Can the RFFF assist the acceptance of a CVA

[Bad Robot 21,513]

I believe that the RFFF should make a statement saying that although the club are asking for a CVA to be agreed that they/us/we will endeavour to continually generate even more cash to make up the short fall to the companies that are involved in the CVA.

This exercise should be made public and may help us with getting the CVA accepted to ensure the old co remains dormant until we then transfer the assets back over.

If a CVA is refused then liquidation for the oldco is still possible and this strategy could pre-empt this.

This process is already happening with individual bears but it should be made wholesale to all companies involved including HMRC albeit they will be at the back of the queue.

This isn’t going to be an overnight process, it will probably take years but I for one believe we should be paying all our debt and it’s the right thing to do.

I say again that’s this suggestion wouldnt be a legal obligation on the RFFF but it will be our attempt to make this right no matter how long it takes.

[Davidrfc1873 12]

The RFFF should be given to the club. The cva should be sorted by admin or Bill Miller. Did the RFFF not say any money left over would be used for trying to help rebuild the squad.

[Blue Army Faction 28]

Any CVA is up to Bill Miller and Duff and Phelps to agree with creditors. I don't think we should be individually or jointly wasting our time or money clearing old co debts, when that money will be badly needed to rebuild the team.