I can answer that very simply

We dont have a lot of cash and Ted Richardson runs the club like a market stall

The fact he has no money doesn't help either but if it was run properly regardles of revenue then we would bounce from one financial farce to the next

Do we even have a club accountant or does ted just bash the yearly and monthly forecasts on the back of a fag packet?

The guy is clearly desperate to sell his shares before some one that knows what they are doing buys the club out of administration for 1 English pound

A statement issued by Wakefield said: "The club owes national insurance and VAT from recent months and these figures have been included in a petition which will be heard at the High Court on 2nd February.

"We have been in dialogue with HMRC for a number of weeks and are disappointed that this petition has been served as we were hopeful of reaching a payment plan with them."

NIC? Does that include monies deducted from employees that was never the club's money?

VAT? So that will be money collected from gates and other income that was collected on behalf of HMRC and, again, was never the club's money?

Let's cut the garbage on all this - it would seem (as I have suggested on various occasions in the past) the club has been using money that was NOT ITS OWN to finance its operations. And cannot now pay it over to its rightful owner. If that is indeed so, how is that not theft? How can it be defended? If your employer cjose to not pay you but instead use your pay to pay its suppliers, how would you react? And I make this point about EVERY business that goes under owing PAYE and VAT and NIC - its not a dig just at the club - and no way is it a dig at you fans - you deserve far, far better than this.

Do you wonder why HMRC has lost its rag over clubs owing big arrears of these taxes?

No need for that either.

It is or at least it should be, and nobody is defending the club. this is the crap we have to put up with all the time, lightheartedly i have often said that the running of this club is criminal!!!
HMRC should report this as theft and actions should be taken against any individual concerned if that is the case.

now that Rodney Walkers donation has been turned into a loan, he'll now become a creditor for Wakefield Trinity, should they end up in administration.

so with 160k owed him, he will have a significant stake in the money owed. It may just be enough to affect outcomes of votes when the administrators put plans forward

remembering the Leeds United situation I think it was 75% of the creditors (based on money owed) needed before a resolution could be accepted.

Could it be the PAYE tax that has been deducted from the players wages has never actually reached HMRC?

Thats a little bit slanderous isn't it?

Be very careful.

yes this board is full of teds little soldiers.

Shame you don't come with a snooze button mopsey.

funnily enough i nearly dropped off reading your posts, god help us.

How many thieves do you know who draw up payment plan with the person they've robbed in order to pay them back?

Have you ever tried fitting 350K into a wallet? Good luck with the investigation, chief inspector.