CVA Shambles

[Reg Smeeton]

 Crisis? What crisis. Kebabs all round then.

[Rich Pullen]

Crisis? What crisis. Kebabs all round then.

I think today was important that people vented some stress.

[Reg Smeeton]

I think today was important that people vented some stress.

 I agree, I sent off my Trust membership renewal money back in April, and still haven't heard owt. Shambles.

[nevillew]

Crisis? What crisis. Kebabs all round then.

I feel as though I'm caught in a kleftika stick

[nevillew]

I agree, I sent off my Trust membership renewal money back in April, and still haven't heard owt. Shambles.

Not suprising - PaulD spends all his time on here defending the administrators/supervisors

[pauld]

Hacker Young apologise for error
By Andy Cryer

SWINDON Town's administrators Hacker Young have apologised for an administration error that left creditors fearing the worst.

A claimants' list was sent out revealing Dunwoody had increased their initial Company Voluntary Arrangement claim from £11,000 to £750,000, but now admit an error on their system caused the confusion.

They can confirm Dunwoody have not increased their initial claim and apologise for any upset caused to creditors.

http://www.thisisswindontownfc.co.uk/display.var.2412236.0.hacker_young_apologise_for_error.php

Well, there we go.... 

Hmm, if this is an administrative error, it's a long-running one. You may remember we were asking last summer how the total creditors' list had increased from around £5.5m to over £8m. And that Andronikou refused to clarify the figure to us, the press or creditors. That over £8m figure was largely unchanged in the latest list and INCLUDED the £750k. So if it was a simple administrative error it's been ongoing since then without anyone apparently noticing that DSM were listed as having an agreed claim of £750k when they'd (apparently) never even made such a claim.

[Rich Pullen]

Can we please put this down to a long standing error and poor journalism (yeah I'll bring them into it)?

[pauld]

Can we please put this down to a long standing error and poor journalism (yeah I'll bring them into it)?

I don't think the Adver are at fault here.

[Rich Pullen]

I don't think the Adver are at fault here.

Neither do I... I'm just after blood.

In all seriousness how likely is this as a mistake? I'm hoping it's just a mondo-misunderstanding.

[Phil_S]

Seems funny to me, that the "error" occurs with this particular creditor. What a bloody concidence that it is an error that is in favour of Mikey D out of the hundreds of creditors. What a coincidence that it is an "error" in favour of a guy who over the past has given said supervisor loads of work.

[pauld]

Unfortunately we're still left with a whole series of issues and the CVA still hanging over us. As I said in my first post on this thread, the Diamandis issue is just a minor aspect of all this (albeit a big chunk of money). There's still the issue that the CVA still hasn't been dealt with, this mystery Kroll Bucher lawsuit, why HMRC haven't been paid money that was (in part) paid into the CVA years ago, when creditors can expect to actually get any money, why they're not being kept informed by the supervisor and how long what should now be a pretty straightforward administrative process (now the money's been paid) is going to drag on, leaving the club still in CVA.

[pauld]

Seems funny to me, that the "error" occurs with this particular creditor. What a bloody concidence that it is an error that is in favour of Mikey D out of the hundreds of creditors. What a coincidence that it is an "error" in favour of a guy who over the past has given said supervisor loads of work.

I don't think that's entirely fair Phil. I for one would happily accept that Andronikou's work is riddled with errors and that this is therefore just something that was always likely to happen

[Samdy Gray]

Highly coincidental that the error occured on Dunwoody's claim though isn't it, eh?

[Phil_S]

Ok I withdraw that remark. It is not funny, & it is not a coincidence that the claim wasn't inflated in error for no other creditor.
Bit like a company accountant forgetting the VAT isn't it really ?

[Rich Pullen]

Even though the conspiracies will still be there - I need someone official to say something!