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| Did you read the bottom bit about players wages and overseas accounts.
Quote The offshore payments, which go back to at least 2005, have in some cases made up to 40% of players' salaries tax free, in addition to exempting clubs from National Insurance payments. Most Super League clubs, like their counterparts in other sports such as football and rugby union, have been involved in some offshore or image-rights schemes with their overseas players,'" |
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think ours is simpler, and smaller!
i dont think image rights on any of our over performing superstars would amount to much!
you need one off superstars with big noses for that, allegedly!
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| Quote ="RebelRebel"[iBanaghan represents Monaghan and also warned that another of his clients, the New Zealand Warriors' scrum half Nathan Fien, will pull out of a proposed move to Huddersfield next season unless the Giants can come up with "government-approved financial arrangements".[/i
Hmmmmm.... interesting..... but probably one for the Huddersfield board.
As some people have stated on this thread, =redif image rights are the reason we've been clobbered with this bill, then we're by no means alone, not that this justifies any action we may have taken (from an ethical point of view).'" what happened to the old fashion way, win / loss payment  |
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| Quote ="snowie"what happened to the old fashion way, win / loss payment
'"
maybe thats what we do and came a cropper cos we won and people didnt turn up mate???
in short trust jk! |
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| Quote ="chapster"maybe thats what we do and came a cropper cos we won and people didnt turn up mate???
in short trust jk!'" the lack of support has been a big factor, I just hope John Huxley is going to be the pied piper and bring them in,
time to get the Trin PR machine up and working  |
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He couldn't have asked for an easier start, could he?
Accentuate the positive
Eliminate the negative
Latch on to the affirmative
Don't mess with Mister In-Between
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| Quote ="RebelRebel"He couldn't have asked for an easier start, could he?
Accentuate the positive
Eliminate the negative
Latch on to the affirmative
Don't mess with Mister In-Between'"
actually this is a big non story!
our assets are in excess of 4 million i would guess including players and we owe not less than 300k?????
NON STORY!!!!
wait for the other ones!!!, at other clubs |
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| Quote ="chapster"actually this is a big non story!
our assets are in excess of 4 million i would guess including players and we owe not less than 300k?????
NON STORY!!!!
wait for the other ones!!!, at other clubs'" are we allowed to guess the clubs without getting in to trouble  |
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| Quote ="chapster"
our assets are in excess of 4 million i would guess'"
You are the club accountant and I claim my overseas forum moderator image rights of 1p (OK, I know that's excessive, but you have to think big...) |
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| Quote ="snowie"are we allowed to guess the clubs without getting in to trouble
'"
Wire
Bradford
Saints
Cas
Leeds
would be my guesses, think i saw 5 other clubs being quoted.
Just a guess though. |
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| Quote ="chapster"actually this is a big non story!
our assets are in excess of 4 million i would guess including players and we owe not less than 300k?????
NON STORY!!!!
wait for the other ones!!!, at other clubs'"
Assets of 4 million.. why not use it for a new stadium?. |
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| Quote ="smiffy14"Assets of 4 million.. why not use it for a new stadium?.'"
because it would not touch the sides and leave the club with no team? |
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| Quote ="jonh"Wire
Bradford
Saints
Cas
Leeds
would be my guesses, think i saw 5 other clubs being quoted.
Just a guess though.'" if these clubs were to be rumoured as well Wires, saints and leeds would be strong enough to shrug it of , not so easy for bradford and cas |
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| Quote ="smiffy14"Assets of 4 million.. why not use it for a new stadium?.'" as Jonh said it wouldn't leave us much to play with and a bog standard stadium that wouldn't even be worth super league status |
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I'm away on holiday so missed this breaking news.
It's not good but am I missing something. We have major problems in so much as we owe HMRC a lot of money. The club has stated that we have agreed a repayment plan with them which is being met so whilst the situation is not as we would like it looks under control. Whats the problem and all this talk of winding up administration. If we fail to repay HMRC we will be wound up - that applies to any business who owes the Revenue but if we repay as agreed we will be fine.
Am I missing something, if so could someone enlighten me.
The main worry is how we have got into this postion. Does anyone know what the debt is- is it VAT, PAYE, Image Rights, Capital Gains on the sale of the Ground ?
I'll be surprised if we are the only Club in this position but we seem to be the one that seems to be singled out in the media - why ? or is it only us ?
We need a statement from the Club explaining how we got where we are and what we are doing to remedy the situation so as to stop all these rumours and steady the ship.
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| Quote ="Sandal Cat"I'm away on holiday so missed this breaking news.
It's not good but am I missing something. We have major problems in so much as we owe HMRC a lot of money. The club has stated that we have agreed a repayment plan with them which is being met so whilst the situation is not as we would like it looks under control. Whats the problem and all this talk of winding up administration. If we fail to repay HMRC we will be wound up - that applies to any business who owes the Revenue but if we repay as agreed we will be fine.
Am I missing something, if so could someone enlighten me.
The main worry is how we have got into this postion. Does anyone know what the debt is- is it VAT, PAYE, Image Rights, Capital Gains on the sale of the Ground ?
