Coventry City supporter and former Board member Gary Hoffman has admitted to being surprised that the Football League and the Administrator Paul Appleton have not acted upon the information which shows that the golden share was with CCFC Ltd and that they were in fact an operating company with a say in the running of the football club, contrary to what Tim Fisher later said when the company was placed in administration by SISU back in March.
Speaking to the Coventry Telegraph, Gary Hoffman said: “One of the things the board at the time wanted to clarify was what each company was responsible for.
“It was clear CCFC Ltd not only had the golden share but would have responsibility for all football related matters, and we see that in documents including in relationship with the Football League.
“Nothing changed in fact, or that being the intent, until I left the board in December 2010. I don’t know what’s happened since.
“From what they’re saying, the two companies at least latterly operated as one, and therefore it doesn’t matter if the golden share was with Limited or Holdings.
“If that’s true, then it’s difficult for one company to avoid liabilities on another, and I’m surprised the Football League and administrator haven’t said that.”
More on this http://www.coventrytelegraph.net/news/coventry-news/elliott-hoffman-raise-alarm-over-5585961
Well worth a read http://twohundredpercent.net/wp-content/uploads/2013/08/CCFC_Board_minutes_and_Co_arrangements_March_08.pdf