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25% => The Boardroom => Topic started by: STFC_Gazzza on Thursday, December 6, 2007, 16:12:27



Title: Holt: We have insufficient Funds To Continue Trading
Post by: STFC_Gazzza on Thursday, December 6, 2007, 16:12:27
WEll there we go. On the O.S now..Will try and get back around the table to continue negotiations and beg Wills for more dosh.

http://www.swindontownfc.co.uk


Title: Holt: We have insufficient Funds To Continue Trading
Post by: STFC Bart on Thursday, December 6, 2007, 16:13:17
Sell the club FFS.

SSW has no more money- this is just sheer greed


Title: Holt: We have insufficient Funds To Continue Trading
Post by: kevjoycreed on Thursday, December 6, 2007, 16:13:48
Fittons second statement says he's not interested in 'getting back round the table'
Holt really is behind the game on this. Twat  :twisted:


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Chubbs on Thursday, December 6, 2007, 16:13:50
CUNT!!!


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Arriba on Thursday, December 6, 2007, 16:14:13
barts right imo.and the first thing to go will be the c of e.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: STFC Bart on Thursday, December 6, 2007, 16:14:52
What makes them think they are in a position to bargain- they are not

They do not deserve any profits/money- they have run this club into the ground


Title: Holt: We have insufficient Funds To Continue Trading
Post by: tans on Thursday, December 6, 2007, 16:14:55
For fuck sake.

If you were honest from the start, and stopped dropping in the last minute clauses then we would have a club.

Fucking lying deceitful bunch of cunts  :fu:


Title: Holt: We have insufficient Funds To Continue Trading
Post by: magicroundabout on Thursday, December 6, 2007, 16:15:03
CUNTS CUNTS CUNTS CUNTS CUNTS

THE FUCKING LOT OF THEM ARE CUNTS.

FUCK OFF PLEASE YOUR NOT WELCOME ANYMORE


Title: Holt: We have insufficient Funds To Continue Trading
Post by: DMR on Thursday, December 6, 2007, 16:17:00
AAAAAARGH, Bob you're the worst of them all.

I hope Wisey knocked you out you silly old cunt.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: newmarket red on Thursday, December 6, 2007, 16:21:45
Fuck the lot of them next home game people we all need to stand as one when will all supporters realize this wake up people :evil:


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 16:24:11
Quote from: "newmarket red"
Fuck the lot of them next home game people we all need stand as one when will all supporters realize this wake up people :evil:


If there's another home game, if there is i suggest we take things to another level, i can see there being riots.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 16:25:05
Quote from: "newmarket red"
Fuck the lot of them next home game people we all need stand as one when will all supporters realize this wake up people :evil:


If there's another home game, if there is i suggest we take things to another level, i can see there being riots.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: flammableBen on Thursday, December 6, 2007, 16:26:09
Quote from: "newmarket red"
Fuck the lot of them next home game people we all need stand as one when will all supporters realize this wake up people :evil:


We should all hold hand, circle the county ground and sing Katrina and The Waves' brilliant Eurovision winner - "Love Shines a Light".


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Power to people on Thursday, December 6, 2007, 16:26:46
Quote from: "newmarket red"
Fuck the lot of them next home game people we all need stand as one when will all supporters realize this wake up people :evil:


If we make it to the next home game - all it needs is for a HMRC or the council to issue a winding up order or for Androniku to collapse the CVA and it is game over

I'm sure now the Fitton deal has collapsed then HMRC won't take any risks and will slap in the WUO so they are at the front of the queue for their money when the assets are sold off


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Phil_S on Thursday, December 6, 2007, 16:27:46
Totally agree. I'm for standing behind the Arkells all through the match.
If only we could unite & get several thousand their, the message might just get through. Particularly as we wouldn't be buying tickets.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: magicroundabout on Thursday, December 6, 2007, 16:28:30
a total boycot of the game would be good and all those people who would have attended to demonstraight from outside the ground.

or if people are adament to attend the game then everyone should protest by turning there back on the current board of directors before kick off.

followed by 90mins of singing for every single town player there. no anti board chants just full support for the team.
then after 90mins unleash hell at the cunts


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 16:29:27
A boycott is definitley required for the next game (if there is one)

Android won't fail the CVA, he's too bummy with diamond mike.

