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League deduct 10 Points - Will apply in L1 Next Season


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Posted
I'm Norwegian and just got the bad news. After I just finished crying my eyes out I just had to post.

 

Surely finding out you're Norwegian isn't that bad?

Posted
The only difference between this scenario and what actually occurred is that Leon Bloody Best missed a penalty kick :mad: (excuse the hyperbole)

 

I thought it was Idiakez, but I had spent the day in The Brunswick and The Victoria...

Posted

Starting on -10 shouldn't make much difference as long as we get a buyer. We should be able to put together a strong enough squad to compete at top/middle level. Promotion was never really going to be likely so in that rspect it's not relevant and I would think we should be able to finish at least 10 points above the drop zone.

Posted

The 10 point penalty IS unfair and should be contested.

 

As I understand it, the penalty is there to discourage clubs from ‘buying’ promotion with money they do not really have thereby gaining advantage over clubs that are more circumspect.

 

But surely, our only offence is failure – and administration and relegation are punishment enough.

 

Businesses invest in order to expand; that is the nature of the beast. Many fail, but others succeed and are rewarded. If our investment in players had led to promotion to the Premiership the rewards would have been colossal but we would still have committed the offence for which we are now being punished.

 

Therefore, if the league is to be consistent and fair, they should send in their forensic accountants to look at the books of the clubs that have GAINED promotion to see if THEY used money they could not really afford - and dock them 10 points if they decide that they have.

 

Apologies for wasting your time if this argument has already been made.

Posted
The 10 point penalty IS unfair and should be contested.

 

As I understand it, the penalty is there to discourage clubs from ‘buying’ promotion with money they do not really have thereby gaining advantage over clubs that are more circumspect.

 

I think that we may have done exactly that in the playoff season.

Posted

I think yesterday's result reduces the likelihood of a protracted appeal. The difference in value between a club in League 1 and a club in League 1 with -10 points will be a lot less than the difference in value between a club in the CCC and a club in league 1, IMHO.

 

Still think an initial appeal is essential, as the league's reasoning was nonsense.

Posted
Finnish outside the dropzone this season and we lose the 10 points this season. Finnish in the drop zone this season and we lose the 10 points next season.

 

So we were screwed either way? Seems a bit off. If the "offence" was commited now surely the points should be docked now? B*astards!

Posted
So we were screwed either way? Seems a bit off. If the "offence" was commited now surely the points should be docked now? B*astards!

This was agreed by all the clubs so it's a bit rich to complain about it now. That's why there's a cut-off date in March.

Posted
This was agreed by all the clubs so it's a bit rich to complain about it now. That's why there's a cut-off date in March.

 

It was also agreed that only the CLub (which according to the rules (and not the FL's current imaginative extension of them) is SFC Limited) going into insolvency proceedings would result in a points penalty. Seems with the Football League that rules decided by the clubs are only to be abided by when they get them to where they want to be.

Posted
It was also agreed that only the CLub (which according to the rules (and not the FL's current imaginative extension of them) is SFC Limited) going into insolvency proceedings would result in a points penalty. Seems with the Football League that rules decided by the clubs are only to be abided by when they get them to where they want to be.

I agree. I was only referring to the way that the sanction is applied. There is another part to the rules that allows the League to apply any sanction that they see fit, for any breach that they might dream up.

Posted

Quote:

Originally Posted by SW11_Saint

 

Have any other club had this type of clause in their 10 point deduction?

 

 

 

We all knew that we would have the deduction for going into administration. We even knew about the deadline so Lowe could and should have made sure we did the deed before the deadline. His blaming the bank is just a copout and I believe most people know it.

Posted
I think that we may have done exactly that in the playoff season.

 

But my point is that we are being punished for doing it and FAILING.

 

Why should the league not investigate the clubs that have done it and SUCCEEDED?

 

Those clubs have committed the same offence but have reaped huge rewards with promotion to the Premiership i.e. they have done exactly the thing that the rule is intended to discourage, but have got away with it and profited by it.

 

Surely, theirs is the greater sin.

Posted

I believe deep down the -10-points will not apply come August 2009!

 

Don't ask me why but I think we have a get out clause hidden in the agenda!

 

We'll walk this league!

Posted
I believe deep down the -10-points will not apply come August 2009!

 

Don't ask me why but I think we have a get out clause hidden in the agenda!

 

We'll walk this league!

 

I dont and I think you will be lucky if its only minus 10 as you still have to survive the CVA deduction

Posted

Wacky theory alert....(apologies if this has already been suggested by someone as equally bereft of reality as oneself... ;) )

 

Let's say that the Football League, having 'forensically examined' our accounts, concluded that they (the Football League) didn't have a leg to stand on legally....

 

However, they decided that they would dock the points anyway so that, in the event of a successful appeal by SFC, they could turn around to the other miffed clubs and say: "well, at least we tried".

 

If they had simply decided not to dock us any points they would have come under all sorts of fire from various quarters.

 

So, it's a "win win" for them to go for the penalty option regardless of the outcome....

 

Perhaps?

Posted
I dont and I think you will be lucky if its only minus 10 as you still have to survive the CVA deduction

 

CVA only applies in a voluntary administration. Keep up that was explained to us weeks ago

Posted

J

CVA only applies in a voluntary administration. Keep up that was explained to us weeks ago

 

Phil, there's no such thing as voluntary admin. Just admin.

 

CVA is another form of insolvency proceedings which can be used as an exit from an admin. However, if SFC stay out of admin (whatever the league say, the fact is SFC isn't in admin - it's like being pregnant, you either are or you're not) there will be no need for a CVA so the league shouldn't be able to deduct points. Though that hasn't stopped them so far...

Posted
CVA only applies in a voluntary administration. Keep up that was explained to us weeks ago

 

It does apply and if any money is owed to the tax man, a further 17 points will be taken off next season.

Posted
J

 

Phil, there's no such thing as voluntary admin. Just admin.

 

CVA is another form of insolvency proceedings which can be used as an exit from an admin. However, if SFC stay out of admin (whatever the league say, the fact is SFC isn't in admin - it's like being pregnant, you either are or you're not) there will be no need for a CVA so the league shouldn't be able to deduct points. Though that hasn't stopped them so far...

 

OK so i was pretty much right then... shouldn't be a need for a CVA

 

Couldn't find the original thread but knew we should be ok if the buyers pay off HMRC and get an agreement with Barclays & Aviva & FL. Cannot see a local supplier wanting to not agree some sort of deal one way or the other

Posted
OK so i was pretty much right then... shouldn't be a need for a CVA

 

Couldn't find the original thread but knew we should be ok if the buyers pay off HMRC and get an agreement with Barclays & Aviva & FL. Cannot see a local supplier wanting to not agree some sort of deal one way or the other

 

Yeah pretty much. Unfortunately the league seem to be a law unto themselves.

Posted
OK so i was pretty much right then... shouldn't be a need for a CVA

 

Couldn't find the original thread but knew we should be ok if the buyers pay off HMRC and get an agreement with Barclays & Aviva & FL. Cannot see a local supplier wanting to not agree some sort of deal one way or the other

 

SLH PLC will need to sort out a CVA at some point (won't they???).

 

And as the League have already declared that SFC Ltd and the PLC are one and the same, and that the other provisions of their insolvency policy apply, then any fall out from the PLC's CVA will impact on the football club.

 

If we don't get the CVA approved, then just as we got -10 for administration, we will be getting a further -15 as a result of that..

Posted
If we wait a year we'll be League 2 champions

 

We'll get exiting opponents like Dag & Red, and Grimsby! Oh no wait: They will by then be in the league above us.

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