Thetownend.com

Yes Macca its a new post but... Tax Man is going to wind us up soon

SELL THE FUCKING CLUB NOW
THE Inland Revenue are closing in on Swindon Town as the ongoing takeover farce at the County Ground remains unresolved.
Sources close to the talks have revealed the tax man is losing patience as their £1.9million debt still shows no sign of being cleared.
A winding-up petition is expected to be issued by HMRC by early next week if the current impasse continues, with both parties claiming their innocence as the hold up continues.
Andrew Fitton and Jeremy Wray's consortium looked set to seal their takeover deal on Monday but, three days and countless false dawns later, fans remain frustrated and concerned for the club's future existence.
A winding-up petition from the revenue would spark a snowball effect from the majority of Town's other creditors, and leave the club on the financial precipice.
The revenue have already vowed to be as patient as possible to all people involved in the deal, but as the current negotiations continue to stall, they could see a petition to the courts as their only option.
Fitton's consortium have statements prepared and ready to go, confirming the completion of the conditional deal' but they insist they are still being made to wait by Town's lawyers.
It is also thought they will instantly announce the resignations of board members Sandie Gray and Bob Holt, while revealing the name of the new chief executive.
Sources close to Town's side in the deal though insist the suitors have received all paperwork needed and are equally confused about the continuing delay.
Signing the conditional deal' would allow Fitton & Co to take the reins at the County Ground with immediate effect as they looked to iron out the remaining issues.
These remaining conditions are thought to surround future development rights, with St Modwen needing to approve the agreement at a board meeting.
With the staff at the County Ground expecting to be paid this week, fears are growing they will again have to wait for their money with Christmas just days away.
Meanwhile the Swindon Advertiser's website www.thisisstfc.co.uk was in overdrive with some fans voicing their intention for more protests at Saturday's clash with Hartlepool, if the situation is not resolved.

That's not very Christmasy of them!!  Come on tax man, where's your season's greetings?

not able to read the other thread??? :?

Leave now with a tiny bit of diginity left intact.

Too late for that.  Wills' choice now is whether he goes down in history as the man who killed STFC, or the man who was prepared to take it to the brink.  Neither description is flattering or honourable.

Gaz - PLEASE change your sig - at least for the time being - it's depressing me!! :(

Early next week = Monday, given Tuesday and Weds are Chrimbo and Boxing day, and Wednesday is midweek.

The beast will hunt them down.

http://i32.photobucket.com/albums/d35/flammableben/Photo12142244.jpg

Sportsdesk comment :

SPORTSDESK COMMENT: Hurry up and sign or this club will die!
By Steve Butt

JUST what on earth is going on at Swindon Town Football Club?

First the takeover was declared dead, then it was back on again, next it was stalling and now we face a deafening silence as both fans and the media anxiously await a conclusion to this debacle.

Andrew Fitton's multi-million pound consortium are probably right to set no official deadlines for completion, but another week has passed and the club appears no closer to salvation.

advertisementCoventry City saved their future in just 24 hours, securing new ownership and funds, so why can Swindon Town not do the same?

Of course this is the County Ground soap opera we are talking about here, with uncertainty an all too familiar plot line, but even for Swindon Town this is getting ridiculous now.

One party wants to sell, the other wants to buy, AND the most absurd thing is we are only talking about a conditional contract' - how long does it actually take to sign this bit of paper?

I cannot believe the lawyers would purposely delay the deal, especially when the Inland Revenue are poised to wind the club up, so why the agonising delay?

Time is not a luxury this club has at its disposal right now so decisive action is paramount.

Until now the Inland Revenue and Town's creditors have remained amazingly patient but time is fast running out.

Even some die-hard supporters are calling for the club to be wound up just to sort this mess out once and for all.

On the pitch Town are still without a manager and quickly slipping into the League One relegation battle.

And off it there is nobody in charge of the day-to-day running of the club.

Wages are due and people's livelihoods are in jeopardy, not just the future of Swindon Town Football Club.

Minutes, hours and days are now critical, NOT weeks and months.

It is a matter of life or death for this football club.

There is a shinning light at the end of what has been a long, dark tunnel, but even that light is now starting to fade.

Don't let this light go out after all this time.

Next week will be too late, the time for decisive action is right now.

Fitton's consortium are just what the doctor ordered, but this deal needs to be signed immediately.

So for everyone concerned... PLEASE SORT THIS MESS OUT NOW ONCE AND FOR ALL!

Bit harsh on Gaz, don't you think??  :D

if we go bust I doubt I'd support AFC Swindon or anything. I'd just lose interest.

