Fined

[michael]

Not sure if using the ownership battle as an excuse really stacks up. The timelines intersect, but not at the points where non-compliance occurred, or were highlighted.

Plus, the report suggests either incompetence, or contempt. e.g. 'Minimal correspondence from STFC' noted in 28 October 2014. Jed was back selling double glazing with 'Geordie' at that point.

[suttonred]

The only way it would explain it on that completely, is if there was a burn the paperwork during the ownership battle. It is entirely possible I suppose, then the next contact goes to an office kid, who thinks wtf is this and bins it. Stranger things have happened.

[Panda Paws]

The only way it would explain it on that completely, is if there was a burn the paperwork during the ownership battle. It is entirely possible I suppose, then the next contact goes to an office kid, who thinks wtf is this and bins it. Stranger things have happened.

No no, there must be more of a conspiracy theory than that. Power must be fibbing, deceiving and stealing...

[Tails]

Already seen a couple of fans use this as a reason to not renew ST's. 

[horlock07]

Not sure if using the ownership battle as an excuse really stacks up. The timelines intersect, but not at the points where non-compliance occurred, or were highlighted.

Plus, the report suggests either incompetence, or contempt. e.g. 'Minimal correspondence from STFC' noted in 28 October 2014. Jed was back selling double glazing with 'Geordie' at that point.

I am not sure whether the pension regulator accepts correspondence that consists of an A4 piece of paper with RRRROOOOOAAARRRR!!!! written on it?

[Oaksey Moonraker]

It does say something about the corporate culture at the club.

There's either a level of incompetence not to deal with issues like this so ignore it or hope that it goes away. The £400 fine should have set alarm bells off.

Or the day to day staff don't have the authority to act and it all goes via the Chairman if a big cheque needs signing or a decision making.

It could indicate a 'I won't pay it until I have too' culture where they didn't think they'd get fined and then a £2500 a day fine sees action but they still think they can pay late.

Makes you wonder what Sangita Shah and the solicitor Power brought into the board are actually doing. You would expect a bit more 'Corporate Governance' from professionals.

[suttonred]

Already seen a couple of fans use this as a reason to not renew ST's. 

Which will be the 4th or 5th time they have said it no doubt.

[ronnie21]

It does say something about the corporate culture at the club.

There's either a level of incompetence not to deal with issues like this so ignore it or hope that it goes away. The £400 fine should have set alarm bells off.

Or the day to day staff don't have the authority to act and it all goes via the Chairman if a big cheque needs signing or a decision making.

It could indicate a 'I won't pay it until I have too' culture where they didn't think they'd get fined and then a £2500 a day fine sees action but they still think they can pay late.

Makes you wonder what Sangita Shah and the solicitor Power brought into the board are actually doing. You would expect a bit more 'Corporate Governance' from professionals.

Why would Power pay if Jed won control - seems a bit hard to me.

[The Artist Formerly Known as Audrey]

That's our transfer budget gone  then!

[Oaksey Moonraker]

Why would Power pay if Jed won control - seems a bit hard to me.

The dates don't match up and Jed was long gone by the time the Pensions Regulator took action.

You wouldn't use Jed as an excuse for not submitting a PAYE, Tax or VAT return. Nor does anything explain submitting a spreadsheet with the missed contributions and then not paying the money over.

Sent from my HTC One M9

[Dr Pierre Chang]

Makes you wonder what Sangita Shah and the solicitor Power brought into the board are actually doing. You would expect a bit more 'Corporate Governance' from professionals.

Correct me if I am wrong please - but I don't think Shah has been at the club for a few months now?

[ronnie21]

The dates don't match up and Jed was long gone by the time the Pensions Regulator took action.

You wouldn't use Jed as an excuse for not submitting a PAYE, Tax or VAT return. Nor does anything explain submitting a spreadsheet with the missed contributions and then not paying the money over.

Sent from my HTC One M9

This all came about during the time the battle for control was going through the courts - Power was not going to pay out if he lost!

[Oaksey Moonraker]

The £2500 a day fine started in Feb 2015 but it took another 11 months to pay the oustanding contributions. Jed lost the court case in the summer of 2014. I think the club is lucky to only be hit with a £22k fine considering they dragged out settling so long.

[ronnie21]

The £2500 a day fine started in Feb 2015 but it took another 11 months to pay the oustanding contributions. Jed lost the court case in the summer of 2014. I think the club is lucky to only be hit with a £22k fine considering they dragged out settling so long.

So the club statement is wrong then and they are lieing again?

[theakston2k]

The £2500 a day fine started in Feb 2015 but it took another 11 months to pay the oustanding contributions. Jed lost the court case in the summer of 2014. I think the club is lucky to only be hit with a £22k fine considering they dragged out settling so long.

Not true. The case wasn't settled until the 23rd of January 2015 when Jed withdrew his appeal. No real excuses but I can only imagine the paperwork or lack of from Jed's short stint running the place, fag packets don't really give a lot of information.