Primarily the merging of boundaries in company
law and common parlance to fictitiously allow a football club to be "saved out of administration" by means of not agreeing a CVA (Creditors Voluntary Agreement) and thereafter liquidation. The Clumpany is formed out of a deep fear of facing
reality that your football club is dead and a new Holding Company (HoldingCo) emerges having purchased the assets (NOT THE CLUB)
The Clumpany has become
popular method of breaching all Insolvency Laws, Football Association Rules, Articles of Association and offering the brass neck (see Sevconium) to stiff creditors claiming a continuation of the previous football
business.