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| Oh ****
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| Yeah that came via a v strong source on the playing staff. We await with baited breath.....
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| I fear due to the current franchise structure any club struggling outside of SL doesn't represent any interest for anyone with any money
Well done the RFL
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| Sounds as though it is kosher.
We await a statement from Trevor.......
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| I reckon they'll try a couple of other avenues first.... and then we'll need a statement.
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| Any clues about the avenues?
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| So what will this mean in real terms to us, i may sound a bit thick, but will it mean we go bust or what?
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| don't throw in the towel just yet - it seems to me that other clubs, like Wakefield, have seemingly been seconds from the end and the taxman was part of the problem - and yet they are still going.
I don't know the facts but potentially they are holding put for a better deal - when they realise it isn't coming and they may end up with less, they may think again.
40 grand is not a lot of money to them - it would be awful if it was that amount which tipped us over into the abyss.
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| Ring some businessmen up who may want to help??
Look out for a very unexpected saviour
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| What is important now is, a) How much do we owe HMRC? b) How long are they going to give us to pay it?
Until we know the answers to those questions, we have no idea what is going to happen next.
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| HMRC will probably instigate a winding up order, so yes the club will go to the wall.
And I fear HMCR will use us as an example and stuff us.
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| Where has this story that we were offering the TAX man so many pence in the pound? Anyone in their right mind knows that this never happens. At the fans forum and before it. Was the plan to delay the payment for 6 or 12 months not the case, and were we not very close or certain that they would accept this? What has happened behind closed doors in the quiet period since the forum meeting? Thats what I want to know.
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Player Coach | 2950 | No Team Selected |
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| Unbelielvable! What on earth are we doing trying to negotiate with the tax man!! What a waste of time. They always get what they want, even if it puts a company under. They would have been better using their energy to raise the funds to pay the taxes and then try to negotiate with all the other creditors afterwards. I thought the BOD were experienced businessmen?
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International Chairman | 9547 | No Team Selected |
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| Quote ="FredParky"HMRC will probably instigate a winding up order, so yes the club will go to the wall.
And I fear HMCR will use us as an example and stuff us.'"
That's definably the worst case scenario.
But how much will HMRC get if they wind us up? Not much. We may be worth more to them as a going concern.
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International Chairman | 6602 | No Team Selected |
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| Quote ="THECherry&Whites"Unbelielvable! What on earth are we doing trying to negotiate with the tax man!! What a waste of time. They always get what they want, even if it puts a company under. They would have been better using their energy to raise the funds to pay the taxes and then try to negotiate with all the other creditors afterwards. I thought the BOD were experienced businessmen?
'"
100% correct.
Without doubt we have been fed bull5hit at the those fans forums
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Player Coach | 788 | No Team Selected |
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| Quote ="Michael_Ward"That's definably the worst case scenario.
But how much will HMRC get if they wind us up? Not much. We may be worth more to them as a going concern.'"
But do they ever think like that?
They want all or nothing and will wind us up.
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International Chairman | 25757 | No Team Selected |
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| They won't get a penny Michael but that's not the point I make I think they will screw us to the ground as a warning to others.
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International Chairman | 9547 | No Team Selected |
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| Quote ="rugbyballs"But do they ever think like that?
They want all or nothing and will wind us up.'"
I think you're both correct.
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International Chairman | 5152 | No Team Selected |
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| To be fair we don't know or aren't privy to what was offered. I wonder if we can get Andy Burnham taking the case up for us. I can understand HMRC stance, sports clubs have got away with murder in the past.
As I questioned, when was the first fans forum? At the time we looked a good bet to make the GF and with £30k at least pocketed there wouldn't have been a problem, sadly this is what happens when something happens to a wealthy benefactor.
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Player Coach | 7676 | No Team Selected |
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| I now want to know where all this money we have raised and the money that I am paying to LISA is going to go if we go bust?
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Player Coach | 788 | No Team Selected |
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| Quote ="TV BOY"I now want to know where all this money we have raised and the money that I am paying to LISA is going to go if we go bust?'"
Sounds like a good question!
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Player Coach | 6858 | No Team Selected |
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Oct 2009 | 15 years | |
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| Quote ="TV BOY"I now want to know where all this money we have raised and the money that I am paying to LISA is going to go if we go bust?'"
hopefully LISA can get its money back and the funds that have been raised are in a secure bank account.
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International Chairman | 9547 | No Team Selected |
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| LISA is a separate organisation - any money that it currently hold will stay where it is.
Any money that went to the club will have been used, or will be used, to pay our creditors or service or overdraft, etc.
We can't let this issue put us off trying to save our club, but we need to make sure the money goes to LISA to protect it, and that it is only handed over when the clubs future is secured (even if the LISA money is part of what is securing that future)
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International Chairman | 5152 | No Team Selected |
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May 2002 | 23 years | |
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Mar 2021 | Mar 2014 | LINK |
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| I'm sure the LISA money is ring fenced... although more learned people than I will surely answer more thoroughly.
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Player Coach | 788 | No Team Selected |
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Feb 2009 | 16 years | |
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| Quote ="Michael_Ward"LISA is a separate organisation - any money that it currently hold will stay where it is.
Any money that went to the club will have been used, or will be used, to pay our creditors or service or overdraft, etc.
We can't let this issue put us off trying to save our club, but we need to make sure the money goes to LISA to protect it, and that it is only handed over when the clubs future is secured (even if the LISA money is part of what is securing that future)'"
If we go bust and no new club is formed what happens to the funds then?
But I suppose there must be a contingency plan?
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