Geunine question regarding examinership

**Dodge** · 17/10/2008, 10:44 AM

Good point Mr A. I think one of the northern teams was stopped going into europe this year (Coleraine?)

**Steve Bruce** · 17/10/2008, 10:46 AM

Originally Posted by Dodge

Good point Mr A. I think one of the northern teams was stopped going into europe this year (Coleraine?)

That's correct

**Schumi** · 17/10/2008, 10:57 AM

The examinership process here is different to what happens in the UK though isn't it?

**Dodge** · 17/10/2008, 11:00 AM

Similar though, and if its a UEFA rule surely they'd have to cater to individual member countries and their varying legal systems?

**blackholesun** · 17/10/2008, 3:46 PM

Originally Posted by Schumi

The examinership process here is different to what happens in the UK though isn't it?

Huuh? Arent they very similar! Whats the difference?

Any club that lives beyond their means and screws up deserves to be punished according to the laws as a penalty to them and a deterent to others.

If Cork are barred from Europe, then I think it could be between the Rovers' for the 4th spot unless Galway win the Cup. Next weeks game at the Showgrounds might be extra spicey now!

bhs

**blackholesun** · 17/10/2008, 4:00 PM

From Coleraine's wikipedia page ...

"The club's well-publicised financial problems had already overshadowed much of the 2003-04 season and at its end the club was forced to operate on a reduced budget, with several top players leaving. Despite this a top six finish was still achieved. The summer of 2005 saw more budget cuts and several big names leaving the Showgrounds, but this time the main concern for fans was the very future of the club. In August, the Inland Revenue filed for a winding-up order against Coleraine due to debts of �1.3 million. The Friends of Coleraine, worked tirelessly to persuade the High Court to postpone the hearing to allow them to put together a business plan to show that the club could be viably run. Eventually the court ruled in the club’s favour and they were allowed to enter administration and a steering committee was set up to run the club."

It appears in the UK, its administration followed by possible winding up.

In .ie it is examinership, followed by possible winding up.

http://www.kavanaghfennell.ie/insolvency.aspx

bhs

**BulmersKid** · 18/10/2008, 3:34 PM

Originally Posted by Mr A

Can a club that has been in examinership play in Europe the following season? I think there is a UEFA rule that says that clubs that have been in administration cannot within 3 years take part in European competition.

Does anyone know the full picture on this?

I was under this impression as well, but I couldn't see anything in the UEFA licensing manual about a ban.

From the little of the manual i have read (too boring to read all of it), a club can't get a licensing if it is currently in administration. But I can't see anything about banning a team that have come out of administration. It just has to meet of the other criteria for obtaining a licensing from what i can see.

But someone might know that me. Acgtually someone will know more that me