1. Log in now to remove adverts - no adverts at all to registered members!

Blackpool have done one...

Discussion in 'Hull City' started by originallambrettaman, Feb 13, 2019.

  1. originallambrettaman

    originallambrettaman Mod Moderator Staff Member

    Joined:
    Jan 24, 2011
    Messages:
    111,604
    Likes Received:
    75,766
    Blackpool will not be deducted 12 points as a result of going into receivership, the English Football League has confirmed.

    Receivers were appointed by the High Court in February, forcing then-owner Owen Oyston to pay ex-director Valeri Belokon the £25m he is owed.

    According to EFL regulations, any club that becomes subject to an insolvency event, including the appointment of a receiver, could be deducted 12 points.

    The Seasiders are eighth in League One.

    The EFL board said they had "agreed that the appointment of the receiver is not material to the club's ability to fulfil its obligations as a member club and as a result should not be regarded as having suffered an insolvency event, meaning a 12-point deduction is not applicable".

    Blackpool's receivers, Paul Cooper and David Rubin, said last month that they had had 59 expressions of interest in the club.

    Cooper said the decision not to deduct Blackpool, who are eight points outside the play-offs, any points was "excellent news".

    "I am delighted for Terry McPhillips and the players because they now know exactly where they stand for the remainder of this campaign and next season," he said.

    "It also allows the sale process to continue with a greater degree of clarity and certainty over the club's position following the EFL's ruling."

    The EFL added that their decision was "based on the information presented" and the EFL board "reserved the right to review the matter should the position subsequently change in the future".
     
    #81
  2. southerntiger

    southerntiger Well-Known Member

    Joined:
    Jan 28, 2011
    Messages:
    2,584
    Likes Received:
    898
    Good decision.


    59 expressions of interest !!
     
    #82
  3. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

    Joined:
    Jan 28, 2011
    Messages:
    58,290
    Likes Received:
    55,781
    Attendances around 8000 since then.
    Mismanagement of the club already??
     
    #83
  4. originallambrettaman

    originallambrettaman Mod Moderator Staff Member

    Joined:
    Jan 24, 2011
    Messages:
    111,604
    Likes Received:
    75,766
    15,871 was higher than they got in the Premier League, they obviously weren't going to keep up that sort of number. An attendance of 8,000 is back to their average Championship attendance before they were promoted and is exactly what they expected.
     
    #84
  5. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

    Joined:
    Jan 28, 2011
    Messages:
    58,290
    Likes Received:
    55,781
    Did you ask them?
    It was7477 on satdee. They must be worried then.
     
    #85
  6. originallambrettaman

    originallambrettaman Mod Moderator Staff Member

    Joined:
    Jan 24, 2011
    Messages:
    111,604
    Likes Received:
    75,766
    I doubt it, they're not actually in the Championship at the moment and they're still well ahead of their average third tier attendances.

    Not sure why you're so keen to take a pop at Blackpool's support, it's a tiny place, ask Castro.
     
    #86

  7. Chazz Rheinhold

    Chazz Rheinhold Well-Known Member

    Joined:
    Jan 28, 2011
    Messages:
    58,290
    Likes Received:
    55,781
    I'm not taking a pop. It's a fact.
     
    #87

Share This Page