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Rotherham ten points deduction

Rotherham ten points deduction

Unfortunately from a Walsall point of view the deduction won't be until next season.Whilst no one would wish ill of the Millers, those fans of the relegation threaterned MK Dons, Walsall, Hartlepool, Swindon, Yeovil etc can't but help the money given has contributed to there own down fall. However the fact is it is results on the pitch which have got these clubs in the positions they are in...the league table rarely lies.

The story circulating reads as
Rotherham have announced that they are seeking a voluntary arrangement with their creditors to keep the club alive.
Despite recent investment from local businessmen, the club still owe more than £500,000.

Millers chairman Denis Coleman told BBC Radio Sheffield: 'This is to stop the club going out of existence and we're confident it will be agreed.'

If the propsal is agreed at the creditors meeting on 5 May, a ten-point deduction will be enforced next season.

Last month a group of Rotherham businessmen, headed by Coleman, stepped forward with an investment pacakage that the club had hoped would see off the threat of liquidation.

But with the financial position at the club worsening after the Inland Revenue issued a winding-up petition, the club have moved for a voluntary arrangement to avoid going out of existence.

Coleman added: 'What we've done today is not liquidation, it's not administration, it's a company voluntary arrangement


Re Click here to read comments and story on the Vital Millers site


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Writer:Jorge's Jottings
Date:Thursday April 20 2006
Time: 8:03AM

Comments

0
If they took the points now, i'm afraid you would have a mountain to climb.I think the vultures are hovering above.
guinless
20/04/2006 17:32:00
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League Table

# Team P W D L Pts. GD
C Sheff Utd 45 29 10 6 97 44
2 Bolton 45 24 11 10 83 29
3 Fleetwood 45 23 12 10 81 21
4 Scunthorpe 45 23 10 12 79 24
5 Bradford 45 20 18 7 78 19
6 Millwall 45 19 13 13 70 8
7 Southend 45 19 12 14 69 16
8 Rochdale 45 19 11 15 68 9
9 Oxford 45 19 9 17 66 11
10 Bristol Rovers 45 18 12 15 66 -1
11 Peterborough 45 17 11 17 62 3
12 MK Dons 45 15 13 17 58 -1
13 Walsall 45 14 16 15 58 -4
14 Charlton 45 13 18 14 57 4
15 Wimbledon 45 13 17 15 56 -3
16 Northampton 45 14 10 21 52 -13
17 Oldham 45 12 16 17 52 -13
18 Shrewsbury 45 13 12 20 51 -15
19 Bury 45 13 11 21 50 -11
20 Gillingham 45 12 13 20 49 -20
21 Port Vale 45 12 12 21 48 -25
R Swindon 45 11 11 23 44 -19
R Coventry 45 9 12 24 39 -29
R Chesterfield 45 9 10 26 37 -34
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