CVA schedule hits time crunch

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There was a degree of anticipation that we would hear the official announcement today of the creditors meeting Duff and Phelps planned to hold on 6 June, where a vote would be held on the proposed CVA.  Creditors must receive notification of a meeting, with proposals, 14 days in advance, with notice normally given by post and by advertisement.

STV today revealed that the administrators hope to send details “at some point this week”.  Tomorrow is the last postal date for items to be delivered on time for a 6 June meeting, but it’s seldom administrators would leave themselves at the fortune of the final postal collection.  It would be embarrassing if Duff and Phelps were unable to even get to the stage of putting a proposal to creditors.

Inspired by the stories of three children, Celtic Quick News readers this year have raised a considerable sum of money for research into Neuroblastoma.  One of them, Niamh Curry, age 5, slipped away yesterday.    There are no words or sentiment of consolation to offer, but our thoughts and prayers go to Niamh and her family.

You can buy a hard copy of the new issue of CQN Magazine via Magcloud here.

The graphic below is just for a flick through, to read the magazine go here to it’s dedicated site.

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417 Comments

  1. Dontbrattbakkinanger on 21 May, 2012 at 16:32 said:

     

     

    The same lassie took me to see ‘the Exorcist’.

     

    Nae wonder the relationship was doomed.

     

     

    I took a wee lassie to see the Exorcist, now I would have been about 15/16 at the time.

     

    Walked her hame afterwards, me being awe tough and that, her being scared oot her mind. Give,s her a wee kiss at the gate tells her no tae be feart and nae nightmares. She lived in Tresta Rd and I then had tae walk doon by the gravie ( St Kentigerns Cemetry ) Tae get home, Pouring from the heavens street is dead quiet

     

    and the bottle crashed. By the time I got hame a hid more bruises oan ma erse we ma heels hitting aff it. Do not think I ever ran as fast in my life. Real tough….. not.

     

    Never watched that movie for about 10 years after that.

     

     

    HH

  2. Henriks Sombrero on

    Is this SPL announcement gonna be another 10pm shot to make sure the huns don’t riot ?

  3. Henriks Sombrero@17:23

     

     

    Jakey Whyte on SSN says they’ll be speaking to Doncaster live very shortly

     

     

    Which will no doubt entail Whyte asking no difficult questions, and Doncaster lying through his teeth

     

     

    I would not expect any dramatic announcement that would harm the Huns

  4. !!Bada Bing!! on

    Doncaster now saying he is “confused” re the difference between a CVA and a Newclub……I smell shoi£€

  5. Alistair Lamont on Twitter…

     

     

    SPL chief exec Neil Doncaster says he’s not sure why such a distinction is being drawn between cva and newco exit from admin

     

     

    ND: “Newcos have been allowed in Uk football for many years. Typically way businesses in general escape administration.”

     

     

    ND: “punishing clubs for entering admin, when then they achieve sporting advantage, they should receive sporting penalty, seems logical.”

     

     

    SPL due to vote on proposals for new Financial Fair Play rules next Weds, including potential sanctions for newco

  6. Andrew Young ‏@Hullbhoy

     

    Neil Doncaster misleading fans again with his talk of newcos in England. No newco in England has been granted a top division share.

     

     

    Liar Liar Liar..Dogshafter with no idea..

  7. Silver City Neil Lennon on

    Celtic Mac on 21 May, 2012 at 17:11 said:

     

    Silver City

     

     

    Those boys are smarter than your average Bear!

     

    The money’s better in their pocket… I mean the creditors pocket… than in the Post Office’s

  8. James Forrest is Neil Lennon! We are ALL Neil Lennon! on

    Paul67:

     

     

    I suggest you sharpen the pencils mate. This idiot Doncaster is either shockingly ill informed or he is peddling BS. I know which I believe to be the case.

     

     

    The thing of it is, he’s essentially saying that both English and Scottish football have the same attitude towards debt; that it can be dumped, that it can be shedded, that clubs can ditch it entirely, be born anew and keep their history and all intact. That is a shocking statement, and even if the media here does not question it, I am certain it is the last reputation English football wants to get. They have enough issues as it is.

     

     

    What does the English FA make of all this? He is now essentially saying they have allowed this kind of thing to happen down there, and that it’s a regular thing. We all know that is absolutely nonsense.

     

     

    If they are happy to have that on the record, so be it. But I doubt it.

     

     

    If UEFA are happy to have it on the record then FFP is dead in the water.

     

     

    SOMEONE has to put this guy in his place. He is now trying to re-write the rule book north AND south of the border.

