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Pompey relegated without even playing !!


bender

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So a definite is (well should be) Pompey bottom of league 2 on -10 at the start of next season.

 

A possibility is.....

 

Eastleigh get promoted to Conference via BSS play-offs, and start the season just 5 (five) places in the league pyramid lower than the skates. 5 Places!

 

Hargh!

 

WTFILN?

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Key question... Is diluting a failed CVA an "insolvency event"?

 

Football League rules state that...

 

Insolvency Event' refers to any one of the following:

 

(a) entering into a Company Voluntary Arrangement pursuant to Part 1 of the Insolvency Act, a Scheme of Arrangement with creditors under Part 26 of the 2006 Act, or any compromise agreement with its creditors as a whole

 

Like diluting a failed CVA?

 

................................

 

12.3.1 If any Club becomes subject to or suffers an Insolvency Event, that Club shall be deducted 10 points.

 

It then goes on to say...

 

12.3.4 Where the circumstances set out in Regulation 12.3.3(b) apply and at the end of that Season, having regard to the number of championship points awarded (ignoring any potential deduction):

 

(a) the Club would be relegated in accordance with Regulation 10.1.2(b) or 7.3, the points deduction will apply in the next following Season (including in the Football Conference if appropriate); or

 

(b) the Club would not be relegated as aforesaid, the points deduction will apply in that Season and Regulation 10.1.2(b) or 7.3 will then apply (if appropriate) following imposition of the points deduction.

 

http://www.football-league.co.uk/regulations/20120702/section-3-the-league_2293633_2125717

 

The place to email and ask...

 

enquiries@football-league.co.uk

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Stunningly wonderful news. -10 and low gate receipts will hopefully see them drop through the trapdoor of L2 too - would love to see them getting horse-whipped at Eastleigh. hahaha.

 

I'd go to that game. Really, I would. Then walk over the road, get plssed at the Concorde and stay in their hotel overnight.

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