| FORUMS > Wakefield Trinity > Sorry to bring the expected bad news! |
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| Quote: kingsway cat "So what is the total amount we owe HMRC???'"
£300,000 |
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| Quote: kingsway cat "So what is the total amount we owe HMRC???'"
we dont know cause the club wont tell us anything |
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What about the people who have allready put 1 thousand in? I feel sorry for them !
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| Quote: Wakefield No 1 "£300,000'"
Even if they raised it,its pointless,it would only delay the inevitable until the next bill.
Best thing all round is for the limited company to go into admin.
You also get the added bonus that HMRC will lose some money.  |
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| Quote: newgroundb4cas "What about the people who have allready put 1 thousand in? I feel sorry for them !'"
Why? |
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| Quote: kinleycat "Why?'"
Why what? |
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| Quote: Wakefield No 1 "£300,000'"
Do we know how long this goes back and how much of our agreed payments were paid back to HMRC? |
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needs a line drawing , it should be made clear to all what is owed and if admin is the way forward so be it. Proper business plans need drawing up by ,hopefully, new investors.The bod should go sooner rather than later so the club can move on because with them theres no hope of investment or an end to the club floundering
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| Quote: TURFEDOUT "Why what?'"
Why does NGB4C think it's bad news for those who've given a grand??? |
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| Quote: kinleycat "Why does NGB4C think it's bad news for those who've given a grand???'"
he must think that the club have received the money when in reality it is safe in the Escrow account |
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Is there any reason why the club can't call in the administrators now? We all know the £500k will not be raised and any investors will not show any interest until the club is in admin. Seems to me the club might as well cut to the chase and sort it out now rather then waiting two weeks. That is of course presuming there are no laws against doing such a thing.
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| Quote: kinleycat "Why does NGB4C think it's bad news for those who've given a grand???'"
Because he's stirring thats why, he knows full well the moneys safe, the whole RL word knows that. |
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That was kind of what I was saying WHY after attending Tuesday's meeting, after god knows how many times it's been explained by people on here, does he worry for those people, who's money quite clearly is safe and will be returned to them WHEN the £500k is not raised.
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Because he's a pleb?
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Sorry for being a bit thick with what is to follow but, how will it work if you do go into administration ?. Will it just be a case that all your debts will be writen off and you can just start with a clean slate (if you get the new investors that you believe are waiting to step in) or is it the case that all your assets would be sold off namely the players to clear the debts. as i said sorry for being a bit thick i just dont know how administration works.
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