I think I am in your queue Gaz, my interest in football in general has been tarnished by this whole thing.

Swindon Town till the day I die.

Funny thing is if stfc goes it would be out of the blue for national press as they only give a monkeys about the prem. Espn have entered the race for the prem tv rights and its expected it could go for 2 billion you would like to think some of it would filter down but it wont.

If we go bust I think the new club should be called Locomotive Swindon. But I shouldn't really have a say because I'd only bother to watch them when they played Bitton away or something.

I've said it before but it bears repeating:
JUSTSIGNTHECLUBOVERANDFUCKOFFYOUCUNTS!

To me this says nothing new, just speculation. - That could have been written any day within the last two weeks. For all we know, the winding up petition has already been issued and is awaiting publication in the London Gazette (if they filed on the 7th, when it looked like the deal was dead)

As to the deafening silence, you'd think that rather than being ominous, it was lesson learned from Monday and Tuesday's debacle. In terms of communication, they're damned if they do, and damned if they don't

I really cant see any Tax office being open next week.Would they have to be open to file a winding up order or would it have been done already and just come to light next week?

there are many references to swindon town football company limited in the london gazette. some as recent as the 6th december and one on the 18th

Monday, thursday and friday are working days.

Civil Servants get a priviledge day which will be Monday, it will have to happen sometime this week.

whens the draw and actual date for the 4th round of the FA Cup.

we all know thats what they are trying to stall to....potentially there is a good chance of a big draw and lots of ticket sales....

They cant string it out for that long can they?

Hopefully Barnet beat us, if that is the case!

Jan 5th

All that will happen is that the notice will be served and end up in the Gazette as my new best friend in HMRC accidentally or intentionally let slip in his email paper trail the other day the case is already allocated to a regional office and case officer.

After that there is still plenty of opportunities to shoo the beast from the door.

5th is the 3rd round surely?

26th I think....thats when the 4th round games are.

I cant help but think thats what they are waiting for, because realistically we should be able to get past Barnet (we wont without a manager and off field problems anyway) and 4th round is a good chance for a very good draw.

A good draw = alot of ££££

But for what?!  So they can hang on a little longer and rack up even greater losses?  It beggars belief.  Diamandis has completely burned his bridges with regard to ground redevelopment (or development).  Swindon Council will not deal with him, and relocation outside of the borough is highly unlikely.

Why is he so unable to see that there is no magical pay day around the corner?  The game's up, dickweed.  For crying out loud, where are the men in white coats?

sorry was talking about the draw, but thinking about it its usually the sunday, so the 6th. 4th round is the weekend of the 26th

Barnet will beat us, the players dont give a toss, end of the day they should be putting themselves in the shop window to other clubs when we go bust,.

You really are a knob Gary Stanley.

It does indeed begger belief.Maybe the problem is that instead of being the evil Machiavellian genuis we thought he was,Diamandis is just a thick bitter cunt who can't tell when its time to let go.

All this shit is doing my fucking head in!!!  :wall:

Do you honestly see the takeover going through? i sure as hell don't. Not now. :cry:

Would you be inclined to work if there was a very great chance that were not going to be paid for it?

Its true though, why is he a knob?

Probably not in my job as I wouldn't get something similar, however in football there are scouts etc circling like animals to pick up the scraps that are left over. i do feel for the players dont get me wrong, I am sure they are worried. I paid fora  season ticket (more fool me) and I wont even get to see the whole season so..... As a footballer why wouldn't you try and do well to get another job after???

Because he's all histrionic and emotive.  If he really thinks that players feel that they can walk into a new club easily, he's delusional.  They have lives and mortgages and families to consider and the current state of affairs is bound to affect them too.

I know what you mean, but is a decent performance against Barnet really going to enhance their prospects that much?

No but in league games it would?

Stanley is spot on.

Anyone who bought a season ticket was an absolute fool.

From the London Gazette

"
Date:
    18 December 2007
Issue number:
    821331
Page number:
    605
Score:
    30.41%

SPECIALIST RECRUITMENT LIMITED SWINDON DRAIN SERVICES LIMITED SWINDON SKIPS LIMITED SWINDON TOWN FOOTBALL COMPANY LIMITED SWINDON WASTE SERVICES LIMITED SWINGCASTLE "

I really don't know what it actually means so maybe nothing, there is also a pdf file available at: http://www.gazettes-online.co.uk/searchresults.aspx?GeoType=London&st=basic&all=SWINDON%20FOOTBALL&pg=4

Can somebody confirm what this means please!

the players get paid too much bloody money anyway.

