest manager in the last 20 years.
We are shooting up the table without even winning any games. Warnock has the golden touch.
Didn’t Villa sell their ground too ??
What odds on Neil Bauser being player of the season by being one of only 6 CEOs to keep the club out of administration, thus allowing us to reach the play offs?We are shooting up the table without even winning any games. Warnock has the golden touch.
So what you are saying is, it is in the rules that a team can go into administration and will be docked 12 points.Going into administration IS breaking the EFL rules.
12. Sporting Sanctions
Introduction
The following Regulation provides for how sporting sanctions will be applied to Clubs when the Club, or any Group Undertaking, becomes subject to or suffers an Insolvency Event, and also makes provision for an appeals mechanism, but only on the grounds of ‘Force Majeure’.
By way of clarification the following are identified as circumstances which it is intended would be embraced under the category of ‘Force Majeure’. It is intended that this appeals process should be limited to circumstances which are deemed unforeseeable and unavoidable. In all these examples, each case would have to be considered on its own merits:
Club Income: In the event that a club suffers material adverse effects upon the loss of anticipated income streams which mean that it is unable to meet its liabilities as and when they fall due. This could only be grounds for appeal, however, if the loss occurs during the currency of a binding agreement (i.e. not upon expiry).
Default by another Club: In circumstances where an insolvency event is caused by the default of another football club. Once again, however, for this to constitute legitimate grounds for appeal, the outstanding payments must be significant enough to have had a material and adverse effect upon the Club.
12.1 If any Club becomes subject to or suffers an Insolvency Event, that Club shall be deducted 12 points.
EFL Official Website - Section 3 - The League
www.efl.com
Is it to prevent gaining unfair financial advantage, possibly, depends on the circumstances. If a club falls into administration because over a prolonged period of time their outgoings are bigger than their incoming and beyond any available credit, then they have overspent and had access to playing staff that they can't afford.
I'm saying it is a breach of the rules, and the sanctions for that breach are clearly defined. You don't get sanctioned for staying within rulesSo what you are saying is, it is in the rules that a team can go into administration and will be docked 12 points.
No the 12 points would be carried over to next season and we would get a transfer ban. We would also carry our debts into the next 2 FFP calculations so could end up worse.To my knowledge mfc are in debt , can we go voluntarily into administration if say we look like we missing out on playoffs but be fairly safe with 12pts deducted. and pay off our creditors at a agreed but reduced rate?