Stadio Delle Almondvale Posted November 25, 2008 Share Posted November 25, 2008 The way I look at Chris Innes. All this couldn't have happened to a nicer person B) . The guys a fuckin arsehole. Have you ever met him? 0 Quote Link to comment Share on other sites More sharing options...
Tonsilitis Posted November 25, 2008 Share Posted November 25, 2008 There are mechanisms in place that would allow the club a moratorium of between 4 and 6 weeks during which time no one can take any action against it. The only way the club can organise that is through an administration order. A creditors moratorium is informal and binds the creditors to nothing. My information is that there will be an admin order imminently. 0 Quote Link to comment Share on other sites More sharing options...
Livi Posted November 25, 2008 Share Posted November 25, 2008 My information is that there will be an admin order imminently. My information is your talking shite 0 Quote Link to comment Share on other sites More sharing options...
Swampy Posted November 25, 2008 Share Posted November 25, 2008 No idea. There just seems to be something strange about the whole thing. It's two complete opposites coming from the club compared to the media and creditors. To be fair that's hardly unprecedented at Livi, is it? 0 Quote Link to comment Share on other sites More sharing options...
Tonsilitis Posted November 25, 2008 Share Posted November 25, 2008 My information is your talking shite We'll just have to see. I thought it was happening this week but it may be that it is deferred for a week or two thanks to the league hand out. 0 Quote Link to comment Share on other sites More sharing options...
Jamie_B Posted November 25, 2008 Share Posted November 25, 2008 Dunno if it is mentioned in this thread, but Livi were due in court today for a small claims matter involving insolvency specialists Wilson Field - see http://www.scotcourts.gov.uk/rolls/sheriff...081125.htm#SMCL Anyone know what this was about? 0 Quote Link to comment Share on other sites More sharing options...
lividihard Posted November 25, 2008 Share Posted November 25, 2008 believe it is either to do with the game that gretna held at our ground or they were the brokers between the pearse flynn sale to the italians, nobody is really sure 0 Quote Link to comment Share on other sites More sharing options...
Guest el bawbag Posted November 25, 2008 Share Posted November 25, 2008 (edited) EDIT: beat me to it! Edited November 25, 2008 by el bawbag 0 Quote Link to comment Share on other sites More sharing options...
Jamie_B Posted November 25, 2008 Share Posted November 25, 2008 Presumably Livi owe Wilson Field a sum of money somewhere between £1 and £4999 in that case, and have defaulted on it repeatedly for it to get this far? 0 Quote Link to comment Share on other sites More sharing options...
Alibi Posted November 25, 2008 Share Posted November 25, 2008 Presumably Livi owe Wilson Field a sum of money somewhere between £1 and £4999 in that case, and have defaulted on it repeatedly for it to get this far? Wilson Field are the liquidators (previously administrators) of Gretna FC. If they are pursuing a case against Livvy and it is connected with Gretna FC, presumably Livvy owed money to Gretna FC and haven't paid it. Of course it may be totally unconnected with Gretna. 0 Quote Link to comment Share on other sites More sharing options...
Livi Posted November 25, 2008 Share Posted November 25, 2008 We'll just have to see. I thought it was happening this week but it may be that it is deferred for a week or two thanks to the league hand out. That comment in its self is alot of shite. IF Livi are in the debt that has been reported the league handout will hardly cover it. Back to school please, and butt out of other clubs business that you clearly have no understanding of. 0 Quote Link to comment Share on other sites More sharing options...
KingfaetheSooth Posted November 25, 2008 Share Posted November 25, 2008 I think that naughty Livingston FC have not paid Gretna's administrators/liquidators the money they took at the gate for the Gretna games played at Almondvale last season, minus whatever Livingston charged in rent. Who owns Livingston's ground? Chickens coming home to roost...... 0 Quote Link to comment Share on other sites More sharing options...
Guest el bawbag Posted November 25, 2008 Share Posted November 25, 2008 Who owns Livingston's ground? WL council 0 Quote Link to comment Share on other sites More sharing options...
KingfaetheSooth Posted November 25, 2008 Share Posted November 25, 2008 It's almost as if these latest Italian owners of Livingston FC don't know what they are doing and don't have the future of West Lothian football at heart.... ! :lol: There must have been some scam that the Italians saw to make money that has now disappeared down the tubes. I'd be chasing very hard at the moment if I was owed money by Livingston FC to try and get a small wedge of the £10K they've received from the league. Wouldn't be holding out much hope though!! 0 Quote Link to comment Share on other sites More sharing options...
TAFKAC Posted November 25, 2008 Share Posted November 25, 2008 (edited) I think that naughty Livingston FC have not paid Gretna's administrators/liquidators the money they took at the gate for the Gretna games played at Almondvale last season, minus whatever Livingston charged in rent. Who owns Livingston's ground?Chickens coming home to roost...... Go on son, go outside and play. I'm sure your mummy will call you in when tea's ready and Home and Away comes on. You need a hobby away from the computer. Edited November 25, 2008 by TAFKAC 0 Quote Link to comment Share on other sites More sharing options...
KingfaetheSooth Posted November 25, 2008 Share Posted November 25, 2008 Go on son, go outside and play. I'm sure your mummy will call you in when tea's ready and Home and Away comes on.You need a hobby away from the computer. Says the Lavvie fan who lives in the cleyhole. Some people work online. 0 Quote Link to comment Share on other sites More sharing options...
AND180Y Posted November 25, 2008 Share Posted November 25, 2008 The only way the club can organise that is through an administration order. A creditors moratorium is informal and binds the creditors to nothing. My information is that there will be an admin order imminently. The club can organise this very easily by an application to the court, which will be granted as a matter of course. The club then has the option to propose a CVA or have paid off some of the debt and entered negotiations with it's creditors for the rest. During the moratorium no action can be taken and any winding up petitions would be dismissed. There is no need for the club to enter admin. Another fact you might not know is that HMRC has rules that state that it cannot proceed with a winding up petition where there is an outstanding complaint from an M.P. 0 Quote Link to comment Share on other sites More sharing options...
AND180Y Posted November 25, 2008 Share Posted November 25, 2008 (edited) Presumably Livi owe Wilson Field a sum of money somewhere between £1 and £4999 in that case, and have defaulted on it repeatedly for it to get this far? Small claims upper limit is £3000. (Unless it has changed recently) Edited November 25, 2008 by AND180Y 0 Quote Link to comment Share on other sites More sharing options...
The Master Posted November 25, 2008 Share Posted November 25, 2008 get a job Says the person from Airdrie 0 Quote Link to comment Share on other sites More sharing options...
Yoss Posted November 25, 2008 Share Posted November 25, 2008 The club can organise this very easily by an application to the court, which will be granted as a matter of course. The club then has the option to propose a CVA or have paid off some of the debt and entered negotiations with it's creditors for the rest. During the moratorium no action can be taken and any winding up petitions would be dismissed. There is no need for the club to enter admin. Another fact you might not know is that HMRC has rules that state that it cannot proceed with a winding up petition where there is an outstanding complaint from an M.P. I think you misunderstand a bit here. It would help to know what CVA stands for. The V is for Volunary, and it means a majority of the creidtore have to agree to any such arrangement - it can't be imposed upon them. 0 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.