Hilarious!

If you take into the account the spurious balance sheet valuation of players (qualified audit opinion!) and the likely ebt tax liability, then there is only one club in hull looking down the barrel of a gun and that's not rovers! I hope Mr. Pearson has taken good advice!

bless, truth hurt does it, you may be a qualified auditor, but counting the pies in Greggs doesn't equip you with better accountancy skills than HMRC, who have no issue with our accounts (filed on time, for many years)

Oh my naive friend... Filing accounts has nothing to do with hmrc tax investigations - with powers to go back up to 20 years. Ebt's have specifically targeted by hmrc and that has zip to do with corporation tax nor filing accounts. The real truth seems to be very creative accounting by your previous owners to create a value which your new owner has now partly disclosed.

I've probably lost you by now as you bask in the delusion of a brave new future but I think the real truth will hurt you even more than your juvenile commentary.

it affects all sports who pay players ltd companys in jersey
thats why berro went

There is a difference between image rights payments to offshore companies and employee benefit trusts. The latter can be offshore or onshore. Ebt solutions are far less prevalent in sport compared to image rights which have also been tightened up. Image rights had an original basis in truth as did an ebt but both were abused. The benefits of using either/or have now been eroded which is indeed affecting the import of players. Imagine having to pay tax like the rest of us!!!

I've forgotten more about tax law than you know, why not worry about your little tin pot, back street club and let us worry about FC, you're a poor troll, nothing more.

Welcome back vince

Clearly with over 29,000 posts you're a very busy person and have ably demonstrated your intellect and knowledge of business. But don't let facts get in the way of delusions.

Surely you can't be thinking that your "perfectly run" club may well have been playing a dangerous game with tax and accounting principles. That said, mr pearson is no fool so I hope it does get resolved.

They've got absolutely no need to worry. They've got the umbrella man and now Uncle Assem and if all else fails, they can always fall back on the tried & tested route of a CVA

Indeed, I manage to be busy without it taking hours to get things done.

If you would like to post FACTS about any objections about our accounting practices over the years please feel free, otherwise, isn't there some tat in your shed that needs sorting before the car boot on Sunday?