Tangerines AVOID points deduction after February’s appointment of joint receivers

Blackpool is not going to face a factors deduction following February’s appointment of joint receivers, the English Soccer League has confirmed.

Beneath EFL guidelines, golf equipment that have an ‘insolvency occasion’ – equivalent to being positioned in administration – are normally topic to a 12-point deduction.

That is usually seen as having gained an unfair benefit by shedding money owed different better-run golf equipment have met.

The appointment of receivers by a judge – on this case to power by means of the League One membership’s sale to settle former proprietor Owen Oyston’s £25million debt to former enterprise associate Valeri Belokon – may have been seen on this gentle.

However the EFL board has determined it is a particular case, unrelated to the membership’s precise monetary place, and the factors penalty was subsequently ‘not relevant’.

In a statement, the EFL said: “Based on the evidence presented and the judgement of the court, the board agreed that the appointment of the receiver is not material to the club’s ability to fulfil its obligations as a member club and as a result should not be regarded as having suffered an insolvency event.”

The development was quickly welcomed by the Bloomfield Road club, with joint receiver Paul Cooper describing it as ‘excellent news’.

Cooper said he was also ‘delighted’ for manager Terry McPhillips and the players ‘as they know exactly where they stand for the remainder of this campaign and next season’ – a reference to the fact the deduction could have been imposed immediately or at the start of the next campaign.

“It also allows the sale process to continue with a greater degree of clarity and certainty,” he added.

Blackpool are at present eighth in League One, eight factors off the final play-off spot, with 5 video games to play.