  9. themightyquinn on

    Saw a scumbag haircut mini-Hun today wearing that horrible light blue thing they call a football top.

     

     

    On the back was emblazoned “WE DONT DO WALKING AWAY”

     

     

    Made me laugh.

     

     

    How are you supposed to read this on the back of his shirt unless he is walking away?

     

     

    Irony lost on the little reprobate I’m sure.

  10. No questions by Jakey Whyte on the dual contracts issue and why the SPL haven’t revealed their findings

     

     

    A complete waste of time. Doncaster didn’t reveal anything that we don’t already know

     

     

    SSN are a total embarrassment when it comes to dealing with Scottish football

     

     

    They are utterly clueless

  11. Henriks Sombrero on

    Is that it ? Is that the SPL statement we were told to expect today ?

     

     

    An utter joke.

  12. TheBarcaMole on

    Good chance to get some ‘local’ feedback wrt Neil Doncaster…….

     

    Ask the ‘Norridge’ fans what they think of him!

     

    Be prepared though for a very cold and frosty easterly response!

     

    Not liked is an understatement…………..

     

     

    Regards & Hail Hail

     

    TBM

  13. Kilbowie Kelt on

    BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS on 21 May, 2012 at 14:45 said:

     

     

    WONKYRADAR 1438

     

     

    He was all these things,most certainly,but when Benny Lynch won his world title-beating Jacky Brown?-the Corporation refused to acknowledge his achievement.

     

     

    Billy Fullarton carried him on his shoulders to acknowledge his achievements.

     

    ____________________________________

     

     

    Not sure whether that piece of folklore is correct or not, but in a ‘stranger than fiction’ episode, the infamous Billy Fullarton certainly carried the famous Peter Keenan out onto Celtic Park on his shoulders to receive the adulation of the Celtic support.

     

     

    It truly is a funny old world.

  14. James Forrest is Neil Lennon! We are ALL Neil Lennon! on

    danso_1888:

     

     

    Good question. People tend to forget he’s on the UEFA FFP committee.

  15. Hey, just logged in, saw the podium boast by someone who had clearly not read the article containing the shocking news about young Niamh.

     

    Time this podium lark was cut out folks and that Paul67’s articles are actually read before comment.

  16. Alex Thomson has proof Duff&Duffer turned away a bid that offered substantially more than a penny on the pound to creditors.

     

     

    Criminal negligence?

  17. Joe Filippis Haircut on

    Doncaster is really saying you silly Tims why does your club have any debt? the Rangers they are cleverer than you lot they are getting rid of there debt and I can see no reason a new debt free Ranbers cant start over again in the SPL. Well Mr.Doncaster there is something you dont seem to understand its called honesty and integrity and with out honesty and integrity you dont have a sport.Mr.Doncaster you seem to be out of your depth and you are not sutable for purpose I think you should resign at the very earliest possible time. H.H.

  18. jimmci on 21 May, 2012 at 18:01 said:

     

     

    It is ,and was a bit of fun,the poster apologised soon afterwards,do not make them feel guilty.

     

    Hail hail

  19. Anyone know the score for Norwich tickets tomorrow? Thinking of heading up there but no idea if we can get tickets for the Celtic end on the gate.

  20. Henriks Sombrero on

    Doncaster is like Dorothy in the Wizard of Oz. Close eyes, tap heels 3 times and repeat…..

  21. jimmic

     

     

    Same poster apologised soon after, don’t make him feel bad!

     

     

    RIP Niamh

  22. After the dire bathos of that Dungaster statement i’ve attempted to find solace in a crate ( the wife wisnae wearin her gleseez when she went shoapin- bowt non alcoholic Becks) of faux lager…trying to simulate the experience of alcoholic intoxication…if thou believith enough…am away tae the aff licence!

     

     

    Will the SPL EVER grow a pair?

  23. Kilbowie Kelt on

    jimmci on 21 May, 2012 at 18:01 said:

     

     

    Hey, just logged in, saw the podium boast by someone who had clearly not read the article containing the shocking news about young Niamh.

     

    Time this podium lark was cut out folks and that Paul67′s articles are actually read before comment.

     

    ______________________

     

    I have never seen the point in the Podium Chasing.

     

    Today demonstrated that it can sometimes be crass.

     

    We all know that no disrespect was intended but it might be better if early posts related in some way to the new article.

  24. wonkyradar on 21 May, 2012 at 18:09 said:

     

     

    When are they ever going to invent an alcohol free lager

     

    that does not taste like soap?

     

    Until then I will carry on regardless with the good stuff.