Whilst not getting paid isnt nice....and I'm sure they arent short of a few quid and if they are.....then more fool them.

But they will be paid by the pfa i know what your saying though to a certain extent but in the last 3 games they dont look like they give a fuck

Talking of which, I am surprised that the PFA haven't got involved, what with players not getting paid and there being a new owner in the wings who would pay them.

Thats it players strike to go with the boycott - though to be honest have they not been on strike for a few weeks now!

Beat me to it - Bastard!

Not a fool spence a married man with a child and a mortgage , Getting the season ticket  Made sure I could be guaranteed to turn up and support the club

(A) CERTIFICATES OF INCORPORATION
(B) DOCUMENTS MAKING OR EVIDENCING AN ALTERATION IN THE MEMORANDUM OR ARTICLES OF ASSOCIATION
(C) NOTIFICATION OF A CHANGE AMONG THE DIRECTORS OF A COMPANY
(D) RESOLUTIONS OF A PUBLIC COMPANY WHICH GIVE, VARY, REVOKE OR RENEW
AN AUTHORITY FOR THE PURPOSES OF SECTION 80 (ALLOTMENT OF RELEVANT SECURITIES)
(E) SPECIAL RESOLUTIONS OF A PUBLIC COMPANY PASSED UNDER SECTION 95(1), (2), OR (3)
(DISAPPLICATION OF PRE-EMPTION RIGHTS)
(F) REPORTS UNDER SECTION 103 OR 104 AS TO THE VALUE OF A NON-CASH ASSET
(G) STATUTORY DECLARATIONS DELIVERED UNDER SECTION 117
(PUBLIC COMPANY SHARE CAPITAL REQUIREMENTS)
(H) NOTIFICATIONS (GIVEN UNDER SECTION 122) OF THE REDEMPTION OF SHARES
(J) STATEMENTS OR NOTICES DELIVERED BY A PUBLIC COMPANY UNDER SECTION 128
(REGISTRATION OF PARTICULARS OF SPECIAL RIGHTS)
(K) DOCUMENTS DELIVERED BY A COMPANY UNDER SECTION 241 (ANNUAL ACCOUNTS)
(L) RESOLUTIONS OR AGREEMENTS TO WHICH SECTION 380 APPLIES (RELATING
TO SHARES, RIGHTS OR NAMES)
(M) RETURNS OF ALLOTMENTS OF A PUBLIC COMPANY
(N) NOTICES OF A CHANGE IN THE SITUATION OF A COMPANY'S REGISTERED OFFICE
(P) COPIES OF WINDING UP ORDERS
(Q) ORDERS FOR DISSOLUTION ON WINDING UP
(R) RETURNS BY LIQUIDATORS OF FINAL MEETING ON WINDING UP

It was a type C so my guess would be the notification of Starnes resignation

Everyone knew the financial stae of the club when they bought their tickets.  If they want to effectively gamble then thats their choice.

I wish people wouldnt moan about not getting to see a whole season etc.  its not like it was never on the cards!

I never realised we came this close in the past

Publication Date: Thursday, 6 October 2005
Notice Code: 2450

In the High Court of Justice (Chancery Division)
Companies Court.  No 5895 of 2005

In the Matter of SWINDON TOWN FOOTBALL COMPANY
LIMITED
and in the Matter of the Insolvency Act 1986

A Petition to wind up the above-named Company of 37 London Road, Newbury, Berkshire RG14 1JL, presented on 31 August 2005 by the Commissioners of Inland Revenue, of Somerset House, Strand, London WC2R 1LB, claiming to be Creditors of the Company, will be heard at the Royal Courts of Justice, Strand, London WC2A 2LL, on 19 October 2005, at 1030 hours (or as soon thereafter as the Petition can be heard).
Any persons intending to appear on the hearing of the Petition (whether to support or oppose it) must give notice of intention to do so to the Petitioners or to their Solicitor in accordance with Rule 4.16 by 1600 hours on 18 October 2005.

The Petitioner’s Solicitor is the Acting Solicitor to HM Revenue and Customs, Solicitor’s Office, East Wing, Somerset House, Strand, London WC2R 1LB, telephone 020 7438 7723.  (Ref SLR 1135112/37/Z.)

True it is dissapointing, if we go bust we go bust and we gave them money. We could become creditors but whats the point, would never see a penny and if we did we would get maybe 1p so I wouldnt even bother filling out forms to become a creditor. pointless.

I'll try my Credit Card company for a partial refund.

I still think it'll go through at the last minute (tomorrow 4:59 if thisis is o go by).