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How can they go as far as issuing winding up action for their mistake incompetence of the highest order
Quote from: roversdude on December 21, 2022, 12:24:15 pmHow 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 !
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.
Quote from: since-1969 on December 21, 2022, 02:11:18 pmQuote from: roversdude on December 21, 2022, 12:24:15 pmHow 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
Can someone enlighten me as to what this is about?
Quote from: roversdude on December 21, 2022, 02:18:26 pmQuote from: since-1969 on December 21, 2022, 02:11:18 pmQuote from: roversdude on December 21, 2022, 12:24:15 pmHow 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!!
Quote from: since-1969 on December 21, 2022, 02:11:18 pmQuote from: roversdude on December 21, 2022, 12:24:15 pmHow 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
Quote from: roversdude on December 21, 2022, 12:24:15 pmHow 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 !
Quote from: Copps is Magic on December 21, 2022, 05:01:43 pmCan 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
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.
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