DRFC Ltd. due in court tomorrow

[idler]

On a slight tangent............I am surprised that no one has mentioned that DRFC and Shrewsbury have been charged with not controlling their players during a last minute melee last weekend and reported to the FA.

We should put a counter charge into the FA for failing to control their referee.😉

[RobTheRover]

As Bob said earlier in the thread - some big horrendous names were involved back then!

And later of course there was the Kevin phelan link with the sequentia stuff.

Rovers dodged a seriously large bullet with all of it!

Careful, we will be getting another letter from Sue Barrington-Binns

https://www.legalfutures.co.uk/latest-news/solicitor-who-transferred-1-3m-to-belize-is-suspended-for-money-laundering-breaches

[silent majority]

As Bob said earlier in the thread - some big horrendous names were involved back then!

And later of course there was the Kevin phelan link with the sequentia stuff.

Rovers dodged a seriously large bullet with all of it!

Careful, we will be getting another letter from Sue Barrington-Binns

https://www.legalfutures.co.uk/latest-news/solicitor-who-transferred-1-3m-to-belize-is-suspended-for-money-laundering-breaches

People should just join the dots! Belize, Hedge Funds, solicitors, DRFC, money laundering etc etc.

[DonnyBazR0ver]

Yes, we were on her case. She used to work for Belize bank and I have no doubt she is familiar with the crime of money laundering. Not surprised at all to read the above.

[Filo]

So did it get thrown out then?

[Al4475]

Problem is tho mart/rob/bob, several others et al (as we all well know and not enough others do sadly) - people don't wanna join the dots because if they did then the ramifications regarding the integrity of a certain ex-chairman of drfc come into question - and most fans don't wanna believe that God could not quite be what they perceived!

[silent majority]

So did it get thrown out then?

Did what get thrown out?

[Filo]

The court hearing

[roversdude]

Problem is tho mart/rob/bob, several others et al (as we all well know and not enough others do sadly) - people don't wanna join the dots because if they did then the ramifications regarding the integrity of a certain ex-chairman of drfc come into question - and most fans don't wanna believe that God could not quite be what they perceived!

Quite right Al although we may be struck by lightning

[Al4475]

Lol

[NickDRFC]

It is fairly standard practice to reach an agreement over time with regards to large sized payments.  It is interesting to note the DFP article mentions a larger than anticipated tax bill, I wonder why this is and why they weren't aware of what their tax liabilities may be at the time?  However, that doesn't get away from it being a cashflow activity and not much else.  It would be concerning if it became a repeated trend but one offs do happen.

For the tax bill to be larger than anticipated we must have either had higher staff costs than budgeted (leading to a higher than expected PAYE/NI bill) or higher attendances than budgeted (leading to a higher than expected VAT bill). Would be interesting to know which but don’t suppose we ever will!

[Glyn_Wigley]

It is fairly standard practice to reach an agreement over time with regards to large sized payments.  It is interesting to note the DFP article mentions a larger than anticipated tax bill, I wonder why this is and why they weren't aware of what their tax liabilities may be at the time?  However, that doesn't get away from it being a cashflow activity and not much else.  It would be concerning if it became a repeated trend but one offs do happen.

For the tax bill to be larger than anticipated we must have either had higher staff costs than budgeted (leading to a higher than expected PAYE/NI bill) or higher attendances than budgeted (leading to a higher than expected VAT bill). Would be interesting to know which but don’t suppose we ever will!

Or they could have had a visit from HMRC that discovered an unexpected tax liability.

[silent majority]

End of season bonuses, play offs etc.

Edit; should have added cup run to the above.

[drfchound]

Shrews fined £4000 and Rovers fined £2500 following the end of match brawl in the recent match.

[since-1969]

On a slight tangent............I am surprised that no one has mentioned that DRFC and Shrewsbury have been charged with not controlling their players during a last minute melee last weekend and reported to the FA.

Fined £2.500

[Avsuptem]

quote author=Muttley link=topic=276302.msg951246#msg951246 date=1582699217]

  Of course, Lisa Mabbutt, Ken Haran and Julie Ann Richardson only had a hundred each to qualify them to sit as directors.

Bob - small point of order - you don't need to own shares in a company to be a director of it. You just need to be appointed by the shareholders.
[/quote]

Interesting Intel, thanks. Just a question: Did the major shareholders pay for their shares ? Or were they merely allocated and un paid in which case they did not loose anything. Except perhaps their pride.