I hope the HMRC issue a winding up order now.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Tails on Thursday, December 6, 2007, 16:29:27
Is it worth a fans united day? Brighton had one, so to have one against Brighton would be quite a good idea IMO.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Arriba on Thursday, December 6, 2007, 16:30:13
can the trust set the wheels in motion for the town to come together and march????
and a boycott i would support.the team will go nowhere anyway this season with the embargo in place. so it wont do any harm imo


Title: Holt: We have insufficient Funds To Continue Trading
Post by: kevjoycreed on Thursday, December 6, 2007, 16:30:31
Quote from: "Tails"
Is it worth a fans united day? Brighton had one, so to have one against Brighton would be quite a good idea IMO.


They might even support us with it.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: RobertT on Thursday, December 6, 2007, 16:30:56
Quote from: "magicroundabout"
a total boycot of the game would be good and all those people who would have attended to demonstraight from outside the ground.

or if people are adament to attend the game then everyone should protest by turning there back on the current board of directors before kick off.

followed by 90mins of singing for every single town player there. no anti board chants just full support for the team.
then after 90mins unleash hell at the cunts


If they don't give a shit about millions of pounds of debts being enforced any minute now, then a few people turning their backs on the seats where the Board would have normally been sat isn't going to have the slightest impact on them.

It's nasty or not at all - direct action or boycott.  Anything else just perpetuates their reign by providing short term cashflow.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 16:31:45
I think it does need to get nasty now to have any effect, protests etc don't bother them.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Phil_S on Thursday, December 6, 2007, 16:31:50
Quote from: "Tails"
Is it worth a fans united day? Brighton had one, so to have one against Brighton would be quite a good idea IMO.


Im fairly sure that Brighton fans would support it. But would all of our fans.
(I apologise for saying this, but I really am hacked off)


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Foggy on Thursday, December 6, 2007, 16:33:57
I can understand people wanting to protest but what will it achieve? Its obvious that the current board dont give a flying fuck about the fans or the club so why would they bother about a protest? The way to hit them is in the pocket and that means a total boycotting of all home games .


Title: Holt: We have insufficient Funds To Continue Trading
Post by: kevjoycreed on Thursday, December 6, 2007, 16:34:13
Quote from: "arriba"
can the trust set the wheels in motion for the town to come together and march????


I doubt they will bother. All they seem happy to do is stand and sing behind the Arkells.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Bogus Dave on Thursday, December 6, 2007, 16:34:13
how long does it take from a wup being ordered to a company being closed down?


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 16:34:18
The loyal board arse lickers will just carry on as normal no doubt, How blind are some people.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: redbullzeye on Thursday, December 6, 2007, 16:35:18
FWIW Fitton was asked what the likely outcome for the club would be now the deal has collapsed, to which he gave 2 scenario's.  Firstly they would struggle on with Wills finding the cash to pay the weekly running costs.  Secondly the club would be declared bankrupt. He stated that someone would pick the club up if it were declared bankrupt as none of the impediments that stalled his bid would apply (I'm not totally sure what this means) Obviously this would mean losing points as Luton have.  There was no mention of us not being allowed to go into administration again as we've been there twice.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: tans on Thursday, December 6, 2007, 16:35:33
Quote from: "STFC dave"
how long does it take from a wup being ordered to a company being closed down?


It depends i think


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 16:36:23
Surely a points deduction is forthcoming......


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Bogus Dave on Thursday, December 6, 2007, 16:37:02
Quote from: "tans"
Quote from: "STFC dave"
how long does it take from a wup being ordered to a company being closed down?


It depends i think


ok, whats the quickest it can happen


Title: Holt: We have insufficient Funds To Continue Trading
Post by: tans on Thursday, December 6, 2007, 16:37:41
Fred might be a good person to ask tbh Dave


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Colin Todd on Thursday, December 6, 2007, 16:37:43
14 days from being issued I believe?


