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Post by wibbin on Mar 20, 2004 12:12:22 GMT 1
Exeter press release..
Exeter City FC Press Release The Football Conference and Exeter City Football Club have agreed that it is in the interests of all football that the requirements of the football authorities in respect of payment by member clubs of their football creditors should be strongly and successfully defended from challenge. The Conference therefore agrees that the application made by the Inland Revenue to revoke the voluntary arrangement approved by Exeter's creditors on 16 October 2003, should be resisted as necessary to defend those requirements. Based on this mutual understanding, the Conference and Exeter have reached a compromise which will enable Exeter to concentrate on defending the Revenue's application.
At the same time, in recognition that Conference member clubs have always wished for sporting sanctions to be introduced to the Conference in line with the rest of football, and given that the rest of football has agreed to delay implementation of such sporting sanctions until season 2004/05, the Conference has agreed not to implement its decision to deduct playing points from Exeter in connection with Exeter's voluntary arrangement.
Makes it all the more interesting but have to wonder what the conf chiefs are doing?
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Post by scooter on Mar 20, 2004 14:17:08 GMT 1
It seems the Conference has agreed to drop the points deduction because Exeter were threatening legal action, yet the rule was passed by all the clubs at the AGM.
I will be very disappointed if Exeter deprive any other team of a play off spot now.
No mention of the inelegible player case - perhaps they will dock some points for that ?
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Post by scooter on Mar 20, 2004 14:26:04 GMT 1
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Post by shrewforever on Mar 20, 2004 14:39:53 GMT 1
What a bloody farce...........
I've got more confidence in Quinn organising a forward line..............
well maybe thats going abit far,but you know what I mean.......
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Post by SeanBroseley on Mar 20, 2004 17:01:19 GMT 1
Exeter press release.. Exeter City FC Press Release The Football Conference and Exeter City Football Club have agreed that it is in the interests of all football that the requirements of the football authorities in respect of payment by member clubs of their football creditors should be strongly and successfully defended from challenge. The Conference therefore agrees that the application made by the Inland Revenue to revoke the voluntary arrangement approved by Exeter's creditors on 16 October 2003, should be resisted as necessary to defend those requirements. Based on this mutual understanding, the Conference and Exeter have reached a compromise which will enable Exeter to concentrate on defending the Revenue's application. At the same time, in recognition that Conference member clubs have always wished for sporting sanctions to be introduced to the Conference in line with the rest of football, and given that the rest of football has agreed to delay implementation of such sporting sanctions until season 2004/05, the Conference has agreed not to implement its decision to deduct playing points from Exeter in connection with Exeter's voluntary arrangement. Makes it all the more interesting but have to wonder what the conf chiefs are doing? An attack of commonsense at the Football Conference.
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