"A club will not be eligible for membership of The Football League if by the
second Saturday in May
in the current year it:- Has a manager, receiver or administrative receiver
appointed in respect of
that club or any part of its property."

In other words, we need to go into administration right now and have a new
owner in place and the administration discharged by May 12, right? I know
there are listers with experience in this field - are those timings
feasible? Sounds like either way, recalcitrant creditors (are there any
other kind?) could have LUFC over a barrel by threatening to keep
proceedings going beyond May 12.

But it does also sound like we can take the points hit this season, even if
we do need a small miracle and a boat-load of cash...

-- 
Richard Young
Freelance writer and editor
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it's a God awful small affair

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