Title: Holt: We have insufficient Funds To Continue Trading
Post by: RobertT on Thursday, December 6, 2007, 16:38:33
Quote from: "redbullzeye"
FWIW Fitton was asked what the likely outcome for the club would be now the deal has collapsed, to which he gave 2 scenario's.  Firstly they would struggle on with Wills finding the cash to pay the weekly running costs.  Secondly the club would be declared bankrupt. He stated that someone would pick the club up if it were declared bankrupt as none of the impediments that stalled his bid would apply (I'm not totally sure what this means) Obviously this would mean losing points as Luton have.  There was no mention of us not being allowed to go into administration again as we've been there twice.


If the club go into liquidation then it loses it's League Share.  The club can be reformed if need be but it won't be allowed to play in the League and must reapply to enter the pyramid - which I think you can do at about Southern Premier League level, same as Supermarine, provided you have the resources etc to back that bid.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Sussex on Thursday, December 6, 2007, 16:38:34
What a total balls up. It's fucking embarrassing.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: stfctownenda on Thursday, December 6, 2007, 16:39:09
Quote from: "Fogster"
I can understand people wanting to protest but what will it achieve? Its obvious that the current board dont give a flying fuck about the fans or the club so why would they bother about a protest? The way to hit them is in the pocket and that means a total boycotting of all home games .


I think both things would be important though, as many people as possible boycotting but also being down at the ground protesting that would show them how strongly people are against them and we could do that right in there faces.  I think if everyone just boycotted but did nothing else it would not work, they are already taking the club under so a loss of revenue if not going to matter massively but that with a protest outside during the game and I think it could be an excellent idea.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Simon Pieman on Thursday, December 6, 2007, 16:39:29
It'll get put before the Court within 7 days of appearing in the London Gazette, which is within 7 days of issuing it to the club.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: kevjoycreed on Thursday, December 6, 2007, 16:39:46
Quote from: "redbullzeye"
FWIW Fitton was asked what the likely outcome for the club would be now the deal has collapsed, to which he gave 2 scenario's.  Firstly they would struggle on with Wills finding the cash to pay the weekly running costs.  Secondly the club would be declared bankrupt. He stated that someone would pick the club up if it were declared bankrupt as none of the impediments that stalled his bid would apply (I'm not totally sure what this means) Obviously this would mean losing points as Luton have.  There was no mention of us not being allowed to go into administration again as we've been there twice.


Just to expand on that, he was also asked what going into liquidation would mean for the club, to which his answer was 'a clean slate financially but a disaster from a football perspective'.
When asked if he would be interested in rescuing the club from liquidation he replied he was only interested in the club as a footballing success.
He seemed to paint quite a bleak picture and seemed quite genuine when he said the player, staff and fans of the club don't deserve the shit we are being served up.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Tails on Thursday, December 6, 2007, 16:40:00
So what's the best way to deal with this... A boycott with a protest outside? If we get a fans united day we'll have a lot more protesting, and if its fans of other clubs as well as ours and national media is involved the pressure will be really high on the board.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: tans on Thursday, December 6, 2007, 16:40:08
Re Rob Ts post:

Didnt FC United and AFC Wimbledon start in the league below that?

Fuck me if thats the case thatll be Hellenic League wouldnt it? Fucking hell even i used to play at that standard


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Bogus Dave on Thursday, December 6, 2007, 16:40:34
so their is still some time then...


Title: Holt: We have insufficient Funds To Continue Trading
Post by: STFC Bart on Thursday, December 6, 2007, 16:40:38
I think Baghdad Bob is thinking about admin again


Title: Holt: We have insufficient Funds To Continue Trading
Post by: RobertT on Thursday, December 6, 2007, 16:40:38
Diamandis couldn't give two shits what we do outside the ground.  If the same number were to turn up on his doorstep he might get a little ruffled though.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 16:42:15
Yes Diamandis did say that if he or his family was abused he would leave, he wouldn't like people turning up on his doorstep.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: red macca on Thursday, December 6, 2007, 16:42:44
well lets do it


Title: Holt: We have insufficient Funds To Continue Trading
Post by: sonic youth on Thursday, December 6, 2007, 16:42:54
Quote from: "kevjoycreed"
Quote from: "arriba"
can the trust set the wheels in motion for the town to come together and march????