I'll be surprised if we are the only Club in this position but we seem to be the one that seems to be singled out in the media - why ? or is it only us ?
We need a statement from the Club explaining how we got where we are and what we are doing to remedy the situation so as to stop all these rumours and steady the ship.'"
agreed. i've been reluctant to comment on here because i accept my ignorance in these matters. little bits of information which may be accurate or otherwise only serve to prolong the acrimony towards the club. a brief statement to fill in a few of the gaps without going into too much detail would be beneficial imo |
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| Quote ="snowie"the lack of support has been a big factor, I just hope John Huxley is going to be the pied piper and bring them in,
time to get the Trin PR machine up and working
'"
powered by the spinning jenny |
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| Player Coach | 489 | No
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| Quote ="snowie"if these clubs were to be rumoured as well Wires, saints and leeds would be strong enough to shrug it of , not so easy for bradford and cas'"
If Cas had anything to do with off shore accounts and image rights it would surprise me with the player signings we've made. As for what's going on at Wakey though, it will all come out in the fullness of time and it might be a lot of money to pay out, but i can't see you going under because of this. See you next year.
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| International Chairman | 5392 | No
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| Dec 2001 | 23 years | |
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| Quote ="12noon"If Cas had anything to do with off shore accounts and image rights it would surprise me with the player signings we've made. As for what's going on at Wakey though, it will all come out in the fullness of time and it might be a lot of money to pay out, but i can't see you going under because of this. See you next year.
'" looking forward to it |
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| Player Coach | 829 | No
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| Quote ="Sandal Cat"I'm away on holiday so missed this breaking news.
It's not good but am I missing something. We have major problems in so much as we owe HMRC a lot of money. The club has stated that we have agreed a repayment plan with them which is being met so whilst the situation is not as we would like it looks under control. Whats the problem and all this talk of winding up administration. If we fail to repay HMRC we will be wound up - that applies to any business who owes the Revenue but if we repay as agreed we will be fine.
Am I missing something, if so could someone enlighten me.
The main worry is how we have got into this postion. Does anyone know what the debt is- is it VAT, PAYE, Image Rights, Capital Gains on the sale of the Ground ?
I'll be surprised if we are the only Club in this position but we seem to be the one that seems to be singled out in the media - why ? or is it only us ?
We need a statement from the Club explaining how we got where we are and what we are doing to remedy the situation so as to stop all these rumours and steady the ship.'"
Dont worry Sandal everything is fine. As discussed by many in the know on here. Igonore what you have read in the papers and the scary words like HMRC, High court, winding up etc.
Our press officer will soon make a statement.
 |
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| Quote ="Sandal Cat"I'm away on holiday so missed this breaking news.
It's not good but am I missing something. We have major problems in so much as we owe HMRC a lot of money. The club has stated that we have agreed a repayment plan with them which is being met so whilst the situation is not as we would like it looks under control. Whats the problem and all this talk of winding up administration. If we fail to repay HMRC we will be wound up - that applies to any business who owes the Revenue but if we repay as agreed we will be fine.
Am I missing something, if so could someone enlighten me.
The main worry is how we have got into this postion. Does anyone know what the debt is- is it VAT, PAYE, Image Rights, Capital Gains on the sale of the Ground ?
I'll be surprised if we are the only Club in this position but we seem to be the one that seems to be singled out in the media - why ? or is it only us ?
We need a statement from the Club explaining how we got where we are and what we are doing to remedy the situation so as to stop all these rumours and steady the ship.'"
Agree totally, the bit I dont understand is the club agreed payments with the HMRC, paid these but still had to go to court for a winding up petition? That bit doesnt make sense or is it me? I honestly dont think the club will have a problem paying the amounts owed in instalments but why the HMRC took it to court and it all became public is a mystery... |
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| Quote ="Walrus"Dont worry Sandal everything is fine. As discussed by many in the know on here. Igonore what you have read in the papers and the scary words like HMRC, High court, winding up etc.
Our press officer will soon make a statement.
'"
Love it. |
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| Quote ="12noon"If Cas had anything to do with off shore accounts and image rights it would surprise me with the player signings we've made. As for what's going on at Wakey though, it will all come out in the fullness of time and it might be a lot of money to pay out, but i can't see you going under because of this. See you next year.
'"
i would be amazed if cas were involved in this, thats if it is to do with image rights. what image rights can there be to pay on over the hill and crocked aussies and kiwis, the only one it could be at cas is goldy and if his image is worth more than £1.50 than i am a dutchman |
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| International Board Member | 20457 | No
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| May 2003 | 22 years | |
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| Quote ="tigerman1"i would be amazed if cas were involved in this, thats if it is to do with image rights. what image rights can there be to pay on over the hill and crocked aussies and kiwis, the only one it could be at cas is goldy and if his image is worth more than £1.50 than i am a dutchman
'"
No Rugby League players image is worth anything thats not the point, the point is they pay them to get the image right even though they have no intention or real commercial use for it.
Its a payment for nothing in effect. |
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