certainly not unusual in the context of Ted Richardson.

Cant be bothered with the second point of your post.

When you're facing going into liquidation generally, you bleed the company dry of money, paying creditors and leaving some aside for HMRC and then directors' take what ever is left. Quite obviously this hasn't happened.

Did I tell you? I may be an accountant by profession, but I work in business, in the real world. Little of my role involves (financial) accounting, whereas a large part of it indeed involves actual people, things and money. Has done for many years. If I did not feel I was reasonably well qualified to comment, I would not have.

And for that reason, I very much agree with most of what you said in your post, once we got that dig out of the way.

But what happens in RL etc clubs, with the scale of unpaid PAYE and VAT and HMRC usually being the largest third-party creditor is in fact very unusual compared to most businesses. This very much reflects the fact that the biggest cost by far of a RL club is people, and large supplier and bank creditors are generally thin on the ground because banks won't lend to most RL clubs and big suppliers are wary. So instead of the bank and the suppliers being used to take the strain, and the ensuing pain, clubs resort to HMRC. Who are totally sick and tired of it - you guys have already done it once, don't forget, and HMRC finding their £1/2m was the only significant unpaid third party creditor when London Broncos went under totally incensed them. As will the total and utter scandal that is Crusaders which I feel sure has helped your situation not one bit.

The point I am trying to get across is sort of alluded to in your last paragraph. When you are running a RL (etc) club, and you get seriously behind with paying the PAYE and VAT - and I'm not meaning just a month or so: as you say, many businesses do that, although more think twice now they have brought the penalties in - then unless you can see a clear way of rectifying the position quickly, you are insolvent. And the directors have a responsibility to act accordingly as soon as that becomes clear - or ought to have become clear. And not keep trading on and misleading the fans and employees and everyone else while the situation gets worse and worse. Since then it becomes harder and harder to justify over-optimism or stupidity, and easier and easier to see it as misappropriation or theft or whatever you want to call it.

Bit of a generalisation innit?
Whatever anyone else "generally" does, doesn't have the slightest impact on what we may or may not have "actually" done, so while you are guessing, you are wasting your time.
And I can't be bothered!!!

Really?

What I saw was a rather snotty comment dismissing the bulk of the post you were claiming to respond to, followed by a generalised statement about bleeding a company of all its money.

With respect, your comments added no value to the discussion.

Carry on and take no notice, its all part of the show to keep the visiting guests on here entertained currently 82

No your not, your generalising on something you know nothing about, as the previous poster pointed out, you are adding little (no) value.

The bulk of the two lined post of which, i quoted one.

Generalised, simply because, you cannot sum them all up as they differ but not by too much, although
if you wanted me to comment on every liquidation, i'll do it for £50p/h, just because its you.

Oh and did your post (the one i quoted above) bring much to the discussion?

BTW, i do want to see you come out of this. Get the club into admin and let someone wealthy buy them on the cheap and run the club properly.

Are you a inbreed of Adybull..???

We owe Tax, we are not going to pay it the club will go bust, some one will get it for next to nothing end off... so can we move on....

Nah - leave it to Adeybull; you're a dolt.

Snip was for no purpose other than to keep the quote short. I did think you were having a dig though - so if that was not your intent then my apologies for suggesting otherwise.

I'll not get into a debate about whether I am naïve or whether I really expect the absolute integrity at all times that you suggest I do (its a "no" to both anyway) since you are right, we have violent agreement on the substance anyway.

My anger at the club directors over the PAYE and VAT is not personal to Wakefield - indeed I remain far more angry at what happened at Broncos and Crusaders - the latter seems to have had unpaid pensions too, in which case Maxwell's ghost still haunts us. I am angry because behaviour like this makes it increasingly hard for other struggling clubs and businesses to get a fair hearing from and accommodation with HMRC. As indeed I fear you guys have found post-Crusaders?

I'll sort this out later when i have more time so for now its locked