I doubt they will bother. All they seem happy to do is stand and sing behind the Arkells.
instead of making cheap digs - and this really isn't the time for cheap digs - try making a constructive suggestion.

the funeral march on saturday was trust organised. as were the funny money.

so yeah...not just standing behind the arkells.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Tails on Thursday, December 6, 2007, 16:42:58
What are you suggesting Mr. Tuck?


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Melksham Red on Thursday, December 6, 2007, 16:48:54
Quote from: "RobertT"
Diamandis couldn't give two shits what we do outside the ground.  If the same number were to turn up on his doorstep he might get a little ruffled though.


I agree. Get up close and personal to him and his family. Really frighten the cunt.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Samdy Gray on Thursday, December 6, 2007, 16:50:24
Quote from: "STFC dave"
how long does it take from a wup being ordered to a company being closed down?


It's beyond that now.

Holt's admitted we don't have the funds to keep trading = insolvent.

That means it's illegal to keep trading and they'll have to call the liquidators in (not that there's any real assets to liquidate).

It's game set and match.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: RobertT on Thursday, December 6, 2007, 16:50:33
Quote from: "Tails"
What are you suggesting Mr. Tuck?


That the man who holds the sway is not on the Board, so protesting serves no purpose now (I thought it did many months ago when we actually thought Wills would listen).  To get the club sold Diamandis needs to be removed.  The only way to do that is show him there is no money to be made, ever, or by influencing him in the only way a bully knows.

Now, I'm far too fucking chicken to do the latter, and to even suggest others should so it on a public forum would get someone in trouble, so for me the only option to so starve the club of any income at all.  Make it seem like it can't survive from month to month with a few cash injections until he finally gets the ground payoff or a sale agreed to someone willing sign away those profits.

The problem is it might end the same way


Title: Holt: We have insufficient Funds To Continue Trading
Post by: kevjoycreed on Thursday, December 6, 2007, 16:56:52
Quote from: "sonic youth"
Quote from: "kevjoycreed"
Quote from: "arriba"
can the trust set the wheels in motion for the town to come together and march????


I doubt they will bother. All they seem happy to do is stand and sing behind the Arkells.
instead of making cheap digs - and this really isn't the time for cheap digs - try making a constructive suggestion.

the funeral march on saturday was trust organised. as were the funny money.

so yeah...not just standing behind the arkells.


It wasn't meant as a cheap dig.
The fact does stand though that previously most people, fans and trust alike, were more interested in behind the Arkells than more high profile marches etc.
I admit my post was born of frustration, mostly due to the fact this could of and should of already happened.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Colin Todd on Thursday, December 6, 2007, 16:58:44
I've said it before and I'll say it again Marches round the town centre achieve nothing - out of sight out of mind for those fuck heads.

Needs to be in the ground and in ther faces so to speak


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Jesus Loves Porn on Thursday, December 6, 2007, 17:00:21
Surely the fact they can use the company as a tax write off means it is worth something to them.

Sadly the £ on the table may not be worth as much as the benefit they receive from killing the club.

The only way other clubs have survived at this point in time (Wrexham springs to mind) is mass publicity. We now need the sympathy vote from the footballing world. How we achieve this is not something I am skilled in however no football fan wants to see any football club die.

If it can be made clear through the national press what has actually happened then maybe it may be possible to shame certain individuals into leaving


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Phil_S on Thursday, December 6, 2007, 17:00:57
Quote from: "kevjoycreed"
Quote from: "sonic youth"
Quote from: "kevjoycreed"
Quote from: "arriba"
can the trust set the wheels in motion for the town to come together and march????


I doubt they will bother. All they seem happy to do is stand and sing behind the Arkells.
instead of making cheap digs - and this really isn't the time for cheap digs - try making a constructive suggestion.

the funeral march on saturday was trust organised. as were the funny money.

so yeah...not just standing behind the arkells.


It wasn't meant as a cheap dig.
The fact does stand though that previously most people, fans and trust alike, were more interested in behind the Arkells than more high profile marches etc.
I admit my post was born of frustration, mostly due to the fact this could of and should of already happened.

