Viking Supporters Co-operative
Viking Chat => Viking Chat => Topic started by: roversdude on December 21, 2022, 12:24:15 pm
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
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Hasnt something like this happened before in recent years? It's a bit odd.
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
Nothing like putting a twist on things to suit your Anti board agenda
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
What absolute nonsense.
What do you mean by slipped into the red?? Explain that one to me!
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Working in an accountancy practice HMRC errors identical to this are a daily occurrence. HMRC routinely allocate payments to the wrong month or just as frequently leave as unallocated. They then don't communicate with the taxpayer and the first you hear of HMRC's error is when their debt enforcement people turn up at your door to collect money you sometimes paid over 12 months ago. I imagine with football clubs they just miss that part out and go straight to the winding up procedure.
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
Talking Bo!!ocks again
HMRC have already admitted it was their mistake
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Working in an accountancy practice HMRC errors identical to this are a daily occurrence. HMRC routinely allocate payments to the wrong month or just as frequently leave as unallocated. They then don't communicate with the taxpayer and the first you hear of HMRC's error is when their debt enforcement people turn up at your door to collect money you sometimes paid over 12 months ago. I imagine with football clubs they just miss that part out and go straight to the winding up procedure.
Anyone in business responsible for their tax affairs know this only too well.
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
The only thing that's clear is you don't have a clue what you're talking about yet you still proceed to slur the club for your own personal gratification.
Merry Christmas!
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
If you TRULY think that, put it in an email with your correct details & we can let the club sort it.
I’ll tell you what, if YOU are right I’ll apologise & make a hefty donation to charity.
Over to you 1969….your call
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Working in an accountancy practice HMRC errors identical to this are a daily occurrence. HMRC routinely allocate payments to the wrong month or just as frequently leave as unallocated. They then don't communicate with the taxpayer and the first you hear of HMRC's error is when their debt enforcement people turn up at your door to collect money you sometimes paid over 12 months ago. I imagine with football clubs they just miss that part out and go straight to the winding up procedure.
Absolutely. Great if you're on the ball talking to them but it's ridiculous the amount you have to chase them to fix things.
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
Nothing like putting a twist on things to suit your Anti board agenda
Clearly facts are not your specialty!!
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Can someone enlighten me as to what this is about?
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Can someone enlighten me as to what this is about?
https://www.doncasterfreepress.co.uk/sport/football/hmrc-mistakenly-issue-high-court-winding-up-petition-against-doncaster-rovers-3961682
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This is the Incompetence Revenue we are talking about.
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
Nothing like putting a twist on things to suit your Anti board agenda
Clearly facts are not your specialty!!
Well they certainly aren’t yours
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So you are denying that you have an anti board agenda then - I think anyone who posts regularly on here will see that as a fact
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Can someone enlighten me as to what this is about?
https://www.doncasterfreepress.co.uk/sport/football/hmrc-mistakenly-issue-high-court-winding-up-petition-against-doncaster-rovers-3961682
Sorry thought I had copied the link but obviously never lol
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
Nothing like putting a twist on things to suit your Anti board agenda
Clearly facts are not your specialty!!
Clearly facts are not even in your lexicon.
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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
Nothing like putting a twist on things to suit your Anti board agenda
Clearly facts are not your specialty!!
Clearly spelling isn’t yours
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Sounds like this relates to the paying over of PAYE. I don’t remember Rovers being wrongly summonsed for Winding Up previously, but withholding PAYE from HMRC is a favourite means of obtaining interest-free loans from the Government. I suppose that most clubs are carrying so much debt that it would be unwise to let it mount up. And if they don’t pay up, it’s us that have to cover the debt in the long term.
Some clubs do it routinely, especially those in serious debt, so as a class of business, they are probably a priority target.
The fact that it has never happened before, certainly not in recent times, shows that the club are indeed in good financial shape.
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Sounds like this relates to the paying over of PAYE. I don’t remember Rovers being wrongly summonsed for Winding Up previously, but withholding PAYE from HMRC is a favourite means of obtaining interest-free loans from the Government. I suppose that most clubs are carrying so much debt that it would be unwise to let it mount up. And if they don’t pay up, it’s us that have to cover the debt in the long term.
Some clubs do it routinely, especially those in serious debt, so as a class of business, they are probably a priority target.
The fact that it has never happened before, certainly not in recent times, shows that the club are indeed in good financial shape.
And the fact that HMRC admitted it was their fault and it had already been paid
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The VSC keep a very close eye on the finances at the club, after all it’s their primary objective to ensure that we don’t suffer the trials and tribulations of years past.
There is absolutely no concerns or anything that we should be worrying about financially, even during the pandemic the club took steps to make sure that we were always viable.
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Thanks SM
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See things on twitter about the lad from eco power paid the players over Christmas and said the club will be in administration in 3 months ? Obviously take with a pinch of salt but I know he is after buying the club but only at a low price
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I wonder if there is a scenario where this eco power chap is given the club, if he’s a credible owner.
What would it be worth anyway, I have absolutely no idea. 500k, 1m, 2m? Either way Bramall clearly doesn’t want it long term and he doesn’t need the money. For all we know he might be relieved to cut ties.
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If Eco-Power Environmental Limited is the main source of cash behind this alleged interest, these folks don’t have the finances to get the club back in to League One and stay there.
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And therein lies the problem. There's a valid point that we aren't going anywhere under the current ownership, we're just safe. We should aim for more than that.
But what's the alternative? I don't see signs of any credible owners with the funding that fans would want?
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I think some people are mistakenly or deliberately confusing the situation. Unless there is a random billionaire wanting to buy the club and fund it, then pretty much any possible buyer is going to be worse news for us than our current owners. In fact, the random billionaire doesn’t sound especially attractive.
Our issue is not our owners and finances, it is how our finances are being used. We can and should be a top half League One side with our finances. It is just that it has been used so appallingly over recent years, that we are now embarrassing ourselves in mid-table League Two.
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See things on twitter about the lad from eco power paid the players over Christmas and said the club will be in administration in 3 months ? Obviously take with a pinch of salt but I know he is after buying the club but only at a low price
Twitter = Gobshite's Paradise.
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If Eco-Power Environmental Limited is the main source of cash behind this alleged interest, these folks don’t have the finances to get the club back in to League One and stay there.
Exactly. Generally, fans can't pick and choose their owners so no matter how much some folk wish for new owners it doesn't necessarily equate to spending higher than average funds at this level.
Eco Group sound to me something similar to East Riding Sacks and we all know what happened there! With TB and DW, we've had a long period of financial stability from self made men, who were prepared to commit to the long term rather than any boom and bust.
Eco is a relatively new company and whilst there might be bags of enthusiasm, there's no guarantees their financial input will be sustainable.