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If it is HMRC and I'm sure Addey can confirm this, I believe Nic class 1 tax is due 19th April which could be why there trying to get everything in for mid April without having to pay a late penalty.

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Quote: Adeybull "Well they never told me when I asked.'"


And when they did tell you things they turned out to be lies anyway.

I just can't trust this lot. £1 million is a conventiently round number btw.

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Quote: Bulls4Champs "Is the reason why we need this money so quick because of the tax issue that has been rumoured to be circulating for some time. I understand we need the coin to run the club, but why do we actually need it, is it to pay the HMRC?

When the club get the 1m/500k, where is it going or what is it going to be spent on and how quickly will it be spent?
Does the buisness plan allows us to build up a steady profit, or are we slowly going to sink back into the red?

Do we have debts to the RFL?
The Bank?
HMRC?
Other creditors?

I just don't know.

I really want to pledge, but I'm just not sure if I can hand money over to the current regime, Im terrified that this might happen 6/12/18 months down the line.'"


Great point.

Without wishing to trivialise the situation, would you prefer to hand over £100 (or any amount) to someone in the "blind faith" that they'd put it to good use, or to someone who has given a proper explanation as to what they need the money for and how the circumstances wouldn't be repeated?

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Who decides that the target has been met? Remember that if the 500k isn't reached we are not liable for our pledges.

As soon as we have reached the 500k, we must pay. Mmmmm

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Quote: billypop "Who decides that the target has been met? Remember that if the 500k isn't reached we are not liable for our pledges.

As soon as we have reached the 500k, we must pay. Mmmmm'"


I imagine the Bank/HMRC will decide won't they?
Either the club will be able to pay them=target met or we go under=target not met.

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I have supported Wakefield for a long time and was a shareholder. When we were in trouble last year and our board asked our fans for money I was not prepared to put cash into the existing board. I felt it wouldn't be long before they asked again for more cash.

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