One of the Healeys said years ago he wouldn’t want to get involved as a time would come when the fans would turn on him and he didn’t want the aggravation. Nothing on social media in the years since will have made him think he was wrong,
Acun in Court
- Thread starter TheCasual
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One of the Healeys said years ago he wouldn’t want to get involved as a time would come when the fans would turn on him and he didn’t want the aggravation. Nothing on social media in the years since will have made him think he was wrong,
The EFL have no power to force Acun, or any owner, to sell.
The views expressed in my posts are not necessarily mine.
The EFL have no power to force Acun, or any owner, to sell.
The views expressed in my posts are not necessarily mine.
Yes they do. They can expel the club from the football league. You might want to read up on the Reading situation.
You're right, they can just punish them for not doing it. Like no one can compel you to stop at a red light. No one can be made to do anything in life.
They can suspend the club from the league, so effectively they can, unless someone wants to own a football club that can't play professional football.
The EFL have no power to force Acun, or any owner, to sell.
The views expressed in my posts are not necessarily mine.
You’re right, they can just kick us out the EFL entirely. A distinction without much of a difference.
Depends. If the EFL gives a deadline and there are interested parties but they don’t want to assume the debt owed to Acun Medya, he could just decide to write off some or all of it if the alternative is that we are kicked out of the EFL.
No chance of it happening anywhere, not even Reading. The EFL gave them a deadline to sell of April 4th, they haven't sold, have another deadline.
The Reading deadline has been extended because a sale is underway. Because by imposing a deadline the owner is finally taking action. i.e. The EFL have forced him to..
https://rdg.today/reading-fc-takeov...b-nears-new-efl-deadline-for-sale-completion/
That’s mainly due to the fact Yongge put Reading’s stadium up as collateral when taking out a £50 million loan from a Chinese state-owned bank, which the EFL and interested buyers were previously unaware of. He can’t pay the loan back and the potential buyers want the stadium included in the sale, not for it to be owned by a Chinese bank and rented to them.
We don’t own our stadium anyway so that wouldn’t be a sticking point. Acun Medya took out a loan from some creditor and he’s using that money to bankroll the club. Acun Medya will still owe that money to a creditor and we still owe money to Acun Medya. Nobody is paying £80 million or more for City when we don’t even own our own stadium. That means Acun will have to write off at least some of the debt City owes to Acun Medya for a sale to go through.
It's already happened, Bury were expelled from the Football League in 2019.
He'll sell at a time of his choosing, if he sells, deadline to be extended almost certainly, and not just once.
He didn't, they were expelled..
Not sure why you're picking this as the hill to die on.
Like you, he believed the EFL wouldn't actually go ahead and expel them, he ended up bankrupt due to that misjudgment.
Timothy Davy was in the prison and featured in the book, I knew Tim when he lived in Hull, used to go to the Welly club
Thats some dinner party conversation subject. Not that I do dinner parties or much conversation to be fair...I saw the movie when it came out, slightly OTT, I thought.. And the ending is nowhere near the truth. Still John Hurt was amazing as a convict.
Rewind the guff and 'the EFL have no power to force Acun, or any owner, to sell' stands. As for expulsion, he may yet decide to see them in court as UK company law stands above EFL law. That is all.
This is a really stupid argument on your part. The EFL also can’t physically force us not to play suspended players if they get a red card or too many yellows but if we do it, there’s consequences. If the EFL tell him he must sell the club by a certain date and he doesn’t, the consequence is that the club is expelled from the EFL like Bury.
There’s no independent regulator either so if the EFL deem him no longer fit to own the club, they can judge however they like. It’s pretty cut and dry. A criminal conviction is one of the things that can disqualify an owner.