Leyton Orient up for Sale...again...

[BeesKnees]

I believe, and don't quote me on this - it's something I recall reading somewhere - the rules were changed on acceptance and a club relegated in administration has one season to sort their shit out or else the Conference chucks them out. Might be making this up

I thought the conference had an agreement that they had to take a relegated side even if they are in administration. I may have been mistaken but didn't Aldershot do this but they had to be out of administration by the non league AGM at the end of the season.

Just checked to be sure
14.B.8 In the event of any Club entering the Competition from the Football League whilst subject to any
Insolvency Event, then that Club shall be eligible for membership of the Competition and the provisions of Clause
14.B.1 will not apply to it at the AGM at which it is first elected into membership but will apply in all seasons after
its first season of membership of the Competition.

Sorry for requoting, just seemed easiest way to highlight.

 

[The Terminator]

http://www.guardian-series.co.uk/sport/leytonorient/15137278.Orient__silent__over_pair_of_bids/

Looks like Becchetti is playing silly idiots, bids coming in but he doesn't want to sell - He may be deliberately trying to sabotage us........

 

[Boletus Edulis]

Is he refusing these bids because they don't meet his asking price, or because he is vindictive?

 

[The Terminator]

Is he refusing these bids because they don't meet his asking price, or because he is vindictive?

Vindictive, unless he is willing to negotiate this week with any potential buyers, he is trying to run us into the ground and not being shy about it!

 

[genesimmons]

So the owners been auckward, makes mike ashley seem a good guy but whats his motive? Has someone upset him at club? Cant understand why he would not want to sell if price was his asking price

Sent from my LG-H850 using Tapatalk

 

[The Terminator]

So the owners been auckward, makes mike ashley seem a good guy but whats his motive? Has someone upset him at club? Cant understand why he would not want to sell if price was his asking price

Sent from my LG-H850 using Tapatalk

There was a full on protest last November about the way he was running the club, since then he has been on a one man wrecking spree and trying t0 ruin us. (He was doing that long before the protest anyway with his stupid and bizzare decisions).

The club isn't owned in his name, he is just the front.

The deeds are all in his mums and family name.

 

[Look Out There Are Llamas]

LOFT are perhaps making an announcement about the possibility HMRC have been paid tonight...

Also of interest:

https://latinasport.info/2017/03/07/becchetti-for-president/

Becchetti linked with Ternana... Who have just appointed former Orient manager Fabio Liverani as their manager

 

[Look Out There Are Llamas]

Nvm, the announcement is there are a lot more creditors.

http://www.leytonorientfanstrust.com/story.asp?storyChosen=431

 

[Pilgrim Meister]

Admin on the 20th looks to be your only hope after reading that

 

[PaulHaddock]

Can you decide if you're going into admin before Saturday please. We'd like to know whether it would be worth beating you.

 

[NolansOrient]

Can you decide if you're going into admin before Saturday please. We'd like to know whether it would be worth beating you.

We'll be going for the Pyrrhic victory. So an easy win for you - followed by a swift liquidation for Orient, resulting in those 3 points being snatched away - delicious.

In all seriousness though, can we just have the 3 points? You don't really need them. If your players could lie on the ground whilst we pepper your goal with long-range efforts, a la Wycombe, that'd be great.

 

[The Terminator]

Talksport reported that Becchetti is apparently waiting to sell us at the end of the season, to see which league we're in - Which makes zero sense at all, because if he doesn't pay this tax bill, we will be either out of business or docked 12 points.

We're only producing a 16 page programme tomorrow, as the printers haven't been paid. The clubs heirachy didn't want to do one, but some of the long standing staff forced one to be made, as its an FA Regulation to make one or get a £250 fine.

There are two potential buyers - One is an American backed company and they've tried contacting Becchetti 5 times, but he is refusing to sell right now or talk to anyone.

Various members of the clubs staff haven't been paid, our stadium announcer being one of them.

Meanwhile our youth team are trying to keep us in the league.............

 

[The Terminator]

A quick update after another supporters meeting this evening hosted by the fans trust.

The likelyhood of us going bust on the 20th March is unlikely - although it could still happen.

However, without saying it in so many words - What happens with regards to the club going in administration, the trust may ask for an ajournment of the case - Which would mean no points off or admin right this minute. However......if nothing is sorted when the case goes back to court (could be any date of course), administration could well be pushed through at that time - Which would mean we'd have 12 points off next season in the Conference.

The trust don't want to totally destroyed our squads confidence - Which is basically our youth team, by basically putting the club into admin - Which is basically saying to the players, we don't have faith in you to keep us up. So in short, we play our next two games and see what happens. Which was what i thought was going to happen anyway.

The rest of the metting was basically a follow up of what was already said. It would appear all the Italians who are meant to be running the club, have gone into hiding, leaving the longstanding staff there to keep things going. If staff are not paid this month, the trust will hold an emergency meeting and probably a fund raiser to raise funds to pay the staff behind the scenes who don't earn a kings ransom.

