Begbies Traynor letter

[Alan Baker]

because techincally you are a creditor and we need all the help we can get to ensure we get the CVA passed otherwise we will get another 15-20 points deducted

 

So, if the CVA isn't agreed on 26th(?) we get another points deduction automatically?

[Trentham Lakes Valiant]

So, if the CVA isn't agreed on 26th(?) we get another points deduction automatically?

 

No, as we are still in Aministration. A further points deduction only applies if Administration is exited without a CVA.

[Alan Baker]

No, as we are still in Aministration. A further points deduction only applies if Administration is exited without a CVA.

 

So how long could that go on for?

[Trentham Lakes Valiant]

So how long could that go on for?

 

Who knows? The only sure thing is that the Administrators are paid by the day.

[Alan Baker]

Who knows? The only sure thing is that the Administrators are paid by the day.

 

Is that like Plymouth?

 

In theory, we could start next season in admin?

[Trentham Lakes Valiant]

Is that like Plymouth?

 

In theory, we could start next season in admin?

 

In theory, we could stay in Admin forever

[Sch0tt]

In theory, we could stay in Admin forever

 

And have 10 points deducted every time we start a new season in admin

[Vale]

And have 10 points deducted every time we start a new season in admin

 

NO

[Vale]

In theory, we could stay in Admin forever

 

I think there is a max time limit (possibly a few years), however, the limit with Vale will be down to funding the administration and the running of the club which is why the admins and council want to get this sorted ASAP so we are talking 3-4 months max

 

When the money runs out and we haven't been sold we would then be liquidated and that is the end of the football league club that is Port Vale

 

The clock is ticking

[Alan Baker]

I think there is a max time limit (possibly a few years), however, the limit with Vale will be down to funding the administration and the running of the club which is why the admins and council want to get this sorted ASAP so we are talking 3-4 months max

 

When the money runs out and we haven't been sold we would then be liquidated and that is the end of the football league club that is Port Vale

 

The clock is ticking

 

How much has the Council "spent" to date? £200k?

[Vale]

How much has the Council "spent" to date? £200k?

 

I believe so Al

 

The council agreed to a max of £600k I think. The admins have said the FL may not be able to finalise the deal until July but hopefully sooner the better

[Alan Baker]

Gary

 

Not sure if you saw my other post (I can't find it now!) but has the SC been able to arrange a meet with KR before next Weds or have you decided to leave it?

[Vale_Legend]

I know it's 3p in a pound, but how much money will I get from Mr Ryder from my season ticket ? I don't understand.

 

Season tickets are being honoured, completing the forms will help to get the CVA agreed and stop further points being deducted.

 

It's all in the link Doha has put above and in the other thread on this started by Tonyh.

[dixon_vale4eva]

I didn't have a season ticket this year and I received one, does anybody know what I should do as I think they made a mistake...

[pensioner]

I didn't have a season ticket this year and I received one, does anybody know what I should do as I think they made a mistake...

 

As they are "Professional" administrators the dont / shouldn't make mistakes.

If they have made a mistake it puts them in the MOLD catagory and they wouldnt want that published would they !!

 

so fill in the form and say that you want to accept the 3p in the pound !

 

It just may keep HMRC from the door.