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It is sometimes better to remain silent and be thought a fool than to speak up and remove all doubt !

Winding up order : Fri Nov 27, 2009 12:52 pm  
Announcement on the Cougars website.
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Re: Winding up order : Fri Nov 27, 2009 12:59 pm  
Johnhud100 wrote:
Announcement on the Cougars website.


http://www.keighleycougars.info/a-state ... -i935.html

Ouch. Not good news at all but quite as bad as your comment suggested.
Johnhud100 wrote:
Announcement on the Cougars website.


http://www.keighleycougars.info/a-state ... -i935.html

Ouch. Not good news at all but quite as bad as your comment suggested.
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: Fri Nov 27, 2009 1:08 pm  
Do you mean NOT quite as bad ?, never said how bad it was just making people aware, but there you go.
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: Fri Nov 27, 2009 1:39 pm  
Johnhud100 wrote:
Do you mean NOT quite as bad ?, never said how bad it was just making people aware, but there you go.


It is a threatened wind-up order rather an actual one.
obeone 
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: Fri Nov 27, 2009 1:56 pm  
How can this be?Thought we were sound.


Is this the end?
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: Fri Nov 27, 2009 2:14 pm  
Hedgehog King wrote:
It is a threatened wind-up order rather an actual one.
So beginning winding up procedings is just a threat !! we will be ok i am sure
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: Fri Nov 27, 2009 2:50 pm  
Johnhud100 wrote:
So beginning winding up procedings is just a threat !! we will be ok i am sure


Pay the money in the meantime and there will be no winding up.
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: Fri Nov 27, 2009 3:09 pm  
Hope the club get this sorted. Any idea how much is owed?
obeone 
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: Fri Nov 27, 2009 4:44 pm  
You got any info GW ?
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: Fri Nov 27, 2009 5:05 pm  
Lets just say this will not be the end of the club.

The inland revenue were offered a deal. Which would have seen a very large amount of money. In fact more than half of the outstanding debt given to them in a lump sum. With the remaining amount to be paid back within one year.
This was turned down by the tax authorities and a threat of a winding up order was made.

The club have come up with the only working plan left to them.
The plan with the new directors will make the club stronger.

I know a hell of a lot more, but have been asked not to tell everything i know.

I will be at the pre season games and will be at the first home game of the season.
Make sure you are as well.
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