The plot thickens towards next Monday...........

 

[Glasshalffullpools]

You won't start off -12 in the conference , they don't allow it , straight to Conference South I'm afraid ...

 

[rudebwoyben]

You won't start off -12 in the conference , they don't allow it , straight to Conference South I'm afraid ...

But as pointed out above, the National League Premier has to accept the club's demoted from the Football League.

 

[Look Out There Are Llamas]

The points deduction has to happen this season. We are not good enough to stay up. Starting next season on -12 points in non-league would be an absolute nightmare, even if a new owner was in place.

 

[Gladders]

But as pointed out above, the National League Premier has to accept the club's demoted from the Football League.

I thought the national league have to accept the clubs demoted, the National League south is still the national league.

 

[Glasshalffullpools]

Boston went straight to National League North ....

 

[PiedPiper]

I believe if Leyton Orient go into admin during this season and take the points hit this season, they'll be allowed to enter the National league, if they get to the end of the season then go into admin, I believe that is when you drop down further. Didn't that happen to both Boston and Hereford?

 

[GTFCfish]

I believe if Leyton Orient go into admin during this season and take the points hit this season, they'll be allowed to enter the National league, if they get to the end of the season then go into admin, I believe that is when you drop down further. Didn't that happen to both Boston and Hereford?

Not sure on that because Aldershot did it and were allowed in the National League starting on -10 points.

 

[PiedPiper]

Not sure on that because Aldershot did it and were allowed in the National League starting on -10 points.

Well it is the National league, from what I've seen, they seem to just make it up as they go along!

 

[The Terminator]

I believe if Leyton Orient go into admin during this season and take the points hit this season, they'll be allowed to enter the National league, if they get to the end of the season then go into admin, I believe that is when you drop down further. Didn't that happen to both Boston and Hereford?

Yep - This is also what was discussed at the meeting last night. The rules are on the Conference website.

They will only kick us out if we go into administration for a second time I believe before the start of the season.

Boston and Hereford I believe went into administration again - Hereford I don't think found a sutible buyer and were liquidated.

 

[PiedPiper]

Yep - This is also what was discussed at the meeting last night. The rules are on the Conference website.

They will only kick us out if we go into administration for a second time I believe before the start of the season.

Boston and Hereford I believe went into administration again - Hereford I don't think found a sutible buyer and were liquidated.

Ahh that makes more sense then! I knew about the bit where if you're already in admin you basically have the season to sort yourself out but Boston situation confused me! Thanks for clearing that up

 

[Gladders]

Yep - This is also what was discussed at the meeting last night. The rules are on the Conference website

The rules state that clubs relegated from the FL will be allowed to enter the "competition" and will not be subject to the rule that they can be demoted if in admin at the AGM.

However the "competition" is defined as the national league, National league North and National league South so technically they can still put you in the South.

Boston didn't play a season in the top division they were relegated from the Football League straight to the North and finished 10th still in admin and so relegated again to the northern league.

Hereford weren't in admin when relegated, they went bust after a few seasons in the conference like Darlo. Aldershot however did start in the top division with a points deduction but went into admin after the end of their relegation season not during it so maybe that changed things.

 

[william death]

A quick update after another supporters meeting this evening hosted by the fans trust.

However, without saying it in so many words - What happens with regards to the club going in administration, the trust may ask for an adjournment of the case - Which would mean no points off or admin right this minute. However......if nothing is sorted when the case goes back to court (could be any date of course), administration could well be pushed through at that time - Which would mean we'd have 12 points off next season in the Conference.

The trust don't want to totally destroyed our squads confidence - Which is basically our youth team, by basically putting the club into admin - Which is basically saying to the players, we don't have faith in you to keep us up. So in short, we play our next two games and see what happens. Which was what i thought was going to happen anyway.

Thought this was an odd decision by LOFT when I first read it, after last night it's just baffling. The squad's confidence must surely be pretty shot anyway. Get the points off now - starting in the conference on -12 when four go down to the next level, and no guarantee you'd be able to strengthen the squad over the summer while in admin, is a hell of a risk.

 

[Trapdoor]

is this the first time all season that newport have been off the bottom of the table?

appalling scenes for a traditional league club like l'orient to be going through.

 

[NolansOrient]

 

[Glasshalffullpools]

Relegation is one thing , football is cyclical , but to have a club like Orient destroyed is criminal ....

 

[mowgli]

Relegation is one thing , football is cyclical , but to have a club like Orient destroyed is criminal ....

Agreed mate there is only one club i would like to see in this kind of trouble and that's MK.....

 

[DarkSithLord]

Bryan Swanson‏Verified account @skysports_bryan 44s45 seconds ago
EFL confirms "plan in place" for Leyton Orient "... to complete remaining nine league fixtures". Due in court on Monday over tax.