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FORUMS > Keighley Cougars > Winding up order
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Announcement on the Cougars website.

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Quote: Johnhud100 "Announcement on the Cougars website.'"


www.keighleycougars.info/a-state ... -i935.html

Ouch. Not good news at all but quite as bad as your comment suggested.
Quote: Johnhud100 "Announcement on the Cougars website.'"


www.keighleycougars.info/a-state ... -i935.html

Ouch. Not good news at all but quite as bad as your comment suggested.


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Do you mean NOT quite as bad ?, never said how bad it was just making people aware, but there you go.

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Quote: Johnhud100 "Do you mean NOT quite as bad ?, never said how bad it was just making people aware, but there you go.'"


It is a threatened wind-up order rather an actual one.

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How can this be?Thought we were sound.


Is this the end?

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Quote: Hedgehog King "It is a threatened wind-up order rather an actual one.'"
So beginning winding up procedings is just a threat !! we will be ok i am sure

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Quote: Johnhud100 "So beginning winding up procedings is just a threat !! we will be ok i am sure'"


Pay the money in the meantime and there will be no winding up.

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Moderator


Hope the club get this sorted. Any idea how much is owed?

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You got any info GW ?

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Lets just say this will not be the end of the club.

The inland revenue were offered a deal. Which would have seen a very large amount of money. In fact more than half of the outstanding debt given to them in a lump sum. With the remaining amount to be paid back within one year.
This was turned down by the tax authorities and a threat of a winding up order was made.

The club have come up with the only working plan left to them.
The plan with the new directors will make the club stronger.

I know a hell of a lot more, but have been asked not to tell everything i know.

I will be at the pre season games and will be at the first home game of the season.
Make sure you are as well.

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I'll be honest and say I do not understand what is going on exactly.

Is there a chance that we are screwed here? I know the statement says not to be "alarmed", but I am naturally worried here.

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Quote: Connor "I'll be honest and say I do not understand what is going on exactly.

Is there a chance that we are screwed here? I know the statement says not to be "alarmed", but I am naturally worried here.'"


Conner don't be.
The club will be in a much better position after this is sorted.

With the new directors the club will go in the right direction.

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Don't be alarmed but .... they don't just owe money to the tax man.

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"Never again will the club get into this position" is a famlier cry over my long years of the various guises of Keighley RLFC

I find it sad that it has happened yet again, if what I have read so far is true.

No doubt the club will survive AGAIN in perhaps yet another guise yet I really think that Colin Farrer and Neil Spencer had done an excellent job so it really is a bit odd.

If it's any consolation I doubt if the club are the only ones "feeling the pinch" and are probably more "financially stable" than a lot of clubs.

Let's just hope this is a minor blip (if true) and that the club continues on to success.

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The best thing that we can do as fans is to come out and get behind the club.

If you haven't got your season ticket yet, get one.

If you're one of those fans who went to the grand final but doesn't turn up to home league games (except Jeronimo) get your backside down here.

At the end of the day it is our money that decides whether this club survives or not.

39 posts in 4 pages 
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