Kev, understand your frustration & share it. But it ain't the TRUST's fault. It's the fault of the current owners off STFC, & the apathy that has allowed them to continue.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 17:01:13
Protests etc just don't work, we've tried it it doesn't have any effect, marches won't do anything, it needs to be something harder.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 17:02:02
I hope when we go bust that investigations into why we went bust will put some people behind bars.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: kevjoycreed on Thursday, December 6, 2007, 17:07:36
Quote from: "Phil_S"
Kev, understand your frustration & share it. But it ain't the TRUST's fault. It's the fault of the current owners off STFC, & the apathy that has allowed them to continue.


I don't blame the Trust for the current situation, never have done.
I do however have little faith in the fact the Trust will organise a full scale march in and around the Town Centre. That was the point I was making.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 17:08:16
I think the board have something to hide, hence why they won't sell.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: DiV on Thursday, December 6, 2007, 17:09:16
you think?

I think we all know full well they have loads to hide


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 17:09:47
Posted by cambs_Red on thisis just now:

I heard from someone who was at the club this afternoon that the directors had threatened to resign because of Diamandis unreasonable demands. I wonder if they have finally realised what a complete twat he is.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: tans on Thursday, December 6, 2007, 17:09:50
I think theyre all cunts and thats why they wont sell. But yes i was thinking the same, there is something more at the bottom of this murky puddle.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: STFC Bart on Thursday, December 6, 2007, 17:10:10
One andrew fitton you have hit the nail on the head, there are things they dont want coming out. However sell/not sell it will in the end as if we go bust a full investigation will be demanded.

All this does is delay the truth for a short while- though deep down we all know what it is and where the money has gone......


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 17:12:42
There's probably so many skeletons that they just won't go, mind you if we go bust investigations will take place anyway and things will be found out and the skeletons will be revealed.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: STFC Bart on Thursday, December 6, 2007, 17:13:25
Exactly OAF

This is just delaying the process for a short while


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 17:19:16
Anyone think that the rumour about Diamandis having a hold over Wills is true? because i just don't get why he listens to him time and time again no matter how bad the situation is, it just doesn't make sense.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: lambourn red on Thursday, December 6, 2007, 17:56:51
Quote from: "Fogster"
I can understand people wanting to protest but what will it achieve? Its obvious that the current board dont give a flying fuck about the fans or the club so why would they bother about a protest? The way to hit them is in the pocket and that means a total boycotting of all home games .


Bullshit the way to hit them is with a baseball bat in the Bollocks  :evil:


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Ralphy on Thursday, December 6, 2007, 17:56:55
Quote from: "tans"
Re Rob Ts post:

Didnt FC United and AFC Wimbledon start in the league below that?

Fuck me if thats the case thatll be Hellenic League wouldnt it? Fucking hell even i used to play at that standard


Fuck me that must be a shit league  :wink:

Away to Chipping Norton though would be ace  :D


Title: Holt: We have insufficient Funds To Continue Trading
Post by: tans on Thursday, December 6, 2007, 18:28:55
They dont have a team anymore ralph, they folded when i played for them


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Summerof69 on Thursday, December 6, 2007, 18:42:41
From Banbury on thisis :

From my reliable source.

Fitton this week has been trying to ring SSW to resolve the issues.

.......but guess what he could not get hold of him as he has gone Grouse shooting.

The football club is facing extinction and he goes Grouse shooting. Just about sums them up.

Hatred of the first order.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 18:45:18
i have no respect for that man, he's as bad as diamandis, they just care about money and nothing else.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Simon Pieman on Thursday, December 6, 2007, 18:48:08
Quote from: "Jesus Loves Porn"
Surely the fact they can use the company as a tax write off means it is worth something to them.



Nice theory, but just how would they do that?


Title: Holt: We have insufficient Funds To Continue Trading
Post by: adje on Thursday, December 6, 2007, 18:57:57
Quote from: "OneAndrewFitton"
Posted by cambs_Red on thisis just now:

I heard from someone who was at the club this afternoon that the directors had threatened to resign because of Diamandis unreasonable demands. I wonder if they have finally realised what a complete twat he is.



