Re: Time to move forward..... : Wed Jun 13, 2012 7:25 pm  

Well Well Well, how can HMRC put a winding up order on a club that doesn't owe them anything
A couple of prominent posters clearly stated that there were no outstanding monies to HMRC and that a payment plan was being honoured, me thinks the board are not the only ones that have been lying to the Bulls Fans

Personally I hope it all works out for the bulls and that the club comes out of this in the same way Wakefield have and become stronger and more business savvy, but I think a number of people need to wake up and smell the coffee

Re: Time to move forward..... : Wed Jun 13, 2012 7:34 pm  

Here's another view of the same events: http://www.loverugbyleague.com/news_929 ... ation.html Keep your bits well clenched, your wallets in your pockets, and your faith in the future of your club. Good luck, but you'll all be alright.

Here's another view of the same events: http://www.loverugbyleague.com/news_929 ... ation.html Keep your bits well clenched, your wallets in your pockets, and your faith in the future of your club. Good luck, but you'll all be alright.

Re: Administration : Wed Jun 13, 2012 7:39 pm  

Bulls Statement Is anyone honestly surprised by this state of affairs? I wouldn't be surprised to see Caisley buy back the club for £1 just like Bates did over at Leeds Utd

Bulls Statement Is anyone honestly surprised by this state of affairs? I wouldn't be surprised to see Caisley buy back the club for £1 just like Bates did over at Leeds Utd

Re: Time to move forward..... : Wed Jun 13, 2012 7:59 pm  

mat wrote:

Adey what happens at the end of 14 days if we don't appoint administrators? Do we officially withdraw the application of intent ?

It's ten working days.

The moratorium period is usually employed to put together or finalise a prepack, although that is not a given, especially where a floating charge holder takes over the proceedings or there is a last minute white knight.

If the club had agreed instalments payments on the image rights tax and the lease sale VAT, then either they must have failed to comply with the instalment payment terms or not paid other taxes due, one presumes the 19 May PAYE since Hood stated by implication the 30 April VAT had been paid?

Not 100% sure what happens if the moratorium period expires without administrators being appointed as can't recall seeing such an event happen. However, as I understand it the moratorium lapses and administrators cannot be appointed down that "out of Court" route. A further notice can be filed to extend the moratorium, and I recall seeing a case on that a couple of years ago. I presume the High Court will not go along with anything that would amount to abuse of the process though.

Re: Time to move forward..... : Wed Jun 13, 2012 8:05 pm  

What do we actually owe, not the amount but what is it?

I thought Ducket set the tax had been sorted out?

Any ideas?

Re: Time to move forward..... : Wed Jun 13, 2012 8:36 pm  

Guess HMRC have seen the lack of any clear details from BOD mark 2 and decided there is no certainty of the payment plan being adhered to and gone for the jugular pretty much ensuring they ( and all us Bulls fans and taxpayers) will get nothing.
We think the club is badly managed HMRC could show us a lot about that?
If this is not part of the devious plan several posters suspect then you wonder why a further appeal has not been made to the fans?

Re: Time to move forward..... : Wed Jun 13, 2012 8:39 pm  

Adeybull wrote:

It's ten working days.


.

Hmm interesting timing so basically gets us through to Monday/ Tuesday after next home game. Could tie in with what someone posted earlier about an announcement at game.
Other thing I'm wondering is if the meeting with players/staff had a bit mote to it than suggested by certain posters, this being reflected in non performance against Sts?. Also if a decision to go admin route had been made, effectively ruling us out of this yrs playoffs, then clubs willingness to allow Bateman on oz tour is seen in a new light.

It seems to me a couple of pro admin/ caisley posters are conspicuous by there lack off comments on situation although I may be being unfair and they simply aren't aware of today's development. Forum seems quiet in general thus week tbh.

Re: Time to move forward..... : Wed Jun 13, 2012 8:54 pm  

mat wrote:

Also if a decision to go admin route had been made, effectively ruling us out of this yrs playoffs, then clubs willingness to allow Bateman on oz tour is seen in a new light.

I wondered that. I'm amazed that the decision to let Bateman just clear off to Australia right in the crucial part of the season hasn't drawn more ire. If we're going to get docked 6 points, then it hardly seems to matter as we'd have zero chance of reaching the playoffs anyway.

On the substantive point, it seems we now have a 'put up or shut up' scenario. If any these 'investors' or 'benefactors' or whatever the hell they are are genuine and serious, then they now need to get their cheque books out in the next two weeks.

I wonder what the realistic chances of that happening actually are?

Re: Administration : Wed Jun 13, 2012 9:06 pm  

Roofaldo wrote: Bulls Statement Is anyone honestly surprised by this state of affairs? I wouldn't be surprised to see Caisley buy back the club for £1 just like Bates did over at Leeds Utd The thing with admin is that it is no longer in Caisley's hands. If they go into admin the creditors take control and they could easily liquidate rather than take a cheap offer. Suddenly all players are for sale and it's the creditors interests not the clubs interest that are key.

Roofaldo wrote: Bulls Statement Is anyone honestly surprised by this state of affairs? I wouldn't be surprised to see Caisley buy back the club for £1 just like Bates did over at Leeds Utd The thing with admin is that it is no longer in Caisley's hands. If they go into admin the creditors take control and they could easily liquidate rather than take a cheap offer. Suddenly all players are for sale and it's the creditors interests not the clubs interest that are key.

Re: Time to move forward..... : Wed Jun 13, 2012 9:09 pm  

I want to set about someone with a baseball bat and absolutely fscking leather 'em.

That's all I have to say.