CVA Revoked

Chester City's existence is now truly in danger of being lost asthe Judge in the Refresh Recovery v HMRC match up in Court, voted in favour of the tax man, meaning that the CVA has now been revoked.

So, a number of possibilities beckons for Chester City FC as it heads back into Administration:

CCFC could fall foul of the Appendix E ruling set by the Conference, which means that any club who enters Administration prior to the season start will be demoted 2 leagues, meaning Chester City would start in the Unibond League, and more than likely with a further points deduction.

CCFC could be liquidated as the HMRC may choose to wind up the club if no CVA can be arranged. This would mean a new Chester City would have to be formed.

CCFC could still get a CVA in place in time for next week, but it would mean agreement with the HMRC, which right now looks unlikely.

Whatever the case the future now looks very bleak for my club.

Stephen Vaughan - you are a disgrace.