This cunt,who originally got involved"for a laugh"is turning me into an advocate of violence.That's some fucking achievement!


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 19:00:56
I think alot of us feel the same way adje, i'm so fucking angry and the only people to blame are ssw/diamond mike.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Fred Elliot on Thursday, December 6, 2007, 19:11:37
Quote from: "Si Pie"
It'll get put before the Court within 7 days of appearing in the London Gazette, which is within 14 days of issuing it to the club.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Simon Pieman on Thursday, December 6, 2007, 19:14:15
Sorry Fred. I meant 7 days from appearing in the Gazette. So 7+7=14.

But it's all incidental anyway isn't it?  :(


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Fred Elliot on Thursday, December 6, 2007, 19:14:58
Quote from: "Samdy Gray"
Quote from: "STFC dave"
how long does it take from a wup being ordered to a company being closed down?


It's beyond that now.

Holt's admitted we don't have the funds to keep trading = insolvent.

That means it's illegal to keep trading and they'll have to call the liquidators in (not that there's any real assets to liquidate).

It's game set and match.


ANY PROTESTS ARE FUTILE..............UTTER UTTER FUCKING FUTILE

WE HAVE LOST, IT'S AS SIMPLE AS THAT

I HAVE LOST THE WILL TO DO ANYTHING

BUT I PUT DIAMANDIS ON NOTICE NOW


I'LL FIND YOU................................I FUCKING PROMISE


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Thursday, December 6, 2007, 19:16:55
Diamandis will be hunted down by a few really angry fans who don't care about consequences.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: ghanimah on Thursday, December 6, 2007, 19:20:26
Quote from: "OneAndrewFitton"
Diamandis will be hunted down by a few really angry fans who don't care about consequences.


A few mentioned that on thisis and the thread got deleted.  :)


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Jesus Loves Porn on Thursday, December 6, 2007, 19:23:54
Quote from: "Si Pie"
Quote from: "Jesus Loves Porn"
Surely the fact they can use the company as a tax write off means it is worth something to them.



Nice theory, but just how would they do that?


Depends on the exact company structure of an overall group. I am not sure if any part of the club is tide in with other areas but it is feasible to use the losses of the club against another areas profit.

It fully depends on the company structure but it wouldnt suprise me if the club is tied up in some way in a tangled web.

Either way there must be a financial reason not to allow the club to be sold. If wound up then the clubs accounts will be looked at very closely by supporters, creditors and the FA. Anything being hidden now will come out whatever. I am sure they are well aware of that so there is no point in not selling just to hide activities.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: horlock07 on Friday, December 7, 2007, 08:35:20
What is Andronikou's role in all this, has he actually said anything as I cannot see that he is acting in the best interests of the creditors by allowing the directors to refuse what is essentially payment of the debt.

Sadly I do think its all too late and its game over time.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: OneAndrewFitton on Friday, December 7, 2007, 08:58:01
Holt makes me laugh saying the wills have spoken to another interested party, no-one is going to pay them anymore then Fitton plus it's too late for all the takeover due dilligence crap, far too late, it's Fitton or nothing.


Title: Holt: We have insufficient Funds To Continue Trading
Post by: Simon Pieman on Sunday, December 9, 2007, 00:14:31
Quote from: "Jesus Loves Porn"
Quote from: "Si Pie"
Quote from: "Jesus Loves Porn"
Surely the fact they can use the company as a tax write off means it is worth something to them.



Nice theory, but just how would they do that?


Depends on the exact company structure of an overall group. I am not sure if any part of the club is tide in with other areas but it is feasible to use the losses of the club against another areas profit.

It fully depends on the company structure but it wouldnt suprise me if the club is tied up in some way in a tangled web.

Either way there must be a financial reason not to allow the club to be sold. If wound up then the clubs accounts will be looked at very closely by supporters, creditors and the FA. Anything being hidden now will come out whatever. I am sure they are well aware of that so there is no point in not selling just to hide activities.


The club does not own any subsidiaries and is owned 70% by the holding company. No losses could be passed between the two, not that it matters, they both run at a loss.